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Best car insurance in Illinois for 2024
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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Best car insurance companies in Illinois
Based on proprietary data provided by Quadrant Information Services, Bankrate's choices for the best car insurance companies in Illinois are Geico, Auto-Owners, Travelers, Erie and Mercury. Nearly all these companies offer average rates below the annual Illinois averages of $2,135 for full coverage and $610 for minimum coverage.
In addition to evaluating average rates, Bankrate looked at other indicators of quality, including scores from the J.D. Power 2024 U.S. Auto Insurance Study for customer satisfaction, AM Best financial strength ratings and product-specific company complaint indexes from the National Association of Insurance Commissioners (NAIC). We assessed coverage options, potential discounts and digital tools to provide a holistic view of each carrier's strengths and weaknesses.
|
|
|
|
---|---|---|---|
4.4
|
$1,337
|
$359
|
|
4.3
|
$1,674
|
$442
|
|
4.2
|
$1,227
|
$420
|
|
4.0
|
$1,599
|
$740
|
|
3.8
|
$1,316
|
$365
|
Geico
Best for discount opportunities
4.4
4.4
Avg. full coverage premium
$111/mo
Avg. full coverage premium
$1,337/yr
Customer satisfaction
641/1,000
-
Why Geico made our list: If budget is your primary concern, Geico might be a good auto insurance company for you. The company offers low average premiums for full and minimum coverage, plus a suite of potential discounts that might help you save even more. You could earn a discount for being a member of the military, a safe driver, a federal employee or if your vehicle has specific safety features. Geico’s lengthy list of discounts, digital policy management tools for Android and Apple devices and low average rates make it one of the best budget auto insurance companies. It should be noted that it did score below average in J.D. Power’s 2024 U.S. Insurance Digital Experience Survey for service, suggesting that policyholders did not always find it easy to manage their policies online. Additionally, Geico’s policies are relatively basic. If you prioritize policy personalization, you may want to consider other providers.
Auto-Owners
Best for local agents
4.3
4.3
Avg. full coverage premium
$140/mo
Avg. full coverage premium
$1,674/yr
Customer satisfaction
646/1,000
-
Why Auto-Owners made our list: Auto-Owners offers customizable auto coverage through a statewide network of local, independent agents. To get an Auto-Owners insurance policy, you must work with an agent in your area as online policy purchasing is not available. Auto-Owners offers standard auto insurance coverage types plus several endorsements, including diminished value coverage and gap insurance. Auto-Owners offer below-average rates for Illinois drivers plus potential discounts for paid-in-full, multi-policy, students and more.
Travelers
Best for customizable coverage
4.2
4.2
Avg. full coverage premium
$102/mo
Avg. full coverage premium
$1,227/yr
Customer satisfaction
606/1,000
-
Why Travelers made our list: In addition to reasonable average rates, Travelers offers a range of endorsements for policyholders, such as new car replacement and ridesharing coverage. Travelers offers two accident forgiveness options, one of which may gain you credit toward your deductible. Travelers may particularly appeal to hybrid or electric vehicle drivers, as it offers a potential discount for these green vehicles. You might also save with Travelers if you buy a new car, get an early quote or own your home. However, Travelers scored below average in the North Central region of the 2024 J.D. Power Auto Insurance Study.
Erie
Best for customer service
4
4
Avg. full coverage premium
$133/mo
Avg. full coverage premium
$1,599/yr
Customer satisfaction
710/1,000
-
Why Erie made our list: With the highest customer satisfaction rating in the North Central region of the J.D. Power 2024 U.S. Auto Insurance Study, you may want to request a quote from Erie if you’re looking for a car insurance company that provides excellent service. Additionally, AM Best granted Erie an A+ (Superior) rating for financial stability, which indicates strong historical performance in paying out claims. Although Erie earned a third place ranking from J.D. Power in the 2024 Digital Experience Survey in the shopping category, it scored below average for service, so it may not be the best choice for those who prefer to manage their policy digitally through the website or a mobile app.
Mercury
Best for rideshare coverage
3.8
3.8
Avg. full coverage premium
$110/mo
Avg. full coverage premium
$1,316/yr
Customer satisfaction
Not rated
-
Why Mercury made our list: Along with offering affordable average premiums, Mercury may also be a good choice for rideshare drivers. Not all Illinois car insurance companies offer rideshare insurance, but Mercury may be able to provide this coverage for less than a dollar a day. Mercury was not scored in the North Central region of the 2024 J.D. Power Auto Insurance Study, and its results in the 2023 J.D. Power Claims Satisfaction Study were poor. Mercury does have some fairly unique discounts for budget-conscious shoppers, including potential savings for low-mileage drivers, safety features and bundling.
How Bankrate chose the best car insurance companies in Illinois
Using proprietary rate data provided by Quadrant Information Services, Bankrate determined which companies may offer the cheapest auto insurance in Illinois for both full and minimum coverage policies. In addition to competitive average rates, we reviewed other essential factors such as J.D. Power customer satisfaction scores, AM Best financial strength ratings, mobile accessibility and coverage add-ons. Using this information, we issued each company a Bankrate Score, ranging from 0.0 to 5.0 (with 5.0 being the highest score possible). Our goal is to give shoppers the information they need to have a holistic view of Illinois’ best car insurance companies.
Why you can trust Bankrate
Read our full methodologyTo help Illinois drivers find the best car insurance, Bankrate’s insurance editorial team reviewed some of the largest insurers by market share. We based our picks on a well-rounded analysis of several metrics related to each company.
46
years of industry expertise
122
carriers reviewed
34.5K
ZIP codes examined
1.2M
quotes analyzed
How to find the best car insurance in Illinois
The best car insurance company will vary from driver to driver. Some Illinois motorists value paying via a mobile app or diverse coverage options while others are looking for the cheapest premium available. Regardless of your preferences, the steps below may help you find the best car insurance in Illinois for your lifestyle and coverage needs.
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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
How much is car insurance in Illinois?
The national average cost of car insurance in the U.S. is $2,458 annually for a full coverage policy, whereas the average cost for full coverage in Illinois is $2,135 per year. The average minimum coverage policy in Illinois costs $610 per year. However, your rates will vary based on your individual rating factors and chosen company.
Regionally, average Illinois rates are generally in line with other states in the Midwest. Missouri drivers, for instance, pay an average of $3,236 annually for full coverage, slightly above Illinois' rates. However, average rates in Indiana are much lower, averaging $1,726 per year for a full coverage policy. Although lower than the national average, Illinois rates may be higher than some neighboring states due to the increased risk of driving in the Chicago metropolitan area, a huge population center for the state.