C-U drivers pay less than state average for auto insurance

C-U drivers pay less than state average for auto insurance

Living in Champaign or Urbana can save you money on car insurance, relative to most other Illinois cities.

That's one of the findings of ValuePenguin, a national consumer finance website, which compared car insurance rates for the 50 biggest cities in Illinois.

It probably comes as little surprise that rates in central Illinois tended to be lower than those in metropolitan Chicago.

Quincy had the lowest annual premium, $667 — nearly 20 percent below the state average of $832.

The insurance hubs of Bloomington and Normal came in second- and third-lowest, with annual premiums of $689 and $695, respectively.

They were followed by Champaign, at $706 a year, and Urbana, at $708 a year.

The most expensive Illinois cities for car insurance? Cicero and Skokie, at $1,061 and $1,022 a year, respectively. Chicago was the fifth-highest at $958.

ValuePenguin came up with those figures by getting quotes from five companies — GEICO, State Farm, California Casualty, Amica and Allstate.

The rates are for a 30-year-old single male driving a Toyota Camry that he owns. The car owner has excellent credit and is opting for minimum coverage under Illinois standards.

The vehicle owner logs between 10,000 and 15,000 miles in his vehicle, which he primarily uses to go to and from work. The driver has had no accidents in the past five years.

Some companies naturally had lower rates than others.

"Cars insured with GEICO in Urbana were only paying $39 per month or $468 a year — a full 44 percent cheaper than the state average," ValuePenguin reported.

"At the other end of the spectrum, drivers in Skokie insuring themselves with Allstate will pay roughly $143 monthly and $1,716 on an annual basis. The rate is almost four times as much as ... (that paid by) the driver in Urbana."

ValuePenguin said it is not affiliated with any insurance company.

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