Find out which car insurance provider in Illinois offers the lowest rates.
According to the National Association of Insurance Commissioners (NAIC), auto insurance costs in Illinois are 13 percent lower than in the rest of the country. On top of that, Illinois residents pay roughly 3 percent lower for car repairs than people across the nation at an average repair cost of $379.23, according to 2022 CarMD State Repair Cost Rankings.
That said, many people find that they still overpay for their insurance policies. To get the cheapest rates in Illinois, you’ll need to explore discounts for driving safely, having multiple vehicles and bundling policies. You’ll also need to get quotes from multiple providers as pricing is based on many factors, like your ZIP code and driving history. Continue reading to find the cheapest auto insurance in Illinois.
Auto insurance companies in Illinois can use credit score, among other factors, to determine your insurance premium. However, companies cannot use your credit score as the sole basis for denying you insurance or raising your premium.3
If you drive fewer miles than the average driver, consider opting for a usage-based or a “pay-per-mile” insurance policy.
As a driver who needs car insurance in Illinois, there are a few different coverages you are required to have. Below is a rundown of the minimum requirements for coverage in Illinois:
As an at-fault state, Illinois holds at-fault drivers responsible for the property damage and injury expenses of the other party. Liability insurance covers only damages and injuries to other parties and does not cover your own expenses associated with vehicle repairs or bodily injuries.
Furthermore, the minimum amount of each type of required coverage may not be enough to pay for all of the expenses after a car accident. For example, an accident you cause may result in property damage that exceeds the $20,000 minimum, leaving you to pay for the remaining cost out of pocket. Therefore, we recommend that you consider raising your liability limits and adding comprehensive, collision and medical payment coverage to your policy.
Comprehensive coverage provides protection against non-collision incidents, such as vandalism, theft and weather-related damage. Meanwhile, collision coverage provides coverage for damages caused by collisions with other vehicles or objects. Finally, medical payments coverage will cover the cost of your and your passengers’ injuries, regardless of who is at fault for the accident.
If you have more than 25 vehicles, you may qualify as a self-insurer if you can obtain a certificate of self-insurance from the director of the Department of Insurance. The director will determine whether you are financially capable of covering the cost of claims that a minimum coverage policy from an insurance company would cover.
There’s no way to work around Illinois’ at-fault system or its mandatory liability and uninsured motorist coverage requirements. Therefore, learning about the ways to save and the cheapest providers in the state may help you secure the lowest rates. Read through the frequently asked questions below to continue learning more about the cost of car insurance in Illinois.
Generally, car insurance rates peak for customers under 20 years old due to this age group having fewer years of driving experience and increased numbers of at-fault accidents. Here are the average rates for Illinois drivers by age:
Age | The average cost of car insurance per year in Illinois |
---|---|
16 | $4,372 |
17 | $3,903 |
18 | $3,530 |
19 | $3,000 |
20s | $2,232 |
30s | $1,425 |
40s | $1,338 |
50s | $1,243 |
60s | $878 |
70s | $1,512 |
If you drive without car insurance in Illinois, you will likely face fines and license suspension, according to the Illinois Secretary of State.
Offense number | Fine amount | Length of license suspension in months | Reinstatement fee |
---|---|---|---|
1 and 2 | $500- $1,000 | 3 | $100 |
3 and subsequent | $1,000 plus court costs | 3 | $100 |
According to the most recent 2020 data from the NAIC, the average monthly cost of car insurance in Illinois is $76.
Save up to 47% with Illinois pay-per-mile car insurance. Metromile. (2023).
https://www.metromile.com/pay-per-mile-car-insurance/illinois/
From Chicago to Belleville, get the auto coverage you need in Illinois. USAA. (2023).
https://www.usaa.com/inet/wc/illinois-car-insurance
Illinois Compiled Statutes. Illinois General Assembly. (2023).
https://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=2468&ChapterID=22
How does usage-based car insurance work? Illinois Insurance Association. (2023).
https://www.illinoisinsurance.org/consumers/news-updates/how-does-usage-based-car-insurance-work
What is a car insurance deductible? Progressive. (2023).
https://www.progressive.com/answers/car-insurance-deductible/
Auto Insurance Shopping Guide. Illinois Department of Insurance. (2023).
https://idoi.illinois.gov/consumers/consumerinsurance/auto-insurance-shopping-guide.html