MoneyGeek looked at quotes from the most prominent insurers in Illinois in order to figure out how much homeowners' insurance in Illinois costs. MoneyGeek compared Illinois ZIP code quotes using Quadrant. The results showed a breakdown on the average cost of dwelling, liability, and personal coverage.
Allstate
Allstate homeowners' insurance is priced differently depending on the amount of coverage you select and the location of your home. Costs will vary depending on your home's type, age and claims history. A local agent can provide a quote or online for homeowners insurance. Compare rates and coverage options from other homeowners insurance companies before you decide on Allstate.
Allstate is an affordable insurer. Their homeowner insurance costs average around $930 per calendar year. A free online tool allows you to get an estimate of the cost of your home insurance. The online quote tool will need your zip code along with some basic information about you home. The tool will provide an estimate of the monthly cost of your policy.
Farmers
Farmers is one of the biggest providers of home insurance in Illinois, and their policies offer a wide range of coverage and reasonable rates. In addition, they offer many discounts for bundling policies and certain renovations, like a new roof. Farmers allows you to buy policies online or over the telephone, making it convenient. And with modern tools, such as mobile apps, it's easy to compare rates and coverages, too.
The average homeowners insurance cost in Illinois for Farmers is $1,592, which compares to the $2,053 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 declining deductible feature, which allows policyholders to decrease their deductibles every year without raising rates.
Nationwide
There are a variety of ways to save money on Nationwide homeowners insurance. By combining policies with the same company, or installing security devices such as burglar alarms, you can receive a discount. If you've had Nationwide insurance before, you can get a discount.
In addition to offering homeowners insurance across the country, Nationwide also offers a wide variety of other insurance policies. The company also offers discounts for multipolicy bundles, home security systems, and gated communities. These policies will protect your assets in many different situations. These policies will save you money on your annual premiums.
Farmers Connected home
Farmers is one of the largest home insurance companies in the state and offers competitive prices. Farmers also offers an excellent range of coverage options and endorsements. Customers who have never filed claims are also eligible for discounts. You can also save on your insurance if you bundle multiple policies with Farmers.
You will find that homeowner insurance rates vary significantly from one place to another. The average homeowner's insurance cost in Hawaii is $100 per month. 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. The company enjoys a good reputation but some customers are not happy with the premium. The rates and discounts are appreciated by most customers. Compared to the competition, USAA is in the middle of the pack.
The Illinois home insurance rates of USAA are comparable in price to the national standard. Chicago insurance costs are significantly higher than in other areas of Illinois.