Ind. Code § 9-32-11-14
Liability coverage
Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Sec. 14. (a) At the time of each license application and upon request of the secretary, a person licensed under this article shall furnish evidence that the person:
Sec. 14. At the time of each license application and upon request of the secretary, a person licensed under this article shall furnish evidence that the person:
(1) has liability insurance or garage liability insurance covering the person's place of business; or
(1) has garage liability insurance of at least five hundred thousand dollars ($500,000) covering the person's established place of business;
(2) is a member of a risk retention group that is regulated by the Indiana department of insurance.
(2) is a member of a risk retention group that is regulated by the Indiana department of insurance; or
(b) A policy described in subsection (a)(1) must have limits of at least the following:
(1) One hundred thousand dollars ($100,000) for bodily injury to one (1) person.
(2) Three hundred thousand dollars ($300,000) for bodily injury for each accident.
(3) Fifty thousand dollars ($50,000) for property damage.
The minimum amounts required by this subsection must be maintained during the time the license is valid.
(3) has a liability insurance policy or garage liability policy covering the person's established place of business with limits of at least the following:
(A) One hundred thousand dollars ($100,000) for bodily injury to one (1) person.
(B) Three hundred thousand dollars ($300,000) for bodily injury for each accident.
(C) Fifty thousand dollars ($50,000) for property damage.
The minimum amounts required by this section must be maintained during the time the license is valid.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.