Cheapest Car Insurance Quotes in Mount Prospect

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Mount Prospect Car Insurance

^$ 27

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Mount Prospect

The car insurance rate in Mount Prospect is $939 for a six-month policy, which is $70 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $482, making it a popular choice for budget-conscious drivers. Rates in Mount Prospect can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Mount Prospect

$939

Avg. Car Insurance in Illinois

$869

National Average

$1140

Cheapest Car Insurance Companies in Mount Prospect

1st place: AutoOwners Insurance Co

At $482 for a six month policy, AutoOwners Insurance Co offers the cheapest auto insurance rates in the city.

2nd place: Westfield

Westfield offers auto insurance rates at $545 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Country Financial

Country Financial offers auto insurance rates at $571 for six months, making it the third cheapest auto insurance company in Mount Prospect.

Mount Prospect Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Mount Prospect, IL is AutoOwners Insurance Co, offering policies at just $482 for a six-month term. This is followed by Westfield, which has an average six-month premium of $545.

At the higher end of the spectrum, Hastings Mutual is the most expensive, with rates reaching $873 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Mount Prospect drivers find the best deals.

Cheap Car Insurance Companies in Mount Prospect, IL

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$482	$82
Westfield	$545	$91
Country Financial	$571	$96
Travelers	$680	$114
American Family	$789	$133
Erie	$827	$138
USAA	$975	$164
State Farm	$982	$165
Progressive	$1078	$181
Auto-Owners	$1135	$189
Allstate	$1630	$274
Farmers	$1630	$274
Hanover	$1014	$168
Mercury	$866	$145
Hastings Mutual	$873	$148

Key Takeaways

Way's key takeaways about car insurance in Mount Prospect

The auto insurance costs in Mount Prospect fall around $482 for six months.
The cheapest auto insurance company in Mount Prospect is Mercury.
Teen drivers pay the highest rate in Mount Prospect at $63 per month.

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Cheapest Minimum Liability Car Insurance in Mount Prospect

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Mount Prospect are given below.

Mercury provides the cheapest minimum car insurance coverage in Mount Prospect. Their Average 6 Month Premium is $161. First Chicago is the most expensive at $212 for the same period.

Cheapest Liability Coverage in Mount Prospect, IL

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mercury	$161	$27
Westfield	$173	$29
Auto-Owners Insurance Co	$205	$35
Country Financial	$218	$37
Erie	$269	$45
Auto-Owners	$295	$50
Travelers	$295	$50
American Family	$340	$57
State Farm	$340	$57
USAA	$360	$60
Progressive	$417	$70
Allstate	$654	$110
Farmers	$802	$136
Hanover	$192	$32
AAA	$275	$46
First Chicago	$212	$36

Cheapest Full Coverage Car Insurance in Mount Prospect

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Mount Prospect is AutoOwners Insurance Co at $82 per month and $482 for six months.

Cheapest Full Coverage Car Insurance Quotes in Mount Prospect, IL

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$482	$82
Westfield	$545	$91
Country Financial	$571	$96
Travelers	$680	$114
American Family	$789	$133
Erie	$827	$138
USAA	$975	$164
State Farm	$982	$165
Progressive	$1078	$181
Auto-Owners	$1135	$189
Allstate	$1630	$274
Farmers	$1630	$274
Hanover	$1014	$168
Mercury	$866	$145
Hastings Mutual	$873	$148

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Average Car Insurance in Mount Prospect by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Mount Prospect, IL increasing?

Despite maintaining a clean driving record, your car insurance rates in Mount Prospect, Illinois, may be increasing due to several external factors. Illinois has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Mount Prospect's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Mount Prospect

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
20s	Auto-Owners	$764
30s	Auto-Owners	$528
40s	Auto-Owners	$518
50s	Auto-Owners	$489
60s	Auto-Owners	$514
70s	Auto-Owners	$652

Cheapest Car Insurance Rates for Teen Drivers in Mount Prospect,IL

If you are planning to get a car insurance policy for your teenage dependent, Westfield provides the cheapest car insurance in the Mount Prospect at $35 per month. At $366 for a six-month premium, AAA offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$205	$35
Mercury	$238	$40
Auto-Owners Insurance Co	$257	$43
Country Financial	$873	$147
Erie	$1071	$180
Travelers	$1135	$191
USAA	$1976	$333
American Family	$2367	$399
State Farm	$3406	$573
Progressive	$3413	$575
Allstate	$3965	$667
Farmers	$4035	$679
AAA	$366	$63

Teen Car Insurance Rates in IL by Age

Way Tip

If you are in your twenties AutoOwners is the best choice for car insurance in Mount Prospect.

As young drivers face the highest rates in Mount Prospect, AutoOwners offers the cheapest auto insurance rates at $764 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Mount Prospect, Mercury is the cheapest car insurance provider. At $244 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Mount Prospect is State Farm, offering rates of around $3356 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mercury	$244	$41
Westfield	$321	$55
Hanover	$430	$71
Country Financial	$642	$108
Travelers	$712	$120
Progressive	$1020	$172
American Family	$1251	$211
USAA	$1661	$283
Allstate	$2727	$455
Farmers	$3137	$534
State Farm	$3356	$559

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Car Insurance Rates with An Accident in Mount Prospect

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Mount Prospect, IL, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Mount Prospect

The cheapest car insurance companies after an at-fault accident in Mount Prospect include AutoOwners Insurance Co and Westfield, offering $269 and $275, respectively. Hastings Mutual is an expensive provider with an average six-month premium of $321.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$269	$45
Westfield	$275	$46
Mercury	$353	$58
Travelers	$616	$104
Erie	$622	$105
Country Financial	$629	$106
State Farm	$930	$157
USAA	$956	$161
American Family	$1071	$180
Progressive	$1547	$260
Farmers	$1706	$287
Allstate	$2830	$476
AAA	$456	$78
First Chicago	$295	$50
Hastings Mutual	$321	$55

Mount Prospect Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Mount Prospect IL. For example, the car insurance in Mount Prospect after a DUI increases to $886 for a six month policy. While the rate increases by $238 for a six-month policy in the case of a speeding ticket.

Mount Prospect auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1058	$176
One Med/PIP claim	$1065	$181
Not-at-fault accident	$1123	$187
One comp claim	$1148	$195
Two Med/PIP claims	$1148	$191
Failure to wear a seat belt	$1231	$210
Driving without lights	$1244	$207
Child safety restraint	$1251	$213
Two comp claims	$1251	$208
Failure to show documents	$1270	$216
Speeding 6 - 10 MPH over limit	$1296	$216
Driving with expired registration	$1302	$221
Speeding 11 - 15 MPH over limit	$1328	$221
Driving too slowly	$1335	$227
Failure to yield	$1335	$222
Illegal turn	$1335	$227
At-fault accident - less than $1000	$1347	$225
Failure to stop at a red light	$1347	$229
Following too closely	$1347	$225
Speeding 16 - 20 MPH over limit	$1353	$230
Speeding in school zone	$1353	$226
Improper passing	$1360	$231
Wrong way/wrong lane	$1360	$227
Cell phone violation	$1386	$235
Texting while driving	$1386	$231
Passing school bus	$1399	$238
In 65 MPH zone	$1405	$234
Speeding 21 - 25 MPH over limit	$1418	$241
Operating a vehicle without permission	$1444	$241
At-fault accident - $1000-$2000	$1534	$260
At-fault accident - greater than $2000	$1558	$260
Open container	$1610	$274
Reckless driving	$1867	$311
Racing	$1886	$321
Driving with a suspended license	$1925	$321
Refusal to submit to a chemical test	$1938	$329
DUI	$1944	$324
Leaving scene of an accident/hit and run	$1963	$334

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Mount Prospect after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Mount Prospect.

The cheapest car insurance premiums in Mount Prospect are offered by Mercury at $244 for a six-month policy. However, it can be as expensive as $2752 with companies like Farmers.

Mount Prospect car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mercury	$244	$41
Travelers	$654	$110
Erie	$757	$127
Progressive	$789	$133
Country Financial	$995	$167
American Family	$1213	$204
State Farm	$1315	$221
USAA	$1540	$259
Allstate	$2418	$407
Farmers	$2752	$468

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Mount Prospect are offered by Westfield at $205. However, it can be as expensive as $5043 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Mount Prospect after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$205	$35
Auto-Owners Insurance Co	$231	$39
Mercury	$251	$42
Erie	$269	$45
Hanover	$308	$52
Country Financial	$648	$109
USAA	$840	$140
State Farm	$1148	$195
Travelers	$1302	$217
Progressive	$1347	$229
American Family	$1495	$252
Allstate	$4285	$729
Farmers	$5043	$840

Car Insurance Price Trends in Mount Prospect, Illinois

Car insurance rates in Mount Prospect have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Mount Prospect rose by $208 in December compared to $206 of November. In other words, there has been an increase by $2 when you compare December and November.

The average cost of liability insurance in the Mount Prospect rose to $57 in December, compared to $55 in November. This represents an increase of $2 when comparing December and November.

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Frequently Asked Questions

How much is car insurance in Mount Prospect?

The car insurance in Mount Prospect is $27 per month, which is lower than the national average.

What is the cheapest car insurance in Mount Prospect?

The cheapest car insurance in Mount Prospect is $82 per month for full coverage.

How much is car insurance in Mount Prospect for teenagers?

Car insurance for teenagers costs $205 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Mount Prospect?

The average cost of car insurance is $869 for a six-month policy. It will cost around $157 per month to insure your car in Mount Prospect.

Is car insurance expensive in Mount Prospect?

Car insurance can be expensive in Mount Prospect if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Mount Prospect can be affordable.

Cheapest Car Insurance Quotes in Mount Prospect

Why you can trust Way?

How Much Is Car Insurance in Mount Prospect

Avg. Car Insurance in Mount Prospect

Avg. Car Insurance in Illinois

National Average

Cheapest Car Insurance Companies in Mount Prospect

1st place: AutoOwners Insurance Co

2nd place: Westfield

3rd place: Country Financial

Mount Prospect Car Insurance Rates by Company

Cheap Car Insurance Companies in Mount Prospect, IL

Way's key takeaways about car insurance in Mount Prospect

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Mount Prospect

Cheapest Liability Coverage in Mount Prospect, IL

Cheapest Full Coverage Car Insurance in Mount Prospect

Cheapest Full Coverage Car Insurance Quotes in Mount Prospect, IL

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Mount Prospect by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Mount Prospect, IL increasing?

Car Insurance Premiums by Age in Mount Prospect

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Mount Prospect,IL

If you are in your twenties AutoOwners is the best choice for car insurance in Mount Prospect.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Mount Prospect

Cheapest Car Insurance Companies after an At-Fault Accident in Mount Prospect

Mount Prospect Car Insurance Rates by Violation

Mount Prospect auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Mount Prospect after a DUI

Mount Prospect car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Mount Prospect after Speeding ticket

Car Insurance Price Trends in Mount Prospect, Illinois

Average Car Insurance Cost in Mount Prospect by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Mount Prospect, IL

Car Insurance Rates by State in the USA (2025 Update)

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