In the state of Illinois, the minimum limits for automobile liability insurance is $20,000 per person/$40,000 per accident for Bodily Injury and $15,000 for property damage˳ Understanding that this is a minimum requirement, it might be in your best interest to purchase more than is required˳ With the rise in today’s medical costs and the cost of a potential hospital stay, in the event of an accident, the liability limits of your policy can be quickly exhausted˳
As odd as it may sound, you might save more on your automobile insurance if you actually raised your policy liability limits˳ It’s for your own protection˳ Just because the policy limits have been exhausted does not absolve your responsibility in the event of an accident˳ It might behoove you to get quotes for higher limits of liability˳ You might find that the additional cost of premium is minimal in comparison with the peace of mind additional limits may afford˳
Although Illinois residents do not have to provide evidence of insurance when registering a vehicle, it would behoove all residents to make sure coverage is in effect˳ Coverage is mandatory for not only private passenger vehicles; it is required for vans, RV’s, motorcycles, buses and trucks˳ Coverage is not required for trailers˳
Illinois residents are subject to random insurance questionnaires˳ As a result, you may be randomly selected to complete a questionnaire that requires you to show proof of insurance˳ If you are stopped and found to be uninsured while driving you will be given a citation˳ You will have to prove to the court that you did have insurance at the time you were stopped˳ If not, you’ll be subject to a $500 fine and a $100 fee to reinstate your registration˳
To get the best possible rate for your auto policy, you should shop around˳ Get quotes from at least three different insurers and compare˳
Source by https://ezinearticles˳com/?How-to-Save-Money-and-Get-Discount-Car-Insurance-in-Illinois&id=575656
