Cheapest car insurance in Illinois for 2023

The cheapest car insurance companies in Illinois

Illinois drivers have several options for affordable car insurance, making it considerably less expensive than car insurance rates in other states. The table below includes the cheapest car insurance in Illinois from some of the best car insurance companies in the country.

Cheapest company in Illinois for minimum coverage

Cheapest car insurance in Illinois for full coverage

Cheapest car insurance company for adding a teen driver

Cheapest company for getting a speeding ticket in Illinois

Cheapest company for being in an at-fault accident in Illinois

Cheapest company after a high-risk incident in Illinois

The cheapest car insurance companies in Illinois by coverage level

The average annual rate for car insurance in Illinois is $552 for minimum coverage and $1,806 for full coverage, which includes collision and comprehensive insurance. These rates are below the national averages, which are $622 for minimum and $2,014 for full coverage. Your own rate is likely to vary from the average since it is based on personal factors such as your age, credit rating and marital status, as well as the age and make of your car.

Cheapest cities in Illinois for car insurance

When looking for Illinois car insurance savings, where you live, including your ZIP code, will play a role. If you live in an urban area, for example, where there is frequent traffic congestion and, thus, an increased number of accidents, you may find yourself paying more for your insurance. Drivers in suburban or rural areas may be more likely to find cheap Illinois car insurance. Other factors also impact your rate, however, so even in a city, you may find inexpensive coverage. Here are sample rates in a few Illinois cities for comparison:

Factors that impact cheap rates in Illinois

In addition to your location, several other factors play a primary role in determining what you will pay for low-cost car insurance in Illinois. Your insurer will take all this into account when determining what you will pay for your policy.

Minimum coverage requirements for Illinois drivers

Drivers in Illinois are required to carry at least minimum coverage car insurance, which includes bodily injury and property damage liability coverage, as well as liability coverage for uninsured motorists.

Minimum coverage insurance in Illinois is abbreviated as 25/50/20, which includes:

• $25,000 in bodily injury liability coverage per person
• $50,000 in bodily injury liability coverage per accident
• $20,000 in property damage liability coverage

Purchasing minimum coverage insurance may mean you pay the cheapest rate. However, drivers may want to consider purchasing coverage beyond the minimum requirement for added financial protection. Car accidents can be expensive, and if your policy does not cover the full cost of an accident, you are responsible for paying the rest out-of-pocket.

How to get cheap car insurance in Illinois

If you are looking for cheap auto insurance in Illinois, finding an affordable carrier is important. However, there are several other ways that drivers can get a low rate. Here are some of the most common strategies for saving when purchasing insurance from the best car insurance providers in Illinois:

Shop around 

Instead of settling for the first insurance company you find, consider doing some research to identify a few car insurance companies that have the coverage and discounts you are looking for. Get quotes from several insurance providers and compare them to see which company can offer the lowest-priced policy.

Take advantage of discounts

Look for insurance companies that offer discounts you qualify for. The more discounts you can take advantage of, the cheaper your premium will be. For example, if you can afford to pay your annual premium upfront and in full, you can probably save some money on your policy.

Raise your credit score

In Illinois, car insurance companies will use a version of your credit score — your credit-based insurance score — to price your insurance. If you have a high credit score, you have proven to be good at paying your bills on time and in full. To reward you, your insurer may offer a small discount. Improving your credit score can help you get a lower rate.

Increase your deductible

You may consider raising your deductible if you can afford a higher out-of-pocket cost. The savings may not be significant, but it will lower your premium slightly. Be careful, however, that you don't raise your deductible to a level that would be difficult to pay if you were involved in an accident. One tactic might be to put aside your deductible amount in an interest-bearing account to be used only in the event of an insurance claim.