Question 1

What is the minimum auto insurance required in Lincoln, Illinois?

Accepted Answer

Illinois requires 25/50/20 liability coverage, which means $25,000 per person for bodily injury, $50,000 per accident, and $20,000 for property damage. You must also carry uninsured motorist coverage with 25/50 limits. However, these minimums often aren't enough to protect your assets in serious accidents, so many experts recommend higher limits.

Question 2

Why is homeowners insurance so expensive in Illinois right now?

Accepted Answer

Illinois homeowners insurance costs jumped 50% between 2021 and 2024, primarily due to severe weather losses from hail and windstorms. Illinois ranks among the top states for hail damage claims, and insurers like State Farm paid more in Illinois hail claims than any state except Texas. Rate increases of 27% or more are expected in 2025 as insurers adjust to these losses.

Question 3

Do I need flood insurance in Lincoln, Illinois?

Accepted Answer

Flood insurance isn't required by law, but it's not covered by standard homeowners policies either. If you live near Salt Creek or in a flood-prone area of Logan County, separate flood insurance through the National Flood Insurance Program or a private carrier is essential. Even if you're not in a high-risk zone, flooding can happen anywhere during severe storms.

Question 4

What is a wind and hail deductible in Illinois?

Accepted Answer

Many Illinois insurers now apply separate wind and hail deductibles, typically 1-5% of your home's insured value, rather than your standard deductible. For a home insured at $200,000 with a 2% wind/hail deductible, you'd pay $4,000 out of pocket after storm damage before insurance coverage begins. This is significantly higher than typical $1,000-$1,500 deductibles for other covered perils.

Question 5

Should I use a local insurance agent in Lincoln or buy online?

Accepted Answer

Local independent agents in Lincoln offer access to multiple insurance carriers and understand Logan County's specific risks like hail damage, flooding, and severe weather patterns. They can shop multiple companies for you, help structure appropriate coverage, and assist with claims when storms hit. While online quotes may seem convenient, local expertise often results in better coverage at competitive prices.

Question 6

Does filing a hail damage claim increase my insurance rates?

Accepted Answer

Storm damage from hail, wind, or tornadoes is considered an Act of God by insurers. Filing a weather-related claim typically won't raise your premiums the same way an at-fault auto accident would. However, multiple claims in a short period could affect your rates or insurability. Always notify your insurer promptly after storm damage and document losses thoroughly with photos.

Insurance Agents in Lincoln, Nebraska (NE)

Insurance agencies serving Lincoln

Brokers Insurance Agency

Copple Insurance Agency, Inc.

Insurance Agents in Lincoln, Nebraska (NE)

Insurance agencies serving Lincoln

Brokers Insurance Agency

Copple Insurance Agency, Inc.

Covenant Insurance Services, LLC

Davidson Insurance Agency, Inc.

Forsyth Insurance Agency

Future First

Nebraska Owner's Insurance

Nebraska Owner’s Insurance Agency

Nicole Johnson Insurance

Ogden Insurance Agency Inc.

Insurance Guides for Lincoln

Insurance in Lincoln, Illinois: Your Complete Guide

Home Insurance in Lincoln, Illinois

Home Insurance in Lincoln

Auto Insurance in Lincoln, Illinois

Car Insurance Costs in Lincoln

Lincoln Insurance Guide

Frequently asked questions