Liability Insurance Coverage Indiana IN

Reader’s Question:

How do I know that my car insurance policy here in Indiana has enough coverage in case I get involved in a car accident?

Natalie

Fort Wayne, IN

First, you should know the state minimum requirements for liability insurance coverage in accordance with its financial responsibility laws. For the state of Indiana it falls under 25/50/10, that means at least $25,000 worth of payments for injuries caused to each individual per accident for a minimum total of $50,000 for all individuals involved per accident and another $10,000 total minimum payout amount for damages to private or public property. Please note that you can easily be sued for amounts far exceeding the state minimum liability amounts in the event you do manage to cause a car accident.

Now that you know the minimum amounts of (liability) coverage that you should get it will then be a very good idea to get a higher liability coverage limit from your insurance policy. As high as you can comfortably pay regularly. Another part of you coverage that you should pay attention to would be Medical Payments Coverage (Med Pay) or Personal Injury Protection. This is a kind of no-fault coverage and pays for your treatment of injuries including medical and hospitalization costs regardless of who caused the accident. Collision coverage should also be adequate so that it can cover for any payments to repair and restore your vehicle to it’s original state prior to a car accident.

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