1. Year
2. Make
3. Model
4. Trim
5. Fuel Type

Great news! FIXD is compatible with your vehicle.


Unfortunately, FIXD is not guaranteed to be compatible with your vehicle.


FIXD logo

What Used Cars are the Cheapest to Insure in Indiana

In Indiana, the 2021 Volvo XC40, the 2021 Subaru Outback, and the 2021 Mazda CX-5 are the cheapest used cars to insure. The Volvo XC40 costs $317 monthly for full coverage, while the liability-only coverage costs $150.

Indianapolis, Indiana, USA skyline over Monument Circle.

Want to save on car insurance?

The best way to save is to shop around for lower rates. Enter your information below to instantly compare quotes from leading carriers! 


What Used Cars Are the Cheapest to Insure in Indiana?

Want to know the cheapest pre-owned vehicle to insure in Indiana? We researched insurance quotes in the state to save you the effort!

This article covers insurance basics for the state of Indiana and tips to save money on premiums. We also found the best insurance companies and answered frequently asked questions!

Indiana Cheapest Cars to Insure

We input a basic driver profile into an insurance quote generator to find the cheapest insurance rates for 45 cars from the 2021 model year. Here are the three cheapest models to insure in Indiana:

1. 2021 XC40 by Volvo

The XC40 is the cheapest vehicle to insure in Indiana. This four-door SUV costs $317 per month for full-coverage insurance, while Indiana averages $60 per month for a full-coverage policy. The XC40 is $150 per month for liability-only insurance.

The 2021 Volvo XC40 offers multiple engine options and an impressive suite of standard safety features, including blind-spot monitoring and rear parking sensors. It also features LED headlights and gets a combined 26 mpg for savings at the pump.

2. 2021 Outback by Subaru

The Outback is the second cheapest car to insure in Indiana. This four-door station wagon costs $326 per month for a full-coverage policy. The Indiana state averages of $60 per month for a full-coverage policy. A liability-only policy for the Outback costs $137 per month.

The Insurance Institute for Highway Safety (IIHS) gave the Outback its highest possible ratings for front-crash prevention and crash worthiness. It gets a combined 29 mpg.

3. 2021 CX-5 by Mazda

The 2021 Mazda CX-5 is the third cheapest vehicle to insure in Indiana. This four-door SUV costs $330 per month to insure with a full-coverage policy, while the state averages at $60 per month for a full-coverage policy. The CX-5 costs $152 per month for liability-only coverage.

With standard safety features including lane-departure prevention and alert, blind-spot detection, and daytime running headlights, the CX-5 offers a great value. Its turbocharged engine option can generate up to 250 horsepower, but it still gets a combined 28 mpg.

The 45 Cheapest Used Vehicles to Insure in Indiana

Auto insurance with car key and calculator

We collected policy estimates for 45 vehicles on the Insurance Institute for Highway Safety (IIHS) 2021 Top Safety Pick+ list. We ranked all 45 cars by their full-coverage policy costs in ascending order. We also provided liability-only quotes for comparison.

Year Make Model Full Coverage Liability Only
2021 Volvo XC40 $317 $150
2021 Subaru Outback $326 $137
2021 Mazda CX-5 $330 $152
2021 Mazda CX-30 $333 $150
2021 Mazda CX-3 $338 $163
2021 Subaru Forester $343 $133
2022 Hyundai Tucson $343 $150
2021 Ford Bronco Sport $345 $136
2021 Chevrolet Trailblazer $351 $150
2022 Hyundai Santa Fe $352 $166
2021 Acura RDX $354 $156
2021 Subaru Legacy $355 $147
2021 Mazda CX-9 $361 $146
2021 Honda Insight $365 $164
2022 Honda Civic $370 $147
2021 Toyota Camry $375 $147
2021 Subaru Ascent $376 $163
2021 Nissan Murano $383 $161
2021 Honda Accord $384 $147
2021 Mazda 3 $385 $164
2021 Toyota Highlander $387 $163
2021 Audi Q5 $414 $136
2021 Nissan Altima $421 $162
2021 Volkswagen ID.4 $427 $143
2022 Mitsubishi Outlander $440 $185
2021 Acura TLX $442 $188
2021 Kia K5 $446 $165
2021 Volvo V60 $447 $182
2021 Volvo S60 $456 $157
2021 Cadillac XT6 $457 $176
2021 Genesis G70 $477 $193
2021 Audi A6 $484 $164
2021 Genesis GV80 $494 $169
2022 Genesis G70 $496 $193
2021 Volvo S90 $498 $150
2022 Kia Stinger $500 $180
2021 Lexus ES 350 $524 $161
2021 Nissan Maxima $536 $181
2022 Lexus ES 350 $547 $160
2021 Volvo V90 $564 $146
2021 Audi A6 allroad $578 $155
2021 Audi A7 $591 $163
2021 Genesis G80 $618 $175
2021 Tesla Model 3 $628 $167
2021 Genesis G90 $674 $161

Full Coverage vs. Liability Insurance Costs

Liability-only insurance is cheaper because it only covers the cost of repairs to another driver’s car caused by an at-fault accident and does not cover repairs or medical bills for you.

Below is a table of the average annual costs of full-coverage and liability-only policies in the state of Indiana:

Full-coverage policy

Liability-only policy


The Best Indiana Car Insurance Companies

The three best automobile insurance companies in Indiana are State Farm, Progressive, and Allstate Corp.

We accessed EverQuote to compare companies with more than 2% of the market share in the state. We removed duplicate company listings in the data.

Companies with lower Market-Share-to-Complaint Ratios indicate fewer complaints and happier claimants. You can see all of the rankings below.

Insurance Company

Market Share Percent of Total Complaints Complaint Index
State Farm. 22.22 N/A 0.40
Progressive 12.18 N/A 0.86
Allstate Corp. 7.7 N/A 4.07
Indiana Farm Bureau 7.27 N/A N/A
Berkshire Hathaway Inc./Geico 6.64 N/A 1.14
Liberty Mutual 5.07 N/A 11.56
American Family Insurance 4.73 N/A 0.40
Erie Insurance 3.94 N/A 0.24
Auto-Owners Insurance 2.76 N/A 0.30
USAA 2.76 N/A 1.35
Indiana Farmers Mutual Insurance Co. 2.18 N/A 0.0
Nationwide 2.13 N/A 0.86

Complaint index numbers are national data from the National Association of Insurance Commissioners (NAIC).

Tips to Lower Insurance Premiums in Indiana

Drivers in Indiana can follow these tips to maximize discounts and minimize insurance premiums:

  • Shop for lenders
  • Keep your credit score high
  • Bundle insurance policies
  • Take a defensive driving class
  • Minimize how many miles you drive
  • Maintain a clean driving record

Research Methodology

We input an in-state address into an insurance quote generator to find the cheapest insurance rates for used vehicles with high safety ratings. We also used the following basic driver profile below to get insurance data for the 45 vehicles listed above.

Basic Driver Profile

  • 35-year-old male with a bachelor’s degree
  • Single and employed full time
  • Homeowner but did not bundle policies
  • Owns the vehicle rather than leases or finances it
  • Has been with the current insurance carrier for five or more years

We used vehicles on the IIHS 2021 Top Safety Pick+ 2021 list. The IIHS is an independent, nonprofit organization that collects safety data for cars on the market.

We used the following limits for liability-only quotes:

  • $100,000/$300,000 liability limits
  • $100,000 property damage limits
  • $10,000 personal injury protection

For the full-coverage quotes, we included the following coverages with the liability selections:

  • $1,000 deductible on collision coverage
  • $1,000 deductible for comprehensive coverage
  • $50/$1,500 rental reimbursement
  • $100 roadside assistance

Frequently Asked Questions

What is the cheapest SUV to insure in Indiana?

The 2021 Volvo XC40 is the cheapest SUV to insure in Indiana. A full-coverage policy will only cost you $317 a month.

Are older cars cheaper to insure?

In general, older cars are cheaper to insure. Cars depreciate (decrease in value) over time, and the older the car, the more it depreciates. This reduces the amount an insurance company would pay to replace the vehicle in an accident.

How much liability insurance is required in Indiana?

Indiana requires drivers to carry minimum liability insurance coverage of $25,000 bodily injury per person, $50,000 bodily injury per accident, and $25,000 for property damage.

Insurance rates for liability coverage vary by the driver’s age, marital status, driving record, credit score, and zip code.

What is the penalty for driving without insurance in Indiana?

The penalties for drivers caught without insurance in Indiana include the possibility of being unable to drive for a year, per the Indiana Bureau of Motor Vehicles. First offenders face a $250 reinstatement fee, driver’s license suspension of at least 90 days, and an SR-22 certificate for 180 days.

For a second offense there is a $500 reinstatement fee and your driver’s license will be suspended for one year, with the possibility of having your registration suspended for one year. You’ll also have to have an SR-22 certificate for three years.

After your third or subsequent offense, you’ll face a $1,000 reinstatement fee with your driver’s license suspended for one year and maybe your registration as well. In addition, you’ll have to have an SR-22 certificate for five years.

What is the basic insurance for a car?

Liability-only coverage is the basic insurance for a car. This insurance covers the cost of property damage to the other driver in an at-fault accident. Lenders may require drivers to purchase full-coverage insurance, including comprehensive and collision coverage.

What car has the highest insurance rates?

Luxury, rare, and high-performance cars often get higher insurance rate quotes, due to their more expensive replacement costs. Shop lenders to find the cheapest car insurance if you have any of the abovementioned vehicles.


  1. (2019.) Largest Auto Insurance Companies in Indiana. EverQuote. Retrieved April 17, 2023, from https://www.everquote.com/blog/car-insurance/largest-companies-indiana/
  2. (2023.) Consumer Insurance Search Results. National Association of Insurance Commissioners. Retrieved April 17, 2023, from https://content.naic.org/cis_refined_results.htm
  3. (2023.) 2021 Auto Complaint Index. Indiana Department of Insurance. Retrieved April 17, 2023, from https://www.in.gov/idoi/files/2021Auto.pdf and https://www.in.gov/idoi/consumer-services/complaint-index/company-complaint-index/
  4. (2023.)  How Much Is Car Insurance in Indiana? (2023 Averages). MoneyGeek. Retrieved April 17, 2023, from https://www.moneygeek.com/insurance/auto/average-cost-car-insurance-indiana/
  5. (2023.) Why Insurance Rates Are Cheaper with Older Vehicles. Carvana 360. Retrieved April 17, 2023, from https://blog.carvana.com/2021/11/why-insurance-rates-are-cheaper-with-older-vehicles/
  6. (2023.)  Auto Insurance. Indiana Department of Insurance. Retrieved April 17, 2023, from https://www.in.gov/idoi/consumer-services/types-of-insurance/auto-insurance/
  7. (2023.) SR-22 Insurance in Indiana: What Is It? How Much Does It Cost? ValuePenguin. Retrieved April 17, 2023, from https://www.valuepenguin.com/car-insurance/sr-22-indiana
FIXD Research Team

At FIXD, our mission is to make car ownership as simple, easy, and affordable as possible. Our research team utilizes the latest automotive data and insights to create tools and resources that help drivers get peace of mind and save money over the life of their car.

We’re here to help you simplify car care and save, so this post may contain affiliate links to help you do just that. If you click on a link and take action, we may earn a commission. However, the analysis and opinions expressed are our own.


About the Author

FIXD Research Team

FIXD Research Team

At FIXD, our mission is to make car ownership as simple, easy, and affordable as possible. Our research team utilizes the latest automotive data and insights to create tools and resources that help drivers get peace of mind and save money over the life of their car.

You might also like

Explore Car Resources

car insurance icons

Car Insurance

Find the best insurance deals for your car

Car Buying

Everything you need to know about buying a vehicle

FIXD Team logo

Car Care

Car repair costs, how-to guides, and more

car buying icons

Vehicle Search

Search any make/model for reviews, parts and more