If you plan to drive an automobile in the state of Indiana be prepared to purchase an auto insurance policy. In the state of Indiana all registered vehicles must carry minimum amounts of liability insurance to comply with the laws of the state. The coverage must be carried at all times.

Drivers must have a policy that includes $25,000 in bodily injury coverage, with a maximum amount of $50,000 for all injured parties involved in the accident. $10,000 worth of property damage coverage must also be carried. In lieu of this insurance drivers may post a bond in the amount of $40,000. This amount must be in cash or other securities.

The state required coverage pays only for damages to the other party involved in the accident. Many people add amounts higher than what is required due to the costs of damages when an accident occurs. Additional types of coverage can also be purchased to offer protection to your own property and injuries. An insurance agent can help you determine what, if any, additional insurance policies you should carry. For vehicles under lease these additional coverages may be required by the leasing company regardless of the laws.

If you choose to disregard these laws there are penalties for doing so. The state can suspend your driver's license for a period of 90 days as well as a reinstatement fee ranging between $150 and $300, depending on the number of offenses you have for not carrying insurance. If you are caught without insurance twice in the same year, you will lose your driver's license for a period of one year.

while some people feel auto insurance is a waste of time nothing could be farther from the truth. It is estimated that all drivers will be involved in at least one automobile accident in their lifetime, and without insurance, the costs of the accident are your responsibility. Since an accident can quickly add up thousands of dollars, it is never worth the risk of driving without insurance coverage. Add to that the penalties that come along with it and driving without the required amounts of insurance is something you do not want to do.

Indiana has some of the lowest rates for auto insurance in the country. Rates for the average driver were $661 in 2009 making it the 43rd most expensive state for auto insurance rates. The national average for auto insurance premiums is $871 per year, so you can see how affordable it is to insure your vehicle in the state.

Before starting a new insurance policy keep in mind that there are many factors that can affect the amount you will pay for your coverage. This includes your age, sex, marital status, education level, number of miles the vehicle is driven per day, the type of vehicle being insured, your previous driving record, and even your credit score. Maintaining a safe driving record and a good credit score will help ensure you are getting the lowest rates possible for your coverage.

There are many ways to save on vehicle insurance in your state so visit cheapautoinsurance.org or visit the Auto insurance Indiana page to get an auto insurance quote for y

Auto Insurance also known as Vehicle Insurance. It covers the risks associated with the vehicles purchased.

Auto Insurance covers the losses and injury due to accidents caused to self, vehicle or anybody else or vehicle, property due to our vehicle. It also covers the destruction caused to property belonging to the third party. There are various kinds of insurance covers, some may be optional. The person depending upon his requirements can buy these insurance covers. Full auto Insurance cover has most features of comprehensive insurance cover.

A person might have to shell out lot of money on premium for auto insurance. However there are certain tips, which can help in getting a cheap full coverage auto insurance

* It is important to understand what kind of insurance cover serves our and the vehicles purpose the best. This can rule out buying irrelevant covers. One must look in to the factors like our age, vehicle age, cost etc before buying insurance.

* Getting insurance quotes for full auto insurance from internet is a very convenient option. Various insurance covers by different companies and their premiums are listed .A choice can be made keeping in mind the amount which are willing to pay for insurance. Rates by companies can be compared. The rock bottom rates can be figured out online.

* One must assure that the vehicle does not get underinsured. In such a case, the cover will not protect against the possible risks. Similarily the vehicle should not get over insured also. Over is insurance covering the vehicle only in rare situations. Like if a ten or twelve years old vehicle is insured for collisions is an example over insurance. The customer ends up paying unnecessary amount towards insurance, thus adding to the costs.

* Hiring a good insurance agent can also guide on the best insurance cover at the right price.