How Much Does Car Insurance Cost in Indianapolis?
Indianapolis premiums exceed the state average by 7%, which is why the city is known for its costly premiums. We've analyzed how car insurance rates in Indianapolis compare to costs nationwide.
AUTO INSURANCE COSTS: INDIANAPOLIS VS. US/STATE MEAN
|City Average||State Average||National Average|
Indianapolis Auto Insurance by Credit Rating
Improving your credit can save you a good amount of money. Those in the bottom credit tier (300-579) usually pay almost twice as much on premiums than those in the top credit tier (800-850). In terms of percent change, shifting from Good (670-739) to Very Good (740-799) has the largest positive impact on premiums, as it saves drivers nearly 16% per year.
INDIANAPOLIS CAR INSURANCE RATES BY CREDIT TIER
|Credit Score||Average Rate|
Indianapolis Car Insurance for Drivers With At-Fault Accidents or Violations
Previous accidents and violations can cost you in terms of prices on car insurance. Generally, a DUI in Indianapolis will cost you 54% more in car insurance premiums versus the city average ($1,217). Reckless driving will also drive your premiums up, with typical rates of $1,787. That is 47% higher than the city average. The value of the damage caused by an accident plays a part in how significantly insurance rates will increase. Compared to at-fault accidents with damages less than $1,000, accidents with damages exceeding $2,000 cost you an additional 3% per year in premiums.
AVERAGE INDIANAPOLIS INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Incident or Violation||Average Insurance Rate|
|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 Rates by Driver Age
The greatest fall in premiums for Indianapolis drivers happens when they reach their 20s. Once out of the teenage age range, they reduce their premiums by $2,456. Insurance rates for drivers in Indianapolis continue to decrease through their 50s, but they can expect an increase when they hit 60. At $1,055, drivers in their 50s have the lowest car insurance rates among any age group. Those in their 60s ($1,075) have premiums that aren't much higher. Teenage drivers have the highest rates of any age group. They have car insurance payments that average $4,135.
INDIANAPOLIS AUTO INSURANCE PREMIUMS BY DRIVER AGE
Indianapolis Car Insurance by Marital Status and Gender
In Indianapolis, both marital status and gender can influence your auto insurance premiums. Rates for those who are divorced are a hair more expensive than rates for those who are single, while rates for widowed individuals are cheaper. While being married (as opposed to single) doesn't drastically affect your premiums, it does save you a bit of money. Males have premiums that are a mere 1% cheaper than those for females.
INDIANAPOLIS AUTO INSURANCE RATES BY GENDER AND MARITAL STATUS
|Marital Status/Gender||Average Rate|
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
Williams & Associates Insurance
215 Terrace Avenue Suite B Indianapolis, IN 46225
M J Schuetz Insurance Services
55 Monument Circle Indianapolis, IN 46204
Sagamore Insurance Company
1099 N Meridian St Indianapolis, IN 46204
RMIA Inc. dba Risk Manager Insurance Agency
9119 Otis Avenue Indianapolis, IN 46216
McGowan Insurance Group, Inc.
355 Indiana Ave 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
Insurance Partners Inc
2450 S. Tibbs Ave. Indianapolis, IN 46241
Burns Insurance Agency
1433 N. Meridian St., Ste 205 Indianapolis, IN 46202
Wells Fargo Insurance Services
300 N. Meridian St. Indianapolis, IN 46220
Cliff Johnson Insurance Agency
3902 N. College Ave. Indianapolis, IN 46205
6329 Hollister Drive Indianapolis, IN 46224
Walker & Associates Insurance
7364 E. Washington St Indianapolis, IN 46219
Associated Insurance Group of Indiana
7799 Michigan Rd. Indianapolis, IN 46268
Redding-Troy Insurance Agency
7740 E 88th St #100 Indianapolis, IN 46256
Gregory & Appel, Inc.
1402 N Capitol Ave Ste 400 Indianapolis, IN 46202
Merritt Hall Insurance
2421 Production Drive Indianapolis, IN 46242
The Alliance Insurance Group, Inc.
4912 W 16th St Indianapolis, IN 46224
DeFrantz Ins & Realty Agcy Inc
7780 N. Michigan Road Indianapolis, IN 46268
Fox and Fox, Inc.
3815 River Crossing Parkway Indianapolis, IN 46240
CoLiance Risk Advisors, LLC
429 N Pennsylvania St #202 Indianapolis, IN 46204
7212 N. Shadeland Ave. Indianapolis, IN 46250
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