Indiana auto insurance is pretty straightforward. But that doesn't mean you can get the best Indiana auto insurance policy with your eyes closed.
This guide:
• Explains Indiana auto insurance laws and requirements
• Describes how Indiana auto insurance rates are set
• Shows you how you can save money by comparing multiple quotes
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Indiana car insurance laws
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, 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.
Sidebar If you are an Indiana resident, you may be able to save on your premium by visiting Electric Insurance. Their policies are available only to better drivers, whose credit and driving records could be described as being at least good.
For better or for worse, the price of Indiana auto insurance is decided by the behavior of Hoosier drivers as a whole. Indiana auto insurance companies take the cost of providing insurance for Indiana drivers (this includes what they pay out for injury and damage, legal and administrative fees, and the cost of prosecuting insurance fraud) and divide it up among the drivers.
But these costs aren't spread around evenly. Instead, Indiana car insurance providers calculate how much a certain "category" of driver costs them, and decide premiums based on that. The "category" you're in is decided by your driving record, your age, where you live, and the kind of car you drive, among other things.
Of course, not all insurance companies use the same categories and calculations, so the same set of characteristics (yours!) will be seen very differently by different insurance companies. And they'll quote youdifferent rates.
What this means for you, as an Indiana driver, is that you need to shop around. It's the fastest easiest way to save on an Indiana auto insurance policy. And you don't have to change a thing.
Fortunately, shopping around is easy to do online.
Where to get Indiana car insurance quotes.
The following web sites will help you find Indiana auto insurance quotes: (these links will open in a new window)
• ComparisonMarket is our featured service, for the simple reason that they are the best service. This is the place where you can save $400, or more.
• 21st Century another great insurer for better drivers.
• Netquote is very helpful if you want a local agent to contact you, to help you sort out the details of your policy.
• Geico - The green gecko says you will probably save some dough at Geico. Maybe.
• Get quotes by ZIP Code. Enter your ZIP below to get a quote from a provider right in your neighborhood:
To speed things up, you might wish to have some information required for an online quote ready before you begin.
More IN car insurance advice and help
If you want more help designing your IN auto insurance policy, read our guide to setting safe and reasonable car insurance coverage levels. It contains loads of money-saving tips, too.
To read more about IN auto insurance laws and regulations, visit the state's official website of the Indiana Department of Insurance.
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