Indianapolis Car Insurance

Monthly Average Rates by Country, State, and City

Car insurance rates vary from driver to driver and are based on many factors that include driving history, claims history and where you live. Each city in Indiana has different rates, and below, you can compare average rates with the national average. According to our data, drivers who live in Indianapolis typically pay around $112.63 per month compared to the national average of $167.68 per month. The best way to get a low rate is by comparison shopping. SmartFinancial can do that for you at no cost while pairing you with a reputable insurance company so you have no surprises if you have an accident.

Indianapolis, IN Best Car Insurance Companies

Certain insurers will offer you better rates than others based on a myriad of factors, so you may get a better deal from one insurer over another for various reasons, and that’s why it’s important to compare. According to our data, Clearcover generally has the most affordable car insurance in Indianapolis coming in around $53.63 per month. Other companies to consider if you live in Indianapolis is SafeAuto with an average cost of $72.92 per month and Elephant Insurance which typically runs around $80.14 per month. Check out the full list below. SmartFinancial rates the following insurers as the best insurance companies for drivers in Indianapolis.

How Much is Car Insurance in Indianapolis, IN?

Rates can vary from city to city. The residents of Anderson typically pay $86.32 per month while people who live in Bloomington will pay $86.02 per month on average. See what people pay for car insurance in other cities in Indiana.

Cheap Car Insurance in Indianapolis by Zip Codes

Every zip code rates differently with every insurer. Your zip code determines the crime rate in your area as well as other risks. Below, you can see how average rates range across the state of Indiana. If you live in an area that is rated high in crime, you can make sure to garage your car in a safe place. That ought to save you some money. Covered and gated structures are best. Make sure to tell your insurance agent about the precautions you’re taking.

Car Insurance Rates by Driver's Age Group in Indianapolis

Generally speaking, you pay more in car insurance the younger you are and the older you are. Teens and young adults often pay around $92.57 per month in Indianapolis. Compare that to drivers in their 30’s who typically pay around $101.20 per month drivers in their 40s at $96.78 per month. It’s always a good idea to check for discounts that apply at any age. Some discounts include away-at-school discount, safe driver discount, mature driver discount, good student discount as well as multi-policy and bundling discounts.

Cheapest Insurance for Teenage Drivers in Indianapolis

If you are teen in Indianapolis you are probably looking for a good deal on car insurance. Since teenage drivers typically pay the highest rates of any other age group, it’s important to compare multiple companies. According to our research, Clearcover typically charges around $57.53 per month. This is likely the most affordable option in Indianapolis. You might also want to consider USAA and Erie who also offer good affordable policies for teen drivers.

Cheapest Insurance for 20 Year-olds in Indianapolis

20 year-olds in Indianapolis might want to consider Clearcover who, on average, offers car insurance rates around $61.66 per month. Erie , Cincinnati Insurance , SafeAuto and USAA are also in the top 5 cheapest rates available.

Cheapest Insurance for 30 Year-olds in Indianapolis

If you are in your 30s in Indianapolis our research has found that Clearcover typically has the most affordable coverage coming in around $49.80 per month, followed by Erie at $66.25 and Utica National Ins Group at $67.50.

Cheapest Insurance for 40 Year-olds in Indianapolis

On average, Clearcover offers car insurance for 40 year-olds in Indianapolis for around $42.59 per month. If you are looking for affordable coverage, you may also want to consider Erie or Cincinnati Insurance. The full list of top companies is below.

Cheapest Insurance for 50 Year-olds in Indianapolis

Oftentimes 50 year-olds enjoy some of the lowest rates of any other age group. In Indianapolis we found that Clearcover generally offers the most affordable coverage at $38.01 per month.

Cheapest Insurance for 60 Year-olds in Indianapolis

If you live in Indianapolis and you’re in your 60s, our data indicates that Clearcover usually has the best rates at $48.13 per month. The top 5 list of car insurance companies is below.

Driver's Coverage Auto Insurance Rates in Indianapolis, IN

Typically, drivers who currently have car insurance coverage will receive a cheaper monthly quote than drivers who do not. Since car insurance is a requirement in all 50 states, companies may question why you don't currently have coverage. Because of this, they may see you as a higher risk driver. In Indianapolis, the average monthly rate for a driver who is currently insured is $107.14 while drivers who are not currently covered will pay around $119.35.

Compare Recent Car Insurance Quotes in Indianapolis

Your vehicle plays a big part in how you rate for car insurance. The more your car is worth, the higher your car insurance rate. To lower your monthly premiums, you can set a higher deductible, but you’ll need to pay that deductible if you have an accident. Generally speaking, the newer a car is, the more it’s worth, and you may pay more in premiums, but the latest safety features will earn you a discount. The overall safety ratings of a car are also considered when determining your rate. In Indianapolis a driver of a 2006 Ford F150 can expect to pay around $128.00 per month while someone that owns a 2020 Dodge Charger may pay around $580.42 per month. Check out the list of recent quotes in Indianapolis below.

FAQ's for Drivers in Indianapolis, IN

What Is the Minimum Amount of Liability Coverage Requirement in Indianapolis?

Indiana law says drivers must show they have financial responsibility in effect for a motor vehicle. The Indiana Bureau of Motor Vehicles requires 25/50/25 liability insurance coverage for all drivers. The minimum liability insurance requirements for private passenger vehicles in Indiana are:

• Bodily Injury Liability Coverage (one individual): $25,000 for injury/death to one personal injury
• Bodily Injury Liability Coverage (two or more people): $50,000
• Property Damage Liability Coverage: $25,000

Indiana's minimum insurance requirements may not provide enough coverage if at-fault in a car wreck. Buy more insurance, especially if you have a lot of assets. SmartFinancial can help you find affordable car insurance to ensure you have enough protection if the worst happens. Fill out the form on this page to get started.

What Is the Blood Alcohol Concentration (BAC) Limit in Indianapolis?

Driving Under the Influence means you had alcohol or other substances in your system while driving your vehicle. In Indiana, it is a criminal offense for a person to operating an automobile with the following blood alcohol concentration (BAC):

• BAC over the legal limit of .08 is a criminal offense and has an immediate effect on your privilege to operate a vehicle.

Unfortunately, no one is perfect. If you get a DUI on your record, it can significantly increase your auto insurance rates. SmartFinancial can help you find lower insurance rates. You can fill out the form on our page and comparison shop for insurers that meet your needs.

Can I Register My Car Without Insurance in Indianapolis?

No, you can't. According to Indiana Law, drivers can't own or operate cars within the state if they don't have insurance. Drivers must buy auto liability insurance to repair or replace another driver's vehicle, damaged property, or medical expenses when you're at fault in an accident.

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