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|
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 Zip Codes46222 46201 46218 46208 46205
Cheap Zip Codes46290 46280 46259 46237 46250
Be Prepared For
Driving in Indy
Major HighwaysI-65 U.S. 31 U.S. 36
Toll RoadsIndiana Toll Road
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
Car Insurance Companies in Indianapolis
Find Local Indianapolis Agents
Sagamore Insurance Company
1099 N Meridian St Indianapolis, IN 46204
RMIA Inc. dba Risk Manager Insurance Agency
9119 Otis Avenue Indianapolis, IN 46216
7212 N. Shadeland Ave. Indianapolis, IN 46250
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