Live In Illinois? Find Cheap Auto Insurance Quotes
Let us talk about Illinois auto insurance, including the mandatory and valuable optional coverage types. Finding cheap auto insurance quotes in this state is going to be somewhat difficult if you do not have a great driving record.
Illinois 
is a Tort state, which requires that each motorist carries liability in the amounts of 20/40/15. These amounts (in thousands of dollars) cover the at-fault party for: 1. injuries they cause to one person in one accident, 2. injuries they cause to all people in one accident, 3. damages they cause to all properties/vehicles in one accident. The at-fault party’s personal injuries and damages to their vehicle are not covered by this coverage. The state of Illinois also requires that each motorist carries uninsured motorist coverage, which pays the motorist for injuries/damages they suffer from an unknown or uninsured motorist.
The majority of people with leased and financed vehicles are also required to purchase collision and comprehensive coverage (by their auto leasing or financing institution). Collision and comprehensive are excellent for more expensive cars, but can be a waste of money for older and less expensive cars – it may cost more for the policyholder to pay for these coverage types month after month compared to what the cost of repairing their vehicle would be. People with very old and less expensive vehicles can find these two coverage types completely useless.
There are quite a few other beneficial coverage types in Illinois. Many people purchase some type of additional cheap auto insurance coverage, even if it’s not required in IL. People purchase additional coverage for their own protection, not for the reason of complying with the laws of the state. The commonly purchased additional coverage types include: PIP or medical payments, roadside assistance, rental car, and GAP. Following we will discuss each of them in more detail.
PIP or medical payments are quite similar, but with some differences. PIP can cover both, medical payments plus lost wages to the policyholder or their family in case of the policyholder’s death. Medical payments cover just that – medical payments. It makes sense to purchase one of these in any state, as injuries to the policyholder or their family may require a lot of money for medical bills. PIP and medical payments cover the policyholder and their family regardless of fault in automobile accidents.
Roadside assistance is also very useful, as it will take care of the driver’s vehicle, should it become inoperable. All the policyholder needs to do is call their insurer or a specialized repair shop, and they will obtain assistance with their vehicle on the road.
Rental car options can be essential for people with just one car in their household. If their vehicle becomes inoperable after a vehicle accident, this coverage will allow them to rent a car of a certain value for a certain length of time, to replace their own vehicle.
GAP is important for people with new cars, as it covers the difference between the policyholder’s loan balance and the actual cash value of their vehicle. This difference can be quite large with newer vehicles.
Knowing the meaning of the mandatory and optional coverage types in Illinois, you should be able to decide what combination would be adequate for your protection. If you need more information about this, visit Cyber Drive Illinois for in-depth information.
