Illinois Car Insurance – Auto Insurance Quotes in IL
It is a known fact that competition drives down prices, and this is also true when it comes to auto insurance in the state of Illinois. Some people become incredibly confused when searching for a car insurance quote because they don’t know what sort of coverage is adequate or normal for Illinois car insurance.
Luckily, at MyCarInsuranceRates.com we believe that consumers should never shop blind. Not only can we help you to find cheaper auto insurance quotes online, we provide information on various mandated Illinois car insurance requirements, liability limits, laws and regulations.
Illinois Car Insurance Requirements
In the state of Illinois, the Tort system is used in the event of an accident. This ensures that one driver will always be found at fault, so that their car insurance company can pay for any damages caused during the accident. With this in mind, it is also illegal to not have auto insurance in Illinois. Driving without car insurance can result in a fine ranging from $500 to $1,000. Additionally, as of July 1, 2007, there is also an automatic three month suspension of your driver’s license for driving without insurance.
To prevent this, MyCarInsuranceRates.com is here to help you build a cheap auto insurance package that meets Illinois state car insurance requirements. Here, you will have a choice to either get the cheapest bare minimum or opt for fully comprehensive.
Understanding Illinois Car Insurance Liabilities & Coverage
Illinois state insurance laws require at least 20/40/15 coverage. This means that there is a minimum bodily injury liability limit, including medical expense coverage, of $20,000 per injured person and a total of $40,000 per accident. At least $15,000 is required for any property damage, including public and private property repairs and claims.
Illinois Insurance Coverage:
- Bodily Injury Liability: $20,000/$40,000 Limit
- Property Damage Liability: $15,000 Limit
It is very important to have proof of insurance with at least these minimum liability coverage amounts. You should also consider an uninsured/underinsured policy option to reduce expenses in an accident with an uninsured driver. With MyCarInsuranceRates.com, you can find the best rates in Illinois by choosing from multiple top auto insurance companies offering free car insurance quotes.
Illinois Car Insurance Laws and Regulations
Drivers in the state of Illinois must carry around proof of insurance at all times. Failure to do so could result in a minimum fine of $500. In addition, uninsured motorists involved in an accident are required to file proof of insurance (financial responsibility) with an SR-22 form for 1 to 3 years. If any fines are not paid after 30 days, the courts may decide to suspend your driver’s license and registration. If you are involved in an accident with an uninsured motorist, you need to file for a judgment against him in order to get restitution. Anyone who shows false proof of insurance at the scene of an accident should be reported to the Illinois Secretary of State office immediately.
Average Illinois Car Insurance Rates
The average rates in Illinois for automobile insurance in 2010 were $107.17/month or $1,286 per year. This average premium is lower than the national average of $128.17/month or $1,538 per year. However, because auto insurance rates in Illinois are decreasing, now is the time to shop for auto insurance. Enter your zip code today and find out how much money you could be saving. It is then possible to build an insurance plan that is exactly the coverage you want, and get multiple car insurance rate quotes immediately. This will help to ensure that you can get the best car insurance policy and rate possible, both for yourself and for your family.
Illinois Car Insurance Quotes
With Illinois auto insurance rates 16% lower in 2010 than 2009, now is the time to shop around for the best rates. MyCarInsuranceRates.com simplifies auto insurance shopping by bringing the top car insurance companies, such as Nationwide, Allstate, GEICO, Progressive, 21st Century Insurance, Liberty Mutual, State Farm, Farmers Insurance, AAA and AARP, to the consumer and encouraging them to compete for your business.
Additionally, MyCarInsuranceRates.com makes sure that only the most reputable and honest companies provide consumers with affordable car insurance. Even if you have insurance, you might be able to save hundreds of dollars per year – it really never hurts to check and see if you really are getting the cheapest rates for your coverage. Start a car insurance quote now and find cheap Illinois car insurance.
