Save yourself the trouble of searching the endless results in Google to understand auto insurance in Indiana. We have everything you need to know about its car insurance laws, insurance rate, discounts, and more.

Indiana State Requirements

The thing on your mind might be “how to save on your Indiana insurance policy.” That’s smart, but let’s start with the stuff that you need to have to abide by the law: your state’s required minimums. You’ll need at least this much on your car insurance policy for liability insurance AND uninsured/underinsured motorist coverage:

  • $25,000 Bodily injury liabilityfor one injured person
  • $50,000 Bodily injury liability for multiple people per one accident
  • $10,000 Property damage

What Indianans Pay For Car Insurance

Everyone pays a unique rate for their car insurance policy, but that doesn’t mean you should over pay. According to our research, Indiana boasts the country’s third cheapest insurance rates. On average, the most affordable insurance can be found at the following companies:

 Average Annual Rates
Erie$458
Indiana Farmers Mutual Insurance$571
Allstate$882
Liberty Mutual$1,023
Travelers$1,084
GEICO$1,164

Want more information on how much your neighbors are paying? Check out our full list of the cheapest car insurance companies in Indiana.

Why Car Insurance Costs What It Does

Feel like you’re speed dating when you call your insurance company for a quote? They actually have good reason for the questions they ask. For one, it helps them separate the good from mediocre drivers. Good drivers will usually get cheaper premiums and poor drivers (or just young and inexperienced) will typically pay higher. This way, everyone is paying a fair price and no one is spending more than they should based on their driving risk factors. Here’s what they may ask you about:

  • Gender/age
  • Address
  • Driving history
  • Make and model of car
  • Credit score
  • Own/rent a home
  • Education level
  • Claims history

Car Insurance For Every Driver

Have a few blemishes on your driving record? Don’t fret. You can apply for insurance through the Indiana Auto Insurance Plan—which doesn’t allow insurance companies to turn you away. Yay!

What Proof of Insurance Is All About

Having insurance is important. We could say “ditto” about being able to prove it. If you don’t have an insurance card (you should get one when you sign up for a plan) on you when you get pulled over or into an accident, this is what could happen to you:

  • First Offense: Your license can be suspended up to one year. Getting it back will cost you $150 too.
  • Second Offense: Your license will be taken away for another year and you’ll have to pay $225 in a reinstatement fee.
  • Third Offense: Can you guess? Your license will be taken away for yet ANOTHER year and you’ll have to pay a $300 reinstatement fee.

With all these fees, it’s cheaper to just buy annual car insurance in the first place!

Did You Know?

Getting into accidents and getting tickets will make your insurance rates go up. So will driving a commonly stolen car, unfortunately. Here are the ones Indiana thieves seem to have taken a shining to*:

  • Chevrolet Pickup (Full Size)
  • Ford Pickup (Full Size)
  • Chevrolet Impala
  • Dodge Pickup (Full Size)
  • Chevrolet Pickup (Small Size)
  • Ford Taurus
  • Chevrolet Malibu
  • GMC Pickup (Full Size)
  • Pontiac Grand Prix
  • Jeep Cherokee/Grand Cherokee

*According to www.nicb.org

Expert Advice from Skilled Agents

Agents who are both personable and knowledgeable do exist. Call 855-462-2213  to speak with a licensed expert who knows the ins-and-outs of car insurance in Indiana. They can answer any questions you may have and help you start comparing rates from top insurance companies.

Additional Indiana Resources:

 

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