The average auto insurance policy costs $111 per month in Elgin. Are you paying too much?
The average car insurance rate in Elgin, Illinois, is $1,341 per year. That's greater than the statewide average in Illinois ($1,303) and less expensive than the national average of $1,548. Keep reading to learn more about how much you can expect to pay based on your marital status, age, credit score and other factors in Elgin.
| Elgin Average (annual) | Illinois Average | National Average |
| $1,341 | $1,303 | $1,548 |
One of the most important determinants of your car insurance rates is the insurance company you work with. For a typical insurance customer, GEICO provides Elgin's cheapest rates. See below the best options for affordable auto insurance in Elgin. Don't forget to get car insurance quotes based on your driving profile.
| Insurer | Average Annual Rate |
| GEICO | $869 |
| Country | $1,132 |
| State Farm | $1,209 |
| American Family | $1,315 |
| Progressive | $1,534 |
Read our guide to finding the best cheap auto insurance.
Elgin drivers in their 50s pay relatively affordable car insurance rates just $1,163 each year, on average. Those in their 60s don't pay much more ($1,195).
Teenage drivers pay Elgin's most expensive insurance rates. One of the most effective ways to get cheaper car insurance rates as a driver in Elgin is to celebrate your 20th birthday. The gap in cost between the car insurance premiums paid by teenage drivers and drivers in their 20s in Elgin is $3,235. That's the biggest gap in premiums between any pair of age brackets.
| Age group | Average Yearly Rate |
| Teens | $5,104 |
| 20s | $1,869 |
| 30s | $1,307 |
| 40s | $1,255 |
| 50s | $1,163 |
| 60s | $1,195 |
| 70s | $1,472 |
Learn more about the impact of age on auto insurance rates.
Marital status and gender are contributing factors to car insurance rates in many cases. In most places, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in Elgin pay $133 less than single drivers for auto insurance. In Elgin, insurance rates for those who are widowed are less expensive than rates for those who are single.
Gender is yet another factor that can affect auto insurance premiums. In Elgin, female drivers pay more for auto insurance than do male drivers: $3 per year, to be precise.
| Marital Status/Gender | Average Annual Rate |
| Female | $1,344 |
| Male | $1,341 |
| Single | $1,341 |
| Married | $1,208 |
| Divorced | $1,341 |
| Widowed | $1,318 |
Learn more about the impact gender and marital status have on insurance rates.
If you want to keep your car insurance costs reasonable, keep your driving record clean. Speeding tickets, reckless driving citations, DUIs and DWIs, and at-fault accidents all can trigger insurance rate hikes.
Two of the most expensive driving violations from an insurance perspective are reckless driving and DUI. In Elgin, a reckless driving citation results in an average insurance rate increase of $799 per year, compared to the citywide average. For comparison's sake, a DUI offense results in a $732 increase and a speeding ticket triggers a $382 rate hike.
| Incident/Violation | Average Yearly Rate |
| DWI/DUI | $2,073 |
| Reckless Driving | $2,140 |
| At-fault Accident (damages less than $1,000) | $2,000 |
| At-fault Accident (damages > $2,000) | $2,169 |
| Speeding Ticket (16-20 mph over speed limit) | $1,723 |
Learn more about citations' impact on your auto insurance rates.
An important insurance rating factor is credit. Drivers with checkered credit histories typically face higher car insurance rates than do drivers with good credit. Elgin drivers who improve their credit score from "Very Poor" (300-579) to "Exceptional" (800-850) can save as much as 58% on their car insurance premiums. Moving from "Very Poor" to "Fair" credit is a great way to save money on car insurance. In Elgin, improving your credit to "Fair" could help you earn $1,048 in savings on insurance premiums each year.
| Credit Tier | Average Annual Rate |
| Very Poor | $2,628 |
| Fair | $1,580 |
| Good | $1,341 |
| Very Good | $1,224 |
| Exceptional | $1,101 |
Curious about how your credit score might impact your auto insurance rates? Click here to learn more.
