If you’re a new driver, looking to switch insurers or just looking to compare rates, the Illinois Car Insurance Calculator can assist in finding the most affordable coverage. It utilizes data from WalletHub to create 40 unique driver profiles and identify the cheapest Illinois auto insurance companies across various categories of drivers.
Minimum Coverage Requirements in States for Liability and Uninsured/Drivers
Every state has certain minimum coverage requirements that must be met in order to legally operate in that area.
In Illinois, drivers must carry liability insurance in the amount of $25,000 per person and $50,000 per accident for bodily injury and property damage claims. They also need to carry $20,000 in uninsured motorist coverage. Without this minimum coverage, your insurer is likely to deny a claim following an accident.
Credit Scores Impact Rates
Poor credit can cause your car insurance rates to go up, especially if there are multiple accidents or tickets on your driving record. Maintaining a good credit score not only helps secure cheaper rates but it’s important to avoid making any missed or late payments as well.
Moving Violations & Speeding Tickets Raise Your Rates
Illinois drivers with moving violations on their records can expect to experience a substantial spike in their monthly premiums. Depending on the severity of the violation, your rates could go up by hundreds or even thousands of dollars.
If you have a conviction for DUI on your record, expect your rates to skyrocket. In fact, many of Illinois’ top car insurance companies charge higher premiums to those with DUI convictions than they do for drivers without such charges.
Drivers can save money on their premiums by taking defensive driving courses, attending driver education classes and using safe driving tools. Drivers also earn discounts if they maintain a clean driving record or have a low accident rate.
Finding Illinois car insurance quotes has never been simpler with our free service. All you have to do is provide your information, and we’ll present you with quotes from top companies in no time.
Age Matters when Shopping for Insurance in Illinois
In general, young drivers and seniors pay more for coverage than other motorists due to the increased risk of an accident and higher repair costs associated with older cars. With that said, young drivers and seniors may find cheaper coverage options elsewhere.
Avoiding high car insurance costs in Illinois by shopping around is the best strategy. Chances are you’ll be able to find reasonable coverage if you’re at least 35 years old, have a clean driving record and excellent credit score.
Insurance Companies Consider More Than Your Driving History
As you assess your Illinois car insurance options, keep an eye out for any discounts that might apply. These could include anti-theft devices and collision coverage.
If you’ve ever been involved in an accident, you know how costly it can be to repair or replace a car. That’s why insurance companies often base their rates on factors like your age, the car model and driving history.