Chicago Insurance Services. An auto insurance policy is comprised of six different kinds of coverage. Most states require you to buy some, but not all, of these coverages. If you’re financing a car, your lender may also have requirements. Most auto policies are for six months or a year. Your insurance company should notify you by mail when it’s time to renew the policy and to pay your premium. NCIB Chicago Insurance has provided quality insurance services in Chicago and the suburbs of Illinois for over 16 years. We offer our clients insurance policies tailored to their individual needs. We provide a wide range of services to protect you and your family witch include auto, home, business, life, health and much more. Why do you need Chicago auto insurance? It’s really all about protecting yourself financially. * If you’re in an accident or your car is stolen, it costs money, often a lot of money, to fix or replace it. * If you or any passengers are injured in an accident, medical costs can be extremely expensive. * If you or your car is responsible for damage or injury to others, you may be sued for much more than you’re worth. * Not only is having insurance a prudent financial decision, many states require you to have at least some coverage. What is Chicago car insurance? Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. Auto insurance provides property, liability and medical coverage: * Property coverage pays for damage to or theft of your car. * Liability coverage pays for your legal responsibility to others for bodily injury or property damage. * Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.