The state of Illinois has a mandatory insurance law for significant consumer protection in car insurance. You are in compliance with the compulsory law if your vehicle has the liability insurance in the following amounts:
1. $20,000 – injury or death of one person in an accident
2. $40,000 – injury or death of two or more persons in an accident
3. $15,000 – damage to property of another person
When your insurance policy is issued or renewed through a reputable car insurance company in Kankakee IL, you will be sent an insurance card which must always be in your possession in the event that a law enforcement officer requests for it. Car insurance protects the car owner in the event of a financial loss due to an incident involving the vehicle like a collision or traffic accident. This kind of insurance is a requirement of law in almost all counties and an individual is not allowed to drive a car without the necessary insurance.
Society, in general, benefits much from the mandatory car insurance coverage. Most people live only from paycheck to paycheck that if a car accident unfortunately happens, there isn’t enough money to pay for both the property damages and physical damages. Even if the accident is minor, repair works for car damages can run up to thousands of dollars. Having the appropriate car insurance coverage in Kankakee IL will give you the peace of mind knowing that someone will answer for any financial and legal damages caused by an accident.
When searching for car insurance companies in Kankakee IL, there are many factors that will affect the insurance quotes. The biggest factor is the driving history of the person being covered. If there has been a past conviction for DUI, it will certainly increase the cost of insurance because of the high risk factor. A driver who has much experience on the road but has been into many car accidents is perceived to be a reckless driver which will drive the quotes higher. A driver with a clean driving history will more likely have lower insurance costs because he is not considered as high risk and the car insurance company in Kankakee IL will have less possibility to pay for damages.
The area where one lives also affects the insurance quotes since an individual who lives in a more densely populated area is more likely to receive higher insurance quotes than those living in the rural communities. There are higher statistics of car accidents in the city than in towns where the only traffic comes from horse-drawn carriages and farm animals. Gender is also a factor in car insurance quotes since most women drivers are perceived to be less likely to be involved in car accidents through their own fault than their male counterparts.
Certain cars also get higher insurance quotes since they are more likely to be stolen or involved in an accident like sports cars. If the chances of being involved in a car accident are high, there is an increased risk for the provider to pay higher for damages; that is why they provide lower insurance quotes for the family station wagon.