Elgin, IL Car Insurance

On average, Elgin drivers pay around $51 a month for their car insurance. We cover plan rates, policies and more in our guide below.
What can Elgin residents expect to pay for their car insurance? How does Elgin stack up to the rest of the area, or even Illinois as a whole? You can see the cost breakdowns and contributing factors in the charts and writeups below:  

How much is car insurance in Elgin?

Area Average Monthly Car Insurance Premium
Elgin$51
IL$50
United States$80

Based on the chart above, you can see that the costs for coverage in Elgin are in line with rates across the rest of Illinois.

Drivers relocating from out of state may enjoy some cost savings in Elgin. The average monthly payment for the U.S. as a whole is about $29 more expensive than in Elgin.

Bear in mind that while these are the average car insurance rates for Elgin, you could end up paying something different. There are a variety of factors that car insurance companies consider to determine how much to charge you to insure your vehicle. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all play a part in your policy's monthly price.

Don't sweat it however, we've broken down average rates for Elgin residents based on several different factors so that you can get a more accurate idea of what it might cost to insure your vehicle. And if you think you might be overpaying for insurance, simply enter your ZIP below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$83
25-34$41
35-44$37
45-54$42
55-64$34
65+$40

Generally speaking, the older you are, the more experience you have driving, right? That experience can lead to some serious savings when it comes to auto insurance bills. According to the table above, you can see that 18-24-year-olds pay twice as much as someone who is at retirement age.

For every ten years older you get, you can expect to see a drop in your monthly premium. Elgin drivers may see their rates begin to increase again once they hit retirement.

Average Car Insurance Rates by Gender

Gender Average
Male$53
Female$47

Car insurance rates for women are generally cheaper than they are for men. The difference in Elgin is around $6 a month. As you can see in the chart above, car insurance for women in the area typically costs around $47 each month, while men pay $53 on average.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$63
Multiple Accidents$63
1 Ticket$71
Multiple TicketsNot Enough Data

Depending on your driving record, your rates can vary quite a lot. Drivers who avoid accidents and tickets will pay significantly lower rates than those with infractions. The rate for drivers in Elgin with a single accident on their record is about $63 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $71 on average.

Wherever you live, accidents, tickets, and other driving infractions can cost you some serious cash. So, if you want the cheapest rates, drive carefully and try to maintain a clean driving record.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$79
2-3 Years$44
4-5 Years$50
6-7 Years$39
8-10 Years$45
11-14 Years$48
15 Years or Older$56

In Elgin, the cheapest vehicles to insure are usually trucks and vans, with drivers paying around $37 per month to insure their vehicle.

Car owners can expect to pay an average of around $51 a month for their policy, while SUVs usually cost around $54 a month to insure.

The age of your vehicle has an impact on the cost of your policy as well. Generally, newer vehicles are going to cost the most to insure. However, your rates may start to decrease if your car is close to 5 years old. In Elgin, the most expensive vehicles to insure are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$55
Married$40
Divorced$36
Widowed$31

More often than not, people who are married will pay slightly less for car insurance. This usually boils down to owners having multiple vehicles on the same policy, something many companies offer special discounts for.

Married couples, on average, pay less than single drivers do to insure their vehicles. This holds true in Elgin, with married couples paying about $15 less per month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$44
Rent$52
Live with parents$73

Your living situation is another factor that affects your monthly rate. Renters can expect to pay around $8 a month more than drivers who own property in Elgin. But if you live with your parents, you can expect to pay a lot more.

Bundling your home or rental insurance with your auto insurance can oftentimes reduce your average premiums, depending on your insurance company.

Car Insurance Companies in Elgin, IL

Recent trends in car insurance for Elgin drivers

Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before shopping for coverage.

The cost of insurance in Elgin went up from 2016-2017, before leveling out in 2018. Rates finished up in 2021, at $68 per month

How does Elgin compare to neighboring areas?

Why are car insurance rates in Elgin different from other areas?

There are many factors car insurance companies take into consideration when deciding how much to charge for coverage. The specifics of where you live will have an impact on your personal policy. This might include things like:

  • Number of drivers in the area
  • Road Safety (how many accidents each locality has)
  • Laws
  • Off-street parking access
  • Rate of crime

Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. Realizing that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your corner of the world.

How can I find the cheapest car insurance in Elgin?

While knowing what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Don't worry, Compare.com does all of that work for you. Enter your ZIP Code below, answer a few questions on you and your vehicle, and you'll be comparing the cheapest quotes from many of the car insurance companies providing policies in Elgin.

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Elgin Insurance FAQs

What factors affect car insurance quotes in Elgin?

Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your age and gender, but also factors like your address, driving record, credit score, and marital status.

Why is the cost of car insurance in Elgin different from other neighboring cities?

Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like local laws, parking situations, and crime rates -- which can vary from city to city -- can significantly affect your rate.

Which car insurance company will offer me the cheapest rate in Elgin?

Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible by using sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to Elgin?

Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Elgin or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?

Find your best rate in just a few minutes