- On a car insurance policy, there are either one or two dollar amounts. For instance, on bodily injury policies, there are two amounts listed. The first number is the maximum amount of coverage provided if one person is injured in an accident. The second amount is the maximum amount of coverage if several injuries occur in an auto accident. Some people have trouble getting car insurance coverage. For example, all over the country, insurance companies are denying coverage and charging high premiums to individuals whom they consider high risk drivers. High risk drivers are considered those who have been convicted of driving under the influence (DUI), been in several accidents and have received many traffic tickets. The Indiana Auto Insurance Plan requires every licensed insurance company to accept policyholders. This program assists Hoosiers who need help finding an insurance agency in Indiana.
- Indiana law mandates drivers to carry between $25,000 and $50,000 in coverage for bodily injury or death of two or more people in an accident. This covers injuries caused by the at-fault driver in a single accident when a claim is filed. Generally, under the representation of an attorney, a driver will file a claim against the at-fault driver's insurance policy. The attorney will try to negotiate with a claims adjuster on a settlement that will cover damages and losses as a result of the accident.
- In the state of Indiana, the minimum auto insurance coverage for property damage is $10,000. This covers the cost to repair property you destroy. This includes other cars and property, such as mailboxes, houses and fences.
- Uninsured and underinsured coverage protects Indiana drivers who get into an accident with a driver who doesn't carry insurance or insurance with the required amount of coverage. Indiana law requires motorists to carry these two types of insurance, unless the driver refuses to purchase this type of policy in writing. It's recommended that drivers purchase this type of insurance because it's projected that one in five Indiana motorists is uninsured.
- In Indiana, if you drive without car insurance, you will lose your license, and your registration will be suspended immediately. For the first offense, there is a 90-day suspension period. Hoosiers who violate this law more than once in a four-year period will have their driving privileges suspended for a year or more. In addition, suspended drivers will have to pay a reinstatement fee to get their driver's license returned. Depending on how many violations there are on your record, the reinstatement fee is between $150 and $400.