Indiana Insurance Policies

Indiana Insurance Policies

If you reside in the state of Indiana then you require Indiana insurance. Data looking into employment and wages in Indiana yields the result that the insurance industry in this state is the highest paying non-manufacturing sector throughout the state. In 2003 the total insurance premium tax receipts equaled more than $178 million.

There are many different kinds of insurance in Indiana. There is car insurance, health insurance and also insurance that can be purchased through the Department of Indiana Insurance.

In terms of health insurance the majority of individuals in the state are insured through employer sponsored health insurance policies. If you have access to such a plan then you will pay less in premiums as your employer will bear the brunt of the costs. However there are plenty of options when it comes to Indiana insurance. Always take the time to compare the credentials of various companies before you decide to sign with any one in particular.

Some of the top life and health insurance providers in the state of Indiana include Anthem Health Systems, American United Life Insurance State, Golden Rule Insurance, Conseco Insurance, Liberty Mutual Insurance Company, Safeco Insurance Company of America and Lincoln National Life Insurance. Always do thorough research before you choose the coverage you wish to go with!

As far as car insurance goes in Indiana, the process is identical to other states. A contract must be signed between an individual and an insurance company. But first you must check around to see what companies are out there. Some examples of Indiana insurance companies include Allstate Insurance, Bennett and Bennett Insurance Inc., Farmers Insurance, and the Parrot Insurance Agency.

In Indiana the bare minimum that a motorist needs to be on the road is liability coverage. It is illegal to drive without this type of coverage. As far as liability coverage is concerned, the criterion is as follows:

•    Bodily injury coverage if one person is involved in an accident is $20,000
•    Bodily injury coverage for all persons involved in an accident is $40,000
•    Damage of property due to an accident is $10,000

Auto insurance rates in the state of Indiana require various things such as knowing the type of vehicle a person drives, their driving record, the geographical location they live in, their average driving mileage, etc. Find out everything that is required of you before you make that all important trip to apply for a vehicle insurance policy. In the game of insurance there is no such thing as knowing too much.