Cheap Insurance Quotes In Alabama – AL
It is required that you have proof of insurance at all times in Alabama. From the moment you register your vehicle, you need to have insurance. Discount insurance quotes can be obtained online. By understanding state laws concerning auto insurance, you can ensure you have the best coverage for your situation.
Proof of insurance is required in your vehicle at all times. If you are involved in an accident or stopped by the police, you must show your insurance card. Failure to do so can result in a $500 fine as well as the suspension of your license.
You must have at least the minimum liability coverage amounts. This is expressed in a format of 20/40/10. The 20 = $20,000 of bodily injury for a single person. The 40 = $40,000 of bodily injury for all people in the accident. The 10 = $10,000 of property damage occurred during the accident.
These are solely minimum requirements. You can opt for higher levels of coverage to provide you with more financial protection. Keep in mind that Alabama is a tort state. What this means is that someone is going to be found at-fault for the accident no matter what. The one who is at-fault will be the responsible party. If you are the one at-fault, your insurance company will be paying all damages and medical bills.
If an accident causes $20,000 worth of damages and you only have the minimum level of coverage, this could spell financial ruin for you. You become responsible for the other $10,000. This has been known to happen on multiple occasions. To avoid situations like this, you can simply increase the level of liability coverage.
If you have a lienholder as a result of having an auto loan, the lienholder may also require that you have more than the state minimum. In this case, you must adhere to these standards as opposed to state law. Failure to do so could result in not being able to keep your vehicle because they can come to claim it for not following requirements.
The state of Alabama does not require you to carry uninsured motorist coverage. However, because it’s a tort state, it can be in your best interest to get the coverage. Should you get into a traffic altercation with someone who does not have insurance and they are found at fault, you want to make sure that your damages and medical bills are taken care of in a timely manner.
As you shop auto insurance online, you will have some other options for coverage to include into your policy. You will see comprehensive coverage. This is non-driving related accident coverage. If you experience hail, falling stones or even a hit and run, the comprehensive coverage will cover the damages sustained to your vehicle. This is not required coverage by the state, however lienholders typically require the coverage.
When you file a claim, whether it’s collateral or comprehensive, you will need to pay a deductible. During the discount insurance quote process, you will need to select the right deductible for you. This is an out-of-pocket expenses that will need to be paid per claim. If you want a lower deductible, then you will pay a higher monthly premium.
As you shop for auto insurance quotes, you will need to understand what is used to form the quote. The type of vehicle, your ZIP code and your driving history will all be used to calculate the quote. Therefore, you want to include as many safety features as possible when quote shopping. Further, if you live in an urban area or there are a lot of accidents in your area annually, you could end up paying a higher rate.
Over a hundred auto insurance companies provide policies in Alabama. Quote comparisons can be made online. Once you enter your information, you can receive multiple quotes on a single website within minutes. This makes it easy to shop for a low rate.