In Florida, automobile owners must comply with all laws associated with auto insurance. These laws are in place to reduce the potential for auto accident lawsuits. With adequate insurance, accountable drivers can offer coverage to accident victims through their policy. Auto insurance in Fox Lake IL provides an adequate level of protection as outlined under the current laws.
What are the Insurance Requirements?
The state of Illinois requires all drivers to have liability coverage. The policy should provide $25,000 for the first victim of the accident. It should provide a maximum of $50,000 for the total accident. The policy should also provide property damage coverage that equates to $20,000.
The policy pays for coverage for others involved in an accident when the automobile owner is at fault. It doesn’t provide any coverage for the automobile owner or their vehicle. If the auto owner wants coverage for their own vehicle, they must acquire a more extensive policy. They may choose collision or comprehensive to cover their own vehicle.
Providing Evidence of Insurance
All drivers must provide evidence of their insurance when they are pulled over by law enforcement. If they fail to provide evidence during a traffic stop, they will receive a citation. Under certain conditions, the car may be impounded until the driver acquires proof of insurance.
Drivers must also provide evidence of insurance when they register a new vehicle. When they renew their tag, they must also provide this proof. The Department of Motor Vehicles maintains a record of the policy. If for any reason it is canceled, the owner must provide updated policy information to avoid penalties.
What Penalties Could Apply?
The initial penalty for driving without auto insurance is a $500 fine. The Department of Motor Vehicles may suspend the vehicle’s registration. If the owner drives it while the registration is suspended, the penalty is increased to $1,000.
In Florida, all drivers must follow mandatory auto insurance laws. This indicates that they must have at least liability insurance for their vehicle. Local agents can help automobile owners who need assistance with Auto Insurance in Fox Lake IL today. To acquire a free quote, visit Alamo Insurance and Financial Service today.
