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In the state of Indiana, auto insurance is required by state law. All Indiana motorists must carry minimum auto liability insurance in the amount of 25/50/10. Each newly written Indiana auto liability policy must include uninsured and underinsured motorist’s coverage unless you reject this in writing.
This means, in order to operate a vehicle on Indiana roads you must carry:
$25,000 of Liability Bodily Injury coverage per person injured
$50,000 of Liability Bodily Injury coverage per accident
$10,000 of Property Damage coverage per accident
Auto liability insurance coverage refers to insurance against loss resulting from civil liability for injury or damage to the persons or property that belongs to other people. The Indiana Department of Insurance strongly recommends purchasing higher amounts of auto insurance than the legal limits plus uninsured/underinsured motorist insurance (UM/UIM).
Driving without a current liability policy that meets the Indiana state minimum standard is against the law. The state minimum standard is $25,000 for bodily injury to, or the date of, one individual; $50,000 for bodily injury to, or death of, two or more people in any one accident; and, $10,000 for property damages in any one accident. This is commonly referred to as 25/50/10 liability insurance. To deter uninsured drivers, Indiana law requires the BMV to impose driving privilege suspensions and financial penalties on motorists that are found to have operated a vehicle in Indiana without proof that they hold the state minimum requirement for auto insurance. Financial penalties include reinstatement fees and suspensions can range from 90 days to one year. Source http://www.in.gov/bmv/2375.htm.
If a person is found guilty of driving without insurance in INL, the law requires the person to show proof of insurance to the IN Bureau of Motor Vehicles with a special certificate called (SR-22). Failure to show proof of insurance will result in a financial responsibility suspension.
Purchasing insurance in Indiana is simple if you have no violations, DUI’s or accidents. Once you are classified as a high risk driver you need to find licensed professional that provide drivers the choice of insurance companies serving their area. The average yearly cost for a preferred or normal driver to obtain Indiana automobile insurance is $916. If you have tickets, a DUI or several accidents in the last 5 years it will cost you more.