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. 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. 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.
These prices are just estimates based on the rates of an average Illinois driver and should not be used to compare insurance prices. In addition, Illinois sends out insurance verification questionnaires at random and then verifies your answers with your insurance company. 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. The insurer you choose can also affect your premiums, as some insurers may place more importance on some aspects, such as your credit rating, compared to others.
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. Yes, Illinois drivers can recover compensation for the reduced value of the at-fault party's insurance company. Most states require at least liability insurance for bodily injury and property damage, but they cover other people's expenses when you cause a car accident, not that of your own car. Comprehensive insurance covers repair or replacement costs if your car is damaged by falling objects, natural disasters, floods, fires, theft, vandalism, or animals.
People who have model cars or want their families to be insured but don't have a license can take out car insurance in Illinois. Learn more about when to cancel optional coverage and penalties for driving without insurance in Illinois to make sure you're paying for the coverage you need. Therefore, when you receive a letter of claim or a subpoena and complaint to file a lawsuit, you should immediately contact your insurance agent or insurance company. To help drivers understand car insurance laws in Illinois, MoneyGeek has answered some frequently asked questions below.