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Indiana Home Insurance

In Indiana, home can be many things – a waterfront property near Lake Michigan, a farmhouse in Fairmont, or a modern home in the capital city of Indianapolis. Regardless of where you put down roots, having first-class home insurance can help protect you from life’s unexpected events.

Is home insurance required in Indiana?

Indiana law doesn’t require homeowners to have insurance on their property, but if you finance your home through a mortgage, your lender will likely require you to have homeowners insurance. Even if you own your home outright without a mortgage, it’s still highly advisable to be insured. Home insurance is not a one-size-fits-all product. It should be tailored to your specific situation and needs.

Typical Indiana homeowners insurance coverages

  • Coverage A – Dwelling:

    Coverage for your home and attached structures for damage caused by events such as fire, lightning, wind or hail.

  • Coverage B – Other structures:

    This covers damage to other structures on the property that are set apart from the dwelling, such as a fence, shed or detached garage.

  • Coverage C – Personal property:

    Coverage for your belongings, such as furniture, clothing and electronics, if they’re damaged by a peril listed in your policy.

  • Coverage D – Loss of use:

    This covers your temporary living expenses when a covered loss makes your home unfit to live in.

  • Coverage E – Personal liability:

    This covers damage or injury to another person or their property that you’re responsible for causing. It also covers legal assistance for claims made against you.

  • Coverage F – Medical payments to others:

    This coverage can pay for medical bills for people who are accidentally hurt on your property, not including members of your household.

Remember, each of these coverages is subject to a policy limit, deductible and exclusions, which are specified within your policy.

Your homeowners insurance won’t cover flood damages, so it helps to ensure you’re properly covered if there’s a flood. Flood insurance policies are available and are written through the federally backed National Flood Insurance Program. It’s common for mortgage companies to require flood insurance if your home is within or near a floodplain. Regardless, a flood can occur anywhere, and it’s a good idea to buy this additional coverage.

Additional coverages in Indiana

You may find that the general coverages afforded in a basic homeowners policy don’t cover certain losses or types of property. Amica offers home insurance options in the form of policy endorsements that can fill in some of those gaps in coverage. Adding endorsements to your Indiana homeowners insurance policy can provide valuable additional coverage tailored to your specific needs. Here are a few endorsements you might consider:

  • Special computer coverage:

    Additional protection beyond what’s included in your policy for devices against direct physical loss, like accidental damage or theft. Devices covered under special computer coverage include:

    • Desktops
    • Laptops
    • Smartphones
    • Gaming devices
    • Smart TVs

  • Identity fraud expenses:

    Identity theft is a growing concern, and this endorsement can help cover expenses associated with restoring your identity, such as legal fees, lost wages and other related costs.

  • Water backup and sump overflow:

    Unexpected and accidental water damage, like from an appliance or burst pipes, is covered by most homeowners insurance policies. But, at the same time, they also exclude coverage for backed-up sewers and drains. This endorsement provides coverage for water that backs up through drains and sump pumps.  

  • Scheduled personal property:

    If you have high-value items such as jewelry, fine art or collectibles, a basic homeowners policy may not provide sufficient coverage. With this endorsement, you can insure specific items to make sure they're adequately covered against loss or damage.

  • Earthquakes:

    A standard Indiana policy excludes damage caused by earth movement, including earthquakes. This endorsement would extend coverage to damage caused by an earthquake.

How Indiana homeowners insurance rates are determined

The location of your home is a factor that impacts home insurance premiums. Different areas face different risks and exposures. Home insurance costs may differ between a house in northern Indiana and a house in the southern part of the state, influenced by regional weather patterns, construction expenses and local property values.

Your Indiana homeowners insurance policy should be as unique as your home. That’s why we emphasize the importance of selecting the right coverage for your individual needs. By customizing your policy to suit your preferences, you help protect your home and gain some control over your rates.

Additionally, regularly reviewing and updating your coverage can ensure that your policy adequately reflects your current needs.

Save more with Indiana homeowners insurance discounts

There are several ways Indiana homeowners can save money on home insurance without compromising the quality of their coverage.1 We offer home insurance discounts for:

  • Alarm systems: Receive a discount when you insure a home with burglar alarms, sprinkler systems or fire alarms.
  • Automatic detection devices: Insure a home in Indiana with a temperature monitoring, water leak detection or gas leak detection system installed and receive a discount. 
  • New or remodeled home: Receive a credit when you insure a new or fully remodeled home. 
  • Claim-free: Receive a discount when you’ve had no claims in the past five years.

If these don’t apply to you, we also offer discounts for:

  • AutoPay: Receive a discount when you opt to pay your premium using automatic deductions. 
  • E-discount: Receive a discount when you sign up to receive policy information and bills electronically.
  • Paid in full: Save money when you pay the entire balance of your Indiana policy premium up front.

One of the best ways to conveniently manage all of your insurance needs and save money at the same time is to bundle your insurance coverages for home and auto with the same insurance company. In fact, Indiana homeowners who bundle home and auto insurance with Amica could save up to 20% with a multiline discount.1

Facts and figures about Indiana

Common claims in Indiana:

Indiana’s geography allows for a diverse climate that can lead to a wide range of weather conditions, which can pose unique challenges for homeowners.

  • Frozen pipes: When temperatures drop below freezing, water pipes in homes can freeze and burst, causing significant water damage. As long as heat in the residence was adequately maintained, homeowners insurance typically covers damage resulting from burst pipes, including water cleanup and repairs to the affected areas.
  • Weather-related claims: Heavy snow accumulation, high winds and thunderstorms can cause various types of damage to homes, including roof damage, siding damage and water intrusion. Homeowners insurance typically covers damage caused by ice, windstorms, lightning and other weather-related perils.

It's important to note that flood damage caused by rising water from sources such as overflowing rivers, storm surges or heavy rainfall is not covered under standard homeowners insurance policies.

Fun facts about Indiana:

  • Indiana’s official state nickname is the “Hoosier State.” While the origin of this nickname is uncertain, one popular theory suggests it comes from workers employed by Samuel Hoosier. These men were building the Louisville and Portland Canal along the Ohio River in the 1820s.2
  • Indiana has produced more NBA players per capita than any other state. Including Indiana native Chuck Taylor, a basketball player and Converse shoe salesman, who helped develop the shoes that are now known as "Chuck Taylors."2
  • Indiana’s state insect is the firefly, and its state fossil is the mastodon. However, the state has no designated fish or mammal.3

How to get home insurance in Indiana

We’re here to guide you through the process of personalizing your homeowners insurance in Indiana. Here’s how to secure your policy in three easy steps:

  1. Assess your coverage needs:

    An Amica representative can provide personalized guidance and help you navigate your options to find the right coverage for your needs.

  2. Discover potential discounts:

    A representative can also assist you in exploring potential discounts or cost-saving measures available to Indiana homeowners based on your unique circumstances.

  3. Get a quote:

    Amica offers convenient options for getting a quote. You can either get a home insurance quote online or call 800-242-6422 today to speak with a representative.

With Amica, you can rest easy knowing that your home is safeguarded against the unexpected, allowing you to focus on what matters most – enjoying life in beautiful Indiana.

Get a home insurance quote

or call 833-513-3881

1 Discounts not available in all states and may vary.
2 70 Intriguing Facts About Indiana
3 12 Quirky Facts About Indiana That Sound Made Up, But Are 100% Accurate
 

Your Policy, Policy Declarations or Amended Declarations in effect on the date of loss is the primary source of reference for your coverage, coverage limits and deductible amounts.

This inclusion of non-Amica companies, products, services or statement herein (“Third-Party Content”) is for general informational purposes only and does not constitute a recommendation or endorsement by Amica Insurance. Policies, views, opinions or positions of Third-Party Content expressed herein are those of the authors and do not necessarily reflect the policies, views, opinions or positions of Amica Insurance. Amica Insurance makes no warranties, expressed or implied, as to the accuracy and reliability of Third-Party Content.

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