Cheap Car Insurance in Illinois

Coverage

• Full coverage car insurance: State Farm, $1,098 per year
• Minimum coverage car insurance: State Farm, $480 per year

Cheapest Companies

• Allstate: $3,216 per year
• American Family: $1,319 per year
• Country Financial: $1,076 per year
• Erie: $1,121 per year
• GEICO: $929 per year
• Metromile: $348 per year¹
• Mercury: $1,014 per year
• State Farm: $936 per year
• Travelers: $1,996 per year
• USAA: $1,668 per year²

Driving Record

• Good driving record: GEICO, $587 per year
• Bad driving record: State Farm, $1,079.5 per year

Military

• Current military personnel and veterans: USAA, $1,668 per year

Credit

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

• Excellent credit: $1,264 per year
• Good credit: $1,616 per year
• Average credit: $1,867 per year
• Poor credit: $2,546 per year

• Allstate
• Direct Auto
• State Farm
• USAA

1. Shop around and switch providers: If you’re overpaying for your auto insurance, don’t hesitate to switch insurance providers. First, compare car insurance quotes to see if you can get lower rates. The cheapest car insurance company for you may not be cheap auto insurance to someone else, even within the same state.
2. Opt for usage-based insurance: Quite a few companies, including Metromile and USAA, offer usage-based car insurance. Also known as pay-per-mile insurance, these types of policies utilize telecommunication devices to monitor your driving behavior and mileage and calculate your rate.⁴
3. Raise your deductible: Raising your deductible or your out-of-pocket cost on a claim before your insurance kicks in, can lower your rate.⁵
4. Look for discounts: Many auto insurance providers offer several discounts in various categories, such as discounts for veterans, students, multipolicy holders and safe drivers. You’ll likely qualify for great savings if you demonstrate safe driving by equipping your vehicle with safety devices and completing defensive driving courses as well.

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:

• Bodily injury liability: $25,000 per person and $50,000 per accident
• Property damage liability: $20,000 per accident
• Uninsured motorist coverage: $25,000 per person and $50,000 per accident⁶

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.

Self-Insurance

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.

• Mail:  Secretary of State
  • 213 State Capitol
  • Springfield, IL 62756
• Phone: (800) 252-8980 (Illinois only)
• Website: https://www.dmvusa.com/statelink.php?id=201

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.