Cheapest Car Insurance In Illinois For 2024
Mercury is known for its dependable and competitively priced minimum coverage auto insurance in Illinois, priced at $30 per month.
We’ve saved shoppers an average of $600 per year on their car insurance.
Searching for affordable car insurance in Illinois may seem daunting, but it’s achievable. Mercury, a trusted name in insurance, offers competitive pricing and a variety of coverage levels, from basic to full protection. With living costs on the rise, finding insurance that fits your budget is essential.
Whether you’re new to driving, commute often, or have a family and want to reduce costs, understanding how rates are determined and where to find the best deals can make all the difference. With over a decade of research in the industry, this guide will help you navigate your insurance options in Illinois.
Cheapest Car Insurance Companies In Illinois, 2024
Our Methodology
During my research, I employed a systematic method to gather and analyze information on various car insurance providers and their policies. I started by identifying essential aspects to investigate, such as coverage options, pricing, customer satisfaction, and financial stability. Next, I sourced data from credible outlets such as insurance company websites, consumer reviews, and industry analyses. Once compiled, I organized the data into categories and evaluated each insurer based on predefined criteria. This process included comparing coverage options, premium rates, discounts, and customer feedback to assess the strengths and weaknesses of each provider.
Quotes Assessed
Hours Of Research
Years Of Industry Expertise
Brands Reviews
Cheapest Car Insurance In Illinois For Minimum Coverage
In Illinois, Mercury offers the most competitive rates for basic auto insurance, starting at $30 monthly.
| Provider | Average Monthly Cost | Average Annual Cost |
| Westfield | $32 | $378 |
| Mercury | $30 | $358 |
| Geico | $31 | $376 |
| American Family | $37 | $449 |
| Auto-Owners | $38 | $450 |
Illinois requires drivers to carry minimum car insurance to drive legally, typically including liability coverage for bodily injury and property damage. Bodily injury liability covers medical expenses and legal costs if you cause an accident that injures others, while property damage liability pays for repairing or replacing others’ property or vehicles that you damage. These coverage minimums are set by state law and can vary based on your driving record or vehicle type. It’s essential to know these requirements to ensure sufficient financial protection.
Cheapest Car Insurance In Illinois For Full Coverage
Drivers in Illinois can secure cost-effective full coverage car insurance from American Family, with average monthly premiums as low as $66.
| Provider | Average Monthly Cost | Average Annual Cost |
| American Family | $66 | $792 |
| Erie | $97 | $1,162 |
| Progressive | $107 | $1,289 |
| State Farm | $114 | $1,363 |
| Allstate | $115 | $1,375 |
Drivers in Illinois can choose full coverage car insurance, which not only meets the state’s minimum liability requirements but also includes additional protections such as collision and comprehensive coverage. Collision coverage covers the cost of repairing your car after an accident, regardless of fault, while comprehensive coverage protects against non-accident-related damages like theft or fire. Opting for full coverage offers financial security and peace of mind, preparing you for various risks. It’s essential to review policy details, including coverage limits and deductibles, to ensure it meets your needs adequately.
Cheapest Car Insurance In Illinois For Drivers With Poor Credit
Country Financial is well-regarded in Illinois for its affordable insurance rates targeted at drivers with low credit scores, averaging $110 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Country Financial | $110 | $1,318 |
| Geico | $181 | $2,172 |
| Erie | $199 | $2,388 |
| Auto-Owners | $227 | $2,724 |
| State Farm | $260 | $3,118 |
Car insurance rates in Illinois are influenced by credit scores, with lower scores often translating to higher premiums. Insurers use credit history to evaluate risk, viewing drivers with poor credit as more prone to making claims. Despite these challenges, such drivers can manage costs by comparing insurance quotes and seeking out discounts.
Cheapest Car Insurance In Illinois For Seniors
Illinois seniors can opt for American Family, which offers a budget-conscious solution at $60 per month on average.
| Provider | Average Monthly Cost | Average Annual Cost |
| American Family | $60 | $718 |
| Auto-Owners | $63 | $751 |
| Country Financial | $67 | $801 |
| Travelers | $74 | $883 |
| Geico | $74 | $883 |
Car insurance premiums are often lower for older drivers, who are typically seen as more experienced and careful. Since many seniors drive less, they face a lower accident risk. Insurers may provide age-based discounts and additional savings for seniors who complete a defensive driving course to promote safer driving.
Cheapest Car Insurance In Illinois For Young Drivers
Car insurance rates for young adults in Illinois are typically more affordable than for teens. This is due to their safer driving habits, which lead to fewer accidents and claims. Insurers reward young adults by offering lower premiums based on their improved safety records.
Cheapest Illinois Car Insurance For 16-Year-Olds
Country Financial provides competitive pricing for sixteen-year-olds, with an average monthly fee of $380.
| Provider | Average Monthly Cost | Average Annual Cost |
| Erie | $448 | $5,376 |
| Geico | $463 | $5,555 |
| AAA | $646 | $7,748 |
| Country Financial | $380 | $4,557 |
| Auto-Owners | $409 | $4,902 |
Cheapest Illinois Car Insurance For 17-Year-Olds
For seventeen-year-olds, Country Financial offers the most cost-effective insurance rates, averaging $385.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $420 | $5,031 |
| Erie | $434 | $5,206 |
| Geico | $442 | $5,304 |
| Country Financial | $385 | $4,618 |
| Travelers | $402 | $4,819 |
Cheapest Illinois Car Insurance For 18-Year-Olds
Country Financial offers the cheapest insurance premiums for 18-year-olds, typically $360 each month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Geico | $421 | $5,049 |
| Auto-Owners | $427 | $5,120 |
| Erie | $428 | $5,132 |
| Country Financial | $360 | $4,321 |
| Travelers | $365 | $4,379 |
Cheapest Illinois Car Insurance For 21-Year-Olds
Travelers offers 21-year-olds insurance at an average of $216 per month, making it a cost-effective option.
| Provider | Average Monthly Cost | Average Annual Cost |
| Country Financial | $284 | $3,409 |
| AAA | $366 | $4,386 |
| Erie | $376 | $4,505 |
| Travelers | $216 | $2,593 |
| Geico | $283 | $3,395 |
Cheapest Car Insurance In Illinois For Good Drivers
At an average of $66 per month, American Family provides the most cost-effective insurance for safe drivers in Illinois.
| Provider | Average Monthly Cost | Average Annual Cost |
| American Family | $66 | $792 |
| Erie | $97 | $1,162 |
| Progressive | $107 | $1,289 |
| State Farm | $114 | $1,363 |
| Allstate | $115 | $1,375 |
The price of car insurance for safe drivers in Illinois can change based on their driving history, age, and desired coverage. Generally, those with a clean driving record may qualify for lower premiums because insurers consider them less risky. They may also qualify for discounts for maintaining a good driving record over time. Safe drivers are encouraged to compare quotes from multiple insurers to find competitive rates and coverage options that align with their needs.
Cheapest Car Insurance In Illinois For Drivers With Prior Incidents
In Illinois, individuals who have a record of accidents, speeding tickets, or DUIs often find it hard to access cost-effective car insurance. These incidents classify them as high-risk by insurers, leading to increased premiums to cover expected claims. This problem is especially prominent in Illinois due to its high rate of traffic accidents. Insurers base their pricing strategies on statistical analyses that demonstrate a correlation between previous driving incidents and a greater likelihood of future claims.
Cheapest Car Insurance In Illinois For Drivers With A Speeding Ticket
The Hanover is known for its affordability, especially for drivers with speeding tickets, with average premiums of $369.
| Provider | Avg. Annual Min Coverage Premium | Avg. Annual Full Coverage Premium |
|
Secura
|
$453 | $1,188 |
| First Chicago | $468 | $2,875 |
| Mercury | $533 | $1,871 |
|
The Hanover
|
$369
|
$1,677
|
|
Geico
|
$428
|
$1,627
|
Cheapest Car Insurance In For Drivers With An At-Fault Accident
Drivers who’ve received speeding tickets can benefit from Secura’s affordable rates, with premiums averaging around $462.
| Provider | Avg. Annual Min Coverage Premium | Avg. Annual Full Coverage Premium |
|
Hastings Mutual
|
$476 | $1,207 |
| Geico | $571 | $2,198 |
| The Hanover | $574 | $2,357 |
|
Secura
|
$462
|
$1,247
|
|
First Chicago
|
$468
|
$2,875
|
Cheapest Car Insurance In Illinois For Drivers After A DUI
The Hanover leads with an average $477 premium, making it the best financial pick for DUI-affected drivers
| Provider | Avg. Annual Min Coverage Premium | Avg. Annual Full Coverage Premium |
|
Progressive
|
$667 | $2,284 |
| Mercury | $672 | $2,375 |
| First Chicago | $827 | $5,172 |
|
The Hanover
|
$477
|
$2,199
|
|
Travelers
|
$634
|
$1,852
|
Average Cost Of Car Insurance In Illinois
Average Cost In Illinois- By Age
| Age | Average Monthly Cost | Average Annual Cost |
| 16 | $479 | $5,748 |
| 17 | $478 | $5,738 |
| 18 | $486 | $5,830 |
| 19 | $472 | $5,659 |
| 21 | $375 | $4,499 |
| 25 | $279 | $3,346 |
| 35 | $256 | $3,074 |
| 45 | $219 | $2,622 |
| 55 | $201 | $2,408 |
| 65 | $203 | $2,431 |
| 75 | $244 | $2,924 |
Average cost in Illinois- By gender & marital status
| Gender | Marital Status | Average Annual Cost |
| Female | Single | $1,100 |
| Male | Single | $1,110 |
| Female | Married | $1,000 |
| Male | Married | $1,050 |
Average Cost In Illinois- By Credit Tier
| Credit Tier | Average Monthly Cost | Average Annual Cost |
| Excellent | $96 | $1,160 |
| Good | $118 | $1,426 |
| Fair | $150 | $1,804 |
| Poor | $184 | $2,218 |
Cheapest Car Insurance In Illinois By City:
| City | Average Monthly Cost | Average Annual Cost |
| Cicero | $257 | $3,074 |
| Elgin | $174 | $2,083 |
| Normal | $155 | $1,860 |
| Bolingbrook | $187 | $2,240 |
| Chicago | $278 | $3,327 |
Minimum Car Insurance Requirement In Illinois
Car insurance is mandatory for Illinois drivers, who must carry at least the minimum liability coverage of 25/50/20—$25,000 per person, $50,000 per accident, and $20,000 for property damage. Uninsured/underinsured coverage is also required at $25,000 per person and $50,000 per accident. PIP is optional to help with medical and wage expenses, though some drivers can use the HIP option if their health insurance qualifies.
Car Insurance Discounts In Illinois
Exploring car insurance discounts can help reduce your premiums. Your agent might find additional savings too. Here are some popular options:
- Safe Driver Discount: For those with a clean driving record.
- Multi-Vehicle Discount: Insuring multiple cars together can lower costs.
- Bundling Discount: Combine car insurance with other policies to save.
- Good Student Discount: Students with high grades may qualify for discounts.
- Defensive Driving Discount: Completing a defensive driving course can lead to a reduced premium.
FAQs
How much is car insurance a month in Illinois?
Monthly car insurance fees in Illinois are variable, affected by elements like age, driving history, and selected coverage.
What is the minimum car insurance one must have in Illinois?
Drivers in Illinois must have car insurance that offers liability coverage for bodily injury and property damage, along with optional Personal Injury Protection (PIP).
Which insurance is better in Illinois?
Deciding on the best insurance in Illinois is based on individual preferences, coverage requirements, and driving styles. It’s smart to compare rates from several insurers to find the best option.
Sources
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