The Illinois legislature has enacted a vehicle code that states all Illinois motorists must have insurance that meets minimum liability limits. auto insurance coverage in Illinois is mandatory. It proves that the automobile owner has the financial capability of paying third parties for accidents they are involved in and where they are shown to be at fault. You also must carry uninsured motorist insurance coverage.
You can be called upon to verify your coverage. The Illinois Secretary of State picks names at random. The individuals must reply and give the name of their insurer and their policy number. In the event the information you provide does not match that which is on record, your license plate will be impounded. If you are stopped for a traffic violation, the officer has the right to request that you present evidence of insurance along with your driver’s license.
Minimum Insurance Requirements in Illinois
You must carry auto insurance. It is used to cover injuries and property damage should you cause an accident. There is a minimum amount of coverage. Although you only need the minimum coverage, it is advisable to have higher limits. The amount of auto insurance coverage you have is based on your desire to be protected as well as your assets.
Bodily Injury: The minimum coverage for BI is $25,000 per injured individual or $50,000 if there is more than one party injured. This money is intended to cover medical expenses, lost wages and other expenses directly related to the incident.
Property Damage: The minimum amount of insurance for property damage is $20,000. This money is for the repair of the innocent party’s vehicle.
Uninsured Motorist Bodily Injury: If you are the victim of a crash caused by an uninsured motorist, your insurance company will reimburse you for the same amount as bodily injury as if the driver was insured. This coverage is mandatory in Illinois.
There is optional coverage available that protects you in the event of an accident, or it can be limited to protection for your vehicle. These options include collision and comprehensive insurance.
Complete auto insurance coverage is available. For the best coverage at the best price, contact Accurate Auto Insurance in Illinois.
