The cost of auto coverage is important to many, therefore getting as many quotes as possible before purchasing a policy is an absolute must in order to find a good deal. Unfortunately, many individuals base their decision simply on price and not the actual company that they are going to be insured with. Sure everyone would like to pay the cheapest rate possible but being covered by the wrong company at a cheap price can come with some serious consequences.

Some helpful tips when shopping for car insurance provided by the Illinois Department of Insurance are to look into the companies as well as compare pricing. One should check a company’s complaint ratio. Most state’s website offers a list of complaint information in order to help residents steer clear of carriers who use bad business practice. Also check financial stability; if a company is suffering financially they may not be able to payout claims which can leave their customers in a really bad position.

Make sure the insurer is licensed in the state as well. Unlicensed providers do not have to comply with the state’s laws or take part in the Guaranty Fund which protects the insured if a carrier goes under. By following the above mentioned tips, this can help ensure that one is covered by a reliable provider as well as find an affordable rate.