5700 N. Lincoln Ave., #205, Chicago IL 60659
Auto Policy Definition:
What is Full Coverage? There is no such thing as "full coverage" on insurance. Many people refer to this when they want both liability and protection for their car. But all insurance has limits. If you look at your current policy you will see liability limits and property damage limits. Do you know what theses mean- some agency's will tell you that you have "full coverage" when you actually only have the state minimum coverage! Learn what the numbers really mean.
Bodily Injury (BI) and property Damage (PD)
Covers your liability for injuries you cause to other people and property damage for which you re at fault.
This coverage is usually expressed in a "split number" such as 100/300/100
The first number is the limit (in thousands of dollars) that your policy will pay for bodily injury per person in the event of an accident. The second number is the total limit your policy will pay for bodily injury to two or more people per accident.
The third number is the limit that your policy will pay for property damage per accident.
Many people are underinsured today because of the rising costs of vehicles (making it easy to exceed your Property Damage Limits) and the high personal injury awards in the lawsuits.
Please consult with us to make sure you have adequate converge- we'll be happy to help you!
Uninsured and Underinsured Motorist
Covers you when you are injured by someone who is not insured or has inadequate limits of coverage. This is often an overlooked coverage, and we would be happy to help you understand this better.
This covers the cost of replacing or repairing your vehicle in the event of an accident in which you were at fault. The
premium varies depending upon your deductible limits. We would be happy to help you decide which deductible is right for you.
This covers repairing or replacing your vehicle in the non-accident situations, such as theft and vandalism. Hail and other "acts of God" are covered, as defined by your policy. This also has a deductible, so please consult with us about which deductible meets your needs.
When choosing Motorcycle and Scooter coverage, we will give you suggested coverage based on your bike and lifestyle making it easier to find the package that's right for you.
If you should have a claim, damaged OEM parts are replaced with OEM parts. And if your bike gets totaled or is stolen, with Total Loss coverage (TLC), you get a new one that's just like the original. Even your accessories are covered, up to $3,000. You don't always get this level of coverage as part of your standard motorcycle insurance policy. But with Roxy Insurance, you do!
Basic motorcycle insurance policies start as low as $75/year. With the carriers we use you might get a little more coverage than you would elsewhere. For example, with Total Loss coverage, you get a new bike
if yours is stolen or wrecked; sometimes, this coverage only covers accidents.
Auto Insurance Protection:
Purchasing Auto Insurance shouldn't be a difficult decision. As your agent, we will help you understand the ins-and-outs of auto insurance so you can choose the right type of coverage to meet your needs. Our goal is to give you the most amount of coverage for the least amount of money.
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