Auto Insurance
Auto Insurance Quote Forms
Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.
Auto Insurance Customer Service Options
Self policy service any time of the day, directly from our website. To request a policy change on your account, click any of the following policy service options below.
Auto Insurance Information
Auto insurance can offer financial protection in case of accidents, theft or damage to vehicles. Whether you’re a seasoned driver or a new one, understanding the basics of auto insurance can help you make informed decisions and navigate the complex world of coverage options.
How Much Auto Insurance Do I Need?
Choosing the right auto insurance depends on different factors. First, make sure you comply with your state’s minimum requirements, which vary by location. In Illinois, minimum levels of liability coverage are required for all drivers.
Beyond legal mandates, you should consider your financial situation, vehicle value and risk tolerance. You may want to consider getting more coverage beyond the state minimum requirements, such as uninsured/underinsured motorist coverage, personal injury protection, medical payments and comprehensive collision coverage, as available. Your driving history and financial assets can also factor into the type and levels of insurance you may need.
It’s always a good idea to seek advice from an insurance agent to find the right balance between protection and affordability.
Why Is Auto Insurance Expensive?
The following factors can influence the cost of auto insurance:
- Driving record—Your history of moving traffic violations and at-fault accidents can significantly impact your rates. Safe driving habits often lead to better insurance rates over time.
- Credit history—Many insurers use credit-based insurance scores to predict claim likelihood.
- Coverage selections—The coverage types you choose can affect your premiums.
- Deductible amount—Higher deductibles usually mean lower premiums, but be prepared to pay more out of pocket in case of a claim.
- Car insurance history—If you’ve had prior coverage lapses or nonstandard insurance, it can impact your rates.
- Car make and model—Expensive or high-performance cars often cost more to insure.
- Age and driving experience—Younger drivers and those with less experience typically pay higher premiums.
- Location—Where you live can affect rates due to local risk factors and crime rates.
- Market factors—Sometimes insurance rate hikes are beyond anyone’s control. When inflation increases the prices of car repairs and claims costs, insurers must usually raise prices.
Car Insurance Quotes
Contact Lohman Companies today to discuss your auto insurance needs. We can provide a quote for a policy tailored to your needs.
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