CAR INSURANCE BY STATE

Illinois is one of the most populous states in America. That’s why Illinois drivers have plenty of choices when it comes to car insurance companies. All major nationwide car insurance companies serve drivers in Illinois. You can also find some smaller, local providers dedicated specifically to serving drivers in the Midwest.

Farmers, The Hartford, State Farm, Nationwide, GEICO, Progressive, Allstate, Grange, and MetLife are all popular nationwide car insurance companies available to drivers in Illinois, for example. Other popular car insurance companies that may be smaller or more regionalized include Unique, Lighthouse, Rockford Mutual, The Cincinnati, Auto Club Group, SECURA, Erie, and Pekin Insurance.

How Much Car Insurance Should You Have in Illinois?

illinois car insuranceDrivers in Illinois are required to have liability insurance as well as uninsured motorist coverage. Your liability coverage limits must be $25,000 of bodily injury liability coverage per person, $50,000 of bodily injury liability coverage per accident, and $20,000 of property damage coverage.

Illinois is also one of a handful of states that requires drivers to have uninsured and underinsured motorist coverage. This mandatory insurance policy helps cover damages and medical expenses if you’re involved in a collision with a driver who has no insurance – or not enough insurance. To legally drive on roads in Illinois, you’ll need $25,000 of uninsured and underinsured motorist bodily injury coverage per person and $50,000 of uninsured and underinsured motorist bodily injury coverage per accident.

Cheap Car Insurance in Illinois

Illinois is middle of the pack when it comes to car insurance prices. The state isn’t typically one of the top 10 cheapest states for car insurance, nor is it among the most expensive states.

Nevertheless, you can still get cheap car insurance in Illinois by comparison shopping. As one of America’s most populous states, Illinois supports healthy competition amongst all auto insurance companies in the state. All major nationwide car insurance companies in America have offices in Illinois, and Chicago is home to a number of regional providers dedicated specifically to serving the Midwest. This gives Chicago and Illinois drivers plenty of choices when shopping for cheap car insurance in the states.

Which Cities in Illinois Have the Best Prices on Car Insurance?

In all states in America, you’re going to pay more for car insurance in urban areas than in rural areas. Generally speaking, drivers in the Chicagoland area of Illinois will pay higher rates for car insurance than drivers in urban areas. The vast majority of the population of Illinois is within the Chicago metropolitan area. Drivers in ZIP codes with higher crime rates may also pay more for liability coverage than drivers in safer ZIP codes.

Illinois Auto Insurance Requirements

As a “Tort” state, Illinois law states that each driver is financially responsible for any property damage or personal injuries resulting from an accident for which they are responsible. For this reason, Illinois has set mandatory liability minimums for car insurance policies of 20/40/15 (see the chart below).

Illinois’ regulations do not mandate uninsured motorist coverage but strongly encourage at least 20/40 (see the chart below). This portion of the policy helps to cover your expenses if your vehicle is hit by an uninsured driver. Should you choose to increase your uninsured motorist bodily injury coverage, you would also be required to add underinsured motorist coverage to your policy. This would cover the difference between the other party’s policy and your own.

Optional additions include accidental death, collision, comprehensive, and medical benefits.

Coverage Type Required? Minimum Coverage Amount Required
Bodily Injury Liability Yes $20,000 per person

$40,000 per accident

Property Damage Liability Yes $15,000
Uninsured Motorist Coverage No $20,000 per person

$40,000 per accident

Auto Insurance for Leased Vehicles in Illinois (IL)

Most leasing companies in Illinois typically require drivers to maintain insurance coverage which exceeds the minimums set by Illinois state law. This is to protect you financially, as well as your leasing company, should they be held partly responsible. Most leasing companies will recommend the following amounts of insurance coverage:

  • Bodily injury liability coverage: $100,000 per person/$300,000 per accident
  • Property damage liability coverage: $50,000
  • Comprehensive and collision coverage: $500 maximum deductible

Insurance Agents By City/Town In Illinois

Contacts for Auto Insurance Information In Illinois

Illinois Motorist Services 
213 State Capitol
Springfield, IL 62706
www.cyberdriveillinois.com/departments/vehicles
Illinois Department of Financial and Professional Regulation: Division of Insurance 
320 W. Washington Street
Springfield, IL 62767-0001
www.idfpr.com