Incredibly Useful Car Insurance Companies in Illinois Tips For Small Businesses


If you own a car, it is essential to have a car insurance and this has been made mandatory by law. In the past, if one needs to buy a car insurance, then he or she can meet an agent and purchase the same without any inhibition. But, nowadays, competition in the car insurance field is very high and there are different options in buying a car insurance. Each State in US has its own laws regarding the minimum liability car insurance coverage and as such Illinois has got its own limitations. Let us see the existing car insurance facilities in Illinois in the forthcoming paragraphs.

Illinois Car Insurance Laws:

According to Illinois car insurance laws, the minimum liability insurance coverage is as follows.

● $25,000 bodily injury liability for one person in an accident
● $50,000 bodily injury liability per accident irrespective of number of persons injured
● $20,000 for property damage liability.

But, these minimum liability requirements will not give you much protection. Once your prescribed limits are achieved you can be sued in the court of law for the remaining accident or injury expenses. It is, therefore, advised to get 100/300/50 offers which will be an adequate shield for a typical family.

In the State of Illinois, Personal Injury Protection (PIP) and no-fault coverage are not required by car insurance Illinois laws. But, uninsured motorist coverage is mandatory in Illinois. The uninsured motorist coverage will cover the expenses for bodily injuries in an accident caused by a hit and run driver or by a driver who is without auto liability coverage and who is at fault. The monetary limits are $20,000 per person and $40,000 per accident.

Underinsured motorist coverage will pay the difference between the policy holder's limits and the liability limits of the driver responsible for the accident, if those limits are lower than the underinsured motorist coverage. This is required only when the policyholder purchases higher limits of uninsured motorist coverage.

Insurance Coverage Options:

If you do not buy collision coverage, then the Illinois car insurance providers will offer underinsured motorist property damage with a maximum limit of $15,000 with $250 as deductibles. But, it is up to you to reject or accept the offer. But it is suggested to buy a collision coverage in lieu of underinsured motorist property damage. Moreover, comprehensive insurance coverage will provide cover to your vehicles from the damages caused by fire, vandalism, theft, natural disasters and the like. Buying such optional insurance coverages depend on your needs and necessities.

Comparative Negligence:

Car insurance Illinois is adopting a stand for the recovery of car accident damages. According to this, you can make claims for damages to your car if you are less than 50% responsible in making an accident. For instance, if you are responsible for 20% of an accident, then the third party insurer may pay only 80% of your damages.

Illinois Car Insurance Companies:

Some of the reputed and prominent Illinois car insurance companies are as given under.

● Amica
● Erie
● Mercury
● Geico
● American Family
● Nationwide
● Travelers
● State Farm
● California Casualty
● MetLife
● 21st Century
● Esurance
● Grange
● Allstate
● Elephant
● Farmers
● Ameriprise.

Besides the above car insurance Illinois companies, there are companies such as Progressive Insurance, The Hartford Insurance Company and Safeco Insurance company. These companies are popular nationwide and they are renowned for satisfactory customer services, quick disposals of claims by customers, providing car insurance quotes in a few minutes and the like.

Important Points to be noted:

There are many different types of car insurance available today and it is important to understand them in detail. Some of the types of insurance are mandatory and some are optional. A clear understanding of the coverages will help you to arrive at the right coverage, you need.

You should not get satisfied having bought the minimum liability coverage. When you are involved in some big accident and you have only the minimum liability coverage, then you may be caught in a huge financial burden, if the loss of property is heavy.

Similarly do not always depend on cheap car insurance as it may prove inadequate in some big accident cases. Ensure that you are getting the right and required insurance coverage, while buying an Illinois car insurance.

How to Buy Car Insurance and Wherefrom?

Car insurance Illinois can be purchased from three different options and they are captive agents, independent agents and online purchase. Captive agents will deal with only one company and therefore, they are well aware of the car insurance types offered by that particular company and will fix the types of coverage, you need. But, this process may take more time than purchasing an insurance from an independent agent.

If you need to compare many insurance policies, purchasing through independent agents will be ideal. This is because these independent agents represent many car insurance Illinois companies and you have a chance to get a better rate and right coverage. These agents work for commission and you have to be vigilant in getting the right car insurance company for your purpose.

Another option is buying online. But, the whole responsibility lies in you and your research skill. You have to get the quotes of several insurance companies online and compare them after due analysis. From the quotes on your hand, you can choose the best insurance coverage at affordable rate and buy the same online.

Factors that decide Car Insurance Premiums:

The premium rates of car insurance vary from company to company and from State to State. Within the States themselves, there may be variations in the premium rates. The factors such as your age, gender, driving history, model of the car, age of the car, the area in which you live, credit history and some other factors are considered by the insurance companies to decide your car insurance premium rate.


As car insurance is mandatory everywhere, you have to be careful in choosing the right insurance coverage and the right insurance company. Most of the companies have their own websites and you can very easily collect the profiles of the insurance companies and select the best one that suits you in all aspects. Get an affordable car insurance and enjoy an accident free drive.