Best Auto Insurance Rates in Schaumburg, Illinois

On average your neighbors pay $67 a month.

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Monday, April 30 2018 By Shantae Young

Residents of the village of Schaumburg, Illinois can enjoy all the rewards of a small town, while living close to the big city. Residents can enjoy the thriving art culture at the Prairie Center for the Arts, shop for new digs at spacious Woodfield Mall, or even take in a Schaumburg Boomers baseball game. Don't pay big city rates for car insurance in Schaumburg when you can get a quote today and save money.

Average Schaumburg Car Insurance Rates

How much is car insurance in Schaumburg, IL? It's no surprise to drivers here, that insurance rates are expensive. The average cost of auto insurance in Illinois is $803.64 per year. The national average price is $889.01.

Prices will vary depending on your driving record and the number of claims filed in your zip code.

Illinois Average Annual Car Insurance Rates
Coverage Rates
Liability $446.72
Collision $309.71
Comprehensive $128.13
Total Cost Per Year $803.64
Price Per Month $66.97
Source: Facts + Statistics: Auto insurance

The graph below shows the change in Illinois' average insurance rates from 2011 to 2015, the most recent year the data is available. According to the III, Illinois car insurance rates increased from $727 in 2011 to $803 in 2015, a jump of $76, or 10.49 percent.

Illinois average car insurance rates

QuoteWizard helps consumers compare quotes from both national insurance companies and local independent agents. QuoteWizard can help you find cheap car insurance rates near Schaumburg, Illinois and save up to 40% on your premium.

Last year, 1,310 people used QuoteWizard to compare car insurance quotes in Schaumburg, IL from multiple companies to find the cheapest rates.

Best Car Insurance Companies in Schaumburg, IL

This is our list of the most common car insurance companies reported by 1,310 Schaumburg QuoteWizard users last year. Of these users, 29 did not have insurance when they asked for a quote.

  1. GEICO
  2. Allstate
  3. Progressive
  4. Farmers
  5. Esurance
  6. Liberty Mutual
  7. AAA
  8. American Family
  9. Hartford
  10. Nationwide
Get a quote from some of these top rated insurers! Request Quote Get a Quote From Top Insurers

Top 10 Vehicles in Schaumburg

This is our list of the most common car makes and models owned by Schaumburg drivers requesting quotes through QuoteWizard last year.

  1. Honda Accord EX/LX
  2. Honda Civic EX/LX
  3. Toyota Camry LE/XLE
  4. Honda CR-V EX/EX-L
  5. Ford Fusion SE
  6. Toyota Corolla/ CE/LE
  7. Chevrolet Malibu LS
  8. Ford Explorer
  9. Hyundai Sonata SE/Limited
  10. Kia Sorrento EX/LX
Get a quote for your vehicle. Request Quote Get a Quote For Your Vehicle

Minimum Car Insurance Requirements in Schaumburg, IL

Schaumburg, Illinois has a minimum liability coverage requirement known as the 25/50/20. This rule means each policy must include at least:

  • Individual Bodily Injury Liability (BIL): $25,000.
    The most your insurer will pay for a single person injured in a car accident.
  • Total Bodily Injury Liability: $50,000.
    The most insurance companies will pay in total for every person injured in a car accident.
  • Property Damage Liability (PDL): $20,000.
    The total your insurance carrier will pay for property damage caused by a car accident.

Driving Conditions

Driving conditions like weather and traffic congestion are factors that can influence your insurance rates.

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Weather

Like Chicago, Schaumburg, has a humid climate with hot summers and cold winters. In an average year, there are an estimated 189 sunny days and 126 days with measureable precipitation. On average, Schaumburg sees around 32 inches of rainfall annually and around 24 inches of snow.

Road Conditions

According to Tripnet.org, three percent of the major roads in Illinois are in poor condition. 24 percent are mediocre. The poor condition of roads costs drivers $4.4 billion or $540 per motorist in extra vehicle operating costs each year. These costs are a direct result of driving on rough roads that can damage cars and contribute to car accidents.

The Schaumburg Public Works Department patched 2,116 potholes in 2014, significantly fewer than the 6,210 potholes repaired between 2011 and 2012.

Traffic Congestion

According to the TomTom traffic index, Chicago has the 10th worst traffic in the United States. Chicago commuters spend 30 minutes per hour stuck in traffic during rush hour. Drivers waste a whopping 114 hours a year when commutes are 30 minutes or more. Schaumburg, located 30 miles from Chicago experiences a lot of this congestion, since most Schaumburg workers commute into Chicago for work.  

Moving Violations

Moving violations like speeding tickets, at-fault accidents, and drunk driving will add points to your driver's license and give you a bad driving record. If this happens, you'll need to get high-risk car insurance for bad drivers.

Traffic Tickets

The Cook County Clerk of Courts District Three website provides Schaumburg residents with important traffic court information.  

Drunk Driving Arrests

District Three of Cook County arrested 1,622 drivers for suspicion of driving under the influence in 2014.

SR-22 DUI Insurance

A DUI conviction may require you to obtain an SR-22 form. Request a quote and we'll will connect you with local agents from top companies that specialize in Schaumburg DUI insurance.

Fatal Car Accidents

Schaumburg reported 2,021 traffic crashes in 2014, 549 of them resulted in injuries and three in death.

Vehicle Theft Rates

Schaumburg reported 76 vehicle thefts in 2014, a rate of 1.01 per 1,000. This is less than half the national average of 2.16 per 1,000 residents.

Save With Car Insurance Discounts

Discounts are one of the best ways to lower your insurance rates. These are some of the auto insurance discounts available to drivers in Schaumburg, IL depending on your carrier.

  1. Bundle your auto policy with your homeowners or renters insurance. Bundling is one of the best discounts and can reduce your rates by as much as 15%
  2. Are you married or getting married soon? Some insurers offer a discount to married couples
  3. Active duty and retired members of the Military, National Guard, or Reserves are entitled to discounts for their service
  4. Keep your driving record clean with no tickets or accidents and you may qualify for the accident-free or safe driver discount
  5. Maintain at least a B grade point average in school to qualify for the good student discount
  6. Get a new car to qualify for the new car discount. If the car has safety features like anti-lock brakes or electronic stability control, you might be entitled to additional discounts
  7. Drive less. Living close to work or taking the bus once in a while could help you get the low mileage discount
  8. Drivers 55 and older could qualify for either the senior discount or the 55 and retired discount
  9. Live in a safe neighborhood with low crime and good drivers where residents file few insurance claims. Residents of zip codes with high crime and poor driving conditions file more of the claims that lead to higher rates
  10. Shop around and compare low-cost Schaumburg auto insurance quotes

Sources:

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