Auto Insurance

Indiana, like most other states, is a tort state. This means that you are financially responsible for any injury and damage you cause to others or their property in a car accident that is "your fault".

Liability insurance covers this type of situation, and it's the only type of auto insurance required by law. Indiana's liability minimums are 25/50/10. (That's $25,000 per person for injuries you cause to the other party, up to $50,000 for all, and $10,000 for any damage that you cause to the other driver's car and/or property.)

Of course, these are only minimums, and with the high cost of auto accidents today, it's highly recommended that you purchase more coverage. After all, you can be held responsible for all the injury and damage you cause, including lost wages or "pain and suffering".

Indiana auto insurance companies will also offer optional coverages such as medical payments, collision, and comprehensive, and uninsured and underinsured motorists’ coverage.

Uninsured and underinsured motorist coverage reimburses you for cost of your injuries (and sometimes property damage) caused by a driver without adequate liability coverage. Though these policies aren't required by law, they are both very important, and will be provided by every Indiana insurance company unless you reject them in writing.

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