Finding the right auto insurance can seem complicated. Learning the basics can eliminate confusion and help appropriately select coverage that is right for you.
Liability Insurance (Mandatory)
LIABILITY INSURANCE – is required by law everywhere. If you cause an accident, you are legally responsible for all damages to the other parties vehicle as well as costs associated with injuries, loss of income, death, and other damages inflicted on the other party.
In addition to Liability Coverage, there are multiple optional coverages to choose from. Below are the various optional coverages available:
Comparing the Options
After identifying the levels of protection you want or need, use our easy online rater to compare your costs with our competing insurance carriers.
Liability insurance can help protect you from this risk as well as assist in legal defense fees.
Each state has a mandatory minimum requirement of liability coverage you must carry to legally operate a vehicle. In Iowa and Illinois the minimum requirements of liability are:
- Bodily Injury coverage- $20,000 per person
- Bodily Injury coverage- $40,000 per accident
- Property damage coverage- $15,000
You may feel that your needs are not appropriately addressed with the mandatory state requirements, but that does not necessarily mean a full coverage plan is right for you. The key to finding the appropriate coverage is focusing on your specific needs and goals. Review the various types of coverage to make informed decisions about what coverage is right for you.
COLLISION COVERAGE – is the first half of “full coverage”. Typically, collision coverage will pay to repair any damage done to your vehicle that was caused while the vehicle is being operated. This coverage usually has a deductible. The deductible is a specified amount that the insured must pay out of pocket before the coverage “kicks in”. The higher your deductible is set, the lower your monthly payment will be. A lower deductible equals higher monthly payments.
COMPREHENSIVE COVERAGE – is the second half of “full coverage”. Typically, comprehensive coverage will pay for damage done to your vehicle while the vehicle is not being operated. Damage caused by a hail storm, an errant baseball, vandalism, or a tree falling on your vehicle are examples of what is covered by comprehensive coverage. Like collision coverage, comprehensive coverage has a set deductible that you are responsible to pay before coverage is provided by the insurance company.
UNINSURED MOTORIST COVERAGE – provides bodily injury protection in the case of an accident when you are not at fault, but the at fault party does not have a liability insurance policy in place at the time of the accident.
UNDER-INSURED MOTORIST COVERAGE – provides coverage in the case where the at fault party has a liability policy in place at the time of the accident, but the coverage is not adequate to pay for your bodily injury damages.
UNINSURED MOTORIST PROPERTY DAMAGE COVERAGE – provides coverage for your vehicle in the case where you do not have collision coverage on your vehicle and it is damaged by someone without insurance. This coverage, like collision coverage, has a deductible. If you do have collision coverage the damages would be covered, minus your deductible.
MEDICAL PAYMENTS – pays up to a specified dollar amount of the insured’s medical expenses if he/she was injured as a result of an auto collision. Benefits are paid irrespective of who caused the collision.
ROADSIDE ASSISTANCE – assists motorists whose vehicles have suffered a mechanical failure. Services range from towing a vehicle, to changing a flat tire and delivering fuel. Each company offers varying coverages under this benefit, so be sure to find out what coverages are provided from the carrier.
RENTAL REIMBURSEMENT – provides a rental vehicle for the insured following an accident. Coverage amounts may vary, so be sure to inquire about the limits available.
An independent agency like Independent Insurance Services, Inc. can provide multiple rate quotes from different companies for easy comparison. Please note, not all of our carriers allow online quotes through our rating service, so be sure to provide contact information so one of our local agents can contact you to discuss all possible options.
Finding the right coverage for your vehicle might seem complicated at first glance, but QCFreeQuote has just made it much easier. You now have the best of both worlds with our personalized online quoting service and a local Quad Cities agent just a click or phone call away. Let us help guide you to the savings and piece of mind you deserve.
All information referenced on qcfreequote.com is intended to provide a basic understanding of policy benefits. In no way does it provide a definitive explanation to policy benefits and should be considered a basic learning tool. Coverage, language and definitions will be specific to your policy and the information on this website should not be referenced when determining active benefits.