Cheap Car Insurance Rates in Indiana (2023)

Compare Auto Insurance Rates in Indiana

Published: Feb 21, 2019 | Updated: Jan 26, 2023

Indiana Auto Insurance

Do you know what kind of auto insurance requirements and rates Indiana has? If you don't, you're not alone. But you want to find good, cheap auto insurance in Indiana and that's easier to do if you know more about what's required. Here's what you really need to know about Indiana driving laws and auto insurance so you can be prepared and get the right policy for your needs.

Car Insurance Requirements in Indiana

There are Indiana minimum auto insurance requirements that all drivers have to meet. Currently, these are:

$25,000 worth of bodily injury or death coverage per person
$50,000 worth of bodily injury or death coverage per accident
$25,000 worth of property damage coverage

Uninsured/underinsured motorists coverage is also required, and every driver in the state must have that at the same level as the bodily injury coverage. That way they are protected from financial problems if another driver hits them and doesn't have insurance. Indiana car insurance laws don't require drivers to have collision or comprehensive insurance. However, many drivers choose to have these anyway.

Is Indiana a No-Fault State?

Like a number of other locations, Indiana is a fault state. That means a driver who causes an accident that harms other people or their property must compensate the people who were harmed by their actions.

<zipcode>Find The Cheapest Auto Insurance In Indiana:</zipcode>

Car Insurance Prices in Indiana

Car insurance prices in Indiana start around $823 per year for liability only, and rise to nearly $1,886 per year for full coverage insurance. The average for annual premiums in the state is $1,355. If you're between the ages of 35 and 75 you'll likely get the best rates. Those rates will rise as you age, and they'll be the highest when you're a teenager. Premiums for teen drivers can easily be more than $2,000 per year.

<qa>1;Car Insurance for Young Drivers, New Drivers and Teen Drivers;The idea of affordable car insurance for 16 - 18 year olds in Indiana isn't a complete myth, but it's not always easy to find, either. Fortunately there are discount programs through some insurance companies and there are also different rates depending on the policy and carrier. Shopping around can be very valuable.</qa>

<qa>2;Car Insurance for Students (18 - 24 year olds) in Indiana;As a college student moves into their early 20s their rates will come down. They may still pay high rates at 18, but by 22 they will be paying considerably less. At 24 they will see a big drop in their insurance premiums.</qa>

<qa>3;Car Insurance for 24+ Year Olds in Indiana;After age 24, auto insurance rates level out and even start to drop. Drivers throughout the rest of their adult life will generally pay around the average Indiana rate of $1,355 annually.</qa>

<qa>4;Car Insurance for 55 (and Over) in Indiana;Age 55 is a great time for car insurance, because it's typically the age with the lowest premiums. From that point on the premiums will start to increase, but that increase will be slow and gradual. In very old age premiums may rise faster, but they shouldn't be as high as they were during the teenage years.</qa>

<qa>5;Car Insurance for Veterans in Indiana;There are Indiana car insurance companies that will offer discounts to veterans, and anyone interested in finding those discounts should check with their agent. They may need to shop around to find the best deal.</qa>

Age	Most Popular Vehicle	Gender	Most Common City
18 - 24	Chevrolet	Male - 51% \| Female - 49%	Indianapolis
25 - 54	Chevrolet	Male - 44% \| Female - 56%	Indianapolis
55 - 64	Chevrolet	Male - 41% \| Female - 59%	Indianapolis
65 +	Chevrolet	Male - 42% \| Female - 58%	Indianapolis

* This information is based on Pretected.com users.

Auto Insurance for Good Drivers

When a driver has a good record without tickets or accidents, insurance companies want to make things easier for them. They give discounts to good drivers, because those drivers pose far less financial risk to the insurance company overall.

Auto Insurance for Bad Drivers

Bad drivers aren't going to see as many financial breaks on their insurance, but that doesn't mean they're bad people. They just made some errors behind the wheel. Their driving records generally have tickets, accidents, or even a DUI on them, and that means insurance companies see them as higher risk and charge them higher rates. But not all companies are equal, and some may still be quite a bit less expensive than others.

Traffic Violations and Fines in Indiana

Speeding Ticket Cost in Indiana

Since speeding tickets are handled by counties, there's no set cost for them across the state. But expect them to cost hundreds of dollars in fees and fines. Drivers who get them could also see points on their license, especially if they are convicted of reckless driving in Indiana. Those extra license points add up quickly, and also mean higher insurance rates, too.

Driving While High Laws in Indiana

DUI laws are strict in Indiana, and they include driving under the influence of drugs as well as alcohol. For someone with medical marijuana, for example, driving while high is still illegal and can result in numerous fines and penalties.

Driving Without Car Insurance in Indiana

It's not legal to drive in Indiana without insurance on your car. People who are caught doing that can be fined, and they can have their registration and their license suspended, too. How severe the penalty is depends on whether it's the first time a driver has been found not to have insurance. Penalties get harsher for continued infractions.

Texting and Driving in Indiana

Distracted driving means more than texting behind the wheel, although that's definitely a distraction that should be avoided. Other cell phone use while driving is also distracting, as is drinking and eating while driving or even arguing with a passenger. Not all of these things are illegal, but they can all cause accidents.

<twitter>You cannot have your lights on when driving down Main St. in Evansville.</twitter>

Indiana Car Accidents

There were 188,132 car accidents in Indiana in 2011 that caused injury or property damage. This was a decrease of 2.5 percent from the year before. There were 749 fatalities as a result of the accidents, and according to car accident statistics more of the accidents occurred in urban areas as opposed to more rural locations.

Reasons for Car Accidents in Indiana

The major reasons for car accidents were failure to yield and tailgating or following to closely. Driving too fast for conditions and backing up in an unsafe manner also contributed to these accidents in high numbers.

Car Accident Statistics by Vehicle Type in Indiana

Most Indiana car accidents were between passenger cars, with SUVs and trucks making up a smaller percentage of the collisions. Motorcycles and other types of vehicles accounted for under five percent of the total accidents, but did contribute more in cities than they did in rural areas.

Car Accidents in Indiana - More Facts

On average, intersections and four-way junctions were frequent places for traffic crashes. Younger drivers had high crash numbers, and despite laws against DUI there were a number of impaired drivers who caused problems on the Indiana roadways.

Bonus: Most Weird, Funny and Ridiculous Traffic Laws in Indiana

Horses cannot travel over 10 mph, but it's not legal to pass one. You're just stuck there.
Look for pedestrians crossing the street at night, as the law forbids them from wearing taillights.

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