Car insurance prices vary depending on several factors, such as the kind of car you have, your record as a driver and your location. To help you find the best and most personalized car insurance deals, it's important to understand the offerings of the various car insurance companies in Chicago.
Compare the Cheapest Car Insurance Quotes in Chicago, IL
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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.
Compare Car Insurance Rates in Chicago
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Cheap Car Insurance Companies in Chicago
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.
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- CompanyAmountper year
- 1. GEICO$789
- 2. Mercury$860
- $867
- 4. USAA$871
- 5. State Farm$948
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.
Compare Car Insurance Rates in Chicago
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Chicago by Coverage Amount
How much car insurance coverage you purchase in Chicago also affects how much your policy will cost. Coverage includes required liability coverage and optional items like collision, comprehensive, and deductibles.
Visit these guides to learn more:
Illinois Minimum Liability Requirements
- ItemDescription
- 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 by Coverage Type
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1. GEICO$366$443
- $385$450
- 3. Mercury$367$411
- 4. USAA$411$481
- 5. State Farm$454$527
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1. GEICO$703$789
- $731$867
- 3. Mercury$807$860
- 4. USAA$796$871
- 5. State Farm$868$948
Compare Car Insurance Rates in Chicago
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Chicago if You Have Tickets
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.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1. State Farm$1,035$1,121$1,035
- $1,082$1,130$1,191
- 3. GEICO$960$1,159$1,784
- 4. Progressive$1,205$1,591$1,080
- 5. Mercury$1,197$1,717$1,119
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 CodeState Minimumper year
- 60657$1,001
- 60618$1,080
- 60625$1,094
- 60647$1,114
- 60634$1,120
top ratedCar Insurance agentsChicago2021Top Agents Offering Affordable Car Insurance in Chicago
1. Jenny Tola - State Farm Insurance Agent4083 N Broadway St, Chicago, IL, 60613
2. John Kim - State Farm Insurance Agent5814 N Lincoln Ave, Chicago, IL, 60659
3. Plageman Agency - American Family Insurance2828 N Clark St, Ste 112, Chicago, IL, 60657
4. Brendon Studzinski - State Farm Insurance Agent2748 N Ashland Ave, Chicago, IL, 60614
5. Michael Kane | Kane Insurance Group4016 N Lincoln Ave, Chicago, IL, 60618
Insurance Providers That Serve Chicago
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.
Shopping around for car insurance in Chicago could save you $345, which is enough to buy:
115Cups of Coffee
27Months of Your Favorite Streaming Service
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.
Compare Car Insurance Rates in Chicago
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
About the Author
sources
- GEICO. "Car Insurance Quotes in Chicago, IL." Accessed May 29, 2020.