Chandler Auto Insurance in Indiana

If you have bought your first car and are looking to purchase Chandler car insurance for the first time, then, have your basics in place. Knowing the state specified minimums for all Chandler auto insurance policies in Indiana is a must, so you can ensure a valid policy. Having knowledge of the types of Chandler auto insurance coverage you can add to the policy will also prove helpful.

Insuring your first car in Chandler, Indiana

Congratulations on your new car! After a home a car is the second biggest investment most people are likely to make in their lifetime; and with the current economic situation most people prefer to stay in a rented apartment, thus making the car their biggest investment. All investments and assets need to be protected and this role is played by auto insurance for your car.

Types of cover available in Chandler, Indiana

You can opt for any of the following types of insurance. Liability cover insures you against any bodily harm and property damage caused to the third party. Collision cover insures you against any bodily harm caused to you and property damage caused to your vehicle. Non collision cover insures you against acts of nature, vandalism, accidents involving you colliding with a stationary object that is not a vehicle etc. Comprehensive cover insures you against theft, fire, and such other unforeseen circumstances. Uninsured and underinsured cover insures you against any bodily harm caused to you and property damage caused to your vehicle in the event that the other driver involved in the accident doesn't have or has insufficient insurance.

State minimum, extent of cover, and deductibles in Chandler, Indiana

The state minimum in Indiana is $50,000 for bodily harm i.e. $25,000 for the driver of the vehicle and $25,000 for the passengers; and $10,000 for property damage. These figures are prescribed as minimum values and your insurance cover should supersede them at all times.

A wise way to get a good extent of cover is to take a healthcare plan separately and take the bare minimum bodily injury cover and use the money thus saved to get additional cover for property damage. Always bear the value of your vehicle in mind when setting the limit for your property damage; if you have a new car its best to invest a few more dollars in insurance than repair bills, whereas if you have an old car that isn't worth too much you should probably just get the state minimum.

Deductibles can be defined as the amount of cash you will put down at the time of an accident; the higher your deductible the lower your premium. Your deductible should never be set to high, an attempt to save a few dollars by increasing the deductible can set you back by a couple of thousand dollars if you have an accident. A better way to save a few dollars is to try and qualify for discounts from your auto insurance company.

Local auto insurance quotes in your area can help you compare car insurance quotes for auto insurance coverage in all of the following ZIP codes in Chandler


Advertisement List