Indiana Car Insurance Laws

Auto insurance estimates position Indiana as one of the cheapest states to insure vehicles. Indiana currently ranks as the ninth cheapest with an average insurance expenditure of 612 U.S dollars. However, though individuals can easily buy auto insurance in this state, they should make sure they conform to the minimum requirements stipulated by this state. People can do this by reviewing Indiana’s insurance laws and comparing quotes using our FREE online comparison tool with their ZIP codes.

In order to retain road sanity in Indiana, insurance authorities have enforced a number of laws that govern car insurance. However, they also have a number of stipulations that regulate these laws.

1. They require that all types of vehicles driven in Indiana must have a license plate and car insurance coverage.
2. All motor vehicle owners in Indiana must buy the minimum liability coverage
3. Insurance policies must contain an uninsured motorist insurance coverage.
4. Individuals who have already registered their vehicles must have their insurance cards at all times. Law enforcers can request for these documents when they break traffic laws or during regular checks.
5. Individuals should be able to produce these documents while undergoing trial in a court of law.

Residents of Indiana should insure their vehicles. However, identifying the right insurance company can be a challenging aspect. They should compare numerous quotes from companies to identify those suited for them.

People can compare car insurance companies by requesting quotes online easier than ever before. Enter your ZIP code into our FREE car insurance comparison tool to receive quotes now!

After getting numerous company quotes, these people should imply a number of strategies to get cheap insurance. People should make sure that they have clean driving records. Those who have certificates of good conduct can be at a greater advantage. Young drivers should request their parents to buy their insurance to prevent the penalties young drivers face. Smart couples can also decide to switch drivers while buying insurance.

However, individuals should remember that though these strategies might work, they should not only focus on getting lower premiums. They should be able to prioritize their needs and make sure that their insurance policy caters for all of them. Cheap insurance should not revolve around the price, but, also the service.

After people have found a good insurance company that caters for their needs, they should buy insurance in accordance with the insurance laws of Indiana. People should make sure that they conform to the following laws.

Minimum Liability Insurance Coverage

Insurance organs in the state of Indiana stipulate that all motor vehicle owners must have liability insurance. Failure to adhere to this law can see people facing numerous fines or get their license withdrawn.

All drivers must have a 25/50/10 liability cover as required by the insurance laws in Indiana. For instance, individuals who have or intend to buy motor vehicles must buy a minimum liability cover that takes care of bodily injury and property damage. These apply when people get involved in accidents or during collisions.

The stipulated amounts for this type of cover include:

1. A minimum amount of $25,000 covering bodily injury for one person involved in one accident.
2. A minimum amount of $50,000 covering bodily injury or death of two or more people in one accident
3. A minimum amount of $10,000 covering property damages incurred during collisions.

After attaining these minimum specifications, people can pay for other types of covers if they require more protection. However, apart from the required liability cover, some special groups’ may be required to buy additional coverage. These groups include individuals who drive uninsured or underinsured vehicles or rental vehicles.

People who drive rental cars must pay rental car insurance while those who drive uninsured or underinsured vehicles should buy uninsured/underinsuring motorist coverage.

2. Uninsured/Underinsured Coverage laws

In an attempt to curb uninsured or underinsured driving, authorities in the state of Indiana have put in place sanctions for these types of drivers. People who do not have the necessary liability cover can face the following fines.

1. Drivers license suspension for 90 days for first offenders
2. Repeat offenders get a one-year suspension on their licenses
3. Repeat offenders can have their licenses nullified

In addition, previous offenders who look for reinstatements have to pay additional fines including:

1. Reinstatement fee of $150 for first offenders
2. Reinstatement fee of $225 for second time offenders
3. Reinstatement fee of $300 for third offenders

All offenders will also be required to prove that they have already bought insurance. They must provide a signed insurance document from their insurance companies.

Uninsured/Underinsured coverage consists of:

1. A minimum amount of $25,000 covering bodily injury or death of one individual involved in one accident.
2. A minimum amount of $50,000 covering bodily injury or death of more than two individuals involved in one accident.
3. A minimum amount of $10,000 covering property damage.
4. A minimum bodily Injury insurance coverage of $50,000 that take care of the unregistered individual.

3. Rental Car Insurance Laws

People who drive rental cars should obtain rental insurance from their respective companies. They should expect to pay an amount between seven and fourteen dollars per day for the number of days they hire the car. Use our FREE auto insurance comparison tool with your ZIP code to find car insurance companies that provide affordable quotes for you.

Although, the law stipulates this requirement as mandatory, individuals can avoid it if they do a number of things. First, people should determine whether personal insurance policies cover this aspect. They should also determine whether their credit card details cover rental insurance. Individuals who already have these services can avoid paying extra by signing Collision Damage Waivers (CDW) for their rental cars.

Once you know Indiana’s insurance laws, you can have peace of mind when buying auto insurance and taking your car on the road. Enter your ZIP code into our FREE car insurance comparison tool now to view rates available to you!