You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the adept advice and tools needed to succeed throughout liveliness ’ s fiscal travel. Bankrate ’ s column team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow hard-and-fast guidelines to ensure that our editorial contentedness is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. then, whether you ’ re reading an article or a review, you can trust that you ’ re getting credible and dependable data. We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have column standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the data you ’ re understand is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive steer compensation from our advertisers. Bankrate follows a rigid editorial policy, so you can trust that we ’ ra putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right fiscal decisions. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we ’ rhenium putting accuracy first. Our policy team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel confident about which supplier is right for you. Bankrate follows a hard-and-fast column policy, so you can trust that we ’ re putting your interests first. All of our content is authored by highly certified professionals and reviewed by discipline matter experts, who ensure everything we publish is objective, accurate and worthy of your faith. Founded in 1976, Bankrate has a long cut record of helping people make bright fiscal choices. We ’ ve maintained this repute for over four decades by demystifying the fiscal decision-making serve and giving people confidence in which actions to take adjacent. While we adhere to strict column integrity, this post may contain references to products from our partners. here ‘s an explanation for how we make money. This content is powered by HomeInsurance.com ( NPN : 8781838 ). For more information, please see our Insurance disclosure. Although Indiana has miles and miles of farmland, merely 14 % of the residents live in rural areas. Most car owners live in urban centers in the state, such as Indianapolis and Evansville, where they are probably to pay more for vehicle coverage. The average price of car insurance in Indiana is $ 367 for minimal indemnity and $ 1,254 for full cable car insurance .
How much is car insurance in Indiana?
many factors can affect your actual car indemnity bounty, such as your historic period, driving commemorate, location and the vehicle indemnity carrier you choose, making it unmanageable to precisely determine the price of car policy in Indiana.
however, average car indemnity rates across the submit are lower than the national average car indemnity price of $ 565 for basic and $ 1,674 for full coverage. indeed if you live in Indiana ( or plan on moving there ), your premiums are likely lower than in many other states. however, you can still probably save on coverage by getting quotes from some of the cheaper carriers in Indiana .
Indiana car insurance rates by company
Take a look at Indiana car insurance rates by carrier and notice how much annual premiums can vary between companies for the same type of coverage. The Hanover offers wax coverage premiums at a whopping average of $ 4,355, while Pekin ’ south average entire coverage rate is just $ 673 for the year .
Indiana car insurance rates by city
Residents of larger metropolitan areas typically pay more for car insurance. The following table shows the state of matter ’ s 20 largest cities by population and how Indiana car policy rates vary by city .
| City | Average annual premium for full coverage | % increase in average annual premium |
|---|---|---|
| Indianapolis | $1,371 | 9% |
| Fort Wayne | $1,203 | -4% |
| Evansville | $1,308 | 4% |
| South Bend | $1,223 | -2% |
| Fishers | $1,168 | -7% |
| Bloomington | $1,221 | -3% |
| Hammond | $1,835 | 46% |
| Gary | $1,958 | 56% |
| Carmel | $1,146 | -9% |
| Muncie | $1,151 | -8% |
| Lafayette | $1,146 | -9% |
| Terre Haute | $1,266 | 1% |
| Anderson | $1,231 | -2% |
| Elkhart | $1,188 | -5% |
| Noblesville | $1,160 | -7% |
| Mishawaka | $1,201 | -4% |
| Jeffersonville | $1,349 | 8% |
| Lawrence | $1,386 | 11% |
| Kokomo | $1,202 | -4% |
| Greenwood | $1,216 | -3% |
Indiana car insurance rates by age
New, young drivers will about always pay more for car policy compared to older ones. Although the rates reflected indicate that teens and drivers under 25 yield the highest rates, keep in mind that maintaining a good driving record is keystone to getting endlessly lower premiums as you historic period. *16-year-old calculated on rear ’ s policy disclosure
Indiana car insurance rates by driving record
One of the most authoritative things to keep premiums low is to focus on safe driving habits and invalidate accidents, moving violations, particularly DUIs. A unmarried accelerate ticket in Indiana could increase your car policy by 18 percentage on average. And a DUI is probable to raise your rates by around 50 percentage, which is a massive increase if you are on a close budget .
| Driving incident | Average annual full coverage premium in Indiana | % increase in average annual premium |
|---|---|---|
| Speeding ticket | $1,522 | 18% |
| Accident | $1,786 | 30% |
| DUI | $2,339 | 46% |
How to save on car insurance in Indiana
If you are concerned you may not be able to afford car policy in Indiana, there are a few ways you might be able to lower your premiums strategically :
- Drivers with past accidents or tickets: If you have a speeding ticket or recent accident, the first thing you should do is to check and see if you can attend an approved traffic school or defensive driving course to wipe the points off your record. Most can be completed online from home in a few hours and, if approved by your insurance company, could lower your premiums over two to three years.
- Young drivers: Young drivers should consider adding their vehicle to a parent’s policy to save. As you can see in the rates of a 16-year-old on a parental policy versus an 18-year-old on an individual policy, the premium difference can be significant.
- Drivers in Gary or Hammond: If your premiums are higher because of where you live, ask your insurance company for discounts that could offset higher rates. Some reductions you may be able to request include discounts for parking your car inside a private garage or low-mileage discounts if you are currently working from home.
- Find the cheapest carrier: Shopping around for car insurance is the most effective way to save on coverage. Choose several carriers in your area and collect quotes to compare. You may decide to switch carriers if you can save a considerable amount on your car insurance.
Frequently asked questions
How much is car insurance in Indiana per month?
Based on the modal cost of car insurance in Indiana of $ 367 per class for minimal coverage and $ 1,254 per year for full indemnity, your monthly car indemnity payment may be roughly $ 30 or $ 105 per calendar month. actual rates will vary, so you should consider shopping around to determine what carriers will charge you .
What is the cheapest car insurance in Indiana?
While there may be other carriers in your sphere that we haven ’ thyroxine reviewed, Bankrate found that some of the cheapest car insurance in Indiana comes from USAA, Auto-Owners and State Farm. You will probably placid want to get quotes from multiple carriers to find the best rates.
Read more: The Best Car Insurance Companies for 2022
When do I need full coverage car insurance?
The easiest direction to determine whether wax coverage car insurance is the best choice is by looking at your fiscal picture. If you have assets such as a home or other vehicles, a judgment against you could cause you to lose your family to pay for a lawsuit. Full coverage could lower the chances of such a situation. You will most probable need full car policy if you lease your fomite or have a car loanword .
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean repel record, good credit and the succeed full coverage limits :
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimal coverage limits, Bankrate used minimal coverages that meet each department of state ’ randomness requirements. Our floor profile drivers own a 2019 Toyota Camry, commute five days a week and force 12,000 miles annually .