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Updated Feb 06, 2025
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This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

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Powered by Coverage.com (NPN: 19966249)

Advertising disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Age 16*
Average annual full coverage premium in IN
$3,861
Average minimum coverage premium in IN
$1,054
Age 18
Average annual full coverage premium in IN
$5,539
Average minimum coverage premium in IN
$1,432
Age 20
Average annual full coverage premium in IN
$4,332
Average minimum coverage premium in IN
$1,062
Age 25
Average annual full coverage premium in IN
$2,339
Average minimum coverage premium in IN
$546
Age 30
Average annual full coverage premium in IN
$1,923
Average minimum coverage premium in IN
$436
Age 40
Average annual full coverage premium in IN
$1,773
Average minimum coverage premium in IN
$407
Age 50
Average annual full coverage premium in IN
$1,631
Average minimum coverage premium in IN
$385
Age 60
Average annual full coverage premium in IN
$1,583
Average minimum coverage premium in IN
$388
Age 70
Average annual full coverage premium in IN
$1,768
Average minimum coverage premium in IN
$459
Age 40
Average annual full coverage premium in IN
$1,773
Average minimum coverage premium in IN
$407
Age 50
Average annual full coverage premium in IN
$1,631
Average minimum coverage premium in IN
$385
Age 60
Average annual full coverage premium in IN
$1,583
Average minimum coverage premium in IN
$388
Age 70
Average annual full coverage premium in IN
$1,768
Average minimum coverage premium in IN
$459
*16-year-old calculated on parents' policy with discounts applied; 18- and 20-year-old are renters on their own policies with no discounts applied
Age 16*
Average annual full coverage premium in IN
$3,518
Average minimum coverage premium in IN
$986
Age 18
Average annual full coverage premium in IN
$4,457
Average minimum coverage premium in IN
$1,204
Age 20
Average annual full coverage premium in IN
$3,471
Average minimum coverage premium in IN
$899
Age 25
Average annual full coverage premium in IN
$2,127
Average minimum coverage premium in IN
$511
Age 30
Average annual full coverage premium in IN
$1,870
Average minimum coverage premium in IN
$434
Age 40
Average annual full coverage premium in IN
$1,741
Average minimum coverage premium in IN
$408
Age 50
Average annual full coverage premium in IN
$1,601
Average minimum coverage premium in IN
$382
Age 60
Average annual full coverage premium in IN
$1,553
Average minimum coverage premium in IN
$381
Age 70
Average annual full coverage premium in IN
$1,719
Average minimum coverage premium in IN
$438
Age 40
Average annual full coverage premium in IN
$1,741
Average minimum coverage premium in IN
$408
Age 50
Average annual full coverage premium in IN
$1,601
Average minimum coverage premium in IN
$382
Age 60
Average annual full coverage premium in IN
$1,553
Average minimum coverage premium in IN
$381
Age 70
Average annual full coverage premium in IN
$1,719
Average minimum coverage premium in IN
$438
*16-year-old calculated on parents' policy with discounts applied; 18- and 20-year-old are renters on their own policies with no discounts applied
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Bankrate’s take: Car insurance premiums are based on historical and statistical data. While six states don't use gender as an insurance rating factor, all other states (including Indiana) allow the use of gender in determining car insurance rates. According to the Insurance Institute for Highway Safety, men not only tend to drive more, but they are more likely to speed, drive impaired and not wear a seatbelt. These behaviors directly impact the risk and severity of accidents, resulting in increased insurance premiums for male drivers.

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Age 16*
Avg. annual premium for drivers in IN
$3,689
Age 17
Avg. annual premium for drivers in IN
$3,317
Age 18
Avg. annual premium for drivers in IN
$3,091
Age 19
Avg. annual premium for drivers in IN
$2,828
Age 20
Avg. annual premium for drivers in IN
$2,689
*16-year-old calculated on parents' policy with discounts applied; 18- and 20-year-old are renters on their own policies with no discounts applied
Age 18
Avg. annual premium for drivers in IN
$4,998
Age 19
Avg. annual premium for drivers in IN
$4,267
Age 20
Avg. annual premium for drivers in IN
$3,901
*16-year-old calculated on parents' policy with discounts applied; 18- and 20-year-old are renters on their own policies with no discounts applied
Age Avg. annual premium difference for drivers on their own policy
Age 18 62 percent more
Age 19 51 percent more
Age 20 45 percent more
Clean driving record
Avg. annual premium* in IN
$1,757
Percentage increase from IN avg. annual premium*
0%
Avg. annual premium* in IN
$2,153
Percentage increase from IN avg. annual premium*
23%
Avg. annual premium* in IN
$2,395
Percentage increase from IN avg. annual premium*
36%
Avg. annual premium* in IN
$3,451
Percentage increase from IN avg. annual premium*
96%
*The rates reflected are for full coverage policies.
Avg. annual premium* in IN
$3,452
Percentage difference from IN avg. annual premium*
96%
Average
Avg. annual premium* in IN
$1,948
Percentage difference from IN avg. annual premium*
11%
Avg. annual premium* in IN
$1,757
Percentage difference from IN avg. annual premium*
0%
Excellent
Avg. annual premium* in IN
$1,427
Percentage difference from IN avg. annual premium*
-19%
*Rates reflect full coverage policies.
Avg. annual premium* in IN
$1,757
Avg. annual premium* in IN
$1,738
Avg. annual premium* in IN
$1,584
BMW 330i
Avg. annual premium* in IN
$2,225
Toyota Prius
Avg. annual premium* in IN
$1,832
*Rates reflect full coverage policies.

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Why we're asking
Methodology
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46
years of industry expertise
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122
carriers reviewed
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34.5K
ZIP codes examined
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1.2M
quotes analyzed

Methodology

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40 year old
Single male and female driver
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2023 Toyota Camry
Primary vehicle
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Good credit score
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Clean driving record
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Commutes 5 days

Bodily injury liability

$100,000 per person
$300,000 per accident

Property damage liability

$50,000 per accident

Personal injury protection

$100,000 per accident

Uninsured motorist bodily injury

$100,000 per person
$300,000 per accident

Collision deductible

$500

Comprehensive deductible

$500
Written by
Shannon Martin
Writer, Insurance
Shannon Martin is a licensed insurance agent and Bankrate analyst with over 15 years of experience in the industry. She enjoys helping others navigate the insurance world by cutting through complex jargon and empowering readers to make strong financial decisions independently.
Edited by Editor II, Insurance
Reviewed by Director of corporate communications, Insurance Information Institute