I Need Low Cost Auto Insurance in Chicago

Reader’s Question:

I’m in the market for auto insurance here in Chicago for the first time. What do I have to do in case I would have a hard time signing up for an auto insurance policy?

Jay

Chicago, IL

Low cost auto insurance is available at once for a lot of motorists in Chicago, but there are issues that motorists most of the time have to handle in terms of auto insurance. These issues make it hard for them to get low cost car insurance coverage. At times, these things make it challenging to get any type of auto insurance policy for some motorists. These hindrances include faulty driving records, too many points on licenses and bad credit history.

Fortunately, as a motorist in Chicago, you could obtain at least the minimum auto liability insurance in the state of Illinois. The state offers Illinois Automobile Insurance Plan or ILAIP to motorists who could not acquire reasonably priced auto insurance in Chicago. This would aid motorists to drive lawfully on the road and have security for them and their passengers.

Every insurer that sell car insurance and have a license in Illinois are mandated to pledge to and partake in the ILAIP and car insurance agents and as brokers are authorized to send subscription applications as well. So since you are in the market for auto insurance in Chicago for the first time, make sure that you follow the steps required to apply for ILAIP so that you wouldn’t have a hard time getting insured.

Tags: auto insurance, auto insurance policy, auto liability insurance, credit history, low cost auto insurance

Free Car Insurance Quotes in Illinois

Reader’s Question:

I’m looking for free car insurance quotes. Where can I find a reliable one in Illinois? I also overheard two teenagers talking about GDLs being connected to car insurance. What’s a GDL?

Kelly

Chicago, Illinois

You can actually get reliable free car insurance quotes just by checking the car insurance companies listed in your local directory and giving them a ring. But if you mean to go through with it online, I think it would be better if you check first with the local DMV office for a list of registered/licensed car insurance companies operating in Illinois.

Now, for your second question: GDL stands for Graduated Drivers Licensing. Generally, it is an approach to granting teenage drivers full licensing privileges. The three stages of GDL are supervised learning period, intermediate license and full-privileged license, respectively. The supervised learning period is a stage where the young driver is granted a learner’s permit after passing a qualifying exam. The granted learner’s permit now allows the young driver to drive around but only with a supervising adult. After clocking a minimum amount of time, the young driver now earns his intermediate license. During this stage, the driver has a license and no longer needs an adult companion to drive. Although an adult is not needed anymore, some restrictions are still enforced at this stage. Usually a curfew is set and cell phones are not allowed. The number of passengers will also be limited. Restrictions may also vary for different states. Then finally, after meeting the minimum age requirement set by law, the young driver then becomes a full-privileged licensed driver.

 

Illinois Collision Insurance Coverage

Reader’s Question:

Am I required to carry Illinois collision insurance coverage? What are the benefits of getting it?

Anna

Chicago IL

 

In the state of Illinois, you are not required to get a collision insurance coverage. The minimum liability insurance limits in Illinois are:

• $20,000/$40,000 for Bodily Injury Liability
• $15,000 Property Damage Liability limits
• Uninsured Motorist coverage

If you are leasing your vehicle, you may be required by the leasing company to carry this Illinois collision insurance coverage along with comprehensive coverage. If you own the vehicle without a lien holder on it then whether you want to obtain Collision insurance coverage is up to you.

Collision insurance coverage pays for damage to your car when it collides with another car or object. You have to pay for part of the loss, called a insurance deductible.

If you have Collision insurance coverage in your policy you will have insurance protection on your car which would pay for damages in case of a crash with another vehicle or fixed object (such as a fence). Your Collision insurance coverage would pay out regardless of who’s at fault.