The term, “precious cargo,” is common, but never is it more suitable than when used to describe the family and friends who travel in your car, truck or van. There are nearly 220 million licensed drivers in the United States, and auto insurance was created to protect you and the precious cargo you transport. Vehicle insurance is mandatory for most of the nearly 220 million licensed drivers in the United States, including all drivers in Illinois. Insurance was created to protect you and your precious cargo, and the insurance agents at King Forman Insurance Agency understand the fundamentals of keeping your coverage and premiums reasonable.
Do you have a good driving record? A short commute? Do you own or lease your car? Are you on an honor roll or have a degree? These and other factors will help to ensure you are getting the best coverage for the best price.
We tend to associate auto insurance with the cars and trucks we use to travel to and from work, but the vehicles we use in our leisure time must be protected as well. While a recreational vehicle (RV) and motorcycle must be properly insured, coverage limits and requirements are different than those of a car. Likewise, unlicensed vehicles, such as all-terrain vehicles (ATVs) and golf carts, also require a different form of auto insurance to protect both the driver and the vehicles themselves.
Types of Coverage
No matter what type of vehicle you drive, there are four main types of coverage to consider:
- Liability – Mandatory coverage that protects you in the event that you are found liable for injuring another person or damaging their property.
- Collision – Covers damage to your own vehicle in the event of an accident with another vehicle or object, such as a guardrail or retaining wall. The value of your vehicle determines whether you need to purchase this protection.
- Uninsured Motorist – Mandatory coverage that protects you in the event a driver with no insurance causes injury to you or your passengers.
- Comprehensive – Covers other than collision damage to your own vehicle including vandalism and glass breakage.
Boats and Personal Watercrafts
If you purchase a new yacht, speedboat, fishing boat or personal watercraft, make sure you have insurance before your new toy even leaves the dealership. Watercrafts present a distinct set of risks, and you have a lot to lose with your new investment. The insurance agents at King Forman Insurance Agency can help minimize those risks by creating a comprehensive watercraft policy at a reasonable cost.
Contact our office at 847-298-0100 to learn how King Forman Insurance Agency can help protect you and your vehicles.