Car Insurance in Peoria

GEICO dominates Peoria's market with minimum coverage priced at $346 yearly, beating the city's $604 average by 39%. Full coverage through GEICO runs $769 annually, well below the city's $1,187 average.

Auto-Owners ranks second with full coverage at $902 per year. Both insurers provide excellent value for Peoria drivers seeking affordable protection.

Peoria's economy, anchored by Caterpillar's global headquarters, creates a stable insurance market with lower fraud rates than larger cities. Local insurers like Auto-Owners understand regional driving patterns, from river road conditions in winter to agricultural traffic during harvest season.

Young drivers pay the highest insurance costs in Peoria, while adult drivers enjoy the lowest premiums. Erie Insurance offers young drivers coverage for $770 per year.

Adult drivers pay $346 annually with GEICO, saving $424 compared to young drivers. Senior drivers get their best deal from GEICO at $413 per year, just 19% above adult rates.

Bradley University's presence brings young drivers to Peoria's West Bluff neighborhood, where narrow streets and parallel parking create higher risk for inexperienced drivers. Longtime residents familiar with navigating War Memorial Drive and the Murray Baker Bridge benefit from their experience through lower rates.

Young drivers in Peoria can find the cheapest car insurance through Erie, which offers minimum coverage at $64 per month. GEICO and Auto-Owners also provide strong pricing for drivers ages 16 to 25, both averaging $83 monthly. These companies consistently price below Peoria’s already moderate insurance market, making them the most reliable starting points for teens and young adults looking to lower costs while maintaining essential coverage.

Adult drivers in Peoria get the lowest minimum coverage rates from GEICO, which offers monthly premiums around 44 percent lower than the city average. Erie and Auto-Owners follow closely with competitive pricing for drivers ages 26 to 64. These insurers tend to rate favorably in Peoria’s mix of suburban and light-urban road conditions, helping adults with clean records secure dependable and reasonably priced coverage.

Senior drivers in Peoria can find the best minimum coverage rates through GEICO, which charges $34 per month. Even full coverage from GEICO remains affordable at $71 monthly, keeping premiums accessible for older motorists. Erie and Auto-Owners also deliver strong options for seniors, offering pricing that stays well below the city average while maintaining good customer service and claims reliability.

High-risk drivers in Peoria can still access affordable car insurance, especially through Erie and GEICO, which lead across several violation types. These companies keep high-risk surcharges lower than many competitors in Illinois, making them valuable options for drivers working to maintain coverage after a credit drop, DUI, accident, or speeding violation.

• Bad credit: Erie (from $80 per month)
• DUI: GEICO (from $60 per month)
• Accident: GEICO (from $43 per month)
• Speeding ticket: Erie and GEICO (from $36 per month)

Drivers with bad credit in Peoria get the lowest rates from Erie, which charges $80 per month for minimum coverage. GEICO is another strong option with pricing close behind. Both insurers offer consistent and predictable rating structures for credit-challenged drivers, making them good choices whether you need basic state minimum liability or full coverage with higher limits.

For drivers with a DUI, GEICO provides the lowest monthly premium at $60, keeping rates significantly below the city average. Erie also offers favorable pricing at $68 per month. These insurers have some of the most stable post-DUI rating models in Peoria, giving affected drivers a realistic path to more affordable coverage while they rebuild their driving history.

If you have an at-fault accident on your record, GEICO delivers the lowest minimum coverage rate in Peoria at $43 per month, followed closely by Auto-Owners and Erie. These premiums sit far below typical post-accident pricing, making these companies strong options for drivers seeking to reduce costs after a surcharge.

For drivers with a speeding ticket, Erie and GEICO tie for the lowest premiums at $36 per month. Their rates remain about 45 percent below the city average, making them excellent choices for drivers who received an 11 to 15 mph speeding violation. Even full coverage from these providers stays comparatively affordable, helping drivers control costs after a minor infraction.

Auto-Owners earned the top ranking in Peoria with a score of 93.25 out of 100. The company excels in customer service, claims handling and overall customer satisfaction.

GEICO takes second place with a score of 91.37, offering exceptional value alongside reliable service. Both companies maintain strong financial ratings and low complaint ratios with Illinois regulators.

Car insurance in Peoria costs an average of $50 per month for minimum coverage and $99 per month for full coverage. These rates rank among Illinois's lowest, making Peoria an affordable market for drivers.

GEICO's minimum coverage rate of $29 monthly demonstrates the exceptional savings available in this market. Your final rate depends on factors like your age, driving history and coverage choices.

Car insurance rates by ZIP code in Peoria range from $46 to $109 per month. ZIP code 61604 has the highest rates, while 61525 has the lowest. Check the average rates for your ZIP code in the table below.

Peoria drivers pay more than average for car insurance, but finding affordable coverage is straightforward. Follow these steps to secure better rates and pick the right coverage.

Car insurance rates in Peoria depend on your age, driving record and credit score. GEICO and Auto-Owners offer the lowest average premiums in the city, but compare quotes from multiple providers to find your best rate.

Our research team answers your questions about finding affordable car insurance in Peoria. We'll help you understand coverage options and identify the cheapest rates that still meet your needs.

To help drivers in Peoria find affordable car insurance, MoneyGeek analyzed rates using data from the Illinois Department of Insurance and Quadrant Information Services. 

We reviewed all ZIP codes in Peoria and analyzed hundreds of thousands of quotes from 12 insurers operating in Illinois to identify the best and most budget-friendly options for local drivers.

Peoria Driver Profile

To calculate average insurance rates, MoneyGeek used the following sample driver profile:

• 40-year-old male
• 2012 Toyota Camry LE
• Clean driving record
• 12,000 miles driven annually
• Good credit
• Valid license
• Currently insured
• No claims history

We also adjusted key factors such as age, driving record, credit score and military affiliation to find the most suitable insurers for different types of drivers.

Coverage Levels in Peoria

We compared the most affordable companies for both minimum coverage and full coverage auto insurance policies.

The minimum coverage requirements in Illinois are:

• $30,000 bodily injury liability per person
• $60,000 bodily injury liability per accident
• $25,000 property damage liability per accident

For a full coverage policy, we used the following coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $100,000 property damage liability per accident
• Comprehensive and collision insurance, each with a $1,000 deductible

Our Best Company Rating Methodology

MoneyGeek rated all insurance companies in Peoria using the following factors:

• Affordability (60% of score): Based on quotes for common driver profiles and comparisons with other insurers in the city.
• Customer Experience (30% of Score): Evaluated using reviews from Google, ratings from J.D. Power and AM Bestand feedback from online forums such as Reddit.
• Coverage Options (10% of Score): Determined by the range and uniqueness of each provider’s available coverages and included benefits.