If you’re like most Illinois residents, you’re always on the lookout for a smart, reliable deal. And getting a competitive price on car insurance rates can save you tons of money every year! That’s why an online car insurance matching service can help you save huge on your Illinois car insurance rates. Understanding car insurance premiums can help you determine the lowest car insurance rates in Illinois.
Your car insurance rates are tabulated according to the premium policies of individual car insurance providers. This means that no two car insurance companies offering auto insurance in Illinois will necessarily calculate car insurance rates using the exact same formula. But most reputable auto insurers will take the following information into account:
Personal information may include your age, gender and marital status. It may also include your home address or place of work, to the extent that these places are where your car is primarily driven and parked.
Your driving record will affect your car insurance rates. Traffic violations or car accidents will negatively impact your driving score, thus raising your insurance rates. Additionally, the year and model of your car may determine your insurance rates.
Car insurance providers in Illinois may consider your personal credit history when determining your car insurance rates.
While it is lawful for car insurance providers to tabulate auto insurance rates in Illinois with respect to age, gender, and marital status, it is unlawful for an insurance provider to tabulate your car insurance rates on the basis of race, religion, ethnicity, or national origin. If you suspect unlawful or discriminatory insurance rate practices, contact consumer protection services with the Federal Trade Commission at www.ftc.gov.