Indiana drivers who are looking for the cheapest auto insurance coverage need to have a plan in place to reach this goal. A two-pronged approach is the best way to find low rates on the coverage you need. The first step is to determine what type of coverage you need and how much to buy. Indiana is a tort state for car insurance, which means that drivers must make sure that they have enough liability protection in place so that they are not personally responsible for paying damages to the occupants of the other vehicle following an at-fault accident. All drivers must buy at least the minimum level of protection required under state law, but they can choose to carry a higher level of coverage if they wish.
In a case where a person is driving an older model car that has been paid for in full, it may not make sense to continue carrying full coverage on the vehicle. Dropping the collision protection completely and limiting the comprehensive coverage to fire and theft will help to save on premium costs. A driver who financed his or her ride will probably not be able to do so, since the financing company may insist that full coverage be kept in place as a condition of advancing the loan.
Getting quotes from several companies and comparing them carefully is the second part of finding the cheapest auto insurance coverage. Drivers should be looking for the best rates on the type of coverage they need.