As the largest city in Illinois and the third most populated city in the United States, Chicago tends to have insurance rates higher than the state average. One of the reasons is due to location, as the percentage of uninsured motorists and the rate of car thefts is high. 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. Personal factors, such as your driving history and the number and type of claims you've filed, can also affect the amount of car insurance in Illinois.
It also focuses on ensuring that Bankrate's insurance content represents and adheres to the Bankrate brand. If your main concern is getting the cheapest insurance possible, opt for the minimum liability coverage required by Illinois. However, insuring a BMW 330i could mean paying much more than the average cost of car insurance in Illinois. 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.
The companies that offer the cheapest car insurance in Illinois will vary as rates fluctuate over time and from person to person.
Having a speeding ticket, at-fault accident, or DUI on your record makes you a riskier driver for auto insurance companies.While you can't change many of the factors that affect car insurance rates, you can find affordable coverage by keeping a few things in mind. However, the amount you pay for car insurance may differ from the average, since your rates are calculated based on factors such as your zip code and driving history. Mandy writes about auto insurance, homeowners insurance, renters insurance, life insurance, disability insurance and supplemental products.
He has three years of experience writing for insurance websites such as Bankrate, MoneyGeek and The Simple Dollar. Below, you can see 10 popular auto insurance companies ranked based on their average minimum coverage costs in Chicago. Many factors affect car insurance costs, from your credit history and zip code to the type of vehicle you drive. Comprehensive auto 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.