Cheapest and Best Car Insurance in Evansville, IN (July 2024)

In Evansville, Indiana, Auto-Owners offers the cheapest minimum coverage car insurance. American Family is the most affordable for full coverage and provides the best value between price and service. GEICO may be the most cost-effective option for families with teens. Westfield leads for customer service. The ideal choice will depend on your coverage needs and preferences.

MoneyGeek found that Auto-Owners is the cheapest car insurance option in Evansville, ideal for drivers concerned about costs.

• Auto-Owners: $289 per year
• American Family: $335 per year

Farmers has the most expensive minimum coverage policy at $693 per year. That's a $404 difference from Auto-Owners, demonstrating why it's crucial to compare prices when looking for car insurance to ensure you're getting a good deal.

For cities in Indiana, state law mandates car insurance coverage minimums. These are the required limits:

• $25,000 bodily injury per person
• $50,000 bodily injury per accident
• $25,000 property damage liability per accident

Suppose you cause an accident, and the other driver's injuries total $30,000. Your minimum coverage policy will cover up to $25,000 for their injuries. If costs exceed these limits, you'd be responsible for the difference out of your pocket.

MoneyGeek found that American Family offers the cheapest full coverage car insurance in Evansville.

• American Family: $640 per year
• Auto-Owners: $647 per year

State Farm has the most expensive full coverage policy in Evansville, with an annual rate of $1,174 — a significant $534 difference from the cheapest option. This rate gap emphasizes the importance of shopping around, especially since full coverage policies include comprehensive and collision insurance, making them pricier than minimum coverage plans.

With full coverage car insurance, policyholders benefit from the inclusion of both comprehensive and collision insurance:

• Collision Insurance: This insurance covers damages to your vehicle from a collision with another vehicle or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This form of coverage is designed to handle the cost of damages to your vehicle from non-collision-related events like theft, vandalism, fires, natural disasters or being hit by an animal like a deer.

For owners of new vehicles, securing full coverage insurance is advisable to protect the substantial investment. For those with older car models, the additional expense of potentially hundreds of dollars may surpass the benefits. When determining how much car insurance you need, it’s essential to weigh the increased cost of higher coverage against the danger of being underinsured.

MoneyGeek found that Auto-Owners is the most affordable full coverage option in Evansville for drivers with a poor driving history. These companies offer the lowest rates:

• Speeding Ticket: Auto-Owners ($804 per year)
• At-Fault Accident: Auto-Owners ($844 per year)
• DUI: American Family ($820 per year)

The most expensive rates for these offenses vary, with Westfield charging the highest annual premium of $2,427 after a DUI. The $16 difference between the cheapest annual rate after a speeding ticket and the cheapest annual rate after a DUI shows that the severity of the offense can influence car insurance rates. However, you can still find competitive rates in Evansville.

In Evansville, insurance premiums increase with the severity of your driving offense. For instance, drivers with a speeding ticket pay an average annual rate of $1,630, while those with a DUI face an average annual cost of $2,266 — a $636 difference. This disparity illustrates why drivers with infractions should compare insurance rates to optimize savings and manage expenses effectively. It's crucial for these drivers to research and find the most financially advantageous insurance options to mitigate the impact of higher premiums due to their driving record.

MoneyGeek found that GEICO offers the cheapest car insurance for teens in Evansville. These are the top two least expensive companies:

• GEICO: $1,748 per year for female teens; Allstate: $1,847 per year for male teens
• Nationwide: $1,777 per year for female teens; GEICO: $1,914 per year for male teens

These premiums reflect the cost of family policies covering two parents and a teenage driver. The most expensive option in Evansville for teen family policies is Auto-Owners, with rates of $2,884 for female teens and $3,008 for male teens. The significant gap of $1,136 between the cheapest and most expensive annual rates for females illustrates the importance of comparing quotes, especially since adding a teenager to a policy can increase premiums due to their higher risk profile.

In Evansville and other U.S. cities, teenage drivers seeking car insurance will find dramatically different premiums depending on how they purchase their policy. An individual policy for a teen costs roughly $4,755 per year; being added to a family plan could significantly reduce that figure to an average of $2,246 per year. Insurers typically quote higher rates to teens on independent policies due to their inexperienced driving and higher risk of accidents. Teens may face challenges obtaining approval for an individual policy, as underwriters often require the demonstrated financial stability and driving history that many young drivers lack. Joining a family plan is a more cost-effective and feasible option for teens seeking coverage.

MoneyGeek found that USAA provides the cheapest car insurance for military backgrounds in Evansville. These are the most affordable options:

• USAA: $599 per year
• American Family: $640 per year

USAA offers specialized services to address the unique needs of active-duty military members, making it an excellent choice for military families.

Comparing car insurance rates in Evansville can lead to significant savings. However, evaluating three or more options can take over an hour.

MoneyGeek's car insurance calculator streamlines this process by highlighting the significant factors influencing premiums in Evansville. Prospective policyholders need to input key details such as age, driving history, credit score and preferred coverage level to receive an immediate estimate.

Selecting the right auto insurance depends on your preferences for service, cost and coverage. MoneyGeek's unique evaluation criteria have identified the best car insurance providers in Evansville for varying needs:

• Best overall: American Family (MoneyGeek score 88 out of 100)
• Best for service: Westfield (MoneyGeek score 90 out of 100)
• Best cheap: Auto-Owners (MoneyGeek score 90 out of 100)

With three different winners across the categories, consumers have distinct options. American Family offers a well-rounded option, excelling in service and affordability, while Westfield is the leading choice for those prioritizing premium service. Auto-Owners is ideal for budget-conscious individuals, delivering substantial value without compromising service. Each company leads in its respective category, catering to the varied preferences of Evansville's insurance consumers.

MoneyGeek found that American Family offers the best car insurance in Evansville.

• American Family: MoneyGeek score of 88 out of 100 ($640 per year)
• Auto-Owners: MoneyGeek score of 86 out of 100 ($647 per year)

American Family achieves its stellar position with top marks in satisfaction and affordability, which are the most significant aspects contributing to its outstanding MoneyGeek score, specifically for full coverage policies. Its consistency in these key areas ensures customers receive excellent value and service.

MoneyGeek found that Westfield is the best option in Evansville for top-tier car insurance customer service, setting the standard in the industry based on general satisfaction, claims handling and coverages, without considering cost.

• Westfield: MoneyGeek score of 90 out of 100 ($891 per year)
• American Family: MoneyGeek score of 84 out of 100 ($640 per year)

Westfield distinguishes itself through superior customer satisfaction and an exceptional claims process, as highlighted by its outstanding MoneyGeek scores. The company provides customers with robust coverage options and peace of mind from a stable insurance provider. These factors bolster Westfield's reputation as the premier choice for car insurance in Evansville.

MoneyGeek found that Auto-Owners is the leading choice for affordable car insurance in Evansville. It boasts the highest MoneyGeek score and offers a mix of budget-friendly rates and consistent customer satisfaction.

• Auto-Owners: MoneyGeek score of 90 out of 100 ($289 per year)
• Westfield: MoneyGeek score of 89 out of 100 ($350 per year)

Auto-Owners stands out for its exceptional affordability, top-tier claims handling and customer satisfaction, making it the clear frontrunner for a minimum coverage policy. Its outstanding overall performance puts it in the lead for those seeking insurance that balances cost with quality service.

The average car insurance cost in Evansville, Indiana, is $941 per year. Compared to the Indiana state average of $918, Evansville residents are paying slightly more for their premiums. The Indiana state average is lower by $863 than the national average of $1,781, suggesting a more favorable rate for Hoosier State drivers.

Car insurance premiums are influenced by various factors, including driving history, age, vehicle type and coverage levels. However, location remains a significant factor. The cost of insuring a vehicle is considerably affected by the likelihood of accidents, theft, and vandalism, which are influenced by an area's traffic density and crime rates. South Bend is the city with the cheapest car insurance in Indiana, with a premium of $889 per year. Indianapolis is the most expensive at $1,013 per year. This $124 difference highlights the significant role location plays in determining insurance rates. Non-city areas with reduced traffic density could have even more competitive insurance rates.