Best and cheapest homeowners insurance in Indiana for 2024

Best home insurance companies in Indiana: Erie Insurance

The best home insurance company in Indiana for 2024 is Erie Insurance. Auto-Owners, State Farm, Nationwide, American Family, and Allstate are among the top home insurance companies in Indiana based on price, NAIC complaints, and AM Best financial ratings.

The total Insurance.com score is calculated out of five using these factors.

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Best home insurance in Indiana
Company	AM Best	NAIC complaint ratio	Insurance.com score	Average annual rate
Erie Insurance	A+	0.52	4.61	$2,460
Auto-Owners	A++	0.37	4.40	$3,127
State Farm	A++	0.83	4.13	$2,267
Nationwide	A+	1.05	3.73	$2,809
American Family	A	0.80	3.65	$2,275
Allstate	A+	1.46	3.43	$1,186
Farmers	A	0.67	3.36	$3,543
Travelers	A++	1.10	2.60	$8,092

Data updated in 2024

Cheapest home insurance companies in Indiana: Allstate

Below are Indiana home insurance rates by company for five different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible.

Based on our analysis, Allstate is the cheapest home insurance company for all coverage levels. At $1,186 per year, Allstate offers the most affordable home insurance for $300,000 dwelling coverage, one of the most preferred coverage limits.

Cheapest home insurance in Indiana
Company	$200,000	$300,000	$400,000	$600,000	$1,000,000
Allstate	$1,055	$1,186	$1,319	$1,669	$2,366
Indiana Farmers	$1,223	$1,679	$2,136	$3,012	$4,711
State Farm	$1,829	$2,267	$2,518	$3,376	$4,696
American Family	$1,815	$2,275	$2,713	$3,562	$5,141
USAA*	$1,892	$2,435	$2,897	$3,752	$5,359
Erie Insurance	$1,767	$2,460	$3,171	$4,506	$7,409
Nationwide	$2,039	$2,809	$3,553	$5,037	$7,786
Auto-Owners	$2,428	$3,127	$3,884	$5,267	$9,207
Farmers	$2,678	$3,543	$4,859	$7,499	$12,687
Indiana Farm Bureau	$3,340	$4,414	$5,521	$8,202	$13,564
Travelers	$6,603	$8,092	$9,455	$13,964	$21,574

Data updated in 2024

*USAA only provides coverage to military members, veterans and their families.

Average home insurance cost in Indiana

The average cost of homeowners insurance in Indiana is $2,991 a year or $249 a month. This is based on coverage of:

$300,000 dwelling
$300,000 liability
$1,000 deductible.

However, the average annual premium varies by the insurance company, your ZIP code, coverage type, and your home's age, among other factors. It’s a good idea to compare price quotes from different Indiana homeowners insurance companies to get the best deal.

Indiana home insurance rates by ZIP code

Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Illinois to see which areas are the most and least expensive.

Enter your ZIP code and desired coverage level in the search box to see the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.

Home insurance calculator

Average home insurance rates in Texas

Most & least expensive ZIP codes for homeowners insurance in Texas

Most expensive

ZIP code	City	Highest rate
77550	Galveston	$10,164
77586	El Lago	$9,906
77551	Galveston	$9,536
77554	Galveston	$9,358

Least expensive

ZIP code	City	Lowest rate
78559	Iglesia Antigua	$1,956
78593	Santa Rosa	$1,999
79915	El Paso	$2,008
79905	El Paso	$2,009

Data updated in 2024

Read our methodology

The Indiana Department of Insurance says...

Remember that the amount of insurance on your home is the basis on which the other policy coverages are determined. Insured amounts on personal property, other unattached structures (such as garage, shed, etc.), and additional living expenses (in case damage makes your home temporarily unlivable) are all set percentages of the amount of insurance on your home. Those percentages can usually be increased with a minor premium adjustment.
For example, your contents are typically covered for 50% of the amount on the dwelling. If your policy provides $100,000 insurance on your home, your contents will be insured for $50,000.

- The Indiana Department of Insurance

The most expensive ZIP codes in Indiana for home insurance

Indiana homeowners insurance rates are the most expensive for ZIP code 46403 with an average annual cost of $3,773.

The most expensive ZIP codes in Indiana are:

ZIP code	Average annual rates
46403	$3,773
46407	$3,666
46404	$3,653
46408	$3,575
46402	$3,544
46409	$3,532

Data updated in 2024

The least expensive ZIP codes in Indiana for home insurance

The cheapest ZIP codes for home insurance in Indiana are:

ZIP code	Average annual rate
46537	$2,435
46345	$2,450
46771	$2,452
46502	$2,464
46796	$2,468
46346	$2,469

Data updated in 2024

Indiana homeowners insurance rates by county

County	Average annual premium	Average monthly premium
Adams	$2,716	$226
Allen	$2,782	$232
Bartholomew	$2,948	$246
Benton	$2,893	$241
Blackford	$2,937	$245
Boone	$2,973	$248
Brown	$3,045	$254
Carroll	$2,831	$236
Cass	$2,797	$233
Clark	$3,177	$265
Clay	$3,183	$265
Clinton	$2,961	$247
Crawford	$3,278	$273
Daviess	$3,272	$273
Dearborn	$2,956	$246
Decatur	$2,888	$241
DeKalb	$2,754	$229
Delaware	$3,001	$250
Dubois	$3,113	$259
Elkhart	$2,673	$223
Fayette	$2,864	$239
Floyd	$3,150	$263
Fountain	$2,908	$242
Franklin	$2,880	$240
Fulton	$2,684	$224
Gibson	$3,241	$270
Grant	$2,936	$245
Greene	$3,169	$264
Hamilton	$3,049	$254
Hancock	$3,053	$254
Harrison	$3,159	$263
Hendricks	$3,130	$261
Henry	$2,942	$245
Howard	$2,792	$233
Huntington	$2,760	$230
Jackson	$3,126	$261
Jasper	$2,891	$241
Jay	$2,938	$245
Jefferson	$3,178	$265
Jennings	$3,103	$259
Johnson	$3,158	$263
Knox	$3,131	$261
Kosciusko	$2,734	$228
LaGrange	$2,621	$218
Lake	$3,152	$263
LaPorte	$2,783	$232
Lawrence	$3,060	$255
Madison	$3,007	$251
Marion	$3,253	$271
Marshall	$2,689	$224
Martin	$3,232	$269
Miami	$2,771	$231
Monroe	$2,906	$242
Montgomery	$2,996	$250
Morgan	$3,154	$263
Newton	$2,887	$241
Noble	$2,721	$227
Ohio	$3,083	$257
Orange	$3,232	$269
Owen	$3,227	$269
Parke	$3,083	$257
Perry	$3,142	$262
Pike	$3,221	$268
Porter	$2,792	$233
Posey	$3,251	$271
Pulaski	$2,991	$249
Putnam	$3,115	$260
Randolph	$2,955	$246
Ripley	$2,907	$242
Rush	$2,981	$248
Scott	$3,139	$262
Shelby	$3,066	$256
Spencer	$3,189	$266
St. Joseph	$2,800	$233
Starke	$2,911	$243
Steuben	$2,733	$228
Sullivan	$3,136	$261
Switzerland	$3,050	$254
Tippecanoe	$2,814	$234
Tipton	$2,887	$241
Union	$2,960	$247
Vanderburgh	$3,077	$256
Vermillion	$3,011	$251
Vigo	$3,147	$262
Wabash	$2,785	$232
Warren	$2,967	$247
Warrick	$3,328	$277
Washington	$3,237	$270
Wayne	$2,852	$238
Wells	$2,829	$236
White	$2,912	$243
Whitley	$2,739	$228

Data updated in 2024

Compare homeowners insurance rates by city in Indiana

Home insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on home insurance for your specific city in Indiana.

City	Annual insurance premium
Fort Wayne	$2,125
Gary	$2,745
Granger	$1,990
Indianapolis	$2,484
Munster	$2,225

Data updated in 2024

Frequently asked questions about Indiana homeowners insurance

What does standard home insurance cover?

Standard home insurance includes coverage for your dwelling and personal property, in addition to coverage for other structures. Most policies also include liability protection in case there are injuries or damage to property.

How do I get a quote for Indiana home insurance?

To find the cheapest home insurance in Indiana, you can use our homeowner quote calculator to find sample costs for your area and shop the best homeowners insurance in Indiana for your personal needs.