State Requirements
Basic Liability Coverage: Indiana requires bodily injury liability
coverage of, at minimum, $25,000 per person and $50,000 per incident,
and property damage liability coverage of at least $10,000 for each
incident.
Uninsured or Underinsured Motorist Coverage: The minimum coverage is
$25,000 of uninsured motorist bodily injury coverage per person and
$50,000 per accident, $10,000 of uninsured motorist property damage
coverage per accident and $50,000 of underinsured motorist bodily injury
coverage. ( While this is required in Indiana, you can reject this type
of coverage in writing if you choose. )
Let’s look at additional ways to make sure you are
covered:
Basic Liability Coverage
This is the most basic level of Indiana auto insurance. If you want to
drive legally in this state, or any other state, you will need basic
liability coverage. Liability insurance covers the medical bills and
property damage for the other driver and his/her passengers if you are
at fault for an accident. The repair costs and medical bills resulting
from a collision often far exceed these amounts, though. Many drivers
opt for additional liability coverage.
Comprehensive and Collision Coverage
If you want more than just basic liability coverage, you will want to
look into comprehensive and collision. The collision coverage will take
care of your repair costs and rental car charges following an accident,
while the comprehensive coverage will also protect you in the case of
fire, vandalism, theft, or windshield damage. Acceptance offers a range
of deductible options, so you can choose the monthly payments that work
for you.
Uninsured Motorist Coverage
As mentioned above, this is also a required type of Indiana auto
insurance, but unlike basic liability, you can reject this type of
coverage in writing if you so choose. This is not advisable, however,
because many drivers are either uninsured or only carrying the bare
minimum amount of coverage. If you want to make sure you're covered
after an accident, regardless of the other driver's insurance status, be
sure to add this to your Indiana auto insurance policy.