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State Farm, Geico and USAA have the cheapest car insurance for most drivers.
The cheapest car insurance companies in Illinois Cheapest company for minimum coverage: Geico. Cheapest company for full coverage: Geico. Cheapest companies for drivers with prior incidents: Geico, Secura and Mercury. Cheapest company for young drivers: First Chicago, Secura and Mercury.
The cheapest car to insure in Illinois is an SUV because minimum coverage only costs $579 per year, on average. The cost to insure a SUV is less than the average cost of minimum car insurance coverage in Illinois ($956 per year).
Illinois law (625 ILCS 5/7-601) requires all vehicle owners to have minimum amounts of auto liability insurance. In addition, lending institutions may require physical damage insurance (collision coverage) for a financed vehicle.
Cheap Full-Coverage Car Insurance in Illinois Cheapest Full-Coverage Insurance in IllinoisAverage Monthly CostEstimated Annual CostState Farm$114$1,363Geico$115$1,375Erie Insurance$127$1,527Auto-Owners Insurance$128$1,5355 more rows Nov 23, 2023
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The average cost of a full-coverage car insurance policy in Illinois is about $128 per month or $1,541 per year. These figures are about 22% cheaper than the national averages of $167 per month and $2,008 per year.
The Illinois Auto Plan is the last resort for individuals that cannot buy insurance from traditional companies. All licensed insurers participate in this assigned risk program.
The Cheapest Car Insurance for Good Drivers: Auto-Owners CompanyAverage cost per year for good driversTotal savings per year compared to averageGeico$1,716$351 cheaperWestfield$1,759$308 cheaperTravelers$1,852$215 cheaperAverage$2,0673 more rows Dec 1, 2023

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