If you are shopping for cheap car insurance in Chicago, consider the coverages you need and make sure to get several comparison quotes to find your best deal. Here are a few tips for insurance shoppers in the Windy City.
One of the easiest ways you can find cheap car insurance in Chicago is to spend some time shopping around. Insurance company rates vary a lot from one company to the next, so you should get at least three different comparison quotes. Make sure to provide the same information regarding coverages and deductibles to each company or agent to get the most accurate comparison.
Since Chicago is in Illinois, you’ll have to get the minimum coverages required by Illinois state law:
Liability — $20,000 for injury or death per person per accident. $40,000 for injury or death if more than one person is involved per accident.
Property damage — $15,000.
Uninsured Motorist Bodily Injury coverage: $20,000 per person, $40,000 per accident.
Underinsured Motorist Bodily Injury insurance: Required if you purchase higher limits of Uninsured Motorist Bodily Injury coverage.
The higher the limits you get, the more your insurance will cost. However, it may be worth it to increase your limits above the state-required minimums.
Another way to lower your car insurance costs is to raise your deductible. The difference between a $250 and $500, or $500 and $1,000 deductible in premium cost can be quite a bit.
Make sure to ask about discounts. You could save money by having an anti-theft device or insuring your home and auto with the same company.
Another way to cut your car insurance costs is to drive less. Car insurance companies often base your rate on how much you drive. If you can limit the number of miles you drive in a week, month or year you could lower your insurance costs.
Use the Web to shop for insurance from the convenience of your computer. It could save you time. You can go to each insurance company and request a quote, or visit a comparison Web site that lets you enter your information once and contacts you with several different agents or provides several different quotes back for comparison.