Finding cheap high risk auto insurance in Arizona is a lot easier than you might think.
In fact, there are just a couple of steps you need to take if you want to get the very lowest price possible for your auto insurance.
The first thing you have to know is that the state of Arizona offers a special extremely low-cost type of auto insurance called a basic liability policy.
In Arizona the absolutely, positively cheapest auto insurance you can buy and still drive legally is what is known as a 15/30/10 basic liability policy.
What is a 15/30/10 policy?It's a policy that pays a maximum of $15,000 toward the medical expenses of any one single individual who is injured as a result of an accident with your vehicle.
The policy also pays a maximum of $30,000 toward the medical bills of everyone involved in an accident with your vehicle, regardless of how many people might be involved or how seriously they are injured.
The policy also pays $10,000 toward any property damage claims.
Property damage includes the repair of the other person's vehicle.
While this insurance is perfectly legal for you to buy there can be some risks associated with it.
To begin with the maximum pay-outs from a basic liability policy may not be high enough to cover the actual costs of medical treatment or the cost of repairing any damaged property if you are involved in even a moderately-sized accident.
And if your liability policy won't pay for all of the bills guess who can get stuck with them?That's right - YOU!That means that you can pay for insurance but still be forced to spend all of your life savings and sometimes be forced to even sell your home if you are involved in a serious accident.
Another thing you have to be aware of is that your basic liability policy will not cover you or your passengers at all.
Your policy won't pay for your medical expenses and it won't pay for the medical expenses of anyone riding in your vehicle.
A basic liability policy also won't pay even a penny toward fixing your vehicle after an accident.
Still, if money is tight and you are looking for the cheapest possible insurance so that you can legally drive, a basic liability policy might be for you.
And if you want to save even more money you need to look for the cheapest liability policy online, because online is where you will get the best deal possible by far.