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.