Who Has Cheap Car Insurance Quotes for 19 Year Olds in Illinois?

The car, truck, or SUV driven is one of the main factors when looking for cheap auto insurance for 19 year olds in Illinois. Vehicles with lots of horsepower, poor safety ratings, or a high likelihood of having liability claims will cost significantly more to insure than more modest models.

The data below showcases insurance prices for some of the most affordable automobiles to buy coverage for.

Above prices assume single male driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and Illinois minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in specific garaging location which can revise rates greatly.

By looking at the data, you can figure that makes and models like the Honda Accord, Honda CR-V, Ford F-150, Hyundai Elantra, and Ford Escape are likely to be a few of the less-costly vehicles to insure for teenage drivers. The price for car insurance will tend to be more expensive just because there is more liability exposure for 19 year olds, but generally speaking those makes and models will probably have the best insurance prices that you’ll find.

Comparing rates for low-cost car insurance is tough enough, and figuring out which company quotes the cheapest insurance rates for 19 year olds will involve even more shopping around. Coverage prices should be significantly more than the state average, with the increase attributed to the additional risk associated with offering coverage for teenage drivers, but reasonably-priced coverage may be available with a little diligence. Each company uses a slightly different approach to determine premium rates, so let’s begin by taking a look at the most competitive insurance companies in Illinois.

It’s a good idea to know that Illinois insurance rates are influenced by many factors that control the price of coverage. This is why it is critical to perform an extensive rate comparison when trying to get the most budget-friendly auto insurance quotes for 19 year olds. Rates are influenced by many risk factors and change substantially, so the best option when you bought your policy may now not even be in the top five.

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The Hartford normally has some of the lowest car insurance rates in Illinois at around $746 annually. Rockford Mutual, Erie, Titan, and Cincinnati Insurance also qualify as some of the cheaper Illinois car insurance companies.

As the rates illustrate above, if you have coverage with Titan and switched to The Hartford, you could realize a yearly price reduction of around $140. Customers with Cincinnati Insurance might save as much as $142 a year, and USAA customers might see rate reductions of $204 a year.

To compare your rates to other Illinois insurance companies, click here to get quotes or visit any of the low-priced companies below.

It’s important to note that these premiums are averages across all drivers and vehicles and and are not calculated with a price increase for 19 year olds. So the insurer that can offer the best rates for your situation may not even be featured in the rate chart shown above. That is why you need to compare rates from multiple companies using your own specific driver and vehicle information.

Cost of full coverage

Finding cheap auto insurance for 19 year olds in Illinois is probably important to the majority of drivers, and one of the fastest ways to find cheaper insurance is to not buy comprehensive and collision coverage. The example below shows the comparison of annual premium costs with full coverage and liability only. The prices are based on no claims, a clean driving record, $500 deductibles, marital status is single, and no other discounts are factored in.

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Averaged for all ages 20 through 70, physical damage coverage on your policy costs an additional $1,648 per year over and above liability only. That proposes the question if physical damage coverage is worth the money. There is no clear-cut rule for excluding comp and collision coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.

There are a few situations where dropping full coverage is not advised. If you haven’t satisfied your loan, you have to maintain full coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should maintain full coverage.

Which auto insurance company is best?

When comparing rates for car insurance, four companies you’ll want quotes from are Geico, Allstate, Progressive, and State Farm. Combined they make up about half of the entire U.S. auto insurance market. All four can cover your vehicle for liability and physical damage, but each one has slightly different coverages and options that may influence your buying decision. The data below compares and contrasts some of the ratings and options you can expect with each one.

How to find cheaper auto insurance for 19 year olds

Below you’ll find many penny-pinching suggestions that can help Illinois drivers get the cheapest auto insurance.

• Serious violations like DUI or reckless driving can increase rates dramatically
• Frequent claims will increase rates
• Home or renters coverage can save on auto insurance
• Accident-free drivers may qualify for discounts
• Raise comprehensive and collision coverage deductibles
• Good credit can mean cheaper rates
• Ensure you have the best deal by shopping around regularly

The last tip is especially vital, as was noted in the prior article. Car insurance rates adjust often, so don’t be unwilling to buy from a new company if you find a cheaper price. Being loyal to a particular company is commendable, but we do not recommend it if that dedication is costing a considerable chunk of change every month. In just a few minutes you could compare rates and find cheaper insurance for 19 year olds.