For comparison, the national average annual car insurance. How much does car insurance cost? Searching for cheap car insurance quotes with several insurers is the best way to find lower rates. By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than they did in their teens and 20s. As you can see from the table above, younger drivers in Illinois will pay much more for car insurance than older drivers.
Illinois coverage options vary in both variety and cost, from state minimum liability insurance to comprehensive coverage, collision coverage and full-coverage car insurance. However, it's possible to save money on insurance payments for young drivers by adding them to their parents' car insurance policy. If you're looking for the cheapest options in The Windy City, check out NerdWallet's guide to the cheapest car insurance in Chicago. The provider also offers a variety of auto insurance discounts, including discounts for multiple cars and policies, a discount for accredited drivers, and a discount for defensive drivers.
While car insurance costs vary greatly from state to state, there can also be a large variation between costs in different cities in a particular state. For example, having a speeding ticket will increase your car insurance by 27 percent on average in Illinois, while having a DUI could increase your rate by an average of 86 percent. Prairie State drivers can use these average car insurance rates in Illinois as a starting point for comparing company quotes based on their personal driving profile. As you can see from the table above, someone who lives in a big city like Chicago will pay a higher car insurance rate than someone from a smaller city in Illinois.
Illinois is one of many states that allow auto insurance companies to base rates on the driver's credit rating. Katie Powers is an insurance writer at Insurify with a license as a property and accident insurance producer in Massachusetts and experience in personal finance and auto insurance issues. Because insurance coverage rates are cheaper in Illinois than the national average, you have a great chance of finding good car insurance in Illinois at great prices. Comprehensive car insurance expands basic liability insurance by adding coverage for your vehicle and will better protect you financially in the event of an accident than minimum coverage.