Determining which insurers offer the lowest-priced car insurance rates in Bloomington requires a little more effort in order to find the lowest price quote. Each insurance company uses a different method for determining rates in each state, so let's take a look at the car insurance companies with the most affordable rates in Bloomington.

It's a good idea to know that Bloomington car insurance rates are impacted by many things that will increase or decrease the price you have to pay for coverage. Improving your credit rating, buying a new vehicle, or having a fender bender can trigger rate changes resulting in some rates now being more affordable than before.

Rankings for the cheapest car insurance companies in Indiana
Rank Company Cost Per Year
1 Travelers $614
2 USAA $681
3 Cincinnati Insurance $684
4 Erie $733
5 Indiana Farmers Mutual $849
6 The Hartford $863
7 Western Reserve $864
8 Auto-Owners $906
9 Nationwide $940
10 Motorists Mutual $956
11 State Farm $957
12 Safeco $983
13 Utica National $985
14 Hastings Mutual $1,013
15 Farmers $1,053
16 Westfield $1,061
17 Progressive $1,095
18 Wolverine Mutual $1,105
19 GEICO $1,122
20 State Auto $1,131
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Travelers offers some of the cheapest car insurance rates in Bloomington at around $614 per year. USAA, Cincinnati Insurance, Erie, and Indiana Farmers Mutual also qualify as some of the lowest-priced Bloomington, IN car insurance companies.

In the above rates, if you are a customer of USAA and switched to Travelers, you could earn yearly savings of in the vicinity of $67. Insureds with Cincinnati Insurance could save as much as $70 a year, and Erie customers might realize rate reductions of up to $119 a year.

To discover how much you can save, click here to get a free quote or visit several of the following companies.

These rates are averages across all insureds and vehicles and and are not figured with an exact zip code location in Bloomington. So the car insurance company that is most affordable for your situation may not even be in the list above. That points out the importance of why you need to get rate quotes using your own specific driver and vehicle information.

For drivers in Bloomington, one of the big factors that are used to help calculate the price you pay for insurance is where you choose to live. Cities with larger populations or higher claim trends tend to pay more, whereas areas with less congestion have the luxury of cheap car insurance rates.

The illustration below lists the most costly cities in Indiana to purchase car insurance in. Bloomington ranks #16 costing $958 for car insurance, which is approximately $80 monthly.

How much is auto insurance in Bloomington, IN?
Rank City Annual Premium
1 Gary $1,388
2 Hammond $1,314
3 Portage $1,126
4 Merrillville $1,106
5 Indianapolis $1,082
6 Terre Haute $1,067
7 Lawrence $1,066
8 New Albany $1,059
9 Evansville $1,055
10 Jeffersonville $1,048
11 Anderson $1,031
12 Kokomo $1,011
13 Fort Wayne $985
14 South Bend $976
15 Elkhart $965
16 Bloomington $958
17 Muncie $955
18 Noblesville $948
19 Columbus $946
20 Fishers $945
21 Richmond $944
22 Mishawaka $936
23 Greenwood $931
24 Carmel $919
25 Lafayette $917
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Rates are estimated as the specific garaging location can impact prices greatly.

The car, truck, or SUV that is being insured is one of the primary factors when looking for the cheapest car insurance in Bloomington. Vehicles with economical engines, good crash test ratings, or a low likelihood of having liability claims will cost significantly less to insure than higher performance models. The information below features auto insurance prices for a number of the cheapest vehicles to insure.

Cheapest Vehicles to Insure in Bloomington, IN
Insured Vehicle Estimated Cost for Full Coverage
Honda CR-V LX 2WD $943
Jeep Wrangler Sport Islander Package 4WD 2-Dr $948
Ford Escape XLT 2WD $974
Honda Odyssey EX $997
Ford Edge SE AWD $1,007
Ford Explorer Limited 4WD $1,037
Toyota Prius $1,050
Ford F-150 STX Super Cab 2WD $1,073
Honda Civic Hybrid 4-Dr Sedan $1,093
Ford Fusion SE 4-Dr Sedan $1,101
Nissan Altima 2.5 4-Dr Sedan $1,116
Chevrolet Silverado 3500HD LTZ Crew Cab 2WD $1,131
Ford Focus SES 2-Dr Coupe $1,148
Honda Accord LX-S 2-Dr Coupe $1,158
GMC Sierra 2500HD SLT Extended Cab 4WD $1,148
Chevrolet Impala LT $1,150
Toyota RAV4 Limited 4WD $1,155
Chevrolet Malibu Hybrid $1,150
Kia Optima EX $1,167
Toyota Tacoma Double Cab 4WD $1,175
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Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Premium costs do not factor in the specific area where the vehicle is garaged which can modify price quotes noticeably.

Based upon the rates shown, vehicles like the Honda CR-V, Jeep Wrangler, Ford Escape, and Honda Odyssey are going to be some of the most affordable vehicles to insure for drivers in Bloomington.

Types of discounts on Bloomington insurance rates

Insurers that offer coverage in Bloomington may have premium discounts that may potentially lower prices by 25% or more if you meet eligibility requirements. Large car insurance companies and some of the discounts can be found below.

The illustration below shows the comparison of yearly insurance costs with and without discounts applied. The rates are based on a male driver, a clean driving record, no at-fault accidents, Indiana state minimum liability limits, full coverage, and $100 deductibles.

The first bar for each age group shows premium with no discounts. The second shows the rates with anti-theft, passive restraint, multiple policy, homeowner, accident-free, and marriage discounts applied. With discounts applied, the average savings per year on car insurance in Bloomington is 27% or $443.

Tips for buying the cheapest car insurance in Bloomington

The list below summarizes some of the better penny-pinching solutions that can help drivers buy lower-cost auto insurance.

The final tip is extremely significant, as we noted in the article above. Car insurance rates can be adjusted at any time, so drivers shouldn't be reluctant to change to a new company if a more affordable rate is found.

Many drivers tend to have loyalty to a certain company, but is isn't recommended if that stubbornness costs you lots of money. It only takes a couple minutes to compare rates to find cheaper insurance in Bloomington.