Waukegan Auto Insurance: Types Of Insurance Offered

In this article we will look at Waukegan auto insurance. All vehicle owners are required to have car insurance. There are several types of car insurance in the U.S. Some of theses are mandatory in most states while others are not mandatory. There are generally four types of car insurance covers offered in Waukegan.

1. Bodily injury liability insurance. This coverage pays for medical bills, pain and suffering, funeral expenses and lost wages or income. This cover also pays for legal fees that are incurred when defending the cover holder in a lawsuit. This cover is a requirement in most states.

2. Property damage liability. Another type of car insurance cover offered by the company is the property damage liability coverage. If you cause an accident on your own then you are liable for the repairs to any other car involved in the accident that you caused.

This cover helps you pay for the repairs of the other car damaged as well as the repair of anything you hit during the accident such as street lamps or fences. This type of coverage is also required in most states because there is usually a high chance of people causing accidents and damaging other cars and property.

3. Collision insurance. This coverage pays for any damage on your vehicle as a result of a collision with another vehicle. This cover does not discriminate and it pays for damage even if the fault is yours.

However, if the fault is yours, you have to pay for a certain out-of-the pocket amount. In case you are not at fault, then the insurance company will seek reimbursement from the driver who caused the collision. This coverage is optional in all states but if you have a financed car then the lending institution requires you to have this cover.

4. Comprehensive insurance coverage. This protects you from loses incurred as a result of any other damages and hazards that are not accused by collision. Such damages include vandalism, fire, theft, earthquakes, storms, contact with animals and falling objects among others.

This coverage is not mandatory in all states and car owners can take it at their own convenience. However, just like collision coverage, comprehensive coverage is required by lending institutions if your vehicle is financed.

Car insurance is very important regardless of the type because it protects you and your property. Waukegan auto insurance is important for all people who live there.

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