Cheapest Car Insurance in Chicago, Illinois (2022)
The average Chicago driver pays $107 per month for minimum liability car insurance, slightly higher than the Illinois average of $101 per month. Our analysis found that State Farm has the overall cheapest car insurance rates for the average Chicago driver.
However, your ideal insurer may vary depending on your unique driver profile and needs.
Looking for cheap insurance in Chicago? We can help you.
Cheapest car insurance in Chicago
Drivers who prioritize affordability should start their auto insurance shopping with State Farm and Country Preferred, which offer the cheapest minimum liability policies. Current or former military members and their households qualify to receive a rate from USAA, which has comparably cheap premiums.
For drivers with expensive or new cars, we recommend that you opt for additional coverage or a higher liability limit. In the event that you get into a car accident, your minimum liability policy will only be sufficient to reimburse the other driver and not your own car.
| Company | Average monthly rate |
|---|---|
| State Farm | $56 |
| Country Preferred | $76 |
| Progressive | $81 |
| American Family | $82 |
| Chicago average | $107 |
| Allstate | $120 |
| Standard Fire | $124 |
| GEICO | $137 |
| Illinois Farmers | $227 |
| USAA | $61 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Cheapest full-coverage car insurance in Chicago
A full-coverage policy isn't cheap, but you can find affordable premiums from State Farm and Progressive. USAA is also inexpensive, but only qualified military members and their family members can sign up for a policy.
When deciding which policy is best for you, here's what you need to know: full-coverage policies are expensive because they not only include the minimum state-required auto insurance coverage, but also collision and comprehensive protection.
Collision coverage reimburses you if your car is damaged in a crash, while comprehensive coverage insures you against "acts of God", or damage caused by events out of your control. This includes theft, natural disasters and vandalism.
| Company | Average monthly rate |
|---|---|
| State Farm | $126 |
| Progressive | $154 |
| Country Preferred | $170 |
| American Family | $173 |
| Chicago average | $231 |
| Standard Fire | $233 |
| Allstate | $319 |
| GEICO | $338 |
| Illinois Farmers | $431 |
| USAA | $136 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Cheapest car insurance for young drivers in Chicago
Age and experience are two factors that insurance companies use heavily to weigh how risky you would be to insure. Given this information, it's no surprise that new drivers and teens often find it difficult to get cheap rates. Our research shows that State Farm and Country Preferred have the cheapest rates for young drivers.
The premiums offered by even the most inexpensive companies are still quite expensive, which is why we recommend you do the following:
- Sign onto an older family member’s insurance policy. This is much cheaper than having two separate policies, as your older family member is taking some responsibility and risk by adding you to their policy.
- Look into discounts you can qualify for. Students who achieve good grades, complete defensive driving classes or are affiliated with select professional organizations can receive savings on their insurance policies.
- Compare companies. As our data shows, the difference in rates between the cheapest and most expensive companies varies by hundreds of dollars per month. The best thing you can do is shop around and get a comprehensive view of all your options so you can make a sound decision.
| Company | 16 years old | 18 years old | 20 years old |
|---|---|---|---|
| Allstate | $736 | $629 | $650 |
| American Family | $658 | $658 | $433 |
| Country Preferred | $601 | $428 | $331 |
| GEICO | $1,039 | $771 | $542 |
| Illinois Farmers | $1,169 | $995 | $824 |
| Progressive | $712 | $503 | $345 |
| Standard Fire | $1,259 | $777 | $499 |
| State Farm | $497 | $379 | $287 |
| USAA | $488 | $341 | $274 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
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Find the cheapest car insurance rates in Chicago
Cheapest car insurance for older drivers in Chicago
As you accumulate more experience and maturity, insurance companies will see you as a safer driver to insure. With age, your insurance prices tend to decrease. For older drivers, we recommend checking out a policy from State Farm and Progressive, which offer some of the best rates as you get older.
Many insurance companies offer discounts to senior drivers. This includes discounts for veterans, drivers of a specific age bracket and low-mileage discounts if you don’t drive your car often.
| Company | 50 years old | 60 years old | 70 years old |
|---|---|---|---|
| Allstate | $286 | $288 | $227 |
| American Family | $158 | $158 | $162 |
| Country Preferred | $146 | $142 | $157 |
| GEICO | $269 | $261 | $321 |
| Illinois Farmers | $384 | $265 | $257 |
| Progressive | $127 | $127 | $147 |
| Standard Fire | $204 | $182 | $220 |
| State Farm | $119 | $112 | $118 |
| USAA | $115 | $114 | $128 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
Cheapest car insurance for bad drivers in Chicago
Drivers who have accidents, DUIs or speeding tickets on their records are considered risky by insurance companies. It won't be surprising to hear that if you have an incident on record, your monthly insurance premiums will be a lot higher than someone with a clean history.
Cheapest full-coverage car insurance for drivers after an accident
Accidents stay on your record for three to five years. As long as you drive safely and don't have another accident during that time frame, the incident will fall off your record. You could also purchase accident forgiveness, an add-on that some insurance companies offer to excuse your first at-fault accident.
| Company | Average monthly rate |
|---|---|
| State Farm | $150 |
| Progressive | $245 |
| Country Preferred | $261 |
| American Family | $261 |
| Standard Fire | $307 |
| GEICO | $547 |
| Allstate | $561 |
| Illinois Farmers | $643 |
| USAA | $197 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Cheapest full-coverage car insurance for drivers with a DUI
Insurance companies take DUIs very seriously. If you're found guilty of driving under the influence in Chicago, your insurance rate may increase by as much as 45%. You may even be required to file an SR-22 form.
| Company | Average monthly rate |
|---|---|
| State Farm | $138 |
| Progressive | $171 |
| Country Preferred | $273 |
| American Family | $311 |
| Standard Fire | $341 |
| Allstate | $485 |
| Illinois Farmers | $610 |
| GEICO | $610 |
| USAA | $292 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Cheapest full-coverage car insurance for drivers with a speeding ticket
Like accidents, speeding tickets typically fall off your record in three to five years. If you are hastily trying to get a ticket removed, however, you can contest the ticket in court to get it removed or seek out other means of saving on your insurance rate, like discounts.
| Company | Average monthly rate |
|---|---|
| State Farm | $138 |
| Illinois Farmers | $635 |
| Progressive | $191 |
| American Family | $206 |
| Country Preferred | $228 |
| Standard Fire | $288 |
| GEICO | $397 |
| Allstate | $408 |
| USAA | $173 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Car insurance requirements in Illinois
Illinois has a minimum liability coverage requirement known as 25/50/20. This rule means each policy must include at least:
- Bodily injury liability (BIL): $25,000 per person/$50,000 per accident
- Property damage liability (PDL): $20,000
- Uninsured motorist bodily injury (UMBI) liability: $25,000 per person/$50,000 per accident
SR-22 requirements in Illinois
Drivers found guilty of operating a vehicle under the influence, getting into an accident without insurance, failing to pay damages for an at-fault accident or receiving too many traffic citations might be asked to file an SR-22. An SR-22 form is filed by your insurance company and certifies that you meet the state's minimum insurance requirements.
You have to continuously maintain SR-22 requirements for three years, and then you can contact your insurance company to notify them that you no longer need it.
Methodology
We compared rates provided by Quadrant Information Services from multiple different insurance companies for 30-year-old male drivers with a 2012 Honda Accord LX. Our driver profiles have clean driving records and drive approximately 13,500 miles a year. Coverage includes the state liability minimum of 25/50/20 and 25/50 underinsured motorist bodily injury coverage.
When discussing a full-coverage policy, we increased the liability limits to 100/300/100 and retained the 25/50 uninsured motorist coverage. We also included a $500 comprehensive and collision deductible.
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