The top 4 car insurance companies in Illinois for 2024.

In Illinois, auto insurance is more affordable than in many other states. While the average American driver pays around $2,545 for full coverage in 2024, according to Bankrate data, the average Illinois driver pays only $2,316 for full coverage and $682 for minimum coverage.

Across the Land of Lincoln, including cities such as Chicago, Springfield, and Peoria, finding the best deal on car insurance is achievable with the right company.

Illinois car insurance companies reviewed by CNBC Select to assist in selecting affordable coverage options.

Best for affordability

For those seeking affordable car insurance that meets their requirements, Geico is a top pick. It offers the lowest sample premiums in Illinois among the companies we evaluated.

This insurer distinguishes itself by providing not only life, homeowners, and renters insurance but also specialty insurance for motorcycles and RVs, making it a top pick for those with additional vehicles to insure.

Average annual cost for full coverage: $1,091

Best for discounts

What sets Travelers apart is its numerous discounts that help drivers save money. With a total of 12 discounts available, including multi-policy and good student discounts, drivers can save a significant amount of money.

An electric car discount is available, making it a particularly advantageous option for drivers.

Average annual cost for full coverage: $1,686

Best for customer service

Illinois is one of the states where Erie is available. The insurer is renowned for offering affordable premiums and excellent customer service ratings.

The company provides various discounts for customers who purchase multiple policies and have safety features installed in their vehicles.

Average annual cost for full coverage: $1,541

Best for specialty cars

This insurance company is perfect for individuals looking to insure classic cars in Illinois as it provides coverage for these vehicles and allows for bundling with a daily driver for a discount. Additionally, Auto-Owners offers coverage for converted cars or vehicles with accessibility modifications.

Auto-Owners is notable for its comprehensive coverage of various vehicles and a low complaint index from the NAIC.

Average annual cost for full coverage: $1,611

Geico

Since 1936, Geico has established itself as a renowned insurance company, recognized for its competitive pricing and robust financials. It frequently ranks among the top car insurance providers, earning a top spot in our annual auto insurance ranking due to its consistently low rates and an impressive 16 types of discounts, including those for safe driving, defensive driving courses, and insuring multiple vehicles.

J.D. Power Overall Customer Satisfaction Index Rating (Average)

816

NAIC complaint index (1 is expected)

1.88, above expected

A.M. Best rating

A++

Travelers

Since 1897, Travelers has been providing auto insurance and is highly rated for customer satisfaction. The company offers various discounts, including substantial savings for electric vehicle owners.

J.D. Power Overall Customer Satisfaction Index Rating (Average)

806

NAIC complaint index (1 is expected)

0.89, below expected

A.M. Best rating

A++

Erie

Erie offers excellent customer service and low costs for auto insurance policies, making it stand out in areas where it is available. Additionally, it tends to provide lower premiums for high-risk drivers, including those with at-fault accidents.

J.D. Power Overall Customer Satisfaction Index Rating (Average)

855

NAIC complaint index (1 is expected)

0.73, below expected

A.M. Best rating

A+

Auto-Owners

Auto-Owners is a highly rated insurance company in Illinois, known for its low rates for minimum coverage and its suitability for young adult and senior drivers. However, to obtain a quote, you must work with an agent.

J.D. Power Overall Customer Satisfaction Index Rating (Average)

813

NAIC complaint index (1 is expected)

0.73, below expected

A.M. Best rating

A++

Bottom line

In Illinois, car insurance policies vary. To determine the best policy for you, obtain quotes from top insurers and compare them based on price, customer service, and coverage.

Why trust CNBC Select?

Our mission at CNBC Select is to deliver top-notch service journalism and in-depth consumer advice to our readers, enabling them to make well-informed decisions with their money. Our auto insurance reviews are based on thorough reporting by our team of expert writers and editors, who possess extensive knowledge of insurance products. In order to identify the best insurance companies, we conducted extensive research, collecting over 100 data points on more than a dozen companies. At CNBC Select, we take pride in our journalistic standards and ethics, and we ensure that all our content is created without any input from our commercial team or external third parties. For more information on how we select the best car insurance companies in Illinois, please refer to our methodology.

Our methodology

In Illinois, CNBC Select evaluated numerous U.S. car insurance companies and compared them based on factors such as cost and customer service to determine the top insurance providers.

We analyzed full coverage auto insurance policies in Illinois by examining average sample premiums from Bankrate.

$100,000 bodily injury liability per person
$300,000 bodily injury liability per accident
$50,000 property damage liability per accident
$100,000 uninsured motorist bodily injury per person
$300,000 uninsured motorist bodily injury per accident
$500 deductibles

In addition to data from J.D. Power's Overall Customer Satisfaction Index Ranking, A.M. Best, and the National Association of Insurance Commissioners' complaint index scores, we also took into account the number of discounts offered by each company and any unique features.

The premiums and policy structures advertised by auto insurance companies may change based on their policies.

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