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.
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.
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.
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 Rates
- Algonquin, IL Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Algonquin, IL
- Multi Vehicle Insurance Savings in Algonquin, IL
- How Credit Score Affects Car Insurance Rates in Algonquin, IL
- How DUI Affects Auto Insurance Premiums in Algonquin, IL
- Top Auto Insurance Agents Near Algonquin, IL
- How Driving Violations Affect Auto Insurance Rates in Algonquin, IL
- Algonquin, IL Auto Insurance Discounts on Anti Theft Feature
- Algonquin, IL Auto Insurance Company Reviews
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 Insurancei 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.
AllstateWe 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.
AaaI 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.
AllstateThe premium is absurd. Its about twice as high now than it was before I got seven DUIs last year.
Union MutualI think they are pretty avererage with the premium. Not whay to high and not way to low. About average.
Union MutualI 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.