Wisconsin Auto Insurance Legal Requirements

Com-Co Insurance Agency Inc. offers insurance in four states, including Wisconsin, so don’t let our Mount Prospect, IL, service area throw you off. We also provide auto insurance to Wisconsin residents. In today’s blog, we consider the state’s auto insurance requirements.

Own Auto Coverage Before You Drive

Wisconsin requires every driver to purchase auto insurance before driving on its roads. These insurance policies must meet current minimum coverage requirements, including:

  • Bodily injury liability coverage in the amount of $25,000 per person per accident
  • Bodily injury liability coverage in the amount of $50,000 for all persons total per accident
  • Property damage liability coverage in the amount of $10,000 per accident
  • Underinsured/uninsured motorist coverage in the amount of $25,000 for bodily injury per person and $50,000 for all persons total per accident.

These state minimums do not cover damage to your vehicle, so we recommend adding comprehensive, collision, and roadside assistance coverages.

What Happens if You Drive Without Insurance?

The state of Wisconsin provides harsh penalties for anyone who drives without insurance. You could lose your driver’s license, incur a massive fine, or both. The court does provide an opportunity for you to prove that you did have insurance at the time of the ticket and currently carry it in case a mistake gets made in ticket issuance or you do not have insurance cards yet.

Contact Us Today for Auto Coverage

Don’t let our Mount Prospect, IL, service area put you off. We offer insurance to the state of Wisconsin, so email or call Com-Co Insurance Agency Inc. today for auto insurance.

Auto Insurance Requirements and Options in Illinois

Our agents at the Com-Co Insurance Agency Inc., serving the Mount Prospect, IL area, do not want to see you lose your driver’s license or have to pay stiff fines because you are caught driving without at least an auto liability insurance policy in place.

Auto Insurance Requirements and Options in Illinois

Auto liability insurance is required under the law in Illinois for you to be able to drive a motor vehicle legally. This type of policy will help pay the medical bills of a person if they are injured in an accident that just so happens to be caused by you. This type of policy will also help repair or replace their vehicle and will cover any other type of property damage you cause.

There are several different options for creating your auto liability insurance policy. Read on for more information on the three most common options.

Uninsured/Underinsured Auto Insurance

You can be driving down the road, minding your own business, when suddenly you are involved in a traffic accident with someone who did not bother to obtain any insurance policy or has very little auto insurance. Suppose you are injured or your vehicle is damaged. In that case, you will be pleased to have an uninsured or underinsured auto insurance policy in place since it can help you repair your vehicle and pay for your medical bills.

Comprehensive Insurance Coverage

Comprehensive insurance is critical since it will protect the investment you have made in your vehicle. This is because if your car becomes damaged or destroyed by a natural disaster, vandalism, or some other incident, such as a fire, comprehensive insurance can replace or repair your vehicle. This type of coverage can also help you out if your vehicle is stolen.

Collision Insurance Coverage

Collision insurance will be helpful if you collide with another vehicle or a stationary object and damage your car, truck, or SUV.

Contact Com-Co Insurance Agency Inc.

And there you have it, the main types of auto insurance coverage options. To create the best policy for you, contact our agents at the Com-Co Insurance Agency Inc. serving the Mount Prospect, IL area today!

Combining Your Auto Insurance When You Get Married

When wedding bells toll for you and your sweetheart, Com-Co Insurance Agency Inc. knows you probably expect to live happily ever after in Mount Prospect, IL. Life as a married couple can save you a lot of money, not just because two incomes earn better than one.

Getting married lets you combine many costs, such as your automotive insurance policies. Under most circumstances, combining your auto policies saves you money. This blog explains how to do it and under what circumstances combining policies could cost you more money.

How Getting Married and Combining Policies Saves Money

Typically, the spouses obtain a quote from their respective insurance agencies for a two-vehicle, two-driver policy. Combining auto insurance results in lower premiums when both spouses maintain good credit scores.

Most insurance companies offer a discount when you insure all your family’s cars with them. Placing all of the family drivers on one policy usually produces the same result.

When Combining Policies Doesn’t Save Money

Take a lesson from the TV show “The Closer,” which featured two law enforcement officers in love and getting married. When Brenda and Fritz wed, Fritz neglected to mention his previous DUIs. Although his life had changed since then, his credit score had not. Like bankruptcy, DUIs, and DWIs remain on your record for years.

These types of moving violations don’t only affect your driver’s license points and driving record. They also affect your credit score, dragging it down. Credit scores look at many things in calculating the risk a financial institution undertakes when offering you a loan or insurance. If one spouse has a low credit score and the other has a good or excellent score, your premiums could still go up if you combine.

Marriage, Insurance, and Other Financial Matters

Don’t go through what fictional characters Brenda and Fritz did. Instead of starting your marital bliss with a big fight, talk about your finances before you get married. Also, meet with a Com-Co Insurance Agency Inc. representative to discuss your financial future. We can help you decide if combining your auto insurance best suits your situation and help you plan for other matters. Contact us today to start your married life in Mount Prospect, IL, the right way.

If I rent a car when traveling, does my auto insurance cover that car?

Do I Need Rental Car Insurance?

Whether traveling for business or pleasure, renting a car can make getting around more convenient. But when it comes to insurance, it can be unclear whether your current policy covers you or if you need to purchase additional coverage from the rental agency.

In this blog post, Com-Co Insurance Agency Inc looks at what coverage you already have and what type of insurance should be considered when renting a car in Mount Prospect, IL. 

Your Current Auto Insurance Policy 

The first step is to check your auto insurance policy before signing up for car rental insurance. Most policies will provide at least some level of coverage that extends to any cars you rent, though there may be restrictions. For example, if you’re traveling out-of-state or out-of-country, your policy may not cover rental vehicles in those locations. 

Should I Buy Extra Coverage? 

If your personal auto insurance doesn’t provide adequate protection for rental cars, then purchasing extra coverage from the rental agency would be wise. This can include things like loss damage waivers (LDW) which protects against damages caused by an accident; personal accident insurance (PAI), which covers medical expenses related to an accident; and supplemental liability protection (SLP), which provides additional liability protection above what is offered by the credit card company and your personal auto insurance policy in Mount Prospect IL, and beyond.

Contact Com-Co Insurance Agency Inc. We can look at your auto insurance policy with you to see what kind of coverage already exists on your personal auto insurance policy.

Tips to drive in the snow

When the weather report predicts a snowstorm, many people panic, they rush to the store to buy bread and milk and spend hours trying to figure out how to drive in the snow. While it is important to be prepared for a snowstorm, it is also important to stay calm and use caution when driving in the snow. This post will give tips on how to operate in the snow safely.

The first step is to check the weather report before you leave. This will allow you to prepare your car for the conditions, whether stocking up on winter survival gear or adjusting your tire pressure. It is also a good idea to slow down and use extra caution while driving in snowy conditions, as road speeds can significantly affect your ability to maintain control of your vehicle.

When driving in the snow, it is also important to increase your following distance between cars. This will give you more time to react if you need to brake or turn suddenly, and it can help prevent accidents from occurring in icy conditions. Additionally, it is a good idea to know how to handle a skid in case you find yourself in this situation while driving.

It is vital to ensure your car is properly winterized to stay safe while driving in the snow. This may mean checking your battery, wipers, and headlights before heading out on the road and ensuring that your tires have enough tread and pressure for snowy conditions. Finally, having a passenger can help you stay alert and focused on the road ahead.

If you have any questions, give Com-Co Insurance Agency Inc. a call today. We proudly serve the Mount Prospect, IL area. 

What Does Auto Insurance Cover?

If you own a car, you need auto insurance. However, there are different types of auto insurance you should know about. At Com-Co Insurance Agency Inc in Mount Prospect, IL, we offer the auto insurance options you need. 

Liability Auto Insurance 

All vehicles are required to have a liability insurance policy. Liability insurance will cover the damages if you are involved in an accident that is declared your fault. 

This includes damage to the other person’s vehicle, and medical expenses due to accident injuries, up to the coverage limits. 

Collision Coverage 

Liability insurance covers damage to the other person’s vehicle. Collision coverage, on the other hand, covers your vehicle. It will pay to repair or replace your car in the event an accident is your fault or no fault. 

Lenders often require collision coverage. This helps protect their collateral in case of an accident. However, even if you aren’t required to have collision coverage, it can help protect your investment. 

Comprehensive Coverage 

Comprehensive coverage also covers your vehicle. However, instead of protecting you during an accident, it protects you from damage when your car isn’t moving. 

This typically includes vandalism, theft, and storm damage. For example, if your car is damaged by hail, this would be covered under comprehensive coverage. 

Like collision coverage, comprehensive coverage is typically required if your vehicle has a lien. 

What Isn’t Covered by Auto Insurance? 

Full coverage insurance includes liability, comprehensive, and collision coverage. However, some things aren’t covered under these policies. 

These include expenses due to normal wear and tear on your car, mechanical breakdowns, and some types of intentional damage. 

Auto Insurance at Com-Co Insurance Agency Inc 

If you need auto insurance in Mount Prospect, IL, contact us at Com-Co Insurance Agency Inc. We will help you choose the right policy for your needs.

Are Your Ready for Deer Collision Season?

Deer mating season is upon us, and with it, the risks of accidents increase significantly. According to the Illinois DOT, more than 40% of crashes in 2019 during October, November, and December were deer hits, with November having the highest risk. Mount Prospect, IL is no exception, with Cook County ranking number one in deer hits over that same period. In rural areas, more than 90% of all auto accidents involve deer. So what can you do to stay safe on the road?

Preventing a Deer Hit:
1. Timing matters. Deer are most active at dusk and dawn, so be particularly alert around those times. 
2. Keep an eye on the sides of the road and look for eyeshine – the reflection of your headlights in their eyes. If you spot one, expect more. Deer are pack animals and rarely alone. 
3. Don’t expect deer to only show up in rural areas. They are adaptable and appear in rural, urban, and suburban places. 
4. If you do spot a deer, slow down. They likely have friends nearby. 
5. Deer make strange choices. They may stop in the center of the road or suddenly double back. Be prepared. 

Reducing the Impact of a Deer Hit: 
If you cannot avoid a collision, brake, don’t swerve. If you swerve, you increase the risk that you’ll impact another vehicle or lose control of your car, and it also makes it harder for the animal to avoid you. 

Honk and slow down. If you cannot slow enough to give deer a chance to escape an impact, try to make it a glancing blow instead of a head-on collision. Deer are pretty sturdy and can do a significant amount of damage. The slower you are going and the less direct the hit, the better. 

Check Your Coverages: 
If you do run into a deer this autumn, is your collision coverage in place? Is your rental sufficient to keep you driving while you wait for repairs? Is your deductible affordable? If you are unsure, call or stop by Com-Co Insurance Agency Inc today to go over your policy and make sure you are protected. 

Illinois Auto Insurance: Safe Driving Tips for Commuters

When you are a commuter, your life has a few additional stresses that you have to incorporate into your everyday plan. We know that research shows that collisions happen during rush hour traffic all the time. 

At Com-Co Insurance Agency Inc. we want Mount Prospect, IL drivers to be safe when they are traveling to and from their place of employment or to school. Use these safe driving tips when you are commuting, and drive with more confidence and security.

Stay Vigilant

Keep an eye on your surroundings at all times when you are driving. Stay vigilant. Scan constantly to be sure that the cars near you aren’t any closer than they need to be. If they are, maintain a safe distance.

You can spot potential problems quickly and avoid accidents when you are vigilant during your commute to and from work or school.

Use Defensive Driving Techniques

When you are commuting, always give yourself a way out of traffic should an emergency occur. With bumper-to-bumper traffic in rush hour, rear-end collisions can happen. Have a way out, usually to your right, when you are driving.

If a car gets too close, drive defensively and get out of the way.

Keep Your Technology Charged

When you are having problems on the road, the last thing you want to happen is to need your phone, and have it out of battery juice. Keep all of your technology charged and turned on when you are in the car. Don’t use it unless it is an emergency.

Get Roadside Assistance

If you don’t already have it, roadside assistance can help you to feel more confident when driving on your commute in Mount Prospect, IL.

It will be there if you need it. At Com-Co Insurance Agency Inc., we can help you with your insurance policy at any time. Call us for a quote today.

Reasons Your Auto Policy Can Be Canceled and Where to Get Help to Get Coverage

It’s bad news when you get a notice that your auto policy has been canceled. At Com-Co Insurance Agency Inc., which serves Mount Prospect, IL, we can explain why, and we can also use our expertise to try to get you new coverage.

What is Cancellation?

Cancellation means notifying you before the expiration date that your policy will not be renewed or that your new policy will no longer be in effect. Your insurer has up to 60 days to cancel new policies.  For any reason other than non-payment, you must give written notice at least 30 days in advance. A missed payment requires a 10-day notice.

Reasons Insurers Cancel Auto Policies

Dishonesty in answering your insurer’s questions and having a history of insurance fraud are also cause for termination.  Some other reasons are drug or alcohol abuse, a felony and a history of traffic violations. A medical condition that may make you an unsafe driver is another reason. So too are a poor CBI credit score and possessing a motor vehicle wiith mechanical defects.

Help for High-Risk Drivers

At Com-Co Insurance Agency Inc., we partner with insurers that may be able to give you coverage. We also work with the Illinois Automobile Insurance Plan (ILAIP), a program for poor-risk drivers. To qualify for the program, you must:

  • Have tried to get insurance within the past 60 days
  • Possess a valid driver’s license or be eligible to get one
  • Owe no unpaid monies to other insurers over 36 months
  • Own a vehicle without mechanical defects

If you live in or near Mount Prospect, IL, contact us at Com-Co Insurance Agency Inc. We will do our best to get you auto coverage after cancellation.

Is State-required Auto Insurance Adequate?

As a car owner, you are always looking for creative ways to keep your vehicle ownership costs down. As a result, it’s not uncommon to buy the most basic auto insurance. But is the state-required auto insurance adequate? If you want to find out, keep scrolling as Com-Co Insurance Agency Inc. of Mount Prospect, IL explains whether minimum auto insurance covers you optimally.

State-required auto insurance in Illinois

If you drive your car on Illinois roads, the state requires you to have the below minimum coverages in your auto insurance. 

  • Liability coverage: Your auto insurance should have bodily injury liability to cover you against the physical harm you inflict on other people. Besides, you should have property damage liability to protect you when you are accused of causing property damage to third parties.
  • Uninsured motorist coverage: Since some drivers in Illinois don’t carry auto insurance, this coverage covers your medical costs and property damages caused to you by an uninsured motorist who is at the fault of the accident. 

If you fail to buy the required auto insurance, you are at risk of significant out-of-pocket expenses. Besides, you will receive the below fines and penalties for failure to provide proof of auto insurance ownership.

  • A minimum fine of $500
  • Licenses plate suspension of up to four months
  • Registration suspension that may attract a legal fine of up to $1,000

As you can see, driving without valid auto insurance is costly. But the good thing is that it’s avoidable with proper planning. 

Is state-required auto insurance adequate?

While adhering to the required auto insurance is superb, you need other auto insurance coverages for better protection. State minimums are just minimums. In case your car is damaged in an accident or stolen, your vehicle isn’t protected. Similarly, if you are injured in an auto accident, your medical expenses won’t be covered.

In light of this, please consider the below additional auto insurance coverages for maximum protection.

  • Comprehensive coverage
  • Collision coverage
  • Medical payments coverage/PIP
  • Roadside assistance
  • Gap coverage

Would you like to get more information on auto insurance? If you are in Mount Prospect, IL and its environs, please contact Com-Co Insurance Agency Inc. for all your auto insurance needs.