It would sure be easy if we could tell you the single best car insurance company that has the rock bottom lowest rates in Illinois. It’s just not that easy, however, as there are a whole slew of unknown elements such as how experienced of a driver you are, whether or not you have had gaps between policies, and how high your deductibles should be, that all go into determining the rate you pay. The content below covers the different ways you can keep rates low and will hopefully give you a jump start in finding the best auto insurance in Illinois.
Establishing which companies offer the cheapest auto insurance rates for teachers will take more work than just comparing rates from one or two companies. Each insurer uses a different method to determine premium rates, so let’s take a look at the auto insurance companies that tend to have lower prices in Chicago, IL.
It’s a good idea to be aware that Chicago, IL auto insurance rates are based on many factors that can increase the policy price. Improving your credit rating, moving to a new city, or having an accident can trigger changes in premium resulting in some rates now being more affordable than the competition.
Lowest Insurance Price Quotes for Educators
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $769 |
| 2 | Rockford Mutual | $813 |
| 3 | Titan | $886 |
| 4 | Erie | $887 |
| 5 | Cincinnati Insurance | $915 |
| 6 | Utica National | $955 |
| 7 | Travelers | $961 |
| 8 | USAA | $988 |
| 9 | SECURA | $1,005 |
| 10 | State Farm | $1,012 |
| 11 | Auto-Owners | $1,053 |
| 12 | Safeco | $1,063 |
| 13 | Amica | $1,087 |
| 14 | GEICO | $1,118 |
| 15 | Farmers | $1,181 |
| 16 | Esurance | $1,197 |
| 17 | California Casualty | $1,209 |
| 18 | MetLife | $1,220 |
| 19 | Progressive | $1,256 |
| 20 | State Auto | $1,273 |
| Find Your Rate Go | ||
The Hartford has some of the most affordable car insurance rates in Chicago at around $769 annually. This is $580 less than the average premium paid by Illinois drivers of $1,349. Rockford Mutual, Titan, Erie, and Cincinnati Insurance are also some of the best Chicago, IL auto insurance companies.
As the example above demonstrates, if you are a customer of Cincinnati Insurance and switched to Rockford Mutual, you might achieve a yearly savings of approximately $102. Customers with Utica National might save as much as $142 a year, and Travelers customers might see rate reductions of $148 a year.
To see how much you can save, click here to begin a quote or visit any of the low-priced companies below.
It’s important to note that these premium estimates are averages across all types of insureds and vehicles and are not factoring in an exact location for teachers. So the auto insurance company that fits you best may not even be in the top 36 companies shown above. That helps illustrate why you need to get car insurance quotes using your own personal information and vehicle type.
The make and model of vehicle you are trying to insure is probably the largest consideration when looking for the most economical auto insurance for teachers. Vehicles with high performance engines, poor safety ratings, or a high likelihood of having liability claims will cost significantly more to insure than more economical and safe models. The next table presents auto insurance costs for a selection of the cheaper vehicles to insure.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLT 2WD | $2,002 |
| Honda CR-V EX-L 4WD | $2,047 |
| Jeep Wrangler Sport 4WD 2-Dr | $2,079 |
| Hyundai Elantra SE Touring Station Wagon | $2,172 |
| Ford F-150 XLT Regular Cab 4WD | $2,246 |
| Volkswagen Jetta 2.0T Station Wagon | $2,339 |
| Ford Explorer Limited 4WD | $2,416 |
| Toyota Corolla S | $2,494 |
| Honda Odyssey EX-L W/Navigation | $2,502 |
| Chevrolet Silverado 3500HD LT Crew Cab 2WD | $2,587 |
| Ford Focus SE 2-Dr Coupe | $2,667 |
| Chevrolet Impala LS | $2,677 |
| Ford F-250 XL Harley Edition 2WD | $2,712 |
| Start Your Quote Go | |
Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Illinois minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Rate quotes do not factor in specific garaging location which can impact prices significantly.
Based upon these rates, makes and models like the Ford Escape, Honda CR-V, Jeep Wrangler, and Hyundai Elantra will be some of the cheaper vehicles to insure for teachers and educators.
One of the more important criteria that are used to help calculate the cost of insurance is your zip code in Chicago. Areas with more people or more claims tend to have higher auto insurance costs, whereas areas with lower crime rates and fewer weather claims have the luxury of cheap car insurance rates.
The information below rates the most expensive cities in Illinois for teachers to purchase a policy in. Chicago is ranked at #2 with an annual premium of $1,484 for the average insured, which is approximately $124 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Cicero | $1,573 |
| 2 | Chicago | $1,484 |
| 3 | Berwyn | $1,421 |
| 4 | Skokie | $1,405 |
| 5 | Evanston | $1,276 |
| 6 | Des Plaines | $1,274 |
| 7 | Oak Lawn | $1,269 |
| 8 | Waukegan | $1,224 |
| 9 | Mount Prospect | $1,205 |
| 10 | Schaumburg | $1,169 |
| 11 | Bolingbrook | $1,162 |
| 12 | Palatine | $1,155 |
| 13 | Tinley Park | $1,154 |
| 14 | Elgin | $1,151 |
| 15 | Orland Park | $1,138 |
| 16 | Joliet | $1,134 |
| 17 | Rockford | $1,119 |
| 18 | Arlington Heights | $1,106 |
| 19 | Springfield | $1,070 |
| 20 | Peoria | $1,060 |
| 21 | Naperville | $1,053 |
| 22 | Aurora | $1,053 |
| 23 | Decatur | $1,024 |
| 24 | Bloomington | $980 |
| 25 | Champaign | $962 |
| Find Cheaper Insurance Go | ||
Rate quotes are estimated as specific Chicago garaging address can decrease or increase coverage rates considerably.
Does it make sense to buy full coverage?
Buying cheaper auto insurance is important to the majority of vehicle owners, and an easy way to pay lower rates for insurance for teachers is to not insure for full coverage. The chart below shows the difference between annual premium costs with full physical damage coverage compared to only buying liability only. The information is based on no claims or driving violations, $500 deductibles, drivers are single, and no policy discounts are applied.
As an average for all age groups, physical damage insurance costs $1,648 per year more than carrying just liability coverage. That touches on the question if buying full coverage is worth the expense. There is no exact rule for excluding physical damage coverage, but there is a broad guideline. If the yearly cost of full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let’s say your vehicle’s book value is $11,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $10,000 after you pay the deductible. If you are paying in excess of $1,000 a year for physical damage coverage, then it’s probably a good time to buy liability coverage only.
There are a few cases where buying only liability insurance is not a good idea. If you haven’t satisfied your loan, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not drop full coverage.
Picking a high-quality car insurance provider can be a challenge considering how many companies sell coverage in Illinois. The company information shown below may help you select which auto insurers you want to consider comparing rates with.
The rankings below are only comprised of the largest companies in America, so smaller companies that only insure vehicles in Illinois are not included in this list. To compare rates from many more Illinois auto insurance companies, follow this link.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Titan Insurance | 89 | 91 | 83 | 86% | A+ | 89.3 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Erie Insurance | 92 | 90 | 82 | 88% | A+ | 88.5 |
| Mercury Insurance | 87 | 95 | 87 | 84% | A+ | 88.3 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Esurance | 84 | 88 | 85 | 83% | A+ | 86 |
| Farmers Insurance | 79 | 88 | 84 | 87% | A | 84.7 |
| The General | 88 | 80 | 85 | 80% | A- | 84.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
If you wish to have some professional guidance when trying to find lower insurance rates for teachers, the agents listed below can probably provide answers to your questions and help you determine which auto insurance coverages would be the best in your situation.
To locate a Chicago auto insurance agent close to you, click the link after the list or click here to compare price quotes now.
Mark Yun – State Farm Insurance Agent
223 W Cermak Rd, Fl-2 – Chicago, IL 60616 – (312) 225-8311
Neal Gallo – State Farm Insurance Agent
6666 N Western Ave – Chicago, IL 60645 – (773) 743-6565
Illinois Vehicle Auto Insurance
100 W. Randolph, Suite C14 – Chicago, IL 60601 – (312) 201-9111
Find a Chicago, IL insurance agent near you
How to find more affordable insurance for teachers
The list below summarizes some of the recommended penny-pinching solutions that can help Chicago drivers buy cheap car insurance.
- Increase your credit score
- Save money by staying claim-free
- Being accident-free can lower rates significantly
- Lower rates by purchasing a safer vehicle
- Violations like speeding or DUI increase rates
- Shop around once a year for cheaper rates
The last tip is certainly important, as we discussed in the prior article. Coverage rates in Chicago fluctuate constantly, so don’t be hesitant to buy a different policy if a better deal can be had.
We understand brand loyalty, but it isn’t a good idea if it’s costing you hundreds of dollars year after year. If you have a few minutes, now is a great time to compare rates and find cheaper auto insurance for teachers.