Algonquin Auto Insurance Rates, Quotes, Agents & Reviews in IL

Algonquin, IL Auto Insurance Rates, Quotes, Agents & Reviews

Zimlon, through its research, found that car owners in Algonquin, IL, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.

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Factors Influencing the Cost of Auto Insurance in Algonquin, IL

The average cost of auto insurance in Algonquin, IL, is $1,092. It is lower than the insurance price in neighboring places such as Trout Valley, Cary, Lake in the Hills, and Oakwood Hills. Several factors can affect the cost of auto insurance in Algonquin. A thorough comparison of multiple auto insurance quotes will help car owners obtain an insurance quote that best suits their coverage needs. Zimlon also offers the option of keying in one’s zip code to get accurate auto insurance quotes.

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Some of the factors that could increase the cost of auto insurance are as follows.

Credit Score:

A low credit score could also mean an increase in the cost of auto insurance. Moreover, auto insurance increases when the credit score is “poor” or “average.” The cost of auto insurance when the credit score is “exceptional” can be quite low.

Driving Violations:

Driving Violations such as driving with an expired license or speeding can also have a severe impact on auto insurance costs in Algonquin, IL, mainly because it increases the amount of risk being covered by insurers. Speeding or driving with an expired license can prove to be quite expensive. 

DUI:

DUIs can prove to be extremely expensive for car owners in almost every city in the country. This can have a lasting impact on insurance rates as well. The cost of auto insurance post-DUI in Algonquin can be as high as $1,092. 

Age Group:

The cost of auto insurance depends on the age of the driver. Auto insurance is the cheapest for drivers who are in their fifties and sixties in Algonquin. Teenagers are considered more risk-prone to accidents and continue to find auto insurance expensive at $3,543. 

Deductibles:

This is one of the most common factors influencing the cost of auto insurance in Algonquin, IL. A low deductible ($500) usually increases auto insurance value, whereas a high deductible ($1,000) lowers it. For example, the average cost of auto insurance on a deductible of $500 is $2,270, and it decreases to $1,917 when the deductible is $1,000.

Other factors that could make auto insurance expensive include not using anti-theft equipment. Comparing quotes is of utmost importance to reduce the cost of auto insurance in the city.

What Does it Cost to Insure Your Car in Algonquin, IL

The average cost of car insurance in Algonquin, IL is $1092 per year. Zimlon’s research found that these prices can be even more affordable with the help of discounts and other factors like driver's age, credit score and deductible. These are explored below by Zimlon to know what options for finding cheap auto insurance rates really are.

The article is about how some people might find cheaper premiums just based on their requirements such as a higher deductible or age.

Based on deductibles

To save some money on car insurance, consider going with a low deductible for more savings. Car owners in Algonquin can get super cheap auto insurance by considering this factor and choosing the right deductibles according to Zimlon's research. Algonquin car owners can get cheap car insurance by considering their deductible. Those who choose a low deductible ($500) usually pay more for auto coverage than those with high deductibles ($1,000). According to Zimlon's research on the topic in Algonquin this difference is  $2270 and $1917 respectively.

Auto Insurance Cost in Algonquin Based on deductibles in nearby cities

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Multi Car Insurance Rates

 

Algonquin car owners looking to save on their auto insurance should consider bundling with other types of coverage. For instance life and home can provide a fair discount per month when purchased together from the same company. An analysis by Zimlon found that Algonquin car owners who bundled more than one type of insurance could see a monthly decrease in premiums as they insured both vehicles under the same policy. In Algonquin , insurance companies provide $284 and $426 off on 2 vehicle bundle and 3 vehicles bundle respectively. One can save $568 on auto insurance by bundling 4 vehicles in Algonquin.

Based on the credit score

In most of the states credit score is a major rating factor. Car owners  with low credit not only file more claims than car owners with high credit but also their claims seem to be more expensive. Auto insurance companies also provide attractive discounts to car owners with a higher positive credit score and a clean driving history.According to Zimlon’s analysis in Algonquin car owners with a good credit score with 800 or more pay only upto $937 for insurance whereas those who are low on the totem pole may end up paying considerably more at $1781.

Based on age of the car owner 

 Teenagers and young residents of Algonquin pay more in car insurance costs since they are considered to be less responsible behind the wheel than older drivers. The average cost for a teenage driver in Algonquin is $3543  while 30-50 year olds can expect to find cheaper rates at less than $1081-$963 annually. Drivers looking for discounts on their premiums should consider comparing age based policies which offer good student discounts or safe driver/defensive driving incentives that may be available depending upon your needs as well as other factors such as marital status.

Factors that can influence the cost of car insurance in Algonquin, IL are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.


Algonquin, IL Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top

The following table compares the cost of insurance in Algonquin, IL with that of other cities in and around Algonquin.

Algonquin Trout Valley Cary Lake in the Hills Oakwood Hills Crystal Lake
Average Insurance Rates $1,092 $1,399 $1,285 $1,281 $1,267 $982

Algonquin, IL Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top

The following table makes a comparison of the variation in car insurance rates in and around Algonquin, IL based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.

Location Low Deductible ($500) High Deductible ($1000)
Algonquin $2,270 $1,917
Trout Valley $1,784 $1,507
Cary $1,441 $1,217
Lake in the Hills $1,518 $1,282
Fox River Grove $1,153 $974
Crystal Lake $1,160 $980
Oakwood Hills $1,460 $1,233
Port Barrington $3,657 $3,089

Algonquin, IL Auto Insurance Rates Based on the Age of the Driver | Back to Top

Teenagers in Algonquin, IL usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.

Age of Driver Insurance Cost
Teens $3,543
20 Years $1,403
30 Years $1,081
40 Years $1,040
50 Years $963
60 Years $976
70 Years $1,136

Algonquin, IL Car Insurance Discounts for Multi-Car Insurance | Back to Top

Car owners in Algonquin, IL can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:

Number of Cars Auto Insurance Cost Total Savings
2 Vehicles $1,900 $284
3 Vehicles $2,850 $426
4 Vehicles $3,800 $568

Savings on 2 Vehicles bundle:$284

Savings on 3 Vehicles bundle:$426

Savings on 4 Vehicles bundle:$568


Algonquin, IL Post- DUI Auto Insurance Rates | Back to Top

Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Algonquin, IL.

Location Average Insurance Cost Post DUI Insurance Rate
Algonquin $1,092 $1,773
Trout Valley $1,399 $2,271
Cary $1,285 $2,086
Lake in the Hills $1,281 $2,080
Fox River Grove $1,316 $2,136
Crystal Lake $982 $1,594
Oakwood Hills $1,267 $2,057
Port Barrington $1,342 $2,179

Algonquin, IL Auto Insurance Rates Based on Credit Score | Back to Top

Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.

Credit Score Insurance Cost
Exceptional (800-850) $937
Excellent (740-799) $1,069
Good (670-739) $1,138
Average (580-669) $1,485
Poor (300-579) $1,781

Algonquin, IL Auto Insurance Agents | Back to Top

Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.

Agent Name Company Agent Address Contact Details
Christine Altieri State Farm 1133 Weiland Rd, Buffalo Grove, 60089-7006 847-459-3373
Neil Lewis Allstate 1301 S Wolf Rd Ste 204, Prospect Heights, 60070 (847) 215-3400
Pat Iii-Muir Agency Inc Travelers 216 E ROUTE 22, LAKE ZURICH, 60047 847-550-9900
Richard Carlson Farmers 2400 Big Timber Rd Ste 101b, Elgin, 60124 (847) 697-6400
Raul Gonzalez Farmers 800 W Central Rd Ste 119, Mt Prospect, 60056 (847) 392-5555
Dave Patterson Insurance Agency Travelers 875 FEINBERG COURT STE 102, CARY, 60013 847-293-7729
A & M Insurance Services Erie 2726 West Touhy Avenue, Chicago, 60645 None
Tamika Echols State Farm 1611 N Clybourn Ave, Chicago, 60614-5507 312-944-9700
Frisch & Barrett Ins Agcy Inc Erie 226 W Main Street, Cary, 60013 None
Alim Corporation Erie 820 W Davis St Ste 215, Evanston, 60201 None
Lakeview Insurance Agency Ltd Erie 3438 N Southport Avenue, Chicago, 60657 None

Algonquin, IL Auto Insurance Rates can Increase Based on Driving Violations | Back to Top

Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.

Driving Violation Cost Increase Total Insurance Cost
Driving Without Headlights +$48 $1,140
Driver's Failure In Showing Documents +$106 $1,198
Driving With An Expired Registration +$112 $1,204
Driving At A Considerably Slow Pace +$237 $1,329
Using A Cellphone While Driving +$250 $1,342
Running A Red Light +$254 $1,346
Speeding +$268 $1,360
Driving A Vehicle Without The Required Permission +$340 $1,432
Driving With An Expired/Suspended License +$736 $1,828

Algonquin, IL Auto Insurance Rates Based on Anti-Theft Feature | Back to Top

Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.

Anti Theft Feature Insurance Cost
Audible Alarm $1,048
Active Disabling Device $1,048
Tracking Device $1,026
Passive Disabling Device $1,016

Latest Auto Insurance Reviews in Algonquin, IL | Back to Top

American Family Insurance
i am very satisfied with the car insurance provider of mine as i have the least premium amount and all the service provided by the provider is at the topmost ranking in all the providers.
Allstate
We have an agent that we deal with and have never had to file a claim. We have never requested a policy change since we are so happy with our insurance co. My rates have not gone up in 20 years.
Aaa
I have been a member of AAA insurance for over 20 years, and i receive pretty good services whenever needed. I would rate them as Number One in the country as an auto insurance carrier. I will contiune to be insured by this company.
Allstate
The premium is absurd. Its about twice as high now than it was before I got seven DUIs last year.
Union Mutual
I think they are pretty avererage with the premium. Not whay to high and not way to low. About average.
Union Mutual
I dislike the communication. I'm set up for auto renewal which I didn't know about and I ended up paying twice without them noticing the error and double charging me.