Doesn’t it feel great knowing that you are protected from all types of liabilities that may come from car accidents? You get peace of mind when an insurance policy pays for theft or damage to your car and medical expenses. Most car owners can agree that shopping for car insurance in Illinois is quite a daunting task. That’s because insurance companies employ different techniques when determining their rates.
We’re here to help you get the best deals. Here’s an easy-to-use guide on your hunt for the best car insurance policy in Illinois.
Illinois State Minimum Insurance Requirements
Auto insurance policy costs in Illinois vary based on the coverage and your insurance company. You must carry a minimum of three no-fault insurance coverage amounts.
They include $25,000 for bodily injury liability per head with $50,000 per accident, and $20,000 for property damage liability costs per accident. The third amount totals $25,000 for bodily injury per uninsured motorist with $50,000 per accident.
You should also file an SR22 to show that you meet Illinois state minimum car liability insurance requirements if you’re a high-risk driver.
Factors That Count When Paying for Car Insurance in Illinois
Shopping for car insurance in Illinois? Consider the factors below:
1. Marital Status
Married drivers pay about 9 percent less on Illinois car insurance policies when compared with their single counterparts. A multicar discount will allow you to save more if you are married.
New drivers pay relatively more than experienced and older drivers. Teen drivers pay a full coverage fee of about $5,796 per year and minimum coverage of $2,437 on average.
3. Credit Tier
Auto insurers in Illinois charge higher policy rates for drivers with poor credit scores. That’s because such drivers file claims often.
4. Driving Violations or Accidents
You will pay close to 40 percent more on Illinois car insurance premiums after being involved in an accident. Driving violations such as DUI and reckless driving also attract high premium costs.
5. Area of Residence
Your auto insurer will charge you more if you live in Calumet City, Cicero, or Chicago. That’s because these areas record rampant cases of accidents and claims. Other cities with the highest annual average prices include Skokie, Park Ridge, Oak Park, Oak Lawn, Glenview, Des Plaines, and Berwyn.
You will pay low premiums if you reside in low accident-prone areas such as Quincy, Champaign, or Urbana. These rates also apply to Illinois cities such as Rock Island, Normal, Moline, DeKalb, Decatur, Crystal Lake, and Bloomington.
Getting the Best Car insurance in Illinois
Always evaluate your needs and consider Illinois state minimum coverage limits when shopping for auto insurance. Sign up for higher liability limits for adequate protection if you live in an area with high car accident rates.
You should also be on the lookout for car insurance discounts in Illinois. Telematics discounts, student discounts, and multi-policy discounts help lower your car insurance premium. Other discounts to consider include mileage discounts and safety features discounts.
Compare Best Illinois Car Insurance Rates
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