Auto Insurance In Indiana
If you’re a new resident in the state of Indiana and you need auto insurance or if you’re looking for better insurance rates on your current Indiana policy, you may have some questions that need to be answered before you start your search for the best coverage. It’s best to be informed about what you need before you start speaking with insurance companies, so you’ll need to find out what types of coverage you need, how much coverage you need, and how to find the best rates for auto insurance in Indiana.
What Coverage Do I Need for Auto Insurance in Indiana?
Indiana requires that all motorists maintain bodily injury coverage and property damage coverage on all vehicles. If you are ever stopped by a police officer, you will be required to present proof of insurance at that time. New Indiana insurance policies are also required to include uninsured/underinsured motorist coverage unless a specific written rejection is received from the buyer. While older policies do not have this requirement, it is still wise to consider maintaining this type of auto insurance in Indiana in order to protect yourself if you are in an accident caused by a driver who has little or no insurance coverage.
How Much Coverage Do I Need for Auto Insurance in Indiana?
The insurance requirements in Indiana specify that you must maintain 25/50/10 coverage at the minimum. This means that you must purchase at least $25,000 per person of bodily injury coverage $50,000 per accident of bodily injury coverage, and $10,000 of property damage coverage. Uninsured/underinsured motorist coverage has the same minimum requirements. Although drivers are not required to purchase more coverage, you may want to consider increasing the amount of coverage you buy since the above minimums may not pay for all bills in case of an accident. The general recommended minimums are $100,000 per person and $300,000 per accident for bodily injury coverage. Property damage coverage can be assessed based on the value of your vehicle. If you drive a new, expensive car, you may want to purchase both collision and comprehensive coverage, while an old clunker may need only the bare minimum.
How Can I Find the Best Rates for Auto Insurance in Indiana?
Shopping around is an absolute necessity in order to ensure that you have the best available rates. While Indiana’s average rate is a bit lower than the national average, auto insurance in Indiana increased by 39% during 2009 as compared to 2008. This means that the best rate this year may not be from the same company as the best rate last year, and you may find that getting quotes from other companies yields significant savings. Making use of a centralized comparison website can save you a lot of work as you’re gathering information. These websites can get free quotes for you from various companies, enabling you to make a quick initial comparison as to which places you’d like to check out further. Remember, though, that the cheapest rate may not always be the best rate. Consider other factors such as what benefits are offered, what the claims process is, what exactly is covered and what the service is like. In the end, go with a company you feel will offer you the best quality protection at the best rate. It’s a good idea to speak with an actual representative before you make your final decision so you can get a feel for how you might be treated as a client.
Shopping for auto insurance in Indiana doesn’t have to be a frustrating or time-consuming process. Enter your zip code at the top of this page to receive your free auto insurance quote and begin your search for better rates today.