Car insurance in Springfield costs $806 per year on average, which is 28.9% cheaper than the state average. The cheapest car insurer is Geico at $558 annually. MoneyGeek analyzed car insurance rates in Springfield based on coverage amounts and driving history. Our analysis will help you find the best combination of quality coverage and affordability in Springfield.
Compare the Cheapest Car Insurance Quotes in Springfield
The Cheapest and Best Car Insurance in Springfield
The Cheapest Car Insurance Companies in Springfield
On average, the cheapest car insurance companies in Springfield for a full coverage policy are:
- GEICO: $558 per year
- Mercury: $609 per year
For most drivers in Springfield, AAA, the most expensive option, costs $1,223 per year. This is 119.2% as much as GEICO, the cheapest option. This means that if you want to find the best car insurance companies based on rates, you should compare different insurers.
The rates used in this analysis were calculated based on the profile of a 40-year-old male driver with a full coverage policy, which includes liability insurance and comprehensive and collision insurance.
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Average Cost of Car Insurance in Springfield
The average cost of car insurance in Springfield is $806 per year. Compared to the state average of $1,134 per year, Springfield is roughly 28.9% cheaper. The average national rate is $1,424 per year, meaning that car insurance rates in Springfield are 43.4% cheaper than the national rate. You can compare car insurance rates for different states to find the average rate for your state.
The Best Car Insurance Companies in Springfield
MoneyGeek found that the best car insurance companies in Springfield for drivers who want to balance affordability and quality of service are:
- Erie: MoneyGeek score of 95 out of 100
- The Hartford: MoneyGeek score of 87.5 out of 100
For current and former military members in Springfield, USAA is the best option and scored 100 points.
MoneyGeek’s unique rating system incorporates affordability, customer satisfaction and financial stability scores to determine the top insurers in Springfield.
Personalized Quotes to Get You the Cheapest Car Insurance in Springfield
Car insurance rates in Springfield vary depending on factors such as age, the make and model of your car, driving experience and other factors. Therefore, it is important to get a personalized quote that is customized to your needs. Getting personalized quotes frequently and comparing car insurance rates from different companies will also help you find discounts or rebates that you may be eligible for.
Shopping around for car insurance in Springfield could save you $248, which is enough to buy:
Cheapest Car Insurance in Springfield by Coverage Amount
Car insurance costs in Springfield and other states vary significantly based on the coverage amount you purchase. For a liability-only policy that meets the minimums set by the state, you will pay an average of $424 per year. A full coverage policy costs $806 yearly. This means rates may vary by up to $382 yearly depending on the coverage limit you choose.
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.
In Springfield, GEICO offers the cheapest state minimum liability-only policy at $274 per year. For an extra $49 yearly, you can increase your liability coverage to 50/100/50. This coverage gives you a $50,000 per person limit, a $100,000 limit per accident and $50,000 for property damage.
For a full coverage policy in Springfield with a 50/100/50 coverage, GEICO is the cheapest insurer at $502 per year. However, for just $56 more per year, you can increase your coverage to 100/300/100. This policy will cover up to $100,000 in medical bills per person, with a maximum per vehicle of $300,000 and $100,000 in property damage.
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 Springfield if You Have Driving Violations
Your driving record is a key factor when it comes to the cost of car insurance. In Springfield, GEICO is the cheapest option for drivers with no violations at $558. However, for drivers with a speeding ticket, this cost can increase by roughly $114 per year. Drivers with a DUI may pay $605 per year more. Drivers with an at-fault accident violation could pay $245 more than drivers with clean records.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Your ZIP code is one of the factors that will impact your car insurance premiums. People in areas with higher accident rates and more car thefts will typically pay more than those in areas with fewer claim incidences.
In Springfield, the most expensive ZIP code for car insurance is 62702, which costs an average of $812 yearly. This rate is marginally higher than the safest ZIP code, 62704, which costs $801 yearly. You can find the cost for your location by comparing car insurance quotes.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Springfield
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Springfield. How Springfield 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 Springfield 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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