Insurance Blog

Choosing the Right Car Insurance: Liability Only or Full Coverage?

Looking for the right car insurance involves weighing your specific needs and making key decisions, like whether to opt for liability-only coverage or full coverage. The insurance agents at Bridgeway Insurance Group, servicing Montgomery, AL, are readily available to help you determine the best coverage for your needs.

What’s Covered by Liability Only Car Insurance?

Liability-only car insurance primarily covers personal injury and property damage sustained by another driver in case you cause a car accident. It doesn’t cover repairs to your own vehicle or medical expenses for you or your passengers.

Liability-only car insurance is the minimum requirement in almost all states for driving legally on the road. Your insurance agent can provide more details about your state’s minimum requirements and ensure you maintain the appropriate amount of coverage.

What’s Included in Full Coverage Car Insurance Policy?

Full coverage car insurance includes the same coverage as liability-only insurance but also covers the cost of repairing your vehicle, even if you’re at fault in an accident. It usually includes roadside assistance, too. If you’re getting a car loan for a new vehicle, you may be required to have full coverage car insurance.

Which Type of Insurance Policy Should I Choose?

Selecting the right insurance policy can be challenging. Let the professionals at Bridgeway Insurance Group, servicing Montgomery, AL, assist you. Call us today to discuss your car insurance coverage options with our experts.

All sorts of things can happen when you own a vehicle. While most happen when you’re behind the wheel, some things can even occur when you’re parked. Knowing that you have the coverage you need in Montgomery, AL, can provide you with significant peace of mind. At Bridgeway Insurance Group, we’re here to talk to you about protecting your journey.

The State Required Insurance

When you live in Alabama and drive a vehicle on the roadways, you are required to have proof of insurance. The state minimums focus on liability for bodily injury and property damage.

Having the bare minimum ensures that you have met the state’s requirements. However, your policy may not have sufficient coverage if there’s a major accident. This is why it can be advantageous to work with an insurance agent. You can learn where the gaps in coverage exist.

Adding to Your Coverage

First and foremost, you must consider whether the state minimums are enough regarding liability protection. If there’s significant property damage or bodily injury, you may be required to pay out of pocket when your policy doesn’t have enough coverage.

There are also instances where you may need something beyond liability coverage to file a claim. This includes everything from being hit by someone without insurance to a rock randomly cracking your windshield.

Some forms of coverage to explore include:

• Collision coverage
• Comprehensive coverage
• Uninsured motorist
• Tow coverage
• Rental coverage

By exploring the many options that exist for auto insurance, you can make a more informed decision about your policy.

Customizing Your Policy

A customized policy allows you to meet the state minimums for auto insurance in Montgomery, AL, and get the added coverage that makes sense for you.

It’s important to consider the cost of insurance premiums and coverage to reduce the amount of out-of-pocket expenses you may have to endure.

Contact us at the Bridgeway Insurance Group today to start building your policy.

At Bridgeway Insurance Group, we can help Montgomery, AL residents understand their options after they get into a car crash. This situation is always scary and can greatly impact your insurance. Here’s what you need to know about this scenario and the ways it can affect your policy and coverage.

Your Policy May Increase

Typically, after a crash, your costs are likely to increase with your policy. That’s because you’ll have to use it to cover some expenses. The amount will vary and is often not as bad as you might think. In some cases, especially if you weren’t at fault, your policy is likely to stay the same. 

Note that the coverage amount of your policy won’t go down at all. Your policy won’t void or disappear after an accident, which means you should stay covered. If Alabama courts put any points on your license, you can expect a potential move up to a high-risk status with your insurance company.

You Might Be Considered High Risk 

What exactly is a high-risk status? It’s a concept insurance companies created to classify people who might be problematic to insure. Often, they reserve this status for people who have problems like car crashes, insurance failure, and other concerns on their record. It’s a status that may limit your options.

For example, you may have to buy a specific high-risk insurance policy to keep your coverage active on your car. These policies cover everything you get with a standard option. After about 3-5 years or so, you should be off high-risk status, depending on how long your issues stay on your record.

Getting Help Today

If you need help after an accident, please contact us at Bridgeway Insurance Group to learn more about this process. We can help Montgomery, AL residents get the coverage that they need at a price they can afford. Our goal is to ensure that you’re happy with this process and properly covered.