Automobile insurance rates have jumped 110% since 2008 when the average premium was $657. Today the average auto insurance policy costs drivers from Indiana $1,381. Such a price jump should encourage more people to shop around for their auto insurance and educate themselves on how insurance rates work.
Experts agree that by comparing rates consumers can get the cheapest car insurance in Indiana.
Indiana Car Insurance Coverage Requirements
Indiana state law requires all drivers to purchase car insurance. The coverage required by the law is made up of two types: bodily injury liability and property damage liability.
Bodily injury liability covers your legal responsibility for harming someone else in an accident you are deemed “at-fault” for. In Indiana, the minimum amount of coverage requirement for bodily injury per person is $25,000, and the minimum for bodily injury per accident is $50,000.
Property damage liability pays for your legal responsibility for damaging another person’s property. Indiana law requires the that the minimum amount of property damage liability drivers must have can be no less than $10,000.
I Have a Problem with a Car Insurance Company in Indiana?
For conflict resolution with an insurance brokerage or company you can contact the Indiana Department of Insurance for more information. They do note, however, that before you contact them you should do your best to resolve the issue between yourself and insurance provider and if no resolution can be reached than contact them.
Indiana Dept. of Car Insurance
311 West Washington Street
Indianapolis, IN 46204-2787
Phone Toll Free: 1-800-622-4461