Right now is the best time to live in the state of Alabama! For your information, Alabama is one of the few states with excellent auto insurance premiums compared to the rest of the nation. For example, the annual premiums for residents in Alabama are $2123, compared to the national average of $1771.
That said, you must shop around for already excellent premiums that will best suit your insurance needs. Be sure to take into consideration what the state requires regarding insurance coverage. For example, the state of Alabama requires a driver to have a minimum Bodily Injury Limit of $25,000 per injured person up to a total of $50,000 per accident and a minimum limit of $25,000 for Property Damage Liability. This is the basic coverage, and it refers to a 25/50/25 range. In Alabama, the law requires that all drivers in the household be covered by liability insurance. Alabama does not require uninsured/underinsured motorist coverage. However, it can be precious when unfortunate circumstances arise due to someone being underinsured or not insured.
Tort State, what does that mean to you? The state of Alabama requires that the driver who is at fault in an accident must pay for the victim’s medical expenses. The victim can also file a claim in a court of law against the driver responsible for the accident for additional and related claims stemming from the accident, including lost wages, pain, and suffering.
You need to know that your personal credit history will factor in getting the best premium. It is used to create an “insurance risk score.” The score helps to determine what your auto insurance rates are going to be. Your personal credit history will also determine if you can make monthly premium payments or if the entire premium will be required upfront. To take advantage of lower insurance rates, make every effort to pay your bills on time to improve your score. Be sure you provide your agent with current, up-to-date information.
Sometimes it can be very overwhelming to decide which insurance company will be the right for you. Educate yourself regarding the state requirements and shop around for the best premiums that will meet your insurance needs.
There is a trend that is happening in the world of car insurance. People are becoming more conscious and very concerned with the high insurance premium rates they are receiving and are now taking extra care while driving so there are fewer accidents. The same insurance policy quoted last year appears to be less this year. As a result, you see a downward trend for monthly premiums.
Many things are taken into consideration when you are receiving a car insurance policy quote. One of which is your personal credit history. Are you aware that your credit history can calculate your premium rate? Insurance companies believe there is a driver’s creditworthiness and the number of claims the driver will submit.
Alabama follows a Tort System. This system is in place to determine who is at fault for causing an accident. When an accident occurs, someone must be found at fault for causing the accident. Once that determination has been made, it is that person’s responsibility, along with their insurance company, to be liable for all damages and medical costs. Since Alabama is a Tort system state is recommended that a driver carry higher insurance coverage than the state requires.
Although it is not required, it is highly recommended that drivers carry Under-insured/Uninsured Motorist Bodily Injury coverage. There is a trend that the insurance industry is seeing as of late. People are getting less and less scope for their cars all the time, and in income instances, they do not have insurance coverage. So, you can see why getting Underinsured/Uninsured coverage could be the best thing you could do for yourself and your family.
Please take advantage of the trend of falling car insurance premiums by calling your insurance agent today and letting them design a car insurance policy that will meet your and your family’s needs at a premium rate that will fit into your monthly budget.
Living in Alabama would be an experience. Most people think of Alabama as Eskimos, igloos, and dog sled races. Of course, that’s not all that goes on in Alabama. You must have an auto insurance quote when you own and drive a vehicle in Alabama. Car insurance is a vital part of your everyday driving experience. Suppose you are caught without car insurance and become involved in an accident. In that case, you will be liable to pay for damages, not only to your vehicle but to the other vehicle involved in the accident is your fault. You may also face paying medical bills and time away from work for the other party involved. Most people can not afford to pay for everything on their own if they are involved in an accident. Medical bills are expensive and can sky rocket at any time if there has been severe testing and medical procedures done. Car insurance on the spot should be your financial backbone and security blanket that will save you from a “storm” as an accident.
Car insurance is very important even if you don’t drive very far. In recent studies, most people have been involved in an accident within only a few miles of their destination. Of course, this isn’t true for every accident. When you begin your search for car insurance, many people recommend you start searching online. This way, you can obtain several quotes from car insurance companies. Spending about an hour and a half shopping for a new car insurance policy would be best. In that time, you should be able to get your quotes, have time to go over each approach, and see what you like and dislike. You can also take a few minutes to contact the agents and speak with them. Another great idea while you are online is to look at the department of insurance for your state and check on the company you are most interested in. This way, you can see how they pay their claims and run their everyday business. For more information or to receive a few free quotes, please call 866-526-9669