Auto insurance can be purchased in Arizona in two different forms. These forms are bodily injury insurance and property damage liability insurance. In the case of bodily injury insurance, the driver is covered if he or she injures someone in an accident. Property damage insurance, on the other hand, covers the driver if he or she damages property in an accident.
The regulations of Arizona automobile insurance are pretty straightforward. Basically, the insurance company takes full responsibility for the driver’s vehicle and pays all of the expenses associated with an accident. At the same time, some preventive legislation can cause accident rates to decrease because of increased traffic.
The liability limits of Arizona auto insurance are 15/30/10. This means that Arizona auto insurance companies must offer at least $15,000 in insurance. Companies must also offer $30,000 for injuries that occur as the result of an accident and a minimum of $10,000 for property damage. Drivers can also select from a few different options as well.
The Bodily Injury Liability, or BI, insurance is mandatory at $15,000 per person and $30,000 per accident. This insurance is paid out when the drive is at fault for an accident and payments need to be made for accidental injury or death to the other driver, to passengers in the other driver’s car, passenger’s in the driver’s car, or pedestrians that are involved in the accident.
Property Damage, or PD, insurance must be covered in an amount of at least $10,000 per accident. With this insurance, the driver is covered when he or she causes an accident and property needs to be repaired or replaced.
In order to register a vehicle in Arizona, proof of insurance must be presented. The law also requires that the driver either have insurance or pay for any damages out of pocket. There are many ways that an Arizona driver can prove that he or she has insurance coverage on his or her car. Aside from having an insurance card, the driver may als use a temporary insurance card to demonstrate proof.
In addition to the more traditional methods of proof, a driver can also demonstrate coverage by presenting a premium receipt or an insurance binder that had been issued by the insurance agent. A current declarations page from a liability insurance policy may also be used, as can the actual policy. A certificate of liability insurance that has been issued by an authorized agent or by the insurer may also be used.
If the driver has recently purchased a new vehicle, he or she can demonstrate proof of insurance by showing that he or she had valid insurance coverage for the vehicle that was replaced by the purchased vehicle. In the case of renting a vehicle, the driver must present a copy of the rental agreement that shows that the vehicle is properly covered.
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