The value of good auto insurance often doesn't become apparent until you really need it. Whether it's a minor fender bender or a more substantial accident, it pays to have automobile coverage you can count on.
Let one of our experienced auto / car specialists explain the different Liability limits, Comprehensive, Collision, Personal Injury Protection, Uninsured Motorist, Medical coverages, and deductibles that are available for you to choose from. We offer affordable truck and car insurance policies from a leader in the insurance industry.
Learn more about your auto / car policy coverage options below! :
- Collision Coverage
- Comprehensive Coverage
- Liability Coverage (Bodily Injury/Property Damage)
- Medical Payments
- No Fault Coverage
- Uninsured Motorist Coverage
- Underinsured Motorist Coverage
- Reducing Auto Insurance Premiums for Teens
- auto Insurance Endorsements
- Additional Info - Declarations, Exclusions & Conditions
- Insurance Glossary for Car / Auto Insurance
Covers damage caused to the owners vehicle from a collision caused by another auto or other object. The deductible is the amount you choose to pay upfront (if any) before the auto insurance policy pays. The higher the deductible chosen the lower the collision coverage cost within the policy.
Covers damage caused to the insured's auto (your automobile) from risks such as theft, fire, falling objects, earthquake, flood, missiles, explosion, riot and civil unrest. The deductible is the amount you choose to pay upfront (if any) before the car insurance policy pays. The higher the deductible chosen the lower the comprehensive coverage cost within the policy.
Liability Coverage (Bodily Injury & Property Damage)
Bodily Injury Liability
Injuries that you (insured) cause to someone else is covered under this part of an auto insurance policy. The minimum liability insurance coverage available for purchase is 20/40 and is explained in detail below. However, we recommend that you choose liability insurance coverage amounts that are much higher than the minimums listed below:
Liability Coverage limits explanation:
20/40/15 20=$20,000 - 40=$40,000 - 15=$15,000
First number = bodily injury liability maximum for one person injured in an accident.
Second number = bodily injury liability maximum for all injuries in one accident.
Third number = property damage liability maximum for one accident.
Property Damage Liability
Damage caused by the insured (you) to someone else's property, such as a motorcycle, car, truck, fence, or house, is covered through property damage auto insurance coverage. This coverage also assists in protecting you if a lawsuit arises from an accident. The minimum coverage amount in some states is as low as $15,000.
Medical payments coverage pays for the medical and funeral expenses for you or others hurt or killed in an accident while riding in or driving your car or truck. Claims against this coverage include all reasonable hospital, surgical, chiropractor, X-ray, dental, professional nursing, prosthetic, and funeral expenses. It will also cover you or members of your family if you are hit by a car when you are walking or if you are riding in another car or truck. This coverage will pay for your medical and funeral expenses even if you cause the accident. The coverage is often limited to medical care you get in the first one, two, or three years after the accident and is limited to a specific dollar amount. This is may not be a required coverage for your state.
No Fault Coverage (PIP) - Some states
do not require (PIP) or personal injury protection coverage. This coverage pays medical bills for injuries suffered in an auto accident regardless of who caused the accident.
Benefits Provided Include: Pays 80% of all reasonable expenses for necessary medical, surgical, x-ray, dental and rehabilitative services, including prosthetic devices, wheelchairs, crutches, slings, neck braces and splints (including necessary travel related to medical care.)
Necessary remedial treatment (nursing home care or home nursing care).
Pays 60% of gross income loss caused by inability to work because of an injury suffered in an accident.
$5,000 death benefit.
Uninsured Motorist Coverage
Covers the insured (you) for your bodily injury caused by a hit-and-run driver or an at-fault driver who has no auto liability insurance. This coverage is required for Illinois Auto Insurance. Contact us to discuss what uninsured coverage amounts you require to meet your family and personal needs.
Example of uninsured motorist limits:
25/50 25=$25,000 - 50=$50,000
First number = uninsured motorist maximum for one person injured in an accident.
Second number = uninsured motorist maximum for all injuries in one accident.
Underinsured Motorist Coverage - Auto Insurance
This coverage comes into play when an at-fault driver has auto or motorcycle liability insurance, but the limit of insurance is inadequate to pay for your damages.
Underinsured Motorist Bodily Injury Coverage
This type of auto insurance coverage pays for your medical expenses, lost wages, and other damages when you or your passengers are injured in an accident caused by a driver who has insufficient auto or motorcycle insurance coverage. The auto insurance coverage typically pays the difference between the coverage limit you select and the other driver's bodily injury coverage limit. This is not a required auto insurance coverage in all states.
Underinsured Motorist Property Damage Coverage
Protects you if your auto is damaged in an accident caused by a driver who has insufficient auto insurance coverage. This coverage pays the difference between the coverage limit you select and the other driver's property damage coverage limit. This is not a required auto insurance coverage in all states.
Reducing Auto Insurance Premiums for Teens
Having a teenager included on your auto insurance policy will always cost substantially more, but there are ways to reduce the premium increase.
The best cars for teen drivers are slower, bigger cars with a lot of safety features. Teenager's are more prone to accidents, especially ones caused by speeding. A disproportionate number of teenage car accidents involve only one vehicle.
Make sure your teen drives safely. One speeding ticket or fender-bender can send your teenager's auto insurance rates sky high. Require that they take a driver's education class at their high school or local DMV.
Good student teen driver insurance rates can save up to 25% on your teenager's auto insurance if a "B" average is maintained.
Assuming your teen keeps a good driving record, the cost of insuring them will decrease as they get older.
Auto Insurance endorsements are policy extras for services such as towing insurance, auto glass insurance, daily rental insurance, and emergency roadside insurance. These auto insurance policies are not required by any state, but many drivers choose these services for the added security and convenience they provide.
Rental Car Insurance
Covers the cost of a rental car while your insured car is being repaired because of a covered event.
Emergency Roadside Protection
Covers repairs done at the location of your automobile problem (roadside). This policy is often combined with auto towing coverage and called Roadside Emergency Towing Insurance. Changing a flat tire on the roadside may also be covered, but you will need to pay for repairs received at the garage or other repair location.
Glass
Offers a lower deductible or no deductible for when repairing any broken window on your car is required.
Towing
Covers costs involved for towing your car anytime you need it.
What information is listed in the actual policy that you are given by the agent? Learn about the different important sections in every policy below.
Declarations
Usually listed first in your policy and unlike the remainder of your policy, it will have been prepared especially for you. It will list the specific coverages and amounts that you've chosen.
- year, make,and model of your car
- VIN - vehicle identification number
- date the policy is effective
- policy's coverage types and limits
- policy's cost - premium
- name of the insured (you or you and your spouse)
Insuring Agreement
Lists exactly what the insurance company promises to provide in return for the payment of your premium. The type and amounts of each coverage you've purchased is described in detail and also outlines exactly who is covered under each provision.
Exclusions
The exclusions section is a list of all possible circumstances that would free the company from the responsibility of paying a claim.
Example: most contain an exclusion that exempts the company from having to pay in the case of intentionally caused damage or injury.
Conditions
Lists the duties and responsibilities of the insured (You) in the event of a claim situation. Will include guidelines for contacting the company, obtaining a police report, and filing a claim. Information on policy cancellation will be outlined here, too.
If you live in any of the states listed Illinois Indiana Ohio Michigan Texas Louisiana or Mississippi. Feel Free to Contact us about auto insurance policy coverage, rates and plans offer in your area,
Toll Free at (888)-966-8579 for your Free Quote.
