Cheap High Risk Car Insurance Online In Alabama
For many drivers in Alabama car insurance represents a significant drain on their monthly resources and almost all drivers would like Cheap Driver Medicals NORTHAMPTON to find cheap high risk car insurance. Fortunately the state of Alabama offers just such insurance.
It’s called a basic liability policy and it is the smallest – and cheapest – insurance policy that an Alabama driver can purchase and still drive 100% legally. If cost is your only concern then a basic liability policy may be what you are looking for.
Each state sets its own minimum requirements for liability car insurance. Here in Alabama the legal minimum amount of liability insurance you must purchase is what is called a 20/40/10 liability policy.
What this means is your insurance will pay out a maximum of $20,000 to any one individual for medical expenses which result from an accident with your vehicle. It will pay a maximum of $40,000 in medical expenses for everyone involved in an accident with your vehicle regardless of how many people are hurt or what the extent of their injuries are. Finally the insurance will pay a maximum of $10,000 in property damage for any accident. Property damage generally means repairing the other person’s vehicle, but property damage can include other property as well.
Two things make this insurance risky. First, this insurance pays ZERO for your medical bills and ZERO toward the medical bills of anyone in your vehicle at the time of an accident. Also this insurance pays ZERO toward the repair of your vehicle.
Secondly – and possibly more importantly – the maximum payout of a basic liability policy is not necessarily enough to cover the actual medical expenses or property damage which could easily result from an accident. If the insurance fails to pay all of the medical or property damage expenses of the other party you could be held personally responsible for paying the remainder out of your own purse or pocket.
This could, conceivably, result in you losing your life savings or even being forced to sell your home in order to make payments.
It is possible to purchase liability insurance with higher payouts at a higher monthly premium.
Regardless of whether you choose to purchase a basic liability policy or a full coverage policy or something in between, your best bet for finding the cheapest high risk car insurance is to buy your policy online.
Online insurance companies have very little overhead and they pass that savings on to you. Obviously if you want to find the rock-bottom price for your car insurance then you are going to have to compare prices at the largest number of insurance companies possible, and the only way to do that is to make your price comparisons on more than one website, rather than relying on just a single site.
But as soon as you’ve finished making all of your comparisons the final step is simple – just choose the lowest price you found and count your savings month after month, year after year.