Indiana residents find themselves quite centrally located and because of that, they have traffic coming in out of from the neighboring states in all four directions. Combine this heavy traffic flow and the somewhat harsh winter road conditions and you will see why Indiana motorists have to be sufficiently covered for accidents and collisions. Indiana auto insurance rates are actually below the national average even though they did increase by about 1.3% in 2007. On average Indiana auto insurance customers paid $1481 a year in 2007, whereas the average national rate was $1886. Individual Indiana auto insurance rates were subject to fluctuations in driver stats meaning that every car driver was charged according to their personal driving history, make of car etc.
Indiana Auto Insurance Requirements
Indiana law is governed by the tort system whereby one driver is deemed to be at fault in any accident. Indiana State requires that each driver carry a minimum amount of car coverage to protect them against accidents they have caused.
- Bodily Injury Liability – Basic Bodily Injury Liability insurance with pay out up to $25,000 from the at fault driver’s Indian auto insurance to cover medical expense for one person in the other.
- There is a ceiling of $50,000 for more than one injured party in the other car.
- Property Damage Liability – With minimum property damage protection at fault Indiana auto insurance customers will be covered for $15,000 for damages sustained to the other car or public property.
Indiana State recommends that each driver carry higher insurance coverage to protect against the huge bodily injury and damage claims if they turn out to be the driver at fault. Indiana also recommends carrying Comprehensive and Collision coverage so that if they are at fault in an accident they can have protection for damages sustained to their own car. Comprehensive and Collision coverage also protects the insured’s car from damage sustained by wildlife or natural events such as storms and fallen branches.
