Minimum amounts of financial responsibility
Sec. 5. Except as provided in section 6 of this chapter, the
minimum amounts of financial responsibility are as follows:
(1) Subject to the limit set forth in subdivision (2), twenty-five
thousand dollars ($25,000) for bodily injury to or the death of
one (1) individual.
(2) Fifty thousand dollars ($50,000) for bodily injury to or the
death of two (2) or more individuals in any one (1) accident.
(3) Ten thousand dollars ($10,000) for damage to or the
destruction of property in one (1) accident.
As added by P.L.2-1991, SEC.13.
Last modified: May 27, 2006