The Best Car Insurance in Indiana

When it comes to Indiana auto insurance companies, some are great, and some are just mediocre. Knowing what makes an insurer stand out is essential when selecting the best policy for you and your family. Let’s investigate how you can find the best car insurance company and policy for your needs. 

The best auto insurance in Indiana will vary from person to person, as it’s subjective based on what you value in a policy. Ultimately, many drivers must decide what they value more: cost or coverage. If you value cost over coverage, the best policy for you will likely be a policy with the minimum legal coverage from an insurer with low base rates. If you value coverage over cost, the best policy for you will likely be a full coverage policy from an insurer with a wide selection of additional optional coverages.

Suppose you fall somewhere in between and value cost and coverage equally. In that case, the best policy for you will likely be a full coverage policy from an insurer that offers low base rates and plenty of opportunities for discounts. Many drivers land in this category, valuing safety and savings equally. 

According to car insurance laws in Indiana, all drivers must carry a minimum of $25,000 of bodily injury liability per person, $50,000 of bodily injury liability per accident, and $25,000 of property damage liability per accident (25/50/25 liability coverage) on their auto insurance policies. All insurers must offer the same 25/50/25 limit of uninsured motorist coverage (UM) to each new policyholder when binding their policy. New policyholders can reject this coverage but must provide proof of rejection in writing. If you lease or finance your vehicle, your lender or leaser may require you to carry comprehensive and collision coverages.

While the average full coverage policy in Indiana is about $1,210 annually, making car insurance in the state nearly 30% cheaper than the national average rate of about $1,670, it’s possible to get great coverage at an even cheaper rate. Let’s see how you can get a policy from one of the top insurance companies in Indiana while maintaining your savings and safety.

While sifting through the Indiana insurance companies that offer rates and coverages that meet your needs, it may be difficult to choose just one. The best way to narrow your search is to decide what you value more: cost or coverage. 

While conducting your search, it’s imperative to remember that premiums vary from person to person depending on some facts about you. Insurers use factors like your age, gender, ZIP code, the type of car you drive, and several other factors to determine your premiums. So while the average rate from an insurer may be low, that rate may not be available based on one of these factors.

In some states, using factors like gender or ZIP code to determine premiums is prohibited, but it’s permitted in Indiana. This means that those who live in larger cities, like Gary or Indianapolis, will pay higher premiums due to their increased risk of getting into an accident. 

If the factors determining your premiums work against you rather than help you, don’t worry just yet. Plenty of insurers in the Hoosier State offer low base rates and several opportunities for discounts so you can lower your premiums without sacrificing coverage.

While several car insurance companies in Indiana stand out, you must never forget that the best car insurance policy is always subjective to the policyholder’s needs. The insurer with the cheapest rates in the state may not offer the type of coverage you need, and the insurer with the best options for coverage types may not offer the lowest rates or any discounts that apply to you.

Knowing your needs is crucial when searching for the best car insurance policy for you and your family. While some factors about you may cause your premiums to be higher than the state’s average, like your ZIP code or your credit score, a company with several opportunities for discounts may stick out to you because you may be able to lower your premiums while keeping optional coverages that better protect you and your family on the road. Let’s look at some Indiana insurance companies in a list from great to greatest.

When researching the best car insurance company for your needs, you will likely start by getting quotes from several insurers. While Indiana’s average car insurance premium is about 30% cheaper than the national average, many drivers still want the best bang for their buck.

Let’s check out some of the top insurers in the Hoosier State that offer low base rates, a wide range of coverage options, and plenty of stackable discounts.

Travelers is one of our top choices for insurers in Indiana because they offer base rates for high-risk drivers on par with the state average and offer several discounts for additional savings. With Travelers, the average full coverage policy for someone in an at-fault accident or a traffic violation on their record, like a DUI, is about $1,300 annually, which isn’t much higher than the average $1,210 Hoosiers with clean driving records pay annually. 

Travelers offers standard discounts like a good student discount for students who earn good grades and unique discounts like their electric or hybrid car discount. They’re also known for having some of the best customer service in the business. 

Drivers in the Hoosier State get great rates with a policy from Progressive. The company’s average base rate for a full coverage policy is about $1,200 annually, just under the state’s average. Progressive offers discounts to lower policies even further, like its telematics program. Drivers can enroll in Progressive’s safe driving program to receive annual or monthly discounts on their policies for practicing safe driving habits. Even without enrolling in this program, policyholders may receive a discount each time they go six months accident-free.

Another insurer in Indiana with terrific coverage options and competitive rates is State Farm. The average full coverage policy from State Farm is about $970 annually, which is about 20% cheaper than the state average. State Farm offers standard discounts, like the good student discount and a discount for safety or anti-theft devices on your vehicle. State Farm also offers a safe driving telematics program to reduce your premiums further. 

USAA is one of the best insurance companies in Indiana for those who are former or current members of the U.S. military. The average full coverage policy with USAA costs about $870 annually, or about 30% cheaper than the state’s average. While USAA isn’t available to everyone, their rates and coverages are too good not to mention. Not only do they have fantastic rates and coverage options, but they consistently rank highly for excellent customer service. 

Our top choice of insurers in Indiana is Geico. Geico’s average full coverage premium is about $930 annually, which is about 25% cheaper than the state average. Geico offers low base rates for all types of drivers, not just those middle-aged with clean driving records. In addition to low base rates, Geico offers an enrollment-based safe driving program and several standard discounts, like multi-car or multi-policy bundling discounts. On top of low base rates and competitive discounts, Geico offers an expansive range of optional coverages to ensure you’re completely protected on the road.

While finding the best insurance company in Indiana is a matter of finding an insurer that best matches your needs, there’s no denying that some are better than others. The best way to narrow your search for the insurer that best suits your needs is to get and compare quotes online. Whether you’re shopping for insurance for the first time or simply curious about switching your insurer to get better coverage at a lower rate, the easiest way to conduct your research is by compiling quotes from different insurers.

If you’re ready to start gathering and comparing quotes from Indiana insurers, you’ve come to the right place. Here at Clovered, we offer a free quoting tool you can use to compare quotes from the top insurers in minutes. If you have any questions about how to find the best insurance in Indiana or would rather get your quote from an agent, call us at 833-255-4117 or email us at [email protected].