Indiana Auto Insurance

Indiana Auto Insurance

 

Use us for getting great pricing on Indiana auto insurance rates. Use our on site utilities to shop multiple comanies at one time. Auto insurance can be a dry subject particularly when you are trying to understand what insurance coverages you need or might want. We have tried to make it easier for you by using simple explanations and color codes below to help you connect the dots and understand your choices.

Indiana Auto Insurance 

Auto Insurance Coverages

Minimum Liability Required by Law- 25/50/25

 

BI-25/50 (BI means Bodily Injury for those you injure outside your car while driving)

-Minimum Limits to be legal - 25 meaning $25,000 per person you injure in an accident,

-50 meaning $50,000 Max paid per accident regardless of number of people you injure

-(Higher limits are available typically 50/100 = $50,000/100,000 or 100/300 = $100,000/300,000)

 

PD-25 (PD means Property Damage to things you hit or damage with your car)

-Minimum Limits to be legal - 25 meaning $25,000 per accident

-(Higher limits are available such as 50 = $50,000

 

IMPORTANT-Leased cars will require higher limits typically 100/300/50



Other Non-Required Coverages

Uninsured/Underinsured MotoristsAvailable in various limits, pays you for bodily injury/property damage if hit by an uninsured driver or by a driver with not enough insurance to cover your losses. Highly recommended considering estimates of 30%+ drivers are uninsured.

  

Med, Med Pay, Medical - Usually in excess of other medical coverage. Limits can vary from $1000-$5000 or more.

 

GAP - Pays for difference in value and loan amount if car is a total loss. It may also pay the difference due on the balance of a lease if the car is a total loss. 

 

Comp (Comprehensive or Other Than Collison) Damage to your car other than collision with out of pocket deductible typically $250, $500, $1000, etc.

(Will be required by bank or leasing company if there’s a car loan or leased)

 

Collison – Damage to your car from collision with out of pocket deductible typically $250, $500, $1000 etc.

(Will be required by bank or leasing company if there’s a car loan or leased)

 

Towing – Usually pays up to certain amount, certain distance, paid out by insurance carrier or a reimbursement to you.

 

Rental Car – Pays only as a replacement use when your car can’t be used due to accident. Not for vacation rentals or routine maintenance. Usually pays up to a certain amount for a certain number of days. Car rented is usually of equal or lesser type to your car because the insurance company doesn’t want you to be tempted to keep a better car longer than necessary to drive at their expense.