How Much Does Auto Insurance Cost in Bloomington, Indiana?
- Nate Jones, CPCU, ARM, CLCS, AU
- Jan 13
- 2 min read
Understanding local auto insurance rates in Bloomington helps you budget and ensure you’re getting the best coverage for your needs.
Full-coverage policies in Bloomington average $2,076 per year, or about $173 per month.
This is ~9% lower than the national average of $2,276 and almost identical to Indiana’s state average of $2,080/year.
Minimum vs. Full Coverage: What’s the Price Difference?
Minimum liability-only coverage (Indiana’s 25/50/25 law) runs about $431/year in Bloomington.
SmartFinancial estimates min coverage costs around $88/month (~$1,056 yearly) for Bloomington drivers—figures vary with profile.
Why Rates Vary for Different Drivers
Factors that impact insurance costs include:
Driving Record: A clean record significantly reduces rates; violations or accidents increase premiums.
Age & Experience: A 40-year-old driver averages $2,076/year, while teenagers may pay up to $7,393 annually.
Vehicle & Usage: Costlier cars and higher mileage drive premiums up.
ZIP Code: Bloomington’s rates are slightly lower than urban Indiana areas.
Credit (where allowed): Insurers in Indiana may use credit history when quoting rates.
Comparing Bloomington to National & State Averages
Coverage Type | Bloomington Avg | Indiana Avg | National Avg |
Full Coverage | $2,076/year | ~$2,080/year | ~$2,276/year |
Minimum Liability | $431–1,056/year | $446/year | — |
Bloomington drivers enjoy competitive full-coverage rates alongside slightly cheaper minimum liability options.
Tips to Save on Your Bloomington Auto Insurance
Bundle Policies: Combine auto and home insurance for savings.
Raise Your Deductible: Commonly $500 or $1,000 reduces your premium.
Ask About Discounts: Multi-car, safe-driver, usage-based, good-student, and anti-theft discounts apply.
Review Annually: Life changes can make a lower rate possible.
Why Choose Wexford Insurance?
At Wexford Insurance, we compare top-rated carriers to find Bloomington based drivers the best rates and coverage. Let us guide you to the policy that fits your life and budget.
Ready to get the best quote?
Final Thoughts
Bloomington drivers typically pay $2,076/year ($173/month) for full coverage, with minimum liability policies costing as little as $431–$1,056/year. By comparing quotes, reviewing discounts, and selecting the right coverage, you can personalise savings without compromising protection.
