The words "economical" and "insurance" really don't belong together, especially when you are searching for the best coverage prices for felons. Because of the high cost, let's learn about some situations that can significantly affect auto insurance prices, and find out if we can help you shave a little off your next policy.
The car, truck, or SUV you are trying to insure is one of the biggest factors when consumers are trying to find the best cheap auto insurance for felons. Vehicles with limited top-end speed, a great safety record, or a positive history of liability claims will cost much less to insure than high performance models.
The list below outlines car insurance premiums for a selection of the more affordable automobiles to insure in Illinois.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Jeep Wrangler Sport 4WD 2-Dr | $2,058 |
| Honda CR-V EX 2WD | $2,179 |
| Honda Accord LX 4-Dr Sedan | $2,187 |
| Ford Escape XLS 2WD | $2,179 |
| Dodge Grand Caravan CV | $2,230 |
| Ford F-150 FX2 Super Cab 2WD | $2,236 |
| Chevrolet Equinox LT AWD | $2,357 |
| Hyundai Elantra Blue 4-Dr Sedan | $2,440 |
| Honda Odyssey EX-L W/Navigation | $2,484 |
| Toyota Prius | $2,494 |
| Volkswagen Jetta SEL 4-Dr Sedan | $2,529 |
| Nissan Altima Hybrid 4-Dr Sedan | $2,538 |
| Toyota Tacoma 4WD | $2,535 |
| Chevrolet Silverado LT Extended Cab 4WD | $2,580 |
| Toyota RAV4 Limited 4WD | $2,589 |
| Ford Explorer Limited 4WD | $2,631 |
| Ford Fusion S 4-Dr Sedan | $2,659 |
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Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Illinois minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Estimates do not factor in your specific Chicago, IL location which can modify premium rates greatly.
Looking at the rates, you can expect makes and models like the Jeep Wrangler, Honda CR-V, Honda Accord, and Ford Escape are going to be the most economical vehicles to insure for felons.
For felons, one of the big factors that are looked at to determine insurance cost is the neighborhood you call home in Chicago. Areas with more people or more claims are more likely to have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates have the luxury of cheap car insurance rates.
The illustration below lists the priciest cities in Illinois for felons to purchase auto insurance in. Chicago comes in at #2 with the yearly price of $1,484 for coverage, which is about $124 monthly.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Cicero | $1,526 |
| 2 | Chicago | $1,484 |
| 3 | Berwyn | $1,464 |
| 4 | Skokie | $1,391 |
| 5 | Evanston | $1,276 |
| 6 | Des Plaines | $1,236 |
| 7 | Oak Lawn | $1,231 |
| 8 | Mount Prospect | $1,181 |
| 9 | Waukegan | $1,176 |
| 10 | Rockford | $1,153 |
| 11 | Bolingbrook | $1,150 |
| 12 | Orland Park | $1,149 |
| 13 | Joliet | $1,145 |
| 14 | Elgin | $1,139 |
| 15 | Schaumburg | $1,135 |
| 16 | Tinley Park | $1,132 |
| 17 | Palatine | $1,121 |
| 18 | Arlington Heights | $1,095 |
| 19 | Peoria | $1,082 |
| 20 | Aurora | $1,053 |
| 21 | Naperville | $1,053 |
| 22 | Springfield | $1,028 |
| 23 | Decatur | $1,013 |
| 24 | Champaign | $971 |
| 25 | Bloomington | $942 |
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Premium costs are approximated as specific location information can influence premium rates noticeably.
Comparing rates for budget insurance is tough enough, and determining which companies have the best car insurance rates for felons requires a bit more work. Every auto insurer uses their own formula for determining rates, so let's begin by examining the lowest cost car insurance companies in Chicago, IL.
Best Insurance Companies for Felons
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $753 |
| 2 | Rockford Mutual | $813 |
| 3 | Titan | $852 |
| 4 | Erie | $905 |
| 5 | Cincinnati Insurance | $924 |
| 6 | Utica National | $946 |
| 7 | USAA | $950 |
| 8 | Travelers | $981 |
| 9 | SECURA | $1,005 |
| 10 | State Farm | $1,012 |
| 11 | Auto-Owners | $1,033 |
| 12 | Safeco | $1,063 |
| 13 | GEICO | $1,118 |
| 14 | Amica | $1,120 |
| 15 | Farmers | $1,181 |
| 16 | California Casualty | $1,197 |
| 17 | MetLife | $1,220 |
| 18 | Esurance | $1,233 |
| 19 | Progressive | $1,256 |
| 20 | State Auto | $1,260 |
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The Hartford quotes some of the cheapest car insurance rates in Chicago at around $753 annually. Rockford Mutual, Titan, Erie, and Cincinnati Insurance also qualify as some of the best Chicago, IL auto insurance companies.
As shown above, if you are a policyholder with Erie and switched to The Hartford, you could earn yearly savings of around $152. Insureds with Cincinnati Insurance might save as much as $171 a year, and Utica National policyholders might cut rates by $193 a year.
Remember that these rates are averages across all drivers and vehicles and are not factoring in a specific location for felons. So the company that can offer you the best rate may not even be in the top 36 companies in the list above. That affirms the importance of why you need to compare as many prices as possible using your own specific driver information and vehicle.
Bad driving habits will cost you more
In a perfect world, the ideal way to get good car insurance prices in Chicago for felons is to drive cautiously and avoid accidents and keep your driving record clean. The diagram below shows how traffic citations and at-fault accidents can increase premium costs for different categories of driver ages. The data assumes a married female driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.
The data charted above shows the average cost of an auto insurance policy in Illinois per year with no accidents and a clean driving record is $954. Factor in two speeding tickets and the average cost increases to $1,348, an increase of $394 each year. Now include two accidents along with the two speeding tickets and the yearly cost of car insurance for felons increases to an average of $2,886. That's an increase of $1,932, or $161 per month, just for a couple of infractions!
Types of discounts on Chicago car insurance
Insurance companies that offer cheap quotes for felons may have discounts that could potentially reduce rates by 40% or more if you qualify for them. A list of car insurance companies and a partial list of their discounts can be read below.
- GEICO offers discounts including membership and employees, five-year accident-free, military active duty, multi-policy, good student, and defensive driver.
- MetLife includes discounts for multi-policy, good student, defensive driver, accident-free, and claim-free.
- State Farm has savings for Drive Safe & Save, safe vehicle, multiple autos, multiple policy, and good driver.
- Progressive discounts include multi-policy, online quote discount, multi-vehicle, continuous coverage, online signing, and homeowner.
- Mercury Insurance may have discounts that include type of vehicle, anti-theft, professional/association, accident-free, multi-car, good student, and annual mileage.
- 21st Century policyholders can earn discounts including student driver, teen driver, good student, automatic seat belts, anti-lock brakes, and defensive driver.
- Allstate may include discounts for EZ pay plan discount, farm vehicle, safe driver, premier plus, good student, and early signing.
The chart below illustrates the comparison of insurance prices with and without discounts applied to the rates. The premium estimates are based on a female driver, a clean driving record, no at-fault accidents, Illinois state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The lower bar shows the rates with defensive driving course, marriage, multiple vehicle, claim-free, anti-theft, and multiple policy discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on car insurance for felons is 28% or $392.
Chicago car insurance rates
Chicago, IL car insurance rates are based on many factors which can substantially decrease or increase your annual premium. Simply improving your credit, having a teen driver, or having a fender bender can trigger changes in premium that can make some companies affordable when they were higher priced. Not only may your situation change, but car insurance companies change their prices multiple times each year in order to be able to pay unexpected claims. A period of increased losses can cause increased rates, while a better claims history may cause more affordable Chicago car insurance rates.
For instance, the graph below shows rates for the cheapest car insurance in Chicago, IL for a 30-year-old female driver with a clean driving record, no accidents, and good credit. When quoting prices based on her personal risk profile, The Hartford might offer the cheapest car insurance rates in Chicago at $1,186 each year. This is $163 less than the average premium paid by Illinois drivers of $1,349. Rockford Mutual, Titan, Erie, and Cincinnati Insurance are the rest of the most affordable Chicago, IL auto insurance companies.
Now we will give the driver in the first chart an at-fault accident, a lower credit score, and a traffic ticket or two. Since each auto insurer has their own unique process for determining rates, comparing insurance quotes may now show a different ranking of companies as shown below.
Travelers now has the cheapest car insurance in Chicago, IL with State Farm, Utica National, SECURA, and Auto-Owners now rounding out the top five. This demonstrates why consumers need to take the time to perform a complete rate comparison to get the most affordable insurance quotes for felons. Insurance rates consist of many things and change substantially, so the cheapest option six months ago may now be wasting a lot of money.
How to find economical insurance for felons
The list below shows a few money-saving solutions that can help drivers buy low-cost coverage.
- Avoid speeding and other traffic citations and pay less
- Claim-free drivers earn discounts
- Multi-policy discounts save money
- If your vehicles are older, consider dropping full coverage
- Maintain a safe distance and avoid accidents
- Buy a car with high safety ratings
- Compare rates once a year for cheaper prices
The last suggestion is incredibly important, as we hit on in this article. Insurance rates in Chicago change frequently, so drivers shouldn't be resistant to switch companies if a better rate can be found.
Having a favorite company is great, but we do not recommend it if it's costing you several hundred dollars every year. It takes less than five minutes to compare prices and find cheaper insurance for felons.