Frequently Asked Questions
What types of auto policy protection coverage are out there? Bodily Injury, Property Damage, Medical Payments, Under-/Un-insured Motorist, Under-/Un-insured Property Damage, Collision, Other than Collision/Comprehensive, Towing, Rental Expense, and Loan/Lease Gap
What is the difference between COLLISION and COMPREHENSIVE coverage? Both Collision and Comprehensive are subject to a set deductible per your insurance policy. However, COLLISION coverage will pay for damage caused to your car if your car is damaged in a collision or by upset. COMPREHENSIVE coverage will pay for damages to your car that are caused due to perils other than Collision or Upset. Examples of a COMPREHENSIVE claim would be deer losses, theft, fire, windstorm, or glass breakage.
What kinds of factors can have an effect on insurance rates? Insurance rates are influenced by your age, sex, your marital status, driving record, car usage, place of residence, policy limits, deductibles, type of car, driver training, claim history, and also your credit score.
What are the state minimum limits for liability in the state of Indiana? Drivers in Indiana must carry a CSL of 60,000 or 25,000 per person/50,000 per accident for Bodily Injury with 10,000 coverage for Property Damage. It is important to remember that if damages exceed your policy limits, you may be held personally liable for damages. It might be wise to up your current liability limits to ensure complete coverage in all accident situations.
Are there any optional coverage types that I should be aware of when buying an auto policy? One of the coverage options that must be offered to you by your agent is uninsured and underinsured motorist coverage. If you choose not to have this coverage on your policy, you must reject it in writing. Minimum liability requirements are the same as the state minimum limits for Bodily Injury and Property Damage.
What is a CERTIFICATE OF COMPLIANCE? When must it be filed? A CERTIFICATE OF COMPLIANCE must be filed by your auto insurance agent following an accident or a traffic violation to serve as PROOF OF FINANCIAL RESPONSIBLITY. This should be completed within 30 days of the incident. If the state does not receive this form within 40 days they can suspend your license and/or registration.
What can I do if I am turned down for insurance coverage? If you are turned down for insurance, you can apply for the INDIANA AUTO INSURANCE PLAN through any agent in Indiana.
What kinds of discounts are available on insurance coverage? There are many different kinds of discounts that are available from various underwriting providers. Some of the most common discounts include the Multi-Car Discount, Auto-Home Discount, Good Student Discount, Level of Education Discount, Paperless Discount, Accident Free Discount, and the Financial Stability Discount. For a complete listing of all available discounts, talk to your agent today. It is important to remember that discounts vary from company to company.
What is the difference between COLLISION and COMPREHENSIVE coverage? Both Collision and Comprehensive are subject to a set deductible per your insurance policy. However, COLLISION coverage will pay for damage caused to your car if your car is damaged in a collision or by upset. COMPREHENSIVE coverage will pay for damages to your car that are caused due to perils other than Collision or Upset. Examples of a COMPREHENSIVE claim would be deer losses, theft, fire, windstorm, or glass breakage.
What kinds of factors can have an effect on insurance rates? Insurance rates are influenced by your age, sex, your marital status, driving record, car usage, place of residence, policy limits, deductibles, type of car, driver training, claim history, and also your credit score.
What are the state minimum limits for liability in the state of Indiana? Drivers in Indiana must carry a CSL of 60,000 or 25,000 per person/50,000 per accident for Bodily Injury with 10,000 coverage for Property Damage. It is important to remember that if damages exceed your policy limits, you may be held personally liable for damages. It might be wise to up your current liability limits to ensure complete coverage in all accident situations.
Are there any optional coverage types that I should be aware of when buying an auto policy? One of the coverage options that must be offered to you by your agent is uninsured and underinsured motorist coverage. If you choose not to have this coverage on your policy, you must reject it in writing. Minimum liability requirements are the same as the state minimum limits for Bodily Injury and Property Damage.
What is a CERTIFICATE OF COMPLIANCE? When must it be filed? A CERTIFICATE OF COMPLIANCE must be filed by your auto insurance agent following an accident or a traffic violation to serve as PROOF OF FINANCIAL RESPONSIBLITY. This should be completed within 30 days of the incident. If the state does not receive this form within 40 days they can suspend your license and/or registration.
What can I do if I am turned down for insurance coverage? If you are turned down for insurance, you can apply for the INDIANA AUTO INSURANCE PLAN through any agent in Indiana.
What kinds of discounts are available on insurance coverage? There are many different kinds of discounts that are available from various underwriting providers. Some of the most common discounts include the Multi-Car Discount, Auto-Home Discount, Good Student Discount, Level of Education Discount, Paperless Discount, Accident Free Discount, and the Financial Stability Discount. For a complete listing of all available discounts, talk to your agent today. It is important to remember that discounts vary from company to company.