Auto Insurance in Illinois (IL) | Insurance Calculator

illinois state minimum auto insurance

Auto Insurance in Illinois (IL)

If You Are Paying More Than $1,107.29 on Auto Insurance in Illinois, You Are Paying Too Much.

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Auto Insurance Industry in Illinois

• An average consumer pays $1,331.00 on auto insurance
• 224 of every 100,000 vehicles are reported stolen every year
• Accident fatality rate of 0.86%
• Of all accidents: 53% are road-way accidents, 26% are intersection accidents, and 13% of all accidents involve at least 1 truck.

Illinois prides itself on being a centrally located representation of American culture. The state is a microcosm of big cities, small towns, farmlands and industrial strength. Residents can appreciate life in Illinois and being in compliance with state laws that help to maintain a collective sense of order. For instance, all drivers must maintain auto liability insurance while driving on long country roads and big city streets.

Illinois's Minimum Requirements on Auto Insurance

In addition to maintaining a valid driver’s license and vehicle registration, Illinois residents must carry auto liability insurance. The state has minimum requirements for purchasing this coverage from insurance providers authorized to do business in Illinois. Driving comes with risks and residents must prove they are financially responsible for the privilege of driving on Illinois roads.

The only way drivers can demonstrate financial responsibility in Illinois is with auto liability insurance to meet this obligation, the state requires the following minimum coverage on every registered vehicle:

• $20,000 for injury/death to one person, per accident
• $40,000 for injury/death to more than one person, per accident
• $15,000 for property damage per accident

It is recommended by most insurance experts that you purchase additional coverage. A vehicle accident can be financially destructive to most drivers who do not have adequate insurance. For instance, you could cause damage to a vehicle that exceeds the $15,000 state minimum. By law, you are responsible for the difference in damages. Your finances may suffer without the personal finances to cover repairs.

You must show proof of financial responsibility by carrying the insurance card issued by your provider. This card is required if you are stopped by a police officer for a traffic violation or after an accident.

Additionally, the Illinois Secretary of State randomly checks the auto liability insurance status of drivers. You may receive a letter asking that you verify your insurance status. If this occurs, you will have 30 days to respond to the verification request.

As with other states, there are penalties for not complying with the requirements to maintain financial responsibility. The license plates issued for your vehicle will be suspended for failing to show proof. You will not be able to legally drive the vehicle with suspended plates.

Before the license plates are reinstated, you must show proof liability insurance and pay a $100 reinstatement fee. You could face a four month suspension if there are past occurrences of driving without insurance.

Citations for not having adequate auto insurance during either a traffic stop or at an accident scene could cost you $500 in immediate fines.

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illinois state minimum auto insurance