ILLINOIS POISED TO RAISE MINIMUM REQUIRED AUTO INSURANCE

Illinois Review

Illinois motorists who carry the minimum insurance required by law might find themselves paying more for premiums starting in 2015.

The Illinois House passed legislation over the weekend that would raise the minimum liability coverage — insurance that helps pay for injuries to others — to $25,000 for injury or death to one person, up from $20,000. It would also increase minimum coverage to $50,000 for injury or death of two people, up from $40,000.

One legislator estimates that for people currently carrying the minimum amount of liability insurance, it could cost them an extra $75 a year.

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