Car Insurance Question Alabama AL

Reader’s Question:

Hi! I would like to ask about car insurance since I have just purchased a car in Alabama. How is it different from other types of insurance? Gracie!

Marriah

Montgomery, AL

How are you, Marriah? Thank you for posting your question because it will truly help a lot. Many people were asking what is this auto insurance they are entitled to get.

Actually, auto insurance is the one that protects you against financial loss during times of accidents. It is an agreement between you and the insurance company which is supported by a contract. You agree to pay them the premium of your policy and they agree to shoulder your losses as stated in your policy.

Auto insurance provides coverage on property, liability and medical concerns.
- The Property coverage protects your car from damage or theft.
- The Liability coverage helps you in your responsibility once there is a bodily injury or property damage upon accident where you are the one liable.
- The Medical coverage is responsible in paying the costs of treating injuries, sometimes lost wages, rehabilitation and funeral expenses if worse come to worse.

Auto insurance policy is comprised of different kinds wherein each has its own coverage. I think you are required to have a car insurance in Alabama as the state’s insurance law requires that to all car owners. If you are financing cars, your lenders might also have requirements.
Most of the insurance policies are for six months to a year. The company will notify you once your insurance expired and it’s about time to renew the policy and pay the premium.