East Coast Auto Insurance offers top rated Indiana auto insurance companies from Allstate to Geico and Progressive and 21st Century.  We will help you find suitable coverage no matter what your driving history is.  Call us now at 888-206-0565 for immediate assistance.

Indiana state law requires all drivers to carry liability insurance or file proof of financial responsibility with the state.  The state of Indiana follows a Tort liability system, so there are no restrictions on lawsuits.

Financial proof may be a $40,000 cash deposit with the state; a $40,000 bond or a trust fund with the value of $40,000 or more.

Most auto owners however will opt for a Liability policy.  Although a traditional ‘tort’ state Indiana unlike most states, requires insurance for uninsured/ underinsured motorists. Here are the minimum limits required:

  • $25,000 bodily injury per person, per accident – including uninsured motorists
  • $50,000 bodily injury for two or more persons, per accident – including uninsured motorists
  • $50,000 bodily injury per accident for underinsured motorists
  • $10,000 property damage

Legally, should you be found to be at fault in an accident, these limits will hardly be sufficient to properly cover your personal expenses and the legal fees that will probably arise from a lawsuit. At East Coast Insurance we offer additional coverage for medical, collision, comprehensive and umbrella policies – all designed to insure that your family and your assets are full protected in case of an accident.   We will provide the best coverage possible at the best rate – so call us: 888-206-0565
What are the rules regarding whether a driver has prior insurance? That is, how does state law handle it if a driver has no prior insurance or has let their previous insurance lapse?

In the state of Indiana, it you allow your insurance policy to lapse, you are driving without insurance. If you are caught driving without insurance, the penalties are stiff. You could end up paying $150-$300 in reinstatement fees and you could lose your license for 90 days up to a year. In addition to expensive fines and license suspension, Indiana motorists who allow their policies to lapse for any reason often must pay an initial 25%-50% percent surcharge for a new policy.

Can Indiana auto insurance companies use personal credit scores to determine rates and insurability?

In the state of Indiana, insurance companies are permitted to use Personal Credit History, specifically credit scores, to select applicants and set rates. Other factors Indiana auto insurance companies may use to determine rates and product offers include:

  • Age and Sex
  • Car Use
  • Claims History
  • Deductibles
  • Driver Record
  • Driver Training
  • Marital Status
  • Place of Residence
  • Policy Limits
  • Type of Car

 

What is the average auto insurance premium in this state? As of what year?

As of 2006, Indiana resident’s average insurance premium was approximately $631 the 43rd most expensive in the nation. This was down 4.0%  from the previous year. The national average was $817.

We will place coverage with top rates insurance carriers. Here are some, to name a few:

  • 21st Century
  • AAA
  • Allstate
  • Esurance
  • Geico
  • Liberty Mutual
  • Progressive
  • State Farm
  • Travelers
  • Zurich