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Auto insurance rates change as years go by and if you do not know about the changes in Indiana you can be paying more in auto insurance that you have to. In 2002 the average auto insurance premium was $742 and the rate increased 3.5% in 2003.Under Indiana state law there is a minimum Bodily Injury Liability coverage requirement of $25,000 for each person injured and a total of $50,000 for each accident. There is also a minimum met life ltc Property Damage Liability requirement coverage in the amount of $10,000.To pay for "reasonable and necessary" medical expenses for both you and your passengers there is Personal Injury Protection (PIP) that can be added to your coverage met life ltc. PIP is not a requirement under Illinois state law but some insurance carriers offer PIP coverage.It is the expectation that 2007 will see the first decrease in auto insurance rates since 1999. You can expect to see a .5% to 1% decrease in rates from 2006 alone. Websites such as met life ltc, through technology, have brought about this change as they have brought the competition directly to the consumer..
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Auto insurance rates change as years go by and if you do not know about the changes in Indiana you can be paying more in auto insurance that you have to. In 2002 the average auto insurance premium was $742 and the rate increased 3.5% in 2003.
Under Indiana state law there is a minimum Bodily Injury Liability coverage requirement of $25,000 for each person injured and a total of $50,000 for each accident. There is also a minimum met life ltc Property Damage Liability requirement coverage in the amount of $10,000.
To pay for "reasonable and necessary" medical expenses for both you and your passengers there is Personal Injury Protection (PIP) that can be added to your coverage met life ltc. PIP is not a requirement under Illinois state law but some insurance carriers offer PIP coverage.
It is the expectation that 2007 will see the first decrease in auto insurance rates since 1999. You can expect to see a .5% to 1% decrease in rates from 2006 alone. Websites such as met life ltc, through technology, have brought about this change as they have brought the competition directly to the consumer..