Illinois Car Insurance Discount Tips

Reader’s Question:

Hearing insurance agents and brokers here in Illinois talk to you about car insurance coverage, you’d think their talking about rocket science! Can you give me an idea of how car insurance would work for an ordinary person like me?

Nigel

Bloomington, IL

I agree, car insurance shouldn’t have to be as difficult to understand as Quantum Physics. Here is a simple explanation of what a typical car insurance policy consists of and what it does for you there in Illinois:

Liability Coverage – this is insurance to protect you in case you are sued for damages or injuries you cause in an accident involving your vehicle. There are two types:

· Bodily Injury – pays for injuries to each person you injure ($20,000 minimum in IL) and for every person you injure in an accident (min. $40,000 IL)
· Property Damage Liability – pays for damages you cause on properties (min. $15,000 IL)

Personal Injury Protection (Med Pay)- pays for your medical and hospitalization bills (as well as your passengers) in a car accident. Can also cover lost wages and even funeral expenses.

Collision Coverage- pays for repairing or restoring the insured value of your car in an accident, or reimbursing you if your car was totaled.

Comprehensive- covers you in case you lose your car to events and incidents not related to a car crash (theft, vandalism, natural disasters etc.,).

Uninsured/ Underinsured Motorist- Compensates for your damages in case the party responsible for causing the car accident has limited or no insurance coverage to pay you.

These are the basics and the most important parts of your policy. You should also take advantage of a free car insurance quote check on this website so you can compare rates between many providers and get the most competitive rates available.