Illinois Auto Insurance Quotes

If you have been searching for some of the best prices with regard to auto insurance in Illinois, then you have come to the right site. Apart from the best prices and the best quotes you will also find all the comprehensive information regarding the state requirements in Illinois and their liability coverage, the difference between mandatory coverage and optional coverage etc. In order to be able to drive around legally, you will have to follow the mandatory rules that govern each state. Here you can find out the coverage you need in Illinois.

Illinois Liability Insurance Minimums

Like most states, Illinois requires that all motorists maintain liability coverage on each vehicle that is registered in the state.  The required coverage is for bodily injuries sustained in an accident as well as property damage sustained in an accident.  The minimum coverage amount for bodily injuries for one person for one accident is $20,000.  Liability coverage for all bodily injuries sustained in an accident must be a minimum of $40,000.  Property damage liability coverage must meet a $15,000 minimum.  In addition to liability insurance, Illinois residents must maintain uninsured motorist coverage on each vehicle registered in the state.  Should someone get in an accident with a driver who does not have the proper liability insurance, the uninsured motorist coverage will help to ensure that your expenses are covered.

Illinois Tort System of Responsibility

In some states, insurance carriers must pay for expenses regardless of who was at fault in an accident.  This is known as the no-fault system, and it is used in twelve states as well as Puerto Rico.  In Illinois, the tort system is used for determining who is responsible for paying accident expenses.  The driver who is at fault for the accident must pay the expenses of the other driver and the other driver's passengers.  The other driver is also allowed to sue the driver at fault in civil court in order to recoup money for lost work time or pain and suffering due to injuries sustained in the accident. 

Maintaining Compliance with Insurance Laws

Your compliance with Illinois' financial responsibility laws can be checked in two ways.  The Secretary of State's Office may do a random computer check and you may be required to provide proof of insurance.  If you are pulled over for a traffic violation, law enforcement officials will ask for proof of insurance along with your driver's license and vehicle registration.  If you are not properly insured, there are several consequences.  The minimum fine for driving without insurance in Illinois is $500.  Your vehicle registration will be suspended until a reinstatement fee has been paid and you can show proof of insurance on your vehicle.  If you repeatedly drive without insurance, your vehicle registration will be suspended for four months.  If you drive a vehicle with a suspended registration, the fine is $1,000.  The reinstatement fee is $100.  If you are convicted of three or more violations, you must file an SR-22 (financial responsibility insurance) for a period of three years.  If you do not do this, your driver's license will be suspended.

Factors That Affect Auto Insurance Rates

Insurance companies taken into consideration, a number of factors while setting the auto insurance premiums. Hence, it is important to check out some of these factors in order to have a better understanding of how the rates are determined.

The age of the driver is of utmost importance. Drivers who are below 25 years of age generally pay the highest rates due to the fact that they are considered to be risky. Statistics have shown that drivers in this age group cause a number of accidents, and hence the premiums are high. However, a person who is over 50 years of age, but below 65 will be able to avail discounts. Even older woman end up paying much more. Since, insurance companies see married people as being far more responsible, they tend to get a good deal when compared to those who are single.

Although the premium rates are very high for students, those who have excellent grades in college can avail a discount. Customers who have had a long-standing relationship with the insurance company will be entitled to get a discounted premium. If you insure more than one vehicle, you can multi-vehicle discounts as well. Combining policies such home, health, auto insurance and insuring with the same insurer can get you discounts easily.

Some tips on saving on auto insurance in Illinois

The auto insurance in Illinois is very close to the national average and hence it is a good thing. But motorists want to pay much less and the good news is that there are ways and means to achieve that by simply being more knowledgeable about the discounts that you can avail as well as the effective means to use to negotiate with the insurance providers. You can follow these few tips to lower your auto insurance premiums without having to compromise on the coverage.

Shopping online is the most important aspect of getting auto insurance at affordable rates. Most people assume that insurance companies all over charge the same rates. But that is not true as the rates that are applicable vary to a large extent from one state to another and from one insurance provider to another. Hence, when you shop around you will be able to notice the difference in premiums. There are dozens of companies in Illinois and you can choose the right coverage at the right price. Since there are so many tools that are available online, it makes sense to use them to your advantage. These websites will offer the comparison in rates, but you can also obtain these rates from your insurance agents at no extra cost. This will amount to plenty of savings in the long run.

When you decide on purchasing a new car ensure that you shop wisely and find a model and make that is cheaper to insure. Sports cars and other high-end cars have very high auto insurance premiums when compared to a sedan. Install safety features in your vehicle as this will also help in getting you further discounts.

Good customers always get rewarded by insurance companies. Hence try to remain a good customer and prove that by purchasing insurance from the same company for all various types of insurance coverage. You can easily avail a multiple car discount if you insure more than one car with the same insurance carrier.