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Chicago Car Insurance
Also known as the Windy City, Chicago is the third most populated city in the country. It is the Midwest's financial and transportation center as well as the county seat. At least 2.8 million people live in Chicago, which means that roads are crowded. In fact, those who live and work in Chicago have an average commute time of more than half an hour, which is almost 10 minutes more than the national average.
All of those commutes add up. Chicago is eighth
in the nation for traffic congestion. The city
is delayed more than 237,000 hours every year,
with each licensed driver taking on 29 hours of
that wait time. This kind of congestion doesn't
come cheap - over $4.2 million for the city in
road repair and $520 per driver in car repairs
and gas.
With all these cars on the road, it's no wonder
that Chicago racked up 628 car accidents that
resulted in fatalities in a two year period. The
traffic conditions and delays often cause high
amounts of stress in many drivers.
All of this affects car insurance policies, as
well. The insurance companies offer Chicagoans
high premiums for their car insurance policies
because of the high chance of claims. Chicago
was ranked 78th of all cities and communities
in the nation for reported car thefts in 2005
- a total of 43,152 stolen vehicles in that one
year alone.
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Car Insurance Policies in Chicago, IL
Illinois requires all of its residents to have the following insurance coverage:
Remember that these are just the required minimums.
You should opt to purchase more coverage in case
your costs exceed the limits. Should you purchase
extra uninsured motorist bodily injury coverage,
you will also need underinsured motorist bodily
injury coverage.
Chicago Central DMV
100 West Randolph
Concourse Level
Chicago, IL 60601
Tel.: (312) 793-1010
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