In an effort to find out how much homeowners insurance in Illinois costs, MoneyGeek analyzed quotes from top insurers in the state. Using a program called Quadrant, MoneyGeek compared quotes by ZIP code across Illinois. The result was a breakdown of average costs for dwelling coverage, liability coverage, and personal property coverage.
Allstate
Allstate homeowners' insurance is priced differently depending on the amount of coverage you select and the location of your home. Your home's age and history of claims will impact the cost of homeowners insurance. Request a homeowners insurance quote online, or speak with a local agent. Before deciding on an Allstate policy, compare rates and coverage options with other homeowners insurance companies.
Allstate is an affordable provider of insurance. The average homeowner insurance cost is $930 per year. You can get a free estimate on your home insurance costs by visiting the company's website. The quote tool will require you to enter your zip code as well as basic information about where you live. This tool will then provide you with an estimate of how much your policy will cost each month.
Farmers
Farmers is Illinois' largest provider for home insurance. Their policies offer affordable rates and wide coverage. They also offer discounts on bundling policies, and for certain renovations like a new roof. Purchasing policies through Farmers can also be convenient because they allow you to purchase them online or over the phone. You can also compare rates and coverages with modern tools, like mobile apps.
The Illinois Farmers homeowners insurance average cost is $1592, which falls below the $2053 state average. Farmers policies also come with a number of impressive perks like a guaranteed rate rise after five years without any claims. The company also offers a decreasing deductible option, which allows policyholders lower their deductibles each calendar year without increasing rates.
All over the country
Nationwide homeowners insurance is available in a number of ways that can help you save money. You can get a discount by combining multiple policies with the same insurance company or installing protective devices such as a burglar alarm. A discount may also be available if you are a homeowner or have Nationwide coverage in the past.
Nationwide provides homeowners insurance in the entire country. However, they also offer many other insurance policies. Nationwide also offers discounts for multipolicy packages, home security systems, gated communities, and other insurance policies. These policies will protect you assets under many circumstances. You can save money by adding these policies to your annual premiums.
Farmers Connected Home
Farmers is the largest home insurer in the state, and it offers affordable prices. Farmers offers a wide range of coverage options, endorsements, and other benefits. Farmers also offers special discounts to people who have not yet filed a claim. Farmers can help you save money if your policies are combined.
Homeowners insurance rates can vary significantly from state to state. For example, homeowners insurance costs in Hawaii are less than $100 per monthly. In other states, however, the average cost of homeowner's insurance is significantly higher.
USAA
In Illinois, the average cost of homeowners insurance from USAA is less than $1,100 per annum. Although the company is well-respected, there are some complaints about the premium. Customers are generally happy with the rates, discounts and service. Compared to the competition, USAA is in the middle of the pack.
USAA's home insurance rates in Illinois are comparable to the national average. However, the cost of insurance in Chicago is considerably higher than elsewhere in the state.