Protection for Drivers in the Grand Canyon State
Auto insurance requirements in Arizona are not as high as in other states but it is very important to keep in mind that the minimum levels of coverage as required by the state are often not sufficient to provide you with enough protection should you be involved in an accident while driving. If you are found at fault, the 15/30/10 coverage that many drivers have in order to meet the minimum requirements will not be sufficient to pay for all of the damages or medical expenses that are incurred.
In an auto accident, if you cause even moderate medical injury to someone, the $15,000 coverage can be swallowed up by doctor bills or therapy in a matter of days or even hours - consider that a helicopter ride to a medical center alone will average around $50,000. While the lack of a policy would be less of a problem to someone with no financial assets to lose in a lawsuit, if you are a homeowner or person of any significant means whatsoever, finding yourself on the wrong side of an incident, gives you a pretty decent chance of ending up on the wrong side of a lawsuit as well.
The Benefits of Comprehensive
In addition to keeping an eye on your liability levels for your legal protection, you should also consider keeping comprehensive car insurance coverage which is what will provide protection for you and your passengers and your car if you are in a collision with someone else who is at fault and isn't insured or if you are at fault. Incurring your own significant medical expenses can be almost as bad as getting sued for causing an wreck. It is because of the potentially high costs of repairing your own vehicle and taking care of the medical expenses for yourself and anyone you are driving with if you are the cause of an accident or, if you are involved in an incident with someone who is uninsured or underinsured, that comprehensive coverage is highly recommended.
Arizona is not a no-fault state, meaning that it does not require drivers to carry policies that provide coverage and protection no matter who is at fault. While this decision does allow for more flexibility in policy options and save consumers of the state money in annual premiums that they have to pay, it also opens up opportunities for serious financial consequences that you are not at fault at for a variety of reasons - such as the other driver not being covered at all.
High Risk Pools
High risk options exist for those individuals who might find it difficult to get a company to provide standard coverage for various reasons, such as having too many accidents in the past or perhaps for physical or other handicap, or possibly just for being a teenager. While the high risk pools do charge quite a bit more for their plan options, they may be the only option other than investing in a good pass to use public transportation.
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