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Indiana Auto Insurance Laws

Drivers should be familiar with these Indiana auto insurance laws:

Indiana is a state responsible for auto insurance

In states responsible for auto insurance like Indiana, the driver responsible for the accident is responsible for paying medical bills for all parties involved in the accident. These expenses can quickly exceed the state’s minimum coverage.

Consequences of driving without insurance in Indiana

Driving without Indiana auto insurance has the following consequences:

  • Driving privileges suspended from 90 days to one year
  • Reinstatement fees varying between $ 250 and $ 1,000

Indiana minimum coverage requirements

All drivers must purchase at least the following Indiana auto insurance:

Liability coverage for bodily injury

Drivers must have at least:

  • $ 25,000 in liability insurance for bodily injury per person
  • $ 50,000 liability coverage for bodily injury per accident

Liability coverage for property damage

In addition, drivers must have at least $ 25,000 in property damage liability insurance to pay for items they damage in an accident.

How To Get Cheap Auto Insurance In Indiana

Drivers hoping to get Indiana’s cheapest auto insurance should try the following:

  • Get quotes from several companies: Each insurer weighs the components of a driver application a little differently, which is why each company offers different auto insurance quotes. Comparing several side by side is the only way to know for sure which company can offer you the best rate.
  • Claim all the discounts you are entitled to: Every business has its own list of auto insurance discounts. They automatically apply some to the premiums of qualifying drivers, but others may require you to join. For example, companies that have driver monitoring programs typically offer discounts to drivers who want to enroll.
  • Choose a higher deductible: Increasing the auto insurance deductible generally reduces premiums. However, drivers who do so need to be prepared for higher costs following an accident.

Other things to consider when looking for auto insurance in Indiana

Here are a few other things to keep in mind when shopping for auto insurance in Indiana:

Almost 16% of drivers in Indiana are uninsured

Despite laws that prohibit it, nearly 16% of drivers in Indiana do not have insurance, according to the Insurance Information Institute. Drivers who are struck by someone without insurance will have to pay their medical bills and vehicle repairs on their own, unless they add coverage for uninsured motorists. This protects the policyholder if he is struck by an uninsured driver. There is also underinsured motorist insurance, which kicks in if the driver who caused the accident does not have enough insurance to pay for all the damage.

State minimum coverage will not protect your vehicle

Drivers who want help paying for repairs to their vehicle following an accident should add collision coverage and comprehensive coverage to their policy. Collision coverage helps pay for repairs to the policyholder’s vehicle following an accident with another car, while comprehensive coverage covers animal-vehicle collisions, weather damage, theft , vandalism, etc.

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