The vehicle requiring insurance is one of the biggest factors when trying to find affordable auto insurance for inexperienced drivers. Vehicles with reasonable performance levels, modern passenger safety features, or a low likelihood of having liability claims will cost quite a bit less to insure than high performance models. The next table features coverage premiums for a handful of the cheapest vehicles to buy coverage for.

Cheapest Vehicles to Insure for Inexperienced Drivers in Indiana
Insured Vehicle Estimated Cost for Full Coverage
Honda CR-V EX 4WD $623
Ford Escape Limited 2WD $642
Chevrolet Equinox LS 2WD $657
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $669
Hyundai Elantra Blue 4-Dr Sedan $680
Jeep Wrangler Rubicon 4WD 2-Dr $682
Honda Odyssey EX-L W/Rear Entertainment $694
Toyota Corolla LE $701
Toyota Prius $694
Toyota Camry SE $704
Ford Explorer XLT 2WD $706
Chevrolet Silverado LT Regular Cab $712
Nissan Altima Hybrid 4-Dr Sedan $706
Ford Focus S 4-Dr Sedan $714
Chevrolet Impala LS $706
Nissan Rogue S AWD $715
Chevrolet Malibu LTZ $706
Toyota RAV4 Limited 2WD $721
Volkswagen Jetta S 4-Dr Sedan $728
Toyota Camry Hybrid $754
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Data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rates do not factor in Indiana location which can increase or decrease premium rates greatly.

Looking at the rates, you can see that cars like the Honda CR-V, Ford Escape, Chevrolet Equinox, and Toyota Tacoma are some of the cheapest vehicles to insure for new drivers.

Buying cheap car insurance is not always easy, and finding out which companies quote the cheapest auto insurance rates for inexperienced drivers in Indiana will require even more work. Every car insurance company has their own process to set their prices, so first let's look at the rankings for the most affordable auto insurance companies in Indiana.

It's a good idea to know that Indiana auto insurance rates are impacted by many things that will increase or decrease the price you have to pay. That is why Indiana drivers need to take the time to shop around to find cheap insurance quotes for inexperienced drivers. Auto insurance prices can be altered by many factors and can change substantially, so the best option the last time you shopped your coverage around may now be priced much higher than other options.

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Indiana car insurance ranked by cost per year
Rank Company Cost Per Year
1 Travelers $602
2 Cincinnati Insurance $658
3 USAA $687
4 Erie $733
5 Western Reserve $838
6 The Hartford $855
7 Indiana Farmers Mutual $875
8 Auto-Owners $888
9 Nationwide $958
10 Utica National $965
11 State Farm $967
12 Hastings Mutual $973
13 Safeco $983
14 Motorists Mutual $996
15 Farmers $1,033
16 Wolverine Mutual $1,072
17 Westfield $1,105
18 GEICO $1,122
19 Progressive $1,128
20 State Auto $1,131
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Travelers may offer some of the best car insurance rates in Indiana at around $602 a year. Cincinnati Insurance, USAA, Erie, and Western Reserve also are some of the more affordable Indiana auto insurance companies.

As the example above demonstrates, if you buy coverage from Western Reserve and switched to Cincinnati Insurance, you might achieve annual savings of roughly $180. Insureds with The Hartford could save as much as $197 a year, and Indiana Farmers Mutual customers might lower prices by $217 a year.

Remember that these policy prices are averages across all insureds and vehicles and do not take into consideration a rate decrease for inexperienced drivers. So the car insurance company that fits your situation best may not even be in the top 36 companies shown above. That point stresses why you need to compare prices as often as possible using your own driver data and vehicle information.

Get discounts on Indiana insurance

Insurers that provide policies for inexperienced drivers may also give you policy discounts that can reduce rates by 40% or more if you meet certain criteria. A few of the larger companies and some of the discounts are shown below.

The diagram below illustrates the comparison of insurance prices with and without discounts applied to the policy rates. The prices are based on a female driver, no tickets, no at-fault accidents, Indiana state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with defensive driving course, anti-theft, homeowner, claim-free, multiple vehicle, and multiple policy discounts applied. When these discounts are applied, theamount saved on auto insurance for inexperienced drivers is 28% or $312.

Impact of speeding/accidents on Indiana auto insurance rates

One of the best ways to get the cheapest auto insurance premiums for new drivers is to be a good driver and have a clean driving record. The information below demonstrates how traffic citations and at-fault accidents can drive up car insurance rates for each different age category. The rate quotes are based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are factored in.

In the example above, the average cost of an auto insurance policy in Indiana per year with no accidents or violations is $1,771. Receive two speeding tickets and the average cost surges to $2,338, an increase of $567 each year. Then include one accident along with the two speeding tickets and the 12-month cost of auto insurance for inexperienced drivers in Indiana goes up to an average of $2,922. That's an increase of $1,151, or $96 per month, just for not paying attention while driving!

A good deal can quickly turn bad

Indiana auto insurance rates are influenced by many factors that can increase the cost of a policy. Improving your credit rating, moving across town, or getting a driving violation may generate price changes that can now make some companies more affordable than before. Not only may your risk profile change, but companies change prices as often as every quarter in order to remain profitable. Heavier than normal losses can cause higher prices, while profitable underwriting may cause lower-priced Indiana car insurance rates.

As an example, the data below shows a variety of companies that have the cheapest car insurance in Indiana for a 30-year-old male driver with no prior claims, no tickets, and great credit. If we look at prices based on his current risk factors, Travelers may have the cheapest car insurance rates in Indiana at $620 annually. This is $620 less than the average price paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and Western Reserve are the remaining most affordable Indiana auto insurance companies.

Now we will pretend the driver in the first example a chargeable claim, a lower credit rating, and an imperfect driving record. Since every car insurance company has their own guidelines to determining premium rates, comparing insurance quotes could result in a slightly different list of affordable companies as shown below.

The Hartford now has the cheapest rate in Indiana with USAA, Auto-Owners, Cincinnati Insurance, and Utica National completing the list. This shows why consumers need to spend some time comparing rates when trying to find the most budget-friendly auto insurance quotes for inexperienced drivers. Prices are influenced by many factors and can decrease or increase without notice, so the most affordable company the last time you shopped around may now not even be in the top five.