Category: Auto Insurance

When you have a vehicle on the roads, it is important to have the financial protection and peace of mind that auto insurance offers, but sometimes we have questions. If that is the case, then speak to August Vincent Insurance Agency serving Huntley, IL to become familiar with your auto insurance policy.

Is Auto Insurance Is Mandatory in IL?

Certain types of liability coverage against bodily injury and property damage are mandatory in IL. Bodily injury insurance pays for the costs associated with third-party injuries or death, including pedestrians due to an accident that is your fault. Property damage insurance pays for the costs associated with damage to a third party’s property due to an auto accident for which you are liable. The limits are set on the low end. For sufficient coverage, you should review and increase the minimum limits set by the state.

You should also purchase uninsured and underinsured motorist injury coverage and insurance which covers you for your bodily injuries caused by an at-fault driver who is under-or uninsured.

What Types of Insurance Are There for Damage to My Vehicle?

There are two main types: collision coverage when you sustain damage to your vehicle because of an accident and comprehensive coverage for when the damage is from something else like theft or vandalism, or perils.

What Affects My Premium?

Several factors may affect your premium. These include:

• Your age, gender, and marital status
• Your coverage limits. The more you purchase, the higher the cost.
• What type of vehicle you own, its condition, and age
• The area you live in
• Credit record

If you have more questions, don’t hesitate to reach out to August Vincent Insurance Agency serving Huntley, IL to review or renew your policy and so they can answer any burning questions you may have!

Auto insurance is not just a single type of coverage, it has multiple components. It is a customizable policy that can include only the parts that you want. You don’t need to pay for types of coverage that are just not right for you. At August Vincent Insurance Agency in Huntley, IL, we have been serving the Quad City area for the last 10 years. Our agents will work hard to make sure you get the best insurance product customized for your particular needs.

Liability coverage

Liability coverage is the amount that is usually mandated by each state to protect other drivers from you in the event that you cause an accident. It is designed to protect your assets from being lost to a judgment against you. The amount of coverage you have should reflect your financial situation. 

Collision coverage

Collision coverage comes with a deductible. It is insurance that covers your vehicle in an accident where you are the at-fault driver. It will also cover you if you are a victim of a hit and run. The insurance company will determine the value of your vehicle if it is deemed a total loss. 

Comprehensive coverage

Life is filled with risks and many things can happen to you over which you have little or no control. Comprehensive insurance protects your vehicle against many of these things. If your vehicle is stolen or vandalized, this is the insurance that protects you. Weather can be fickle and hail the size of a golf ball or strong winds that uproot trees, can cause a lot of damage to your vehicle. 

Roadside Service

Having your vehicle break down or getting a flat tire can be stressful. Having roadside service will give you the confidence that help is just a phone call away. 

Contact August Vincent Insurance Agency in Huntley, IL to discuss your auto insurance needs.