Indiana Car Insurance

Indiana Car Insurance: Simple Guide to

Insurance Requirements

Car insurance laws vary from state to state. These laws affect the rates
of your insurance policy and hence, you need to keep in mind the
several requirements to comply with Indiana state laws while buying a
car insurance policy.

All states require a minimum Property Damage Coverage and Bodily Injury
Liability, and the state of Indiana is no exception. The Indiana
Department of Insurance monitors the insurance industry in the state of
Indiana. It states that the minimum requirement for a car insurance
policy should be 25/50/10. Let’s take a broader look at these
requirements.

Required Minimum Bodily Injury

A minimum coverage amount of $25,000 for Bodily Injury is required to
pay for each person injured in any one accident and $50,000 for all
persons involved in each accident.

Required Minimum Property Damage

In this type of requirement a minimum amount of $10,000 is required to
pay for damages to property of other party in each accident.

Optional Insurance Coverage

 
Under-insured Motorist (UIM) and Uninsured Motorist (UM) requirements, as
stated by the state of Indiana, stipulate that a minimum requirement of
Uninsured Motorist to be purchased must not be less than the required
minimum amount of bodily injury coverage. However, in case of an
Underinsured Motorist, it must be up to at least a minimum amount of
$50,000.

More details on Indiana insurance requirements are available from the
Indiana Department of Insurance in Indianapolis by calling 317-232-2385
or simply visiting their website at http://www.in.gov/idoi/.