Auto insurance » Bodily Injury Liability

Alabama Auto Insurance – Requirements and Tips to Reduce Your Rates

admin — Thu, 29 Apr 2010 20:39:46 +0000

Alabama auto insurance is compulsory in Alabama. Insurance coverage shelters you from unforeseen eventualities and expenses in an accident. Besides, Alabama auto insurance is a legal requirement for all Alabama drivers.

What is the Compulsory Insurance Coverage?

Alabama auto insurance provides compulsory coverage of bodily injury and property damage liabilities. Bodily injury liability is $20,000 for physical injuries per person in an accident, $40,000 for all physical injuries to all persons in an accident, and property damages coverage is $10,000 for an accident. Of course, these are minimum limits and it is best to have higher insurance limits for better coverage in case of any accident.

Why do I need auto insurance?

Alabama auto insurance protects you from accidents and associated expenses, but you need it more so to adhere to the state law. Lack of minimum liability insurance is illegal and wrong.

What is proof of my auto insurance?

Insurance companies provide you insurance card listing all details like your vehicle make, model number and year of purchase of vehicle, vehicle identification number, name of insurance company, name of insured, policy number with effective, and expiry dates of policy. Sometimes there are other proofs of your Alabama auto insurance like premium receipt, liability insurance policy, temporary insurance card, certificate of your insurance from your insurance company, copy of rental agreement mentioning insurance coverage, etc.

Need I carry insurance proof?

Yes, you need to carry proof of your Alabama auto insurance in your vehicle. You should be able to show it to law enforcement officers when asked for. If you do not possess insurance proof, you are guilty of improper conduct and face fines of $500. Repeated offense imposes stringent fines and suspension of your license.

What decides my insurance premium?

Auto insurance companies fix insurance rates according to overall driving habits of state drivers. It is an average of all necessary fees and exact insurance premium depends on further calculations like your age, vehicle type, place of residence, etc. You can get numerous quotes from different Alabama auto insurance companies and choose the most suitable insurance for your vehicle.

By: Austin Davis

Auto Insurance Requirements So That You Are Legally Covered

admin — Fri, 23 Apr 2010 22:44:21 +0000

When you need to get MO auto insurance you will need to make sure you are legally covered, in order to drive safely within the law. I wish to tell you about what you will need as a minimum as insurance cover requirements can vary from state to state across America.

You must firstly be able to show proof that you are able to cover any costs you may be liable for by showing your insurance policy meets the needs of Missouri. The first being that you must have bodily insurance liability cover of at least $25000 per person you wish to cover and $50000 per accident.

You will also need to be covered for any property that may be damaged as a result of an accident. One example of this is if you were to run into a mail box, a garden fence or similar, this would mean that neither you nor the owner of any property lost or damaged will be left out of pocket. The minimum you will need to be covered for is $10000.

You will also need to have uninsured motorist bodily liability insurance which will mean that if you are in a n accident and the person who hits you is not insured your medical costs will be covered. This insurance cover will have to be a minimum of $25000 per person you wish to cover and $50000 each accident.

The latter of getting insurance is to post a certificate proving that you have enough money to cover you and any others in the event of an accident, but this is something that is rarely done as it is easier and more cost effective to have insurance that covers you.

If you will not be driving your own vehicle when in Missouri and wish to lease, the insurance minimum requirements will differ slightly, meaning that you will need a minimum of $100000 per person and $300000 per accident in the way of bodily injury liability cover, property damage cover of $50000 and comprehensive and collision coverage which will vary depending on your leasing company.

Not being insured could mean that you are not only left out of pocket but are also liable to pay a major court fine, and be forced to pay from your own pocket any damages you are responsible for. You could even end up serving a jail sentence which is why you need to make sure you have the correct coverage and carry proof of such when ever you wish to drive in Missouri.

By: Felix Fassbinder

What Are The Auto Liability Insurance State Minimums For My State?

admin — Wed, 20 Jan 2010 23:28:12 +0000

As you shop online for the best auto insurance deals you may begin to ask yourself what exactly is required by law when it comes to auto insurance. Fortunately this article outlines the auto liability insurance state minimums that you are required to have in order to legally drive in the United States. No matter what state you drive in all of them have financial responsibility laws and require motorists to purchase minimum amounts of auto liability insurance except for Tennessee, Wisconsin and New Hampshire.

Many websites and advocates of insurance (to include myself) recommend having a minimum of $100,000 for bodily injury protection per person and at least $300,000 for property damage costs and physical injury costs. The main reason for this is due to the increased amount of money needed to rectify an accident is usually more then what the states declare as the minimum amount of insurance coverage needed.

I have compiled the following information from the American Insurance Association, the Property Casualty Insurers Association, and the Insurance Information Institute. It shows the auto liability insurance state minimums as required by each state. In order to understand the numbers you must know what the mean. The first two numbers are for bodily injury liability and the third number represents the minimum amount of property damage liability.

As an example my home state of Missouri shows the following – Missouri 25/50/10. This means Missouri requires as a minimum coverage up to $50,000 for all persons injured in an accident, subject to a limit of $25,000 for one individual, and $10,000 coverage for property damage.

Alabama 20/40/10 Alaska 50/100/25 Arizona 15/30/10 Arkansas 25/50/25
California 15/30/5 Colorado 25/50/15 Connecticut 20/40/10 Delaware 15/30/5
D.C. 25/50/10 Florida 10/20/10 Georgia 25/50/25 Hawaii 20/40/10
Idaho 25/50/15 Illinois 20/40/15 Indiana 25/50/10 Iowa 20/40/15
Kansas 25/50/10 Kentucky 25/50/10 Louisiana 10/20/10 Maine 50/100/25
Maryland 20/40/15 Massachusetts 20/40/5 Michigan 20/40/10 Minnesota 30/60/10
Mississippi 10/20/05 Missouri 25/50/10 Montana 25/50/10 Nebraska 25/50/25
Nevada 15/30/10 New Hampshire 25/50/25 New Jersey 15/30/5 New Mexico 25/50/10 New York 25/50/10 North Carolina 30/60/25 North Dakota 25/50/25 Ohio 12.5/25/7.5
Oklahoma 10/20/10 Oregon 25/50/10 Pennsylvania 15/30/5 Rhode Island 25/50/25
South Carolina 15/30/10 South Dakota 25/50/25 Tennessee 25/50/10 Texas 20/40/15
Utah 25/50/15 Vermont 25/50/10 Virginia 25/50/20 Washington 25/50/10
West Virginia 20/40/10 Wisconsin 25/50/10 Wyoming 25/50/20

Remember these figures only represent auto insurance liability state minimums. Many experts agree that more insurance is needed in order to fully protect yourself in the event you’re involved in an automobile accident.

By: Tim Gorman

How To Get Low Cost Auto Insurance In Tampa Florida

admin — Tue, 12 Jan 2010 14:02:21 +0000

Looking for low cost auto insurance in Tampa Florida? Want to know how to get the cheapest rate with a top company? Read on …

Minimum Auto Insurance in Tampa Florida

The least amount of auto insurance you’re required to carry in Tampa Florida is:

$10,000 bodily injury liability coverage for one person – This is the maximum amount your insurance will pay when you injure or kill someone in an auto accident. It also covers people driving your car with your permission.

$20,000 bodily injury liability coverage for everyone – This is the maximum amount your insurance will pay for everyone you injure or kill in an auto accident.

$10,000 property damage liability coverage – This is the maximum amount your insurance will pay when you damage someone else’s vehicle in an auto accident. .

Personal Injury Protection – This coverage pays your medical expenses and your passengers medical expenses when you’re involved in an accident. It also pays you and your family’s medical expenses when you’re injured in someone else’s car or while walking.

These are the minimum amounts of insurance you need to carry in Tampa Florida, so if you want the cheapest insurance this is all you need to buy. However, you may also want to carry the following coverages:

Collision coverage – Pays for repairs to your car when it’s involved in an accident with another vehicle no matter who was at fault.

Comprehensive coverage – Pays for repairs to your car caused by fire, theft, vandalism, and acts of nature.

To save money on collision and comprehensive coverage, increase your deductible to an amount you can afford to pay if you were to file a claim

Low Cost Auto Insurance in Tampa Florida

Premiums for the same insurance coverage can vary significantly from one company to the next, so in order to get the best rate on your auto insurance you need to compare rates from different companies. The easiest way to do this is to go to an online comparison website. There you can get rate quotes from A-rated companies and even get answers to your insurance questions from insurance experts.

By: Brian Stevens

Auto Insurance Policy Coverage Basics

admin — Thu, 07 Jan 2010 05:05:28 +0000

While most people think of insurance as either being “full coverage” or “liability only” I thought it would be a good idea to lay out a basic outline of what options are available with an Arizona Auto Insurance Policy. Insurance is regulated by each state so if you’re outside of Arizona these may be different.

Liability Coverage – You have two types of liability coverage: Bodily Injury Liability and Property Damage Liability. Bodily Injury Liability pays for damages to other people you injure when you’re at-fault for an accident. It will not pay for your damages. Property Damage Liability will pay to repair the things you hit like cars, lightpoles and other people’s personal property. This is the only coverage required by the state of Arizona and the minimum required limits are $15,000 per person/$30,000 per accident of Bodily Injury Liability coverage and $10,000 for Property Damage Liability coverage.

Uninsured and Under-insured Motorist Liability Coverage – Unlike many other states, Arizona breaks these coverage options into two separate options Uninsured and Under-insured. One of the coverages would pay damages to you or your passengers if you’re hit by someone that didn’t have any Bodily Injury Liability coverage (uninsured motorist) or if they didn’t have enough Bodily Injury Liability coverage (under-insured motorist) to pay for your injuries. This coverage does NOT pay for any damages to your vehicles and is not required by Arizona law.

Medical Payments – This coverage option will pay for medical bills only regardless of fault or reason as long as it’s an auto related claim. If someone is injured getting in or out of your vehicle this could pay for medical bills they incur. In Arizona, it can also pay a death benefit if you or a passenger is killed in a covered claim.

Collision Coverage – This coverage basically pays for damage to your vehicle for any collision claim if it’s your fault or not. If you hit another car, another car hits you, or you drive into a toolbox in the middle of the road, it would be covered under your Collision coverage option and would be paid minus your deductible.

Comprehensive Coverage – This basically pays for damage to your vehicle for anything other than a collision. So, if a tree falls on your car, or it gets vandalized or stolen, it would be covered under your Comprehensive coverage option. Claims would be paid by the insurance company minus your deductible. You also have the option to purchase a waiver your deductible for glass only losses.

These are the key components that make up the basic coverage options available to you on an Arizona Auto Insurance Policy. If you’re coming from another state, remember Arizona breaks out Uninsured and Under-insured Motorist Coverage into two separate coverages and does not offer Personal Injury Protection coverage. Keep that in mind when getting quotes.

Last, this is a very simple, plain English explanation of the policy and you should always contact your agent for all coverage details and make sure you’re covered correctly.

By: Matthew Fox

Auto insurance news guide

admin — Wed, 06 Jan 2010 11:59:59 +0000

Auto insurance is another name for security of your vehicle. As the name suggests auto insurance is all about insuring one’s vehicle against all kinds of threats for instance theft, accident and other related dangers. The basic types of auto insurance coverage are -

1. Bodily injury liability, which provides coverage for bodily injury claims from the people who might get injured in an accident with your vehicle.

2. Property damage liability covers any property damages to third parties such as another person’s car you damaged or are responsible for.

3. Medical expenses to the policy owner and other passengers in the policy owner’s car.

4. Uninsured and underinsured motorist coverage saves the negligent driver with or without insufficient insurance. In most states, this covers only bodily injury losses while in other cases property damage losses are also included. However it is quite important for everyone to get this coverage because it protects us from all expected as well as uninvited problems. For instance at some places an uninsured motorist caught driving with a suspended license in a car with a revoked registration goes to jail.

5. Physical damage stands for damage to your car that can be through accident or any other means such as collision, storm etc. In this the collision coverage pays for the physical damage caused to a person’s vehicle through collision.

However prior to purchasing an auto insurance policy there are quite a few things, which should be borne in mind. For instance- shop for the best policy available, always ask for high deductibles, check the insurance of the car or any other vehicle prior to purchasing it, coverage of the car varies with its worth, the profile of the company through which you will buy the insurance and last but not the least go with a low cost auto insurance for instance at places such as Santa Clara, San Marino Mateo and Alameda counties low cost auto insurance has arrived at premium rate of $322 and $355 respectively.

Whereas the auto insurance rates are concerned the American Farm Bureau suggests that the insurance rates for a driver should be based on the risk of that the driver should be based on the risk that the driver confronts for having an accident or loss and since rural drivers in the rural areas are less prone to risks, they should not be asked to pay more for their auto insurance.

In California there is a debate over the auto insurance policy rates. While on the one hand due to the rules offered by California Department of Insurance the rates of auto insurance are expected to touch the sky, on the other hand the California Farm Bureau strongly opposes it and claims that the new rates presses rural residents to shell out more money in order to subsidize the cost for urban residents.

However nowadays auto insurance companies are troubled with excess of crime or fraud in this area. Lately in North Carolina thirteen people were arrested accused of staging motorcycle wrecks to collect insurance money. Many such cases are reported in other parts of the world. As a result the government of different countries is looking for ways and means to combat the crime situation.

By: Mansi Aggarwal