Illinois Minimum Car Insurance Requirements
To legally drive a car on the road, everyone is required to have car insurance. Each state has its own insurance laws, which set the minimum amount of car insurance a person is required to carry. When you purchase a new or used car, it is important to have it covered by insurance before you drive it. Getting caught without insurance can lead to your driver’s license being suspended and may even result in a hefty fine. If you are in an accident and do not have the minimum insurance coverage for your state, you could find yourself being sued by the other driver for injuries and damages.
Mandatory Coverage in Illinois
Knowing the minimum insurance requirements for your state and ensuring that you are covered now can help to prevent much grief later on. Under Illinois law, the minimum coverage should include the following:
- Bodily Injury Liability: Coverage that pays for injury costs to the other party if you are found to be at fault for an accident. Minimum coverage: $20,000 per person and up to $40,000 for an accident.
- Property Damage Liability: Coverage that pays for the repair costs of a damaged vehicle if you are found to be at fault for an accident. Minimum coverage: $15,000
- Uninsured Motorist Bodily Injury: Coverage that pays for your injuries or your passengers’ injuries in case you are hit by an uninsured motorist. Minimum coverage: $20,000 per person and up to $40,000 for an accident.
These are the minimum insurance requirements in the state of Illinois, but you may elect for more extensive coverage if you wish. Other coverage options include comprehensive coverage for non-collision damage, collision coverage to pay for damage to your vehicle in an accident, and more. It may be in your best interest to combine a number of insurance options to ensure that your injuries and damages are covered under any accident scenario.
For more information on minimum insurance requirements and coverage options that are available to you, please contact the friendly Chicago auto insurance experts of Insure on the Spot today at 773-202-5060.