Illinois Auto Insurance
Like each state in the US, Illinois has the responsibility of instituting and mandating Illinois auto insurance laws. These laws are to protect the drivers, passengers and property in the state of IL. This is important because Illinois auto insurance not only protects those involved in an accident, it also protects the insured from financial devastation. Below are some essential facts to understand before you start comparing car insurance rates and choose the policy that is best for you.
Illinois Auto Insurance Plans
Although you have minimum requirements when it comes to obtaining Illinois auto insurance, you also have options over and above the bare minimum requirements. The following are basic coverage from which to build:
1.$20,000 of (BIL) – Bodily Injury Liability- for each person in an accident;
$40,000 per accident
2.$15,000 of (PDL) – Property Damage Liability – for damage to another person’s property
In Illinois if (UIM) Uninsured Motorists’ protection is elected, it must be equal to the amount of bodily injury limits. In the state of Illinois that amount would be $20,000 of (UIM) Uninsured or Underinsured Motorist Coverage for bodily injury for each person per accident and $40,000 per accident.
In addition to the bare minimums it is recommended that you obtain collision and comprehensive coverage to protect you in the event of collision, acts of nature, and vandalism to your vehicle. If your vehicle is financed, the lender will probably require it.
Savings On Illinois Auto Insurance Premiums
Anyone with a vehicle may be interested in saving their Illinois auto insurance premiums. It is important to know some general prerequisites for saving on this necessary expense. You can save by:
- Maintaining good credit or improving your credit score
- Deciding on an economical vehicle versus a luxury vehicle
- Choosing higher deductibles as opposed to the minimum
- Having a good driving record or taking classes to improve points
- Combining your auto and home insurance
- Omitting unnecessary options
The insurance company you choose is going to make a difference in your premium as well.
Illinois Auto Insurance For High Risk Drivers
If a driver has exhausted his or her options in obtaining Illinois auto insurance for high risk drivers, they can obtain SR22. This is liability protection for those who can not qualify for private insurance in the state. SR22 carries the minimum coverage of the amount equal to the BIL limitations in Illinois. This is $20,000 for each person in an accident and $40,000 per accident.
Illinois Auto Insurance For Teens
Here is one cost saving options for parents with teen drivers. Instead of shopping for separate Illinois auto insurance for your teens, you can include them on your own policy. This is usually referred to as an umbrella policy. Teens in Illinois have restrictions as well as other states, and they are very similar. They have to have their learners permit at least 9 months before obtaining their license to drive alone. Having good grades may help your teen qualify for discounts with some insurers.
The Process Of Making An Illinois Auto Insurance Claim
The process of making an Illinois auto insurance claim starts at the scene of the accident. It is important to obtain as much information as possible at the scene including witnesses contact information. The process of your claim will depend on the extent of your accident. If injuries were incurred your claims process will take longer. You may have to meet with a claims adjuster and hire an attorney to make sure the process goes smoothly. You also want to get the monetary damages you are entitled to.
Who Gets The Illinois Auto Insurance Check At Settlement
The answer to who gets the Illinois auto insurance check at settlement depends on the nature of the accident and mainly who was at fault. If the other driver was at fault and you sustained injuries more than likely you will receive a check made out to you. If the vehicle is financed, the lender may receive the check. In this case further steps have to be taken. If you were at fault in the accident your check may come in your name and the name of the body shop or repair shop.
Illinois Auto Insurance Rates
It is important to do your homework when shopping for Illinois auto insurance rates. The best place to shop for rates is often on the Internet for reasons of ease and speed. You can also shop by phone, but you should expect to spend a lot more time. For help in getting Illinois auto insurance rates online, click on the quote tool at the top of this page.