Statistics show that purchasing auto insurance policies is on the rise in the State of Indiana over the past couple of years. The reasons cited for the rise in Indiana auto insurance are the low insurance rates and a rise in the increase in the number of vehicles on the road. Indiana is one of the ninth cheapest states in America when it comes to automobile insurance. Because of low rates of Indiana auto insurance, the citizens of Indiana can easily purchase policies besides the auto liability insurance made compulsory by the State. Indiana also follows the Tort System which says that someone is always responsible for an accident and that person and his insurance company are liable to pay for the damages and injuries the other party suffers from.

According to the insurance laws of Indiana, every person driving a vehicle should be covered by an insurance policy. Any driver found without the insurance I.D card issued by the insurance agencies could find himself facing a three month suspension. The law also of Indiana auto insurance also makes it mandatory for the drivers to purchase the auto liability policy of 25/50/10. For bodily injury or death of one person, the least amount fixed by the state is $25,000. For injuries to more than one people in the accident the minimum level of bodily liability injury is $ 50,000. $ 10,000 is the lowest amount fixed for any damage done by you to the property of others. This liability plan comes to your rescue when you cause an accident.

You can enhance the above mentioned insurance by adding more coverage like Collision, Comprehensive and Personal Injury Protection (PIP). Although the state has fixed the amount of the compulsory auto liability insurance, it does not fix the rates the insurance companies offer.

Tagged with:

Filed under: Auto Insurance By States

Like this post? Subscribe to my RSS feed and get loads more!