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Get Cheap Car Insurance in Near South Side, Chicago, IL

We monitor insurance prices, helping the average driver in Near South Side save up to 28.8% on car insurance.

 

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The Cheapest Minimum Coverage in Near South Side

The chart below shows the cheapest car insurance company in Near South Side for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through State Farm, followed by Country Financial, Metromile, and American Family Insurance.

 
Near South Side Insurer Monthly Cost
State Farm $61
Country Financial $67
Metromile $73
American Family Insurance $78

Savings for Every Kind of Near South Side Driver

The table shows how much the average auto insurance customer in Near South Side might save by following our recommendations.

Based on our extensive insurance data, we know the average Near South Side driver will save about 23% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $427 per year by choosing the right vehicle insurance company. Some Near South Side residents are paying out over $1,826 extra every year for auto insurance in Near South Side. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Near South Side, Chicago, IL Savings / Yr.
Drivers with good records
$427
Drivers with accidents
$802
Drivers with speeding tickets
$642
Drivers with a DUI conviction
$673
Young drivers
$1,658
Married drivers
$477
Drivers with bad credit
$613

Near South Side Car Insurance vs. Chicago

People living in Near South Side pay an average of 20.83% more than the typical driver in the state. The average driver in Near South Side can expect to pay about $1,084 per year, or $1,826 for full coverage.

Based on our analysis, Lighthouse will be the cheapest provider in Near South Side for most people.

Car Insurance Prices by Near South Side Neighborhood

Near South Side, Chicago, IL map of insurance costs by zip code and neighborhood

Insurance Prices

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Average
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Where is insurance cheapest within Near South Side?

The map shows insurance prices in and around Near South Side, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $436 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,143 to a low of $1,707. Insurance prices tend to be higher for those living in the West area, and lower for those with homes in the Central parts of Near South Side.

Pick the Best Car Insurance Company for You in Near South Side

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Near South Side insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Near South Side

For drivers with clean driving records and no major strikes, Lighthouse is the best option, with annual savings of $427 over the average Near South Side car insurance company.

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We use the average good driver, paying $117 per month, as our baseline for pricing in Near South Side. State Farm, Lighthouse, and Safeco Insurance are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Near South Side drivers with accidents on their records

In Near South Side getting into an accident will raise premiums an average 34% for a yearly cost of $2,783. That's $957 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Country Financial, and Metromile are good choices for drivers with accidents.

In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $802 over the competition.

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The best car insurance company for Near South Side drivers with speeding tickets

>State Farm gave the average person with a speeding ticket the most savings, averaging $642 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Near South Side, tickets raise premiums on new quotes about $661. If you have a speeding ticket, we recommend State Farm, Geico, and Country Financial for savings that beat the average insurance cost of $2,487 per year.

The best auto insurance for Near South Side drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,755 per year in auto insurance premiums, which was $929 more than a driver with no major issues. State Farm, Kemper, and Country Financial penalized their customers the least for a DUI.

Getting a quote from State Farm may cost the average person with a DUI about $673 less each year.

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The least expensive car insurance company for new and young drivers in Near South Side

In Near South Side, State Farm costs young drivers $1,658 less each year versus the average auto insurance bill.

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Teen drivers account for more than their share of accidents, and thus end up paying about 68% more for insurance than more mature drivers in Near South Side. With an average cost of $5,758 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Geico, and Country Financial try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Near South Side

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $158. State Farm, Travelers, and Country Financial provided the largest discounts to couples living in Near South Side.

State Farm gave the largest car insurance discounts to married couples, averaging $477 saved each year compared to an average Near South Side couple's premiums.

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The cheapest car insurance in Near South Side for drivers with bad credit

People with poor credit saved an average of $613 with Country Financial.

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Many people are surprised that their poor credit score can cost them an average of $1,142 every year. Premiums for people with poor credit were about $2,968 in Near South Side. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from State Farm, Nationwide, and Country Financial.

The best Near South Side car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Near South Side, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks Erie Insurance as the best provider in Near South Side.

Nationwide was the best company for customer service in Near South Side according to the NAIC.

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Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Near South Side, which was better than other insurers.

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During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Near South Side. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Near South Side

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 43% of Near South Side residents who are renting, and don't plan to be in the neighborhood or city for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, State Farm tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Near South Side driver can expect to pay about $98 per month.

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What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Near South Side, USAA has the best prices for drivers with a DUI conviction, good drivers, married couples, young drivers, drivers with bad credit, drivers with accidents, and drivers with speeding tickets.
Get USAA (An excellent choice if you qualify)

Auto Insurance Prices in and Around Near South Side

What Influences the Cost of Car Insurance in Near South Side?

On average, car insurance in Near South Side is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:

  • The average commute time in Near South Side is 35 minutes, which is far less than average for a driver in the city.
  • Illinois state insurance regulations may allow for lower prices.
  • An average of 0 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Near South Side are higher than average in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are high, with a Vehicle Theft Crime Grade of C according to CrimeGrade.org.
  • Near South Side has an average population density in the state. The neighborhood’s density could result in a price decrease for drivers.

As a result of these and other factors, the average cost of car insurance in Near South Side is $90 per month for minimum coverage and $152 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Neighborhoods

Neighborhoods with Similar Populations

* Who is the average Near South Side driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Near South Side with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.