Cheapest Auto Insurance in Peoria, Illinois (2024)

Auto-Owners offers the cheapest liability insurance in the city, with an average monthly quote of $28.

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Daria Kelly Uhlig
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Daria is a licensed Realtor and resort property manager specializing in personal finance, real estate, and insurance topics. In her spare time, she practices photography.

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Katie Powers
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Katie PowersAuto and Life Insurance Editor
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  • 3+ years experience in insurance and personal finance editing

Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.

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Updated April 22, 2024

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Cheapest recent rates near Peoria, Illinois

Drivers using Insurify have found quotes as cheap as $31/mo for liability only and $65/mo for full coverage in Peoria and other Illinois cities.

*Quotes generated for Insurify users in and around Peoria, Illinois within the last 10 days. Last updated on April 22, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from April 22, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users in and around Peoria, Illinois within the last 10 days. Last updated on April 22, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from April 22, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

Drivers in Peoria pay an average of $126 per month for car insurance, which is close to the Illinois state average of $131 and less than the overall national average of $158. The cheapest insurers in Peoria are Auto-Owners, State Farm, and GEICO, but you should always compare quotes to find the best rates.

Several factors can explain why Peoria drivers typically pay less for coverage than the average U.S. driver, including population density and traffic congestion.[1] Drivers in suburban areas like Peoria typically pay less for coverage than residents of urban environments because of reduced traffic congestion and risk of accidents.

Here’s what you need to know about finding cheap coverage in Peoria.

Quick Facts
  • Peoria drivers pay $77 per month for liability coverage and $176 for full-coverage insurance, on average.

  • Illinois is an at-fault state, so the driver who caused the accident is responsible for covering the resulting damages and injuries.[2]

  • In addition to liability coverage, all Illinois auto insurance policies must include a minimum of uninsured motorist bodily injury coverage.[3]

Cheapest car insurance companies in Peoria

Car insurance rates vary quite a bit from one company to the next, and so, too, can the products and services insurance companies offer. The cheapest car insurer for you isn’t necessarily the one with the cheapest average rates. Rather, it’s the one that has the lowest rates for you specifically, based on factors like your driving record, the car you drive, and the coverages you need.

The quotes below reflect the average rates for top insurers in Illinois.

Insurance CompanyIQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
Liability OnlyFull CoverageBest for
Auto-Owners4.0$28$46Cheap rates
State Farm4.5$30$50Rideshare drivers
Mile Auto3.5$48$68Low-mileage drivers
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
  • Our editorial team spent 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. Criteria are weighted by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.

    We rate each company on a 1 to 5 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. We update ratings once a year or as more recent information becomes available.

    • Third-party financial ratings: We use data from AM Best, S&P, Moody's, and more to compare insurance companies’ credit and ability to pay out future claims.
    • Customer satisfaction: To calculate this score, Insurify analyzed more than 20,000 customer reviews across 155 car insurance companies. We also considered third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
    • Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the United States, as well as available discounts, to calculate an affordability score.
    • Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
    • Availability and reach: Insurify identified the number of states in which insurers offer coverage and company size by market share to score availability and reach.

Best insurer for cheap rates: Auto-Owners

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.1
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
837
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$28/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$47/mo

Auto-Owners is one of the top 20 largest insurers in the U.S. Founded in 1916, the company sells car, home, life, and commercial insurance policies. It offers affordable average rates and several car insurance discounts, including savings for having multiple policies with the insurer, paying your premium in full, choosing a higher deductible, and more.

Auto-Owners earned a financial strength rating of A++ (Superior) from AM Best, and the company has significantly fewer customer complaints than the industry average for a company of its size, according to the National Association of Insurance Commissioners (NAIC) Consumer Complaint Index.

Pros
  • Above-average J.D. Power customer satisfaction rating in the North Central region

  • Full-service insurance company

Cons
  • Quotes not available on website

  • Mobile app rating could improve

Read our Auto-Owners review
Jack - April 9, 2024
Verified

Poor Handling but Partial Payment Made

I had a major claim due to a fire, which was not my fault. They handled it poorly and the complex ended up tearing down my building. They did make a payment, but there was a $10,000 depreciation on my goods.

Erin - April 7, 2024
Verified

Unhappy with Renewal Costs

The premium is ridiculously expensive for the few miles I drive.

Brandy - April 6, 2024
Verified

Fair Prices from a Trustworthy Company

I've had zero issues!

Best insurer for rideshare drivers: State Farm

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.4
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
842
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$30/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$50/mo

In business for more than 100 years, State Farm offers a robust selection of insurance products, including auto and other vehicle insurance, homeowners, life, health, pet, disability, and small-business policies.

A city with an international airport and an attraction-rich downtown, Peoria provides good opportunities for rideshare drivers. State Farm’s rideshare insurance allows drivers to get the same insurance protection while they’re driving in the app as when they’re not. This coverage typically only adds 15% to 20% to your regular premium.

Pros
  • AM Best financial strength rating of A++ (Superior)

  • Customizable coverage options

Cons
  • Gap insurance not available

  • Fewer discounts than some competitors

Read our State Farm review
Wanda Carole - April 22, 2024
Verified

Excellent

Check out other companies and their rates before making a decision.

Perry - April 22, 2024
Verified

Pricing

Be careful of the price quoted. It can change.

Sandra - April 21, 2024
Verified

Fair

They are the cheapest car insurance around.

Best insurer for low-mileage drivers: Mile Auto

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
3.4
A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
NR
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$47/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$66/mo

Mile Auto bases your rate on the number of miles you drive. If you have coverage from the company, you’ll need to send a photo of your odometer each month, and Mile Auto will charge you a base rate plus a per-mile rate.

Pay-per-mile insurance makes sense for Peoria drivers, where most places are within 15 or 20 minutes. Mile Auto claims low-mileage drivers can save up to 40% on coverage compared to a standard car insurance policy.

Pros
  • No telematics device needed

  • Savings for low-mileage drivers

Cons
  • Limited coverage options

  • No advertised discounts or bundling opportunities

How to get the cheapest car insurance in Peoria

Auto insurance companies consider many factors when determining your insurance rates.[4] The amount of coverage you’re purchasing, your driving history, how much you drive and where, the type of car you drive, and where you keep your car can all influence how much you pay for auto coverage. Your credit history, age, and gender also play a role.

Finding the best car insurance rates is easier when you take a proactive approach. Check out the following tips for earning lower premiums:

  • Compare rates. Compare rates from a few different insurers to make sure you’re getting the best rate for the coverage you need.

  • Clean up your credit. Bringing past-due accounts current and paying down balances could help you qualify for a lower rate.

  • Safeguard your car. Peoria is the eighth-largest city in Illinois, but it has more auto thefts than any city in the state except for Chicago, according to data from the FBI.[5] Moving your car from the street to a driveway or garage and installing an anti-theft device could reduce your insurance rate.

Find Cheap Car Insurance in Peoria, Illinois

Liability-only coverage starts at $28 per month

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Cheapest liability-only car insurance in Peoria: Auto-Owners

When you cause a car accident, liability insurance covers the medical expenses and property damages of the other driver and their passengers. With an average monthly rate of $77, Peoria’s liability-only car insurance costs are lower than the state average of $131 per month.

Auto-Owners is the cheapest insurer for liability-only car insurance in Peoria, with an average cost of $28 per month.

You can see how Auto-Owners compares to other low-cost auto insurers in the following table:

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyAverage Monthly Quote
Auto-Owners28
State Farm30
GEICO40
Hugo40
COUNTRY Financial42
Erie46
Mile Auto47
USAA50
American Family54
Safeco57
Mercury59
Clearcover63
Nationwide63
Travelers67
Farmers72
Direct Auto73
Allstate75
Midvale Home & Auto81
State Auto81
GAINSCO85
Elephant88
Dairyland90
The General93
Liberty Mutual95
Bristol West104
Foremost134
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest full-coverage car insurance in Peoria: Auto-Owners

Full-coverage car insurance includes liability coverage as well as collision and comprehensive coverage, which extends coverage to your own losses.

Collision coverage is for accidents involving another vehicle or a stationary object, such as a fence or telephone pole. Comprehensive insurance covers non-collision mishaps such as fire, theft, vandalism, a tree falling on your car, and windshield damage. It also covers you when you hit a deer or other animal (or if it runs into you).

On average, Peoria drivers pay $176 per month for full-coverage car insurance. Compare quotes from the cheapest car insurance companies for full coverage in Peoria below.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyAverage Monthly Quote
Auto-Owners47
State Farm50
Mile Auto66
GEICO67
COUNTRY Financial70
Erie77
Hugo79
USAA82
American Family88
Mercury97
Clearcover102
Safeco105
Travelers105
Nationwide108
Farmers119
Allstate125
Midvale Home & Auto132
Direct Auto144
Liberty Mutual151
State Auto157
Elephant158
GAINSCO187
Dairyland238
The General244
Bristol West250
Foremost305
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

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Car insurance requirements in Illinois

Illinois is an at-fault state, which means the driver who caused the accident must cover the other driver’s injuries and property damage.

Motor vehicles registered and driven in Illinois must carry liability insurance for bodily injury and property damage. All liability policies include uninsured motorist coverage, which protects you if you have an accident with an uninsured driver.

Here are the minimum liability requirements for Illinois drivers:

CoverageMinimum Requirements
Bodily injury liability$25,000 per person / $50,000 per accident
Property damage liability$20,000 per accident
Uninsured motorist bodily injury$25,000 per person / $50,000 per accident

The following coverages are optional, but you should consider purchasing them to more fully protect your vehicle and finances:

  • illustration card https://a.storyblok.com/f/162273/x/169fdfde11/liability-coverage.svg

    Collision coverage

    Collision coverage pays for your damages if you have an accident, even if you caused it.

  • illustration card https://a.storyblok.com/f/162273/x/665da91bf7/comprehensive-coverage.svg

    Comprehensive coverage

    Comprehensive coverage pays for vehicle repairs or replacement following damage from non-collision events, like severe weather, fire, or theft.

  • illustration card https://a.storyblok.com/f/162273/x/4c9753bdbe/medical-payments.svg

    Medical payments coverage

    Medical payments coverage can pay for medical expenses you or your passengers incur in a crash, up to a certain limit.

  • illustration card https://a.storyblok.com/f/162273/x/5285c4cd74/uninsured-or-underinsured-motorist-coverage.svg

    Uninsured property damage coverage

    If you have an accident with an uninsured driver, this can cover your personal property damages.

Illinois Automobile Insurance Plan

illustration card https://a.storyblok.com/f/162273/150x150/e6724dbabb/states_illinois.svg

ILAIP

If you need auto insurance coverage but can’t find an insurance company to insure you, the Office of the Illinois Secretary of State recommends that you ask your insurance agent about the Illinois Automobile Insurance Plan (ILAIP). High-risk drivers who can’t find coverage elsewhere can find suitable coverage from this option.

Cheapest car insurance for drivers with an incident

An incident refers to any moving violation your insurer can see on your driving record or that prompts you to file an insurance claim. As a result of the report or claim, your insurer might increase your rates to adjust for the higher amount of risk you pose.

Common incidents include at-fault accidents, speeding tickets, and driving under the influence. The average cost of car insurance in Peoria for a driver with an incident on their record is $177 per month.

Shop for Car Insurance in Peoria, IL

Monthly rates for drivers with an incident start at $36

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Cheapest car insurance for drivers with a speeding ticket: Auto-Owners

Speeding tickets can result in increased car insurance premiums because violations on your driving record make you a riskier driver to insure. However, your rate is unlikely to change until your policy is up for renewal, which gives you time to shop around. How much more you’ll pay will depend on other violations on your record and the severity of the offense.

On average, Peoria drivers with a speeding ticket on their record pay $185 per month for car insurance.

The following table illustrates how a speeding ticket can affect your insurance rate in the city.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyClean Driving RecordWith Speeding Ticket
Auto-Owners2838
State Farm3039
GEICO4052
Hugo4058
COUNTRY Financial4256
Erie4666
Mile Auto4768
USAA5065
American Family5472
Safeco5781
Mercury5989
Clearcover6389
Nationwide6383
Travelers6789
Farmers7294
Direct Auto7398
Allstate7598
GAINSCO85108
Elephant88116
Dairyland90121
The General93126
Liberty Mutual95133
Bristol West104138
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with an at-fault accident: Auto-Owners

Though you might not face a penalty for filing a single claim for an accident caused by another driver, filing one for an accident you caused will likely increase your rate for the next few years.[6] How much it increases varies by insurance company, and it may also depend on the circumstances of the accident and your driving history prior to the accident.

Drivers in Peoria with a past at-fault accident pay $192 per month for car insurance, on average. Compare quotes from some of the cheapest insurers in the city below.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyClean Driving RecordWith Accident
Auto-Owners2839
State Farm3041
GEICO4055
Hugo4055
COUNTRY Financial4260
Erie4668
Mile Auto4772
USAA5069
American Family5475
Safeco5786
Mercury5993
Clearcover63103
Nationwide6388
Travelers6794
Farmers7299
Direct Auto73104
Allstate75103
GAINSCO85115
Elephant88123
Dairyland90127
The General93133
Liberty Mutual95140
Bristol West104144
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with a DUI: Auto-Owners

Due to the severity of the offense, a DUI results in a number of penalties. Illinois allows auto insurers to cancel policies when a driver has driven while intoxicated within the past 36 months.[7] Whether your insurer offers you coverage afterward or if you need to switch companies, you’ll pay a much higher rate with a DUI conviction on your record.

The average cost of car insurance for a Peoria driver with a past DUI is $218 per month. Insurance increases after a DUI vary by insurer, but as you can see from the insurers below, you’ll typically pay significantly more.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyClean Driving RecordWith DUI
Auto-Owners2846
State Farm3049
GEICO4066
Hugo4061
COUNTRY Financial4269
Erie4669
Mile Auto4780
USAA5082
American Family5488
Safeco5793
Mercury5999
Clearcover63103
Nationwide63103
Travelers67110
Farmers72118
Direct Auto73120
Allstate75123
GAINSCO85139
Elephant88144
Dairyland90147
The General93152
Liberty Mutual95156
Bristol West104170
Foremost134220
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for seniors: Auto-Owners

Your age influences how much you pay for car insurance. Drivers older than 35 and younger than 70 pay the lowest average rates for car insurance, benefitting from years of driving experience. However, drivers 70 and older have a higher risk of serious injury or death in an accident.[8] By age 70, many insurers may increase rates to reflect that risk.

Senior drivers in Peoria pay an average of $87 per month for car insurance. The following table shows the cheapest average quotes for senior drivers from top insurers in Peoria.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyLiability OnlyFull Coverage
Auto-Owners2034
State Farm2135
GEICO2949
COUNTRY Financial3152
Erie3254
Mile Auto3346
USAA3760
American Family3963
Nationwide4374
Mercury4473
Safeco4583
Travelers4876
Direct Auto52102
Farmers5286
Clearcover5488
Allstate5693
Elephant64114
GAINSCO64142
Dairyland67177
The General70184
Liberty Mutual72114
Bristol West77185
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for teens: Auto-Owners

Teen drivers have an accident rate that’s four times higher than that of drivers age 20 or older, according to the Insurance Institute for Highway Safety (IIHS).[9] Due to this and a lack of driving experience, teenagers pay much higher car insurance rates than older drivers.

The Insurance Information Institute offers the following tips for young drivers to save money on coverage:[10]

  • Compare quotes.

  • Take a driver’s education course.

  • Maintain a “B” average to earn good student discounts.

  • Leave the car at home if attending a college or university 100 miles or more away from home.

  • Only drive the family’s least-valuable car.

  • Select a higher deductible.

The average cost of car insurance for teen drivers in Peoria is $220 per month. As you can see in the table below, rates vary from one insurance company to the next.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyLiability OnlyFull Coverage
Auto-Owners4678
State Farm5185
COUNTRY Financial5998
GEICO63105
Hugo72142
USAA82135
Erie83140
Mile Auto90126
American Family91149
Safeco101186
Nationwide107184
Mercury108177
Clearcover112181
Travelers120188
Farmers125206
Allstate131218
Direct Auto132261
Dairyland145384
Elephant145260
The General148388
GAINSCO151333
Liberty Mutual159253
Bristol West172413
Foremost238541
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

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Peoria car insurance quotes by credit tier

Your credit history is a good predictor of whether you’re likely to file an insurance claim. Illinois allows auto insurers to consider your credit when calculating insurance rates. Drivers with excellent or good credit scores pay less than drivers with poor credit scores.

If you have poor or average credit, you can start improving your credit score in just a few days and see real progress within a month or two by catching up on overdue accounts and paying down debt.

Here are the average car insurance rates for Peoria drivers by credit tier.

Rates by Credit Tier

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Is car insurance more expensive in Peoria?

Peoria drivers pay $126 per month for car insurance, which is close to the overall state average but much less than the Chicago average of $155.

It’s unsurprising that Peoria drivers typically pay less for coverage than Chicago residents, due to the size and population density of Chicago. Peoria drivers likely benefit from lower premiums due to the lower rates of traffic congestion and motor vehicle theft that often come with a suburban area.

More cities in Illinois

Car insurance premiums vary by city and even ZIP code, depending on factors like crime rates, population, cost of living, and more. Below, you can see what drivers in other Illinois cities pay for car insurance.

CityAverage Quote: Liability OnlyAverage Quote: Full Coverage
Aurora$77$178
Berwyn$78$180
Cicero$83$216
Chicago$92$219
Decatur$71$146
Elgin$79$156
Joliet$76$165
Naperville$73$163
Rockford$72$153
Springfield$78$173
Waukegan$74$151
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Peoria car insurance FAQs

Before you start shopping around for car insurance, you should determine how much coverage you need. The information below should help you navigate the process of finding cheap car insurance in Peoria.

  • How much is car insurance in Peoria?

    The average monthly cost of car insurance in Peoria is $126. Drivers pay $77 per month for liability coverage and $176 for full-coverage insurance, on average. Your specific premium will depend on your driving record, credit history, age, and more.

  • Which company has the cheapest car insurance in Peoria?

    The best way to find cheap car insurance is to compare quotes from multiple insurers at once. The cheapest car insurance company in Peoria is Auto-Owners, with an average rate of $28 per month for liability insurance.

  • What are the best car insurance companies in Peoria?

    With an A++ (Superior) financial strength rating from AM Best, an Insurify Quality (IQ) score of 4.4 out of 5, and cheap average rates, State Farm is the best car insurance company in Peoria. Other top insurers include Auto-Owners and Mile Auto.

  • What is the Illinois minimum car insurance?

    Illinois drivers must carry a minimum of $25,000 per person and $50,000 per accident in bodily injury liability, $25,000 per accident in property damage liability, and $25,000 per person and $50,000 per accident in uninsured motorist bodily injury coverage.

  • How much is insurance a month in Illinois?

    On average, Illinois drivers pay $131 per month for car insurance. The average cost of liability coverage is $79 per month, and full-coverage insurance costs $183.

Methodology

Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.

Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).

Liability-only premium averages correspond to policies with the following coverage limits:

  • Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
  • Property damage limits between $10,000 and $50,000
  • No additional coverage
Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:
  • Comprehensive coverage with a $1,000 deductible
  • Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

Sources

  1. Insurance Information Institute. "Infographic: What determines the cost of my auto insurance?."
  2. NOLO. "Illinois Car Accident Laws."
  3. Office of the Illinois Secretary of State. "Mandatory Vehicle Insurance."
  4. Insurance Information Institute. "What determines the price of an auto insurance policy?."
  5. Federal Bureau of Investigation. "Illinois: Offenses Known to Law Enforcement."
  6. Insurance Information Institute. "Do auto insurance premiums go up after a claim?."
  7. Illinois Department of Insurance. "If Your Auto Insurance Policy Is Canceled."
  8. Centers for Disease Control and Prevention. "Older Adult Drivers."
  9. Insurance Institute for Highway Safety. "Teenagers."
  10. Insurance Information Institute. "Auto insurance for teen drivers."
Daria Kelly Uhlig
Daria Kelly Uhlig

Daria Uhlig is a freelance writer and editor with over a decade of experience creating personal finance content. Her work appears on USA Today, Nasdaq, MSN, Yahoo Finance, Fox Business, GOBankingRates and AOL. As a licensed Realtor and resort property manager, she specializes in real estate topics, including landlord, homeowners and renters insurance. In her spare time, Daria can be found photographing people and places on Maryland's Eastern Shore. Connect with her on LinkedIn.

Katie Powers
Edited byKatie PowersAuto and Life Insurance Editor
Photo of an Insurify author
Katie PowersAuto and Life Insurance Editor
  • Licensed auto and home insurance agent

  • 3+ years experience in insurance and personal finance editing

Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.

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