As an update for Alabama’s minimum insurance coverage, all drivers are now required to have at least:
- $20,000 for bodily injury to one person
- $40,000 for all persons involved
- $10,000 for property damage
While this isn’t as high as some states like Oregon (with amounts of $25,000/$50,000/$10,000 respectively) it still is a substantial amount of money to make sure you have coverage for.
Two drivers as means a number of things. For one, the higher the minimum rates are for auto insurance coverage for more likely it is that the government insurance providers are expecting an accident to occur. By monitoring price fluctuations consumers can keep an eye on how safe the roads are in their area. It also means the drivers need to ensure that they have adequate coverage to cover themselves in times of need.
Bear in mind too that while these figures are good guidelines for minimal coverage they should by no means be considered the only amount that you should be seeking from an insurance company. Many people choose to opt for higher coverage for a good reason–it provides them with a greater sense of security in the event of an emergency occurring. This may be a good choice for you as well, especially if you’re looking to ensure one and may not necessarily be the safest behind the wheel. Statistically this is generally teenagers, and many insurance companies reflect this liability in their higher premium rates for that age group. Regardless the stereotypes exist for a reason, and it may be in your best interests to protect your car hire coverage rates if a teenager will be driving it or if the car will be driven around teenagers regularly (such as in a high schools zone).