Why Illinois Drivers Need Good Auto Insurance CoverageSeptember 26, 2018
The mandatory auto insurance law of Illinois requires drivers to carry minimum insurance coverage in case they cause a traffic accident on public roads and highways. However, when shopping for auto insurance deals in Cicero, drivers should consider more than the bare minimum they need to fulfill. Carrying enough insurance protects drivers from shelling out their own money for potentially high costs they may incur in vehicle accidents.
Illinois Auto Insurance Requirement
The laws of Illinois require vehicle owners to carry liability insurance and uninsured motorist coverage for their registered vehicles. Drivers must always have their car insurance card with them when they are on the road. The minimum coverage includes:
- $25,000 for injuries or death per person
- $50,000 total for all injuries or deaths per accident
- $20,000 for damage to another person’s property
- $25,000 per person and $50,000 per accident for underinsured and uninsured motorist coverage
The minimum liability insurance covers medical expenses, property damage, and other incurred costs from people injured or property damaged. Banks and money lenders may require drivers to carry extra auto insurance coverage such as collision, comprehensive, medical, and property damage insurance before they can receive auto loans.
Illinois’ authorities monitor drivers’ car insurance statuses through random verification questionnaires and traffic stop inspections. Drivers must respond to questionnaires with their insurance carrier and policy number, which authorities will use to verify their existing insurance. Traffic enforcers also have the right to ask for proof of insurance randomly during traffic stops.
Drivers found without a minimum insurance policy may face fines ranging from $500 to $1000. Repeated offenses may result in license plate suspension.
Protecting Yourself from Extra Costs
Illinois follows a “fault” system to determine who is financially responsible for the injuries, vehicle damage, and other losses caused by a car accident. In case the costs incurred go beyond the coverage limit, the driver has to shell out his/her own money and pay for the excess.
The Illinois Department of Transportation and the National Safety Council published the 2016 Illinois Crash Facts and Statistics in 2018 and found that the total estimated cost of vehicle crashes in the state was $7.7 billion. Broken down into the various vehicle incidents in 2016:
- Each fatal crash cost over $1.5 million in damages.
- Each crash that incapacitates the injured party (i.e., broken limbs, skull injuries) cost the driver around $91,135.
- Visible but non-incapacitating injuries (i.e., bruises, abrasions) amounted to $26,325 for every accident.
- Possible but non-evident injuries (i.e. pain, nausea) cost $21,265.
- Property damages were estimated at $11,540 per incident.
Given these statistics and the legal minimum coverage, basic insurance may not be enough to protect the driver from accident costs. Drivers might not be able to pay for the cost beyond their coverage, and a severe accident might bring them and their household to bankruptcy.
Apart from the costs they have to pay the injured parties, drivers also need to pay for their injuries and properties. Basic liability insurance does not cover the driver’s injuries or property damage. Drivers are unprotected in case the injured party sues for personal injury.
When shopping for auto insurance, drivers in Illinois should look at their options as more than just a legal requirement. They should also look at it as a way to protect themselves and their families from going into debt should they ever cause an accident. Thus, they should find the best policy they can afford that gives them the most financial protection.
Comprehensive auto insurance is affordable with Oxford Auto Insurance. Our teams compare policies of up to 15 providers to give you the best options for your insurance needs. With monthly payments as low as $23, you can have increased liability limits and maximum protection from expensive road accidents.
Call Oxford Auto Insurance at 312-260-9000 today for a free quotation.
How Can Comprehensive Car Insurance Help You?September 24, 2018
While shopping for a car insurance policy, you might have heard of comprehensive coverage. Some car owners think that obtaining this type of insurance means they won’t have to pay a penny out of pocket when an accident happens. But this kind of misinformation could lead to frustration when you get into an accident and expect your comprehensive insurance policy to cover the damages.
Contrary to its name, comprehensive car insurance doesn’t cover everything. It pays for specific non-collision issues, including theft, floods, fire, animal crashes, weather disturbances, and more.
Obtaining comprehensive auto insurance in Aurora is the best way you can plan for the unexpected and protect the value of your vehicle after an accident happens. Learn more about how the policy works below.
Coverage from Various Sources of Damage
Comprehensive car insurance provides coverage for things that damage to your car — beyond your control. These include:
- Damage from animals – The policy will cover your vehicle if it suffers extensive damage from an animal. If you swerve on the road to avoid an animal and hit a tree or another car instead, however, collision insurance will cover the damage.
- Uncontrollable events – Comprehensive car insurance also covers factors, such as glass damage, on windshields and windows. While these events can happen while you’re driving, there’s no way to predict when and where debris on the road could hit your vehicle.
- Natural disasters – The policy covers damage to your car caused by weather and natural disasters. These include fires, hails, storms, hurricanes, earthquakes, and other falling objects.
- Individual damage – Individuals may damage your car; a comprehensive policy addresses these damages, as well. This happens as a result of vandalism, theft, terrorism, and other civil disturbances.
What Isn’t Included in the Policy?
Since comprehensive insurance doesn’t cover collisions with other vehicles, it won’t cover you if you get into a, for example, fender bender. For better protection against unforeseen events, insurers recommend getting collision and comprehensive coverage to include both losses.
On a similar vein, the insurance policy does not include medical or legal expenses related to a collision or other events involving your car. This extends to you and your passengers, as well as the driver and passengers of the other vehicle involved in the incident.
Optional Coverage for Enhanced Vehicle Protection
Comprehensive coverage is not part of the state minimum requirement for car insurance. In cases where you have a lease or loan on your vehicle, however, your lender may require you to purchase full insurance coverage for your car, requiring you to take out a comprehensive coverage.
When your car is new and still has value, it makes sense to buy broad insurance coverage for enhanced vehicle protection. But since comprehensive coverage covers different risks, it can also benefit those who own older cars, too. After all, the cost of damage can affect your finances, regardless of whether your vehicle is new or old.
Comprehensive insurance is a smart move for most drivers. Ultimately, obtaining the policy depends on the state of your car and your ability to pay off accidental damage.
Oxford Auto Insurance ensures that you stay financially protected even when you’re on the road.
Contact us today for help in finding an insurance policy that fits your needs.
5 Ways to Find the Best Auto Insurance CompanySeptember 6, 2018
Specific car insurance companies appeal to different types of drivers. Some companies specialize in servicing families while others cater to drivers with less-than-perfect driving records. You can save hundreds of dollars or get additional benefits if you choose to buy insurance from a company that is a good fit for your needs.
As such, comparing car insurance companies in Aurora is just as vital as comparing insurance quotes. Here are a few ways you can effectively shop for the right insurance company:
1. Check Out the Car Insurance Company’s Consumer Track Record
One way to know if an insurance company matches your requirements is to research its consumer track record. Read reviews online to see what the consumers say about its insurance policies and services.
If you’re comparing two or more companies, check their complaint records on the website of the National Association of Insurance Commissioner (NAIC) or your state’s insurance department. You can quickly remove companies with the highest number of complaints from your list. You don’t want to work with an insurance company that doesn’t provide excellent customer service.
2. Compare the Exact Same Coverage
Many car owners commit the mistake of comparing different coverages from two insurance companies. What you should do, instead, is to establish your desired coverage limits before shopping for insurance. And make sure you use those same limits to request a quote from every company you check out. This way, you get to see which company offers the better deal.
3. Inquire About Car Insurance Discounts
Before you begin comparing insurance quotes, make sure you inquire about potential car insurance discounts. Perhaps, you can bundle your home and auto insurance from one company. Or, ask if the company provides low down payment or low monthly rate options. Checking possible savings is a great way to trim down your choices.
Just a quick reminder, though: make sure to use the same desired coverage limits when comparing insurance discounts. This way, you get a clearer view of the possible savings offered by each company and see which discounts are more worthwhile for you.
4. Compare Optional Coverage
Many insurance companies offer optional coverage such as tow truck insurance, which you may need for sudden car breakdowns. So, if one provider offers add-ons that you want at the same price or close to the price of another company’s insurance without the extras, it may be worth choosing the company that offers optional coverage.
5. See If the Company Caters to Your Specific Needs
Having a less-than-perfect credit score or driving record doesn’t mean you don’t have a chance to get a good auto insurance deal. Make sure to work with a company that understands your specific situation and helps you get great, affordable coverage despite that.
Comparing auto insurance companies is easy, once you know what to look for. So, make sure to follow the tips above to make your shopping more efficient and to find the provider that best suits your needs.
If you want further assistance in your search for the auto insurance that’s right for you, we’re here to help. Talk to us today.
Auto Insurance is Your Financial Protection While on the RoadSeptember 3, 2018
Auto insurance is essential for drivers. It provides benefits that can protect you financially in case you get involved in an accident. Most states in the US mandate every driver to have basic personal insurance, but with different laws.
To ensure that victims of vehicular accidents can seek compensation easily, drivers in Chicago must have car insurance with the minimum insurance coverage. Drivers without proper insurance could pay a substantial amount of money if accident victims decided to file a lawsuit.
What Does Auto Insurance Cover?
The Insurance Information Institute (III) explains that your car insurance can give you coverage in various aspects. These include property, liability, and medical. You can use this if someone stole your car or if it gets damaged due to a road incident like a car crash. It can also cover your legal responsibility to victims of the accident, especially if you’re at fault. In this situation, you may be financially responsible for the damages.
If you don’t have car insurance, you might have to pay out of your pocket. This also applies when there are medical expenses involved.
Although insurance can cover the damages from a collision or any road accident, it doesn’t reimburse you for normal wear and tear or mechanical failure of your car.
Find the Insurance that Fits Your Needs
It is essential to have basic car insurance, but this may not be enough. This only protects victims and not you. That’s why you should consider getting insurance that gives you extra protection but still complies with the state’s requirements.
In Illinois, auto insurance must at least have the following:
- Bodily insurance liability insurance in every accident should be equivalent to $50,000
- Property damage coverage should equate to $20,000
- Liability insurance for bodily injury for every person should be $25,000
- Underinsured and uninsured motorist coverage should get $25,000 per person and $50,000 total per accident
Since they are just the minimum requirements, you can purchase liability insurance with a higher amount than what the state imposes. You can choose comprehensive car insurance to cover any loss on your car. This is an ideal solution to protect the value of your asset.
Collision insurance is another type of insurance to consider. What’s good about this insurance is that it covers the damage to your car after hitting something like a road sign or another car.
You can also get medical insurance to cover the healthcare costs you’ve incurred after an accident.
Protection at a Low Cost
Auto insurance saves you from spending a hefty amount of money due to an accident, so purchasing it could prevent financial difficulties in the future.
We can help you get car insurance that is affordable yet gives you the features and services you need. Our team will also make the process convenient by enabling you to purchase online, anytime.
You don’t have to pay too much money for down payments just to secure a policy. We’ll let you drive without worrying about paying expensive claims.
Contact us now so we can help you.
A Quick Post-Car Accident ChecklistAugust 23, 2018
Los Angeles is the 66th most populous city proper in the world, with a little over four million residents. Accidents are bound to happen in a city where the automobile is the primary means of transportation.
Auto insurance in Harvey LA is one way to protect yourself. While there’s no way to eliminate car crashes, you can mitigate its the impact by knowing what to do should it occur.
Assess the Situation
It may take a while for you to recover from the shock, but it’s important to get your bearings and try to stay in control. Once you’re able to, assess the situation.
If you can move, get out of your car. If there’s a risk of injury or if moving can put you at risk for worse injury, maintain your position. If it’s safer to move out of traffic, do so and don’t leave the scene of the incident.
If you’re riding with other people, check if they are OK or if they sustained injuries. If you’re able to, call 911 or the California Highway Patrol (CHP). Alternatively, pedestrians and other motorists may call for help.
As soon as the authorities arrive, follow their instructions.
Stay Calm and Call the Insurance Company
The next step is to call the insurance company. Exchange car insurance information with the other party. Your insurance company and the other driver’s insurance company will need both your information to figure out who pays for the damages.
Follow the instructions that your agent gives you. If possible, request a tow through your insurance company. Take note of the name of the tow company and the location where they will take your vehicle.
Be Alert Before and After Documenting the Accident
When the authorities start gathering information, be courteous and polite at all times. Give the police your name and insurance information. Provide only the following:
- Your name
- Your insurance company’s name
- Your agent’s name and contact details
- Your policy number
- Your vehicle’s manufacturer, model, year, color, and VIN
If possible, take pictures to document the scene of the accident. You need photos of the following:
- License plates of vehicles involved
- Damage to your vehicle
- Damage to other vehicle/s
- Damage to property
- Objects at the scene, such as skid marks, accident debris, fallen branches, and others
- Street signs or landmarks that show the location of the accident
- Contributing factors to the accident, including obscured traffic signs
A car accident is an unfortunate event to be involved in, but it pays to gather as much information as possible. The right auto insurance will be of use in such a situation. Our agents in Harvey LA can help.
The Insurance with the Right Coverage
At Oxford Auto Insurance, we can help you find the best car insurance. Our agents will help you look for a policy with the kinds of coverage that meet your specific needs. We highly recommend an insurance policy that comes with collision and comprehensive coverage.
We will get you the most reasonably priced and extensive coverage. On top of this, we will provide you with flexible payment plans, low down and payments, increased liability limits, and tow truck insurance. Contact us today for a free quote.
Worry Less on the Road with an Affordable Motorcycle InsuranceAugust 1, 2018
Motorcyclists are more vulnerable on the road, according to the Insurance Information Institute (III). They don’t have the same protection that car drivers and passengers have, exposing them to greater chances of getting injured or worse, killed in a crash.
If you’re a motorcyclist, your vulnerability on the road is the biggest reason to get motorcycle insurance as required in Chicago IL.
The Prevalence of Motorcycle Crashes
Motorcycle owners make up only 3 percent of America’s total registered vehicles. In spite of this, the National Highway Traffic Safety Administration (NHTSA) says motorcycle accidents happen 27 times more frequently compared to fatalities in other vehicles. The NHTSA further explains that at least 80 percent of motorcycle crashes result in injury or death.
This is why the state requires motorcyclists to get the minimum liability insurance. It’s to make sure you’re capable of handling the expenses before hitting the road. The insurance policy includes the following:
- $25,000 for injuries to or death of a person in one accident
- $50,000 for injuries to or death of 2 or more persons in a single accident
- $20,000 for property damage for every accident
Compliance with basic liability insurance is good. The downside is it may not give you enough financial protection; motorcycle accidents can devastate finances. The minimum liability insurance only covers the losses of the other party involved in the accident, which you may have caused.
So what kind of insurance should you have?
The Right Insurance for You
The right motorcycle insurance for you not only covers the basic liabilities but also takes care of your property and any injuries you sustain in such accidents. Here’s what a good insurance plan includes:
- Medical payments – This covers your medical bills should you need treatment or hospitalization after a road incident.
- Comprehensive coverage – This coverage can help you with repair costs after your motorcycle sustains damage due to theft, fire, falling objects, vandalism, or severe weather.
- Roadside assistance plans – This ensures you get help should your motorbike break down. Such plans include battery service, flat tire service, towing, fuel delivery, and more.
- Increased liability limits – This depends on your financial situation; it ensures that you receive the appropriate coverage. It can increase your liability limits at an affordable cost.
For low-cost motorcycle insurance, you can come to us. We have the right insurance plans for you and your motorcycle.
Spend Less for Better Protection
Hit the road with confidence and protection for your motorcycle with our motorcycle insurance plans. We will find the most competitive rates among several types of motorcycle insurance plans and compare the policies of many insurers.
Many factors affect how the cost of motorcycle insurance varies. In general, it tends to be costly since riding motorbikes is statistically riskier than when riding cars.
But work with us, and we will find a policy with extensive coverage at an affordable rate. Our team will help you find the right financial protection you will need.
Find out how much motorcycle insurance in Chicago costs. Talk to us and get a free quote today.
Why Basic Vehicle Insurance Coverage Is Not Enough for YouJuly 19, 2018
Once you become a licensed driver in Illinois or move to the state, you must comply with the local requirements. Part of this is carrying insurance policies that cover any liability should you ever get into an accident.
There are many companies offering vehicle insurance in Chicago, many of which provide enough coverage that the law requires. However, this is not enough, and you should opt for better coverage that suits your needs and protects you even more than basic coverage provides.
Insurance Coverage Required by Law
Before you can drive, Illinois driving laws require that you have insurance coverage that meets certain specifications. These include liability coverage, uninsured motorist bodily injury coverage, and underinsured motorist bodily injury insurance. Liability coverage consists of two parts: bodily injury and property damage. These pay for the costs of the death of pedestrians or other drivers, medical expenses, and, if necessary, legal defense.
Laws require at least $25,000 per person per accident and $50,000 total per accident each for bodily injuries, uninsured, and underinsured bodily injury insurance, and $20,000 for property damage.
All these listed are necessary, which makes it the bare minimum coverage. Failure to drive without insurance incurs penalties, suspension, and fines. Repeated offenses may increase the severity of these three, and you could become a high-risk driver, making your insurance premiums more expensive.
More Than Just Basic Insurance
According to Illinois’ Department of Transportation, there were 324,473 vehicle crashes in the state last 2016. You could argue that you are a good driver and can avoid getting into accidents, but it can happen to any person on the road, so isn’t it better to be prepared?
It is much better to be prepared because basic packages can only shoulder so much; if there is an excess, the driver will have to pay the rest. Even the Illinois Department of Insurance recommends buying higher premiums because the state’s minimum may not provide enough coverage. According to them, vehicles today are worth over $20,000 while medical bills could go over $25,000. The total may exceed your coverage, leaving you to shoulder the other costs.
Also, if you took out a bank loan to pay for your vehicle, some banks may require you to have better coverage to protect their financial interests if the vehicle itself is your collateral. It could include comprehensive insurance, which protects your car from non-driving accidents such as fire, theft, vandalism, and other external debris.
While Illinois driving laws state a minimum insurance coverage, drivers should refrain from buying an insurance deal that only covers the bare minimum. Keep in mind that insurance protects you from the high costs of vehicle accidents, and by getting the best possible coverage, you protect yourself from other incidents that may not be covered with minimum coverage.
Oxford Auto Insurance has served Chicagoland for over 65 years and is a trusted name for car insurance in Illinois. We provide more than just the bare minimum and help you find the best and most affordable packages for your situation.
Click here to learn more about our automotive insurance packages.
What Do You Do When You’re Hit With a Speeding Charge?July 12, 2018
Imagine a free highway with not many vehicles around. You’re on your way to check out Chicago’s finest destinations. You may be in a hurry to visit the Garfield Park Conservatory. While stepping on the gas pedal, you hear the sound of a police car behind you. You pull over, and you realize you went over the speed limit — again.
If this situation results in a suspension of your license, you have hope in the form of an SR-22 car insurance in Chicago, which can restore your driving privileges.
Sometimes though, you can mitigate the impact of a traffic offense by approaching the situation calmly and with your wits about you.
As soon as the police officer walks up to your car, your defense against speeding charges starts. As the Miranda rights state, anything you say can and will be used against you in the court of law.
All your statements will take part in the court proceedings. This is why it’s crucial that you remain calm and respectful.
Remember not to provide information more than what the police needs or asks. Keep in mind that you are not required to agree with the officer’s assessment.
Be polite still and compliant with reasonable requests. You will know when the officer’s requests are reasonable if you’re familiar with the speed limits in Illinois.
Know the Speed Limits
The Illinois State Police reminds drivers that it’s their responsibility to be aware of the posted speed limit. The state’s speeding law restricts driving at a speed “greater than is reasonable and proper with regard to traffic conditions and the use of the highway, or endangers the safety of any person or property.”
Here’s a list of the maximum speed limits in Illinois:
- 65 miles per hour on state highways
- 55 miles per hour on other highways, roads, and streets
- 30 miles per hour on urban district roadways
Here are the consequences:
- $120 fine for 1-20 miles per hour over the limit
- $140 fine for 21-25 miles per hour over the limit
- $1,500 fine (Class B misdemeanor) for 26-34 miles per hour over the limit
- $2,500 fine (Class A misdemeanor) for 35 miles per hour or more over the limit
Handle speeding charges better with a deep knowledge of, or familiarity with, Illinois’ speeding laws.
The Insurance with Assurance
All “high-risk” drivers in Chicago need an SR-22 insurance certificate (or the Certificate of Financial Responsibility), as required by the Illinois Department of Motor Vehicles (DMV). The SR-22 isn’t a kind of insurance. It’s a confirmation that you’re maintaining your car insurance liability coverage. If you find yourself obliged to have this certificate, Oxford Auto Insurance can help you.
Some car insurance providers set the policy rates depending on the applicant’s record. We can provide guidance in such instances. We compare policies from more than 15 insurers. This will allow you to find the insurance that fits your needs, your budget, and that comes with an SR-22 certificate.
For a free quote, give us a call today.
Winter Vehicle Maintenance: Winterize Your CarDecember 4, 2017
When the weather turns cold, it’s time to bundle up and take care of yourself. Limiting your exposure to the elements is the best way to ensure that you’ll be healthy and comfortable during the cold winter months, and the same applies to your car. Like you, it needs protection, because cold weather can have an adverse effect on your vehicle’s vital systems.
Illinois Driving Laws For 2018December 4, 2017
Some driving laws seem to be like the law of gravity — they’ll always be there. Red probably will always mean “stop,” and green likely will always mean “go,” for example. But even though you may have aced your driving test all those years ago, that doesn’t mean that what you learned in driver’s ed always will be the law. Although it’s unlikely that Illinois suddenly would declare that blue means “stop,” it’s important for anyone using Illinois roads and highways to keep up with the latest changes in driving laws.
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