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January 30, 2012
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Accident News

 

There's The Cost Of The Vehicle Itself, Maintenance, Repairs, Fuel And Auto Insurance

Driving is a privilege, but it comes with a price tag. There's the cost of the vehicle itself, maintenance, repairs, fuel and auto insurance. Many states require you to carry a basic, minimum level of auto insurance. It's a way of sharing the risks of driving. You pay premiums to an insurance company for coverage. In return, your coverage will protect you against most financial losses that might otherwise be staggering.

Auto insurance is more than a matter of insuring your vehicle for loss or repairs after an accident. It is a financial safety net that can help you offset the cost of:

Bodily injuries to yourself or others

Lost wages due to injury

Benefits to survivors when an accident results in death

Lawsuits brought against you as the result of an accident

Repairs made to your car due to damage caused in an accident.

This Web site will guide you through some important decisions about your automobile insurance. How much coverage do you really need? How much liability insurance? Is there any way to save money on auto insurance? First, you'll need to know just what kinds of coverages are available. Many states require a basic liability coverage, but you must decide how much additional insurance you need. You select a package of insurance from standard types of coverage - a package that will protect you, your family, your vehicle and your assets. Your particular package could include:
Bodily Injury Liability

Property Damage Liability

Collision Coverage

Comprehensive Coverage

Medical Payments Coverage

Uninsured/Underinsured Motorist Protection

 

 

 

Contact our Illinois Accident Lawyers if you have ever experienced a personal injury and think others are at fault for the accident.

 

 
Did You Know?    
 
 
A Pedestrian Is Killed In A Motor Vehicle Crash Every 13 Minutes And Injured Every 8 Minutes
Its estimated 68,000 pedestrians are injured and 4,641 were killed in traffic crashes in the United States, representing 2% of all the people injured in traffic crashes and 11% of all traffic fatalities.

 


  Newsroom  
 


Insurance Commissioner John Garamendi Announces Arrest Of 19 Suspects For Auto Body Insurence Fraud In Butte
 

Insurance Commissioner John Garamendi Announces Arrest Of 19 Suspects For Auto Body Insurence Fraud In Butte (“Operation Colla...
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'Spare Tire' Might Protect Men During Car Accident
WEDNESDAY, March 1 (HealthDay News) -- New research suggests that a few extra pounds can be good for you -- if you're male and unlucky enough to be...
Read more >


What to Do in Case of an Accident
Step 1If possible, stop your car in a safe and visible place. If the car cannot be moved, turn on the hazard lights. Turn off the ignition. Be...
Read more >


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Terms

 


Today's Terms

Gap Insurance

Definition:
Insurance that pays the difference between the actual cash value of a vehicle and the amount still to be paid on the loan. Some gap policies may also cover the amount of the deductible.

Misdemeanor

Definition:
Criminal offenses less than felonies; generally those punishable by fine or imprisonment of less than 90 days in a local facility. A gross misdemeanor is a criminal offense for which an adult could be sent to jail for up to one year, pay a fine up to $5,000 or both.

Limited Tort

Definition:
Offers savings on your premiums. You are still able to recover all out-of-pocket medical and other expenses, however you are not able to recover non-monetary damages or receive payments for pain and suffering unless injuries are defined as serious.

More Terms >

 

Resources

 


More Resources >

 

Hot Topics

 

  • DUI Car Accidents
  • Aggresive Driving
  • Catastrophic Injuries
  • Speeding Accidents

More Topics >

Illinois Car Accident Lawyers

 
If you live in one of the following cities and have been in an auto accident you should contact an Illinois Car Accident Lawyers as soon as possible:

  • Arlington Heights
  • Aurora
  • Bartlett
  • Berwyn
  • Bolingbrook
  • Buffalo Grove
  • Carol Stream
  • Chicago
  • Chicago Heights
  • Cicero
  • Des Plaines
  • Elgin
  • Glenview
  • Granite City
  • Harvey
  • Joliet
  • Lockport
  • Lombard
  • Mchenry
  • Moline
  • Mount Prospect
  • Normal
  • Oak Lawn
  • Palatine
  • Plainfield
  • Tinley Park
  • Waukegan
  • Wheaton
  Need to find a Car Accident Lawyer Nationwide? Visit CarAccidentAttorneys.com


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