You have seen the captivating ads from insurers like Liberty Mutual and Allstate that promise enormous savings. So drivers should just select the one with the best jingle, right?
It’s just not that simple, as there are many unknown factors such as the likelihood of vehicle theft where you live, your age, if you are a man or woman, and if you own a home. We know insurance is not everyone’s favorite topic, but in this article we will cover these factors and others that can influence the price of auto insurance and should give you a good beginning to your quest for cheaper car insurance in Chicago.
The car, truck, or SUV to be insured is a large factor that determines whether or not you can buy the most economical car insurance for welfare recipients. Vehicles with high performance, a lack of safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than more modest models. The next table estimates coverage rates for a number of the most budget-friendly vehicles to insure in Illinois.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX 4-Dr Sedan | $1,960 |
| Ford Escape XLT 4WD | $2,005 |
| Toyota Tacoma 4WD | $2,206 |
| Hyundai Elantra GLS Touring Station Wagon | $2,250 |
| Ford Focus S 4-Dr Sedan | $2,282 |
| Honda CR-V EX-L 2WD | $2,301 |
| GMC Sierra SLE Regular Cab 2WD | $2,326 |
| Toyota Corolla XLE | $2,451 |
| Honda Odyssey EX-L | $2,456 |
| Ford F-150 XL Regular Cab 2WD | $2,489 |
| Toyota Prius | $2,492 |
| Chevrolet Equinox LTZ 2WD | $2,495 |
| Chevrolet Silverado 3500HD LTZ Crew Cab 2WD | $2,584 |
| Chevrolet Impala LS | $2,613 |
| Toyota RAV4 Limited 4WD | $2,664 |
| Ford F-350 Super Cab Cabela Turbo Diesel 2WD | $2,705 |
| GMC Sierra 3500HD SLT Crew Cab 2WD | $2,714 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $2,708 |
| Dodge Ram 2500 Crew Cab Laramie 4WD | $2,714 |
| Dodge Grand Caravan SXT | $2,715 |
| Compare Rates Now Go | |
Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Illinois minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Premium amounts do not factor in specific location which can change prices substantially.
Looking at the rates, you can assume that models like the Honda Accord, Ford Escape, and Toyota Tacoma should be a few of the most budget-friendly vehicles to insure for drivers on welfare.
Finding reliable, affordable auto insurance is easier said than done, and deciding which companies have the best insurance rates for welfare recipients will involve more quotes for comparison.
Every auto insurer has their own guidelines for setting prices, so first we will examine the insurance companies that tend to have lower prices in Illinois.
Best Car Insurance Prices in Illinois
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $753 |
| 2 | Rockford Mutual | $847 |
| 3 | Titan | $860 |
| 4 | Erie | $905 |
| 5 | Cincinnati Insurance | $915 |
| 6 | Travelers | $961 |
| 7 | SECURA | $965 |
| 8 | Utica National | $984 |
| 9 | USAA | $988 |
| 10 | State Farm | $1,012 |
| 11 | Auto-Owners | $1,053 |
| 12 | Safeco | $1,053 |
| 13 | GEICO | $1,118 |
| 14 | Amica | $1,120 |
| 15 | Farmers | $1,170 |
| 16 | Progressive | $1,206 |
| 17 | MetLife | $1,207 |
| 18 | California Casualty | $1,209 |
| 19 | Esurance | $1,221 |
| 20 | State Auto | $1,273 |
| Quote Your Rates Go | ||
The Hartford quotes some of the cheapest car insurance rates in Chicago at around $753 a year. This is $596 less than the average premium paid by Illinois drivers of $1,349. Rockford Mutual, Titan, Erie, and Cincinnati Insurance also are some of the cheaper Chicago, IL insurance companies.
As the rates illustrate above, if you are a policyholder with Erie and switched to The Hartford, you might realize a yearly savings of approximately $152. Drivers with Cincinnati Insurance might save as much as $162 a year, and Travelers customers might reduce rates by $208 a year.
It’s important to note that these policy prices are averaged for all types of drivers and the different vehicles they drive and do not factor in a specific zip code for welfare recipients. So the auto insurance company that can offer you the best rate may not even be in the list above. That’s why you need to compare rates from as many companies as possible using your own personal information and vehicle type.
Picking a high-quality car insurance company can be a challenge considering how many choices drivers have in Illinois. The rank data in the next section could help you analyze which car insurance providers you want to consider putting your business with.
The ratings below are only made up of the companies with a significant amount of written premium nationwide, so companies with more of a regional focus are not factored into the list. If you wish to compare prices from these top-rated insurers and more, follow this link.
Top 10 Large Auto Insurers Overall in Chicago
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
Types of discounts on Chicago auto insurance
Insurers that offer quotes for welfare recipients may additionally offer rate discounts that may potentially lower prices by as much as 35% if you qualify for them. Large insurance companies and some of the premium reductions they offer can be found below.
- Progressive includes discounts for continuous coverage, homeowner, good student, online signing, and multi-vehicle.
- Farmers Insurance offers premium reductions for multi-car, homeowner, distant student, electronic funds transfer, teen driver, switch companies, and youthful driver.
- Farm Bureau discounts include driver training, renewal discount, good student, multi-vehicle, youthful driver, 55 and retired, and safe driver.
- State Farm has savings for Drive Safe & Save, multiple autos, defensive driving training, anti-theft, passive restraint, and good student.
- GEICO may have discounts that include emergency military deployment, federal employee, air bags, good student, anti-theft, and seat belt use.
- SAFECO offers discounts including accident prevention training, homeowner, anti-theft, safe driver, and teen safe driver.
- Liberty Mutual offers discounts for exclusive group savings, new move discount, preferred payment discount, hybrid vehicle, newly married, and multi-car.
The illustration below illustrates the difference between insurance prices with and without discounts being applied to the rates. The costs are based on a male driver, no claims or violations, Illinois state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with claim-free, multiple policy, vehicle safety, marriage, defensive driving course, and anti-theft discounts applied. When these discounts are applied, theaverage amount saved on insurance for welfare recipients is 28% or $342.
How to find economical insurance for welfare recipients
It’s not impossible to find cheaper rates, and here are some of the recommended thrifty suggestions that can help drivers buy cheap coverage.
- Buying car and homeowners insurance together can save money
- Avoid price increases by not filing claims
- Do not get traffic tickets
- Good credit scores may lower your rates
- Drive attentively and avoid accidents
- Increase physical damage deductibles
- Shop around for cheaper prices often
That last idea is especially necessary, as was discussed in the prior information. Prices charged by companies fluctuate considerably, so don’t be afraid to change insurance companies if you can find a cheaper rate. Staying with the same company for years is fine, but it’s not a great idea if it’s costing you hundreds every year. In just a couple of minutes you could shop around and find cheaper auto insurance for welfare recipients in Chicago.
If you prefer to have professional advice when comparing insurance rates for drivers on welfare, the insurance agencies listed below can most likely aid you in deciding which car insurance policy is best.
To locate a Chicago car insurance agency closest to you, click the button at the bottom or click here to compare rates now.
- Vivian Valtas – State Farm Insurance Agent
6108 S Archer Ave – Chicago, IL 60638 – (773) 582-3322 - Lakeview Insurance Agency, Ltd.
3438 N Southport Ave – Chicago, IL 60657 – (773) 871-8000 - Thomas Ward Insurance Group
707 W Willow St – Chicago, IL 60614 – (312) 254-1500