- Average Indiana car insurance cost is $1,102 per year for a full coverage policy. Average cost per month is $92.
- Indiana ranks fourth out of 12 Midwestern states for cheapest car insurance and ranks eighth out of all 50 states.
- The vehicle segments with the cheapest insurance in Indiana are compact SUVs, vans, and midsize SUVs and pickups.
- Average rates for popular models range from $832 per year for the Honda CR-V to $1,234 per year for the Ford Mustang.
What is average car insurance cost in Indiana?
Average car insurance rates in Indiana cost $1,102 per year, or around $92 per month. When compared to the national average rate, Indiana car insurance cost is 27.6% cheaper per year.
Some of the more popular vehicles and their average insurance rates include the Jeep Grand Cherokee at an average of $1,206 per year, the Ford Explorer at $1,092, the Mazda CX-5 at $890, the Chevrolet Equinox at $996, and the Ford Escape at $942 per year.
Luxury models like the Lexus NX 300, the Volvo S60, and the Lexus GX 460 cost an average of $1,054, $1,144, and $1,202 per year, respectively, for full-coverage car insurance in Indiana.
For larger SUVs and pickups, average rates on the most popular models include the Ford F-150 at an average cost of $1,052 per year, the Chevrolet Silverado 1500 at $1,148 per year, the Ram 1500 at $1,200 per year, the Chevrolet Suburban at $1,196 per year, and the Chevrolet Tahoe at $1,106 per year.
The chart below shows the cost of car insurance in Indiana averaged across all models for the 2021 model year.
|Driver Age||Deductible||Annual Cost||Monthly Cost|
Average rates in the chart above range from $836 per year for a 60-year-old driver with $1,000 deductibles to $2,544 per year for a 20-year-old driver with $250 deductibles. The overall average rate we use for comparison purposes is a 40-year-old driver with $500 deductibles which has an average cost of $1,102 per year.
As a monthly cost, car insurance quotes in Indiana range from $70 to $212 for the same risk profiles and driver ages shown in the previous chart.
Car insurance cost is dependent on many factors, and the list below shows some situations where rates may deviate from the average cost.
- Having an at-fault accident could trigger a rate increase of up to $454 each year, depending on the company.
- The type of vehicle you are insuring makes a big difference in the cost of insurance. For example, insuring a Toyota Tacoma instead of a Chevy Silverado 2500HD can save $346 or more per year on auto insurance.
- Avoiding serious traffic violations is the best way to get cheap rates, as getting a DUI or other serious conviction can raise rates by $1,012 or more per year.
- Even small traffic violations can result in significant increases in car insurance cost. Just one speeding ticket could increase the annual cost of car insurance in Indiana by $290, depending on the company and the vehicle insured.
- Qualifying for as many discounts as possible is a great way to find cheaper car insurance. Discounts like safe driver, claim-free, multi-vehicle, multi-policy, and customer loyalty could save as much as $342 per year.
How does Indiana car insurance cost compare?
When compared to surrounding states, average Indiana car insurance quotes are 7.6% more expensive than Ohio, 35.8% cheaper than Kentucky, 59.5% cheaper than Michigan, 0.2% cheaper than Wisconsin, and 2.2% cheaper than Illinois.
The chart below shows how average car insurance cost in Indiana compares to other Midwest states. Indiana ranks fourth in the Midwest, with only Iowa, Ohio, and Illinois having cheaper rates. Out of all 50 states, Indiana ranks eighth for cheapest auto insurance rates.
|Midwest Region States||Average Insurance Cost||Annual Difference|
When compared to states in other parts of the country, the average cost of car insurance in Indiana is 25.1% cheaper than Texas, 34.2% cheaper than California, 34.5% cheaper than New York, 14.8% more expensive than Maine, and 6.8% more expensive than North Carolina.
Here’s an example using dollar figures instead of percentages to illustrate how Indiana car insurance compares to other Midwest states.
We will use a 2021 Chevrolet Silverado as the rated vehicles for this example, which in Indiana costs $1,148 per year to insure on average. When compared to other states in the Midwest region, car insurance in Indiana is:
- $242 per year cheaper than insuring the same vehicle in Missouri ($1,390)
- $254 per year cheaper than in Minnesota ($1,402)
- $102 per year more expensive than in Iowa ($1,046)
- $226 per year cheaper than in Kansas ($1,374)
- $100 per year cheaper than in Nebraska ($1,248)
What are the cheapest cars to insure in Indiana?
The top five cheapest vehicles to insure in Indiana are not even cars, but rather four compact SUVs and one van. The cheapest models are the Subaru Forester, Honda CR-V, Ram Promaster City, Mazda CX-3, and Toyota C-HR.
Other models that rank very high for average auto insurance cost in Indiana include the Kia Sportage, Ford Edge, and Volkswagen Golf. The cheapest midsize pickup to insure in Indiana is the Toyota Tacoma with an average cost of $930 per year, and the cheapest full-size pickup insurance is on the Ford F-150 at $1,052 per year.
For luxury cars, the cheapest insurance rates in Indiana can be found on the Mercedes-Benz A220 at $1,080 per year, the Acura ILX at $1,030 per year, and the Volvo S90 at $1,204 per year.
The next table ranks the top 50 vehicles from the 2021 model year with the cheapest car insurance in Indiana.
Cheapest car insurance by vehicle segment
The previous table ranking the top 50 cheapest vehicles to insure in Indiana tends to show a lot of compact and mid-size cars and SUVs, which by nature are the most affordable segments for car insurance.
The list below shows the vehicle model with the cheapest average insurance rate in each segment. Some models are shown in the prior top 50 rankings, but most are not.
- Cheapest compact car insurance – Volkswagen Golf at $880 per year or $73 per month
- Cheapest compact SUV insurance – Subaru Forester at $820 per year or $68 per month
- Cheapest midsize car insurance – Mazda 6 at $1,022 per year or $85 per month
- Cheapest midsize SUV insurance – Ford Edge at $876 per year or $73 per month
- Cheapest full-size car insurance – Kia Cadenza at $1,120 per year or $93 per month
- Cheapest full-size SUV insurance – Toyota Sequoia at $1,090 per year or $91 per month
- Cheapest midsize pickup insurance – Toyota Tacoma at $930 per year or $78 per month
- Cheapest full-size pickup insurance – Ford F150 at $1,052 per year or $88 per month
- Cheapest heavy duty pickup insurance – Ford F350 Super Duty at $1,188 per year or $99 per month
- Cheapest minivan insurance – Kia Sedona at $936 per year or $78 per month
- Cheapest sports car insurance – Mazda Miata at $1,012 per year or $84 per month
- Cheapest compact luxury car insurance – Mercedes-Benz A220 at $1,080 per year or $90 per month
- Cheapest compact luxury SUV insurance – Volvo XC40 at $910 per year or $76 per month
- Cheapest midsize luxury car insurance – Acura ILX at $1,030 per year or $86 per month
- Cheapest midsize luxury SUV insurance – Volvo V60 at $1,042 per year or $87 per month
- Cheapest full-size luxury car insurance – Volvo S90 at $1,204 per year or $100 per month
- Cheapest full-size luxury SUV insurance – Volvo XC90 at $1,058 per year or $88 per month
Average car insurance rates for popular Indiana vehicles
Many of the most popular vehicles sold in Indiana do not have the cheapest insurance rates. For this reason, the next chart takes the average car insurance cost for 25 of the most popular models and sorts them by cost. Out of the top 50 cheapest models, only the Honda CR-V, Mazda CX-5, Subaru CrossTrek, , Toyota Tacoma, Ford Escape, Toyota Corolla, and Nissan Rogue made it onto the next chart.
|Make/Model||Annual Rate||Monthly Rate|
|Hyundai Santa Fe||$1,148||$96|
Average rates in Indiana cities
Average annual and monthly car insurance rates are listed below for some of the larger cities in the state of Indiana. Click any city to view detailed insurance rate information, including cost comparisons and the cheapest vehicles to insure in each city.