Cheapest Car Insurance Quotes in Speedway

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Speedway Car Insurance

^$ 24

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Speedway

The car insurance rate in Speedway is $747 for a six-month policy, which is $80 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $452, making it a popular choice for budget-conscious drivers. Rates in Speedway can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Speedway

$747

Avg. Car Insurance in Indiana

$667

National Average

$1140

Cheapest Car Insurance Companies in Speedway

1st place: AutoOwners Insurance Co

At $452 for a six month policy, AutoOwners Insurance Co offers the cheapest auto insurance rates in the city.

2nd place: Westfield

Westfield offers auto insurance rates at $459 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Nationwide

Nationwide offers auto insurance rates at $572 for six months, making it the third cheapest auto insurance company in Speedway.

Speedway Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Speedway, IN is AutoOwners Insurance Co, offering policies at just $452 for a six-month term. This is followed by Westfield, which has an average six-month premium of $459.

At the higher end of the spectrum, Allstate is the most expensive, with rates reaching $1384 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Speedway drivers find the best deals.

Cheap Car Insurance Companies in Speedway, IN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$452	$75
Westfield	$459	$78
Nationwide	$572	$96
American Family	$592	$100
USAA	$632	$106
Hastings Mutual	$638	$108
Travelers	$706	$119
Hastings Insurance	$719	$122
Progressive	$738	$124
Auto-Owners	$765	$129
State Farm	$1025	$172
Farm Bureau	$1032	$176
Allstate	$1384	$233

Key Takeaways

Way's key takeaways about car insurance in Speedway

The auto insurance costs in Speedway fall around $452 for six months.
The cheapest auto insurance company in Speedway is Westfield.
Teen drivers pay the highest rate in Speedway at $615 per month.

High Rates Shouldn’t Drive You Out of Pocket.

Save up to $971/yr with our auto insurance quotes

Cheapest Minimum Liability Car Insurance in Speedway

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Speedway are given below.

Westfield provides the cheapest minimum car insurance coverage in Speedway. Their Average 6 Month Premium is $140. Farmers is the most expensive at $253 for the same period.

Cheapest Liability Coverage in Speedway, IN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$140	$24
USAA	$179	$30
Auto-Owners Insurance Co	$186	$31
Hastings Mutual	$199	$34
Indiana Farmers	$206	$35
American Family	$226	$38
Auto-Owners	$226	$38
Progressive	$240	$40
Grange	$246	$41
Travelers	$253	$43
SafeAuto	$273	$46
State Farm	$292	$49
Farm Bureau	$333	$57
Allstate	$545	$92
Farmers	$253	$43

Cheapest Full Coverage Car Insurance in Speedway

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Speedway is AutoOwners Insurance Co at $75 per month and $452 for six months.

Cheapest Full Coverage Car Insurance Quotes in Speedway, IN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$452	$75
Westfield	$459	$78
Nationwide	$572	$96
American Family	$592	$100
USAA	$632	$106
Hastings Mutual	$638	$108
Travelers	$706	$119
Hastings Insurance	$719	$122
Progressive	$738	$124
Auto-Owners	$765	$129
State Farm	$1025	$172
Farm Bureau	$1032	$176
Allstate	$1384	$233

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Average Car Insurance in Speedway by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Speedway, IN increasing?

Despite maintaining a clean driving record, your car insurance rates in Speedway, Indiana, may be increasing due to several external factors. Indiana has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Speedway's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Speedway

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
30s	USAA	$480
40s	USAA	$450
50s	USAA	$426
60s	USAA	$444
70s	Buckeye Insurance Group	$474

Cheapest Car Insurance Rates for Teen Drivers in Speedway,IN

If you are planning to get a car insurance policy for your teenage dependent, Westfield provides the cheapest car insurance in the Speedway at $28 per month. At $3619 for a six-month premium, Farm Bureau offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$167	$28
Auto-Owners Insurance Co	$240	$40
Grange	$260	$44
USAA	$532	$90
Travelers	$805	$136
Progressive	$932	$157
American Family	$1623	$273
Auto-Owners	$2163	$361
State Farm	$2249	$382
Allstate	$2675	$446
Farm Bureau	$3619	$615

Teen Car Insurance Rates in IN by Age

Way Tip

If you are in your twenties USAA is the best choice for car insurance in Speedway.

As young drivers face the highest rates in Speedway, USAA offers the cheapest auto insurance rates at $480 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Speedway, Westfield is the cheapest car insurance provider. At $267 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Speedway is State Farm, offering rates of around $3267 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$267	$45
Nationwide	$312	$53
Grange	$333	$56
Travelers	$738	$124
Progressive	$778	$131
USAA	$851	$144
American Family	$912	$153
Allstate	$1104	$186
Farm Bureau	$2102	$351
Auto-Owners	$2269	$385
State Farm	$3267	$544

Escape the Trap of Rising Insurance Costs.

Save up to $971/yr on car insurance rates in Speedway.

Car Insurance Rates with An Accident in Speedway

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Speedway, IN, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Speedway

The cheapest car insurance companies after an at-fault accident in Speedway include AutoOwners Insurance Co and Indiana Farmers, offering $260 and $267, respectively. Allstate is an expensive provider with an average six-month premium of $2202.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$260	$44
Indiana Farmers	$267	$45
Grange	$292	$49
Farmers	$339	$58
USAA	$452	$76
Travelers	$525	$88
Auto-Owners	$539	$91
Progressive	$579	$97
State Farm	$618	$104
American Family	$844	$142
Farm Bureau	$1537	$256
Allstate	$2202	$374

Speedway Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Speedway IN. For example, the car insurance in Speedway after a DUI increases to $845 for a six month policy. While the rate increases by $206 for a six-month policy in the case of a speeding ticket.

Speedway auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$918	$153
One Med/PIP claim	$918	$156
Not-at-fault accident	$971	$162
Two Med/PIP claims	$984	$167
One comp claim	$991	$166
Failure to show documents	$1038	$177
Failure to wear a seat belt	$1045	$174
Two comp claims	$1052	$179
Child safety restraint	$1064	$177
Driving without lights	$1064	$181
Driving with expired registration	$1104	$184
Speeding 6 - 10 MPH over limit	$1124	$192
Driving too slowly	$1131	$188
Failure to yield	$1131	$193
Following too closely	$1131	$188
Illegal turn	$1131	$193
Speeding in school zone	$1131	$188
Cell phone violation	$1138	$194
Speeding 11 - 15 MPH over limit	$1138	$189
Texting while driving	$1138	$194
Wrong way/wrong lane	$1138	$189
Failure to stop at a red light	$1145	$195
Improper passing	$1151	$192
Speeding 16 - 20 MPH over limit	$1151	$196
At-fault accident - less than $1000	$1165	$194
Passing school bus	$1184	$202
Speeding 21 - 25 MPH over limit	$1244	$207
At-fault accident - $1000-$2000	$1284	$218
In 65 MPH zone	$1304	$217
At-fault accident - greater than $2000	$1310	$223
Operating a vehicle without permission	$1403	$234
Open container	$1417	$241
Racing	$1723	$287
Reckless driving	$1729	$295
Refusal to submit to a chemical test	$1749	$291
DUI	$1763	$300
Leaving scene of an accident/hit and run	$1796	$299
Driving with a suspended license	$1810	$308

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Speedway after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Speedway.

The cheapest car insurance premiums in Speedway are offered by Grange at $412 for a six-month policy. However, it can be as expensive as $2102 with companies like Hastings Mutual.

Speedway car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Grange	$412	$68
Travelers	$552	$93
Progressive	$599	$101
USAA	$659	$111
American Family	$918	$155
State Farm	$1071	$180
Farm Bureau	$1224	$206
Allstate	$1277	$215
Auto-Owners	$1723	$290
Hastings Mutual	$2102	$357

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Speedway are offered by Westfield at $172. However, it can be as expensive as $1723 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in Speedway after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$172	$29
Auto-Owners Insurance Co	$240	$40
State Farm	$525	$88
Travelers	$572	$96
USAA	$586	$100
American Family	$599	$101
Progressive	$625	$105
Auto-Owners	$805	$134
Farm Bureau	$1238	$211
Allstate	$1723	$287

Car Insurance Price Trends in Speedway, Indiana

Car insurance rates in Speedway have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Speedway remained steady at $150 in both December and November, indicating no change over the two month period.

The average cost of liability insurance in the Speedway remained steady at $44 in both December and November, indicating no change over the two month period.

Our Insurance Agent Experts

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Principal

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Senior Director of Insurance Operations

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Frequently Asked Questions

How much is car insurance in Speedway?

The car insurance in Speedway is $24 per month, which is lower than the national average.

What is the cheapest car insurance in Speedway?

The cheapest car insurance in Speedway is $75 per month for full coverage.

How much is car insurance in Speedway for teenagers?

Car insurance for teenagers costs $167 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Speedway?

The average cost of car insurance is $667 for a six-month policy. It will cost around $125 per month to insure your car in Speedway.

Is car insurance expensive in Speedway?

Car insurance can be expensive in Speedway if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Speedway can be affordable.

Cheapest Car Insurance Quotes in Speedway

Why you can trust Way?

How Much Is Car Insurance in Speedway

Avg. Car Insurance in Speedway

Avg. Car Insurance in Indiana

National Average

Cheapest Car Insurance Companies in Speedway

1st place: AutoOwners Insurance Co

2nd place: Westfield

3rd place: Nationwide

Speedway Car Insurance Rates by Company

Cheap Car Insurance Companies in Speedway, IN

Way's key takeaways about car insurance in Speedway

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Speedway

Cheapest Liability Coverage in Speedway, IN

Cheapest Full Coverage Car Insurance in Speedway

Cheapest Full Coverage Car Insurance Quotes in Speedway, IN

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Speedway by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Speedway, IN increasing?

Car Insurance Premiums by Age in Speedway

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Speedway,IN

If you are in your twenties USAA is the best choice for car insurance in Speedway.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Speedway

Cheapest Car Insurance Companies after an At-Fault Accident in Speedway

Speedway Car Insurance Rates by Violation

Speedway auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Speedway after a DUI

Speedway car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Speedway after Speeding ticket

Car Insurance Price Trends in Speedway, Indiana

Average Car Insurance Cost in Speedway by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Speedway, IN

Car Insurance Rates by State in the USA (2025 Update)

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