According to the Illinois Department of Transportation, there were more than 4,500 crashes each year in Peoria. Insurance is vital to financial protection. Many people seek the best Peoria car insurance. Peoria’s average car insurance cost is $456 for minimum coverage. Full coverage costs $1,419 each year.
Although full coverage insurance in Illinois costs more than basic coverage it is still worth it for most drivers. The minimum insurance does not cover injuries or damages you cause others. Your carrier will not pay for your vehicle if it needs to be repaired or replaced. Your vehicle’s damages are covered by your full coverage.
Compare the prices of Peoria’s best and most affordable car insurance before you decide to forego more expensive Peoria car insurance because of its cost. Bankrate compared data from local carriers to compile a list of the top options.
Peoria’s best car insurance company
Peoria is home to many insurance companies. There are many options for you to choose from smaller regional companies or larger national insurance providers. Based on low premium, customer ratings, and the availability of insurance options to customize coverage, we chose four Peoria car insurance companies.
Erie
Although Erie’s rates are slightly higher than other carriers, you still get a lot of value for your money. You can get extras with full vehicle coverage that you don’t have to pay for from other carriers. Full vehicle coverage includes roadside assistance, personal item coverage up to $350, pet insurance, and locksmith service up to $75 in the event you lose or lock your keys.
Geico
Geico is the highest rated provider in terms of customer satisfaction. The J.D. The Power Study score Geico at 851 points out of 1,000 for communication, policy options and pricing, as well as the claims process. Geico claims are made as easy as possible. The carrier claims that the entire process can be completed in less than five minutes by using the mobile app. Online or by phone, you can also file a claim. Geico representatives will contact you within the hour, or the next day, if the claim was filed after 8 p.m. in order to expedite the process.
Grange
You can still get affordable coverage through Grange policies even if your driving record includes moving violations or previous accidents. The app tracks your driving habits, distances and other information. You could get a discount of up to 25% if you drive safely. Grange offers a variety of add-ons to increase your coverage. Original equipment manufacturer insurance covers you for repairs or replacements with original parts. If your windshield cracks or chips, full glass repair will cover the cost of replacement.
Pekin
Pekin is the most affordable car insurance for Peoria residents, out of all the providers we have. Pekin will offer the best rates, regardless of whether you are looking for basic or comprehensive coverage. You can get car insurance discounts such as multi-car, home, and advanced issue insurance. The Auto Guard endorsement adds additional protections to your coverage such as vehicle key replacement, tire protection, and trip interruption — all for $20 per insured vehicle.
Peoria has the lowest car insurance
Although the average premiums for car insurance in Peoria are low, they may not be the most affordable. Peoria’s car insurance rates are lower than the national and state averages. The average cost for car insurance in Illinois costs $1,485 annually, while the national average is $1,674.
If price is a major factor in your search for vehicle coverage, then take a look to the following table which lists the most affordable car insurance companies in Peoria based on market share. These rates are averages, based on Bankrate’s sample profile of drivers in the region. Your age, driving record, and vehicle may impact the price of your car insurance quote.
Geico, State Farm, and Mercury offer all the standard coverages that you would expect and at least a few optional coverages such as roadside assistance. Nationwide and Erie offer additional optional coverages. Compare rates from multiple providers to find the best car insurance rates. Online quote tools are available from most companies and take very little time. After you have gotten a few quotes, you can compare them to find the best carrier for your needs.
Insurance requirements for Peoria
Illinois requires that all vehicle owners have car insurance of 25/50/20. This is:
- Bodily injury liability coverage of $25,000 per person, $50,000 per accident
- Property damage coverage up to $20,000 per accident
Uninsured motorist (UIM), coverage that covers bodily injury liability up to the same limits, as well as coverage for underinsured drivers to cover the gap between liability and UIM are required. The minimum coverage required by the state may not be sufficient to cover an accident unless you have no other means of covering it. You could be held responsible for damages that exceed the limits. Additionally, liability coverage doesn’t cover repairs to your vehicle. You will need collision and comprehensive coverage to protect your vehicle, particularly if you lease it.
Peoria car insurance discount
Many car insurance companies offer discounts that can further reduce your auto insurance. The most sought-after discounts include:
- Safe driver: If you don’t have any tickets or accidents in the past, you could be eligible for lower premiums.
- Vehicle equipment: You may be eligible for discounts based upon safety technology like collision warning and driver assistance or standard features such as air bags.
- Driver tracking or Telematics: An app that tracks your driving habits can help you get discounts based on how you drive.
- Bundling: If you buy suto and home insurance from the same company, you often get a discount on both premiums.
Bundling coverage is a great way to save money. You will get a discount on all of your policies. If you’re able to demonstrate safety while driving, you can often save a lot on your premiums by signing up for driver tracking or usage.
Questions frequently asked
Which is the best Peoria car insurance company?
It is difficult to choose the best auto insurance company for Peoria. Pekin, Geico and Grange are the most popular carriers in the area, based on customer ratings and cost. However, you might find other carriers that suit your needs.
What is the cost of car insurance in Peoria?
Peoria’s average cost for car insurance is dependent on what level of coverage you want. Car insurance minimum coverage is $456 annually, and full coverage costs $1,419 each year.
What amount of car insurance do you need in Peoria
Illinois car owners must have liability coverage that covers bodily injury upto $50,000 per accident and $20,000 for property damage. Insurance experts recommend that you purchase higher limits and complete coverage to protect your vehicle from damage.
