Auto insurance guide (1)

1
A consumers guide to Auto insurance

• Choosing and using your auto insurance coverage

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What is auto insurance?

• An auto insurance is a policy purchased by
  vehicle owners to mitigate costs associated with
  getting into an auto accident. Instead of paying
  out of pocket for auto accidents, people pay
  annual premiums to an auto insurance company the
  company then pays all or most of the costs
  associated with an auto accident or other vehicle
  damage.
• Auto insurance provides property, liability and
  medical coverage
• Property coverage pays for damage to or theft of
  your car.
• Liability coverage pays for your legal
  responsibility to others for bodily injury or
  property damage.
• Medical coverage pays for the cost of treating
  injuries, rehabilitation and sometimes lost wages
  and funeral expenses.

3
The Benefits of Auto Insurance

• Auto insurance can help offset the cost of
• Vehicle repairs due to damage caused in an
  accident.
• Vehicle repairs due to damage caused by
  something other than an accident (e.g., flood or
  vandalism).
• Medical expenses due to bodily injury to
  yourself and others resulting from an accident.
• Lost wages due to injury resulting from an
  accident.
• Benefits to survivors when an accident
  results in death.
• Lawsuits, including legal fees, brought
  against you as the result of an accident.

4
Types of Auto Insurance Coverage 

• Illinois law states that you must have auto
  liability insurance (or the ability to pay any
  judgment against you) if you cause injury to
  another person, vehicle or other property while
  operating a motor vehicle. The easiest, most
  convenient and most comprehensive way to do this
  is with Chicago auto insurance from Illinois
  Insurance Center.
• Chicago liability insurance covers
• Bodily Injury  Covers any bodily injury to the
  other party up to 20,000 per person 40,000
  per occurrence.
• Property Damage  Covers any property damage that
  you may have caused to the other party up to
  15,000 per occurrence.

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• Uninsured Motorists  This pays you and
  passengers in the insured vehicle monetary
  damages to recover from bodily injury or death
  caused by an uninsured or hit-and-run motorist up
  to 20,000 per person 40,000 per occurrence.
  This is only for your bodily injury, not damage
  to your vehicle.
• Medical  You can also get medical payments with
  your auto insurance liability policy this is an
  optional coverage and is not legally required.
  These payments will cover your medical coverage
  if you or your passengers are injured during a
  car accident.
• In addition to the above mandatory auto
  insurance, you may opt for the following auto
  insurance options
• Collision  Pays for loss or damage to your
  vehicle caused by collision with another vehicle
  or object. Payments are made based upon actual
  cash value of the amount of each loss above the
  deductible amount. The lower your deductible
  (amount paid out of pocket), the higher the cost
  of the auto insurance.

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• Comprehensive  Pays for loss or damage to your
  vehicle caused by fire, theft, vandalism,
  weather, etc. Payments are made based upon actual
  cash value of the amount of each loss above the
  deductible amount.
• Repair Deductible  You will have to pay a
  deductible to get your vehicle fixed. After you
  pay your deductible, your auto insurance company
  pays the balance.
• Rental Towing  This coverage will reimburse
  you if you need to have your vehicle towed
  following an accident or break-down or should you
  need to rent a vehicle following an automobile
  accident. Coverage and rates vary with policy
  stipulations.

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How Can I Save Money on Auto Insurance?

• Here are some things you can do to help trim the
  cost of your auto insurance
• Get quotes from at least three different
  companies to compare prices, features and
  services.
• Choose a safe vehicle. Safety ratings can
  dramatically affect the price of insurance, so
  research the vehicle(s) youre considering.

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Need more help?

• Call our Insurance Consumer Hotline!
• 1(866) 910-2601
• Browse our website to learn more about the
  cheap insurance options we offer in Aurora,
  Chicago, Elgin, Joliet, Naperville, Rockford,
  Bloomington, Peoria, Waukegan and Springfield, IL.
   Call us today to receive the best insurance
  quotes Illinois has to offer by calling 1(866)
  910-2601.
• Visit us at
• www.ilinsurancecenter.com