Quick Guide to Auto Insurance

  • By interactive
  • 03 Nov, 2017

Auto Insurance Terms You Should Know

Auto Insurance Policy - Quincy, IL - Terms You Should Know

As your trusted Quincy, IL auto insurance company, Winters Insurance Group provides a variety of different types of auto insurance to drivers all over Illinois. Every driver is required to have a minimum amount of insurance, but unfortunately, auto insurance is filled with terminology that can be confusing to people who aren’t versed in how insurance works. There are a lot of different types of auto insurance out there, and here at Winters Insurance Group, we want to help you make an informed decision about what type of insurance to buy. Here is a list of common auto insurance terms that you’re likely to come across when you’re shopping for insurance.

Common Auto Insurance Terms

  • Comprehensive Coverage : If your vehicle is damaged due to an event other than a collision, comprehensive coverage pays for the damage. Comprehensive coverage includes damages from fire, theft, windstorms, and vandalism.
  • Collision Coverage: If your vehicle overturns or collides with another vehicle or object, collision coverage pays for the damage to your vehicle. This type of coverage can also extend to a non-owned vehicle or one rented for personal use.
  • Personal Injury Protection (PIP) Coverage: This is a type of coverage in which the auto insurance company pays the medical, hospital, and funeral expenses of the insured person, people in the insured vehicle, and pedestrians struck by the insured vehicle.
  • Uninsured Motorist Coverage: If you’re in an accident with a vehicle where the driver doesn’t have insurance and is legally liable for the accident, uninsured motorist coverage can be used for injuries that you and the occupants of the vehicle sustain.
  • Roadside Assistance Coverage: Roadside assistance provides services such as flat tire changes, towing, locksmith service, and battery jump-start to customers.
  • Bodily Injury Liability Coverage: If the insured person is legally liable for an accident, this type of coverage pays for injuries/death to the people involved in the accident other than the insured driver.

General Insurance Terms

  • Deductible: Your insurance plan’s deductible is the amount that you pay out of pocket for damage resulting from a specific loss or accident.
  • Limits: Your insurance coverage limit is selected by you and is the most an insurance company will pay for damages or injuries that apply to the coverage. Illinois specifies a minimum limit that must be purchased for each insurance coverage.
  • Policy Term: This refers to the length of time your policy is active.
  • Premium: The amount of money paid to your insurance company in return for insurance protection. You typically pay a premium every six months.

Trusted Auto Insurance in Illinois

Now that you have a better understand of some of the most common auto insurance terminology, you can make a better informed decision about what kind of insurance is right for you. Let the experts here at Winters Insurance Group help you with all your auto, health, and life insurance needs. Contact us today to get the ball rolling on saving money!

Winters Insurance Blog

By interactive 03 Nov, 2017

As your trusted Quincy, IL auto insurance company, Winters Insurance Group provides a variety of different types of auto insurance to drivers all over Illinois. Every driver is required to have a minimum amount of insurance, but unfortunately, auto insurance is filled with terminology that can be confusing to people who aren’t versed in how insurance works. There are a lot of different types of auto insurance out there, and here at Winters Insurance Group, we want to help you make an informed decision about what type of insurance to buy. Here is a list of common auto insurance terms that you’re likely to come across when you’re shopping for insurance.

By interactive 03 Nov, 2017

Here at Winters Insurance Group, your premier Quincy, IL health insurance provider, we understand that health insurance is incredibly complicated. If you’re an average family just trying to ensure that your loved ones all remain healthy, it can tough to keep track of all the terminology around health insurance. From deductibles to premiums to Medicaid, health insurance terms are almost like a foreign language. One of the things we do here at Winters Insurance Group is provide a variety of health insurance solutions to individuals, families, and companies around the Quincy, IL area, and thus, we consider ourselves to be experts when it comes to the matter. Here is a list of some of the most common health insurance-related terms that you’re likely to hear.

By interactive 02 Oct, 2017

While the majority of employee benefit plans come with some type of medical insurance, many don’t include dental or vision, leaving people scrambling for coverage when they need it the most. If you can’t get dental or vision coverage through your employer or you’re self-employed, we know that it can be tempting to simply skip your annual vision check-up, dental cleaning, or avoid going to the dentist when you have a toothache. This is a bad idea, as skipping annual checkups can lead to poor long-term dental or vision health, which can end up leading to costly procedures in the future. Here at Winters Insurance Group, we offer both insurance for vision and dental insurance in Quincy, IL .

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