You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the technical advice and tools needed to succeed throughout animation ’ s fiscal travel. Bankrate ’ s column team writes on behalf of YOU – the reviewer. Our finish is to give you the best advice to help you make smart personal finance decisions. We follow rigid guidelines to ensure that our editorial contented is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. so, whether you ’ re reading an article or a review, you can trust that you ’ re getting credible and dependable information. We value your trust. Our mission is to provide readers with accurate and indifferent information, and we have column standards in identify to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you ’ re read is accurate. We maintain a firewall between our advertisers and our column team. Our editorial team does not receive direct recompense from our advertisers. Bankrate follows a stern column policy, so you can trust that we ’ ra putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right fiscal decisions. All providers discussed on our locate are vetted based on the value they provide. And we constantly review our criteria to ensure we ’ rhenium putting accuracy first. Our policy team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer overhaul, policy features and savings opportunities — so you can feel confident about which provider is right for you. Bankrate follows a rigorous editorial policy, so you can trust that we ’ ra putting your interests first gear. All of our contentedness is authored by highly restricted professionals and reviewed by subject matter experts, who ensure everything we publish is aim, accurate and worthy of your trust. Founded in 1976, Bankrate has a long cut phonograph record of helping people make fresh fiscal choices. We ’ ve maintained this reputation for over four decades by demystifying the fiscal decision-making process and giving people assurance in which actions to take future. While we adhere to strict column integrity, this military post may contain references to products from our partners. here ‘s an explanation for how we make money. This contented is powered by HomeInsurance.com ( NPN : 8781838 ). For more information, please see our Insurance disclosure. The average cost of car indemnity in Chicago for broad coverage is $ 2,150 per year, closely $ 700 more expensive than the state modal for Illinois. There are low-cost options, however. According to premium data pulled from Quadrant Information Services, Bankrate’s study of major car insurance providers in the city found that Geico offers the cheapest average full coverage rates at just $1,167 per year. Some people ’ s primary coil goal is to find the cheapest car policy ship’s company, but for many, quality is all-important, besides. That ’ sulfur why our editorial team scoured the major carriers writing policies in the city to find both. here ’ s what we found in our search for the best and cheapest car insurance in Chicago. light bulb
Key takeaways
- Geico’s average annual full coverage rate is by far the cheapest on our list at $1,167, over $300 cheaper than second-place Erie at $1,497.
- On average, the annual premium for full coverage car insurance in Chicago is $665 more expensive than the Illinois average of $1,485.
- To keep your insurance rates low in Chicago, you may want to keep a clean driving record, drive a vehicle equipped with safety features, shop for discounts that apply to you and adjust your coverage as your vehicle ages.
Best cheap car insurance companies in Chicago
If you’re looking for the cheapest rates for car insurance, Chicago’s top option is Geico, followed closely by Erie and USAA. While Chicago car policy is typically more expensive than car insurance in the rest of Illinois, Geico besides claims the top spot on our tilt of bum cable car policy companies in Illinois. When deciding which companies to feature, we first reviewed average premiums obtained from Quadrant Information Services for the major car policy providers in the Chicago area. We besides analyzed each company ’ sulfur J.D. Power customer satisfaction seduce. Each of the companies featured here has an above-industry-average sexual conquest. We besides chose companies whose AM Best fiscal military capability scores indicate a solid fiscal standing for paying claims. ultimately, we reviewed each company ’ mho coverage options, available discounts and policy features. Using a combination of these factors, we created a Bankrate score to help you see how these companies stack up against each other. Five is the highest score possible .
| Insurance company | Bankrate Score | J.D. Power score | Average annual premium for minimum coverage | Average annual premium for full coverage |
|---|---|---|---|---|
| Geico | 4.6 | 837 / 1,000 | $351 | $1,167 |
| Erie | 4.4 | 857 / 1,000 | $486 | $1,493 |
| USAA | 4.8 | *895 / 1,000 | $502 | $1,520 |
| Grange | 3.6 | 826 / 1,000 | $509 | $1,640 |
| Auto-Owners | 4.6 | 842 / 1,000 | $565 | $1,521 |
*Not officially ranked by J.D. Power due to eligibility requirements .
Geico
Might be ideal for: Drivers looking for a broad range of potential discounts. Geico offers the cheapest minimum and fully coverage premiums on our number by far, making it a great blame for the careful car insurance shopper. The company besides receives an above-average Bankrate Score. Although Geico ’ mho policies are relatively basic — there are not many options to tailor your coverage to your needs — the cheap premiums and excellent customer serve may still encourage you to request a quote. Geico is possibly best known for offering one of the longest lists of discounts in the diligence. You might save for being a federal employee, a military member, having a vehicle with safety features, taking a driver education course or being affiliated with certain groups, like alumnus associations, among others. Learn more: Geico Insurance follow-up
Erie
Might be ideal for: Drivers looking for more coverage included in a criterion policy. While higher than Geico ’ south, Erie ’ south average premiums in the Chicago sphere are silent some of the most competitive on our list. Erie stands out for offering more coverage on its standard policy than some early companies, including locksmith coverage, pet coverage and personal items coverage. If price is still a concern, Erie offers an extensive list of discounts to help you control your premium. There are more standard options, like savings for young drivers, base hit devices and bundling your indemnity, but there are besides some unique savings opportunities. Erie Rate Lock, for case, is a policy have that prevents your premium from increasing unless you make certain changes to your policy, like adding a vehicle or driver. however, Erie receives the second-lowest Bankrate sexual conquest on our list, in part due to its higher-than-average count of NAIC complaints. Learn more: Erie Insurance review
USAA
Might be ideal for: military families looking for firm customer serve and low average rates. USAA received the highest number of points from J.D. Power in the North Central region, but it is not eligible for official rank because it merely sells coverage to current military members, veterans and their immediate kin members. If you qualify, a quote from USAA might be a good theme. The caller offers potent customer service and several optional coverages in addition to systematically low average rates. USAA besides provides discounts for firm customers, new cars, safe drivers, defensive drivers and good students. The car indemnity supplier besides offers alone military-focused discounts, like savings for storing your vehicle on a military base and storing your vehicle while you are deployed. One victimize is that USAA alone offers coverage to military personnel and qualifying family members. Learn more: USAA Insurance review
Grange
Might be ideal for: Drivers looking for a regional carrier that allows them to customize their policy. Grange ’ s full coverage premium is the highest on our list but is still well below Chicago ’ second average. Grange presently offers coverage in merely 13 states, including Illinois. The company provides numerous ways to customize your coverage, including adding pet and mobile call coverage, gap indemnity, identity larceny coverage and original equipment manufacturer ( OEM ) coverage. Grange besides offers a long list of discounts, including savings for multiple policies, multiple vehicles, dependable drivers and beneficial students. Grange besides offers a telematics platform called OnTrack. The program works through a mobile app to track your driving history and offer you a personalize discount rate of up to 25 %. Grange has the lowest Bankrate score on our list due to lack of on-line policy management, a slenderly higher than average NAIC complaint index and a lack of ratings from S & P and Moody ’ s. Learn more: Grange Insurance revue
Auto-Owners
Might be ideal for: Drivers who want to customize their policy. Auto-Owners is a regional policy company that sells coverage in just 26 states, including Illinois. While the party is limited in its scope, it makes up for it in other areas. The company ’ mho average minimal and wax coverage premiums are lower than the Chicago average. Auto-Owners besides offers you the ability to customize your policy with options like road worry service, new car successor, gap coverage and diminished rate coverage. You may besides be able to save by taking advantage of Auto-Owners ’ numerous discounts. You might qualify for savings if you pay in full, sign up for a paperless policy, get a quotation mark in progress of your effective date or buy more than one type of insurance from Auto-Owners. Learn more: Auto-Owners Insurance revue
How to get and keep the cheapest car insurance in Chicago
If you live in Chicago and want to get the most competitive rates for your circumstances, the following tips could help. To find cheap cable car indemnity rates in Chicago, you can :
- Request and compare quotes from the cheapest car insurance companies to get the most affordable rates.
- Take time to learn how much coverage you should have and what coverage limits are best for you.
- Choose an insurance provider with lots of discounts that apply to you.
- Continuously re-evaluate your carrier to make sure you’re getting the most affordable rates available.
- Adjust your coverage as your vehicle ages.
To keep bum car policy rates in Chicago, you may want to :
- Maintain clean driving records so that insurance providers don’t see you as high-risk.
- Make sure your insurer knows about your safe driving habits, even if this means allowing your carrier to use telematics to track your driving in real-time.
- Reduce your claims risk by driving a car equipped with top-notch safety features.
- Be mindful of where you move within the Chicago area. Insurance rates can be much more expensive in certain ZIP codes in the metro area than in less-populated suburbs and rural areas.
Every company will have its own range of discounts, and the savings percentages will vary. The best way to identify savings opportunities is to talk to an agent or example from your cable car insurance caller .
Frequently asked questions
What are the best car insurance companies in Chicago?
The best car policy caller depends on your specific needs. The beginning step in shopping for policy is often identifying what you are specifically looking for from a caller. then you can get quotes from respective companies that meet your needs. finally, you can compare your quotes by looking at coverages, discounts, policy features and third-party ratings to choose the best option for you .
What happens if you drive without insurance in Illinois?
cable car insurance is a necessity for drivers in Illinois, and driving without insurance is illegal. If you drive without insurance, you may face fines, license suspension and having your vehicle impounded. If you cause an accident and don ’ t have indemnity, you could be creditworthy for paying for the damages and injuries you cause out of pouch. This could lead to fiscal devastation and evening a lawsuit and seizure of assets if you can not pay .
Why is car insurance in Chicago so expensive?
Chicago is a busy sphere. The city ’ s roads and the roads of the surrounding area are frequently busy and congested. With so many cars on the road, there may be a greater likelihood that you will get into an accident. Certain areas of the city are besides at greater risk of vandalism or larceny than other areas, peculiarly rural areas in Illinois outside the city. car policy is based on gamble, so car indemnity companies charge a higher agio to compensate for the increased risk of claims. You may be able to keep your premium low by avoiding accidents and tickets, utilizing discounts and choosing a company that offers brassy average rates .
How can I lower my car insurance rates in Chicago?
You may be able to lower your car insurance rates by comparing quotes from multiple carriers, choosing a mailman with discounts that apply to you, driving a vehicle equipped with base hit features, keeping a clean drive criminal record and adjusting your coverage as your vehicle ages .
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a scavenge drive record, thoroughly citation and the follow full coverage limits :
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state ’ randomness requirements. Our infrastructure profile drivers own a 2019 Toyota Camry, change five days a week and drive 12,000 miles per annum. These are sample rates and should only be used for comparative purposes.
Bankrate Score
Bankrate Scores primarily reflect a burden membership of industry-standard ratings for fiscal force and customer have in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is crucial for drivers to be confident their fiscal protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support. To determine how well the best car policy companies satisfy these priorities, third-party means ratings from J.D. Power, AM Best, S & P, NAIC, and Moodys had the most impact on the companies ’ Bankrate Scores. As price is a coarse retainer for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a footing on which drivers may compare each provider. While coverage options, insurance company handiness, affordability and customer experience are much the exceed priorities, Bankrate besides analyzed each insurance company ’ sulfur on-line and fluid resources for policy management and claims handling. indemnity is quickly evolving to keep pace with our digital world, so these aspects besides carried system of weights in determining Bankrate Scores .