Auto insurance is something that is required by law in almost every state in the United States. Each state has its own requirement when it comes to the basic coverage that you have to have to comply with insurance laws. There are also federal regulations that have to be followed for a car to be considered legal to be driven on the streets. For those in the Mount Prospect, IL area, the agents with Com-Co Insurance Agency Inc. can help you find the policy that is going to work for you.

Why is auto insurance required by law?

For starters, it is necessary so that other drivers are covered if they are in an accident with you that is not their fault. This is the main reason that you have to have auto insurance. Without it, the fault and payment of bills and insurance premiums to have cars replaced and repaired would fall to the people that were in the accident even if it was not their fault.

Insurance that is required by law is put in place to protect other drivers so that the cost of medical bills does not fall solely to the injured to pay. It is important that you take the time to make sure you comply with insurance law so that you can be sure you are not going to be in violation if you are pulled over by police or should you be in an accident. Each state has a liability threshold that your policy must meet which is usually around $10,000. This means that if there is an accident, there is $10,000 coverage for medical bills for the other driver.

For those in the Mount Prospect, IL area, Com-Co Insurance Agency Inc. can help. Reach out to our Illinois offices to speak with an agent and learn how you can get started on a policy.