Best car insurance in Illinois in 2021
Bankrate’s analysis of the best car insurance companies in Illinois revealed USAA as the top provider, followed closely by Geico and Auto-Owners. The average cost of full coverage car insurance in Illinois is $1,485 per year, coming in nearly $200 cheaper than the national average full coverage premium of $1,674 per year, according to Bankrate’s review of quoted annual premiums.
The best car insurance in Illinois will vary for each policyholder. Some drivers may value a seamless mobile app experience and top-notch customer service, while others may be looking for the cheapest car insurance in Illinois. Bankrate’s editorial team weighed each of these factors and more to provide you with a shortlist of the best car insurance providers in The Prairie State for your needs.
Best car insurance companies in Illinois
Auto-Owners, Country Financial, Geico, Travelers and USAA topped Bankrate’s roundup as the best car insurance companies in Illinois. To help you choose the best car insurance provider for you, we broke down these carriers by their average annual premium, customer satisfaction score and an individualized Bankrate Score. We assign each company a Bankrate Score based on diverse categories, including financial strength, customer ratings, the most recent premium data from Quadrant Information Services, mobile app accessibility, customer service and availability in your area. The score ranges from 0.0 to 5.0, with the higher score having better ratings in all categories evaluated. We use a uniform methodology to ensure that we rate each company using the same criteria.
Based on Bankrate’s research, the companies offering the best auto insurance in Illinois are:
|Car insurance company||Bankrate Score||Average annual full coverage premium||J.D. Power customer satisfaction score|
*USAA is not officially ranked by J.D. Power due to eligibility restrictions.
Auto-Owners offers reliable auto coverage with a personal touch through a network of independent agents. To get an Auto-Owners insurance policy, you must work with an agent in your area rather than purchasing a policy online. Auto-Owners offers standard auto insurance coverages plus several endorsements to customize your policy, including diminished value coverage and gap insurance. The company also offers numerous discounts that might help you save on your premium.
Learn more: Auto-Owners Insurance review
Country Financial makes our list in part due to its numerous and customizable coverage options. If you have out-of-the-ordinary insurance needs or enjoy personalization, it may be worth your time to get a quote from Country Financial. For example, if you have a new vehicle, “The Keeper” coverage may be a good option. This coverage will pay for you to purchase a brand new car of the same make and model. Country Financial fell behind in ratings due to its high average premium, but keep in mind that it offers several competitive discounts that could help you save.
Learn more: Country Financial Insurance review
If budget is your primary concern, Geico may be a good choice. The company consistently offers low premiums and a suite of discounts that might help you save even more. You could earn a discount for being a member of the military, a safe driver or a federal employee and if you have vehicle safety equipment. However, Geico’s policies are relatively basic. If you prioritize customization, you may want to consider other providers.
Learn more: Geico Insurance review
Travelers offers the lowest average full coverage premium in Illinois, based on our research. In addition to low rates, the insurer offers a menu of discounts that could help you save even more off your premium. You can also add numerous endorsements to your policy, including new car replacement and ridesharing coverage. However, Travelers did receive the lowest average J.D. Power score for claims satisfaction of the companies on our list.
Learn more: Travelers Insurance review
USAA consistently receives high scores from J.D. Power. However, the company is not eligible for official ranking because it only sells insurance to current and past military members and their immediate families. If you qualify for coverage, though, USAA offers solid coverages and military-focused discounts, like discounts for garaging your vehicle on a military base and storing it while deployed.
Learn more: USAA Insurance review
Average cost of car insurance in Illinois
The average cost of car insurance in the U.S. is $1,674 annually for a full coverage policy, whereas the average cost for full coverage in Illinois is $1,485 per year. These rates are 2021 quoted annual premiums from Quadrant Information Services. Rates may vary for each driver by provider.
Although drivers near Chicago may find that their premiums are higher than the state average due to the higher likelihood of accidents on the area’s congested roadways, most of Illinois pays lower-than-average premiums for car insurance. Numerous factors could cause this lower-than-average premium, including a lower incidence of accidents, less expensive accidents and fewer uninsured drivers on the road.
|Average annual premium for minimum coverage in Illinois||Average annual premium for full coverage in Illinois|
How to find the best car insurance in Illinois
The best car insurance company will vary from driver to driver. Some Illinois motorists value 24/7 customer service, paying via a mobile app or diverse coverage options. Some drivers are looking for the cheapest premium available. Regardless of your preferences, the steps below can help you find the best car insurance in Illinois for your lifestyle.
Consider minimum insurance requirements in Illinois
When determining what coverage you need, you may want to look into the state minimum requirements. Specific limits and minimum liability requirements can be found on the Illinois Department of Insurance website and in our online guide to Illinois car insurance laws. If you purchase higher limits of uninsured motorist coverage, you will also be required to purchase underinsured motorist coverage. Uninsured motorist coverage protects your finances if you are hit by a driver who has no insurance; underinsured motorist coverage is designed to help pay the overage if the driver who hit you does not have enough coverage to pay for your damages.
Consider lender requirements
If you finance or lease your vehicle, lenders often require full coverage insurance. If you damage or total your vehicle, lenders need to make sure funds are available to pay the damages to repair your vehicle. You may also want to consider purchasing gap insurance for newer financed vehicles. Gap insurance will pay the value between what the car is worth and what you owe on the vehicle.
Consider your individual needs
Certain risks can affect the price of insurance. If you add a teen driver, get a speeding ticket or have a DUI conviction in Illinois, you may see your car insurance premium spike. In these cases, you may want to look into discounts that apply to you. Dozens of providers offer competitive student discounts. Some carriers allow you to enroll in a defensive driving course that can save you money on your premium.
Car insurance discounts in Illinois
If you’re looking for the best auto insurance in Illinois while living on a budget, discounts are a great way to lower your car insurance premium. If you qualify for any of the following discounts, you may want to compare quotes from auto insurers that offer these deals:
- Young driver discounts: If you have a student in your family, there could be numerous ways to save. Your young driver may qualify for a good student discount if they get good grades, a distant student discount if they go to college without a vehicle or a safe driver discount if they took a driver training course.
- Safe driver discounts: Those with clean driving records or no previous claims may qualify for lower rates. You may also be able to participate in a telematics program, in which a company installs a device that tracks your driving in real-time and rewards safe practices.
- Other discounts: If you live in a city with plentiful public transit, you may want to consider a low-mileage driver discount. Some companies offer this discount to anyone who drives less than the national yearly average of 13,500 miles. Other mileage limits are much lower.
When shopping for car insurance, Illinois residents may want to keep in mind that every insurance company has a different set of discounts. Talking to an agent or researching discounts on a company’s website may help you identify areas you could save.
Frequently asked questions
What is the best car insurance in Illinois?
The best auto insurance in Illinois and the cheapest car insurance company will depend on the individual. Your specific rating factors, like age, gender, driving history, the type of car you have and the coverage that you choose will all impact your premium. Getting quotes from several companies can be beneficial; you may be able to compare premiums, coverages and available discounts to choose the company that suits your needs.
What do I need to get car insurance in Illinois?
To sign up for car insurance, Illinois drivers will need to gather their personal information — including date of birth, address and driver’s license number — and the information of any other drivers they want to list on the policy. To secure car insurance, Illinois drivers will also need the vehicle identification number (VIN) of the vehicles you want to insure. Finally, make sure to have access to financial and bank account information.
What is the penalty for not having auto insurance in Illinois?
Driving without car insurance in Illinois is a serious offense. You could face a fine of up to $1000, a suspended registration or license, an impounded vehicle and higher insurance premiums. You may also have to pay additional fees to reinstate your registration or license and could even face a waiting period of several months if you are a repeat offender. If you cause an accident without insurance coverage, you will be responsible for the damages out of pocket.
What is the cheapest car insurance company in Illinois?
Based on Bankrate’s research, Geico, State Farm and Progressive offer the cheapest full coverage insurance in Illinois on average. However, your individual premium will vary by provider. You may want to get quotes from multiple insurers and explore discounts before choosing an auto insurance company.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.
Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.
To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from J.D. Power, AM Best, S&P, NAIC, and Moodys had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider.
While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.