Car insurance in Indiana is required for vehicles that operate on public roads. Getting car insurance is not the most difficult of tasks, but deciding upon what kind of auto insurance is most appropriate for your needs can take some time and research. Some people look for the cheapest auto insurance they can find, while others want full coverage car insurance. But whether you want discount auto insurance or are willing to pay for something more substantial, chances are you will find a plan that meets your needs. It is important to keep in mind, especially when shopping for cheap auto insurance, that Indiana has minimum requirements that must be met. Auto insurance rates vary according to the amount of coverage you carry and the limits of your policy. Different insurance companies will also tend to charge different rates even for the same individual. Auto insurance quotes also differ depending upon your personal information such as driving history and the make, model and year of vehicle you drive. If you are ready to buy auto insuranceget auto insurance quotes here to get rates that will fit your budget.
Penalties for Driving Without Auto Insurance in Indiana
Drivers without auto insurance in compliance with state minimum standards are in violation of the law. Indiana car insurance state minimum standards are:
- $25,000 for bodily injury or death of one person.
- $50,000 for bodily injury or death of two people for one accident.
- $25,000 for property damage coverage for one accident.
This auto insurance coverage is often referred to as 25/50/25 liability auto insurance for short. The Indiana Bureau of Motor Vehicles (BMV) sets the standards for car insurance coverage and also imposes penalties on motorists who fail to meet those requirements. Those without proof of auto insurance may face financial penalties as well as a suspended driver’s license. Financial penalties for not having car insurance typically include reinstatement fees and the range of the suspension can last anywhere from 90 days to one year.
The BMV can ask for proof of vehicle insurance, which is referred to as proof of financial responsibility. If you receive such a request, contact your auto insurance provider as soon as possible so they may submit a Certificate of Compliance (COC). This can be done electronically. The BMV may ask for proof of car insurance as a result of several situations including a reported car accident. You may also be asked for proof of insurance after receiving a moving violation that results in points on your license within one year of receiving two other pointable moving violations, following a misdemeanor or felony traffic conviction or after a pointable moving violation under a suspended drivers license for a failure to provide proof of car insurance.
A proper COC demonstrates valid auto insurance when you were operating your vehicle at the time an accident or when receiving a moving violation. The COC also confirms that your car insurance meets state minimum requirements for vehicle liability coverage (25/50/25). The BMV must receive the COC within 90 days of the request in order to process it and verify your valid vehicle insurance or a suspension of your driver’s license may be imposed. Get auto insurance quotes here.
How much is car insurance in Indiana?
Many drivers ask “What is the cheapest car insurance?” as well as “what is the best car insurance?” upon their search for a policy. Many starting out will also ponder how to get car insurance. Car insurance cost can vary quite dramatically from one company to the next. Your auto insurance quotes will be determined by a variety of factors. Some of the factors used by insurance companies to calculate your car insurance prices include the following:
- Age, sex, marital status and location of residence
- Driver record, claims history and credit scores
- Driver training, type of car and how the vehicle is used (whether for business or pleasure)
- Policy limits and deductibles
Now that you can find car insurance quotes online, searching for vehicle coverage is much easier. Motorists can now even use online car insurance quote calculators to compare auto insurance policies.