Every driver wants to pay less for car insurance, but finding cheap rates in Illinois requires a lot of research. There are dozens of companies offering all types of discounts for various driver types, and comparing all the options can be a major hassle.
At PennyGeeks, we wanted to take the headache out of saving on monthly car insurance premiums. We compared quotes from nine providers to find the most affordable rates for these four types of drivers:
Best Rates For Drivers With No Recent Accidents
Driving safely is one of the best ways to save money on auto insurance since providers usually reward cautious motorists with lower monthly premiums. Our study identified State Farm as the insurance company with the lowest rates for safe drivers in Illinois.
Our research involved male and female drivers age 29 with a clean collision history. The estimates above are based on coverage that is slightly higher than the state’s minimum requirements.
Best Rates For Teen Drivers
Inexperienced teenage drivers are more likely to be involved in crashes, making them a greater liability to car insurance companies. When searching for cheap insurance for teens, we recommend that you get quotes from State Farm and Allstate.
The driver in our study was an 18-year-old who hadn’t been involved in a car accident or received any major citations. Our researchers found that premiums varied widely from one provider to the next. The hypothetical teenager in our analysis was comparing rates for insurance that met the state’s minimum required coverage.
Best Rates For Drivers With A DUI
The consequences of a drunk driving conviction can haunt you long after your case has finalized. Insurance rates can skyrocket after a DUI conviction. If you’re tired of paying hefty premiums, consider switching to one of these two insurance providers. Our study determined that State Farm has the lowest insurance rates for drivers with a DUI in Illinois.
Best Rates For Senior Drivers
Age and mileage are two primary factors that influence the cost of auto insurance. If you’re a senior and you’re searching for cheap car insurance in Illinois, you should be able to find a low cost policy from State Farm.
The “DUI” and “No Accidents” categories used a 29-year-old motorist who commuted 12,000 miles yearly. The car was a 2014 Toyota Corolla. Our research is based on the rates for males and females from five zip codes in Illinois. Our senior driver was 65 years old and traveled 4,000 miles per year. Except for the “teen driver” category, our estimates are based on liability coverage of 50/100/25 and uninsured motorist coverage of the same limits.
What Are The Minimum Auto Insurance Coverage Requirements In Illinois?
If you live in Illinois, you are legally required to purchase car insurance that would cover $25,000 for bodily injuries per person, $50,000 for bodily injuries per wreck, and $20,000 for damage to property. Uninsured motorist coverage is also required with minimum limits of $25,000 per person and $50,000 per crash.
Illinois Car Insurance FAQs
What Kinds of Liability Insurance Do I Need in Illinois?
According to the Illinois State Legislature Vehicle Code, you must carry auto insurance that meets minimum liability limits in order to prove you are financially responsible to pay for the costs of damages in an accident you cause.
Bodily Injury insurance covers the medical treatment and lost wages of the other drivers, while Property Damage coverage pays for the necessary repairs to other vehicles damaged in the crash, up to the limits defined in your policy agreement.
You are only legally required to carry the minimum insurance but may find it useful to purchase more than what is required. For example, in a serious accident involving multiple parties, it is doubtful that the mandatory minimum benefits will stretch to cover all aspects of the extensive damage.
In Illinois, you are also required to carry Uninsured Motorist Bodily Injury cover, which protects you from costs related to your own physical injuries in a car accident, if the other driver does not have the proper, legally required insurance coverage.
Additional Coverage Options in Illinois
Mandatory liability coverage is designed to ensure you have the financial means to pay for the damages you cause in a crash. But the minimum limits will not extend to covering your own costs, such as medical bills and vehicle damage.
This is why licensed car insurers offer other forms of car insurance to protect the first party, such as:
- Underinsured motorist bodily injury insurance covers you when the other driver is considered at-fault, yet is underinsured, and unable to cover the full extent of your medical expenses.
- Collision coverage pays for the costs of your car’s repairs when it is damaged in a crash. Bear in mind that you may need to pay a deductible – or out-of-pocket amount – before this coverage applies.
- Comprehensive coverage protects you from car repair expenses stemming from causes other than collisions. Some insurers may be reluctant to offer you collision cover unless you also carry comprehensive insurance.
- Medical payments will compensate you for your own medical expenses after an accident, regardless of who is at fault. In some other states, this coverage is known as personal injury protection (PIP).
- Uninsured motorist property damage applies when you are involved in a crash that is caused by a driver who is uninsured and covers property damage you suffer in the accident.
What Is the Illinois Automobile Insurance Plan?
Drivers with long histories of traffic violations can find it difficult to secure even the minimum amounts of car insurance in Illinois, as insurers are often wary of taking on the risk of making large or regular payouts. Created in 1940, the Illinois Automobile Insurance Plan (ILAIP) ensures these high-risk drivers are able to get the insurance they need in order to drive legally.
The ILAIP places high-risk drivers in a residual pool before assigning them to insurance companies. All insurance companies in Illinois are mandated to accept a quota of high-risk drivers from the ILAIP, determined by their share of the market.
Are You Eligible for the ILAIP?
You will only be eligible for insurance through the ILAIP if you can prove you have attempted to purchase car insurance within the past 60 days, and have been unable to either secure any coverage or have only been offered coverage at rates higher than those issued by the plan.
Your driver’s license will need to be valid, and your car registration will also need to be up to date. In addition to these, you will not be eligible for coverage through the ILAIP if you owe an outstanding premium for a previous insurance coverage policy during the past 36 months.
Once your application for insurance through the ILAIP is approved, you will be assigned an insurer, who will need to cover you for three consecutive years. Your designated insurer must sell you at least the minimum amounts of bodily injury and property damage cover and offer you the option of purchasing additional coverage.
If you are assigned a policy under the terms of the ILAIP, you may find your premiums are significantly higher than they would be under normal circumstances. When the mandatory three-year period expires, your ILAIP-assigned insurer may choose to continue your insurance under the terms of a new policy – and if you can prove you have adjusted your driving habits enough to become a safer, more responsible, low-risk driver, you may be able to negotiate for lower rates.
What Are the Penalties for Driving Without Insurance in Illinois?
Illinois authorities may request to see proof of your insurance policy on two occasions: when a law enforcement officer asks to see it, and when you receive an Illinois insurance questionnaire, issued by the Secretary of State, asking for the details of your insurance policy.
You may use your insurance identification card – which you must carry in your vehicle at all times while driving – or a copy of the declaration page of your policy as proof of insurance.
When you are caught driving while uninsured for the first or second time, you could be fined between $500 and $1,000, and your driver’s license and registration could be suspended for up to three months. If you are convicted of driving without insurance again while your license is suspended, you will have your driving privileges suspended for another six months.
The third time you are caught driving without proof of insurance, you will be considered a repeat offender and must serve a four-month suspension of your license plates and file proof of financial responsibility by carrying an SR22 certificate for three years.
You maybe be able to have your fines reduced if this was your first conviction, and can show you have purchased the proper insurance by the time you appear in court.
What If You Are Caught Driving Without Insurance After an Accident?
If you are involved in a car accident in Illinois that causes deaths, bodily injuries, or more than $1,500 of property damage, you must file a crash report. If you cause bodily harm to another person in an accident and are convicted of driving uninsured, you will face fines of up to $2,500, a license plate suspension of four months, and have to pay $100 to have your license reinstated.
Can Your Illinois Insurance Company Cancel Your Policy?
The first 60 days of your new car insurance policy is a time to be extra careful while on the road. During this time, your car insurance company may cancel your policy for almost any reason.
After those 60 days, however, your insurance company may only cancel your policy if you:
- Fail to pay your premium;
- Violate of your policy’s terms; or
- Have obtained your insurance with false information.
If your insurance company does choose to cancel your policy they must notify you by mail at least 10 days before they do so, if it is the result of failure to pay your premium, or at least 30 days before the date of cancelation for any other reason.
How Insurers Determine Your Premiums in Illinois
Illinois car insurance companies may take a variety of factors into consideration when calculating how much you will pay in premiums, including:
- Your age, gender, and marital status;
- The safety of the area in which you live;
- Your car’s age, make, and model;
- Your average mileage;
- Your credit score;
- Your deductible, or the amount you must pay towards a claim out of your own pocket; and
- Your driving record – including your history of violations.
My Insurance Premium Has Just Gone Up – Why?
Understanding how your premium is calculated in the first place is just the first step. To keep it at that level, or better yet, have it reduced further, you will need to avoid risky driving behaviors and keep your insurance policy updated. Insurers might increase your premium if you:
- Are caught violating the laws of the road;
- Cause an accident that results in damage or injuries;
- Are over the age of 70;
- Allow your policy to lapse;
- Move to a new area; or
- Suffer a drop in your credit score.
What to Do After an Accident in Illinois
A car crash is a serious event that can have long-lasting and far-ranging effects. How you behave in the immediate aftermath of an accident is essential: doing the wrong thing can land you in serious trouble, and have an impact on your insurance compliance status.
Remember to follow these 6 crucial steps after a crash in Illinois:
- Stay at the scene until the authorities have arrived;
- Check all affected drivers and passengers for injuries and help where you can;
- Exchange your contact and insurance details with the police and the other drivers;
- Approach all potential witnesses for a record of what occurred;
- Document the scene, in the form of notes or photographs; and
- Notify your car insurance agent or company immediately.
By the Numbers: Car Accidents in Illinois
1,082 people were killed in car accidents in Illinois in 2016, according to figures published by the National Highway Traffic Safety Administration.
Between 2003 and 2012, 3,866 people were killed in crashes involving a drunk driver in Illinois, according to the Centers for Disease Control and Prevention.