Bodily injury. S a look at average monthly quotes for the cheapest car insurance in indiana based on driving and accident history. Cost of car insurance in indiana vs. S take a closer look at how zip codes affect car insurance in indiana. If your car is in the shop due to a covered event, your insurance company will reimburse you for the cost of a rental vehicle up to a certain amount. Still, the cheapest indiana car insurance premiums are reserved for individuals without blemishes on their credit histories. Although insurance companies are prohibited from discriminating based on gender, ethnicity, and credit score, there is notable bias in data when evaluating insurance premiums concerning these elements. Carmel, fishers, and fort wayne are other cities in indiana with the lowest average rates for auto insurance.