Best Indiana Home Insurance (August 23)
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Are you looking for the best home insurance companies in Indiana? We have analyzed all insurers in the state to provide you with the best Indiana home insurance rates.
Key Takeaways
- An average Indiana homeowners insurance costs $1,542 annually.
- Insurers offer home insurance policies in the state starting at around $944 yearly.
- Ensure to buy insurance to cover flood damage in the state.
Indiana homeowners insurance: What you need to know
On average, homeowners insurance in Indiana costs around $1,542 annually. Windstorms are common in Indiana, so if you live there, you’ll want solid home insurance coverage that offers full coverage for your home and belongings. Our review will help you find the best home insurance quotes in Indiana.
What does a homeowners insurance policy cover?
Typically a homeowners insurance policy offers coverage for Dwelling, Liability, Personal property, Other Structures, Medical Payments to Others, and Additional Living Expenses. Similarly, you can buy these additional coverages in the state.
- Flood insurance: Because flooding is the most common natural disaster in the country, it is a coverage worth considering. So, you must purchase a separate, dedicated flood insurance policy to protect your home from flood damage.
- Roof replacement cost: If your roof is in good condition, you may be eligible for roof replacement cost coverage. Winds, hail, and tornadoes can cause roof damage. This coverage can help ensure your reimbursement to rebuild the damaged parts of your roof rather than considering depreciation for a claims payout.
- Sewer backup: Basement owners may want to add water and sewer backup coverage to their existing policies. If you don’t have a basement, this add-on coverage may help you cover the expense if drain-line backups cause damage to your property. It also includes coverage for sump-pump failures during a power outage.
What isn’t covered by a typical homeowners insurance policy?
Homeowners insurance policies typically don’t cover war, flooding, power outages, earthquakes, nuclear threats, insect and vermin infestations, sinkholes, intentional loss, or wear and tear. So, you must thoroughly review your policy coverages before buying one.
The cheapest home insurance companies in Indiana
With an average annual rate of $944, Cincinnati Insurance offers Indiana’s cheapest home insurance policy. Indiana Farm Bureau offers the second-best Indiana home insurance with a yearly average rate of $1,050. Suppose you’re looking for even cheaper homeowners insurance in Indiana. In that case, it is best to compare the quotes from all the insurers and buy one.
| Insurer | Average annual rate |
|---|---|
| Cincinnati Insurance | $944 |
| Indiana Farm Bureau | $1,050 |
| Farmers | $1,170 |
| Allstate | $1,180 |
| Safeco | $1,229 |
The best homeowners insurance in Indiana for those with poor credit
Insurers often charge high rates for customers with poor credit since they’re likely to pay late or file a claim often. Allstate has the cheapest insurance rates in Indiana for a homeowner with bad credit, with an average yearly premium of $1,320. Indiana Farm Bureau has the highest, with an average yearly premium of $4,880.
| Insurer | Average annual rate |
|---|---|
| Allstate | $1,320 |
| American Family | $2,170 |
| Erie | $3,421 |
| State Farm | $3,449 |
| Indiana Farm Bureau | $4,880 |
The best homeowners insurance in Indiana for pool owners
Due to the high probability of injuries and liability claims, pool owners frequently face higher home insurance rates. Allstate has the lowest home insurance rates for Indiana homes with swimming pools, with an average yearly premium of $873. At the same time, Indiana Farm Bureau is the most expensive, with an average annual premium of $3,285.
| Insurer | Average annual rate |
|---|---|
| Allstate | $873 |
| American Family | $1,333 |
| Erie | $1,698 |
| State Farm | $2,015 |
| Indiana Farm Bureau | $3,285 |
The best homeowners insurance in Indiana for dog owners
Some insurers consider certain dog breeds as ‘dangerous.’ Because dog owners are frequently responsible for bite-related liability claims, they may see higher home insurance rates. Allstate has the lowest Indiana home insurance rates for a home with a dangerous dog breed, with an average yearly premium of $873. In comparison, Indiana Farm Bureau has the highest home insurance quotes in Indiana, with an average yearly premium of $3,285.
| Insurer | Average annual rate |
|---|---|
| Allstate | $873 |
| American Family | $1,332 |
| Erie | $1,541 |
| State Farm | $2,015 |
| Indiana Farm Bureau | $3,285 |
Homeowners insurance deductibles in Indiana
Another crucial factor impacting Indiana home insurance rates is your set deductible amount. A deductible is an amount a homeowner must pay before an insurer covers the costs. The location of your deductible can significantly impact the cost of your insurance. So, having a lower deductible means paying more for a home insurance policy.
As a result, a higher deductible will result in lower insurance rates. The table below shows the average rates associated with deductibles offered by most insurance companies.
| Deductible Level | Average annual rate |
|---|---|
| $500 | $1,301 |
| $1,000 | $1,225 |
| $1,500 | $1,134 |
| $2,000 | $1,084 |
| $5,000 | $884 |
Indiana home insurance prices by coverage levels
The amount of home insurance coverage you select also impacts your insurance premiums. In Indiana, homeowners with a dwelling coverage of $100,000 pay around $723 yearly. While those with a dwelling coverage of $400,000 pay around $1,728 annually.
| Dwelling coverage cost | Average annual rate |
|---|---|
| $100,000 | $723 |
| $200,000 | $1,050 |
| $250,000 | $1,225 |
| $400,000 | $1,728 |
Indiana homeowners insurance costs by city
The area where you live impacts the cost of homeowners insurance in Indiana. For instance, the rate will be higher if you live in a place with a high theft rate. The ZIP Code also is a vital factor in determining the rates. These are the Indiana home insurance rates in various cities.
| City | Average annual rate |
|---|---|
| Aberdeen | $1,348 |
| Advance | $1,821 |
| Akron | $1,511 |
| Alamo | $1,842 |
| Albany | $1,490 |
| Albion | $1,373 |
| Alexandria | $1,459 |
| Altona | $1,322 |
| Ambia | $1,524 |
| Amboy | $1,471 |
| Americus | $1,355 |
| Amo | $1,875 |
| Anderson | $1,452 |
| Andrews | $1,438 |
| Angola | $1,323 |
| Arcadia | $1,516 |
| Arcola | $1,338 |
| Argos | $1,421 |
| Arlington | $1,524 |
| Ashley | $1,355 |
| Athens | $1,787 |
| Atlanta | $1,547 |
| Attica | $1,492 |
| Atwood | $1,756 |
| Auburn | $1,325 |
| Aurora | $1,470 |
| Austin | $1,614 |
| Avilla | $1,363 |
| Avoca | $1,875 |
| Avon | $1,500 |
| Bainbridge | $1,523 |
| Bargersville | $1,569 |
| Bass Lake | $1,521 |
| Batesville | $1,461 |
| Bath | $1,433 |
| Battle Ground | $1,432 |
| Bedford | $1,591 |
| Beech Grove | $1,529 |
| Bellmore | $1,858 |
| Bennington | $1,564 |
| Bentonville | $1,774 |
| Berne | $1,371 |
| Bethlehem | $1,863 |
| Beverly Shores | $1,842 |
| Bicknell | $1,577 |
| Bippus | $1,760 |
| Birdseye | $1,549 |
| Blanford | $1,863 |
| Bloomfield | $1,589 |
| Bloomingdale | $1,595 |
| Bloomington | $1,418 |
| Bluffton | $1,357 |
| Boggstown | $1,538 |
| Boone Grove | $1,824 |
| Boonville | $1,629 |
| Borden | $1,654 |
| Boswell | $1,515 |
| Bourbon | $1,395 |
| Bowling Green | $1,751 |
| Bradford | $1,880 |
| Branchville | $1,592 |
| Brazil | $1,640 |
| Bremen | $1,351 |
| Bridgeton | $1,628 |
| Bright | $1,436 |
| Brimfield | $1,392 |
| Bringhurst | $1,583 |
| Bristol | $1,313 |
| Bristow | $1,596 |
| Brook | $1,514 |
| Brooklyn | $1,554 |
| Brookston | $1,469 |
| Brookville | $1,429 |
| Brownsburg | $1,480 |
| Brownstown | $1,539 |
| Brownsville | $1,491 |
| Bruceville | $1,629 |
| Bryant | $1,462 |
| Buckskin | $1,643 |
| Buffalo | $1,798 |
| Bunker Hill | $1,479 |
| Burket | $1,484 |
| Burlington | $1,833 |
| Burnettsville | $1,513 |
| Burns Harbor | $1,369 |
| Burrows | $1,806 |
| Butler | $1,360 |
| Butlerville | $1,551 |
| Cambridge City | $1,418 |
| Camby | $1,621 |
| Camden | $1,523 |
| Campbellsburg | $1,674 |
| Canaan | $1,602 |
| Cannelburg | $1,590 |
| Cannelton | $1,612 |
| Carbon | $1,699 |
| Carlisle | $1,672 |
| Carmel | $1,414 |
| Carthage | $1,491 |
| Cayuga | $1,563 |
| Cedar Grove | $1,495 |
| Cedar Lake | $1,335 |
| Celestine | $1,600 |
| Centerpoint | $1,684 |
| Centerville | $1,462 |
| Central | $1,586 |
| Chalmers | $1,453 |
| Chandler | $1,621 |
| Charlestown | $1,557 |
| Charlottesville | $1,538 |
| Chesterfield | $1,498 |
| Chesterton | $1,365 |
| Chrisney | $1,668 |
| Churubusco | $1,338 |
| Cicero | $1,448 |
| Clarks Hill | $1,473 |
| Clarksburg | $1,811 |
| Clarksville | $1,518 |
| Clay City | $1,676 |
| Claypool | $1,440 |
| Clayton | $1,598 |
| Clear Lake | $1,329 |
| Clermont | $1,595 |
| Clifford | $1,800 |
| Clinton | $1,563 |
| Coal City | $1,704 |
| Coalmont | $1,909 |
| Coatesville | $1,557 |
| Colfax | $1,492 |
| Columbia City | $1,340 |
| Columbus | $1,451 |
| Commiskey | $1,618 |
| Connersville | $1,422 |
| Converse | $1,488 |
| Cordry Sweetwater Lakes | $1,526 |
| Cortland | $1,850 |
| Corunna | $1,399 |
| Cory | $1,656 |
| Corydon | $1,566 |
| Country Club Heights | $1,438 |
| Country Squire Lakes | $1,548 |
| Covington | $1,537 |
| Craigville | $1,381 |
| Crandall | $1,587 |
| Crane | $1,643 |
| Crane Naval Depot | $1,636 |
| Crawfordsville | $1,474 |
| Cromwell | $1,385 |
| Cross Plains | $1,690 |
| Crothersville | $1,629 |
| Crown Point | $1,336 |
| Culver | $1,440 |
| Cumberland | $1,594 |
| Cutler | $1,560 |
| Cynthiana | $1,624 |
| Dale | $1,618 |
| Daleville | $1,514 |
| Dana | $1,665 |
| Danville | $1,530 |
| Darlington | $1,568 |
| Dayton | $1,397 |
| De Motte | $1,461 |
| Decatur | $1,336 |
| Decker | $1,625 |
| Deedsville | $1,797 |
| Delong | $1,798 |
| Delphi | $1,494 |
| Denver | $1,473 |
| Depauw | $1,632 |
| Deputy | $1,602 |
| Derby | $1,597 |
| Dillsboro | $1,521 |
| Donaldson | $1,772 |
| Dublin | $1,801 |
| Dubois | $1,599 |
| Dugger | $1,629 |
| Dunkirk | $1,449 |
| Dunlap | $1,291 |
| Dunreith | $1,808 |
| Dupont | $1,633 |
| Dyer | $1,277 |
| Earl Park | $1,538 |
| East Chicago | $1,526 |
| East Enterprise | $1,856 |
| Eaton | $1,486 |
| Eckerty | $1,691 |
| Economy | $1,495 |
| Edgewood | $1,436 |
| Edinburgh | $1,491 |
| Edwardsport | $1,622 |
| Elberfeld | $1,623 |
| Elizabeth | $1,608 |
| Elizabethtown | $1,514 |
| Elkhart | $1,307 |
| Ellettsville | $1,467 |
| Elnora | $1,637 |
| Elwood | $1,418 |
| Eminence | $1,859 |
| English | $1,622 |
| Etna Green | $1,417 |
| Evanston | $1,637 |
| Evansville | $1,496 |
| Fair Oaks | $1,600 |
| Fairland | $1,522 |
| Fairmount | $1,512 |
| Fairview Park | $1,567 |
| Falmouth | $1,549 |
| Farmersburg | $1,601 |
| Farmland | $1,527 |
| Fillmore | $1,581 |
| Finly | $1,814 |
| Fish Lake | $1,440 |
| Fishers | $1,417 |
| Flat Rock | $1,464 |
| Flora | $1,492 |
| Florence | $1,585 |
| Floyds Knobs | $1,574 |
| Fontanet | $1,886 |
| Fort Branch | $1,559 |
| Fort Wayne | $1,313 |
| Fortville | $1,470 |
| Fountain City | $1,449 |
| Fountaintown | $1,538 |
| Fowler | $1,501 |
| Fowlerton | $1,832 |
| Francesville | $1,545 |
| Francisco | $1,648 |
| Frankfort | $1,462 |
| Franklin | $1,574 |
| Frankton | $1,490 |
| Fredericksburg | $1,709 |
| Freedom | $1,661 |
| Freelandville | $1,860 |
| Freetown | $1,609 |
| Fremont | $1,326 |
| French Lick | $1,644 |
| Friendship | $1,856 |
| Fulda | $1,842 |
| Fulton | $1,777 |
| Galveston | $1,504 |
| Garrett | $1,317 |
| Gary | $1,618 |
| Gas City | $1,473 |
| Gaston | $1,495 |
| Geneva | $1,409 |
| Gentryville | $1,601 |
| Georgetown | $1,593 |
| Glenwood | $1,506 |
| Goldsmith | $1,786 |
| Goodland | $1,496 |
| Goshen | $1,270 |
| Gosport | $1,628 |
| Grabill | $1,370 |
| Grammer | $1,513 |
| Grandview | $1,650 |
| Granger | $1,242 |
| Grantsburg | $1,575 |
| Grass Creek | $1,790 |
| Graysville | $1,859 |
| Greencastle | $1,541 |
| Greendale | $1,437 |
| Greenfield | $1,493 |
| Greens Fork | $1,504 |
| Greensburg | $1,484 |
| Greentown | $1,452 |
| Greenwood | $1,514 |
| Griffin | $1,659 |
| Griffith | $1,425 |
| Grissom AFB | $1,606 |
| Grovertown | $1,539 |
| Guilford | $1,491 |
| Gwynneville | $1,850 |
| Hagerstown | $1,473 |
| Hamilton | $1,367 |
| Hamlet | $1,509 |
| Hammond | $1,505 |
| Hanna | $1,487 |
| Hanover | $1,570 |
| Hardinsburg | $1,665 |
| Harlan | $1,382 |
| Harrodsburg | $1,438 |
| Hartford City | $1,472 |
| Hartsville | $1,519 |
| Hatfield | $1,860 |
| Haubstadt | $1,628 |
| Hayden | $1,552 |
| Hazleton | $1,636 |
| Hebron | $1,386 |
| Helmsburg | $1,843 |
| Heltonville | $1,586 |
| Hemlock | $1,798 |
| Henryville | $1,625 |
| Heritage Lake | $1,544 |
| Hidden Valley | $1,424 |
| Highland | $1,439 |
| Hillsboro | $1,585 |
| Hillsdale | $1,637 |
| Hoagland | $1,428 |
| Hobart | $1,406 |
| Hobbs | $1,791 |
| Holland | $1,554 |
| Holton | $1,626 |
| Homecroft | $1,606 |
| Homer | $1,823 |
| Hope | $1,484 |
| Howe | $1,405 |
| Hudson | $1,390 |
| Hudson Lake | $1,435 |
| Huntertown | $1,313 |
| Huntingburg | $1,518 |
| Huntington | $1,337 |
| Huron | $1,866 |
| Hymera | $1,871 |
| Idaville | $1,505 |
| Indian Heights | $1,398 |
| Indianapolis | $1,607 |
| Ingalls | $1,456 |
| Inglefield | $1,830 |
| Ireland | $1,809 |
| Jamestown | $1,497 |
| Jasonville | $1,604 |
| Jasper | $1,481 |
| Jeffersonville | $1,635 |
| Jonesboro | $1,514 |
| Jonesville | $1,511 |
| Kempton | $1,495 |
| Kendallville | $1,342 |
| Kennard | $1,826 |
| Kentland | $1,506 |
| Kewanna | $1,487 |
| Keystone | $1,493 |
| Kimmell | $1,416 |
| Kingman | $1,616 |
| Kingsbury | $1,800 |
| Kingsford Heights | $1,786 |
| Knightstown | $1,476 |
| Knightsville | $1,642 |
| Knox | $1,526 |
| Kokomo | $1,399 |
| Koleen | $1,871 |
| Koontz Lake | $1,442 |
| Kouts | $1,414 |
| Kurtz | $1,841 |
| La Crosse | $1,477 |
| La Fontaine | $1,494 |
| La Paz | $1,757 |
| La Porte | $1,368 |
| Laconia | $1,597 |
| Ladoga | $1,533 |
| Lafayette | $1,334 |
| Lagrange | $1,365 |
| Lake Cicott | $1,786 |
| Lake Dalecarlia | $1,374 |
| Lake Santee | $1,480 |
| Lake Station | $1,481 |
| Lake Village | $1,493 |
| Lakes Of The Four Seasons | $1,364 |
| Laketon | $1,417 |
| Lakeville | $1,420 |
| Lamar | $1,631 |
| Landess | $1,533 |
| Lanesville | $1,595 |
| Laotto | $1,395 |
| Lapel | $1,491 |
| Larwill | $1,392 |
| Lawrence | $1,592 |
| Lawrenceburg | $1,425 |
| Leavenworth | $1,649 |
| Lebanon | $1,437 |
| Leesburg | $1,352 |
| Leiters Ford | $1,795 |
| Leo | $1,345 |
| Leo-Cedarville | $1,347 |
| Leopold | $1,608 |
| Leroy | $1,758 |
| Lewis | $1,713 |
| Lewisville | $1,541 |
| Liberty | $1,443 |
| Liberty Center | $1,422 |
| Liberty Mills | $1,780 |
| Ligonier | $1,333 |
| Lincoln City | $1,592 |
| Linden | $1,479 |
| Linn Grove | $1,738 |
| Linton | $1,587 |
| Lizton | $1,564 |
| Logansport | $1,436 |
| Long Beach | $1,391 |
| Loogootee | $1,581 |
| Losantville | $1,533 |
| Lowell | $1,374 |
| Lucerne | $1,484 |
| Lynn | $1,476 |
| Lynnville | $1,643 |
| Lyons | $1,634 |
| Mackey | $1,887 |
| Macy | $1,487 |
| Madison | $1,555 |
| Manilla | $1,511 |
| Marengo | $1,693 |
| Mariah Hill | $1,557 |
| Marion | $1,462 |
| Markle | $1,406 |
| Markleville | $1,532 |
| Marshall | $1,580 |
| Martinsville | $1,593 |
| Marysville | $1,651 |
| Matthews | $1,830 |
| Mauckport | $1,607 |
| Maxwell | $1,829 |
| Mays | $1,504 |
| McCordsville | $1,464 |
| Mecca | $1,847 |
| Medaryville | $1,504 |
| Medora | $1,689 |
| Mellott | $1,816 |
| Melody Hill | $1,483 |
| Memphis | $1,599 |
| Mentone | $1,441 |
| Meridian Hills | $1,577 |
| Merom | $1,623 |
| Merrillville | $1,371 |
| Metamora | $1,428 |
| Mexico | $1,415 |
| Miami | $1,824 |
| Michiana Shores | $1,386 |
| Michigan City | $1,378 |
| Michigantown | $1,510 |
| Middlebury | $1,278 |
| Middletown | $1,508 |
| Midland | $1,858 |
| Milan | $1,567 |
| Milford | $1,380 |
| Mill Creek | $1,432 |
| Millersburg | $1,332 |
| Millhousen | $1,831 |
| Milltown | $1,658 |
| Milroy | $1,490 |
| Milton | $1,489 |
| Mishawaka | $1,288 |
| Mitchell | $1,566 |
| Modoc | $1,514 |
| Mongo | $1,752 |
| Monon | $1,452 |
| Monroe | $1,390 |
| Monroe City | $1,672 |
| Monroeville | $1,431 |
| Monrovia | $1,557 |
| Monterey | $1,579 |
| Montezuma | $1,637 |
| Montgomery | $1,599 |
| Monticello | $1,420 |
| Montmorenci | $1,297 |
| Montpelier | $1,512 |
| Mooreland | $1,548 |
| Moores Hill | $1,523 |
| Mooresville | $1,548 |
| Morgantown | $1,555 |
| Morocco | $1,520 |
| Morris | $1,827 |
| Morristown | $1,478 |
| Mount Auburn | $1,419 |
| Mount Ayr | $1,793 |
| Mount Saint Francis | $1,860 |
| Mount Summit | $1,815 |
| Mount Vernon | $1,611 |
| Mulberry | $1,476 |
| Muncie | $1,451 |
| Munster | $1,348 |
| Muscatatuck | $1,551 |
| Nabb | $1,641 |
| Napoleon | $1,831 |
| Nappanee | $1,334 |
| Nashville | $1,562 |
| Nebraska | $1,551 |
| Needham | $1,509 |
| New Albany | $1,564 |
| New Carlisle | $1,425 |
| New Castle | $1,486 |
| New Chicago | $1,449 |
| New Goshen | $1,894 |
| New Harmony | $1,616 |
| New Haven | $1,345 |
| New Lisbon | $1,820 |
| New Market | $1,816 |
| New Middletown | $1,565 |
| New Palestine | $1,502 |
| New Paris | $1,324 |
| New Point | $1,832 |
| New Richmond | $1,496 |
| New Ross | $1,570 |
| New Salisbury | $1,593 |
| New Trenton | $1,791 |
| New Washington | $1,585 |
| New Waverly | $1,779 |
| New Whiteland | $1,486 |
| Newberry | $1,647 |
| Newburgh | $1,637 |
| Newport | $1,830 |
| Newtown | $1,819 |
| Noblesville | $1,418 |
| Nora | $1,470 |
| Norman | $1,625 |
| North Judson | $1,503 |
| North Liberty | $1,411 |
| North Manchester | $1,430 |
| North Salem | $1,560 |
| North Terre Haute | $1,635 |
| North Vernon | $1,541 |
| North Webster | $1,360 |
| Norway | $1,422 |
| Notre Dame | $1,339 |
| Oakford | $1,785 |
| Oakland City | $1,608 |
| Oaktown | $1,601 |
| Oakville | $1,803 |
| Odon | $1,616 |
| Ogden Dunes | $1,414 |
| Oldenburg | $1,473 |
| Onward | $1,791 |
| Oolitic | $1,558 |
| Ora | $1,830 |
| Orestes | $1,836 |
| Orland | $1,400 |
| Orleans | $1,666 |
| Osceola | $1,312 |
| Osgood | $1,545 |
| Ossian | $1,387 |
| Otisco | $1,621 |
| Otterbein | $1,502 |
| Otwell | $1,628 |
| Owensburg | $1,638 |
| Owensville | $1,645 |
| Oxford | $1,470 |
| Palmyra | $1,621 |
| Paoli | $1,657 |
| Paragon | $1,588 |
| Paris Crossing | $1,595 |
| Parker City | $1,492 |
| Patoka | $1,618 |
| Patricksburg | $1,888 |
| Patriot | $1,625 |
| Paxton | $1,857 |
| Pekin | $1,662 |
| Pendleton | $1,434 |
| Pennville | $1,506 |
| Perrysville | $1,592 |
| Peru | $1,551 |
| Petersburg | $1,597 |
| Petroleum | $1,765 |
| Pierceton | $1,397 |
| Pierceville | $1,854 |
| Pimento | $1,696 |
| Pine Village | $1,617 |
| Pittsboro | $1,531 |
| Plainfield | $1,530 |
| Plainville | $1,614 |
| Pleasant Lake | $1,365 |
| Pleasant Mills | $1,740 |
| Plymouth | $1,372 |
| Point Isabel | $1,514 |
| Poland | $1,635 |
| Poneto | $1,466 |
| Portage | $1,396 |
| Porter | $1,385 |
| Portland | $1,459 |
| Poseyville | $1,626 |
| Princes Lakes | $1,526 |
| Princeton | $1,576 |
| Purdue University | $1,298 |
| Putnamville | $1,872 |
| Quincy | $1,640 |
| Ragsdale | $1,844 |
| Ramsey | $1,609 |
| Redkey | $1,511 |
| Reelsville | $1,595 |
| Remington | $1,514 |
| Rensselaer | $1,520 |
| Reynolds | $1,463 |
| Richland | $1,640 |
| Richmond | $1,381 |
| Ridgeville | $1,501 |
| Rising Sun | $1,562 |
| Roachdale | $1,577 |
| Roann | $1,486 |
| Roanoke | $1,360 |
| Rochester | $1,434 |
| Rockfield | $1,811 |
| Rockport | $1,650 |
| Rockville | $1,585 |
| Rocky Ripple | $1,692 |
| Rolling Prairie | $1,421 |
| Rome | $1,569 |
| Rome City | $1,368 |
| Romney | $1,454 |
| Rosedale | $1,631 |
| Roseland | $1,369 |
| Roselawn | $1,457 |
| Rossville | $1,489 |
| Royal Center | $1,490 |
| Rushville | $1,461 |
| Russellville | $1,592 |
| Russiaville | $1,469 |
| Saint Anthony | $1,556 |
| Saint Croix | $1,601 |
| Saint Joe | $1,359 |
| Saint Meinrad | $1,572 |
| Saint Paul | $1,535 |
| Salamonia | $1,459 |
| Salem | $1,616 |
| Salt Creek Commons | $1,352 |
| San Pierre | $1,516 |
| Sandborn | $1,632 |
| Santa Claus | $1,581 |
| Saratoga | $1,466 |
| Schererville | $1,333 |
| Schneider | $1,434 |
| Schnellville | $1,594 |
| Scipio | $1,565 |
| Scotland | $1,868 |
| Scottsburg | $1,588 |
| Sedalia | $1,798 |
| Seelyville | $1,868 |
| Sellersburg | $1,542 |
| Selma | $1,517 |
| Servia | $1,779 |
| Seymour | $1,522 |
| Shadeland | $1,327 |
| Sharpsville | $1,476 |
| Shelburn | $1,640 |
| Shelbyville | $1,429 |
| Shepardsville | $1,886 |
| Sheridan | $1,514 |
| Shipshewana | $1,297 |
| Shirley | $1,581 |
| Shoals | $1,627 |
| Shorewood Forest | $1,350 |
| Silver Lake | $1,470 |
| Simonton Lake | $1,299 |
| Smithville | $1,794 |
| Smithville-Sanders | $1,379 |
| Solsberry | $1,590 |
| Somerset | $1,795 |
| Somerville | $1,888 |
| South Bend | $1,379 |
| South Haven | $1,348 |
| South Milford | $1,737 |
| South Whitley | $1,366 |
| Southport | $1,607 |
| Speedway | $1,588 |
| Spencer | $1,619 |
| Spencerville | $1,401 |
| Spiceland | $1,529 |
| Springport | $1,546 |
| Springville | $1,585 |
| Spurgeon | $1,856 |
| St. Bernice | $1,576 |
| St. John | $1,310 |
| St. Mary of the Woods | $1,645 |
| Stanford | $1,807 |
| Star City | $1,541 |
| State Line | $1,809 |
| Staunton | $1,908 |
| Stendal | $1,572 |
| Stilesville | $1,583 |
| Stinesville | $1,816 |
| Stockwell | $1,335 |
| Straughn | $1,550 |
| Stroh | $1,740 |
| Sullivan | $1,596 |
| Sulphur | $1,635 |
| Sulphur Springs | $1,834 |
| Sumava Resorts | $1,807 |
| Summitville | $1,507 |
| Sunman | $1,517 |
| Swayzee | $1,511 |
| Sweetser | $1,831 |
| Switz City | $1,663 |
| Syracuse | $1,341 |
| Talbot | $1,801 |
| Taswell | $1,694 |
| Taylorsville | $1,803 |
| Tefft | $1,809 |
| Tell City | $1,555 |
| Templeton | $1,794 |
| Tennyson | $1,695 |
| Terre Haute | $1,584 |
| Thayer | $1,817 |
| Thorntown | $1,486 |
| Tipton | $1,444 |
| Topeka | $1,366 |
| Town of Pines | $1,372 |
| Trafalgar | $1,579 |
| Trail Creek | $1,376 |
| Tri-Lakes | $1,331 |
| Troy | $1,580 |
| Tunnelton | $1,874 |
| Twelve Mile | $1,535 |
| Tyner | $1,758 |
| Underwood | $1,624 |
| Union City | $1,466 |
| Union Mills | $1,404 |
| Uniondale | $1,449 |
| Unionville | $1,475 |
| Universal | $1,854 |
| Upland | $1,491 |
| Urbana | $1,519 |
| Utica | $1,523 |
| Vallonia | $1,626 |
| Valparaiso | $1,361 |
| Van Buren | $1,532 |
| Veedersburg | $1,602 |
| Velpen | $1,627 |
| Versailles | $1,552 |
| Vevay | $1,592 |
| Vincennes | $1,579 |
| Wabash | $1,454 |
| Wadesville | $1,637 |
| Wakarusa | $1,326 |
| Waldron | $1,510 |
| Walkerton | $1,428 |
| Wallace | $1,825 |
| Walton | $1,511 |
| Wanatah | $1,450 |
| Warren | $1,450 |
| Warren Park | $1,594 |
| Warsaw | $1,366 |
| Washington | $1,596 |
| Waterloo | $1,361 |
| Waveland | $1,548 |
| Wawaka | $1,392 |
| Waynetown | $1,557 |
| Webster | $1,439 |
| West Baden Springs | $1,698 |
| West College Corner | $1,538 |
| West Harrison | $1,525 |
| West Lafayette | $1,318 |
| West Lebanon | $1,556 |
| West Middleton | $1,799 |
| West Newton | $1,917 |
| West Terre Haute | $1,655 |
| Westfield | $1,420 |
| Westphalia | $1,864 |
| Westpoint | $1,516 |
| Westport | $1,564 |
| Westville | $1,405 |
| Wheatfield | $1,493 |
| Wheatland | $1,656 |
| Wheeler | $1,807 |
| Whiteland | $1,486 |
| Whitestown | $1,467 |
| Whiting | $1,467 |
| Wilkinson | $1,557 |
| Williams | $1,639 |
| Williams Creek | $1,569 |
| Williamsburg | $1,464 |
| Williamsport | $1,526 |
| Winamac | $1,517 |
| Winchester | $1,431 |
| Windfall | $1,497 |
| Winfield | $1,347 |
| Wingate | $1,541 |
| Winona Lake | $1,341 |
| Winslow | $1,626 |
| Wolcott | $1,461 |
| Wolcottville | $1,355 |
| Wolflake | $1,731 |
| Woodburn | $1,402 |
| Worthington | $1,605 |
| Wyatt | $1,767 |
| Yeoman | $1,812 |
| Yoder | $1,395 |
| Yorktown | $1,449 |
| Young America | $1,802 |
| Zanesville | $1,757 |
| Zionsville | $1,448 |
Home and auto insurance bundling in Indiana
What’s one another way by which you can reduce the rate of cost of homeowners insurance in Indiana? It is by bundling your home and auto insurance policies.
| Average annual rate (without bundling) | Average annual rate (with bundling) | Yearly savings (in $) | Yearly savings (in percent) |
|---|---|---|---|
| $1,542 | $1,383 | $159 | 10.31% |
Home insurance discounts in Indiana
Another way to get a cheap Indiana home insurance policy is to use the discounts offered by your home insurance company.
| Insurer | Bundling Discounts | Loyalty Discounts | Military Discounts | New Home Credit Discounts | Claim-Free Discounts | Protective Devices Discounts |
|---|---|---|---|---|---|---|
| Farmers | ✓ | ✓ | - | ✓ | ✓ | ✓ |
| Allstate | ✓ | ✓ | - | ✓ | ✓ | - |
| State Farm | ✓ | - | - | - | ✓ | ✓ |
| USAA | ✓ | ✓ | ✓ | - | ✓ | ✓ |
| Nationwide | ✓ | - | - | ✓ | ✓ | ✓ |
| Liberty Mutual | ✓ | - | - | - | - | - |
| Progressive | ✓ | - | - | ✓ | - | ✓ |
| Amica | ✓ | - | - | ✓ | ✓ | ✓ |
| Chubb | ✓ | - | - | ✓ | ✓ | ✓ |
| Lemonade | ✓ | ✓ | - | - | ✓ | |
| American Family | ✓ | ✓ | - | ✓ | - | ✓ |
| Erie | ✓ | - | - | - | - | ✓ |
| Lemonade | ✓ | ✓ | - | - | - | ✓ |
Comparing common features across top companies
Do you want to buy the best Indiana home insurance? Then check if your insurer has these features.
| Insurer | Identity Theft Protection | Valuable Possessions | Water Backup | Other Structures Coverage | Dwelling /Personal Property Replacement |
|---|---|---|---|---|---|
| Farmers | Optional | ✓ | No | Optional | Optional |
| Allstate | Optional | Optional | Optional | ✓ | Optional |
| State Farm | Optional | Optional | Optional | ✓ | Optional |
| USAA | ✓ | Optional | No | ✓ | ✓ |
| Nationwide | Optional | Optional | Optional | ✓ | Optional |
| Liberty Mutual | Optional | Optional | Optional | ✓ | Optional |
| Progressive | No | Optional | Optional | ✓ | ✓ |
| Amica | Optional | Optional | Optional | ✓ | Optional |
| Chubb | Optional | Optional | ✓ | ✓ | ✓ |
| American Family | ✓ | Optional | Optional | ✓ | No |
| Erie | Optional | Optional | Optional | ✓ | ✓ |
| Lemonade | ✓ | Optional | Optional | ✓ | ✓ |
Common causes of home insurance claims in Indiana
Many disasters can cause damage to your home or personal belongings, which your insurance policy covers. These are some common reasons that lead to home insurance claims in Indiana.
- Tornadoes: It is a common weather-related disaster that Indiana residents must deal with. There were around 20 tornadoes in 2021. A home insurance policy typically covers tornado damage.
- Earthquakes: Homeowners in Indiana may be unaware that earthquakes occur. Standard home insurance policies do not cover earthquakes. Indiana residents should consider buying a separate earthquake insurance policy or adding the coverage as an endorsement to their policy.
- Flooding: Severe storms are common in Indiana during the summer, bringing heavy rain and flash flooding. Buying a flood insurance policy can help protect your home from flood damage.
Does homeowners insurance cover flooding in Indiana?
Standard home insurance policies do not typically cover flood damage. To protect your house and belongings from flood damage, you must purchase flood insurance through FEMA’s National Flood Insurance Program (NFIP) or a private insurer. Coverage varies depending on the private flood insurer. However, flood insurance from the NFIP provides the following coverage.
- Your home's structure - $250,000
- Personal property - $100,000
Does homeowners insurance cover snow damage?
Snowfall is common in Indiana, which can cause damage to your roof if it accumulates. Snow damage is a named peril in a standard homeowners insurance policy, so it gets covered.
Factors that affect home insurance rates in Indiana
Do you want to buy the best homeowners insurance in Indiana? These factors impact the cost of home insurance in the state.
- Your location: The cost of homeowners insurance in Indiana is influenced by factors such as your ZIP Code and the area’s theft rate.
- Replacement cost: The cost of Indiana home insurance varies based on the local labor and building material costs.
- Age/condition: Older homes are more expensive to insure.
- Claims history: If you file claims regularly, insurers will view you as a risk. As a result, expect insurance premiums to rise.
- Credit history: Most insurers will run a credit check before issuing you a home insurance policy. You should expect to pay more for an Indiana home insurance policy if you have a low credit score.
- Dog breed: Many insurers label certain dog breeds as ‘dangerous.’ If your insurer considers your dog so, your Indiana home insurance rates will rise.
Tips for buying homeowners insurance
Do you want the ideal Indiana home insurance policy? Then follow these tips!
- Assess your rebuilding costs: Consult a reputable builder or an insurance agent to determine how much it would cost to reconstruct your house using low-cost building materials and local labor.
- Review the advantage of replacement cost over actual cash value: You may need replacement cost insurance for your home and other belongings.
- Consider add-on coverage for your expensive items: If you own costly items such as high-end electronics, sporting equipment, musical instruments, or antiques, you will need personal property coverage.
- Evaluate your liability coverage needs: Determine the minimum liability insurance limit required.
- Assess coverage gaps: Many insurance companies provide higher coverage limits for landscape features like trees and bushes.
- Check financial ratings: Home insurers get ratings from organizations such as AM Best and Standard & Poor’s. Some lenders, for example, will not approve your mortgage application if your insurer does not have a minimum ‘A’ financial strength rating.
- Check for discounts: If you qualify, use all discounts you qualify for.
- Compare quotes from various insurance companies: The cost of Indiana home insurance varies depending on the insurer. To find the best home insurance coverage in Indiana, you must compare quotes from multiple insurers.
Most common disasters in Indiana
While earthquakes and wildfires do not affect Indiana homeowners, severe storms and floods cause much of the damage in the state.
Disasters by month
According to FEMA, April and September have been Indiana’s busiest months for declared disasters.
| Month | Number of disasters |
|---|---|
| January | 4 |
| February | 1 |
| March | 5 |
| April | 6 |
| May | 5 |
| June | 5 |
| July | 4 |
| August | 3 |
| September | 7 |
| October | 1 |
| December | 1 |
Disasters by year
According to FEMA, Indiana residents face an average of 1.25 declared disasters yearly. With four disasters, 2005 was the worst affected year.
| Year | Number of disasters |
|---|---|
| 2001 | 1 |
| 2002 | 2 |
| 2003 | 2 |
| 2004 | 2 |
| 2005 | 4 |
| 2006 | 1 |
| 2007 | 2 |
| 2008 | 3 |
| 2009 | 2 |
| 2010 | 0 |
| 2011 | 1 |
| 2012 | 1 |
| 2013 | 0 |
| 2014 | 1 |
| 2015 | 0 |
| 2016 | 0 |
| 2017 | 0 |
| 2018 | 1 |
| 2019 | 0 |
| 2020 | 2 |
How to get Indiana home insurance with Way.com
Indiana home insurance costs around $1,542 yearly. Though lower than the national average rate, the rates are still high compared to many other states. But are you looking for a cheaper home insurance policy? How will you get one? Don’t worry when Way.com is there to help you!
Use our website or app to find home insurance quotes from all major insurers in the state. Then you should compare the quotes and buy a home insurance policy with the cheapest rate. Do you need further help? Then our home insurance agents in Indiana can help you. They will help you understand the state’s insurance laws, the most difficult insurance terms, discounts, and coverages.
So, contact our agents if you want to buy the best Indiana homeowners insurance.
FAQs
How much is homeowners insurance in Indiana?
On average, Indiana home insurance costs around $1,542 yearly.
What is the average cost of homeowners insurance in Indiana?
The average homeowners insurance in Indiana costs around $1,542 annually.
Is homeowners insurance required in Indiana?
No. The law doesn’t mandate having one. But you require one to get a loan as your mortgage company may demand it.
Access your digital insurance card through the app. You no longer need to carry your physical insurance card with you.
Receive reminders before your renewal. Way.com will also send new quotes from up to 45 insurance companies with your renewal reminder.
Keep everyone on your policy up to date by sharing your insurance information.
Make changes to your policy right from the app (coming soon) and ask for expert advice.
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