The words "low-cost" and "insurance" probably shouldn't be used together, specifically when you are shopping around for the best insurance rates for 17 year olds. Because of the high cost, let's teach you some situations that have a considerable impact on car insurance premiums, and see if we can help you take a little off your next policy.

Determining which insurers offer the most affordable insurance rates for 17 year olds in Indiana will require a little more work in order to find the lowest price.

Every car insurance company has a unique formula for determining prices, so we'll go over the insurance companies with the overall best prices in Indiana.

Compare Cheap Insurance Quotes for Teens

Click to Compare Rates Now

Who has the cheapest car insurance in Indiana?
Rank Company Cost Per Year
1 Travelers $596
2 Cincinnati Insurance $678
3 USAA $681
4 Erie $712
5 Western Reserve $838
6 Indiana Farmers Mutual $849
7 The Hartford $881
8 Auto-Owners $915
9 Nationwide $958
10 Utica National $965
11 State Farm $967
12 Motorists Mutual $996
13 Hastings Mutual $1,003
14 Safeco $1,013
15 Farmers $1,033
16 Westfield $1,094
17 State Auto $1,098
18 Wolverine Mutual $1,105
19 Progressive $1,106
20 GEICO $1,133
Quote Your Rates Go

Travelers quotes some of the lowest car insurance rates in Indiana at around $596 a year. Cincinnati Insurance, USAA, Erie, and Western Reserve would also make the list of some of the cheapest Indiana car insurance companies.

As shown in the rates above, if you buy coverage from Erie and switched to Travelers, you could earn an annual premium reduction of in the neighborhood of $116. Indiana drivers with Western Reserve may save as much as $242 a year, and Indiana Farmers Mutual policyholders might lower prices by up to $253 a year.

If you want to find out if you're overpaying, click here to start your free quote or quote prices from the following companies.

These policy rates are averages across all types of insureds and vehicles and and are not calculated with a rate increase for 17 year olds. So the car insurance company that fits your age and vehicle best may not even be in the list above. That is why you need to compare prices as often as possible using your own driver and vehicle profiles.

For teen drivers, one of the big criteria that aid in calculating car insurance rates is your address. Areas with more people or higher crime rates like Gary, Merrillville, and Indianapolis likely pay more, whereas areas that tend to be more rural can boast about having cheaper rates.

The table below sorts the most costly cities in Indiana for 17 year olds to purchase car insurance in.

Most expensive Indiana cities for auto insurance
Rank City Premium Per Year
1 Gary $1,360
2 Hammond $1,288
3 Merrillville $1,128
4 Portage $1,104
5 Indianapolis $1,082
6 Jeffersonville $1,070
7 New Albany $1,059
8 Evansville $1,055
9 Lawrence $1,055
10 Terre Haute $1,045
11 Kokomo $1,041
12 Anderson $1,031
13 South Bend $985
14 Fort Wayne $976
15 Mishawaka $974
16 Richmond $973
17 Bloomington $968
18 Elkhart $965
19 Greenwood $960
20 Noblesville $958
21 Carmel $957
22 Fishers $954
23 Columbus $946
24 Muncie $937
25 Lafayette $917
Compare Prices Now Go

Table data uses approximated as the garaging address in Indiana can change premiums significantly.

The make and model of vehicle you are buying coverage for is one of the main factors that determines the availability of the most economical car insurance for 17 year olds. Vehicles with reasonable performance levels, good safety features, or a positive history of liability claims will cost much less to insure than high performance models.

The information below shows car insurance costs for the most affordable vehicles to insure in Indiana.

Cheapest Vehicles to Insure for 17 Year Olds in Indiana
Vehicle Insured Estimated Cost for Full Coverage
Honda CR-V LX 4WD $2,243
Ford Escape XLT 4WD $2,266
Toyota Prius $2,436
Ford F-150 STX Super Cab 2WD $2,490
Jeep Wrangler Sahara 4WD 2-Dr $2,513
Toyota Tacoma 4WD $2,521
Ford Focus S 4-Dr Sedan $2,636
Ford Edge SEL AWD $2,646
Volkswagen Jetta S 4-Dr Sedan $2,659
Ford Fusion S 4-Dr Sedan $2,664
Toyota Camry LE $2,659
Toyota RAV4 Limited 2WD $2,668
Chevrolet Equinox LS 2WD $2,659
Ford Explorer Eddie Bauer 4WD $2,683
Dodge Grand Caravan Crew $2,688
Hyundai Elantra Blue 4-Dr Sedan $2,782
Toyota Corolla LE $2,806
Chevrolet Impala LTZ $2,816
GMC Sierra 2500HD SLE Extended Cab 4WD $2,829
Jeep Grand Cherokee Limited 2WD $2,835
Nissan Altima 3.5 SR 4-Dr Sedan $2,829
Chevrolet Malibu LTZ $2,834
Honda Odyssey Touring $2,829
Get a Custom Quote Go

Above prices assume single male driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include claim-free, and safe-driver. Rates do not factor in specific garaging location which can lower or raise insurance rates substantially.

Based upon these rates, vehicles like the Honda CR-V, Ford Escape, and Toyota Prius are a few of the more affordable vehicles to insure for teen drivers. Car insurance rates will tend to be more expensive just due to the fact that there is more claim exposure for 17 year olds, but overall those vehicles will have the lowest insurance prices that you are likely to find.

Choosing the best car insurance company can be a challenge considering how many choices there are in Indiana. The ranking data in the lists below could help you analyze which providers to look at purchasing coverage from.

These rankings are for large nationwide companies, so companies that focus mainly on Indiana business will not be included in these rankings. To check rates from the insurers below and more, click here.

Top 10 Major Auto Insurance Providers in Indiana Ranked by Claims Service

  1. Progressive
  2. Travelers
  3. Liberty Mutual
  4. Nationwide
  5. USAA
  6. GEICO
  7. AAA Insurance
  8. Safeco Insurance
  9. Esurance
  10. The General

Top 10 Major Auto Insurance Providers 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

The diagram below illustrates how your choice of deductibles can impact insurance costs when searching for cheap insurance for 17 year olds in Indiana. The rate quotes are based on a single female driver, comp and collision included, and no discounts are taken into consideration.

The chart above illustrates that a 40-year-old driver could save $222 a year by increasing from a $100 deductible to a $500 deductible, or save $334 by selecting a $1,000 deductible. Younger drivers, such as the Age 20 example, could potentially save as much as $566 or more by selecting a higher deductible.

When using a larger deductible, it will be important to have additional funds squirreled away to satisfy the extra out-of-pocket expense, which is the one shortcoming of high deductibles.

Tips for buying more affordable insurance for 17 year olds in Indiana

The list below details some of the recommended money-saving suggestions that can help Indiana drivers locate lower-cost coverage.

The final tip is particularly critical, as was discussed in this article. Auto insurance rates can change significantly in a year, so you should be ready to buy a policy from a new company if a better deal can be had. Many drivers have brand loyalty and that's fine, but it's not recommended if your bullheadedness ends up costing you several hundred dollars every year. It only takes a couple minutes to compare prices to find cheaper insurance for 17 year olds.