{"id":33228,"date":"2021-10-15T18:56:52","date_gmt":"2021-10-16T01:56:52","guid":{"rendered":"https:\/\/www.freeway.com\/?page_id=33228"},"modified":"2023-09-21T15:37:01","modified_gmt":"2023-09-21T22:37:01","slug":"lafayette","status":"publish","type":"page","link":"https:\/\/www.freeway.com\/auto-insurance\/indiana\/lafayette\/","title":{"rendered":"Car Insurance in Lafayette"},"content":{"rendered":"
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Lafayette, Indiana<\/a>, is only a handful of miles from Purdue University, located in neighboring West Lafayette. Greater Lafayette consists primarily of Lafayette, Indiana\u2019s 10th largest city, with a population of about 67,000, and West Lafayette, populated by about 30,000 residents.<\/p>\n

What residents are not up in the air about is how they feel about their car insurance. Lafayette car insurance rates in most zip codes are among the very lowest in the state, and the city itself takes the top spot for lowest auto insurance<\/a> rates in all of Indiana.<\/p>\n <\/div>\n \n \n \n \n <\/div>\n <\/div>\n<\/section>\n\n

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Lowest Car Insurance Rates in Indiana<\/h2>\n
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Cheap car<\/a> insurance in Lafayette is not just a promotional claim. Four of the city\u2019s zip codes and two of those from neighboring West Lafayette are among the 25 Indiana zip codes with the lowest average car insurance rates. One Indiana zip code takes the top spot for auto insurance affordability.<\/p>\n

The lowest average rates in the state are paid in Lafayette\u2019s 47909 zip code. Contrast the average premium cost paid by residents in this zip code ($2,931.05) to the average rate paid in the highest-paying Indiana zip code, 46402 in Gary ($4,747.17).<\/p>\n

Average auto insurance rates of Lafayette\/West Lafayette zip codes in the ranking of the 25 Indiana zip codes with the lowest average premiums<\/strong><\/p>\n <\/div>\n

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Zip code<\/th>\n Avg. Auto Insurance Rate<\/th>\n <\/tr>\n
47901<\/td>\n $2,966.62<\/td>\n <\/tr>\n
47904<\/td>\n $2,935.07<\/td>\n <\/tr>\n
47905<\/td>\n $2,951.59<\/td>\n <\/tr>\n
47906<\/td>\n $2,950.51<\/td>\n <\/tr>\n
47907<\/td>\n $2,966.91<\/td>\n <\/tr>\n
47909<\/strong><\/td>\n (state\u2019s lowest rate) $2,931.05<\/strong><\/td>\n <\/tr>\n
46402<\/td>\n (Gary, IN) 4,653.64<\/td>\n <\/tr>\n <\/table>\n <\/div>\n <\/div>\n <\/div>\n
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Listed zip codes are in Lafayette (4) and West Lafayette (2), except for the Gary zip code included for rate comparison.<\/em> Figures were updated in 2021<\/span><\/u><\/em><\/a>.<\/em><\/p>\n<\/p>\n\n <\/div>\n <\/div>\n<\/section>\n\n

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When analyzed as a city rather than by individual zip codes, Lafayette still takes the first ranking. The city has the lowest average auto insurance rates of all communities in Indiana, with an average premium of $2,946.28 per year. For comparison, the average rate in Gary is $4,653.64, about 50% higher than what Lafayette residents pay.<\/p>\n <\/div>\n \n \n \n \n

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Rates Vary Among Lafayette Demographics<\/h2>\n

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As in every community, car insurance rates in Lafayette vary greatly among demographic groups. Males generally pay higher premiums than females, and the youngest drivers, especially males, pay the highest average rates of all. That\u2019s because of higher incidence of accidents and moving violations among a young male population.<\/p>\n

However, drivers start to receive much lower premium rates after they \u201cage out\u201d of their teen years and early 20s. Therefore, the above table rate averages are higher than what many drivers will be quoted. Clean individual driving records can also earn motorists better rates.<\/p>\n

The 25\/50\/25 Rule for Minimum Coverage on Lafayette Car Insurance<\/strong><\/p>\n

One way for motorists to save money on car insurance in Lafayette is to meet the state\u2019s minimum allowable amount of coverage. In Indiana, all motorists must carry at least a minimal amount of liability car insurance. A liability policy covers the motorist\u2019s financial responsibility if at fault for an accident that results in injury or property damage to other parties.<\/p>\n

The state follows the 25\/50\/25 rule for minimum liability coverage. That means motorists must have a policy that carries at least the following:<\/p>\n <\/div>\n \n

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