Cheap Car Insurance Quotes in Illinois – IL
In Illinois, it is a requirement for all registered vehicles to carry liability insurance. Liability coverage is insurance that covers the costs of damages to other vehicles and persons damaged or injured in a car accident caused by a third party. Liability insurance does not cover damages to property owned by the person who caused the accident; collision insurance covers this type of damage, but collision insurance is not required by law.
Illinois has a minimum amount of insurance that drivers are required to carry. The required amount for liability insurance include:
$20,000 for the death or injury of a single person in a car accident.
$40,000 for the death or injury of multiple people in a car accident.
$15,000 for the damage caused to the property of the victims in a car accident.
Illinois does not require drivers to provide proof of insurance when they register their vehicles. When driver’s sign their registration forms, however, they are entering into an agreement with the State of Illinois that they will insure their vehicles. If they don’t follow through with this agreement, there are consequences to these actions.
If a driver has an accident and they do not have insurance, then the minimum fine is $500. In addition, the vehicle tags will automatically be suspended until the driver pays an additional registration fine of $100.
If the driver has an accident, or he or she is pulled over for a traffic violation while their tags are suspended, then the driver will have to pay a $1000 fine. If the driver receives an additional conviction for driving without insurance, then the fine will be $2500.
In addition, each time that a driver is pulled over for driving without insurance, there will be an extension of the registration suspension of 3 additional months. After the second violation, drivers will be unable to re-register their vehicle until their suspension period ends.
Lastly, the court has the option of revoking the driving privileges for an uninsured driver. This is often the action taken when a driver receives their second conviction.
The average cost of car insurance in Illinois is about $1500 a year. This is approximately $300 less the national average cost for car insurance in the US. It’s important to note that this information is based on the average for drivers in Illinois that carry a wide variety of insurance levels and drivers of varying risk levels. Drivers seeking new insurance coverage will find that their insurance costs could be much lower or much higher than the state average.
The cost of insurance in Illinois will be based on a number of factors that include:
Years with same insurance company
Area driver lives
Where driver will be driving
How far vehicle will be driven
Where driver works
Many insurance companies offer discounts to drivers that can help lower the overall cost of insurance. In addition, comparing insurance quotes will ensure drivers get the lowest premiums for their insurance. Using this website, drivers can get quotes for multiple insurance companies in just a few minutes.