How Much Is Car Insurance in Illinois? (July 2024)

In Illinois, the average yearly cost for a car insurance policy with full coverage is around $1,193. If you opt for minimum coverage, the average cost is about $482 annually.

Your age, the level of coverage you choose, where you live, your driving record, and your credit history play a role in determining how affordable or costly your car insurance will be.

Illinois drivers pay an average of $1,193 yearly for full coverage car insurance. Compare car insurance quotes from several insurers to find the most affordable option for you.

The table below shows a breakdown of the average cost of auto insurance in Illinois, from the minimum coverage to comprehensive full coverage options.

Car insurance in Illinois can be considered moderate compared to other states. The average annual premium for full coverage with a $1,000 deductible is $1,193, which is slightly less than the national average cost of car insurance at $1,296 annually. Likewise, the state minimum coverage in Illinois is $482 a year, which also falls below the national average of $595 for the same coverage.

Several factors influence the cost of car insurance in Illinois. The degree of urbanization in large cities like Chicago can lead to higher rates due to increased traffic and the likelihood of accidents. However, a competitive insurance market and a lower rate of natural disasters keep the costs moderate.

Car insurance premiums can differ greatly from one company to another, even within the same state. For instance, in Illinois, American Family offers the cheapest annual full coverage at $723, while Hanover is at the higher end, with an average annual premium of $2,025.

Understanding the significance of comparing car insurance quotes can't be overstated when searching for the cheapest car insurance in Illinois. It ensures that you secure an affordable plan that aligns with your budget and coverage needs.

The cost of car insurance in Illinois is also impacted by the selection of coverage levels. While the minimum coverage hovers around $40 per month, a full coverage policy averages $93 monthly. Opting for full coverage is recommended for more comprehensive protection despite its higher cost. For more insights, explore full coverage insurance.

Adding comprehensive and collision coverage will increase premiums, but selecting higher deductibles can offset this rise. The deductible, which typically stands at $1,000 for full coverage, applies separately to each comprehensive and collision claim. This strategy balances coverage needs with cost control, ensuring you're protected without overpaying.

In Illinois, the minimum car insurance requirements include $25,000 for bodily injury per person, $50,000 per accident and $20,000 for property damage, with uninsured/underinsured motorist coverage matching the bodily injury limits at $25,000 per person and $50,000 per accident.

Your location influences your car insurance premiums significantly. The most affordable city in Illinois for full coverage is Springfield at $803, while Chicago tops the chart at $1,234.

Various elements in Illinois impact car insurance costs, including driving record, type of car, credit score, marital status and age. Affordable options depend on these factors among others, leading to varied premiums across cities.

Age significantly influences car insurance costs in Illinois. Generally, young drivers pay the most, with premiums decreasing as experience and age increase.

Drivers aged 22 to 29 face the highest annual premiums averaging $1,490, while those 60 and over enjoy the lowest rates at $1,134 annually. Middle-aged drivers, 30-59, typically see moderate costs around $1,193 per year.

Age and gender significantly influence car insurance rates in Illinois, with 16-year-old male drivers facing the highest average annual premiums when added to a family policy, typically around $2,399. Regarding rates for those getting an individual policy, rates soar to approximately $5,104. Legally, teens under 18 must have a parent or guardian co-sign to obtain car insurance.

Full coverage car insurance for a 2012 car model averages at $843 annually, while a 2022 model sees that cost jump to $1,060 — a stark comparison. This increase is due to newer vehicles having a higher actual cash value along with more expensive repair costs and a greater likelihood of theft, consequently driving up premiums.

Experts suggest that drivers of newer models, like those from 2022, should consider investing in comprehensive and collision coverage. This type of plan not only protects against a range of incidents but also ensures drivers are better positioned to safeguard their investment in a higher-value vehicle.

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The average cost of car insurance varies in Illinois depending on your driving record.

• With a ticket: $1,483 per year; $124 per month
• With an at-fault accident: $1,751 per year; $146 per month
• With a DUI: $1,917 per year; $160 per month

The more severe the driving violation, the more you'll likely pay in car insurance premiums in Illinois. Violations remain on your record for a period, affecting your rates during that time. For instance, a DUI in Illinois can influence your insurance costs for up to five years.

While a DUI generally leads to the steepest increase in car insurance premiums in many states, it's not always the case. Some insurers may weigh other offenses like reckless driving or at-fault accidents more heavily.

By examining the table based on coverage and age group, Illinois drivers can find out the average cost of minimum coverage auto insurance for their specific driving record.

Drivers in Illinois can expect to pay an average annual premium of up to $1,762 for car insurance, depending strongly on their credit score. Your credit score hugely influences how much you shell out for coverage.

According to MoneyGeek, a good credit score ranges from 670 to 739. However, scores can go as high as 800 or more, which is considered excellent, to below 580, which lands you in the poor category. Generally, the higher your score, the lower your rates — with excellent credit score holders paying about $741 annually.

These are the key factors that affect car insurance rates in Illinois:

• Age: Younger drivers often face higher premiums in Illinois due to their inexperience, which statistically leads to a higher risk of accidents.

• Driving Record: A clean record can result in lower car insurance costs, while tickets, accidents or DUIs typically increase rates due to heightened risk.

• Credit Score: Illinois insurers may use credit scores to determine rates, with higher scores often leading to more affordable premiums.

• Vehicle Type: The cost of car insurance can vary significantly based on the make and model of a vehicle, with higher-value cars generally costing more to insure.

• Annual Mileage: Drivers who cover fewer miles per year may enjoy lower rates, as less time on the road translates to a lower risk of filing a claim.

• Comprehensive Insurance: Choosing to add comprehensive insurance can affect premiums, providing additional coverage beyond state minimum for non-collision incidents.

• Collision Insurance: Including collision insurance in a policy will impact rates, covering damages from traffic accidents.

• Location: Rates can differ within Illinois based on the area, with urban locations generally experiencing higher premiums due to increased risks of theft and accidents.

• Marital Status: Married individuals may see better rates, as they are statistically less likely to file claims than their single counterparts.

• Coverage Level: Opting for more than the state minimum coverage can provide better protection but will also reflect in the cost of the insurance plan.

To secure affordable car insurance in Illinois, compare rates, raise your deductible and leverage all eligible discounts. Shopping around ensures you find the best value for minimum coverage auto insurance.

Here, we'll cover the essentials, providing straightforward insights into what Illinoians might expect to pay for their car insurance. This information can help you make informed decisions about your policy.