Indiana car insurance rates are one of the lowest in the U.S., especially in relation to the income levels because it shows how affordable premiums are. Policy costs have been consistently low and follow the cycle of national average closely.
Drivers in this state are more aware of driving and drinking than rest of the country. The number of alcohol related deaths are below national average in both mature and teen drivers categories. Auto theft has been below national average and falling. That is good news for motorists and policyholders as vehicle related crimes directly affect insurance premiums. Numbers of uninsured drivers are higher than national average but not alarmingly high as is the case in some states.
If you get caught driving without insurance in Indiana, your license will be suspended for at least 90 days. Two or more of these offences within a 3-year period will result in an additional one-year suspension. Digital proof of insurance is accepted in the state.
There is always something to do in Indiana, “The Crossroads of America”. It is the home of Indianapolis Motor Speedway, world’s largest auto racetrack and highest capacity sports venue in the world with 400,000. It is home to Indianapolis 500, the 400 Brickyard and other host of events. The state also hosts RCA Tennis Championships, NFL and NBA teams.
It is easy to get there and move around within as Indiana has the best railroads, train stations and waterways in the USA. You can always get there by car too. In fact you may have to pass it to go across the country, anyway.
Car Insurance Coverage in Indiana
Drivers in the Hoosier State are required to carry the following minimum liability covers and limits:
- $25,000 in bodily injury liability coverage per person
- $50,000 in bodily injury liability coverage per incident
- $10,000 in property damage liability coverage per incident
These minimum limits are usually expressed as 25/50/10. You can and should choose much higher limits always to be on the safe side.
All Indiana policies also include uninsured motorist liability coverage, with the same limits as your bodily injury liability, and underinsured motorist bodily injury coverage with a minimum limit of $50,000 per incident. This is great because it can help you avoid large bills if an uninsured driver ever hits you.
Most people would want to add Comprehensive, Collision, Medical payments, Rental reimbursement, Emergency Roadside Service, Loan/lease gap additional covers to increase the level of protection their automobile insurance offer.
Car Insurance Discounts in Indiana
There are array of vehicle insurance savings for the drivers, including; Paid-in-Full discount, Homeowners discount, Claim-Free discount, Multi-Car discount, Multi-Policy discount, Switching discount and Good Student discount.
What Affects Your Auto Insurance Rates in Indiana
As usual there are many factors that can increase or decrease the price you pay for insuring your automobiles. Auto insurers include following factors into their calculations when determining your premium.
- Claims history and driving records
- Age, gender, marital and professional status
- Year, make, and model of the car insured
- Average annual mileage expected
- ZIP Code where the automobile is parked
- Coverage requirements, limits, and deductibles chosen
The more each of the components positively affects your rates the lower your premium will go down. If you are looking for cheap auto insurance in Indiana you will need to shop around until you get the cheapest prices for the coverage you need.