If you are shopping for a new
car or a “new-to-you” car, it is important you understand the
types of car
insurance available in Chicago.
Car insurance is mandatory in Illinois. It helps to protect you, your
passengers, and your car in the event you are involved in an
There are basic auto insurance
policies available. Amongst them is liability, comprehensive,
collision, and personal injury. Understanding the policies, and what
they cover, can help you choose the right coverage for your
Liability insurance is
mandatory in Illinois. Vehicle drivers are required by law to
purchase at least the established minimum coverage. The minimum is
$25,000 bodily injury per person, $50,000 bodily injury per accident,
and $20,000 property damage. Bodily injury insurance helps to pay
expenses related to other people’s injuries if you are found
responsible for the accident. Property damage coverage pays for
damages done to other people’s property.
Comprehensive car insurance
helps to cover damage to your car from vandalism, theft, and fire. If
you have this coverage, the insurance will help pay for repairs or,
if necessary, replacing the car. Comprehensive insurance has a
deductible. The deductible is an amount of money you must pay before
the insurance takes over.
If you are in an accident with
another vehicle, or you hit an object such as a wall, collision cover
will help pay for repairs or vehicle replacement. Collision coverage
is typically an option but is usually required by the lender if the
purchase is being financed or the vehicle is leased.
Personal injury insurance pays
for medical expenses should the injuries be the result of a vehicular
With the number of components
that go into car insurance, it is in your best interest to consult
with a trusted agency in your area.
If you are looking for car
insurance, you are invited to contact Accurate
near Chicago. For complete contact details, visit
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