Indiana signThere are many different locations across the nation that requires automobile insurance of some form or another, and the Hoosier State is one of such places. In order for a person to legally operate a motor vehicle they must first obtain the proper amount of coverage. Indiana’s motorists are required by law to have at least $25,000 liability for bodily injury to one person in a single accident $50,000 for two or more people in a single accident, and $10,000 for property damage. In order to deter people from driving without the proper coverage, IN has a series of punishments in place should a person ever get caught operating without an active policy. If a motorist fails to acquire the proper amounts of coverage they risk a minimum 90-day driver’s license suspension and will be entered into the BMV’s Previously Uninsured Motorist Registry.

In an additional attempt to protect drivers from uninsured/underinsured motorists the state has laws in place to coincide with the liability requirements, making Indiana auto insurance among the most comprehensive in the nation. All residents are required to carry uninsured/underinsured coverage amounting to $25,000 for bodily injury for one person, $50,000 for two people or more, $10,000 for property damage, and underinsured motorist protection of $50,000 for bodily injury caused by an uninsured or underinsured motorist in a single accident. This additional coverage is required by law unless the motorist chooses to deny it with a written statement. To further solidify proof of insurance motorists are required to fill out an SR-21 form called a Certificate of Compliance in the event of an accident or a traffic violation. This document certifies that the signer is following the state’s financial responsibility laws and must be sent to the BMV or the motorist in question could lose their driver’s license.

Difficulty Getting Indiana Car Insurance

For some people, finding insurance in Indiana may prove to be difficult. In order to keep track of violations, the Hoosier State keeps a point system in place which assigns a number of points based off of the severity of a violation. For example, if a motorist is caught going 1 to 15 miles per hour over the speed limit they’re given two points; if they run a stop sign they’re given 6 points; should they happen to be caught racing on residential roads they’re given 8 points. If an individual accumulates over 18 points within a two-year period of time then they must have an administrative hearing in which a judge may issue a series of penalties, including suspension of driver’s license for up to a year, the driver may be placed on probation, or even a combination of the two. For people with a high number of points, obtaining coverage could be particularly difficult.

High risk drivers generally have a more difficult time finding automobile insurance, and with Indiana’s point system it may be slightly easier for a company to point out which motorists are likely to be repeat offenders. In order to find an affordable policy after accumulating a considerably large number of points a motorists may have to do a fair amount of research and put in the effort necessary to locate a company that caters to high risk drivers. Luckily, resources exist to help all motorists. The BMV, for example, released a document on state Points, Suspension, and Insurance Requirements so that motorists remain informed about how accumulating points can affect a motorist. Additionally, drivers can gather information about the IN point system and what measures can be taken to avoid accumulating points and what to do should they get any.