Car insurance coverage in Chicago costs an average of $1,825 annually for full coverage. That's $378 more expensive than the national average of $1,447. If you are looking for the cheapest car insurance in Chicago, consider comparing quotes from multiple insurers. Rates can vary by hundreds of dollars, depending on your age, driving record, and the type of car you own.
Read this guide to find out which insurance companies in Chicago provide the best car insurance coverage for you. Also, know about the carriers that have the best ratings for customer satisfaction and what rate each provider offers for your specific situation.
Cheapest car insurance companies in Chicago
GEICO Casualty Co is the cheapest car insurance company in Chicago with an average cost of $826 per year, based on insurance.com's rate analysis. While American Family is second in terms of the cheapest car insurance companies in Chicago. The table below shows how major insurance carriers rank for price.
| Company | Average Annual Rates |
|---|---|
| GEICO Casualty Co | $826 |
| American Family | $1,103 |
| Standard Fire | $1,162 |
| Mercury of IL | $1,220 |
| Nationwide General | $1,238 |
| United Svcs Automobile Assn | $1,242 |
| State Farm Mutl Automobile Ins | $1,275 |
| Owners | $1,301 |
| Erie Ins Exchange | $1,421 |
| Progressive Universal | $1,488 |
| Illinois Farmers | $1,823 |
| Automobile Club Inter-Ins | $2,064 |
| Allstate F&C | $2,196 |
| Auto Club Ins Assn | $4,344 |
| Metropolitan Group P&C | $4,670 |
Cheapest car insurance cost in Chicago by age group
Among the carriers surveyed by Insurance.com, Geico Cas Co is the cheapest car insurance company for adult drivers. It offers insurance at about $1,328 a year or $111 a month.
Rates typically drop as you gain more experience on the road and adult drivers can save money by shopping around and availing themselves of the discounts for which they are eligible. Geico Cas Co is also the cheapest auto insurance company for seniors with an average cost of $1,248 annually.
Car insurance rates go up for drivers after they enter their senior years, but they can trim their insurance costs by comparing quotes. Apart from shopping around, seniors can take advantage of the driver discounts available to lower their car insurance premiums.
Geico Cas Co offers the cheapest car insurance for young adults in Chicago at about $1,831 a year. While Geico Cas Co is the cheapest insurance provider for teen drivers for full coverage at an average of $4,618 a year.
The table below shows that young drivers pay higher car insurance rates than adult and senior drivers because of the lack of experience on the road. But young drivers can lower their insurance rates by shopping around, by taking advantage of the good student discount, or by staying on their parents' insurance policy for as long as they can.
| Company Name | Adults | Seniors | Teens | Young Adults |
|---|---|---|---|---|
| Geico Cas Co | $1,328 | $1,248 | $4,618 | $1,831 |
| Progressive Northern Ins Co | $1,485 | $1,282 | $7,737 | $2,610 |
| State Farm Mut Auto Ins Co | $1,547 | $1,470 | $4,736 | $2,649 |
| Illinois Farmers Ins Co | $2,283 | $2,122 | $11,764 | $3,433 |
| Nationwide Gen Ins Co | $2,331 | $2,101 | $9,517 | $4,466 |
| Allstate Fire & Cas Ins Co | $3,275 | $3,430 | $7,956 | $5,298 |
Cheapest car insurance companies in Chicago by driver profile
Location and driving record are the two important factors that determine the cost of your car insurance. Your driving record can either raise or lower your car insurance premium depending on whether you have a good or bad driving history.
However, you can still find affordable coverage in Chicago no matter what your driving history looks like. Make sure you compare the rates of different insurance companies to get the best deal possible.
- Cheapest for a driver with Poor Credit: Nationwide
- Cheapest for a driver with a speeding ticket: State Farm
- Cheapest for accident: American Family
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Nationwide
Nationwide is the cheapest car insurance company for a driver with poor credit in Chicago. Its average annual rate is $2,578 or $215 a month.
Insurance companies often require that car drivers have good credit scores, and those with bad or poor credit may face more expensive rates.
| Company | Average Annual Rates |
|---|---|
| Nationwide | $2,578 |
| Standard Fire Ins Co | $2,640 |
| Geico | $2,713 |
| Mercury | $2,876 |
| American Family Ins Co | $2,897 |
| United | $3,165 |
| State Farm | $3,656 |
| Progressive | $3,961 |
| Illinois Farmers Ins Co | $3,968 |
| Erie Ins | $4,230 |
| Automobile Club Inter-Ins | $4,431 |
| Allstate | $4,886 |
| Owners Ins Co | $4,964 |
| Auto Club | $10,877 |
| Metropolitan | $13,738 |
Cheapest auto insurance for drivers with a speeding ticket: State Farm
State Farm is the cheapest auto insurance company for a driver with a speeding ticket in Chicago. Its average annual premium is $1,851 annually or $154 per month.
If you get a speeding ticket, it can lead to higher insurance rates for 3-5 years. Make sure you compare price quotes from multiple insurers before you decide on the company.
| Company | Average Annual Rates |
|---|---|
| State Farm | $1,851 |
| Erie Ins | $2,068 |
| American Family Ins Co | $2,210 |
| Nationwide | $2,310 |
| Standard Fire Ins Co | $2,327 |
| Geico | $2,396 |
| Owners Ins Co | $2,427 |
| United | $2,580 |
| Progressive | $2,734 |
| Mercury | $2,770 |
| Illinois Farmers Ins Co | $3,190 |
| Automobile Club Inter-Ins | $4,367 |
| Allstate | $4,507 |
| Auto Club | $9,410 |
| Metropolitan | $11,032 |
Cheapest auto insurance after an at-fault accident: American Family
American Family offers the cheapest car insurance rates for a driver with an accident record in Chicago at about $1,654 per year. Apart from American Family , State Farm, Owners , and Geico are other cheap insurance companies on our list.
| Company | Average Annual Rates |
|---|---|
| American Family Ins Co | $1,654 |
| State Farm | $2,019 |
| Owners Ins Co | $2,195 |
| Geico | $2,234 |
| Standard Fire Ins Co | $2,435 |
| Erie Ins | $2,511 |
| Nationwide | $2,585 |
| Progressive | $2,951 |
| United | $3,117 |
| Illinois Farmers Ins Co | $3,493 |
| Mercury | $3,556 |
| Automobile Club Inter-Ins | $4,719 |
| Allstate | $6,334 |
| Auto Club | $9,111 |
| Metropolitan | $13,704 |
Cheapest auto insurance after a DUI: State Farm
State Farm is the cheapest insurance company for a driver after a DUI or DWI offense in Allakaket at about a $1,851 year.
If you're convicted of a DUI, your insurance rates will go up and it could be years before they come down again. So, it's important to shop around and find the best deal for you.
| Company | Average Annual Rates |
|---|---|
| State Farm | $1,851 |
| American Family Ins Co | $2,210 |
| Progressive | $2,387 |
| Standard Fire Ins Co | $2,568 |
| Mercury | $2,672 |
| Erie Ins | $2,954 |
| Geico | $2,989 |
| Nationwide | $3,211 |
| Illinois Farmers Ins Co | $3,319 |
| Owners Ins Co | $3,381 |
| United | $3,838 |
| Automobile Club Inter-Ins | $4,829 |
| Allstate | $5,436 |
| Auto Club | $15,306 |
| Metropolitan | $15,386 |
Average car insurance cost in Chicago
The average car insurance rate in Chicago is $1,825 a year for a full coverage policy of 100/300/100 for a driver age 30, $378 more than the national average of $1,447.
The average annual premium in Chicago for minimum coverage is $655 a year or $55 a month, based on Insurance.com's rate analysis.
| Average Annual Rates | State Minimum Average |
|---|---|
| $1,825 | $655 |
