Best Insurance Companies In Illinois - The best car insurance companies in Illinois are The General, GAINSCO and Direct Auto. The best Illinois auto insurance companies can save drivers hundreds of dollars a year while providing exceptional coverage and customer service. Finding the best car insurance in Illinois is also especially important because the state only ranks 28th for the cheapest rates in the country.
To find the best Illinois auto insurance for different types of drivers, the editors compared coverage options and prices from local, regional and national auto insurance providers. Find the top options below.
Best Insurance Companies In Illinois
The best Illinois car insurance isn't always the absolute cheapest. Good auto insurance is more than affordable coverage. The best Illinois auto insurance companies also have high customer satisfaction ratings, a streamlined claims process, and helpful policy management tools.
Cheap Car Insurance In Illinois 2022
Illinois drivers absolutely need good insurance coverage considering there are an average of over 850 accidents each day in the state. Fortunately, there are plenty of national and regional car insurance options to choose from. To learn more about the best car insurance companies in Illinois, check out the details below. You can also compare the best policies with the cheapest car insurance in Illinois to make sure you are getting a good deal.
The General is a licensed auto insurance agency based in Nashville, Tennessee. It is a subsidiary of PGC Holdings Corp. (PGC) and is known for providing car insurance for high-risk drivers... show more
GAINSCO Auto Insurance is a Dallas, Texas-based property and casualty insurance company focused on the non-standard personal auto insurance market, specializing in personal auto insurance minimum limits. GAINSCO car insurance is... show more
Based in Nashville, Tennessee and founded in 1991, Direct Auto Insurance specializes in insurance for high-risk drivers. Direct auto insurance is available in 14 states, including Georgia, Texas and Virginia.... show more
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Headquartered in New York City, National General Insurance was founded in 1939. Since then, the company has grown to become one of the largest insurance providers in... show more
Nationwide, a Fortune 100 company headquartered in Columbus, Ohio, is one of the largest and most diversified insurance and financial services organizations in the United States. Nationwide has been in... show more
Since 1891, Greenwich Independent Insurance has served the insurance needs of the community by offering the widest possible range of coverages and companies. As independent agents, they are able to... show more
Esurance is an online insurance company that specializes in selling affordable combined insurance policies. The company was bought by Allstate in 2011 in a $1 billion deal. Here... show more
Third Consecutive Year Rockford Mutual Insurance Company Is Named One Of The 2022 Best Places To Work In Illinois
Amica is one of the oldest auto insurance companies in the United States, having opened for business over a century ago in 1907. Amica coverage is available in every state, ... show more
State Farm is the largest provider of auto and home insurance in the United States, insuring more than 80 million people nationwide. The company is headquartered in Bloomington, ... show more
American Family Insurance is a large multi-line insurance company founded in 1927. The company is headquartered in Madison, Wisconsin. Here are some other important things to know... show more
The best car insurance in Illinois is from The General because customers give The General positive reviews. For example, The General has a user rating of 3.9 out of 5 on , in addition to a 1.9 out of 5 from editors.
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The General also offers 9 different car insurance discounts as well as optional coverage types such as rental car reimbursement and deductible waivers. Check out the table below to learn more about the best car insurance companies in Illinois.
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The best auto insurance company is State Farm because it is the largest auto insurance company in the United States with a 16% market share. State Farm insures more than 80 million people and provides coverage in all 50 states.
Together, these 10 companies hold more than 70% of the auto insurance market share in the United States. As a result, it should come as no surprise that these companies tend to be the best choices for most types of drivers.
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Illinois drivers need $25,000 in bodily injury liability insurance per person (up to $50,000 per accident) and $20,000 in property damage liability insurance. Illinois also requires uninsured motorist coverage. UM replaces the liability coverage that an at-fault driver should have had and pays your costs up to the policy limits.
If you lease or finance your car, you may be required to have types of coverage that are not required under Illinois law. Lenders usually require comprehensive and collision insurance. Collision insurance covers repairs to your car when you hit another car or object. If the damage to your vehicle is caused by something other than a collision - such as a natural disaster, vandalism, falling objects or animals - it is most likely covered by comprehensive insurance. Lenders may also require shortfall insurance, which covers the difference between what you owe on your loan or lease and the vehicle's value if it's stolen or totaled.
While you don't have to have these types of optional coverage, you may need them. You can learn more about when to drop optional coverage and penalties for driving without insurance in Illinois to make sure you're paying for the coverage you need.
Auto insurance in Illinois costs an average of $49 per month for minimum coverage and about $150 per month for a full coverage policy. The cheapest insurance companies in Illinois are Country Financial, Erie, and Geico, and getting quotes from multiple companies can help you find the best deal.
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The average cost of car insurance in Illinois is 18% lower than the first national car insurance average, and Illinois ranks 25 out of 50 for the most affordable car insurance prices in the United States. There are several factors that affect how much you'll pay for car insurance in Illinois, including your driving record, age, location, the amount of coverage you purchase, and the insurance company you purchase it from.
Finally, it's worth noting that car insurance premiums in Illinois are high compared to the cost of coverage in neighboring states like Wisconsin and Missouri. You can find more details in the table below.
You need $25,000 in personal injury liability insurance per person ($50,000 per accident) plus $20,000 in property damage liability insurance to legally drive in Illinois. Illinois liability insurance requirements can also be written as 25/50/20. Additionally, Illinois drivers must purchase $25,000 per person and $50,000 per accident in uninsured/underinsured motorist coverage to meet the state's minimum auto insurance requirements.
Although Illinois only requires 25/50/20 liability insurance, drivers should consider purchasing more coverage if they can afford it. If you cause an accident that results in damages that exceed your policy limits, you are personally responsible for paying the difference. And no matter what, make sure you meet the minimum requirements for Illinois auto insurance to avoid facing consequences for driving without insurance.
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Finally, drivers should also consider purchasing other types of auto insurance to better protect themselves, as liability insurance does not cover the policyholder's own injuries or property. For example, collision insurance covers damage to the policyholder's car, regardless of fault. And comprehensive insurance pays if the policyholder's vehicle is damaged by something other than an accident, such as a natural disaster or vandalism.
Full coverage insurance in Illinois costs an average of $145 per month ($1,738 annually). A comprehensive coverage policy typically includes collision and comprehensive insurance, plus the types of coverage required by Illinois law. In Illinois, liability insurance and uninsured motorist coverage are required for all drivers.
To help drivers find the best car insurance in Illinois, the following questions were asked of a panel of experts. Click on the links below to find their comments and advice.
Assistant Professor of Business Administration and RC Evans Data Analytics Fellow, Gies College of Business, University of Illinois at Urbana–Champaign
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