Cheapest Low-Income Car Insurance in Indiana

GEICO claims the lion's share of Indiana's economical insurance market, providing young drivers coverage at $36, adults at $32, seniors at $32, and bad credit holders at $47 monthly. Auto-Owners and Progressive split the remaining categories, with Auto-Owners delivering best rates for speeding tickets at $45 and accidents at $48, while Progressive handles DUI cases at $52 per month.

Indiana earns recognition as one of the nation's most affordable insurance states, consistently delivering premiums substantially beneath the $53 national average and competing directly with other budget-friendly Midwest markets. The Hoosier State's favorable rating results from multiple factors including moderate claim costs, reasonable legal environments, and healthy insurer competition preventing any single carrier from controlling market pricing. Nationwide insurance cost disparities create dramatic premium differences, with Indiana drivers paying roughly half what residents in expensive coastal states fork over monthly for identical minimum coverage and driver profiles.*

*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.

Indiana families have multiple insurer options based on their household needs. GEICO leads for married couples with teens at $46 monthly, Progressive works best for married couples without children at $32, and Auto-Owners serves single parents at $76 per month. Our research shows Indiana ranks among the most affordable states for family insurance, with premiums well below national averages across all household types.

Families adding teenage drivers encounter reasonable $14 premium increases when comparing Progressive and GEICO rates, avoiding the $30 to $50 spikes common in less affordable markets. Single parents face moderate pricing at $76 through Auto-Owners, paying $30 above married couples with teens rather than the differentials exceeding $80 in expensive states. Indiana's competitive landscape benefits consumers through multiple viable insurer choices, encouraging families to compare quotes from GEICO, Progressive, and Auto-Owners for optimal savings.*

*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.

Drivers in Indiana are required to carry at least the following auto insurance coverage:

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

If you lease or finance a vehicle, lenders usually require higher limits, including a 100/300/100 liability coverage split with comprehensive and collision insurance.

Westfield offers the cheapest car insurance for most low-income drivers in Indiana. Progressive and American Family have the lowest rates for high-risk drivers. Explore providers using various methods to find the best deal.

Finding affordable car insurance can be challenging for low-income drivers. Get answers to common questions on saving money.

Study Overview

MoneyGeek analyzed Indiana auto insurance rates using data from the Indiana Department of Insurance and Quadrant Information Services.

Data Acquisition, Depth and Analysis

MoneyGeek analyzed 328,384 quotes from 14 companies across 370 ZIP codes to determine the average cost of car insurance for drivers with low income in Indiana.

Sample Driver Profile

We used a sample driver profile with the following attributes to determine average car insurance rates for low-income drivers in Indiana:

• 40-year-old male
• 2012 Toyota Camry LE
• Clean driving record
• 12,000 miles driven annually

To determine rates for specific driver profiles, we adjusted factors such as age, family status, driving history and credit standing.

Our study defines seniors as 60 or older, young drivers as 22 to 29 and adults as 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.

Coverage Levels and Deductibles

Our data shows rates for minimum coverage, which follows the requirements set by Indiana law, and offers affordable options for low-income drivers.