How Much Car Insurance Do I Need

IL Auto Insurance Requirements

Drivers from Chicago to Peoria and every city and town in between must carry auto insurance to comply with state laws. Liability auto insurance is required by the state of Illinois. Any registered vehicle must carry the minimum amounts of liability insurance set forth by the state. It is a crime to drive an automobile in the state without the minimal amounts of insurance coverage in place.


Minimum Auto Insurance Requirements

Illinois drivers must purchase a liability insurance policy that includes:


  • Bodily Injury coverage: $20,000 for one person injured in the accident, with a total of – $40,000 for all injuries
  • Property Damage coverage: $15,000
  • Uninsured Motorists coverage: $20,000 per person, $40,000 per accident


Proof of insurance must be kept inside of your vehicle at all times and provided to law enforcement upon request after an accident or traffic stop. It is a crime to drive the vehicle without proof of coverage.


Optional Auto Insurance

It is not mandatory to carry the following types of insurance but might be beneficial to add them to your policy. In some cases, drivers are required to carry the optional coverage, though it is the dealership from which you buy the car that requires the coverage, not the state. If you buy a new car, plan to carry the optional auto insurance in addition to the state-required policy.

Collision and comprehensive coverage are the two most popular optional insurance coverage types. The two policies are oftentimes offered together and both required by most dealerships when buying a new car. As the name suggests, collision coverage provides financial protection for your vehicle when you’ve been involved in an accident. Comprehensive coverage covers the costs of damage covered by non-collision factors. Uninsured motorist coverage protects drivers if they’re involved in an accident with a driver who is uninsured or whose policy doesn’t fully cover the damages.


Cost of Necessary Insurance Coverage in Illinois

Costs of auto insurance vary from one driver to another, as numerous factors impact the costs. This includes the age of the driver, type of vehicle being insured, driving history, credit score, marital status, educational background, and more. It is important to compare costs of coverage with several insurance agencies before choosing a policy. It is free to request estimates so that you can compare rates and get the best price for the coverage that you need, whether that is state-required coverage or optional coverage, too.


Don’t Get Sued in Court

If you are the cause of an accident and do not have the minimum state-required insurance in place, the other driver may sue you for damages in a court of law. This can financially devastate you, since most people are without the thousands of dollars to cover the costs of an accident. Additionally, driving without auto insurance coverage may lead to suspension of your vehicle registration, driving privileges, and create fines that you’re responsible to pay. It is best to maintain insurance coverage at all times to avoid these hassles.