Compare the Cheapest Car Insurance Quotes in Chicago, IL

Auto insurance in Chicago typically costs $1,134 annually, the same as the annual average in Illinois. The cheapest insurer is GEICO with an average rate of $789. To help you find a rate that fits your profile, MoneyGeek analyzed the cheapest companies by coverage amount and driving history. MoneyGeek also rated the best insurers that balance affordability and quality.

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The Cheapest and Best Car Insurance in Chicago

The Cheapest Car Insurance Companies in Chicago

Based on average car insurance rates for a full coverage policy, the most affordable options in Chicago are:

  • GEICO: $789 per year
  • Mercury: $860 per year

In Chicago, GEICO offers the cheapest average annual rate at $789. In contrast, the most expensive average rate in the city comes from AAA — $1,669. These rates are subject to change, depending on your unique situation. Additionally, your car insurance rates can go higher if you’ve received driving violations or have been involved in an accident after receiving your initial auto insurance rate. You may use the average auto insurance rates in Chicago as an initial reference for your possible annual premium, but it is best to consult with the companies directly for a personal evaluation to see how the rates will change for you.

MoneyGeek collected average car insurance rates for a sample driver profile, a 40-year-old male driver with a full coverage policy that includes liability insurance and comprehensive and collision insurance.

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Average Cost of Car Insurance in Chicago

Chicago$1,134
Illinois$1,134
U.S.$1,424

Car insurance in Chicago is not cheap. The average car insurance rate in Chicago is $1,134 annually. The average cost in the state of Illinois is also $1,134. In comparison, the national average car insurance premium is $1,424.

Of course, the final car insurance cost varies from person to person. Car insurance in Chicago is calculated depending on different personal factors.

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The Best Car Insurance Companies in Chicago

MoneyGeek ranked the best auto insurance companies in Chicago that balance affordability and quality service to help drivers who value these factors. The companies with the highest scores for most drivers are:

  • Erie: MoneyGeek score of 95 out of 100 (only available for current and former military members)
  • Hartford: MoneyGeek score of 88 out of 100

USAA received the highest score in Chicago by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.

Using various factors, such as J.D. Power user satisfaction, affordability and financial stability, MoneyGeek calculated the final scores out of 100.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

2
Erie
Score:95

5/5

Affordability

4/5

Claims Ratings

5/5

User Satisfaction

A+

Financial Stability

3
Hartford
Score:88

3/5

Affordability

4/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

4
Auto-Owners Insurance Co
Score:88

3/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

5
GEICO
Score:88

5/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

6
Cincinnati Insurance Companies
Score:88

3/5

Affordability

5/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

7
Country Financial
Score:85

3/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

8
State Farm
Score:85

4/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A

Financial Stability

9
Nationwide
Score:83

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

10
Esurance
Score:83

4/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

11
Grange
Score:80

4/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

12
Progressive
Score:80

3/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

13
Allstate
Score:80

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

14
American Family
Score:80

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

15
Travelers
Score:80

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A++

Financial Stability

16
MetLife
Score:80

2/5

Affordability

4/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

17
Farmers
Score:78

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

18
Hanover
Score:75

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

19
Liberty Mutual
Score:75

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

20
AAA
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

21
Safeco
Score:73

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

Personalized Quotes to Get You the Cheapest Car Insurance in Chicago

The average insurance rates per company may still increase or decrease depending on your history and personal profile. The riskier your profile is, the higher your premiums will cost. Some of the factors affecting your profile are your driving history, ZIP code and credit score.

It is imperative that you get personalized car insurance quotes in Chicago to get a good read on how your unique circumstances will affect your insurance premiums. Consulting directly with insurance companies will also clue you in on if there are discounts you may qualify for, rebates or other promos that the insurance company may offer.

Shopping around for car insurance in Chicago could save you $345, which is enough to buy:


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115Cups of Coffee
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27Months of Your Favorite Streaming Service

Cheapest Car Insurance in Chicago by Coverage Amount

The amount of coverage that you buy impacts the cost of your auto insurance in Chicago and elsewhere. The average cost of a policy in Chicago that only meets the state minimum is $582 per year, while a full coverage policy with higher liability limits typically costs an average of $1,134 annually. That is a $552 difference.

Illinois Minimum Liability Requirements

  • Item
    Description
  • Bodily Injury and Property Damage
    $25,000 per person, $50,000 per accident and $20,000 for property damage. A more protective level is 100/300/100.
  • Uninsured Motorist
    $25,000 per person and $50,000 per incident. The minimum coverage may not be enough if you're in a serious accident.

In the state of Illinois, drivers are required to follow a minimum liability coverage of $20,000 per bodily injury coverage per person, $40,000 bodily injury per incident and $15,000 in property damage coverage per incident, among other coverage requirements. This means that the minimum liability coverage is 20/40/15.

You can choose a policy with every possible option, as long as it meets the minimum requirement. That means that you can also purchase 50/100/50 policies, or $50,000 per bodily injury coverage per person, $100,000 bodily injury coverage per incident and $50,000 in property damage coverage per incident.

Average Car Insurance Premiums: Liability-Only vs. Full Coverage

Liability Only
Full Coverage
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Cheapest Car Insurance in Chicago if You Have Driving Violations

Your driving history will affect the cost of your auto insurance premiums. To illustrate this, if a Chicago resident utilizes AAA for auto insurance, their average premium may be $1,669 without any violations. If they receive a DUI, that premium may increase to $6,404.

If you get a DUI, the premium increase varies by company and may vary even further depending on how many offenses you already have in the year.

Average Cost of Car Insurance by Postal Code

Your Chicago ZIP code has a hand in determining the average auto insurance premiums you will need to pay. In some areas, it is riskier to own a car due to threats of car theft, accidents and more. In Chicago, the three ZIP codes with the most affordable car insurance are 60657, 60018 and 60625. If you live in 60628, you'll likely be paying the most for auto insurance in Chicago — $1,267.

  • Zip Code
    State Minimumper year
  • 60657
    $1,001
  • 60618
    $1,080
  • 60625
    $1,094
  • 60647
    $1,114
  • 60634
    $1,120
  • 60617
    $1,188
  • 60629
    $1,209
  • 60628
    $1,267
iconribbontop ratedCar Insurance agentsChicago2021

Top Agents Offering Affordable Car Insurance in Chicago

1. Jenny Tola - State Farm Insurance Agent4083 N Broadway St, Chicago, IL, 60613
35 ratings
2. John Kim - State Farm Insurance Agent5814 N Lincoln Ave, Chicago, IL, 60659
14 ratings
3. Plageman Agency - American Family Insurance2828 N Clark St, Ste 112, Chicago, IL, 60657
12 ratings
4. Brendon Studzinski - State Farm Insurance Agent2748 N Ashland Ave, Chicago, IL, 60614
11 ratings
5. Michael Kane | Kane Insurance Group4016 N Lincoln Ave, Chicago, IL, 60618
10 ratings

Factors That Impact Insurance Costs in Chicago

In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Chicago. How Chicago ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities218th/300
handcuffs2 icon
Most Car Thefts101st/300
uninsured icon
Most Uninsured Motorists by State18th/50
insurance2 icon
Personal Injury Protection RequiredNo
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Most Annual Rainfall131st/300
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Most Rainy Days53rd/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Chicago are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.

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About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.


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