How Much is Car Insurance for Retired Military in Illinois?

It would sure make life easier if we could just give you the name of the company that is cheapest in Illinois. Unfortunately, it’s just not that easy, as there are a lot of unknown aspects like if you are a woman or a man, your annual mileage driven, and if you just need liability coverage, that all help calculate your car insurance rates. This article will cover some of these factors and will give you a good start to your coverage search.

Determining which companies offer the most affordable insurance rates for retired military will involve a bit more work in order to find the best price.

Every insurance company uses their own formula to set premium rates, so let’s take a look at the insurance companies that tend to have lower prices in Illinois. It’s important that you understand Illinois insurance rates are determined by lots of factors that may substantially change the cost of your policy. Improving your credit rating, buying a different home, or getting a couple of tickets may generate price changes that can now make some companies more affordable than competitors.

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The Hartford quotes some of the cheapest car insurance rates in Illinois at around $746 per year. Rockford Mutual, Titan, Cincinnati Insurance, and Erie also rank well as some of the best Illinois auto insurance companies.

As illustrated above, if you currently have coverage with Cincinnati Insurance and switched to Rockford Mutual, you might see a yearly savings of in the neighborhood of $50. Policyholders with Erie might save as much as $67 a year, and Travelers policyholders might lower prices by up to $114 a year.

To see if your current coverage is too expensive, click here to start a quote or quote prices from the following companies.

Remember that these policy prices are averaged for all drivers and vehicles in Illinois and and are not figured with a price decrease for retired military. So the car insurance company that fits your age and vehicle best may not even be included in the list of companies above. That illustrates why you need to compare as many prices as possible using your own specific driver and vehicle information.

The vehicle model requiring coverage is probably the most important factor when consumers are trying to find cheap auto insurance for retired military in Illinois. Vehicles with economical engines, advanced safety features, or a low likelihood of having liability claims will cost quite a bit less to insure than high performance models.

The information below outlines coverage costs for a handful of the cheapest automobiles to insure.

Premium data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Illinois minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Table data does not factor in your specific Illinois location which can alter rates considerably.

Premium data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Illinois minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Information does not factor in specific Illinois garaging location which can alter auto insurance rates greatly.

Data variables include married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Price information does not factor in zip code location which can influence insurance rates substantially.

How to find a good Illinois insurance company

Picking the best insurance company is hard considering how many choices there are in Illinois. The company rank data listed below could help you choose which companies you want to consider comparing rates with.

The ratings below are only made up of large, nationwide insurance companies, so smaller companies are not taken into consideration for this list. If you’d like to compare prices from many more Illinois auto insurance companies, click here.

Best cheap insurance quotes for veterans

Drivers have a lot of different ways to quote and buy insurance in Illinois, but the three most common are through an independent insurance agent, an exclusive insurance agent like Allstate or Auto-Owners, or direct online or over the phone from a company like Geico or Progressive.

You can use whichever method you prefer, but they differ slightly in how they give price quotes.

Independent agencies are appointed by several companies and can get policy pricing from all of them. Independent agents can sell policies from many different companies and can give you more rates, which may provide you with a better overall rate comparison. If a cheaper rate is found, the business is moved internally and you don’t have to do anything.

An agent who is captive is only able to give rates for a single insurance company like State Farm and Allstate agents. These guys and gals cannot provide rates from more than one company, so if rates are high, they cannot give you alternative choices.

Buying from a direct company means forego a local insurance agent and instead shop direct online or over the phone from a company like Esurance or Progressive. This insurance option may be a decent choice drivers who do not need high amounts of coverage and have a good understanding of what specific coverages and deductibles they need.

Which method is best for finding cheap auto insurance for retired military in Illinois? It would be easy to say buying from a direct company results in the cheapest price since that eliminates agent commissions, but unfortunately, it’s not that cut and dried. It would also be easy to say an independent agent is the best way because they can quote many companies, but that assumption is also not necessarily accurate. In many cases, exclusive agents have extremely competitive rates that other companies cannot beat.

Since insurance rates vary so much, the one way to get the cheapest rates is to compare, compare, and compare some more. We highly recommend getting prices from all three to give yourself enough choices. For a list of companies with cheap rates in Illinois, click here to view.