 The state of Illinois requires that all automobiles
registered be covered by a minimum amount of liability coverage;
however, you may choose to obtain quotes on all different types of
coverage available which may not only cover damage to others, but also
your and your passenger injuries, as well as your vehicle's damage.
IllinoisAutoInsurance.com allows you to compare quotes from agents near
you or from online companies with no obligations and at no cost to you.
The Illinois auto insurance laws require the following minimum amounts of liability coverage
that you must maintain:
* $20,000 for bodily injury for one person
* $40,000 for bodily injury for more than one person
* $15,000 per accident for property damage
Automobile liability amounts can be confusing. Many times you will see
these numbers as 20/40/15, what does that really mean?
The first number (20) is what the insurance company will pay out for
each person that is injured in an accident if you are held legally at
fault for the accident. The second number (40) is what the total injury
payout by your insurance company per accident. The third number (15) is
what the insurance company will pay out per accident for any property
damage. It is important to remember that the first and second numbers
are tied together. If, for example, you were in an accident and were at
fault for that accident and the accident involved 5 people and 4 were
seriously injured incurring serious medical costs, a claims battle may
happen between you and the other parties. If the medical bills are over
$40,000, you as the at fault driver can be sued for the remainder of the
costs in court.
It is important to remember that the minimums listed above are just
minimums. Consider purchasing protection for yourself; Additionally;
your financial lending association may require you to carry different
amounts of insurance including collision and and comprehensive coverage.
Collision is coverage that will cover you when your auto has any type of
damage or collision. This includes other objects besides autos, as an
example a tree falling on your car. Comprehensive coverage covers the
loss of the vehicle or its contents. It will pay for theft loss,
vandalism, and natural disasters. The cost may be worth it to be covered
if your car is parked in places that it may be susceptible to theft or
vandalism. If you have security devices on your car, the cost of this
insurance is drastically reduced.
Uninsured and under-insured motorist bodily injury covers you if you
were to be involved in an accident with a driver without coverage or a
driver that does not have adequate protection (such as a driver from
another state not requiring the same limits). It is important to discuss
these additional options with your agent to ensure that you are covered
at the limits that will best protect you and your property.
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