Car insurance in Rockford costs $824 per year on average, less expensive than the state average. GEICO has an average rate of $533 per year, making it the cheapest option for most Rockford drivers. MoneyGeek analyzed the cheapest companies by coverage amount. If you value both affordability and service quality, MoneyGeek also evaluated the best companies in Rockford.
Compare the Cheapest Car Insurance Quotes in Rockford
The Cheapest and Best Car Insurance in Rockford
The Cheapest Car Insurance Companies in Rockford
For most Rockford drivers with a full coverage policy, the most affordable companies on average are:
- GEICO: $533 per year
- Mercury: $604 per year
When looking for the best car insurance, many drivers consider the cost of annual premiums. By shopping around, you can find the best rates for your personal needs. For many Rockford drivers, a MetLife policy costs almost twice as much as GEICO. It’s average rate is $1,148 per year.
All prices above are based on a 40-year-old male driver with a full coverage policy, which includes liability insurance, as well as comprehensive and collision insurance.
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Average Cost of Car Insurance in Rockford
The average cost of car insurance in Rockford is $824, less expensive than the state and national annual averages.
For auto insurance, the state average annual premium is $1,134. That is 27.3% more than the city average. Rockford drivers also typically pay 42.1% cheaper rates compared to the national average of $1,424.
The Best Car Insurance Companies in Rockford
For drivers looking for a balance of affordability and quality service, MoneyGeek determined the best companies. The top insurers in Rockford are:
- Erie Insurance (MoneyGeek score of 95 out of 100)
- The Hartford (MoneyGeek score of 87.5 out of 100)
USAA is the highest-scoring company overall, however MoneyGeek did not list it as best overall because it is only available to military members, veterans and their families.
To create our unique scoring system we used a variety of factors that includes J.D. Power’s user satisfaction, affordability and financial stability ratings.
Personalized Quotes to Get You the Cheapest Car Insurance in Rockford
Getting personalized quotes based on individualized factors, such as age, ZIP code, car make and model, credit score and gender can help you find the best rates and coverage. Compare car insurance quotes regularly to determine if you qualify for discounts, rebates or other savings as your circumstances change.
Shopping around for car insurance in Rockford could save you $291, which is enough to buy:
Cheapest Car Insurance in Rockford by Coverage Amount
An important factor affecting the price of your annual premium is the amount of coverage you buy. For many Rockford drivers, a policy only meeting the state minimums costs $438 per year on average. Meanwhile, a full coverage policy with higher liability costs an average of $824. That is a difference of $386.
Illinois Minimum Liability Requirements
- 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.
Of course, affordable car insurance is a good thing. However, it is important to ensure that the type of coverage you choose fits your needs. For instance, if you want the cheapest option, GEICO has an average rate of $275 annually for a policy meeting only the state minimums.
If you are looking for additional protection, then a 50/100/50 liability-only or full coverage policy may be right for you. That means you can get up to $50,000 for bodily injury per person, $100,000 for total injuries per accident and $50,000 for property damage. On average, a full coverage policy from GEICO costs $157 more than a liability-only policy.
Purchasing a full coverage policy with higher payout limits will provide more protection. GEICO has the cheapest average rate at $533.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Rockford if You Have Driving Violations
Generally, drivers with a clean driving record pay cheaper car insurance in Rockford. A moving violation, such as speeding tickets or a DUI, will increase your rates. For instance, a State Farm policy for drivers with no violations costs $680 on average. Having a speeding ticket or DUI will increase that by $65 or a total of $745. Meanwhile, a similar policy for a driver with an at-fault accident on record costs $811 on average.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Your address will also play a role in determining auto insurance rates in Illinois. Each ZIP code has a different average rate due to differences in accident statistics, car theft incidents and the number of uninsured drivers.
In Rockford, the cheapest neighborhood is ZIP code 61107. The average rate for drivers living in that ZIP code is $821 per year. The average rate in the most expensive neighborhood, which is 61108, is $826, a difference of $5.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Rockford
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 Rockford. How Rockford ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Rockford 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.
About the Author
- Kaiser Family Foundation. "2019 Employer Health Benefits Survey." Accessed January 16, 2020.