Cheapest Auto Insurance Quotes for 16 Year Olds in Illinois

Our editors have a joke that when writing about car insurance, the words “affordable” or “cheap” should not appear anywhere to describe car insurance prices. Sad but true, cheap car insurance for 16 year olds can be extremely hard to find. Don’t let that discourage you, because we are going to show you how you can still find and buy coverage that is easier on your budget.

Deciding which company quotes the best car insurance rates for 16 year olds involves a bit more work in order to find the lowest price quote.

Every insurance provider uses a slightly different approach for setting rates, so to begin we’ll rank the most affordable car insurance companies in Illinois. We do need to point out that Illinois car insurance rates are based on many factors that will increase or decrease the price you pay for coverage. Turning one year older, buying another vehicle, or getting a reckless driving citation can cause premium changes that may make certain companies affordable when they were higher priced.

Best Car Insurance Prices for Teens

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The Hartford quotes some of the lowest car insurance rates in Illinois at around $769 per year. Rockford Mutual, Titan, Erie, and Cincinnati Insurance also make the cut as some of the more affordable Illinois car insurance companies.

As the example above demonstrates, if you currently have coverage with Cincinnati Insurance and switched to Rockford Mutual, you might see an annual premium reduction of about $111. Illinois drivers with Utica National may save as much as $162 a year, and USAA insureds might cut rates by $166 a year.

To find out how much you can save, click here to get quotes or feel free to get quotes from the companies below.

These prices are averages across all insureds and vehicles and do not take into consideration a rate surcharge for 16 year olds. So the auto insurance company that can offer you the lowest price may not even be shown in the list of companies shown earlier. That helps illustrate why you need to get rate quotes from many companies using your own specific driver information and vehicle.

We all have different tastes in cars, and the vehicle on the policy is one of the biggest factors that determines whether or not you find the best car insurance for 16 year olds. Vehicles with lower acceleration and performance, a plethora of safety features, or low incidents of liability claims will cost substantially less to insure than higher performance models.

The information below showcases car insurance rates for a number of the most budget-friendly vehicles to insure.

Above prices assume single female driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, and safe-driver. Price information does not factor in zip code location which can increase or decrease price quotes noticeably.

Data variables include single female driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium amounts do not factor in specific garaging location which can alter coverage rates noticeably.

Data variables include single female driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in the specific area where the vehicle is garaged which can alter price quotes noticeably.

Discounts on Illinois car insurance

Auto insurance companies that offer the cheapest auto insurance for 16 year olds in Illinois may also provide premium discounts that could potentially reduce rates by as much as 35% if you are eligible. Companies and some of the premium reductions they offer are:

The example below illustrates the difference between premium costs with and without some available policy discounts. The premiums are based on a female driver, no accidents or driving violations, Illinois state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows the average annual price with no discounts. The second shows the rates with paid-in-full, passive restraint, vehicle safety, paperless filing, good student, and anti-theft discounts applied. When these discounts are applied, the the average yearly reduction on car insurance for 16 year olds is 13% or $186.

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The information below shows how different deductible levels can affect insurance rates when trying to find cheap insurance for 16 year olds. The rate quotes are based on a married female driver, full coverage, and no discounts are applied.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 2203,2017,1807,1607],[‘Age 30’, 1541,1407,1253,1107],[‘Age 40’, 1525,1395,1247,1105],[‘Age 50’, 1337,1225,1097,977],[‘Age 60’, 1275,1167,1043,925],[‘Age 70’, 1379,1261,1131,1011]]);var options = {title: ‘Deductibles and Car Insurance Rates in Illinois’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

A 50-year-old driver could cut expenses by $240 a year by changing from a $100 deductible up to a $500 deductible, or save $360 by choosing a $1,000 deductible. Younger drivers, such as the Age 20 example, can save as much as $596 each year by choosing a larger deductible amount. When raising deductibles, it is a good idea to have enough spare savings to pay the extra out-of-pocket expense that is associated with using high deductibles.

How to find more affordable insurance for 16 year olds

The list below summarizes a few money-saving solutions that can help drivers find lower-cost coverage.

• Higher credit ratings may save you money
• Safe vehicles cost less to insure
• Just one traffic violation will increase your rates
• If possible, pay for small claims out-of-pocket
• At-fault accidents will increase rates
• Comparison shop frequently

The final tip is notably significant, as we emphasized in the prior article. Insurance prices in Illinois can change significantly in a year, so don’t be tentative to buy from a new company if a cheaper price is available.

Brand loyalty is great, but it’s not recommended if that stubbornness costs you a lot of money. In just a couple of minutes you could compare prices to find cheaper insurance for 16 year olds.