Finding decent, cheap auto insurance is not the easiest thing to do, and deciding which companies offer the cheapest auto insurance rates for drivers with accidents involves a bit more work.
Every insurance company uses a slightly different approach for establishing rates, so first let’s look at the rankings for the lowest cost auto insurance companies in Illinois. It’s important to know that Chicago auto insurance rates are determined by lots of factors which can substantially change the price you pay for coverage. Improving your credit rating, buying a home instead of renting, or getting a few speeding tickets can cause premium changes that may make certain companies higher-priced than before.
Find the Best Cheap Insurance for Accident Prone Drivers
|Rank||Company||Cost Per Year|
|Find Cheaper Rates Go|
The Hartford generally has some of the most affordable car insurance rates in Chicago at around $753 annually. This is $596 less than the average rate paid by Illinois drivers of $1,349. Rockford Mutual, Titan, Erie, and Cincinnati Insurance also are some of the cheapest Chicago, IL auto insurance companies.
As the rates illustrate above, if you have coverage with Rockford Mutual and switched to The Hartford, you might see yearly savings of roughly $85. Policyholders with Titan might save as much as $99 a year, and Erie policyholders might cut rates by $134 a year.
If you want to find out if you’re overpaying, click here to get a free quote or click through to the companies below.
Remember that these prices are averages across all insureds and vehicles and and are not calculated with a specific location for drivers with accidents. So the auto insurance company that fits your situation best may not even be in the top 36 companies shown above. That points out the importance of why you need to compare as many prices as possible using your own driver and vehicle profiles.
The vehicle you are buying coverage for is one of the largest factors that determines whether or not you can buy the cheapest insurance for drivers with accidents. Vehicles with higher performance, poor passenger safety features, or a track record of large liability claims will cost much more to insure than more economical and safe models.
The data below showcases auto insurance premiums for some of the most cost-effective automobiles to insure in Illinois.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Ford Escape XLS 4WD||$5,235|
|Honda CR-V EX 4WD||$5,309|
|Ford Edge SEL 2WD||$5,541|
|Toyota Tacoma 2WD||$5,549|
|Chevrolet Malibu LS||$5,598|
|Toyota RAV4 Sport 4WD||$5,606|
|Jeep Wrangler Sahara 4WD 2-Dr||$5,681|
|Dodge Grand Caravan CV||$5,691|
|Ford Explorer XLT AWD||$5,681|
|Chevrolet Impala LTZ||$5,885|
|Nissan Altima 2.5 4-Dr Sedan||$5,990|
|Ford F-150 Lariat Crew Cab Harley 4WD||$6,006|
|Volkswagen Jetta SE 2.5 Station Wagon||$6,028|
|Toyota Camry LE||$6,203|
|Jeep Grand Cherokee Laredo 2WD||$6,210|
|Honda Civic LX 4-Dr Sedan||$6,235|
|Hyundai Elantra Blue 4-Dr Sedan||$6,242|
|Honda Odyssey EX-L W/Rear Entertainment||$6,298|
|Toyota Corolla XRS||$6,365|
|Chevrolet Equinox LTZ AWD||$6,372|
|Kia Optima EX||$6,403|
|Hyundai Sonata Limited 4-Dr Sedan||$6,409|
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Price data assumes single female driver age 30, no speeding tickets, two at-fault accidents, $1,000 deductibles, and Illinois minimum liability limits. Discounts applied include multi-policy, homeowner, and multi-vehicle. Prices do not factor in vehicle location which can change auto insurance rates noticeably.
Looking at the numbers, you can conclude that makes and models like the Ford Escape, Honda CR-V, and Ford Edge are most likely going to be the less-costly vehicles to insure for drivers with at-fault accidents. Prices will be more costly just because there is a higher risk for drivers with accidents, but overall those vehicles will tend to have the cheapest auto insurance rates that you’ll find.
For drivers with at-fault accidents, one of the more important things that are looked at to help calculate auto insurance rates is where your car is garaged. Cities with larger populations tend to pay more, whereas more rural areas benefit from lower prices.
The information below shows the most expensive cities in Illinois for drivers with accidents to purchase car insurance in. Chicago shows up at #1 with the annual price of $1,544 for the average policyholder, which is about $129 monthly.
|Rank||City||Average Per Year|
|Find the Best Rates Go|
Prices are comparative as the specific garaging location can modify price quotes greatly.
Insurance rate increases from tickets or accidents
The easiest way to get affordable auto insurance prices in Chicago for drivers with at-fault accidents is to be a good driver and not have accidents or get tickets. The chart below highlights how traffic violations and accidents raise annual premium costs for each different age group. The premiums are based on a single male driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.
In the prior example, the average cost of car insurance per year with no accidents or violations is $1,871. Get two speeding tickets and the average cost surges to $2,478, an increase of $607 each year. Then add two accidents along with the two speeding tickets and the annual cost of auto insurance for drivers with accidents goes up to an average of $4,704. That’s an increase of $2,834, or $236 per month, just for a couple of infractions!
The example below illustrates how your choice of deductibles can change insurance prices when searching for cheap insurance for drivers with accidents. The rates are based on a single female driver, full physical damage coverage, and no other discounts are factored in.
As shown above, a 30-year-old driver could lower their car insurance rates by $322 a year by switching from a $100 deductible up to a $500 deductible, or save $484 by switching to a $1,000 deductible. Even younger insureds, such as the 20-year-old chart data, can save as much as $718 or more by choosing a higher deductible. When increasing deductibles, it is important to have additional funds in a savings account to be able to cover the extra out-of-pocket expense that is associated with using high deductibles.
Finding the top car insurance provider can be difficult considering how many choices you have in Illinois. The information in the lists below can help you analyze which auto insurers to look at when comparing auto insurance rates for drivers with accidents.
These rankings include companies that insure vehicles across America, so companies with more of a regional focus are not taken into consideration for these rankings. To compare rates from these top-rated insurers and more, click this link.
Top 10 Large Auto Insurance Companies Overall in Chicago
- 21st Century
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- American Family
Top 10 Large Auto Insurance Companies in Chicago Ranked by Claims Service
- Liberty Mutual
- AAA Insurance
- Safeco Insurance
- Mercury Insurance
How to find economical auto insurance for drivers with accidents
Below you’ll find many penny-pinching solutions that can help you find more affordable car insurance.
- At-fault accidents will increase rates
- Bundle home and auto and save
- Higher credit scores can equal lower rates
- Raise your deductibles
- Tickets and violations raise rates
- If possible, pay for small claims out-of-pocket
- Compare rates often to find the best deal
The final tip is extremely vital, as was discussed in this article. Coverage rates in Chicago can change in a short period of time, so don’t be afraid to switch carriers if a cheaper rate is available.
Staying with the same car insurance company is fine, but it’s not recommended if that inflexibility results in costing you big bucks every year. Now is a great time to compare prices to find cheaper car insurance for drivers with accidents.
The Chicago auto insurance agencies shown below can help you decide which coverages and limits you need, as some drivers have questions and prefer to have the advice of a professional agent when comparing insurance rates for drivers with at-fault accidents. It can be challenging to find the best coverage yourself, and insurance agents can bring comfort knowing your policy gives you adequate asset protection. To locate an agency in your neighborhood, click the link after the list or click here to compare price quotes now.
Great Northern Insurance Agency
5632 S Pulaski Rd – Chicago, IL 60629 – (773) 838-3900
Mark Mackey – State Farm Insurance Agent
3338 W Foster Ave – Chicago, IL 60625 – (773) 604-4334
Jim Tom – State Farm Insurance Agent
4317 N Lincoln Ave – Chicago, IL 60618 – (773) 477-3300
Neal Gallo – State Farm Insurance Agent
6666 N Western Ave – Chicago, IL 60645 – (773) 743-6565