How Much Is Car Insurance in Illinois? (2023 Averages)
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The cost of car insurance policies can range widely depending on factors such as the driver's record and the policy’s coverage level. While drivers in Illinois pay about $582 annually for minimum coverage, the average cost of auto insurance in the state is $1,134. This average annual cost rises to $1,452 if you have a driving violation and to $3,642 if you add a young driver to your car insurance policy.
Car insurance premiums in Illinois also vary by auto insurance company. For example, a full auto insurance policy in Illinois from GEICO costs $789 per year, whereas the same coverage from AAA costs $1,669 per year.
The Average Cost of Car Insurance in Illinois
MoneyGeek analyzed the average car insurance costs in Illinois based on factors that have the most pronounced impact on premium prices. In Illinois, car insurance costs are most affected by your age and credit score.
Check out more in detail about average costs for a specific driver profile.
Average Costs of Car Insurance in Illinois
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- DriverAverage Annual PremiumAverage Monthly Premium
- The Average Driver$1,134$95
- Drivers Buying Minimum Coverage$582$48
- Adding a Young Driver$3,642$303
- Drivers With a Violation$1,452$121
- Drivers With Poor Credit$2,077$173
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Why are Car Insurance Rates Cheap in Illinois?
According to MoneyGeek’s data, Illinois has low car insurance rates compared to most states due to its low numbers of uninsured motorists, vehicle thefts and natural disasters.
Illinois has one of the lowest rates of uninsured motorists in the country at 12%, which contributes significantly to the state’s reasonable insurance rates. The state also has a relatively low rate of vehicle thefts and natural disasters. All of these factors play a role in keeping insurance costs in check.
Average Cost of Car Insurance in Illinois: Full Coverage vs. Minimum Coverage
In the state of Illinois, a car insurance policy that meets the state minimum coverage requirements costs an average of $582 per year, while a full coverage policy has an average cost of $1,134 per year. That is a difference of $552 between the two different types of policies.
The average car insurance cost in Illinois depends on how much coverage you choose. If you opt for a car insurance policy with more coverage or features, you will pay more every month for it.
Typically, a car insurance policy includes many different types of coverage, including liability, collision and comprehensive coverage. Full coverage insurance raises your rates, as does increasing your liability limits.
Average Cost of Car Insurance in Illinois by Coverage Level
A state-minimum policy in Illinois is the most affordable car insurance policy you can buy.
If you get a minimum coverage policy in Illinois, you can increase the liability coverage to 50/100/50 or 100/300/100. For example, a 50/100/50 car insurance policy provides:
- $50,000 in bodily injury liability insurance per person
- $100,000 in bodily injury liability insurance per accident
- $50,000 in property damage liability insurance per accident
Compared to this, a full coverage car insurance policy provides both comprehensive and car collision protection. Full coverage policies protect your car against damage while providing you with standard liability coverage.
Average Cost of Car Insurance in Illinois By Company
One factor that has a big impact on how much you pay for your insurance is the provider you choose. Depending on your profile and how different companies assess risk, every company will quote you a different rate. For affordable minimum liability car insurance in Illinois, GEICO is the cheapest option on average at $366. It is also the provider offering the cheapest full coverage car insurance in the state at $789 on average.
On average, MetLife offers the most expensive state minimum liability car insurance at $852 per year, while AAA offers the costliest full coverage car insurance at $1,669.
Average Annual Costs of Car Insurance in Illinois - By Company
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- CompanyMinimum CoverageFull Coverage
- $366$789
- $367$860
- $385$867
- $411$871
- $454$948
How Much Is Car Insurance in Illinois by Age?
When it comes to determining car insurance costs, your age can play an important role. Young drivers are usually considered riskier to insure as they present a higher likelihood of accidents. This makes their car insurance policies more expensive.
According to MoneyGeek’s research, the difference between a 16-year-old and a 40-year-old purchasing identical full coverage car insurance policies is about $2,508 on average.
However, it is possible to save money on insurance payments for young drivers by adding them to their parents’ car insurance policy.
It is important to note that if you have just recently started driving, it is likely that you would have to pay similar costs as teenagers. First-time drivers are usually treated the same as young drivers in terms of risk assessment.
Average Costs of Full Coverage Car Insurance in Illinois - By Age
How Does Driving History Affect Car Insurance Costs in Illinois?
In Illinois, the cost of car insurance is much higher for high-risk drivers. This means that drivers with a record of violations and accidents will pay more for car insurance. However, they can still shop around to find relatively affordable car insurance options in the state.
According to MoneyGeek’s data, individuals with a speeding ticket would have to pay an average of $318 more per year compared to someone with a clean driving record. The extra cost increases with the severity of the violation.
Average Costs of Full Coverage Car Insurance in Illinois - By Driving History
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- Driving ViolationAnnual Premium
- Safe Driver$1,134
- Speeding Ticket$1,452
- At-Fault Accident$1,795
- DUI$2,181
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Credit Scores and the Cost of Car Insurance in Illinois
In Illinois, your credit score plays an important role in determining how much you have to pay every month for your car insurance.
According to MoneyGeek’s analysis, people with a poor credit score in Illinois would have to pay an average of $883 more per year compared to those with a good credit score. In contrast, those with an excellent credit score will pay an average of $209 less every month than people with a good credit score.
If you have bad credit, you can still shop around to find relatively affordable insurance plans in Illinois.
Average Costs of Full Coverage Car Insurance in Illinois - By Credit Score
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- Credit ScoreAnnual Premium
- Excellent$985
- Good$1,195
- Fair$1,430
- Below Fair$1,713
- Poor$2,077
How Much Is Car Insurance in Your City?
While car insurance costs differ greatly from state to state, there can also be a great deal of variance between costs in different cities within a particular state. In Illinois, the cheapest city for car insurance is Springfield, at about 28.9% less expensive than the state average. Meanwhile, Chicago’s rates are much higher, at an average of $1,134 per year.
Usually, if you live in a densely populated area, you will pay more for car insurance as these areas have a higher chance of road accidents, vandalism or theft. People living in areas prone to natural disasters also usually pay more for car insurance.
Average Costs of Full Coverage Car Insurance in Illinois - By City
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- CityAnnual Premium
- $837
- $1,134
- $873
- $885
- $827
- $791
- $824
- $806
Frequently Asked Questions About Illinois Car Insurance Rates
Here are a few important frequently asked questions that can help you learn more about car insurance costs in Illinois.
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