Elgin Car Insurance Information
On the list containing cities of Illinois State with the most expensive auto insurance rates, Elgin City is ranked at the 16th position. Car owners of Elgin city pay $110 more in auto insurance premiums than auto insurance average of the entire state and $368 more as compared to the national auto insurance average.
The average annual auto insurance rates of Elgin city is approximately $1,268/ year whereas the national auto insurance average is about $900. As a result, it’ mandatory for car owners of Elgin to compare car insurance quoted form various insurance firms in Elgin when purchasing car insurance policies. This is specifically why we are the perfect fit for you. We help you obtain the cheapest auto insurance rate in Elgin, helping you make significant savings on auto insurance premiums in return.
The table below clearly indicates the average costs of auto insurance of Elgin City, Illinois State and national average.
CHEAPEST CAR INSURANCE COMPANIES IN Elgin
With an aim of determining the auto insurance companies that have the cheapest rates in Elgin city, we compared rates of different car insurance firms in Elgin. The rates of auto insurance change depending on sex or age of the driver but the greatest actor that tend to affect cost is variability in insurance quotes of companies. In Elgin City, for instance, the firm with the lowest quote was Farmers Insurance with a rate of $4010. For this reasons, we strongly advise our clients and vehicle owners of Elgin to obtain auto insurance quotes form a minimum of 3 companies and then compare the rates.
In order to make things even easier for you, we’ve listed the top 8 cheapest auto insurance firms in Elgin city together with their annual rates in the following table;
| Rate | Car Insurance Company | Annual Insurance Rate |
|---|---|---|
| 1 | American Family | $1787 |
| 2 | Progressive | $1881 |
| 3 | Country Financial | $1978 |
| 4 | Travelers | $2414 |
| 5 | Allstate | $4002 |
| 6 | Farmers Insurance | $4010 |
Elgin Car Insurance Rate by Zip Code
The table above contains that data of various zip codes of Elgin as well as their rates of auto insurance. We are attempting to show how a change in zip code tends to affect the rate of car insurance in Elgin. For instance, we can clearly note that the average rate of car insurance for 30 year old male drivers at 60125 zip code is $1220 whereas the average car insurance rate for the same drivers at 60120 zip code moves up to reach $1517. We can clearly note that there is an annual price increase of approximately $307, when there is a change in zip codes within Elgin city. Therefore, it is important to choose appropriate zip codes when purchasing auto insurance policies to ensure that you get the cheapest rates of auto insurance in Elgin, Illinois. Fortunately, this is specifically what Network Car Insurance will do for you. We’ll ensure that you obtain cheap car insurance in Elgin by helping you choose the correct zip code.
| Zip Code | Average Car Insurance Rates | Highest Rate | Lowest Rate |
|---|---|---|---|
| 60120 | $1517 | $2235 | $888 |
| 60121 | $1380 | $2154 | $709 |
| 60124 | $1351 | $2247 | $709 |
| 60122 | $1235 | $1875 | $629 |
| 60125 | $1220 | $1876 | $629 |
Elgin CAR INSURANCE RATES BY AGE
| Age | Average Annual Rates |
|---|---|
| 70 | $1299 |
| 60 | $1070 |
| 50 | $1002 |
| 40 | $1113 |
| 30 | $1143 |
| 20 | $1655 |
| Teenagers | $4666 |
The table below contains data that compares the average rate of auto insurance in Elgin for various age groups. We’re attempting to give an explanation of how the rates of auto insurance gender change with the driver’s age. For instance, the average auto insurance rate in Elgin for a 20 year old driver is $1,655 whereas the average rate of insurance for drivers in their 30s decreases to reach $1,143. This clearly indicates that the average auto insurance rate in Elgin tends to decrease as age of the driver increases. However, despite the fact these rates continue to decrease as the driver’s age increase, drivers should anticipate a slight increase as they move from their 60s to 70s.
Additionally, in the city of Elgin, drivers experience significant decrease in their premium on reaching their 20s, since they pay $3011 less on average once they move from the age group of teenagers.
Therefore, you can obtain the cheapest auto insurance rate by considering the age range with cheap auto insurance rates. Network insurance will help you select the right family member to get your car insurance to ensure that you get the cheapest auto insurance rate in Elgin.
