Comprehensive Physical Damage Coverage in Illinois
Signing up for a comprehensive physical damage coverage plan for you and your vehicle is one of the best ways to protect yourself and your wallet when the going gets tough on the road. Sometimes called a “full coverage” plan, these insurance plans may be what you need to rest easier before you take on the road.
What Is Comprehensive Physical Damage Coverage?
Simply put, comprehensive physical damage coverage is an upgraded plan that covers damage to your vehicle outside of a collision. With more basic plans, only damages caused by collisions with other vehicles are covered. Comprehensive plans cover you and your vehicle when a falling branch dents your vehicle’s roof or when you hit a deer on the road at night.
Other situations where comprehensive coverage might come into play are fires, vandalism, hail, and broken windows that aren’t the result of a collision. If a truck in front of you kicks up a rock on the highway and cracks your windshield, your comprehensive coverage will likely cover the cost of repairing or replacing the glass. Storm damage is also often included in a comprehensive coverage plan.
Generally, if you pay for comprehensive coverage, you’re also paying for collision coverage. This complete or nearly complete coverage may be attractive to drivers who want to protect their vehicle and finances no matter what happens to the vehicle. A good way to think about the difference between comprehensive and collision coverage is that collision protects you when you make a mistake on the road while comprehensive protects you when you just have plain bad luck.
Without comprehensive coverage, you may have to shoulder the whole cost of any damage to your vehicle that was not caused by a collision. If you still owe money on your vehicle, this can put you in a tight spot financially, which is why plans with comprehensive physical damage coverage are so popular with drivers of new cars.
How Does Comprehensive Coverage Work?
With comprehensive physical damage coverage, you will pay a deductible for repairs after a mishap and the insurance company will pay the rest of the repairs if the damage falls under your coverage. For example, if it costs $6,000 to repair your vehicle after it has been stolen and crashed into a light pole and your deductible is $1,000, you will pay the deductible amount and the insurance company would pay the other $5,000 if the damage is covered.
Insurance policies that offer comprehensive coverage will likely rely on your vehicle’s cash value or blue book value to decide how much to cover for your vehicle. For example, if your vehicle has a blue book value of $10,000, your insurance company will likely only cover damages up to that point. In this case, if it would cost more than $10,000 to repair your vehicle, it is considered a total loss, or “totaled,” and your insurance plan instead pays you the $10,000 to purchase a new vehicle.
Comprehensive physical damage coverage plans can either be sold in conjunction with or separate from collision coverage plans. Having one does not necessarily mean you have the other. If you have to choose one, the law suggests you choose collision coverage first.
How Does This Apply in Illinois?
In Illinois, comprehensive physical damage coverage is not required. The only coverage that is required by the state is property damage liability and bodily injury liability. Comprehensive coverage is an excellent option for people who are still paying off their vehicles or those who want to protect their vehicles from more than just collisions.
The minimum amount of insurance you’re required to have in Illinois is a plan that covers $25,000 per person who has suffered a bodily injury up to $50,000, as well as $20,000 for property damage. Liability coverage covers the cost of your legal defense if a lawsuit occurs as a result of the accident.
Though comprehensive coverage is not required by law in Illinois, it is still a smart investment to make if you want to ensure your vehicle is protected in most situations, including the uncommon and strange ones. A perfect driver with only collision coverage may still have to reach into their wallets if they wake up one morning to find hail has taken out their windshield and dented the roof of their car.
What Can American Auto Insurance Do for You?
American Auto Insurance is here to make sure you have everything you need to safely and legally operate your vehicle in Illinois. Our affordable rates make us a great option for drivers on a budget. American Auto Insurance offers plans as low as $14 a month with no credit score required. Our honest work has earned us an A+ rating from the Better Business Bureau.
We offer more than just comprehensive physical damage coverage plans as well. Speak to us about our bodily injury liability and property damage liability coverage as well to see how we can help you protect yourself where you need to be protected. We also offer SR-22 insurance should you find you need it.
What If I Don’t Qualify?
If you’re worried about acquiring insurance because you’ve been turned down by other agencies, you should still reach out to us. We serve all drivers, including high-risk drivers, those with suspended and international licenses, and those who have lapses in their coverage. We aim to be a source and asset for every driver in Illinois — not just drivers who make us the most money as other agencies might do.
Every driver in Illinois deserves to be able to protect themselves on the road. Regardless of a person’s driving history or situation, American Auto Insurance believes that every person deserves a chance to become insured in order to pursue a better, safer future.
Contact our team today to get a quote on your new insurance plan, whether you want a comprehensive plan or you simply want to make your vehicle street-legal. Join the many other people we’ve helped in our 35 years of experience today.