What is the Best Car Insurance in Chicago, IL?

Finding low-priced auto insurance is not easy, and deciding which company has the cheapest insurance rates in Chicago will involve even more rate comparisons. Each insurance company has their own guidelines to establish rates, so let’s begin by taking a look at the overall cheapest insurance companies in Chicago.

It’s important to understand that Chicago insurance rates are impacted by many factors that may substantially change the price you have to pay. Simply having a birthday, buying a different vehicle, or getting into an accident may cause policy rate changes that may make certain companies much higher than others.

Cheapest insurance companies in Illinois
Rank Company Cost Per Year
1 The Hartford $746
2 Rockford Mutual $847
3 Titan $852
4 Erie $905
5 Cincinnati Insurance $915
6 Utica National $946
7 USAA $979
8 Travelers $990
9 State Farm $1,002
10 SECURA $1,005
11 Auto-Owners $1,022
12 Safeco $1,053
13 GEICO $1,074
14 Amica $1,120
15 Farmers $1,135
16 California Casualty $1,197
17 MetLife $1,207
18 Esurance $1,221
19 State Auto $1,223
20 Progressive $1,243
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The Hartford quotes some of the lowest car insurance rates in Chicago at around $746 annually. Rockford Mutual, Titan, Erie, and Cincinnati Insurance would also make the list of some of the most economical Chicago, IL auto insurance companies.

As illustrated above, if you currently have coverage with Erie and switched to Rockford Mutual, you could see annual savings of roughly $58. Insureds with Cincinnati Insurance could save as much as $68 a year, and Utica National policyholders might lower prices by $99 a year.

Bear in mind that those estimates are averaged for all drivers and vehicles and are not factoring in a specific location in Chicago. So the company that fits your needs best may not even be in the top 36 companies in the list above. That helps illustrate why you need to get car insurance quotes using your own individual information.

For drivers in Chicago, one of the more important factors that are used to help calculate the cost of insurance is where your car is garaged. Areas with a lot of weather claims or more people tend to have more expensive auto insurance rates, whereas areas with less crime or weather claims profit from lower rates.

The following table rates the most expensive places in Illinois to purchase auto insurance in. Chicago makes the list at #2 with the annual price of $1,529 for the average insurance policy, which is about $127 each month.

How much does car insurance cost in Chicago, IL?
Rank City Premium Per Year
1 Cicero $1,588
2 Chicago $1,529
3 Berwyn $1,449
4 Skokie $1,433
5 Des Plaines $1,274
6 Evanston $1,264
7 Oak Lawn $1,243
8 Joliet $1,180
9 Waukegan $1,176
10 Orland Park $1,173
11 Schaumburg $1,169
12 Mount Prospect $1,169
13 Tinley Park $1,166
14 Bolingbrook $1,162
15 Palatine $1,155
16 Rockford $1,119
17 Elgin $1,117
18 Arlington Heights $1,095
19 Peoria $1,082
20 Springfield $1,070
21 Decatur $1,044
22 Aurora $1,043
23 Naperville $1,042
24 Champaign $971
25 Bloomington $942
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Premium amounts are estimated as specific Chicago zip code can impact coverage prices noticeably.

The type of vehicle needing coverage is one of the main factors when trying to find the most economical insurance in Chicago. Vehicles with lots of horsepower, poor safety features, or high incidents of liability claims will cost more to insure than more modest models. The data below shows car insurance costs for some of the most economical automobiles to buy coverage for.

Cheapest Vehicles to Insure in Chicago, IL
Vehicle Insured Estimated Cost for Full Coverage
Ford Escape XLT 2WD $1,888
Honda Accord LX-P 4-Dr Sedan $2,163
Ford Focus S 4-Dr Sedan $2,191
Honda CR-V EX-L 4WD $2,213
Jeep Grand Cherokee Laredo 2WD $2,235
Chevrolet Malibu LS $2,243
Ford F-150 Lariat Crew Cab 4WD $2,278
Nissan Altima 2.5 S 4-Dr Sedan $2,353
Honda Odyssey EX-L $2,359
GMC Sierra 2500HD SLE Regular Cab 4WD $2,397
Nissan Rogue SL 2WD $2,400
Jeep Wrangler Sahara 4WD 2-Dr $2,428
Dodge Ram Quad Cab SLT 4WD $2,444
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Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Estimates do not factor in specific location information which can alter price quotes greatly.

Looking at the data, we can conclude that vehicles like the Ford Escape, Honda Accord, and Ford Focus are going to be some of the most affordable vehicles to insure for drivers in Chicago.

Discounts on Chicago insurance

Save on insurance for drivers in Chicago in ChicagoInsurance companies that offer quotes in Chicago may also offer price discounts that may potentially lower prices by 40% or more if you meet eligibility requirements. Large insurance companies and some of the premium reductions they offer are included below.

The illustration below shows the comparison of annual premium costs with and without some available policy discounts. Data assumes a female driver, no driving violations, no at-fault accidents, Illinois state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.

The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with homeowner, accident-free, anti-theft, vehicle safety, multiple vehicle, and claim-free discounts applied. With discounts applied, theaverage amount saved on insurance in Chicago is 28% or $436.

If you have coverage questions and would like to have a professional recommendation when shopping for cheaper insurance for drivers in Chicago, the professional agents shown below can most likely aid you in deciding which insurance coverage will be best for you. To find an agent near you, click the link after the list or click here to compare price quotes.

Neal Gallo – State Farm Insurance Agent
6666 N Western AveChicago, IL 60645(773) 743-6565

Northwest Insurance Network
330 S Wells St #1600Chicago, IL 60606(312) 427-1777

Angela Roudez – State Farm Insurance Agent
1505 S State StChicago, IL 60605(312) 663-1820

Roni Siegel – State Farm Insurance Agent
860 N Clark StChicago, IL 60610(312) 751-0500

Vivian Valtas – State Farm Insurance Agent
6108 S Archer AveChicago, IL 60638(773) 582-3322

More insurance agents in Chicago, IL

How to find more affordable car insurance in Chicago

Here are some of the better thrifty suggestions that can help you find more affordable car insurance.

That last piece of advice is particularly valuable, as was pointed out in the article above. Auto insurance rates fluctuate constantly, so drivers shouldn’t be reluctant to buy from a new company if a cheaper rate is available.

Having brand loyalty is commendable, but it isn’t a good idea if your bullheadedness ends up costing you a small fortune year after year. It takes less than five minutes to shop around and find cheaper insurance in Chicago in Chicago.