If you are new to getting Chicago auto insurance quotes online, it’s easy to get bewildered thanks to the vast number of companies vying for business in Chicago.
Unimaginable but true, most drivers in Illinois have purchased from the same company for at least the last four years, and nearly half have never compared rate quotes at all. Many consumers in the U.S. could save an average of roughly $850 each year just by comparing rates, but they underestimate the big savings they would realize if they switch to a new company.
Obtaining price quotes for the cheapest car insurance in Chicago is not as difficult as people think. Practically anyone who needs lower cost car insurance should find lower prices. Although Illinois consumers must learn how the larger insurance companies determine premium rates and take advantage of how the system works.
Companies offering affordable Toyota Highlander price quotes in Chicago, IL
The companies shown below provide free quotes in Chicago, IL. If more than one company is shown, we suggest you compare several of them in order to get a fair rate comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $124 | $176 | $262 | $16 | $78 | $656 | $55 |
| Highlander 4WD | $248 | $466 | $316 | $18 | $94 | $1,142 | $95 |
| Highlander Sport 4WD | $142 | $228 | $246 | $14 | $74 | $704 | $59 |
| Highlander SE 2WD | $252 | $418 | $352 | $20 | $106 | $1,148 | $96 |
| Highlander Sport 2WD | $218 | $398 | $274 | $16 | $82 | $988 | $82 |
| Highlander Limited 2WD | $156 | $252 | $262 | $16 | $78 | $764 | $64 |
| Highlander SE 4WD | $122 | $214 | $250 | $14 | $76 | $676 | $56 |
| Highlander Limited 4WD | $178 | $252 | $342 | $20 | $102 | $894 | $75 |
| Highlander Hybrid 4WD | $142 | $232 | $268 | $16 | $80 | $738 | $62 |
| Highlander Hybrid Limited 4WD | $322 | $478 | $342 | $20 | $102 | $1,264 | $105 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Premium costs do not factor in your specific Chicago location which can modify price quotes considerably.
Gender differences in auto insurance premiums
The example below illustrates the comparison of Toyota Highlander annual premium costs for male and female drivers. The price estimates are based on no tickets, no at-fault accidents, full physical damage coverage, $250 deductibles, marital status is single, and no other discounts are factored in.
Physical damage deductibles
The hardest decision when buying coverage is where should you set your physical damage deductibles. The premium rates below can help you understand the price difference when you buy lower versus higher physical damage coverage deductibles. The first set of rates uses a $250 deductible for physical damage and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $202 | $280 | $262 | $16 | $78 | $863 | $72 |
| Highlander 4WD | $228 | $340 | $262 | $16 | $78 | $949 | $79 |
| Highlander Sport 4WD | $228 | $340 | $262 | $16 | $78 | $949 | $79 |
| Highlander SE 2WD | $228 | $340 | $262 | $16 | $78 | $949 | $79 |
| Highlander Sport 2WD | $228 | $340 | $262 | $16 | $78 | $949 | $79 |
| Highlander Limited 2WD | $254 | $400 | $262 | $16 | $78 | $1,035 | $86 |
| Highlander SE 4WD | $254 | $400 | $262 | $16 | $78 | $1,035 | $86 |
| Highlander Limited 4WD | $254 | $400 | $262 | $16 | $78 | $1,035 | $86 |
| Highlander Hybrid 4WD | $254 | $400 | $262 | $16 | $78 | $1,035 | $86 |
| Highlander Hybrid Limited 4WD | $254 | $400 | $262 | $16 | $78 | $1,035 | $86 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $124 | $176 | $262 | $16 | $78 | $656 | $55 |
| Highlander 4WD | $140 | $214 | $262 | $16 | $78 | $710 | $59 |
| Highlander Sport 4WD | $140 | $214 | $262 | $16 | $78 | $710 | $59 |
| Highlander SE 2WD | $140 | $214 | $262 | $16 | $78 | $710 | $59 |
| Highlander Sport 2WD | $140 | $214 | $262 | $16 | $78 | $710 | $59 |
| Highlander Limited 2WD | $156 | $252 | $262 | $16 | $78 | $764 | $64 |
| Highlander SE 4WD | $156 | $252 | $262 | $16 | $78 | $764 | $64 |
| Highlander Limited 4WD | $156 | $252 | $262 | $16 | $78 | $764 | $64 |
| Highlander Hybrid 4WD | $156 | $252 | $262 | $16 | $78 | $764 | $64 |
| Highlander Hybrid Limited 4WD | $156 | $252 | $262 | $16 | $78 | $764 | $64 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Illinois minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Price estimates do not factor in zip code location which can decrease or increase coverage rates greatly.
We can derive from the above data that using a $250 deductible will cost you about $21 more each month or $252 annually than selecting the higher $1,000 deductible. Since you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you go at least 36 months between claims, you would probably be better off if you choose a higher deductible.
Responsible drivers pay cheaper auto insurance rates
The example below illustrates how speeding tickets and accidents impact Toyota Highlander insurance prices for different age categories. The information is based on a single male driver, full physical damage coverage, $500 deductibles, and no discounts are applied.
Lower rates by qualifying for discounts
Insuring your vehicles can cost a lot, but there could be available discounts to cut the cost considerably. Some trigger automatically at the time of quoting, but a few need to be asked about before they will apply.
- Anti-theft Discount – Cars and trucks that have factory anti-theft systems are stolen less frequently and earn discounts up to 10% off your Chicago auto insurance quote.
- Low Miles Discount – Driving fewer miles may enable drivers to earn substantially lower rates.
- Bundled Policy Discount – If you combine your auto and homeowners policies with one insurance company you may earn at least 10% off all policies.
- Senior Citizen Discount – If you’re over the age of 55, you may receive better car insurance rates.
- Driving Data Discount – Policyholders that allow companies to track driving habits through the use of a telematics system like Allstate’s Drivewise might see lower rates if they have good driving habits.
You can save money using discounts, but many deductions do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like liability, collision or medical payments. Even though it appears you could get a free car insurance policy, company stockholders wouldn’t be very happy. But any discount should definitely cut the cost of your policy.
Insurance companies that may include most of the discounts above may include but are not limited to:
Before you buy a policy, ask every prospective company which discounts they offer. Some of the earlier mentioned discounts may not apply in Chicago. To choose companies who offer online Toyota Highlander insurance quotes in Illinois, click here to view.
You may want advice from an insurance agency
Many drivers prefer to get professional advice from a licensed agent and that is a smart decision The best thing about comparing rates online is that drivers can save money and get lower rates and still have an agent to talk to. And buying from local insurance agencies is definitely important in Chicago.
After filling out this simple form, the coverage information gets sent to local insurance agents that can provide free Chicago auto insurance quotes and help you find cheaper coverage. You won’t even need to visit any agencies since rate quotes are delivered to your email. It’s the lowest rates and a licensed agent to work with. If you wish to compare prices from a specific insurance company, feel free to go to their quote page and give them your coverage information.
Is an exclusive or independent auto insurance agent right for you?
If you’re trying to find a reliable agent, it helps to know the two different agency structures and how they can service your needs differently. Chicago agents can be described as either independent agents or exclusive agents depending on their employer.
Independent Agencies or Brokers
Agents of this type can quote rates with many companies so they have the ability to put coverage through lots of different companies depending on which coverage is best. If your agent finds better pricing, they simply move your policy to a different company and that require little work on your part. When searching for an agent, you absolutely need to contact a couple of independent agencies so that you have a good selection of quotes to compare. Many can place coverage with companies that do not advertise much that many times have cheaper rates.
Listed below is a small list of independent agencies in Chicago that may be able to provide price quote information.
- Northwest Insurance Network Inc
4450 N Western Ave – Chicago, IL 60625 – (773) 433-3300 – View Map - Illinois Vehicle Auto Insurance (Xpert)
1858 W 18th St – Chicago, IL 60608 – (312) 226-1033 – View Map - Public Insurance Agency
3656 N Cicero Ave – Chicago, IL 60641 – (773) 725-9333 – View Map
Exclusive Insurance Agents
Agents that choose to be exclusive can only place business with one company like Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents cannot provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. These agents are trained well on their company’s products which helps them sell on service rather than price. Drivers often purchase coverage from exclusives mainly due to loyalty to the company instead of buying on price only.
Shown below are Chicago exclusive insurance agents who can help you get price quotes.
- Linda Kuczka – State Farm Insurance Agent
954 W Webster Ave – Chicago, IL 60614 – (773) 975-9111 – View Map - Liane Williams – State Farm Insurance Agent
3143 W 71st St – Chicago, IL 60629 – (773) 436-7500 – View Map - Dave Rundle – State Farm Insurance Agent
4316 W 63rd St – Chicago, IL 60629 – (773) 735-0135 – View Map
Finding a good insurance agency shouldn’t rely on just the price. The questions below may impact your decision as well.
- If you raise deductibles, how much can you save?
- Will you get a loaner vehicle if you car is being repaired?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Is the quote a firm price?
- Do they get extra compensation for selling add-on coverages?
- How long has their agency been in business in Chicago?
- Does the agent help file claims?
Well known brands might not be cheapest
Insurance companies such as State Farm, Allstate and GEICO consistently run ads in print and on television. They all make the same claim about savings just by switching your insurance policy to them. Is it even possible that every company can charge you less for car insurance?
Companies have specific guidelines for the type of driver that earns them the highest profit. For example, a profitable customer could possibly be between the ages of 40 and 55, has a clean driving record, and drives a vehicle with a low ISO rating. Any new insured that fits those parameters receives the best car insurance rates in Chicago and as a result will probably cut their Toyota Highlander insurance rates if they switch.
Potential insureds who don’t meet the ideal profile may receive higher premiums and ends up with the customer not buying. The wording the ads use say “people that switch” but not “all drivers who get quotes” save that much money. That is how insurance companies can make the claims of big savings.
This emphasizes why it is so important to compare rate quotes every year. It’s impossible to know which insurance company will fit you best based on your risk profile.
Compare but don’t skimp
When buying insurance coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. In many cases, someone sacrificed full coverage only to find out that saving that couple of dollars actually costed them tens of thousands. Your aim should be to purchase plenty of coverage for the lowest price while not skimping on critical coverages.
We just showed you a lot of techniques to get a better price on Toyota Highlander insurance in Chicago. The most important thing to understand is the more price quotes you have, the better likelihood of getting inexpensive Chicago auto insurance quotes. You may even discover the most savings is with a company that doesn’t do a lot of advertising.
Drivers change insurance companies for a variety of reasons including high rates after DUI convictions, not issuing a premium refund, delays in responding to claim requests and being labeled a high risk driver. It doesn’t matter what your reason, finding the right car insurance provider can be easier than you think.
Additional detailed information can be found at these sites:
- Things to Know Before you Cancel Insurance (Allstate)
- Who Has the Cheapest Chicago Car Insurance Rates for Business Use? (FAQ)
- How Much are Chicago Auto Insurance Quotes for Used Cars? (FAQ)
- Who Has Cheap Auto Insurance for a Ford F-150 in Chicago? (FAQ)
- Who Has Cheap Auto Insurance for Drivers Under 21 in Chicago? (FAQ)
- What are my Rights when Filing a Claim? (Insurance Information Institute)
- Distracted Driving Extends Beyond Texting (State Farm)
- Auto Insurance 101 (About.com)
- Driving in Bad Weather (Insurance Information Institute)