Three Steps to Take after a Car Crash

If you own a vehicle, you may know the financial risk that may exist when you are involved in a road accident. Auto Insurance is a requirement for motorists in almost every state, for instance, in Chicago, IL. At NCIB Group Inc., our mission is to ensure you have auto insurance coverage for your unique car insurance needs.

Automobile accidents occur, even to careful drivers. However, if an accident happens, there are specific steps you can take to protect yourself. The following are three steps you can take after a car accident:

Ensure everyone is safe

The first thing to do after a car accident is to ensure the safety of everyone involved. Call 911 to get an ambulance to the scene if anyone is injured. Also, inform the police since it’s a requirement in Chicago, IL.

Moreover, the police will provide you with an accident report for your insurance company. After the accident, ensure everyone is in a safe location to protect them against further injuries. It could involve:

  • Moving everyone to the roadside
  • Putting on your hazard lights
  • Use your phone light or a flashlight if it’s dark
  • Setting up flares around the scene to alert other motorists about the accident

Exchange information and assess the scene

Once the safety of everyone is ensured, assess the accident scene and exchange information with the other motorists involved: exchange auto insurance information and contacts with the other drivers. The information will help if there are any compensation claims related to the accident.

To collect evidence, take pictures of the scene using your phone. Take pictures of:

  • Injuries of passengers and your own
  • Damages to the vehicles
  • The entire accident scene

Decide if you want to file a claim

You are not required to file a claim if the car accident was your fault. If the other driver is responsible, you must file a claim with their insurance company. After the accident, inform your insurer; they will file the claim on your behalf.

However, you still utilize your insurance in some instances, even though the accident was the other motorist’s fault. After an accident, our insurance agents at NCIB Group Inc. in Chicago, IL will guide you through the insurance claim process.

Contact NCIB Group Inc. in Chicago, IL for Auto Insurance

It’s advisable to have good auto insurance coverage for your vehicle to protect yourself after an accident. At NCIB Group Inc. in Chicago, IL, we are ready to offer auto insurance coverage solutions that fit your budget. Contact us today, and our agents will help you choose an auto insurance cover according to your needs.

Does auto insurance cover a rental vehicle

If you are heading off for a much-deserved vacation and flying, you will most likely need a rental vehicle when you arrive at your destination. The questions of what kind of insurance you need to purchase and the amount of insurance is vital for your peace of mind. At NCIB Group Inc. in Chicago, IL, our agents have the answers you need. We put the needs of our customers first, and we go the extra mile to make sure your coverage is customized to your fitting. 

Not every auto policy will cover a rental vehicle. It depends on whether you have full coverage or you have basic coverage. Call your insurance agent and ask if you have any questions about exactly what kind of coverage you have. They will have the answer you need. 

Liability coverage is what you have if you have a basic policy. This means you won’t need to purchase additional liability coverage, but you may not have any coverage to protect the vehicle. One way to make up for that is to talk to your credit card company. You may have rental vehicle coverage as a perk of your card.

If you have any insurance that covers what you own, like home insurance, renters insurance, or condo insurance, you don’t need to purchase insurance to cover the theft of your property because you already have that. 

If you are concerned about the amount of coverage you may have, the CDW that the rental car company offers takes all the responsibility away from you. It does add a lot to the cost of your rental, but it also provides a lot of peace of mind. 

Contact NCIB Group Inc. in Chicago, IL with all your auto insurance needs.

What to do if you are stranded on the roadside

Auto safety is a top priority for the team at NCIB Group Inc. If you are living in the Chicago, IL area, you know just how important road safety can be. Here are a few tips to help keep you safe when you are out on the road!

Roadside safety

The first thing to do if you find yourself stranded on the roadside is to immediately get to safety. Once you are out of harm’s way, you can telephone for medical assistance, towing services, or both. If you or anyone involved in an accident is severely injured, call 911 right away.

Once you are safe and have notified the necessary parties, be sure to double-check that you are in a safe location. It is advisable to always have an emergency kit in your vehicle, especially during the winter months. Make sure that you are warm enough if it is cold outside, or that you have your windows down if it is warm.

Roadside assistance services will come in handy if you ever find yourself stuck on the roadside, whether due to an accident or a breakdown. Fortunately, many comprehensive auto policies available in our area do offer roadside assistance features. Having this service can help turn a fiasco into an annoyance and help to keep you safe!

Let us help you with all of your insurance needs

NCIB Group Inc. is here to serve the insurance needs of the greater Chicago, IL area. If you want to make sure you have the auto coverage you need or have any other insurance questions, call or stop by our office today!

Do people in Chicago need auto insurance?

Those that live in the Chicago, IL area will find that vehicle ownership makes it easier to get around the city. While there is a strong public transportation system, owning your vehicle does come with some convenience. Along with a vehicle, you also need to choose a proper insurance plan. Vehicle owners here need to have an auto insurance plan for a few reasons. 

Coverage is Required by State

A reason you will need to have this coverage is that it could be a requirement by the state. If you are going to buy a vehicle here, you will want to know you are in compliance with all laws when driving it. In Illinois, this means that you will need to carry liability coverage. If you do not have this protection, you could be penalized and will also be responsible for any damages you cause in an accident. 

Coverage Needed for Proper Protection

Even if it was not a legal requirement, you will still want to have this insurance protection. An auto insurance plan is the best way that you can protect your vehicle. If you do not have this coverage, you could incur a serious loss if your vehicle is involved in an accident, or it is stolen. 

In almost any situation, a vehicle owner in the Chicago, IL area will need to have an auto insurance plan. If you are looking for coverage here, it would be a good idea to work with NCIB Group Inc. There are a lot of choices you need to make when looking for coverage and NCIB Group Inc. can make it easier for you. The team here is able to do this by assessing your situation and giving the support you need to choose a new plan. 

When To Shop For New Auto Insurance

Getting the best deal on your auto insurance is critical to your budget. Auto insurance is unique also because it is one of the few expenses you will ever have, which is required by law. This makes it even more important that you are always getting the best deal. At NCIB Group Inc., serving Chicago, IL, we make it a priority to help customers learn as much as they can about insurance products to make great insurance decisions. Let’s talk about when you should shop for new auto insurance.

Purchasing A New Car

When you purchase a new vehicle, it is important to shop around and compare the car’s rates. If you will be financing the car, it is almost always required that the vehicle be fully covered as part of the purchase.

Getting Married

If you are about to get married or have recently gotten married, this is a great time to shop for new auto insurance. Married couples can often get important discounts. You can also simplify your monthly expenses by having one insurance policy instead of two. 

Adding A New Driver

If you have a teenager who is ready to drive, you will need to add them to your auto policy. This can change your rates dramatically. To get the best deal, you will need to compare rates from different companies. Be sure to talk about important discounts for driver’s ed and good grades. 

Annually

If none of these life changes are coming up, it is still good to shop for new auto insurance about once a year to always make sure you are getting the best deal. 

If you would like to learn more about our insurance products, please contact us at NCIB Group Inc., serving Chicago, IL.

Do I need auto insurance in Chicago?

The Chicago, IL area is one of the largest metro areas in the entire country. To ensure that you can get around it efficiently, you should consider purchasing a car. When you are going to purchase a vehicle here, you also need to get the right insurance. There are several reasons why a car owner here will need to get an auto insurance plan here. 

Insurance is Required by the State

Car owners in all areas of Illinois will need to get insurance because it is a requirement set by the state. Like other areas of the country, those in Illinois will need to carry liability insurance at all times. This coverage ensures that you will have the capacity to pay for damages you may cause during an accident. If you do not maintain this coverage, you could face a variety of penalties. 

Insurance is Required by Lender

Many choose to take out auto loans when they buy a car. If this is your situation, you need to comply with your lender’s insurance requirements. Most of the time, this will include having a full collision and comprehensive insurance plan. This coverage ultimately protects the lender as it ensures you could repair or replace your car if it is stolen or damaged. 

As you look for an auto insurance plan in the Chicago, IL area, it would be wise for you to call the NCIB Group Inc. The insurance team with the NCIB Group Inc. understands the value that this insurance creates. They can help you by answering your questions, providing you with insight into your various options, and building you an insurance plan that is right for your situation and keeps you in compliance with all of your requirements. 

New Car? Essential Coverage You Can’t Do Without

If you’re going to invest in the cost of a new car in Chicago, IL, make sure you do the same for your auto insurance. Not just any coverage will do. Your auto insurance should protect your vehicle against theft, accidents, breakdowns, and disaster damage. It should also cover you for liability claims in the event you cause an accident. Here’s how a comprehensive auto policy from NCIB Group Inc. can protect you.

Coverage

When you own a new car, you can’t afford to skimp on your auto insurance. At NCIB Group Inc., we offer extensive coverage to protect you and others on the road. This coverage includes:

  • Collision – covers repair costs to your vehicle if it’s damaged in a crash
  • Comprehensive – protects you against auto theft and covers repair costs to your vehicle from non-collision events (bad weather, vandalism, falling objects, etc.)
  • Uninsured Motorist (UM) – covers repair costs to your vehicle from hit and run or uninsured drivers.
  • Liability – pays for injuries or property damage to other drivers in accidents you cause
  • Roadside Assistance – covers towing costs and minor repairs if your vehicle falters during your travels.

Collision, comprehensive, UM, and roadside assistance coverage is optional in Illinois. As a new car owner in Chicago, IL, however, you can benefit from the protection this coverage has to offer. Compromising on your coverage could result in you having to pay most or all of your vehicle repairs out of pocket.    

Required Coverage

Liability insurance is mandatory in Illinois to protect others in accidents you cause. By getting as much liability coverage as possible, you can protect your financial assets against serious accidents that cause massive damage.

For more information on auto insurance or to purchase quality coverage, contact us at NCIB Group Inc., serving residents in Chicago, IL.

Do I need Auto Insurance for My Old Car?

It’s true. Even old cars need love. Old cars need the type of love that will protect them from liability and perhaps more. In truth, that old car needs love in the form of insurance. Insurance will protect you, your old car, and your wallet from the liability of causing an accident that damages someone else’s car or injures someone.  

Liability Insurance (Required in Most States)

Liability insurance is required by state law. NCIB Group Inc. of Chicago, IL understands that drivers that own older cars don’t want to pay any more than they need to protect and insure their older cars. It’s a state law in Chicago, as in most other states, that all drivers are required to carry liability insurance. Liability insurance typically covers bodily injury liability as well as property damage liability. In short, both of these coverages fall under liability. One covers injury to others in situations where you are deemed liable for a car accident or other similar circumstances. The other form of liability insurance pays for property damage when you are considered liable for damage to someone else’s property

Other Required Insurance Coverages

In addition to liability, some states might require that you carry other forms of insurance, even if your car is older. For example, some states require that drivers carry Uninsured and underinsured motorist coverage. The first coverage can help with medical bills as well as car repair. Some drivers who have liability in a car accident may be underinsured to compensate the people involved adequately. This insurance helps in situations like this. The latter form of insurance can also help with medical coverage as well as extend to cover lost wages and even childcare. However, personal injury insurance isn’t offered in all states. 

All in all, old or new, any car you drive will require some form of insurance. Insurance serves as protection in unexpected situations. Speak with one of our agents at NCIB Group Inc. in Chicago, IL, so that we can help you determine the proper coverage for your situation.

 

 

 

Do Finance Companies Require A Certain Amount Of Full Coverage Insurance?

If you are considering purchasing a new vehicle via financing, then you may want to be informed about insurance requirements. Most insurance companies require their borrowers to obtain a certain level of full coverage consisting of comprehensive insurance and collision insurance. Before purchasing a vehicle, find out what the requirements are and how much the premiums will be from month to month or in a lump sum.

Meeting Auto Insurance Requirements

If you are financing a vehicle, you must meet the insurance requirements in order to leave the dealership and drive on the open road. Before making your vehicle selection, work with an insurance agent from a reputable, established company like NCIB Group Inc. We will help you discover options that fit your needs so you can obtain the financing you need. 

Getting the Right Coverage

Policy coverage can range from provider to provider. A good insurance agent can help you decide which policies will provide the coverage you need, as well as help you to avoid gaps in coverage. It is essential to know what each policy covers, as well as the specific terms and conditions. Your insurance agent can explain the fine print for each policy and what it means for you, so there are no surprises. We will work with you to determine your needs.

If you are considering buying a new vehicle, or you want to get better coverage than you currently have in place, call or stop by NCIB Group Inc. and find out what we can do to help you find some security.