STATE ACTIVITIES:
Indiana Auto ALL STATES →
March 2018 VIEW PUBLICATION →
REGULATORY ACTIVITY:
- TITLE 760 DEPARTMENT OF INSURANCE; ARTICLE 1. GENERAL PROVISIONS; Rule 1. Automobile Liability Insurance–Policy Form
760 IAC 1-1-1 Disclaimer of personal injury or property damage coverage Authority: IC 27-1-3-7 Affected: IC 27-1-13-7
Sec. 1. Whenever any insurance company authorized to do business in the State of Indiana issues an automobile insurance policy providing collision or material damage coverage only and which does not provide liability coverage for personal injury or property damage, the policy or the certificate given in lieu thereof shall contain the following notation upon its face or filing back: "THIS POLICY (CERTIFICATE) DOES NOT PROVIDE LIABILITY INSURANCE FOR BODILY INJURY OR PROPERTY DAMAGE." Such notice shall appear in not less than 10 point type. It may be printed or may be made by rubber stamp impression; provided, however, that deviation from the form prescribed herein may be permitted upon the approval of the Department of Insurance of Indiana. (Department of Insurance; Reg 1; filed Dec 24, 1952, 11:20 am: Rules and Regulations 1953, p. 157; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 530; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA)
September 2017 VIEW PUBLICATION →
LEGISLATIVE ACTIONS:
- House Bill 1033
Motor vehicle insurance policy requirements. Changes the application of SEA 40-2016 from July 1, 2017, to July 1, 2018. Requires that a motor vehicle insurance policy issued or renewed after June 30, 2017, to establish financial responsibility must provide property damage coverage of $25,000 rather than $10,000. Effective Date July 1, 2017.
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