For drivers in Evansville, one of the largest factors that determine the amount you pay each year for auto insurance is where you choose to live. Larger areas are more likely to have higher rates, whereas areas with less congestion have the gratification of cheaper auto insurance rates.

The table below rates the most expensive places in Indiana in which to buy car insurance. Evansville ranks #9 with an annual rate of $1,045 for the average insurance policy, which is around $87 each month.

Car insurance prices in Evansville
Rank City Annual Rate
1 Gary $1,360
2 Hammond $1,288
3 Merrillville $1,139
4 Portage $1,137
5 New Albany $1,070
6 Terre Haute $1,067
7 Lawrence $1,066
8 Indianapolis $1,050
9 Evansville $1,045
10 Anderson $1,041
11 Jeffersonville $1,038
12 Kokomo $1,011
13 Fort Wayne $985
14 Fishers $974
15 Bloomington $968
16 Muncie $965
17 South Bend $956
18 Elkhart $956
19 Carmel $947
20 Columbus $946
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Rate information is estimated as zip code location can affect price quotes significantly.

Since we know where Evansville ranks compared to other areas, determining which company offers the cheapest insurance rates in Evansville requires a little more sweat in order to find the best policy. Every insurance provider has a proprietary method to establish rates, so let's look at the rankings for the insurance companies that tend to be cheaper in Evansville, IN.

It's important to know that Evansville, IN insurance rates are calculated based on many things that control the price you have to pay. Turning one year older, filing a claim, or getting a speeding ticket can trigger changes in premium resulting in some companies being more affordable than others.

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Indiana auto insurance company rankings
Rank Company Cost Per Year
1 Travelers $602
2 Cincinnati Insurance $684
3 USAA $687
4 Erie $712
5 Western Reserve $838
6 Indiana Farmers Mutual $849
7 The Hartford $855
8 Auto-Owners $915
9 Nationwide $930
10 State Farm $957
11 Motorists Mutual $966
12 Utica National $985
13 Hastings Mutual $1,003
14 Safeco $1,013
15 Farmers $1,022
16 Westfield $1,061
17 Wolverine Mutual $1,094
18 Progressive $1,095
19 GEICO $1,122
20 State Auto $1,131
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Travelers offers some of the best car insurance rates in Evansville at around $602 per year. Cincinnati Insurance, USAA, Erie, and Western Reserve would also make the list of some of the lowest-priced Evansville, IN car insurance companies.

As shown above, if you buy coverage from Erie and switched to Travelers, you could realize yearly savings of upwards of $110. Insureds with Western Reserve could save as much as $236 a year, and Indiana Farmers Mutual customers might lower prices by up to $247 a year.

Remember that these policy rates are averaged across all types of insureds and vehicles and and are not figured with an exact location in Evansville. So the auto insurance company that is best for you may not even be in the top 36 companies in the list above. That affirms the importance of why you need to get auto insurance quotes using your own driver and vehicle profiles.

The type of vehicle you are insuring is one of the main factors that determines whether or not you can buy the most economical coverage in Evansville. Vehicles with lots of horsepower, a lack of advanced safety features, or a high likelihood of having liability claims will cost significantly more to insure than more economical and safe models.

The next list illustrates insurance premiums for the most affordable vehicles to buy insurance for.

Cheapest Vehicles to Insure in Evansville, IN
Vehicle Insured Estimated Cost for Full Coverage
Honda Accord LX 4-Dr Sedan $1,131
Toyota Prius $1,253
Ford Escape XLT 4WD $1,267
Ford F-150 XLT Super Cab 4WD $1,291
Honda CR-V EX-L 2WD $1,311
Honda Odyssey EX W/Rear Entertainment $1,313
Ford Focus S 4-Dr Sedan $1,320
Volkswagen Jetta SE 2.5 Station Wagon $1,325
Toyota RAV4 Limited 2WD $1,337
Chevrolet Malibu Hybrid $1,344
Chevrolet Equinox LS AWD $1,337
Jeep Wrangler Unlimited Sport 4WD 4-Dr $1,380
Toyota Corolla LE $1,409
Chevrolet Impala LTZ $1,414
Jeep Grand Cherokee Limited 2WD $1,435
Chevrolet Silverado LT Regular Cab $1,441
Nissan Rogue SL 2WD $1,435
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Premium data assumes 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, homeowner, multi-vehicle, claim-free, and safe-driver. Rate quotes do not factor in vehicle garaging location which can raise or lower premium rates greatly.

Based on these rates, you can presume that cars like the Honda Accord, Toyota Prius, Ford Escape, Ford F-150, and Honda CR-V are most likely going to be a few of the most affordable vehicles to insure for drivers in Evansville.

Get discount Evansville insurance rates

Insurance providers that sell policies in Evansville could also offer price discounts that could potentially reduce rates by as much as 40% or more if you meet eligibility requirements. A few popular companies and their possible discounts can be found below.

The illustration below illustrates the difference between annual premium costs with and without discounts applied to the rates. The rate quotes are based on a male driver, no claims or driving citations, Indiana state minimum liability limits, comp and collision included, and $500 deductibles.

The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with passive restraint, safe-driver, accident-free, homeowner, multiple vehicle, and anti-theft discounts applied. When discounts are applied, the average amount saved each year on insurance in Evansville is 28% or $366.

Rate increases following a ticket or accident

The obvious way to find the cheapest insurance rates for drivers in Evansville is to be a safe driver and have a clean driving record. The illustration below demonstrates how traffic citations and fender-benders drive up auto insurance costs for different age categories. The data assumes a married female driver, comp and collision included, $1,000 deductibles, and no discounts are applied.

In the previous chart, the average cost of car insurance in Evansville per year with a clean driving record and no accidents is $910. Get two speeding tickets and the average cost swells to $1,283, an increase of $372 each year. Next add one accident along with the two speeding tickets and the 12-month cost of insurance in Evansville goes up to an average of $1,659. That's an increase of $748, or $62 per month, just for not being attentive to the road!

The information below shows how different deductible levels can change insurance costs when searching for cheap insurance in Evansville. Data assumes a married male driver, comprehensive and collision coverage, and no policy discounts are applied.

The data above shows that a 30-year-old driver could lower rates by $216 a year by switching from a $100 deductible to a $500 deductible, or save $328 by changing to a $1,000 deductible. Youthful drivers, like the age 20 example, could drop their prices up to $652 every year by selecting a higher deductible. When raising deductibles, it is necessary to have plenty of savings on hand to allow you to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.