Illinois insurance quotes quotes are pretty much par for the course. Near national averages for both costs and minimum coverage requirements, Illinois auto insurance is one more example of how the Land of Lincoln is a microcosm of the country. Of course, as it is with any type of insurance in any state, your situation may not apply very well to the "averages." If you've had a recent DUI and then went out a bought a new sports car, your rates may triple or quadruple this average. Customers who make a series of expensive claims may get kicked off their current auto insurance plan. On the other hand, if you have a solid driving record and personal history, don't own a new or expensive vehicle, you can probably find dirt-cheap insurance. That said, here is some useful information about auto insurance in Illinois you want to consider before NetQuote matches you with auto insurance companies.
Average Cost of Illinois Auto Insurance Quotes
According to the National Association of Insurance Commissioners, the average cost of an Illinois auto insurance quote was $723 in 2007, the last year for which reliable data was available. This compares to a nationwide average of $795 for the same year. Thus, Illinois is slightly cheaper for auto insurance, despite being the 12th most densely populated state, one of the strongest indicators of auto insurance costs. As for the drivers themselves, Illinois consistently ranks near the middle for states with the best/worst drivers.
Illinois Auto Insurance Policies and Coverage
This slightly lower average also still delivers decent minimum coverage. As a "20/40/15" auto insurance state, your auto insurance should automatically include $20,000 worth of bodily injury liability per person, $40,000 worth of bodily injury liability per accident, and $15,000 of property damage liability. Of course, the minimum may not be the best plan for you, and it certainly doesn't guarantee you'll be completely covered in the event of an accident. Hit a brand-new Corvette or Mustang and you may be on the hook for damages caused above fifteen grand. Moreover, you may want to buy supplemental insurance such as uninsured motorist coverage, rental car insurance, even pet insurance. And, if you have a new or expensive car, you'll want to get collision and comprehensive coverage for the vehicle.
Cost Trends for Illinois Auto Insurance Quotes
It may not feel like it, but auto insurance rates have actually been decreasing in recent years. While the average cost for Illinois auto insurance quotes was $723 in 2007, it was $762 back in 2003. The cost of auto insurance went down nationwide during this time period, but it does at a faster rate in Illinois. That said, the long-term trends are not as promising. Obviously, inflation will play a part, and like the stock market, the fact that insurance costs have gone down over the last five years could mean they're poised for an about-face. More substantively, if a new generation of automobiles delivers impressive new gas mileage but are more expensive to buy, auto insurance quotes could jump significantly. Financially speaking, after all, there will be more to insure.
Finding Illinois Auto Insurance Quotes
Auto insurance quotes are not hard to find, but it can be difficult to comparison shop and choose the best plan and company for you. With companies offering so many different discounts and price points, it's virtually impossible to know who's offering the right coverage for you without soliciting quotes. Here's where NetQuote can help. Not only is a selection of auto insurance quotes only a brief online form away, but you'll be able to review these quotes and policies from the comfort of your own home. Moreover, it's a good idea to get new quotes for auto insurance each year. Between insurers tweaking their pricing strategies and your own changing situation, the best insurance company for you last year may not be the best company for you this year.