Who Has Cheap Car Insurance Quotes for Drivers Over Age 70 in Illinois?

You have probably seen the commercials from companies like Progressive and State Farm guaranteeing big savings, so you should just pick the one with the best commercial, right?

That is not the case, however, as there are a lot of unknown aspects such as if your vehicle is used to commute, how experienced of a driver you are, if you have ever let your coverage lapse, and whether you are a man or a woman, that help determine the price you have to pay. The content below will cover the things that cause high insurance rates and will hopefully give you a good beginning to your search for cheaper coverage.

The vehicle model driven is probably the most important factor when quoting economical auto insurance for drivers over age 70. Vehicles with lower acceleration and performance, a great safety record, or a low likelihood of liability claims will cost much less to insure than high performance models.

The information below illustrates insurance prices for the more afforable automobiles to buy insurance for.

Price data assumes married female driver age 70, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Illinois minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Rate quotes do not factor in specific location information which can revise coverage prices considerably.

By looking at the data, you can infer that models like the Honda Accord, Honda CR-V, and Ford Escape are most likely going to be a few of the most economical vehicles to insure for older drivers. Prices will trend higher just because there is more exposure for drivers over age 70, but in general those makes and models will probably have the cheapest car insurance rates compared to other vehicles.

For older drivers, one of the largest criteria that is looked at to determine a rate quote is where you live in Illinois. Cities with larger populations or higher claims like Cicero, Berwyn, and Oak Lawn likely pay more, whereas areas with less congestion generally benefit from lower insurance rates.

The illustration below lists the higher priced cities in Illinois for drivers over age 70 in which to purchase auto insurance.

Prices are comparative as the specific zip code location can lower or raise premium rates considerably.

Trying to buy cheap auto insurance is not easy, and figuring out which company has the lowest-priced car insurance rates for drivers over age 70 takes even more diligence. Policy rates should be somewhat pricier than the state average attributed to the extra risk associated with selling coverage for older drivers, but reasonable insurance may be available if you look hard enough. Each company uses slightly different criteria for determining rates in each state, so first let’s look at the rankings for the car insurance companies that tend to have lower prices in Illinois.

It’s a good idea to be aware that Illinois car insurance rates are determined by lots of factors which can substantially change the price of your policy. That is why it is important to shop around with many companies when trying to find affordable insurance rates for drivers over age 70. Car insurance prices are calculated by many different factors and change substantially, so the best price the last time you checked may now be quite expensive.

Find the Cheapest Auto Insurance for Age 70+

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The Hartford quotes some of the best car insurance rates in Illinois at around $776 annually. Rockford Mutual, Titan, Cincinnati Insurance, and Erie also are some of the most economical Illinois auto insurance companies.

As shown in the table above, if you are currently insured with Cincinnati Insurance and switched to The Hartford, you might see yearly savings of in the vicinity of $112. Drivers with Erie might save as much as $129 a year, and State Farm policyholders might lower prices by $196 a year.

If you would like to find cheap auto insurance for drivers over age 70 in Illinois, click here to start a quote or visit any of the companies below.

Remember that these premiums are averaged across all drivers and vehicles in Illinois and and are not figured with a rate surcharge for drivers over age 70. So the auto insurance company that has the lowest price for you may not even be included in the above list. That helps illustrate why you need to get rate quotes from many companies using your own driver and vehicle profiles.

The illustration below shows how choosing a deductible can impact insurance premiums when trying to find cheap insurance for drivers over age 70. The costs are based on a single male driver, full physical damage coverage, and no discounts are taken into consideration.

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In the chart above, a 40-year-old driver could save $256 a year by increasing from a $100 deductible up to a $500 deductible, or save $388 by changing to a $1,000 deductible. Even younger drivers, such as the 20-year-old example, can save $846 each year just by choosing larger deductibles.

If you make the decision to raise deductibles, it will be necessary to have enough savings set aside to enable you to cover the extra out-of-pocket expense associated with higher deductibles.

Picking the highest-rated company can be a challenge considering how many choices you have in Illinois. The ranking data displayed below could help you decide which coverage providers you want to consider when insurance shopping for drivers over age 70.

The ratings below are only comprised of the largest companies in the United States, so companies that may only write in Illinois are not factored into this list. If you wish to compare prices from these companies and more, just click here.

Top 10 Major Auto Insurers in Illinois Ranked by Customer Service

1. Mercury Insurance
2. Nationwide
3. State Farm
4. Safeco Insurance
5. American Family
6. Titan Insurance
7. Travelers
8. Liberty Mutual
9. GEICO
10. Erie Insurance

Top 10 Major Auto Insurers in Illinois Ranked by Customer Satisfaction

1. USAA – 92%
2. Erie Insurance – 88%
3. American Family – 88%
4. State Farm – 88%
5. Nationwide – 88%
6. 21st Century – 88%
7. AAA Insurance – 87%
8. Liberty Mutual – 87%
9. Farmers Insurance – 87%
10. The Hartford – 87%

Allstate, Geico, State Farm, and Progressive compared

When it comes to auto insurance for older drivers in Illinois, four companies you’ll want quotes from are Allstate, Geico, State Farm, and Progressive. Combined they have over 45% of all car insurance policies written. All of them have unique coverages that may affect your buying decision. The following table points out some of the different options and features that may be available in Illinois.