Illinois Auto Insurance

Auto insurance is in place to help protect drivers in the event of an auto accident. Insuring your vehicle with an agency can help cover the costs of bodily injuries and vehicle repairs after an accident. Many states mandate that minimum amounts of auto insurance be carried on their vehicles at all times, including Illinois.

Illinois state law requires a minimum of 20/40/15 coverage be maintained at all times on any registered vehicle in the state. These numbers refer to the amounts the auto insurance company will pay if you are involved in an accident. Up to $20,000 can be paid for Bodily injury for one person injured in an accident with the state minimum insurance. $40,000 is the most the insurance will pay for two or more injured people involved in an accident. $15,000 is the maximum for all property damage as a result of the accident. These amounts can be increased if you wish, and it is recommended all drivers carry atleast $100,000 in Bodily injury protection.

Proof of insurance must be carried in the vehicle at all times. Proof includes a insurance identification card issued by the insurance company, or a letter stating your policy is in effect. Failure to comply with the mandatory auto insurance requirements in Illinois comes with stiff penalties. A fine of $500 to $1,000 may be imposed,  as well as the suspension of your driving privileges for a specified amount of time.

Collision insurance is highly recommended, though not required by Illinois law. Collission coverage can help for repairs to your own personal vehicle after an accident. Collision can be added to the state required policies for just dollars more, and can be your best friend in an auto accident. Without this coverage you may be stuck with thousands of dollars in repairs to your vehicle. If your car is leased, the finance company may require that you carry collision coverage.

Uninsured motorist coverage as well as comprehensive coverage are also both recommended. Uninsured motorist protection covers you in the event of an accident with a motorist without insurance or who does not have enough to cover the entire cost of the accident. Comprehensive coverage covers costs of damages tro the vehicle that are the result of “Acts of God”. Such acts could include theft, fire, flood, tornadoes, vandalism, etc.,though coverage can vary from company to company.