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Home insurance · rank #30 of 51 · July 2026

Average home insurance cost in Indiana

Indiana lands in the pricier half of the table at #30 of 51, about 20% above the national average — roughly $495 more per year than the typical American homeowner pays.

Average annual premium$2,985 +20% vs US avg
Average monthly cost$249
Benchmark policy$400K dwelling
U.S. average$2,490/yr
Indiana vs U.S. average+$495/yr
Cost rank (1 = cheapest)#30 / 51
Paying more than the Indiana average?

The single most reliable way to cut your premium is comparing quotes — the gap between the cheapest and priciest carrier for the same coverage regularly exceeds $1,000 a year.

Compare home insurance quotes

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How Indiana compares with its neighbors

StateAnnual premiumDifference vs IN
Indiana$2,985
Illinois$3,240+$255/yr
Ohio$2,080$905/yr
Michigan$2,415$570/yr
Kentucky$3,795+$810/yr

Indiana home insurance FAQ

How much is homeowners insurance in Indiana?

Home insurance in Indiana averages $2,985 per year — about $249 per month — for a benchmark policy with $400,000 in dwelling coverage, $300,000 liability and a $1,000 deductible. Your rate depends on your home's age, construction, location and claim history.

Is home insurance in Indiana more expensive than average?

Yes. Indiana's average of $2,985/year runs about 20% above the U.S. average of $2,490/year, ranking #30 of 51 (1 = cheapest).

How can I lower my home insurance bill in Indiana?

The four moves that reliably work: compare quotes from at least three carriers (the biggest lever — gaps of $1,000+ per year for identical coverage are common), raise your deductible to an amount you could cover in an emergency, bundle home and auto with one carrier for a 10–25% discount, and ask about discounts for wind-resistant roofing, monitored security systems and claim-free history.

Paying more than the Indiana average?

The single most reliable way to cut your premium is comparing quotes — the gap between the cheapest and priciest carrier for the same coverage regularly exceeds $1,000 a year.

Compare home insurance quotes

We may earn a commission if you request quotes through this link. It costs you nothing and never affects the data we publish.