Oxford Auto Insurance Provides Financial Security for Car Owners in Illinois


Posted February 21, 2019 by Lauren_Garza

Oxford Auto Insurance, an Illinois agency with 65 years of experience, provides financial security for car owners with their auto insurance. It provides customers with affordable policies that are customized to their specific needs.

 
[OAK BROOK, 02/21/2019] - Oxford Auto Insurance provides financial security for their customers with comprehensive auto insurance. The company compares policies from 15 insurance providers to fit customers’ needs.

Auto Insurance Needed in Illinois

The state of Illinois uses the “fault” system in settling losses from a car accident. This means that the person who caused the accident will be fully responsible for repaying those who were harmed in the crash. The state has a “mandatory insurance law.” Vehicle owners need to have liability insurance for every automobile registered in Illinois.

For the minimum coverage, residents are required to have $20,000 to pay for property damage, $25,000 for the injury or death of another person in a crash, and $50,000 total for every injury or death caused in a collision. This covers medical bills, property damage bills, and other costs related to a car accident.

The state charges fines of at least $500 to those who drive registered vehicles without insurance. This penalty can exceed $1,000 if a person is caught using a suspended vehicle because of a lack of insurance.

Oxford Auto Insurance offers low down payments and monthly payments for its customers. They can pay as little as $23 dollars per month. Customers can also buy their plan online and drive immediately, as most of Oxford Auto Insurance’s partners offer instant proof of insurance any time of day.

Difference Between SR-22 and Regular Auto Insurance

The SR-22 is not an insurance or policy. It’s a certification from a person’s agency saying that the individual is carrying the required amount of car insurance. This document is submitted to the Department of Motor Vehicles (DMV). It is usually needed for people who have been involved in severe moving violations and other major traffic offenses.

For cars, motorcycles, and home insurance, Oxford Auto Insurance is ready to provide affordable options for their customers.

About Oxford Auto Insurance

Oxford Auto Insurance has been serving the people of Chicago for over 65 years. As a leading insurance agency, it provides affordable and convenient quotes for Illinois residents who need coverage for their cars, motorcycles, and even their homes.

Visit https://www.oxfordauto.com to learn more.
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Issued By Lauren Garza
Country United States
Categories Insurance
Last Updated February 21, 2019