Auto Insurance Quotes in Illinois
Illinois Auto Insurance: Facts and Means
State of Illinois has a relatively competitive auto insurance market with 742 dollar average paid for every vehicle by insurance consumers every year with 7.5 million insured vehicle yearly.
According to the Auto Insurance Pricing Report of 2004 Illinois consumers pays an annual average of 2,093 dollars for auto insurance premiums compared to the previous year with 4% decrease. While the annual national average has 2,343 dollars paid by consumers for automobile insurance annually which has an increase of 6% from the average premium from last year.
There are many ways on saving money on auto insurance especially in the state of Illinois. Shop around and compare rates from multiple insurance companies because premium rates can be vary from one insurance providers to another with an exact coverage.
Get Illinois car insurance quotes and low cost auto insurance rates from various and leading auto insurance providers.
Illinois Car Insurance Laws
Illinois Auto Insurance state laws requires 20/40/15 minimum liability insurance coverage which also means: 20,000 dollars per person with maximum of 40,000 dollars per accident and 15,000 dollars for property damage liability and an Uninsured Motorist Coverage of at least 40,000 dollars per accident with 20,000 dollar limit per person injured or kileed in an accident.
Higher policy limit is recommended as the state minimum requirements may not fully protect you from the lawsuit because if you are the at-fault in a certain accident and the damages you have done exceed beyond your policy limit, you may be sued for those amount not covered by your insurance.
Illinois Services for Motorists
Illinois Services for Motorists online services provides efficient details for motorists’ services. Illinois residents can instantly access information for vehicle registration renewals, for driver’s license / identification card renewals, to change address and others. Website also provides Illinois DMV list of locations and hours, information on title and registration procedure, personalized license plate application, auto emission, mandatory auto insurance minimum levels and others. Notable and efficient section for new drivers, safety teen driving and laws, required child safety seats as well as downloadable forms, applications and driver’s manuals.
213 State Capitol
Springfield, IL 62706
Toll Free: 800-252-8980
www.sos.state.il.us/services/services_motorists.html
Illinois Department of Insurance
Illinois Department of Insurance is responsible for regulating insurance industry operated in the state of Illinois. The department also monitors the insurance entities’ long term financial maturing obligation to protect consumers in any insurance transactions. Online services provides insurance efficient resources preferably for Illinois residents such as tips for consumers, fact sheets and notable insurance sections for auto, health, homeowners and life. Helpful information regarding vehicle cancellation issues, teen drivers’ insurance, filing a claim with your current insurer and shopping guide for car insurance. Relative information on filing of insurance complaints, travel insurance general information, college students’ insurance, tips on selecting ideal insurance providers and others. Website also provides information on licensing, exam preparation, schedules of fees, insurance laws and rules as well as forms and applications for insurance agents and producers.
100 W. Randolph St., Suite 5-570
James R. Thompson Center
Chicago, IL 60601-3251
Phone: 312-814-2427
www.ins.state.il.us
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