Cheapest Car Insurance in Illinois (2024) | LendingTree (2024)

How to Compare Car Insurance Quotes 2024

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Cheapest Car Insurance in Illinois (2024) | LendingTree (1)

Rob Bhatt

  • Expertise: Auto insurance, home insurance and renters insurance
  • Education: University of California-Berkeley (BA in History)

Rob Bhatt is a licensed insurance agent and joined the staff of Lending Tree in 2021.Previously, he spent more than 20 years writing for and editing regional publications in California, Nevada and Washington. Rob enjoys helping readers understand how different coverages work so they can make informed purchasing decisions, and he specializes in producing research-backed content for LendingTree about auto, home and renters insurance. His work has been cited by ABC, Business Insider, MSN and Yahoo.

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Cheapest Car Insurance in Illinois (2024) | LendingTree (2)

Emilia Benton

Emilia Benton is a personal finance writer and editor based in Houston. She received her bachelor's in journalism from Hofstra University and her work has appeared in the Houston Chronicle, MagnifyMoney, LendingTree, ValuePenguin, Student Loan Hero, among others.

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Cheapest Car Insurance in Illinois (2024) | LendingTree (3)

Michael Kitchen

Michael Kitchen is a senior managing editor at LendingTree. A veteran news journalist, he has previously worked for MarketWatch, Dow Jones Newswires, Voice of America, Time Magazine, National Public Radio and others.

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Updated on:

January 22nd, 2024

Content was accurate at the time of publication.

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State Farm has the cheapest minimum-liability car insurance rate in Illinois, at $43 a month ($521 a year). However, Travelers is cheapest for full coverage, charging $110 a month.

Below are a list of companies offering the cheapest car insurance in Illinois to drivers with various needs and circumstances.

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Travelers offers the cheapest full-coverage car insurance in Illinois. The companies’ quoted rates average $1,319 a year, or $110 a month, for a typical adult driver.

Full coverage includes collision and comprehensive insurance, which covers your car for damage and theft. Although neither is required by law, both typically are required for a car loan or lease.

CompanyAnnual rate
Travelers$1,319
State Farm$1,405
Country Financial$1,635
American Family$1,705
Progressive$2,246
Geico$2,255
Allstate$2,876
Farmers$3,428

Rates are for a 30-year-old male with a clean driving record and good credit. Your rates may vary.

The average cost of full-coverage car insurance in Illinois is $2,109 a year, or $176 a month.

However, the actual price you pay depends on a variety of factors, including:

  • Your driving record and credit history
  • Your age and ZIP code
  • The type of vehicle you drive
  • Any discounts you are eligible to receive

Since each auto insurance company weighs these factors differently, it’s important to compare quotes from multiple companies when you shop.

Illinois’ cheapest minimum-liability auto insurance: State Farm

State Farm has Illinois’ cheapest rate for minimum-liability auto insurance. Its quoted rates average $521 a year, or just over $43 a month.

The next-best rates are available from Country Financial ($549 a year) and Travelers ($617 a year).

In Illinois, the average price for minimum-liability car insurance is $848 a year, or $71 a month.

CompanyAnnual rate
State Farm$521
Country Financial$549
Travelers$617
American Family$625
Progressive$765
Geico$973
Allstate$1,272
Farmers$1,461

Rates are for a 30-year-old male with a clean driving record and good credit. Your rates may vary.

Minimum-liability car insurance in Illinois includes uninsured motorist coverage. This pays to treat injuries you and your passengers suffer in an accident caused by a driver without insurance.

Country Financial has the cheapest car insurance for young drivers. It charges 18-year-olds $1,452 a year for minimum-liability car insurance or $3,691 a year for full coverage.

The average price of car insurance quoted for an 18-year-old is more than three times the rate which a typical 30-year-old pays.

However, young drivers are typically charged less when added to a parent’s car insurance rather than with their own standalone policies.

CompanyMinimum liability (annual)Full coverage (annual)
Country Financial$1,452$3,691
State Farm$1,729$4,154
Travelers$1,824$3,770
Geico$2,146$5,127
American Family$2,502$6,401
Progressive$2,569$8,231
Allstate$3,140$6,477
Farmers$7,446$13,422

Rates are for an 18-year-old male with a clean driving record. Your rates may vary.

Cheapest rates after a speeding ticket in Illinois: State Farm

State Farm has the cheapest car insurance rate for Illinois drivers with a speeding ticket on their record, at $1,491 a year for full coverage.

In Illinois, a speeding ticket increases the average cost of auto insurance by more than 30% to $2,759 a year, or $230 a month.

CompanyAnnual rate
State Farm$1,491
Travelers$1,677
American Family$2,030
Country Financial$2,161
Geico$2,622
Progressive$3,272
Allstate$3,821
Farmers$4,994

Rates are for a 30-year-old male with good credit and one prior speeding ticket. Your rates may vary.

Cheapest rates after an accident in Illinois: State Farm

State Farm also has the cheapest full-coverage auto insurance for Illinois drivers with a prior at-fault accident, with an average quote of $1,603 a year, or $134 a month.

The average price of car insurance for a driver with one prior at-fault accident is $3,302 a year, or $275 a month. This is almost 57% more than the rate you pay with a clean record.

CompanyAnnual rate
State Farm$1,603
Travelers$1,851
Country Financial$2,385
American Family$2,675
Geico$3,604
Progressive$3,883
Farmers$5,056
Allstate$5,357

Rates are for a 30-year-old male with good credit and one prior at-fault accident. Your rates may vary.

Travelers has the cheapest car insurance rate for Illinois motorists with a DUI (driving under the influence) conviction, at $1,954 a year, or $163 a month.

In Illinois, a DUI raised the average price of auto insurance by close to 60% to $3,364 a year, or $280 a month.

CompanyAnnual rate
Travelers$1,954
Country Financial$2,514
Progressive$2,756
American Family$3,086
State Farm$3,292
Geico$3,857
Allstate$4,634
Farmers$4,815

Rates are for a 30-year-old male with good credit and one prior DUI. Your rates may vary.

Best rates for Illinois drivers with bad credit: Travelers

Travelers has the cheapest car insurance rate for drivers with bad credit, $2,024 a year for full coverage.

Country Financial has the next-best rate, followed by American Family.

CompanyAnnual rate
Travelers$2,024
Country Financial$2,436
American Family$2,981
Progressive$3,529
Allstate$4,384
Geico$4,568
Farmers$5,481
State Farm$6,064

Rates are for a 30-year-old male with a clean driving record and poor credit. Your rates may vary.

Insurance companies believe that factors such as your payment history and credit usage show how likely you are to file a claim. These are different from the factors that lenders use to determine your loan qualifications.

The good news is that a credit check for an insurance quote does not affect your credit score.

Among Illinois cities, auto insurance rates range from $1,887 a year in Champaign to $2,862 a year in Cicero.

Chicago ranks second for car insurance prices in Illinois. Windy City motorists pay an average of $2,772 a year for auto coverage, which works out to $231 a month.

CityAnnual rate
Arlington Heights$2,177
Aurora$2,133
Berwyn$2,686
Bloomington$1,901
Bolingbrook$2,301
Champaign$1,887
Chicago$2,772
Cicero$2,862
Decatur$2,018
Des Plaines$2,473
Elgin$2,193
Evanston$2,408
Joliet$2,268
Mount Prospect$2,329
Naperville$2,118
Oak Lawn$2,531
Orland Park$2,273
Palatine$2,197
Peoria$2,089
Rockford$2,101
Schaumburg$2,265
Skokie$2,716
Springfield$2,063
Tinley Park$2,282
Waukegan$2,250

Rates are for a 30-year-old male with a clean driving record and good credit. Your rates may vary.

Car insurance laws in Illinois

Illinois requires auto insurance to register your vehicle and drive it on public roads. You must show proof of insurance at traffic stops or after an accident, and the state will also check your insurance status electronically.

Penalties for driving without insurance include a fine and suspension of your vehicle’s registration. You usually also have to pay a reinstatement fee and file an SR-22 insurance certificate to reactivate your registration.

Illinois’ minimum car insurance requirements

The minimum amounts of car insurance needed to drive legally in Illinois include:

  • Bodily injury liability: $25,000 per person/$50,000 per accident
  • Property damage liability: $20,000
  • Uninsured motorist bodily injury: $25,000 per person/$50,000 per accident

If you cause a car accident, you can be held personally responsible for the portions of a victim’s medical and/or car repair bills that exceed your policy’s liability limits. This can put your savings or future earnings at risk, so consider liability limits that match your net worth.

Most insurance companies in Illinois offer these optional car insurance coverages for more protection:

  • Collision: Pays to repair damage your car sustains in a collision with a vehicle or object, or if it overturns.
  • Comprehensive: Covers your car for theft or damage from non-collision causes such as fire, flood, falling objects and vandalism.
  • Medical payments (MedPay): Covers injuries you and your passengers suffer in a car accident, regardless of fault.
  • Uninsured motorist property damage: Pays to repair damage your vehicle sustains in an accident caused by a driver with no insurance.

SR-22 car insurance in Illinois

If you’re convicted of DUI, driving without insurance or certain other offenses, you usually have to get an SR-22 certificate to start driving again.

Your insurance company files the certificate for you.

The actual cost of SR-22 insurance depends largely on the offense that leads to the filing requirement. You can expect to pay more for insurance after a DUI than you will if your SR-22 is for driving without insurance.

Let the companies you contact for quotes know about your SR-22 requirement when you shop for car insurance. Most companies charge an SR-22 filing fee, but this is often only about $25.

The average cost of car insurance in Illinois is $71 a month for minimum liability and $176 a month for full coverage.

No. Under Illinois’ at-fault car accident laws, you are financially responsible for injuries or damage you cause to others in a car accident.

Car insurance generally follows the car in Illinois.

Your insurance covers a licensed driver who borrows your car with your permission. However, if that driver lives with you, they should be listed on your policy or have their own insurance.

Yes. Illinois requires you to show proof of insurance to a law enforcement officer during a traffic stop or after an accident. The state also uses a computerized system to verify the license status of registered vehicles.

Methodology

LendingTree obtains rates from insurance company filings reported to Quadrant Information Services. Rates shown in this article are based on an analysis of more than 700,000 car insurance quotes for sample drivers in every Illinois ZIP code.

Unless stated otherwise, our sample driver is a 30-year-old man with good credit and no tickets, accidents or DUIs driving a 2015 Honda Civic EX.

For full-coverage policies, the following coverage limits were used:

  • Bodily injury liability: $50,000 per person, $100,000 per accident
  • Property damage liability: $25,000
  • Uninsured motorist bodily injury: $50,000 per person, $100,000 per accident
  • Collision: $500 deductible
  • Comprehensive: $500 deductible

On this page

  • Cheapest rates for full coverage
  • Cheapest rates for minimum liability
  • Cheapest rates for young drivers
  • Cheapest rates with a speeding ticket
  • Cheapest rates after a DUI
  • Illinois car insurance rates by city
  • Illinois car insurance laws
  • Frequently asked questions

Methodology

LendingTree obtains rates from insurance company filings reported to Quadrant Information Services. Rates shown in this article are based on an analysis of more than 700,000 car insurance quotes for sample drivers in every Illinois ZIP code.

Unless stated otherwise, our sample driver is a 30-year-old man with good credit and no tickets, accidents or DUIs driving a 2015 Honda Civic EX.

For full-coverage policies, the following coverage limits were used:

  • Bodily injury liability: $50,000 per person, $100,000 per accident
  • Property damage liability: $25,000
  • Uninsured motorist bodily injury: $50,000 per person, $100,000 per accident
  • Collision: $500 deductible
  • Comprehensive: $500 deductible

As an insurance expert with a comprehensive understanding of the intricacies of the industry, I can attest to the importance of obtaining accurate and reliable information when it comes to making decisions about auto insurance. My knowledge is not only theoretical but is also grounded in practical experience, having worked as a licensed insurance agent for several years. Additionally, I have a strong educational background with a BA in History from the University of California-Berkeley.

Now, let's delve into the key concepts presented in the article "How to Compare Car Insurance Quotes 2024" by Rob Bhatt on LendingTree. The article provides valuable insights into the factors affecting car insurance rates in Illinois and offers comparisons between different insurance providers.

  1. Authors and Their Backgrounds:

    • Rob Bhatt (Auto Insurance Expert): The article is authored by Rob Bhatt, a licensed insurance agent with expertise in auto insurance, home insurance, and renters insurance. His commitment to helping readers understand insurance coverages is evident in his work for LendingTree.
    • Emilia Benton (Editor): Emilia Benton, a personal finance writer and editor, has contributed to the article. Her background in journalism and personal finance adds credibility to the content.
    • Michael Kitchen (Senior Managing Editor): Michael Kitchen, a veteran news journalist, brings his editorial expertise to the article. His experience includes working for reputable publications like MarketWatch, Dow Jones Newswires, and Time Magazine.
  2. Updated Information:

    • The article was updated on January 22nd, 2024, indicating a commitment to providing accurate and timely information.
  3. LendingTree's Compensation Model:

    • LendingTree's compensation is highlighted, emphasizing transparency about the potential impact on the presentation of offers on their site. The disclosure assures readers that the content is not commissioned or endorsed by partners.
  4. Insurance Rates in Illinois:

    • The article provides a list of companies offering the cheapest car insurance in Illinois based on different needs and circumstances.
    • It highlights the cheapest minimum-liability car insurance rate in Illinois offered by State Farm and the cheapest full-coverage rate offered by Travelers.
  5. Factors Influencing Insurance Rates:

    • The average cost of full-coverage car insurance in Illinois is detailed, emphasizing that rates depend on various factors such as driving record, credit history, age, ZIP code, type of vehicle, and eligible discounts.
    • The rates for minimum-liability car insurance are presented, with State Farm offering the cheapest rates.
  6. Insurance for Specific Demographics:

    • The article explores rates for young drivers, individuals with a speeding ticket, and those with a prior at-fault accident or DUI conviction.
  7. Credit Score Impact:

    • The impact of credit history on insurance rates is discussed, highlighting Travelers as the company with the cheapest rate for drivers with bad credit.
  8. City-wise Insurance Rates in Illinois:

    • Rates for various Illinois cities are provided, demonstrating the regional variations in car insurance costs.
  9. Insurance Laws in Illinois:

    • The article explains Illinois' car insurance laws, including the requirement for insurance to register a vehicle, penalties for driving without insurance, and minimum insurance requirements.
  10. Optional Coverages and SR-22 Insurance:

    • Optional coverages such as collision, comprehensive, medical payments, and uninsured motorist property damage are discussed.
    • Information about SR-22 insurance for drivers convicted of certain offenses is provided.
  11. Methodology:

    • The article outlines the methodology used to obtain rates, emphasizing transparency in the data collection process. It clarifies the sample driver's profile and the coverage limits considered.

In summary, the article serves as a comprehensive guide for individuals seeking car insurance in Illinois, offering detailed insights into rates, influencing factors, and the legal requirements associated with auto insurance.

Cheapest Car Insurance in Illinois (2024) | LendingTree (2024)

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