The measure became law in 1988 after 17 years of opposition in the General Assembly, mainly by the insurance industry and some urban legislators. Buying a vehicle for the first time can be exciting. Owning a car means freedom and adventure. You'll no longer have to rely on public transportation, hope that your friends and family can take it, or spend a lot of money on taxis and Ubers.
It also allows you to better support yourself and your family, since you now have a consistent way of getting to and from work. Illinois requires that you purchase a minimum amount of car insurance. If you are caught driving without it, you will be fined. Having car insurance is also the best option.
You could end up causing an uninsured car accident, and then you will be held personally responsible for the other person's damages or injuries. You have many options, such as comprehensive car insurance coverage, to protect you against fire, theft and other hazards. While insurance is mandatory in 48 states, New Hampshire and Virginia don't have mandatory car insurance laws. You don't meet all the requirements of Illinois car insurance law simply by buying the minimum policies.
Car owners found that it was profitable to invest in insurance instead of paying the amount out of pocket in the event of an accident. However, if you did not have insurance on the date listed on the form or do not provide the requested information, your enrollments will be suspended until you submit proof of insurance. In addition, not all motorcycle insurance policies in all states cover passengers, so never assume that your liability insurance covers passengers on your motorcycle. Since then, she has worked as a news writer in the insurance industry and has gained in-depth knowledge of state and national insurance laws and rates.
Illinois auto insurance laws require that all vehicle registrants have liability insurance for all personal vehicles. 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 easiest way to demonstrate financial responsibility is with a personal auto insurance policy that meets the state's minimum insurance requirements. This information may be different from what you see when you visit the website of an insurance provider, insurance agency, or insurance company.
There are also alternative insurance payment structures, such as pay-per-mile insurance that allows you to pay while you drive. However, many car insurance providers now have a mobile phone app that you can show to the officer as proof of insurance. Car insurance has been mandatory since 1970 in 48 states and the District of Columbia (Massachusetts) was the first state to make car insurance mandatory in 1925. Car insurance isn't needed in New Hampshire and Virginia. Without adequate auto insurance coverage, a car accident could result in severe financial losses and the loss of your driving privileges.
While car insurance as a product first became available in 1898, according to the Insurance Information Institute, it wasn't until 1925 that Connecticut law recognized the financial liability of drivers responsible for car accidents that caused injury, property damage, or death.