Illinois Nonstandard Auto Insurance
You have to insure your vehicle, and when doing so, your insurer will take a close look at the potential risk factors that you will pose to them. Drivers who have the highest likelihood of costing the insurer a lot of money are more likely to be classified as high-risk drivers, and as a result, they might have to buy nonstandard auto insurance.
Here at Hanway Insurance, we believe in going the extra mile for every customer. Just because you’re a high-risk driver who needs nonstandard auto insurance, that doesn’t mean you should be limited to the plans available to you. We work with greater Chicago drivers to ensure that they get the policy that is perfect for them. So, choose us and make your search for quality auto insurance benefits an easy one.
Keep reading to learn more, or call us at (708) 874-6000 or request your free auto insurance quote
Common Nonstandard Auto Insurance Questions:
When auto insurers agree to issue policies, they review applicants’ driving history, insurance history and other risk factors to determine the likelihood of a policyholder costing them money. Those drivers who have the highest likelihood of filing claims are often placed into a high-risk pool, which means that they may be required to purchase a nonstandard auto insurance policy.
You might be required to get a nonstandard policy if:
You have a high number of accidents, tickets or other traffic violations on your record.
You are required to obtain an SR-22 certificate.
Factors like these show insurers that you have a history of mistakes behind the wheel, and that you have a high risk of filing claims on the policy you carry. Consequently, an insurer may require you to purchase a nonstandard auto policy.
Usually, there is very little difference between a standard and nonstandard policy, aside from cost. Nonstandard policies are only offered to a pool of drivers who have the highest risks of causing severe problems behind the wheel and costing the insurer money. Because of the high risks associated with these drivers, the premiums on nonstandard policies are often much higher, and not all standard insurers offer a nonstandard insurance option to their plan participants.
Nonstandard auto insurance policies usually offer all of the benefits of a standard plan, including:
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 person in an accident.
$20,000 for damage to property of another person.
You are highly encouraged to purchase more coverage than just the minimum limits. Speak to your agent to learn which nonstandard policy option in our carrier network will offer you the best balance of both coverage and cost.
Because nonstandard auto insurance is often the most expensive insurance risk pool on the market, we understand that you might be concerned with it comes to getting a fair price for your plan. Our agents are committed to helping you still maximize your savings capabilities despite a high-risk designation. We will work with you throughout the life of your plan to ensure that it remains affordable.