Cheap Car Insurance In Alabama
Whatever you do, you do not want to drive in the state of Alabama without car insurance. If you are caught driving without Cheap Driver Medicals NORTHAMPTON insurance your car’s registration is revoked on the spot, your car is towed and you will have to provide proof of insurance before your car can be re-registered plus will you have to pay a find of $100. All that is a bit much.
Rather than risk being caught driving without insurance perhaps it would be better to find ways of reducing the cost of your car insurance down to the point that you can actually afford to pay for it each month.
Start by keeping your car in a garage at night. Garaging your car will save you money. Paying your car insurance premium automatically from your bank account each month will also save you money.
If you can carpool to work you can save big bucks on your insurance. Just let your agent know that you are only driving half as many miles each month in rush hour traffic and just watch your savings mount. Increasing your deductible can save you a fortune – the only problem is, if you ever have a claim you’ll be asked to pay your deductible out of your own pocket before your insurance company will pay the difference.
One way to save a lot of money on your car insurance is to buy only the minimum insurance that the state of Alabama requires you to buy. In Alabama the minimum insurance you must buy to legally drive is a basic liability policy with limits of 20/40/10.
A 20/40/10 policy pays $20,000 (maximum) to any one individual involved in an accident with your vehicle for their medical bills and it will pay a maximum of $40,000 for the medical bills of everyone involved in an accident with your vehicle. It will also pay $10,000 in property damages. Typically property damage refers to the repair of the other person’s vehicle, although property damage is not limited to repairing vehicles. A basic liability policy pays ZERO to repair your vehicle and it will pay ZERO for your medical bills or for the medical bills of anyone in your vehicle.
While this type of insurance is cheap it can be risky since the low payouts may not cover all medical costs or all damages caused by an accident. If there are any unpaid medical bills or property damage bills after your insurance has paid out its maximums, the difference could be left to you to pay out of your own wallet.
This could mean that your life savings would be wiped out or you could even be forced to sell your home to pay medical bills or property damages. You can save even more money if you buy your insurance online. Since insurance sellers have very little overhead costs to worry about when they sell online they can pass some rather substantial savings along to you.