Insurance and Financial Responsibility Flashcards

What is the minimum bodily injury liability coverage required per person for Indiana drivers?

Answer: $25,000

Indiana requires minimum bodily injury liability coverage of $25,000 per person injured in an accident.

What is the minimum property damage liability coverage required in Indiana?

Answer: $25,000

Indiana requires a minimum of $25,000 in property damage liability coverage per accident.

What is the minimum total bodily injury liability coverage required per accident in Indiana?

Answer: $50,000

Indiana requires minimum bodily injury liability of $50,000 per accident (covering all injured persons combined).

What document must Indiana drivers carry in their vehicle to prove financial responsibility?

Answer: Proof of insurance card

Indiana drivers must carry a current proof of insurance card in their vehicle at all times as evidence of financial responsibility.

Which of the following is an acceptable form of financial responsibility in Indiana besides liability insurance?

Answer: A cash or securities deposit with the state

Indiana accepts a cash or securities deposit with the Bureau of Motor Vehicles as an alternative to traditional liability insurance.

What happens to your vehicle registration if Indiana BMV discovers you are driving without insurance?

Answer: Your registration may be suspended

If the Indiana BMV discovers a lapse in insurance coverage, your vehicle registration can be suspended.

How long can Indiana suspend your license for a first offense of driving without insurance?

Answer: 90 days

A first offense of driving without insurance in Indiana can result in a 90-day license suspension.