GEICO, Auto-Owners, Progressive and Travelers are Indiana’s best car insurance companies in 2024. This evaluation is based on a comprehensive analysis of the insurers’ annual car insurance rates, financial strength ratings and customer satisfaction scores.
Use our guide to find the best insurance company for your needs and budget. We’ll help you understand your options in Indiana so you can make a confident decision.
Our take
GEICO is the top choice for car insurance in Indiana. Its high financial rating of A++ from AM Best and competitive rates make it an excellent option for affordable and comprehensive coverage.
GEICO’s average car insurance cost is $1,192 a year. It has a J.D. Power score of 651/1,000 and an overall rating of 4.79 out of 5.
CarInsurance.com found that GEICO offers the lowest average car insurance premiums at $1,192 per year.
Check out our experts recommendations for the best car insurance coverage
What are the best car insurance companies in Indiana?
When it comes to finding the right car insurance, Indiana drivers have many top-rated companies to choose from. Whether you’re looking for the best overall experience, the most affordable rates or exceptional customer service, there’s an insurer that meets your needs.
Here’s a breakdown of the best auto insurance companies in Indiana by category.
| Category | Company |
|---|---|
| Best for adults | GEICO |
| Best for seniors | GEICO |
| Best for teen | GEICO |
| Best for young adults | GEICO |
| Best overall | GEICO |
| Highest customer satisfaction | Indiana Farm Bureau |
Compare the best auto insurance companies in Indiana
Comparing car insurance companies in Indiana is important because it helps you find the best coverage at the most affordable price. Insurance companies offer different rates and benefits, so by shopping around, you can choose a policy that fits your needs and budget.
To assist you, we’ve thoroughly reviewed the top insurers in the state. Find below the list of the best auto insurance providers in Indiana.
| Company | Annual cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| GEICO | $1,192 | A++ | 651 | 0.60 | 4.79 |
| Auto-Owners | $1,901 | A+ | 654 | 0.44 | 4.40 |
| Progressive | $1,486 | A+ | 634 | 0.60 | 4.33 |
| Travelers | $1,457 | A++ | 596 | 0.63 | 3.97 |
| Indiana Farm Bureau | $2,782 | A | 660 | 0.55 | 3.77 |
| Allstate | $2,679 | A+ | 634 | 1.20 | 3.20 |
| Farmers | $2,440 | A | 623 | 1.24 | 3.11 |
| USAA | $911 | A++ | 728 | 1.16 | 4.55 |
Best car insurance companies by age group in Indiana
As drivers age, their needs, driving habits and risk profiles change, influencing their car insurance rates and the types of coverage they need. Understanding which car insurance company caters best to your needs helps you make more informed decisions, potentially leading to better coverage and cost savings.
Select your age group and coverage level below to see the list of best car insurance companies and their annual average rates.
- Full coverage: 100/300/100 liability with $500 comprehensive/collision deductible
- Liability only: 50/100/50 liability only
- State minimum: State minimum coverage
Check out our detailed guide on average car insurance rates by age group
Best for teen drivers in Indiana
Teen drivers typically face higher insurance premiums due to their higher risk and lack of driving experience. It’s important to find insurance companies that offer competitive insurance rates and provide benefits for teen drivers, such as good student discounts, driver training discounts and accident forgiveness.
GEICO is an excellent choice for teen drivers looking to save on premiums. It offers car insurance at $4,692 annually.
To find the best car insurance companies for teen drivers, we considered various parameters to ensure a detailed analysis. Each company’s score is based on a weighted analysis of four key factors:
- The average annual full-coverage car insurance cost (25%)
- J.D. Power score (30%)
- AM Best rating (25%)
- NAIC rating (20%)
Each factor is assigned a certain percentage weight based on the companies’ performance in each category.
According to our analysis, these are the top picks for teens aged 16-19 in Indiana:
| Company | Annual cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| GEICO | $4,692 | A++ | 651 | 0.60 | 4.79 |
| Auto-Owners | $5,283 | A+ | 654 | 0.44 | 4.71 |
| Progressive | $5,018 | A+ | 634 | 0.60 | 4.44 |
| Indiana Farm Bureau | $8,102 | A | 660 | 0.55 | 4.01 |
| Travelers | $5,450 | A++ | 596 | 0.63 | 3.97 |
| Allstate | $7,189 | A+ | 634 | 1.20 | 3.58 |
| Farmers | $9,179 | A | 623 | 1.24 | 2.90 |
| USAA | $2,964 | A++ | 728 | 1.16 | 4.55 |
Best for young adults in Indiana
Young drivers often face higher premiums due to their perceived risk, making it important to find the right insurance company. Based on an analysis by the National Safety Council, 7,300 drivers were involved in fatal crashes for the age group 20-24, accounting for 11.2% of the total drivers in such incidents.
Companies like GEICO and Auto-Owners offer affordable rates for those aged 20-24 in Indiana.
To determine the best car insurance companies for young adults in 2024, we analyzed four key factors: average annual full coverage cost (25%), J.D. Power score (30%), AM Best rating (25%) and NAIC rating (20%). Each factor was given a specific percentage weight to calculate the overall performance.
| Company | Annual cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| GEICO | $1,837 | A++ | 651 | 0.60 | 4.79 |
| Auto-Owners | $3,111 | A+ | 654 | 0.44 | 4.41 |
| Progressive | $2,696 | A+ | 634 | 0.60 | 4.22 |
| Travelers | $2,423 | A++ | 596 | 0.63 | 3.94 |
| Indiana Farm Bureau | $4,780 | A | 660 | 0.55 | 3.77 |
| Allstate | $4,098 | A+ | 634 | 1.20 | 3.37 |
| Farmers | $4,111 | A | 623 | 1.24 | 3.13 |
| USAA | $1,476 | A++ | 728 | 1.16 | 4.55 |
Best for adult drivers in Indiana
For those aged 25 to 60, choosing car insurance means weighing factors such as coverage options, customer service and premium costs. These factors are important in finding the best insurer.
GEICO is the best car insurance company in Indiana for adult drivers. It offers full coverage insurance at an average cost of $1,194 a year and has an overall rating of 4.79, higher among the companies analyzed.
We have evaluated and curated a list of the best car insurance companies for adult drivers based on four key factors: average annual full coverage car insurance cost in Indiana (25%), J.D. Power score (30%), AM Best rating (25%), and NAIC rating (20%).
Experienced drivers are usually seen as less risky than younger drivers because they have more experience on the road and as a result, they often pay lower insurance premiums.
Find below the list of the best car insurance companies in Indiana and their average annual premiums for adult drivers aged 25-60.
| Company | Annual cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| GEICO | $1,194 | A++ | 651 | 0.60 | 4.79 |
| Auto-Owners | $1,920 | A+ | 654 | 0.44 | 4.38 |
| Progressive | $1,508 | A+ | 634 | 0.60 | 4.31 |
| Travelers | $1,496 | A++ | 596 | 0.63 | 3.94 |
| Indiana Farm Bureau | $2,628 | A | 660 | 0.55 | 3.85 |
| Farmers | $2,317 | A | 623 | 1.24 | 3.18 |
| Allstate | $2,757 | A+ | 634 | 1.20 | 3.14 |
| USAA | $924 | A++ | 728 | 1.16 | 4.55 |
Best for senior drivers in Indiana
GEICO offers the lowest car insurance premiums at $1,101 a year, making it an affordable choice for senior drivers.
Insurance rates tend to increase for drivers around age 70 and older. This rise is due to insurers’ perception of increased risk associated with aging. Factors like slower reflexes, poor eyesight and a higher likelihood of health issues that could affect driving ability contribute to this perception. As a result, seniors may see their premiums increase, despite having years of driving experience and possibly a long history of safe driving.
Determining the best car insurance companies for senior drivers requires a comprehensive analysis of several factors. Each insurer’s overall score is derived from a weighted analysis of four important factors: the average annual cost of full-coverage car insurance (25%), the J.D. Power score (30%), the AM Best rating (25%) and the NAIC rating (20%).
The best auto insurance companies in Indiana are listed below for senior drivers aged 65-75.
| Company | Annual cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| GEICO | $1,101 | A++ | 651 | 0.60 | 4.79 |
| Auto-Owners | $1,924 | A+ | 654 | 0.44 | 4.32 |
| Progressive | $1,610 | A+ | 634 | 0.60 | 4.18 |
| Travelers | $1,536 | A++ | 596 | 0.63 | 3.86 |
| Indiana Farm Bureau | $2,559 | A | 660 | 0.55 | 3.83 |
| Farmers | $2,265 | A | 623 | 1.24 | 3.15 |
| Allstate | $2,653 | A+ | 634 | 1.20 | 3.14 |
| USAA | $973 | A++ | 728 | 1.16 | 4.55 |
Learn more about how to shop for car insurance for seniors
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How do I choose the best insurance company based on my driver profile in Indiana?
Choosing the right insurance company is largely determined by your driver profile. Here’s how to find the best insurer to suit your specific needs:
For budget-conscious drivers in Indiana
Look for car insurance companies that offer discounts, including safe driver, multi-policy and automatic payment discounts, to reduce your premiums. And you can opt to pay your premiums monthly, semi-annually or annually.
Find the best insurance companies and their annual rates for different coverage levels listed below in Indiana.
| Company | State-minimum | Liability-only | Full coverage |
|---|---|---|---|
| GEICO | $312 | $344 | $1,192 |
| Travelers | $435 | $464 | $1,457 |
| Progressive | $458 | $485 | $1,486 |
| Auto-Owners | $478 | $516 | $1,901 |
| Indiana Farmers Insurance | $512 | $572 | $2,203 |
| Farmers | $1,196 | $1,279 | $2,440 |
| Allstate | $769 | $818 | $2,679 |
| Indiana Farm Bureau | $749 | $843 | $2,782 |
| USAA | $241 | $259 | $911 |
Notes:
- Full coverage car insurance limit is 100/300/100 with a $500 deductible.
- Liability-only car insurance limit is 50/100/50.
- State minimum car insurance is 25/50/25.
For high-risk drivers in Indiana
High-risk drivers, such as those with multiple traffic violations or DUIs, should seek insurers specializing in high-risk policies. Work on improving your driving record. Attend defensive driving courses or consider driving a safer, less risky vehicle. These changes can help lower your rates over time.
High-risk status isn’t forever. Work toward earning a clean driving record, improving your risk profile and comparing insurance quotes to find better rates.
| Company | Six-month cost | Annual cost |
|---|---|---|
| Allstate | $1,925 | $3,850 |
| Auto-Owners | $1,610 | $3,220 |
| Farmers | $1,817 | $3,634 |
| GEICO | $1,394 | $2,787 |
| Indiana Farm Bureau | $2,146 | $4,291 |
| Indiana Farmers Insurance | $1,716 | $3,431 |
| Progressive | $1,061 | $2,122 |
| Travelers | $1,099 | $2,197 |
| USAA | $700 | $1,399 |
By thoroughly researching and understanding their specific driver profiles, high-risk drivers can find an insurance company that meets their needs and offers the best value.
In conversation with experts
CarInsurance.com editors interviewed James Brau, Joel C. Peterson, professor of finance at Brigham Young University. See his responses below.
How important is customer service when deciding the right car insurance company?
Customer service is critical – it should be one of the top factors consumers consider. All else equal, meaning similar premiums, coverage, riders, etc., customer service is often the deciding factor. If a customer gets to speak to a cheerful human without 10 minutes of robot phone trees, especially when stressed out after a wreck or theft, it makes life a lot better.
What are the key factors that consumers should consider when selecting a car insurance company in their state?
Customers should do research pertaining to coverage, premiums, reputation, how many stars on reviews, etc. Make sure to compare apples to apples – that you’re getting the same coverage amounts, for example. Shop around – competition helps the consumer.
How often should policyholders review and adjust their car insurance policies?
Every six months is a good rule of thumb because most people pay in semi-annual installments. If you keep your company on its toes, they are more likely to stay competitive and offer special pricing, deals, incentives, etc.
Frequently asked questions
What is the average cost of car insurance in Indiana?
The average annual cost of car insurance in Indiana is $1,894 . This rate can vary depending on factors such as the driver’s age, driving history and coverage limits
How much car insurance coverage do I need in Indiana?
When assessing your car insurance needs in Indiana, consider the state’s legal requirements. Typically, the minimum coverage required in Indiana consists of $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $25,000 in property damage liability.
If you have valuable assets to safeguard, it’s wise to go beyond Indiana’s minimum requirements and opt for higher liability limits. Experts suggest getting full coverage car insurance with limits of 100/300/100 and a $500 deductible for collision/comprehensive.
Here’s what it means:
- $100,000 in bodily injury liability per person pays for injuries you cause to others in an accident.
- $300,000 in bodily injury liability per accident will cover injuries per accident, covering costs if multiple people are injured.
- $100,000 in property damage liability per accident covers damage you cause to another driver’s property in an at-fault accident.
Opting for higher limits is advisable as they provide increased protection against financial losses. When choosing coverage limits, also take into account your driving habits, the value of your vehicle and your finances.
Which company has the best car insurance rates in Indiana?
CarInsurance.com’s analysis shows that GEICO offers the lowest car insurance rates for Indiana drivers, with an average premium of $99 per month or $1,192 per year.
Resources & Methodology
Sources
- Insurance Institute for Highway Safety. “Fatality Facts 2022 Teenagers.” Accessed March 2026.
- Centers for Disease Control and Prevention. “Risk Factors for Teen Drivers.” Accessed March 2026.
- National Safety Council. “Age of Driver.” Accessed March 2026.
Methodology
CarInsurance.com evaluated auto insurers on a 0.5-to-5 star scale using a data-driven methodology to simplify your buying decision. We calculated scores using J.D. Power customer satisfaction (30%), AM Best financial strength (25%), state-level annual premiums (25%), and NAIC complaint index (20%).
Each insurer was awarded between 0.5 and 5 stars. No company in the ranking received less than one star in any category, and 5 stars was the highest any insurer could receive.
Note: USAA is only available to military community members and their families.
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