Auto Insurance

Is It Time for Your Yearly Auto Insurance Update?

Posted on by admin

Whether you’ve been driving for decades or you’re a newer driver, it’s always a good idea to ensure you have the right auto insurance policy. One of the best ways to do that is to work with a dedicated agent for a yearly update. If you’re in the Columbia, IL area, Taake Insurance Agency is here to help. We understand how important it is to have proper coverage, and updating your policy regularly makes it easier to have the best coverage for your specific situation.

Changes in Cars or Drivers

Getting a new car means making policy updates, but the same applies to changes in drivers. A teen driver in your household, a new roommate, a spouse, or someone borrowing your car for an extended period may all affect your policy. While changes are typically made at the time of the event, such as buying a new vehicle, a yearly checkup and update is still a good idea. It ensures that nothing is overlooked, giving you peace of mind and confidence in your coverage.

New Driving Habits to Consider

The way you drive and how far you travel can also impact your insurance needs. You may need to make changes to your policy if you’re consistently driving significantly more (or less) than before. Commuting is different from driving for pleasure, and if you use your car for work, you may also need coverage adjustments. Updating your coverage is essential to help reduce risk and ensure you’re properly protected.

Working With an Agent Can Help

Get in touch with us today at Taake Insurance Agency if you’re in the Columbia, IL area and looking for a yearly auto insurance update. Our agents are here for all your coverage needs, and we’re always happy to answer your questions.

The Most Overlooked Auto Insurance Coverages and Why They Matter

Posted on by admin

When it comes to auto insurance, most people focus on the basics—coverages like liability or collision that handle the big-ticket items. However, smaller, often overlooked additions to your policy can make a significant difference when the unexpected happens. At Taake Insurance Agency, serving the greater Columbia, IL region, we believe understanding these lesser-known options is key to staying fully protected.

The Importance of Uninsured Motorist Coverage

Accidents happen. But what if the other driver doesn’t have insurance or enough coverage to cover the damages? Uninsured and underinsured motorist coverage steps in to protect you financially when someone else fails to. Without this, you could be left paying out of pocket for repairs or medical bills through no fault of your own.

The Value of Rental Car Reimbursement

Dealing with a car accident is stressful enough without worrying about how you’ll get around while your vehicle is in the shop. Rental car reimbursement ensures you’ll have a temporary vehicle to keep your life moving while repairs are underway. It’s a small investment that saves you from scrambling during an already difficult time.

Roadside Assistance for Everyday Emergencies

Flat tires, dead batteries, or even locking yourself out of the car—it happens to everyone. Roadside assistance coverage offers immediate help when you’re stranded, giving you peace of mind and saving you time.

Protect Yourself from the Unexpected

Auto insurance isn’t just about meeting minimum requirements—it’s about being prepared for the unexpected. At Taake Insurance Agency, providing auto insurance coverage throughout the greater Columbia, IL region, we’ll help you build a policy that includes the coverage you need most. Reach out today to get started.

Should Newlyweds Combine Auto Insurance?

Posted on by admin

Maybe you read a blog that suggested newlyweds bundle their auto insurance. Perhaps you watched "The Closer" episode, in which Brenda and Fritz tried to bundle their auto policies and found out they should not. Taake Insurance Agency wants to answer the question, "Should you or shouldn’t you?" so you can enjoy married life in Columbia, IL.

When Does Bundling Policies Benefit You?

Combining auto coverage on one policy can reduce costs if both spouses have good driving records. Insuring two or more drivers and vehicles on a single policy typically results in lower premiums. When both spouses have spotless driving records and high credit scores, bundling benefits them.

When Does Bundling Policies Hurt You?

If one or both spouses have lost points on their license or had a DUI, they should not combine policies. In "The Closer," Fritz neglected to mention a DUI he had incurred. His poor driving record caused the bundled premium quote to be higher than what Brenda paid for her own auto policy. So, don’t bundle your insurance if either spouse has lost license points. Credit scores can similarly affect premiums, so the premiums may be higher if one spouse has a low or mid-range score.

Preventing Conflict

Instead of starting your marriage with an argument about the past because your auto insurance quotes reveal it, talk about finances first. Before you get married, sit down with each other and discuss your financial past, present, and your goals for the future. Include your insurance agent after you settle things with one another.

Contact Your Insurance Agent Today

Call or email Taake Insurance Agency today to find out about the best auto insurance options for you. Before you walk down the aisle in Columbia, IL, plan your finances and insurance.

Why You Need Liability Coverage in Your Auto Insurance

Posted on by admin

If you own a vehicle, auto insurance is a necessity. Some components of auto insurance are legally required, while others are optional. Possessing liability insurance is non-negotiable to protect yourself, as mandated by law. Ensuring your liability insurance is adequate to cover the costs of a costly accident is essential. If auto insurance is what you need, reach out to us at Taake Insurance Agency in Columbia, IL.

Bodily Injury Liability

Medical expenses can be exorbitant in the U.S., which makes coverage crucial to avoid shouldering substantial bills from your pocket. It is necessary to include bodily injury liability in your auto policy. This component is responsible for covering medical expenses and related costs incurred by another party in an accident in which you are involved. As the bills for injuries from an accident can run into tens of thousands or more, it is advisable to ensure you are covered as long as you have your vehicle.

Property Damage Liability

When an accident occurs, it’s not just the individuals involved who can incur damage. Personal properties such as vehicles and belongings inside these vehicles can also be affected. Property damage liability is necessary to cover the costs of repairing or replacing a vehicle damaged in an accident. Without this coverage, you’ll be personally liable for all related costs, which can lead to financial distress. It is also beneficial to include collision coverage in your policy to cover any damage to your property resulting from an accident.

Stay Insured, Stay Legal

Having auto insurance isn’t just a legal necessity- it’s a vital means of protecting yourself. Contact us at Taake Insurance Agency in Columbia, IL if you’re seeking auto insurance.

Why do I need to have auto insurance in my state?

Posted on by admin

The Importance of Auto Insurance in Columbia, IL

Becoming a car owner in the Columbia, IL area comes with great benefits, such as the convenience of easier mobility. However, owning a car also necessitates having auto insurance. This requirement serves vital purposes.

Meeting State Law Requirements

One primary reason for needing auto insurance is its requirement by state law. Like most states, Illinois mandates that every car owner maintain a specified liability coverage level. This law ensures you can cover damages in case of an accident. Failure to possess this requisite coverage can result in penalties.

Protecting Your Vehicle

Given the considerable financial investment made in purchasing a car, it is vital to protect it with the right insurance. Investing in comprehensive and collision insurance safeguards your vehicle against a wide range of risks, thereby ensuring investment protection.

Working with Taake Insurance Agency

Procuring auto insurance in the Columbia, IL area is a smart move that provides protection and peace of mind. When looking to secure such coverage, Taake Insurance Agency is an ideal partner. Our team of professionals can offer expert guidance and help you tailor insurance coverage that suits your needs, providing optimal protection for you and your vehicle.

What happens if my Columbia, IL auto insurance maxes out?

Posted on by admin

Illinois requires every vehicle driver to carry a minimum amount of coverage. That coverage is only for the other drivers and passengers and has limits per person and per accident. If you drive in Columbia, IL, Taake Insurance Agency can help you explore your options if you consider getting additional protection.

You Are Responsible For Any Damage You Cause

If you are found to be at fault in an accident, you are responsible for paying for all the property damage and medical bills. You are responsible if the other driver needs to rent a car. If there is a lawsuit, you are the one responsible.

You carry insurance so you will not have to pay for all that yourself. Your insurance will only pay out to the policy limits you have chosen.

What Happens When You Max Out?

After your insurance maxes out, you are still responsible for all of the damages. If you cannot pay, a judge can compensate the victim in other ways. For instance:

  • A judge can order that your wages be garnished until the damages are paid.
  • A lien can be put on your house to force you to pay.
  • The victim may be able to take your other assets, such as if you have money in a bank account.

Call Today To Discuss Your Options

Once you realize how much an accident could cost, you may feel vulnerable when driving. Most people with minimum coverage cannot pay for a serious accident. If you would like to discuss additional coverage or have any questions about Illinois auto insurance, please call Taake Insurance Agency Columbia, IL today.

I just paid off my late model car. Do I still need full auto insurance coverage?

Posted on by admin

As a driver, you’re only required to carry auto liability insurance. However, other situations may require you to carry more than the state-required minimum coverage. At Taake Insurance Agency, our team knows that understanding auto insurance can be confusing. It’s not easy to know what type of coverage you need. We’re here to help our Columbia, IL residents understand and explore their options.

State-Required Auto Insurance Coverage

All states require drivers to carry liability insurance. Liability insurance provides coverage for any accident where you’re deemed at fault. However, it doesn’t cover any personal injuries that you may incur. It also doesn’t cover any damage to your vehicle or personal property. Any insurance agent can help you determine if liability insurance is enough for your personal situation. If you have a car loan, lenders usually require you to carry full coverage auto insurance. 

I just paid off my late-model car. Do I still need full auto insurance coverage?

Most lenders require you to carry full coverage auto insurance if you’re financing your car. Liability coverage isn’t enough. However, many drivers are uncertain about continuing full coverage auto insurance once they’ve paid their car loan in full.

More often than not, if you own a late-model car, you should continue to carry full coverage auto insurance. Especially if you can’t afford to pay for auto accident repairs out of pocket. Generally speaking, many insurance companies recommend continuing to carry full coverage if your car’s value exceeds the cost of your deductible and your full coverage auto insurance policy. Many late-model car owners couldn’t replace their cars without a full coverage auto insurance policy. If you have questions regarding how much auto insurance you need, call us. We can help you explore your options.

How to Determine the Right Level of Auto Coverage

Posted on by admin

Having auto insurance is a requirement in all states. However, there are different types of insurance coverage to select. Getting the right level of coverage for your specific situation is essential to help prevent losses. Anyone interested in securing top quality Auto Insurance can contact Taake Insurance Agency, serving the residents in and around the Columbia, IL area.

Auto Insurance Protection 

State-level required insurance is liability only. However, if you finance or lease your vehicle, you may be required to carry full coverage insurance. Full coverage usually refers to a combination of liability, comprehensive, and collision. However, there are other additions, such as towing, uninsured or underinsured motorists, and hospitalization. Determining the level of coverage necessary to protect yourself is vitally important. 

Our experts are highly trained to help assess your current and future needs. Once an insurance agent gets a clear picture of coverage needs, they can suggest policies that meet them. We take pride in offering exceptional service to help ensure each individual gets the auto insurance protection they need to prevent losses and reduce risks.

It’s important to know what your options are in terms of coverage and which insurance additions adequately provide the best protection. Let our team work with you to help give you peace of mind and security while out on the road or parked at home.

Call Taake Insurance Agency Today

Anyone interested in discovering more about auto insurance coverage in the Columbia, IL area can count on Taake Insurance Agency to provide reliable insurance products. Call or stop by our office today to schedule a consultation with one of our insurance agents. Don’t wait to get the auto insurance coverage you need to feel secure.

Do Teens Need Their Own Insurance Policy?

Posted on by admin

Do you have a teen driver in your household and have questions about whether or not they need their insurance policy or if they can be added to yours? The helpful agents at Taake Insurance Agency are ready to answer this and other questions from the residents of Columbia, IL.

Let us guide you through securing top-quality insurance products for your teen driver today.

Auto Insurance Coverage for Teen Drivers 

When it comes to teen driver coverage, it’s essential to know your options and which is the best for your particular situation. While having a teen driver on your insurance policy is possible, it may or may not be wise to provide them with separate coverage. This determination depends on age and various other factors.

Our insurance agents at Taake Insurance Agency are ready to help you decide which options are the best for your particular situation. Everyone is different. We work individually with each customer to assess their current auto insurance and determine if they need to make any changes or additions. 

It’s all a part of our commitment to exceptional service to ensure each individual receives the specialized attention they need to get the best protection for peace of mind. Don’t guess when it comes to teen driver coverage. Get the insight and tools available through our insurance agents to make an intelligent and well-informed decision to protect your teen driver.

Reach Out Today 

Residents in the Columbia, IL area with teen drivers in their household should seek out the services of Taake Insurance Agency to help provide great policies. We encourage you to call or stop by our offices today to schedule a consultation with one of our agents.

5 Mistakes You’re Making With Your Auto Insurance

Posted on by admin

Everyone makes mistakes. It’s only human. But when it comes to your auto insurance, making a mistake can be costly – both in terms of money and time. So, read on to find out the five most common mistakes people make with their auto insurance and how you can avoid them. Trust us; you’ll be glad you did.

1. Not Understanding Your Policy

The first and arguably most serious mistake you can make with auto insurance is not understanding your policy. Not knowing what your policy covers – or doesn’t cover – can be a costly mistake, mainly if you’re involved in an accident.

2. Getting the Wrong Coverage

Another mistake people make is getting the wrong coverage. This can be just as costly as not understanding your policy in the first place. Make sure you know what coverage you need and get them – don’t skimp on your coverage to save a few dollars.

3. Buying the Bare Minimum

Another common mistake is buying the bare minimum coverage required by your state. This may save you money in the short term, but you could pay a lot more out of pocket if you’re involved in an accident. So, it’s always best to err on the side of caution and work with your agent to get the right coverage for you.

4. Not Reviewing Your Policy Regularly

Auto insurance policies are not static. They change over time. That’s why it’s essential to review your policy regularly, at least once a year. This way, you can be sure you have the coverage you need and that your rates are still competitive.

5. Not Shopping Around

Just because you’ve been with the same company for years doesn’t mean you’re getting the best possible rate. It’s always a good idea to shop around and compare rates every few years.

Avoid these five common mistakes if you’re looking for the best possible auto insurance coverage. And for all your auto insurance needs, contact Taake Insurance Agency in Columbia, IL, today. We’ll be happy to help you find the perfect policy for your needs.