For comparison, the annual average of domestic cars. How much does car insurance cost? The best auto insurance company in Illinois depends on your coverage needs and your personal driving profile. With great credit, you could save about 14 percent compared to the average cost of car insurance in Illinois. If you opt for an auto insurance policy with more coverages or features, you'll pay more each month for it.
Yes, car insurance is cheaper in Illinois compared to the national average for car insurance with full coverage. 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. The average cost of car insurance in Illinois is 12% lower than the national average auto insurance premium. There are several factors that affect how much you'll pay for car insurance in Illinois, such as your driving history, age and location, the amount of coverage you buy, and the insurance company you buy it from.
Bankrate's insurance editorial team, which includes three licensed insurance agents, also analyzed the data to determine the average cost of car insurance in Illinois in several categories, including several cities and various age groups, genders, credit rating levels, driving records and vehicle types. Full-coverage car insurance provides comprehensive and collision coverage for your own injuries and damages after an accident. Aside from that, the best way to reduce your car insurance costs is to compare the rates of at least three insurance companies. Learn more about when to cancel optional coverage and penalties for driving without insurance in Illinois to make sure you're paying for the coverage you need.
If you lease your car or are paying off a loan, your lender or dealer will likely require you to have car insurance with full coverage. Buying Illinois minimum liability auto insurance coverage is the easiest way to meet the financial responsibility requirement. The cost of car insurance policies can vary widely depending on factors such as the driver's history and the level of coverage of the policy. However, insuring a BMW 330i could mean paying much more than the average cost of car insurance in Illinois.