Policyholders should be familiar with coverages, limits, and claim procedures.

• Check auto insurance policy coverages, exclusions, and loss settlement terms each year.
• Verify policy details (limits, deductibles, name, address, vehicles, drivers in the household, lienholder, etc.) are accurate. Adjust as needed.
• Illinois law requires liability coverage on all licensed motor vehicles. Liability pays for the other driver's damages if you are legally responsible for the crash.
• Physical damage (comprehensive and collision) protection is optional, but lenders typically insist on it. Comprehensive and collision pay for damages to your vehicle.
• Insurance companies offer numerous policy add-ons. Examples are towing, rental car reimbursement, gap coverage (leased vehicles), uninsured motorist property damage, new car replacement, and more. Expand coverage to suit individual needs.
• Look through the insurance contract for policyholder duties following a loss. These are requirements like reporting damage to the insurance company as soon as possible, providing a loss statement, cooperating in the claim investigation, and more.