Finding dependable, cost effective auto insurance is challenging, and deciding which company has the lowest-priced auto insurance rates for low income drivers in Indiana calls for even more rate comparisons.

Each auto insurer has their own process for setting prices, so we'll go over the auto insurance companies with the overall cheapest rates in Indiana. It's important that you understand Indiana auto insurance rates are determined by lots of factors that may substantially change the price you have to pay. Getting older, getting divorced, or getting a reckless driving citation can trigger rate changes resulting in some rates now being more affordable than the competition.

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Rankings for the cheapest Indiana auto insurance companies
Rank Company Cost Per Year
1 Travelers $620
2 USAA $681
3 Cincinnati Insurance $684
4 Erie $726
5 Western Reserve $838
6 Indiana Farmers Mutual $849
7 The Hartford $881
8 Auto-Owners $906
9 Nationwide $940
10 State Farm $957
11 Utica National $965
12 Hastings Mutual $973
13 Motorists Mutual $986
14 Safeco $1,013
15 Farmers $1,053
16 State Auto $1,098
17 Westfield $1,105
18 Wolverine Mutual $1,105
19 Progressive $1,128
20 GEICO $1,133
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Travelers may offer some of the most affordable car insurance rates in Indiana at around $620 a year. This is $620 less than the average price paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and Western Reserve also rank well as some of the most economical Indiana car insurance companies.

In this example, if you are insured with Erie and switched to Travelers, you might see an annual premium reduction of roughly $106. Customers with Western Reserve may save as much as $218 a year, and Indiana Farmers Mutual insureds might reduce rates by $229 a year.

To find the cheapest rates for your vehicle, click here to get a free quote or visit any of the companies below.

Remember that these premium estimates are averages for all drivers and vehicles in Indiana and do not take into consideration a price discount for low income drivers. So the insurer that is best for you may not even be in the top 36 companies in the list above. That point stresses why you need to compare as many prices as possible using your own specific driver and vehicle information.

The vehicle model you are trying to insure is probably the most important factor when comparing quotes for economical car insurance for low income drivers. Vehicles with lower acceleration and performance, a great safety record, or a low likelihood of having liability claims will cost quite a bit less to insure than fast, unsafe models.

The table below outlines auto insurance prices for some of the more affordable vehicles to insure in Indiana.

Cheapest Vehicles to Insure for Low Income Drivers in Indiana
Vehicle Make and Model Estimated Cost for Full Coverage
Honda CR-V EX 2WD $554
Ford Escape XLT 4WD $568
Honda Accord EX-L 4-Dr Sedan $603
Chevrolet Equinox LS AWD $657
Toyota RAV4 Limited 2WD $666
Dodge Grand Caravan Hero $657
Toyota Corolla XLE $694
Toyota Prius $704
Nissan Rogue S AWD $706
Ford Explorer XLT AWD $712
Nissan Altima 3.5 SR 4-Dr Sedan $706
Chevrolet Silverado LT Extended Cab 4WD $721
Chevrolet Impala LT $726
Toyota Tacoma Double Cab TRD Sport Package 4WD $734
Jeep Grand Cherokee Laredo 2WD $741
GMC Sierra 2500HD SLE Regular Cab 2WD $754
Ford F-150 FX2 2WD $758
Ford Edge Limited AWD $761
Hyundai Elantra GLS 4-Dr Sedan $766
Honda Odyssey EX-L $761
Toyota Camry XLE $769
Chevrolet Malibu LTZ $774
GMC Sierra SLT Extended Cab 4WD $783
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Prices based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Rates do not factor in garaging location in Indiana which can impact price quotes considerably.

Looking at the numbers, you can figure that makes and models like the Honda CR-V, Ford Escape, Honda Accord, and Chevrolet Equinox are most likely going to be some of the most economical vehicles to insure for poor drivers.

Indiana auto insurance companies

Insuring your vehicle with a high-quality car insurance provider is hard considering how many companies there are to choose from in Indiana. The company ratings below can help you analyze which companies you want to consider when trying to find the cheapest insurance for low income drivers. These rankings are for companies who write in the majority of U.S. states, so companies with more of a regional focus will not be included in the list.

Top 10 Major Auto Insurers Overall in Indiana

  1. USAA
  2. 21st Century
  3. GEICO
  4. Nationwide
  5. AAA Insurance
  6. Liberty Mutual
  7. Safeco Insurance
  8. State Farm
  9. Travelers
  10. American Family

Top 10 Major Auto Insurers in Indiana Ranked by Value

  1. USAA
  2. GEICO
  3. AAA Insurance
  4. Erie Insurance
  5. State Farm
  6. Liberty Mutual
  7. Safeco Insurance
  8. Allstate
  9. 21st Century
  10. Travelers

Impact of violations and accidents on rates

The common sense way to enjoy the best auto insurance rates in Indiana for poor drivers is to drive attentively and avoid accidents and traffic citations. The chart below shows how speeding tickets and at-fault claims can increase yearly insurance costs for different ages of insureds. The costs are based on a single male driver, comp and collision included, $500 deductibles, and no discounts are taken into consideration.

In the previous chart, the average cost of an auto insurance policy in Indiana per year with a clean driving record and no accidents is $1,328. Get written up for two speeding tickets and the average cost hikes up to $1,752, an increase of $424 each year. Now include one accident along with the two speeding tickets and the annual cost of auto insurance for low income drivers in Indiana goes up to an average of $2,178. That's an increase of $850, or $71 per month, just for a couple of infractions!

How to find budget-friendly insurance for low income drivers in Indiana

Lowering your rates is not difficult, and here are some thrifty suggestions that can help you get cheaper auto insurance.

The last idea is incredibly critical, as we stressed in the prior information. Prices charged by car insurance companies can change in a short period of time, so don't be afraid to buy a different policy if a cheaper rate is available.

Staying with the same car insurance company is fine, but is isn't recommended if that inflexibility results in costing you a wad of cash every year. In less than five minutes you could compare rates and find cheaper car insurance for low income drivers.