Smart Auto Insurance Blog

Delaware auto insurance rates are going up for State Farm customers in that state.  According to Online Auto Insurance News’ John Pirro, “State Farm car insurance rates to rise for Delaware policyholders.”  Starting today, rates will be increasing around 1.9% in Delaware.  State Farm is the second biggest auto insurance company in Delaware behind Nationwide.  Their market share is 22 percent and they say that they’re raising rates so they can keep the financial promises they have made to those customers.

Many factors will determine the amount of individual policyholder increases, including their particular coverage and any discounts they maintain.  All liability and personal injury protection coverage will be increasing.  Collision and comprehensive costs, however, will be increasing for some but decreasing for others.  From 2006 to 2008, PIP claims increased 10% and property liability claims increased 4.5%.  State Farm is also raising Michigan and Wisconsin auto insurance rates, while they are decreasing Illinois, Alabama, and Georgia auto insurance rates.

Chicago car insurance quotes are managed by Illinois State Law according to the article “New Minimum State Requirements for Chicago Auto Insurance Quotes” by Cathy Wilson on youronlineinsurance.com.  Some of the mandatory coverage options are discussed in the article.

Car insurance continues to be mandatory in Chicago so anyone driving must be covered.  Liability coverage is also mandatory.  This covers the driver for injuries to other people, other cars and property.  The minimum liability is at $20,000 per driver in a car accident.  The max coverage is $40,000 and property damage excluding the car caps at $15,000.

Illinois drivers who are not insured properly or not insured at all will be responsible for the costs from the injuries up to the state minimum liability amounts.  They may also be responsible for damages that are not covered.  It’s important to be familiar with all of the driver and insurance laws in your state if you plan on operating a vehicle.  They can change from year to year as well, so keep up with the changes. It’s a good idea to periodically get Illinois auto insurance quotes as well.

Illinois State Insurance Agency has announced the opening of their new location to serve customers in Waukegan Illinois and Lake County according to the article found on onlineprnews.com.  The office has opened in Waukegan Illinois.  This is very good news for those in need of SR22 insurance since Illinois State Insurance Agency (ISIA) specializes in high-risk auto insurance.  Those in the area can get access to an agent much quicker to receive proof of insurance quickly.

ISIA is one of the most reputable Illinois auto insurance companies.  They offer many discounts including discounts for proof of prior insurance, multiple cars, perfect driving records, and discounts for renewing.  They have also implemented a tool which allows policy holders to instantly download ID cards which is a huge benefit for high-risk drivers who often need to show proof of insurance quickly.

ISIA has been in business since 1997 and is growing consistently.  They have 4 locations in in the greater Chicago area and they are looking to open up in other states as well, including Indiana and Wisconsin.

According to the article “Leading insurance grievance: delays in claims handling” by Becky Yerak on chicagotribune.com, Illinois consumers have been filing less complaints about their insurance companies. 

Illinois auto insurance complaints were down 10%, individual accident and health complaints were down 13%, and homeowners insurance was down 5%.  But complaint ratios, which compares the number of complaints with each $1 million in written policies, vary widely among insurers.

According to The National Association of Insurance Commissioners, the leading complaint was delays in the handling of claims at 18.7%.  The next most popular complaint was claims denials coming in around 18.2%. 

Policyholders complained most about accident and health coverage at 37.5% of complaints.  Auto insurance accounted for approximately 35% and homeowners insurance only accounted for 12.5% of complaints.