How Much Is Car Insurance In Illinois?

Car insurance is an essential part of owning a vehicle, but the cost can vary widely depending on where you live. If you’re a driver in Illinois, you might be wondering: How much should I expect to pay for car insurance?

In Illinois, the average cost of full-coverage car insurance is about $1,653 per year, which is lower than the national average of $2,388. On the other hand, minimum coverage costs around $610 annually, which is below the national average of $664.

In this article, we’ll explore the different types of car insurance coverage available in Illinois, along with their costs and the main factors that influence how much you’ll pay. With over 12 years of experience as a licensed insurance agent, I’ll guide you through the process to help you make a well-informed decision.

Several factors help keep insurance costs down in the state, including a relatively low DUI rate and above-average credit scores among residents. Additionally, Illinois drivers tend to be less likely to file claims, which can lead to lower rates overall. The state’s relatively low rate of uninsured drivers also contributes to a more stable insurance market, helping keep premiums at a reasonable level.

Personal factors like your age, credit score, and marital status can also impact your car insurance premium. Knowing how these factors influence your rates can help you make better choices when looking for car insurance in Illinois.

Cost Of Car Insurance In Illinois By Age

In Illinois, age plays a major role in determining car insurance costs, with younger drivers generally paying higher premiums. Teenagers, due to their limited driving experience, often face the highest rates. While insurance costs tend to level out for drivers between the ages of 30 and 60, rates usually go up again when drivers reach their 70s.

Here is a table displaying the average car insurance costs by age:

Average Illinois Auto Insurance Rates By Insurance Company

When it comes to auto insurance in Illinois, rates can vary significantly depending on the insurance company you choose. Each insurer uses its own formula to calculate premiums, taking into account factors like your driving history, age, credit score, and the type of coverage you select. As a result, different companies may offer dramatically different rates for the same driver.

Some of the major insurance companies in Illinois include State Farm, Geico, Progressive, Allstate, and Farmers. Each of these companies has its own strengths and offers unique advantages for drivers in the state.

Insurance companies in Illinois consider several factors when determining your car insurance premium, including your driving history, age, location, vehicle type, credit score, coverage levels, marital status, annual mileage, and claims history.

Here is a table displaying average auto insurance rates by six national carriers in Illinois:

Average Illinois Car Insurance Premiums By Credit Score

In Illinois, insurance companies are allowed to take your credit history into account when setting your car insurance rates. While credit isn’t the only factor they consider, it can have a significant impact on the cost of your premiums. Generally, drivers with excellent or good credit tend to pay lower rates for car insurance compared to those with average or poor credit.

This is because insurers view those with better credit as less risky to insure, while those with lower credit scores are seen as higher-risk, which can lead to higher premiums.

Here is a table displaying average car insurance premiums based on different credit score categories in Illinois:

Average Car Insurance Costs In Illinois By Gender

Women typically have fewer car accidents than men, and because of this, many insurance companies offer lower rates to women. In Illinois, young men usually face the highest car insurance premiums due to their higher accident rates. Insurance companies use these trends to evaluate risk and set premiums.

Here is a table showing the average car insurance costs by gender in Illinois:

Cost Of Illinois Car Insurance By Driver Record

The cost of car insurance in Illinois can vary based on your driving history. Generally, the more serious the driving violation, the higher your insurance premiums will be. These violations stay on your record for a certain period, and during that time, they can continue to impact your rates. For example, a DUI conviction in Illinois can increase your insurance costs for up to five years.

Other violations, like speeding tickets or accidents, can also cause your premiums to rise and stay elevated for a few years. It’s important to maintain a clean driving record to keep your insurance rates as low as possible.

Here is a table displaying average car insurance costs based on different driving records in Illinois:

Average Illinois Auto Insurance Costs By Marital Status

Insurance companies often see married individuals as more stable, which is linked to lower risks. Because of this, many insurers offer more affordable car insurance rates to married couples. In Illinois, single drivers usually face higher premiums compared to married drivers, as they are considered higher risk.

Married couples may also benefit from additional discounts, such as multi-policy discounts or bundling auto and home insurance. While being married can lead to lower rates, it’s important to remember that other factors, like your driving history and credit score, still play a significant role in determining your premiums.

Even single drivers can save by shopping around for the best rates and considering other discounts available.

Here is a table displaying average car insurance costs by marital status in Illinois:

Cost Of Car Insurance In Illinois By Coverage Type

The amount you pay each month for auto insurance depends on the type of coverage you choose. A liability-only policy, which covers damage to others in an accident you cause, is usually the least expensive option.

On the other hand, comprehensive coverage with a low deductible tends to be more expensive because it provides broader protection, including coverage for your own vehicle in case of accidents, theft, or natural disasters.

The higher the coverage level and the lower your deductible, the more you’ll typically pay.

Here is a table displaying average car insurance costs by coverage type in Illinois:

Average Illinois Car Insurance Rates By City

The city you live in within Illinois can have a big impact on your car insurance rates. In addition to personal factors like your driving history and age, things like population density, weather patterns, crime rates, and the number of insurance claims in your area all play a role in determining your premium.

For example, Chicago, as the most densely populated city in Illinois, tends to have some of the highest average car insurance rates. This is partly due to its higher crime rates and frequent accidents, which increase the likelihood of claims. In comparison, smaller cities or rural areas often have lower rates because they experience fewer accidents and lower crime levels.

Understanding these regional differences can help you better estimate your insurance costs based on where you live in Illinois. Comparing rates from different cities can also help you find more affordable options if you’re moving or looking for ways to lower your premium.

In the following table, we explore the average car insurance costs in ten different Illinois cities to illustrate these differences.

Average Illinois Car Insurance Rates By ZIP Code

Car insurance rates in Illinois are generally lower than the national average. However, residents of the greater Chicago area may be surprised by these averages, as they often pay higher premiums. This is because insurance companies consider your ZIP code when determining rates, as it helps them assess the likelihood of a driver filing a claim. Factors like traffic, accident rates, and crime in a particular area all influence how much you’ll pay for car insurance.

In the following table, we look at average car insurance costs for ten diverse zip codes across Illinois, highlighting these localized variations

Illinois Car Insurance Prices Compared To Other U.S. States

The cost of car insurance in Illinois is an important factor for drivers to consider, especially when compared to other U.S. states. Understanding how Illinois car insurance prices stack up against the national average can help residents make more informed decisions about their coverage and save money.

In the following table, we provide you with a comprehensive comparison of average car insurance rates across all U.S. states, providing a clearer picture of how Illinois fares on the national stage.