Indiana Code Title 24. Trade Regulation § 24-4-9-16

Sec. 16. (a) A rental company may not require a deposit or advance charge against the credit card of a renter, in any form, for damage to a rental vehicle that is in the care, custody, or control of the renter or other authorized driver.

(b) If a renter's insurance deductible cannot be ascertained, a rental company may:

require payment by the renter for damage to the rental vehicle.

(c) If a renter's insurance deductible can be ascertained, the rental company may charge the renter an amount that may not exceed the renter's insurance deductible for damage to the rental vehicle.

(d) After the cost of the damage and liability for the damage described in subsections (b) and (c) is agreed to between the rental company and renter or is determined under law, the rental company:

under subsection (b) or (c).