How Much Are Car Insurance Rates in Indianapolis?
On average, Indianapolis premiums exceed Indiana's average by 7%. Who doesn't like to save money? Check out some methods to save on car insurance in Indianapolis.
CAR INSURANCE PRICES: INDIANAPOLIS VS. US/STATE AVERAGES
|City Average||State Average||National Average|
Indianapolis Auto Insurance by Gender and Marital Status
Marital status as well as gender are important considerations in determining the cost of car insurance in Indianapolis. Rates for those who are widowed are a hair cheaper than rates for those who are single, while rates for divorced individuals are more expensive. While being single (as opposed to married) doesn't significantly alter your premiums, it does cost you a bit more to insure your vehicle. Unfortunately for women, their premiums tend to be 1% more costly than for men.
INDIANAPOLIS CAR INSURANCE PREMIUMS BY GENDER AND MARITAL STATUS
|Marital Status/Gender||Average Rate|
Indianapolis Car Insurance Rates by Driver Age
The largest drop in premiums between any age group is from the teenage age range to the 20s, as drivers in Indianapolis start saving $2,456 annually. In Indianapolis, turning 60 means an increase in car insurance premiums. Up until then, progressing between age groups means decreasing prices. Everybody loves to save money, and luckily for drivers in their 50s, they do just that! They have the lowest car insurance payments among any age group, with rates of $1,055/year. However, those in their 60s ($1,075) also have relatively low premiums. Teenage drivers have the most expensive rates out of all the age groups. They pay around $4,135 on car insurance premiums.
INDIANAPOLIS AUTO INSURANCE RATES BY AGE
Indianapolis Car Insurance After an Accident or Moving Violation
Do you realize the impact an accident or violation can have on your car insurance premiums? $653 is the additional cost per year for drivers with a DUI in Indianapolis, compared to the city average of $1,217. Reckless driving will also drive your rates up, with average rates of $1,787, which are 47% higher than the city average. When comparing premiums for drivers with at-fault accidents in Indianapolis, those with damages exceeding $2,000 pay 3% more than those with damages less than $1,000.
AVERAGE INDIANAPOLIS INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Incident or Violation||Average Annual Premium|
|At-fault Accident (damages less than $1,000)||$1,732|
|At-fault Accident (damages greater than $2,000)||$1,786|
|Speeding Ticket (16-20 mph over speed limit)||$1,476|
Indianapolis Car Insurance by Credit Level
Improving your credit can save you a good bundle of money. Those in the bottom credit tier (300-579) pay an average of almost twice as much for car insurance than those in the top credit tier (800-850). The most notable benefit of better credit comes from boosting from Very Poor (300-579) to Fair (580-669), by which drivers can save an average of $235 per year.
INDIANAPOLIS AUTO INSURANCE RATES BY CREDIT LEVEL
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 & decreased visibility.
And that's not the worst of it. Each year there are more than 700,000 weather-related car accidents. 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. You can check on the condition of the roads anytime here.
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
Car Insurance Companies in Indianapolis
Find Local Indianapolis Agents
DeFrantz Ins & Realty Agcy Inc
7780 N. Michigan Road Indianapolis, IN 46268
Rural Insurance Agency Inc
225 S East St Indianapolis, IN 46202
Insurance Partners Inc
2450 S. Tibbs Ave. Indianapolis, IN 46241
M J Schuetz Insurance Services
55 Monument Circle Indianapolis, IN 46204
Williams & Associates Insurance
215 Terrace Avenue Suite B Indianapolis, IN 46225
Sagamore Insurance Company
1099 N Meridian St Indianapolis, IN 46204
Wells Fargo Insurance Services
300 N. Meridian St. Indianapolis, IN 46220
Merritt Hall Insurance
2421 Production Drive Indianapolis, IN 46242
Fox and Fox, Inc.
3815 River Crossing Parkway Indianapolis, IN 46240
Burns Insurance Agency
1433 N. Meridian St., Ste 205 Indianapolis, IN 46202
Gregory & Appel, Inc.
1402 N Capitol Ave Ste 400 Indianapolis, IN 46202
Walker & Associates Insurance
7364 E. Washington St Indianapolis, IN 46219
Redding-Troy Insurance Agency
7740 E 88th St #100 Indianapolis, IN 46256
7212 N. Shadeland Ave. Indianapolis, IN 46250
Cliff Johnson Insurance Agency
3902 N. College Ave. Indianapolis, IN 46205
6329 Hollister Drive Indianapolis, IN 46224
Underwriters Alliance of Indiana, Inc.
429 N. Pennsylvania St., Suite 202 Indianapolis, IN 46204
CoLiance Risk Advisors, LLC
429 N Pennsylvania St #202 Indianapolis, IN 46204
The Alliance Insurance Group, Inc.
4912 W 16th St Indianapolis, IN 46224
McGowan Insurance Group, Inc.
355 Indiana Ave Indianapolis, IN 46204
Associated Insurance Group of Indiana
7799 Michigan Rd. Indianapolis, IN 46268
RMIA Inc. dba Risk Manager Insurance Agency
9119 Otis Avenue Indianapolis, IN 46216
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