How much does auto insurance cost in Indianapolis?
Car insurance costs an average of $1,284 per year in Indianapolis. That's greater than than the average in Indiana ($1,165) and less expensive than the national average of $1,548. Keep reading to learn more about how much you can expect to pay based on your marital status, age, credit score, and other factors in Indianapolis.
CAR INSURANCE RATES IN INDIANAPOLIS
|Indianapolis Average (annual)||Indiana Average||National Average|
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Indianapolis car insurance rates by company
The company-by-company differences in car insurance rates can be substantial, so it's important to compare quotes thoroughly and choose your insurer carefully. For a typical driver, Erie offers Indianapolis's most affordable premiums. See below the best options for affordable auto insurance in Indianapolis. Don't forget to get car insurance quotes based on your driving profile.
INDIANAPOLIS CAR INSURANCE RATES BY COMPANY
|Insurer||Average Yearly Rate|
|Indiana Farm Bureau||$1,391|
Indianapolis car insurance premiums by age
The age group that pays the least for car insurance in Indianapolis are drivers in their 50s ($1,101per year). Those in their 60s don't pay significantly more ($1,145).
Teenage drivers pay Indianapolis's most expensive auto insurance rates. When drivers hit their 20s in Indianapolis and move out of the teenage age bracket, they reduce their premiums substantially. The cost differential between the auto insurance rates paid by teenage drivers and drivers in their 20s in Indianapolis is $2,677, the largest such difference between any two age groups.
INDIANAPOLIS AUTO INSURANCE PREMIUMS BY DRIVER AGE
|Age||Average Annual Rate|
Indianapolis car insurance rates by gender and marital status
In some cases, a driver's gender and marital status may influence the car insurance rates they pay. In Indianapolis, married drivers pay $64 less than single drivers for car insurance. Married drivers enjoy less expensive rates than their single counterparts in most locations, based on data showing they file fewer insurance claims. Rates for those who are widowed are also much cheaper than rates for those who are single. In Indianapolis, insurance rates for those who are widowed are less expensive than rates for those who are single.
Gender is another factor that can affect auto insurance rates. In Indianapolis, the gap in car insurance rates between genders is $33 per year, with male drivers paying more than female drivers.
INSURANCE RATES IN INDIANAPOLIS BY MARITAL STATUS AND GENDER
|Marital Status/Gender||Average Yearly Rate|
Indianapolis auto insurance rates by citation and accident history
If you want to keep your car insurance costs reasonable, keep your driving record clean. Speeding tickets, reckless driving citations, DUIs and DWIs, and at-fault accidents all can trigger insurance rate hikes.
Two of the most costly citations to receive are DUI and reckless driving. Indianapolis drivers found guilty of reckless driving face insurance rate increases of $604 per year, compared to the citywide average. A DUI violation may lead to a $538 increase, while a citation for speeding leads to a $359 rate hike.
AVERAGE INDIANAPOLIS INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Citation||Average Annual Rate|
|At-fault Accident (damages less than $1,000)||$1,708|
|At-fault Accident (damages greater than $2,000)||$1,837|
|Speeding Ticket (16-20 mph over speed limit)||$1,643|
Indianapolis car insurance rates by credit tier
An important insurance rating factor is credit. Drivers with checkered credit histories typically face higher car insurance rates than do drivers with good credit. Indianapolis drivers who improve their credit score from "Very Poor" (300-579) to "Exceptional" (800-850) can save as much as 60% on their auto insurance premiums. Moving from "Very Poor" to "Fair" credit is a great way to save money on car insurance. In Indianapolis, improving your credit to "Fair" could help you earn $1,060 in savings on insurance premiums each year.
INDIANAPOLIS CAR INSURANCE RATES BY CREDIT LEVEL
|Credit Tier||Average Rate (annual)|
What drives up car insurance rates in Indianapolis?
Where you live in Indianapolis affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by ZIP code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately Indianapolis is no exception to the rule. From ZIP code 46290 to 46205, premiums rise by 18 percent—that’s $167.
Expensive Indianapolis ZIP codes: 46222, 46201, 46218, 46208, 46205
Cheap Indianapolis ZIP codes: 46290, 46280, 46259, 46237, 46250
Indianapolis Driving Conditions
Inclement weather goes hand in hand with wet brakes, slick roads, and decreased visibility.
And that's not the worst of it. More than 700,000 weather-related car accidents occur each year. In Indianapolis, you can expect 129 rainy days with an annual rainfall of 42.4 inches. Indianapolis is also known to experience severe winter storms.
Rainy Days a Year
Avg. Annual Rainfall
Avg. Annual Snowfall
Be Prepared For
Driving in Indy
Major HighwaysI-65 U.S. 31 U.S. 36
Toll RoadsIndiana Toll Road
Find Local Indianapolis Agents
Associated Insurance Group of Indiana
7799 Michigan Rd., Indianapolis, IN 46268
Walker & Associates Insurance
7364 E. Washington St, Indianapolis, IN 46219
7212 N. Shadeland Ave. Suite 201, Indianapolis, IN 46250
Williams & Associates Insurance
215 Terrace Avenue Suite B, Indianapolis, IN 46225
M J Schuetz Insurance Services
55 Monument Circle Suite 500, Indianapolis, IN 46204
Gregory & Appel, Inc.
1402 N Capitol Ave Ste 400, Indianapolis, IN 46202
DeFrantz Ins & Realty Agcy Inc
7780 N. Michigan Road Suite C, Indianapolis, IN 46268
6329 Hollister Drive, Indianapolis, IN 46224
Merritt Hall Insurance
2421 Production Drive Ste 203, Indianapolis, IN 46242
Sagamore Insurance Company
1099 N Meridian St, Indianapolis, IN 46204
Wells Fargo Insurance Services
300 N. Meridian St., Indianapolis, IN 46220
Insurance Partners Inc
2450 S. Tibbs Ave., Indianapolis, IN 46241
Burns Insurance Agency
1433 N. Meridian St., Ste 205, Indianapolis, IN 46202
CoLiance Risk Advisors, LLC
429 N Pennsylvania St #202, Indianapolis, IN 46204
Fox and Fox, Inc.
3815 River Crossing Parkway Suite 100, Indianapolis, IN 46240
McGowan Insurance Group, Inc.
355 Indiana Ave Suite 200, Indianapolis, IN 46204
Underwriters Alliance of Indiana, Inc.
429 N. Pennsylvania St., Suite 202, Indianapolis, IN 46204
Rural Insurance Agency Inc
225 S East St, Indianapolis, IN 46202
The Alliance Insurance Group, Inc.
4912 W 16th St, Indianapolis, IN 46224
RMIA Inc. dba Risk Manager Insurance Agency
9119 Otis Avenue, Indianapolis, IN 46216
Cliff Johnson Insurance Agency
3902 N. College Ave., Indianapolis, IN 46205
Redding-Troy Insurance Agency
7740 E 88th St #100, Indianapolis, IN 46256
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