New laws mean an increase in your insurance premiums - WAFF-TV: News, Weather and Sports for Huntsville, AL

New laws mean an increase in your insurance premiums

In the past, the minimum amount of coverage was $20,000 for a single injury or death, $40,000 for multiple deaths or injuries, and $10,000 for property damage.

But now it's going up to $25,000 for single, $50,000 for multiple, and $25,000 for property damage.

Jeannie Plemons is co-owner of a Decatur insurance agency. 

She says, "Your rates will go up, but a very minimal amount."

For a 24-year-old female, it means an extra $18 every 6 months.

Most people don't buy the minimum when it comes to car insurance. That's because it could hurt them in the long run.

For example, if you are in an accident and you total the other guy's $60,000 car and you've only got the minimum of $25,000 coverage...

"If you hit that car and if you total that car, you're going to be responsible for the remainder of that money."

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