Vehicle ownership is quite common in the Chicago, IL area. While there is a robust public transit system here, owning a car provides great convenience, allowing you to get around more efficiently. When shopping for a new car here, you also need to consider getting the right insurance. Various consequences could occur if you do not have a comprehensive auto insurance plan.

Potential Loss of Asset

One of the risks of not having an auto insurance plan is the potential loss of your assets. As a car owner, you’re likely aware that buying and maintaining a car can be costly. If you’re not insured, you won’t have any support if your vehicle is damaged in an accident or stolen. This could lead to a significant financial loss.

Violations of Law and Penalization

Not having an auto insurance plan can also result in penalization and violations of the law. When you’re a car owner in Illinois, you’re required to have some level of liability insurance. If you fail to carry this insurance, you can face significant penalties, including fines and even loss of driving rights. By staying insured, you can avoid these repercussions.

Ensuring that you’re properly insured is important when you’re in the Chicago, IL, area. If you’re evaluating your insurance needs and options, call the team at Arial Insurance Group. Our professionals can help you assess your needs and build the necessary policy to protect your vehicle.