Why You Must Have Car Insurance All the Time

Believe it or not, there are a growing number of motorists that have decided that it is no longer in their best interest to carry an insurance policy for their car. Even though this can be illegal, many feel that it is an expense that they are not able to afford for the time being. The thing is though, it is one of those things that you simply have to learn to be able to afford, such as food. It is something that you cannot go without if you are currently driving your car on the road.

If you were to find yourself caught driving without the proper legal insurance, you might find yourself in a lot of money. This is not something that you want to have happen. Still though, there are a lot of people out there who think that they are such excellent drivers that they will never have to worry about getting caught driving without the legally required insurance. Just think of all of the terrible things that could happen. Would you really want to see yourself in such a position?

However, even if you never get pulled over by the police, what would happen if you were to be the cause of an accident, because you served to avoid hitting a dog or maybe even a child? Most likely it will then be found out that you do not have the legal cover that you are allowed to have. You will want to make sure that you are never allowing of this to ever come about. To avoid all of this, simply make sure that you have the required insurance.

Another thing to consider, even if you did not get into legal trouble, you could end up in a lot of financial trouble. If your actions caused damage to someone else’s property, you are going to be expected to pay for that. If you were already having a tough time as it is, then you would find yourself really hard pressed should someone suddenly be coming after you for the money they need to fix their car.

As you can see, having car insurance all of the time is simply something that you have to have. This way, you will be completely covered and safe from financial and legal harm. In order to make sure that you are getting the best deal possible on the car insurance that you need, do try to make sure that you are taking a little bit of time out of your day to comparison shop for the policies.

If you happen to find out later that you did not exactly get the policy that you would have liked to have had, you can always shop around again. Simply start the process all over again. In fact, it has been suggested in the past that you look for better cover at least once every couple of years. This will make sure that you are always getting the best deals possible.

Car Insurance Requirements For California Drivers

If you are a new car owner in the state of California, or if you just moved to the state, you need to be aware of the car insurance requirements. Auto insurance requirements are different from state to state, and California has some unique demands here. California only requires that you have insurance to protect the medical treatment and property of someone else that you may have an accident with. We want to take a brief look at what levels of insurance are required for your vehicle so you can be legally insured.

By law in California a legal driver must have bodily injury coverage of at least fifteen thousand dollars per person that is inured, and at least thirty thousand dollars for all the people injured in an accident. This coverage is commonly referred to as fifteen thirty BI. This may seem like a lot of money to cover injuries, but once you think about the rising costs of medical treatment these days you may want to increase it to fifty thousand and one hundred thousand for bodily injury.

A legal driver in California must also have a minimum coverage of at least five thousand dollars of property damage. This will give you coverage to the other person car if you damage it. You really should consider upping this coverage to thirty or even fifty thousand dollars once you consider the prices of cars these days.

Aside from these two required coverages, your auto loan may require than you also carry collision and comprehensive coverage for your own vehicles. The collision coverage will make sure the costs of repairing or replacing your vehicle are covered in case your car it damaged. The ultimate cost will depend on the type of car you own and its age. Your auto lender may also demand that you purchase comprehensive coverage which covers you for things such as weather damage or damage is should run into an animal. Basically it covers any type of damage that is not incurred due to a collision with another vehicle. Comp is usually not very much and it gives you coverage for theft as well, including any personal property inside the vehicle. The cost for both of these coverages will also depend on the amount of the deductible that you choose.

Some other coverages you will want to consider are uninsured motorist coverage and under insured motorist coverage. With the weak economy and job market today many people are choosing to drive illegally without auto insurance. With the uninsured motorist coverage you will be covered for both bodily injury and property damage if you have an accident with another person who is not insured. Even though they may be at fault and owe you to cover medical and car repair bills, they will not be able to pay you if they are not insured. The uninsured motorist coverage protects you in these cases.

The under insured motorist coverage works much in the same way. If you have an accident with someone and they do not have enough insurance coverage to pay for your medical bills or repair bills then this coverage will kick in and pay. Again, considering how many people are trying to cut household expenses this type of insurance makes sense if you can afford it. The amount of your under insured coverage must match the amount you have for the uninsured coverage.

Filing Claims Under Uninsured Motorists, Under Insured Motorists Provisions in Illinois

Uninsured Motorist Bodily Injury Coverage (UM) – Refers to the mandatory coverage that your auto policy provides for you for your bodily injury caused by a hit-and-run driver or an at-fault driver who has no auto liability insurance. The State of Illinois law requires uninsured motorist limits of $20,000 per person and $40,000 per accident. For additional premium, you may buy higher limits to pay for claims that exceed those amounts.

Uninsured Motorist Property Damage (UM PD)T- his is an optional coverage. It provides coverage up to a specific amount, to your vehicle, in the even you were hit by someone who is legally insured. Since this is a partial physical damage coverage on your vehicle then you cannot and should not purchase it if you are also getting comprehensive and collision (there will be overlap in coverage.) Some people refer to a liability policy with (UM PD) as Liability Plus insurance.

Underinsured Motorist Bodily Injury Insurance (UIM) – This is an optional coverage that provides bodily injury equal to that in the UM, in the event that you are injured in an accident that is not your fault and the other person has insurance, but his/her insurance was not enough to cover all the bodily injuries you sustained. Insurers do not have to offer this coverage at the basic mandatory liability limits of 20,000/40,000. In the even the client chose to have higher limits, the insurer must offer this coverage at the same level of UM.

That is why when shopping for the affordabel auto insurance you need to worry about the limits of your policy, not just shop for the cheapest auto insurance quotes.

Your Options:

What can you do if you were hit by an uninsured motorist who was at fault in the accident? Can something be done to help you collect damages?

If you have a private policy you should submit a claim to your private insurer and they will help you collect for the damages. In this case you have to pay for the deductible and once your insurance company collects for damages they will refund you for the deductible that you paid.

You may also submit an Illinois Crash Report to the Illinois Department of Transportation Accident Report Office, 3215 Executive Park Drive, Springfield, Illinois 62766, Phone 217-782-4516. The report must include information about the uninsured driver, and that the case be certified by the State fpr suspension under the Safety and Financial Responsibility Law. Once the case is verified and the accident report is certified, the state will proceed with the suspension of the driver’s license of the at-fault uninsured driver and the license plates of the uninsured owner involved in the crash. The suspension will remain in effect until your a legal agreement is reached between the two parties to pay for the damges caused by the insured motorist, according to the State of Illinois statute related to this matter.

Another option is to take a legal action. You can file a court judgment against the uninsured motorist. If the judgment remains unsatisfied for 30 days, you may submit it to the State of Illinois office for suspension. If you need more information please call one of our agents, or contact the State of Illinois, Safety and Financial Responsibility Section, 2701 S. Dirksen Parkway, Springfield, Illinois 62723, phone 217-782-3720.

Author’s Note: A number of suggestion and some materials were obtained from the State of Illinois website at http://www.cyberdriveillinois.com/departments/drivers/faq.html.