Indiana drivers must carry two primary forms of liability coverage, these being bodily injury coverage and property damage insurance. By carrying these two primary forms of liability insurance, Indiana drivers are protected from claims against them if they cause an accident to occur. Damages that are covered from these two types of insurance coverage include injuries to those involved in the accident as well as property that has been damaged.
In Indiana, the state minimum liability coverage is 25/50/10. This means that Indiana drivers must carry insurance that pays a minimum of $25,000 per person injured in the accident and at least $50,000 of coverage per accident. The insurance must also provide a minimum of $10,000 in coverage for property that is damaged as the result of an accident the insured driver caused.
The Bodily Injury Liability insurance, which is known as BI for short, covers the expenses associated with the injury or death of another person involved in the accident. These other individuals may include the drivers of other vehicles involved with the accident or the passengers in either the insured driver’s vehicle or in any other vehicle involved in the accident. Passengers injured as the result of the accident are also covered by Bodily Injury Liability insurance. Indiana drivers must carry at least $25,000 worth of coverage per person and $50,000 per accident when it comes to Bodily Injury Liability insurance.
Property Damage insurance, or PD for short, covers the expenses associated with any property damaged in the accident. This may include the vehicle or vehicles of other drivers, but also includes other property that may have been damaged as well. Indiana drivers must carry at least $10,000 in coverage per accident.
Indiana drivers must present proof of insurance coverage before they are allowed to register their vehicles or legally drive in the state. Insurance companies provide temporary proof of insurance cards, which can be used to provide proof of coverage and are the easiest way to prove coverage. Other methods, however, may be used as well. For example, the actual insurance policy may be presented as proof as can the receipt for the premium payment or the insurance binder that was issued by the agent for the insurance company.
The current declarations page may also be used to prove insurance coverage in Indiana. Or, the certificate of liability insurance policy that was issued by an authorized agent or by the insurer may be used.
Indiana drivers that have purchased a new vehicle within the past 60 days also must demonstrate proof of insurance coverage. This can be accomplished by showing proof of coverage for the vehicle that was replaced by the new vehicle.
If an Indiana driver rents a vehicle, he or she must also show proof of coverage for the vehicle. This coverage is indicated on the rental agreement. As such, the rental agreement may be presented as proof of coverage as well.