Indiana car insurance costs on average about $1,133 annually or $414 monthly on average; this price may differ significantly based on factors like driver history, age and coverage level. To get an accurate quote online using a car insurance calculator is often the best way.
MoneyGeek’s car insurance calculator for Indiana allows you to enter vehicle and policy details, including coverage levels and estimated quotes, to find an ideal policy suited for both your budget and coverage preferences. After making these choices, the next step should be finding an insurer with suitable rates and terms; typically State Farm offers lower premiums compared with its rivals while boasting high customer satisfaction ratings as well as offering wide variety of coverage options; other notable providers include Allstate and GEICO.
Drivers in Indiana who want to maximize protection should consider increasing their liability limits and adding comprehensive and collision coverage if possible. While higher policies provide better financial protection in case of an accident, they usually come at a premium; in Indiana for instance a comprehensive policy with a $500 deductible costs 165% more than minimum coverage; nonetheless many drivers consider these extra protection measures worth the added expenses.
Clean driving records are key to enjoying lower car insurance premiums. Any violations, particularly serious ones like speeding or DUI/DWI charges, will significantly raise your rate; while maintaining one could save up to $944 annually. This would cover over half the costs associated with full coverage.
Women generally pay less for car insurance in Indiana than men due to insurers seeing male drivers as greater risks due to accidents and incidents that could potentially have serious repercussions. Both male and female drivers can save by enrolling in safe-driving courses or adopting risk mitigation techniques such as risk transference strategies.
Credit scores can also play an integral part in affecting Indiana car insurance premiums, with good ones helping you secure competitive rates while poor ones driving up premiums by up to two and one-half times.
Indiana state laws mandate drivers must carry at least $25,000 per person and $50,000 per accident in bodily injury liability coverage as well as $25,000 property damage liability coverage. Uninsured/underinsured motorist coverage also offers great peace of mind if an at-fault uninsured driver causes an accident.
As a comparison, the annual cost of full coverage on a 2022 Acura ILX 2.4L in Indiana is roughly $1,386, whereas liability-only may save you as much as $573 annually. However, higher coverage may be worth it depending on how careful and valuable a driver you are. It would be worthwhile consulting your insurer as to their rates as well as any possible discounts such as good driving discounts or loyalty rebates that you qualify for.