Can you just have liability insurance on a car?

Can you just have liability insurance on a car?

Basically, liability coverage is a part of your car insurance policy, and helps pay for the other driver’s expenses if you cause a car accident. It does not, however, cover your own. It’s important to note there are two types of liability coverage: bodily injury and property damage.

What are the requirements for liability insurance in Illinois?

You are in compliance with the law if you have liability insurance in the following minimum amounts: $25,000 for injury or death of one person in an accident. $50,000 for injury or death of more than one per- son in an accident. $20,000 for damage to property of another person.

What is liability only coverage?

What is a Liability-Only Policy? When someone requests “Liability Only” car insurance coverage, they are typically referring to a policy that includes only the minimum amount of insurance required by law.

Is Illinois a no fault car accident state?

No, Illinois is not a no-fault state – the state of Illinois adheres to a traditional fault-based system, also called a tort liability system. This means in Illinois, drivers who cause accidents are responsible for paying for them.

Do you have to have liability insurance in Illinois?

Illinois drivers must carry liability insurance in order to drive legally. If you are at-fault in an auto accident, liability insurance is what will go toward paying the expenses for property damage or bodily injury of the other driver. It’s important to remember that liability insurance only covers injuries or damages that you cause to others.

What are the minimum car insurance limits in Illinois?

Minimum auto insurance limits required in Illinois. Illinois law requires residents to carry liability insurance, including uninsured/underinsured motorist bodily injury coverage (UMBI), in the following amounts: $25,000 bodily injury liability per person. $50,000 bodily injury liability per incident.

What does it mean to have auto insurance in Illinois?

Illinois is what’s known as a fault state. This means that the driver who causes the accident is responsible for covering the damages. Illinois law requires that all drivers must have proof of insurance showing that they carry the required amounts of auto insurance coverage. If you can’t provide such proof, you could face steep penalties.

How often do I need to check my Illinois car insurance?

Each vehicle’s liability policy will be verified at least twice each year through a 3rd party vendor. The vendor is linked electronically with all insurance companies that write vehicle liability insurance policies in the state of Illinois.