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Last updated on May 18, 2020

The Best Indiana Car Insurance Company

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To select the best Indiana car insurance companies, we analyzed factors such as overall customer satisfaction, standard and optional coverage, available discounts, premiums, and more. We also looked at J.D. Power ratings, BBB data, and A.M Best financial strength ratings. 

We ranked Erie Insurance as the best car insurance company in Indiana due to its high ratings from independent parties and excellent customer support. We also added our top picks evaluated and reviewed below.

The 5 Best Car Insurance Companies in Indiana

 ErieUSAAAuto-Owners InsuranceGEICOState Farm
 Our reviewOur reviewOur reviewOur reviewOur review
A.M Best Financial Strength RatingA+A++A++A++A++
J.D. Power 2019 Overall Customer Satisfaction Score(North Central Region)5/55/53/53/54/5
Avg. Annual Premium$499$374$707$488$551
 Compare ratesCompare ratesCompare ratesCompare ratesCompare rates

Quadrant car insurance rate data as of 07/01/2019

Erie Insurance


Best Indiana Car Insurance
ERIE Insurance
ERIE Insurance


Pros

  • Highly rated for consumer satisfaction on J.D. Power 
  • Unique coverage options

Cons

  • No mobile app
  • Can’t file claims online

Erie Insurance tops our list because of its great plans with unique options (such as pet coverage), and a powerful local presence of over 13,000 agents in the Indiana community. It’s also one of the best-rated companies for overall customer satisfaction in the North Central region, according to J.D. Power. 

USAA


Best Indiana Car Insurance
USAA

Pros

Cons

  • Only available to former and active military members, veterans, and their families

USAA’s low premiums and flexible choices make it an excellent choice for those eligible for coverage. It also focuses on convenience, bundling multiple services under one roof such as auto, finance and passenger protection insurance,  and giving its customers the freedom to manage their coverage on the go with a dedicated mobile app.

Auto-Owners Insurance


Best Indiana Car Insurance
Auto-Owners Insurance
Auto-Owners Insurance


Pros

Cons

  • Higher premiums

Auto-Owners Insurance is the most expensive provider on this list, but it makes up for this by offering several unique discounts such as the multi-policy discount to those who have more than one auto policy and add-ons to help save money long term. Its Personal Automobile Plus Package, for instance, includes 10 additional coverages for one price.

GEICO


Best Indiana Car Insurance
Geico

Pros

  • Features low rates and great discounts
  • Rated 5/5 stars for policy offerings by J.D. Power
  • Mechanical Breakdown Insurance

Cons

  • Limited network of local agents in Indiana
  • No gap insurance offered

GEICO offers no-frills, affordable policies with ample opportunities for further discounts or policy add-ons that cover repairs after manufacturer warranties expire. And if you have teen drivers, GEICO makes it simple to move them to their own policy in the future. 

State Farm


Best Indiana Car Insurance
State Farm
State Farm


Pros

  • Offers more than one policy for the family car, with teens in mind
  • Safe-driver discounts of up to 30% available

Cons

  • Mixed consumer reviews
  • Missing common add-ons like new car replacement

State Farm has policies for everyone in the family, even teen drivers, and offers a multitude of ways to save as much as 30% on car insurance such as the accident-free discount which rewards drivers who have not had an accident during three years, and even good student discount for those students who maintain their grades.

The Cheapest Car Insurance Companies in Indiana

Largest Companies by Market Share in IndianaAverage Annual Premium 
USAA$374
Pekin Insurance$404
Geico$488
Erie Insurance$499
State Farm$551
Progressive$634
Auto-Owners Insurance$707
Indiana Farmers Insurance$739
Farmers Insurance$755
Encompass$782
Nationwide$794
UFB Casualty Insurance$809
Motorists Mutual$922
Grange Trustgard Insurance$937
Hastings Mutual Insurance$940
Safe Auto Insurance$1,092
Westfield Insurance$1,124
Metropolitan Insurance$1,367
Allstate$1,378
The Hanover$1,870

Car Insurance by Credit Rating

Credit Rating tierAverage Annual Premium 
Poor$1,467
Below Fair$1,215
Fair$1,009
Average$912
Good$832
Excellent$685
Average Across Credit Rating Tiers$1,020

Top 3 Cheapest Car Insurance Companies in Indiana

  • USAA – $374
  • Pekin Insurance – $404
  • GEICO – $488

Top 3 Most Expensive Car Insurance Companies in Indiana

  • The Hanover – $1,870
  • Allstate – $1,378
  • Metropolitan Insurance – $1,367

The cheapest car insurance company in Indiana is USAA, with an average annual premium of $374, while the most expensive one is The Hanover, with an average annual insurance premium of $1,870. We used general profiles to obtain our rates, so be sure to request personalized quotes to determine which carrier offers you the best value.

Guide to Indiana Car Insurance

  • In Indiana, the person responsible for the accident must foot the medical bill.
  • Insurers can only cancel or refuse to renew policies for specific reasons
  • Minimum coverage requirements are 25/50/25, plus underinsured motorist bodily injury coverage of $50,000
  • Indiana Auto Insurance Plan available for people who are denied coverage

Indiana Minimum Liability

Liability represents “responsibility,” and determines up to what amounts your insurer will pay in a car crash. The minimum liability requirements in Indiana are:

  • Bodily injury: $25,000 per person and $50,000 per accident
  • Property damage: $25,000 per accident
  • Uninsured motorist injury: $50,000 per accident

While these are the minimums, consider purchasing the most comprehensive coverage fitting within your budget. You’ll have to pay out of pocket for anything exceeding your policy limits.

How We Found the Average Premium for Indiana Car Insurance Companies

We worked with Quadrant Information Services to provide data on auto insurance rates by company and credit score. Quadrant makes this information available using rate data that insurers are required to file with the state Department of Insurance. Rates are based on sample profiles created by Reviews.com for comparative purposes. 

Indiana Car Insurance Companies FAQ

About the Authors

Lorraine Roberte

Lorraine Roberte Contributing Writer

Lorraine Roberte is a South Florida-based personal finance writer. Her work has been published on sites such as Thrive Global, Elephant Journal, Red Tricycle and Tweak Your Biz.