Alabama Insurance Guaranty Association

The purpose of the association is to provide a mechanism for the payment of covered claims under certain insurance policies, to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders because of the insolvency of an insurer, to assist in the detection and prevention of insurer insolvencies, and to provide an association to allocate the cost of such protection among insurers. The association has acted in this capacity since its inception.