If you or an insured driver under your policy cause an accident that causes injuries or the death of another person or people, bodily injury liability (BIL) coverage can cover your medical expenses and lost wages. BIL can also pay your legal fees, if necessary. Property damage liability (PDL) coverage can pay for damage that you or an insured driver under your policy cause to someone else's property. PDL can pay for damage to someone else's vehicle or property, including fences, utility poles, and trees.
You should cancel your car's full coverage insurance when the cost of the insurance is equal to or greater than the potential payment, in the event of a covered event. If you want coverage for your car repair bills, you must take out collision insurance and comprehensive car insurance. While the minimum car insurance requirements in Illinois are predefined, they are not intended to be a limit on the amount of coverage you can or should get. Alternatively, if the Illinois electronic insurance verification system cannot verify your vehicle coverage, you will receive an insurance verification form from the Illinois Secretary of State.
Illinois auto insurance laws require that all vehicle registrants have liability insurance for all personal vehicles. Without adequate auto insurance coverage, a car accident could result in severe financial losses and the loss of your driving privileges. Some states require drivers to have PIP or MedPay, while collision insurance is often mandatory if you rent or finance your car. Under Illinois insurance laws, auto insurance companies must offer motorcyclists UMPD and UIM coverage.
Illinois requires proof of insurance at all traffic stops, so you'll need to carry your most recent insurance card in your vehicle or be able to show it in another way. Fault drivers often rely on liability insurance to pay for damages, which is why Illinois law requires car owners and drivers to have a minimum amount of liability insurance. The easiest way to demonstrate financial responsibility is with a personal auto insurance policy that meets the state's minimum insurance requirements. If you can't drive your car because of a covered loss, this coverage helps pay for a car rental or other transportation expenses so you can get back on the road.
If the system cannot verify sufficient auto insurance coverage for a vehicle, the vehicle registrant will receive a notice in the mail with instructions for submitting proof of insurance. If the amount needed to compensate you for your injuries exceeds the amount of insurance that covers the at-fault driver, your own insurance may have to pay the difference between the two policies depending on the terms of your UIM coverage. Lenders often require collision and comprehensive insurance, in addition to the insurance you must have under Illinois law to finance a car.