Indiana Auto Insurance Quotes

Have you been searching for the best rates on Indiana auto insurance premiums? You've come to the right place. Here, you'll find auto insurance quotes from several companies licensed to do business in Indiana, along with information on Indiana's auto insurance regulations. Before purchasing a policy, make sure you know what the minimum insurance requirements are so you can make sure your vehicle is always in compliance with what is required by law.

Indiana Liability Insurance Requirements

Like most states in the U.S., Indiana requires motorists to maintain liability coverage on all registered vehicles.  This liability coverage will cover bodily injuries or property damage in the event of an accident.  The minimum required coverage for bodily injuries for one person in one accident is $25,000.  For all bodily injuries sustained in one accident, the minimum coverage amount is $50,000.  Property damage coverage is a minimum of $10,000.  While some states require the purchase of personal injury protection or uninsured motorist coverage, they are not required in Indiana.  This type of coverage is optional and can be discussed with your insurance agent.

Determining Financial Responsibility in Indiana

There are two systems used in the United States to determine who is responsible for paying for expenses after an accident.  Under the tort system, fault must be assigned to one of the drivers involved in the accident.  That driver is then responsible for paying the expenses of others involved in the accident.  The tort system also allows for the driver who was at fault in an accident to be sued in civil court so that other accident victims can recoup losses such as lost wages or medical expenses.  Under the no-fault system, auto insurance companies must pay expenses after an accident regardless of who was at fault.  This system was introduced in order to reduce the prevalence of auto insurance fraud, but is only used in twelve states and Puerto Rico.  Indiana operates under the tort system for determining financial responsibility.

Indiana Penalties for Failing to Maintain Financial Responsibility

Driving without valid insurance is against the law in the state of Indiana, and there are several penalties that will be applied if a driver is found to be without auto insurance coverage.  For a first offense, the motorist's driver's license will be suspended for 90 days.  In order to get the license reinstated after a first offense, the driver must pay a reinstatement fee of $150 and furnish proof of valid auto insurance signed by a representative of their insurance carrier.  Subsequent offenses carry harsher penalties, with the license suspension lasting for one year if the subsequent offense occurs within three years of the first offense.  Reinstatement fees are $225 for a second offense and $300 for a third offense.