See How Much You Can Save in Carmel
What's the Cost of Car Insurance in Carmel?
We have been able to help several drivers in Carmel IN locate the cheapest auto insurance rates thanks to the thousands of local quotes we have collected and analyzed. We determined that in Carmel Indianapolis, the annual rates had a difference of up to $745. Specifically, this means that the cheapest price was $657 and the most expensive was $1402.
Several factors all come together to influence what your final insurance premium will be. Each one is valued differently and will therefore impact your final rates in either smaller ways or bigger ones. This is why shopping around and comparing a minimum of three or more insurers in your area of Carmel is important in getting the cheapest car insurance rates.
| Lowest | Average | Highest |
|---|---|---|
| $657 | $935 | $1402 |
Insurance Prices: Carmel vs. National/State Averages
Carmel has low-cost car insurance premiums that are below the state's average. It costs $248 less per year than Indiana's average. While this may come as a relief, it isn't a reason to become complacent. Taking advantage of lower costs is still an important practice even in Carmel. You can go over some of our tips below to improve your savings.
| City Average | State Average | National Average |
|---|---|---|
| $935 | $1183 | $1479 |
Carmel IN Average Car Insurance Savings by Neighborhood
If you're thinking about moving then you may want to keep the following in mind. Changing zip codes can actually have a noticeable impact on your car insurance. We have looked at the cost of insurance in various neighborhoods of Carmel to give you a sense of where you can find the lowest costs.
The difference was -$379 between the cheapest neighborhood in Carmel IN with a rate of $929 on average and a +$388 difference between the priciest area in Carmel IN with an average price of $1207.
| # | Neighborhood | Average Rate |
|---|---|---|
| Carmel | $935 | |
| 1 | Lawrence | +$388 |
| 2 | Speedway | +$381 |
| 3 | Beech Grove | +$371 |
| 4 | Lebanon | +$341 |
| 5 | Plainfield | +$331 |
| 6 | Zionsville | +$21 |
| 7 | Avon | -$149 |
| 8 | Greenwood | -$379 |
| 9 | Fishers | -$379 |
| 10 | Brownsburg | -$379 |
| 11 | Westfield | -$379 |
| 12 | Carmel | -$379 |
| 13 | Franklin | -$379 |
Let's go over some ways to save on car insurance in Carmel
Carmel Car Insurance Rates by Gender and Marital Status
Your gender and your marital status are two of the several characteristics that have an influence on your car insurance rates in Carmel. This is simply due to the fact that insurance is based off of liability and risk. People who are single and/or are male are considered bigger risk factors because they are the groups more likely to either get into accidents or commit felonies. As a result, being single can cost up to $33 more per year compared to being married, and being a man can typically cost up to $328 more per year in Carmel IN as opposed to being a woman.
Carmel Teenagers Car Insurance Rates
Younger and inexperienced drivers pay the most in car insurance rates by far, and Carmel IN is no exception to that rule. Due to the risk associated with drivers lacking experience, teenagers tend to pay $2561 a year for insurance on average. This is far higher than the state average of $1183, and $1626 higher than Carmel' average. When gender is taken into account the difference between male and female teens in Carmel IN is $692.
The effect of DUIs on insurance premiums in Carmel IN
Having a criminal record can have a very negative impact on your insurance. For example, if you are caught driving under the influence in Carmel then your car insurance premium will increase much more than for other violations. Being convicted of an alcohol-related offense can increase your insurance costs from $935 all the way up to $1739. That means that on average the cost for conviction in Carmel IN can be an increase of $804.
| DUI | City Average |
|---|---|
| $1739 | $935 |
Find cheap car insurance in Carmel quickly and easily
Find Local Carmel Agents
Tyrone Henry
2250 W 86th St Ste 115 Indianapolis IN 46260
Jim Guffey
9135 N Meridian St Ste A4 Indianapolis IN 46260
Emily Nowlin
1717 W 86th St Ste 100 Indianapolis IN 46260
Considering Relocating?
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$935
the average Carmel resident's annual cost of coverage
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$370
our customer's average savings after comparing insurance
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25/50/25
minimum insurance requirements in Carmel IN
46032, 46033, 46074, 46077, 46082, 46260, 46280, 46290
