Auto insurance isn’t just a legal obligation; it’s also a smart way to safeguard yourself against the unpredictability of life. KSA Insurance Agency can help you get appropriate auto insurance from a reputable insurer. Contact us today for a personalized auto insurance quote.
Why Buy Auto Insurance?
Illinois law requires every driver to have auto insurance, but the benefits extend far beyond fulfilling a legal mandate and, depending on the coverage you choose, may include the following:
- Financial protection—An accident can bring substantial financial repercussions, from vehicle repairs to medical expenses. Auto insurance can help cover these costs, reducing your financial burden.
- Legal coverage—If you’re at fault in an accident, you could face legal consequences. Auto insurance can offer protection against liability claims up to the policy’s limits.
- Asset safeguarding—Your car is likely one of your most valuable assets. Comprehensive and collision coverages can help you protect that investment.
Is Auto Insurance Mandatory?
All Illinois drivers must maintain auto liability insurance that meets the state’s minimum requirements. If you are liable for damages that exceed the limits of your liability insurance, you may be responsible for covering the remaining costs on your own. Your agent may recommend that you purchase more than the minimum liability coverage required in Illinois to help provide adequate financial protection.
If you lease or finance your car, the lienholder may require full coverage insurance, including comprehensive, collision and guaranteed asset protection (GAP) insurance.
The agents at KSA Insurance Agency can help you get car insurance coverage that meets the requirements of your state and lienholder at a favorable rate.
You can further customize your auto insurance with additional coverages such as the following:
- Medical payments coverage
- Roadside assistance
- Auto glass coverage
- Rental car reimbursement
Do Businesses Need Auto Insurance?
If you own a business of any size and use vehicles in day-to-day operations, Illinois requires you to carry minimum commercial auto liability insurance. Depending on the type of vehicle you use and the cargo you haul, your company may also be subject to federal commercial auto insurance regulations. Talk with your agent about your commercial auto insurance options.
Whether you’re a first-time car owner or a seasoned driver looking to review your current policy, understanding auto insurance is critical to making the most informed decisions. Fortunately, you don’t have to do it alone. KSA Insurance Agency in Oak Brook, Illinois, is here to guide you every step of the way. Contact us today to start building your tailored auto insurance coverage and get access to reputable insurers and favorable rates.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.