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The Illinois auto insurance laws require the following minimum coverage:

Liability:

• $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

Uninsured Motorist:

• $20,000 of Bodily Injury (UMBI) Per Person
• $40,000 of Bodily Injury as a Total Per Accident

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.

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.

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.