Having trouble getting cheap car insurance in Indiana? You should explore your options by researching all the details about the companies like USAA, Erie, Progress, GEICO, etc.
Cheap Car Insurance in Indiana
In Indiana there are many cheap insurance companies available offering cheapest rate according to different conditions such as driver type, ranking of the company, location, etc.
1. Categories of driver
Before having the auto insurance, your insurer will have you check for the conditions like being young or adult, new or old driver, etc. This may affect your annual cost and may vary among the various insurance companies.
For Adults Drivers:
The yearly rates are completely variable for adults around 40-year-old male or female. The first three lowest rates for the mentioned categories are:
| Categories | Erie | GEICO | Indiana Farmers | Auto Owners | American Family |
|---|---|---|---|---|---|
| Good drivers with good credit | $636 | $642 | $891 |  |
|
| Minimum coverage | $237 | $290 | |
$312 | |
| Good drivers with poor credit | $1,708 | $953 | $1,462 | |
|
| Drivers with accident history | $836 | $1,199 | $1,060 | |
|
| Drivers with recent DUI | $987 | |
$891 | |
$1,234 |
| Drivers with speed violation ticket | $685 | $938 | $1,060 | |
|
For Young Drivers:
Similar is the case with 25-year-old young drivers, the first three cheap rates are:
| Categories | GEICO | Erie | Indiana Farmers | State Farm | Progressive |
|---|---|---|---|---|---|
| Full coverage for good drivers | $711 | $760 | $1,182 | |
|
| Minimum coverage with good credit | $283 | $306 | $462 | |
|
| Minimum coverage with poor credit | $425 | $788 | |
$791 | |
| Drivers with a recent accident | $387 | $535 | $555 | |
|
| Driver after DUI | |
$468 | $467 | |
$576 |
| Drivers with speed violation ticket | $462 | $306 | $555 | |
|
For Families:
When families are going for the car insurance then they must know all the variation in the annual rate that may occur due to their family members such as having a child or not. The status of the family also matter i.e. whether they are civilians or military. Following are the conditions and the rates:
| Categories | Erie | GEICO | Indiana Farmers | USAA |
|---|---|---|---|---|
| Married couple | $980 | $1,088 | $1,430 | |
| Families with teens | $2,049 | $1,812 | $2,810 | |
| Military Families | |
$1,168 | |
$885 |
2. By Ranking:
Among the several insurance companies, following seven are considered as the cheap car insurance companies and are arranged according to their ranks in offering the affordable rates:
| Rank | Name of the Company | Average Amount |
|---|---|---|
 |
Erie | $546 |
 |
GEICO | $572 |
 |
Progressive | $626 |
 |
State Farm | $646 |
 |
American Family | $790 |
 |
Farmers | $814 |
 |
United Farm Bureau of IN Group | $873 |
 |
Allstate | $936 |
3. Age of Drivers
The age is really not just a number. A aged person is less likely to face accident as compared to young ones because of difference in their experience. Similarly, females are risky to cause damage than males. The cheap insurance companies in accordance with the age factor are:
For Males:
| Company’s Name | 25-year-old | 35-year-old | 65-year-old |
|---|---|---|---|
| USAA | $832 | $582 | $543 |
| GEICO | $732 | $693 | $626 |
| Progressive | $937 | $703 | $665 |
| State Farm | $1,102 | $904 | $818 |
| Farmers | $1,555 | $1,215 | $1,100 |
For Females
| Company’s Name | 25-year-old | 35-year-old | 65-year-old |
|---|---|---|---|
| USAA | $777 | $591 | $539 |
| GEICO | $857 | $741 | $642 |
| Progressive | $920 | $741 | $646 |
| State Farm | $993 | $904 | $818 |
| Farmers | $1,461 | $1,226 | $1,023 |
4. By City:
Following are the cities having cheapest car insurance rates, you would be lucky if you are living in one of these:
| Rank | Name of the Cities | Average Cost |
|---|---|---|
| 1 | Anderson | $918.12 |
| 2 | Kokomo | $933.96 |
| 3 | Terre Haute | $951.12 |
| 4 | New Albany | $969.36 |
| 5 | Muncie | $974.04 |
| 6 | South Bend | $989.88 |
| 7 | Elkhart | $992.16 |
| 8 | Lafayette | $1,019.16 |
| 9 | Columbus | $1,020.12 |
| 10 | Evansville | $1,027.56 |
Summary:
Cheap car insurance companies mainly include Erie, GEICO, Progressive, Indiana Farmers, and State Farm. Others may also have some affordable rates but it totally depend upon the conditions and the coverage you choose. USAA is the cheapest for military families only.
Cheap Car Insurance Companies
Buying the car insurance policy can cost a lot. Most of you would want to go for the companies having affordable rates. In each country there are several cheap car insurance companies which are very appealing to their customers. Among these you should know who has the cheapest auto insurance? to help yourself out in making the right choice.
| Countries | Cheap Companies |
|---|---|
| USA | USAA, GEICO, State Farm |
| UK | NFU Mutual, Riaz, Privilege |
| Ireland | Chill insurance, Sheridan, Quote Devil |
| Canada | Sonnet, Intact, RSA |
| China | PingAnn, Bochk, |
| Russia | Mondial Assistance, Major Auto Trans, Autobrigador |
| Australia | Budget DIrect, Bingle, Youi |
 |
Car Insurance Policies
Prior to buying a car, you should look into the types of coverage available on a car insurance policy to protect your important asset. Normally there are six to seven types of coverage available in almost all car insurance companies:
- Liability Coverage: It is mandatory. Liability coverage helps in paying the cost of another person’s injury or damage to another person’s property caused by you.
- Uninsured Motorist Coverage: Helps you in paying the medical bills if you are hit by a driver who is not insured.
- Under-insured Motorist Coverage: If the driver who hits you is under-insured which means that the liability coverage he has does not cover your medical bills then this coverage will help you out.
- Collision Coverage: As the name indicates this coverage plays it’s role when you are hit by another vehicle or you hit any object like hydrant accidentally.
- Comprehensive Coverage: This coverage helps you pay for the repair or replacement of your car in case of any damage to it such as fire, theft, etc.
- Medical Payment Coverage: In case you and your family or other passengers, driving an insured vehicle, get injured by an accident this medical coverage will cover for your treatments including hospital bills, surgeries, x-rays, etc.
- Personal Injury Protection: This PIP is only available in some states. It covers the injuries caused by a car accident and also the consequences which follows that injury such as lost of your income, care of your child.
But other than the above mentioned types of car insurance, there is one more policy which combines all of them together with it making it a full coverage and hence the name ‘Full Coverage Auto Insurance’
What is Full Coverage Auto Insurance?
Some people may ask what is full coverage auto insurance? But there is no point of asking this question since the name indicates that once you bought his you and your vehicle will be fully protected, ideally. Having this type means you have liability insurance, which is mandatory, plus comprehensive and collision, too.
Frequently Asked Questions
For having car insurance in Indiana there are some common questions which people are worried about:
Does car insurance cover theft?
The most common query while having car insurance is ‘Does car insurance cover theft?’. The answer is Yes!, the auto insurance can cover your stolen car which is under the comprehensive coverage but the procedure may be prolong so as to avoid the fake claims.
Who has the cheapest car insurance in New Mexico?
The list of five cheapest car insurance with their average per year rates are:
- Geico = $1,061
- State Farm = $1,069
- Progressive = $1,450
- Farm Bureau Financial Service = $1,493
- Allstate = $1,735
What are the worst insurance companies?
According to customer response following are the worst for car insurance:
- Esurance property and casualty insurance company
- Nationwide
- Liberty mutual insurance companies
- Allstate
- Kemper PC companies
Which insurance company is best at paying claims?
According to J.D power claim satisfaction score USAA has full score of 5/5 but since it is limited to military families, next comes Progressive with 3/5 score in paying the claims.
Is Geico really the cheapest?
Yes, GEICO is among the cheapest because of having several discounts and it also deliver the insurance directly to the customers. It ranked 21st among all the 46 companies in the world.
Conclusion
Living in this state, getting insurances maybe expensive but you can easily get some cheap car insurances in Indiana. USAA can be the top choice option for the military families but for normal people like us Erie could be the best option as it costs only $546 a year on average.