Indiana Car Insurance Requirements

The state of Indiana follows a Tort system meaning someone must be found to be at fault for causing the accident, and that person and their insurance company is responsible for all the damages.

indy

Liability coverage isn’t the only way to show financial responsibility. Other options include:

  • A deposit with the state treasurer in the amount of $40,000.
  • A trust fund with a market value of $40,000.
  • A bond issued by a surety company.

Minimum insurance coverages include:

  • Uninsured motorist coverage: $25,000 bodily injury coverage for one person in a single accident.
  • Uninsured motorist coverage: $50,000 bodily injury coverage total in a single accident.
  • Underinsured motorist coverage: $50,000 bodily injury coverage total in a single accident.
  • $10,000 property damage coverage.

Proof of Insurance and Penalties:

If you want to register and/or title your vehicle, you’ll have to show proper proof of insurance. The state also keeps track electronically. You risk license suspension and losing car registration if you don’t maintain your insurance coverage.

For more information:

http://www.in.gov/bmv/

Indiana Bureau of Motor Vehicles
100 N. Senate Ave.
Indianapolis, IN 46204