Where the Illinois Auto Market Stands
Illinois auto insurance rates climbed significantly from 2020 through 2024, mirroring national trends driven by used vehicle price inflation, rising repair parts and labor costs, and elevated bodily injury claim severity. The state ranks among the higher-cost markets in the Midwest, with urban ZIP codes in and around Chicago carrying the steepest premiums due to traffic density and theft exposure.
The carrier moves below reflect direct bulletins and territory-manager communications from our agency, plus publicly available filing data from the Illinois Department of Insurance. Use them for context, not as a quote — your driving record, vehicle, and ZIP code drive your individual rate.
| Carrier | Direction | Magnitude | Effective (NB / Ren) | Source |
|---|---|---|---|---|
| State Farm | Cut: Cut | ~-15% combined (two rounds) | NB: Dec 1, 2024 | State Farm press release + WCIA reporting; SERFF SFMA-134294868, SFMA-134834359 |
| Clearcover | Cut: Cut | — | NB: Nov 1, 2024 Ren: Dec 31, 2024 | Carrier bulletin + SERFF CLEA-134265131 |
| Allstate | Raise: Raise | +11–12% avg (per Crain's Chicago Business) | — | Crain's Chicago Business + S&P Global; SERFF ALSE-134172010, ALSE-134066226 |
| Nationwide | Flat: Flat | 0.0% | NB: Sep 8, 2025 Ren: Nov 12, 2025 | SERFF NWPP-134551229 — Explanatory Memorandum confirms 0.0% overall rate level change for NWAG and NGI |
| Branch | Cut: Cut | -15.0% | NB: Dec 10, 2025 Ren: Jan 19, 2026 | SERFF BRFI-134759959 — Filing Memorandum confirms -15.0% overall rate level impact |
| Travelers | Flat: Flat | — | — | SERFF — no Rate filings for Quantum Auto 1.0 in IL since Jan 2024 (NAIC 27998) |
| Progressive | Cut: Cut | -3% to -8% avg (varies by entity; most recent IL 202601 eff 01/30/2026) | NB: Jan 30, 2026 Ren: Feb 27, 2026 | SERFF PRGS-134397366 (IL 202502), PRGS-134785395 (IL 202601) |
- State FarmDirectionCut: CutMagnitude ~-15% combined (two rounds)EffectiveNB: Dec 1, 2024Source State Farm press release + WCIA reporting; SERFF SFMA-134294868, SFMA-134834359
- ClearcoverDirectionCut: CutMagnitude —EffectiveNB: Nov 1, 2024Ren: Dec 31, 2024Source Carrier bulletin + SERFF CLEA-134265131
- AllstateDirectionRaise: RaiseMagnitude +11–12% avg (per Crain's Chicago Business)Effective—Source Crain's Chicago Business + S&P Global; SERFF ALSE-134172010, ALSE-134066226
- NationwideDirectionFlat: FlatMagnitude 0.0%EffectiveNB: Sep 8, 2025Ren: Nov 12, 2025Source SERFF NWPP-134551229 — Explanatory Memorandum confirms 0.0% overall rate level change for NWAG and NGI
- BranchDirectionCut: CutMagnitude -15.0%EffectiveNB: Dec 10, 2025Ren: Jan 19, 2026Source SERFF BRFI-134759959 — Filing Memorandum confirms -15.0% overall rate level impact
- TravelersDirectionFlat: FlatMagnitude —Effective—Source SERFF — no Rate filings for Quantum Auto 1.0 in IL since Jan 2024 (NAIC 27998)
- ProgressiveDirectionCut: CutMagnitude -3% to -8% avg (varies by entity; most recent IL 202601 eff 01/30/2026)EffectiveNB: Jan 30, 2026Ren: Feb 27, 2026Source SERFF PRGS-134397366 (IL 202502), PRGS-134785395 (IL 202601)
Why Rates Are Moving
Illinois auto insurance followed the same cycle seen nationwide: carriers raised rates aggressively from 2021 through 2023 to recover from pandemic-era loss cost surges, and the market is now beginning to split — carriers that restored profitability first are cutting; others are still absorbing losses.
State Farm, the largest auto insurer in Illinois, cut rates in two rounds. The first reduction — approximately 9.6% on average — took effect in late 2024, followed by a second cut of approximately 5.7%, effective July 18, 2025 for new and renewal business. Combined, State Farm Illinois customers saw roughly 15% in rate reductions, according to State Farm's newsroom and reporting by WCIA. State Farm attributed the reductions to its strong underwriting performance and declining auto repair cost trends in 2025. SERFF filings SFMA-134294868 and SFMA-134834359 correspond to these revisions in the Illinois-included multi-state filing.
Clearcover moved earlier — its Private Passenger Auto rate decrease was effective November 1, 2024 for new business and December 31, 2024 for renewals, per SERFF filing CLEA-134265131 and a carrier bulletin distributed to appointed agents.
Not every carrier is cutting. Allstate raised Illinois auto rates by approximately 11–12% on average through 2024, according to reporting by Crain's Chicago Business and S&P Global Market Intelligence. Multiple SERFF filings (ALSE-134172010, ALSE-134066226, and others) reflect ongoing rate activity from Allstate's Illinois entities. Progressive has also been cutting in Illinois across multiple quarterly filings. SERFF filing PRGS-134397366 (IL 202502) shows decreases of -2.9% for Progressive Direct and Universal and -4.0% for Progressive Northern, effective February 28, 2025 for new business. The most recent filing on record, PRGS-134785395 (IL 202601), shows further cuts of -3.2% for Progressive Direct and Universal and -7.9% for Progressive Northern, effective January 30, 2026 for new business and February 27, 2026 for renewals. Progressive had been raising rates in Illinois through 2024, but these SERFF filings confirm the carrier began cutting in early 2025 and accelerated those cuts into 2026.
