Download PDF File Arizona Automobile Insurance Consumer Guide . The purpose of this guide is to help consumers comparison shop for automobile insurance.
ARIZONA DEPARTMENT OF INSURANCE A Consumer Guide to
Auto insurance can be an expensive purchase. No one wants to pay more than necessary for auto insurance. This brochure provides information that can help you lower the cost of auto insurance and increase the value. WHY SHOULD YOU BUY AUTO INSURANCE? If you cause an automobile accident, you may be responsible for the losses of the other people involved. A claim may be made or a lawsuit filed against you for these losses. You may have to pay for the property damage you cause, and for the medical expenses, lost wages, and the pain and suffering of any injured person. If you do not have any insurance, your money, property and other assets may be taken to pay for these losses. Automobile liability insurance will help protect you so that this does not happen. Liability insurance also pays for a lawyer to defend you against any claim or lawsuit. You can also buy insurance to cover your injuries or damage to your automobile. These optional coverages will help pay for your losses whether or not you caused the loss.
order you to compensate the people you hurt in the accident. To decide how much bodily injury coverage you should buy, you must decide (1) how much coverage you can afford to buy and (2) how much of your assets you would be willing to lose if you cause a serious accident. You must buy at least the minimum bodily injury liability limits, but you may buy coverage with higher limits.