Living in Champaign or Urbana can save you funds on car insurance, relative to most other Illinois cities.
Which is 1 of the findings of ValuePenguin, a nationwide customer finance web site, which compared car insurance costs for the 50 largest cities in Illinois.
It almost certainly comes as small shock that rates in central Illinois tended to be reduce than these in metropolitan Chicago.
Quincy had the lowest annual premium, $ 667 — almost twenty percent beneath the state typical of $ 832.
The insurance hubs of Bloomington and Standard came in 2nd- and third-lowest, with annual premiums of $ 689 and $ 695, respectively.
They have been followed by Champaign, at $ 706 a 12 months, and Urbana, at $ 708 a year.
The most high-priced Illinois cities for car insurance? Cicero and Skokie, at $ 1,061 and $ one,022 a yr, respectively. Chicago was the fifth-highest at $ 958.
ValuePenguin came up with individuals figures by getting estimates from 5 organizations — GEICO, State Farm, California Casualty, Amica and Allstate.
The rates are for a thirty-12 months-previous single male driving a Toyota Camry that he owns. The automobile proprietor has excellent credit and is opting for minimum coverage below Illinois standards.
The motor vehicle owner logs amongst 10,000 and 15,000 miles in his vehicle, which he largely uses to go to and from operate. The driver has had no accidents in the past 5 many years.
Some companies naturally had decrease prices than others.
“Autos insured with GEICO in Urbana have been only paying $ 39 per month or $ 468 a year — a total 44 % more affordable than the state average,” ValuePenguin reported.
“At the other end of the spectrum, drivers in Skokie insuring themselves with Allstate will pay approximately $ 143 monthly and $ one,716 on an yearly basis. The price is almost 4 times as much as … (that paid by) the driver in Urbana.”
ValuePenguin explained it is not affiliated with any insurance coverage business.