In an effort to find out how much homeowners insurance in Illinois costs, MoneyGeek analyzed quotes from top insurers in the state. MoneyGeek compared Illinois ZIP Codes using Quadrant. 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. The cost of Allstate homeowners insurance will depend on the age of your home, as well as your past claims. You can request a homeowners insurance quote online or from a local agent. Compare rates and coverage options from other homeowners insurance companies before you decide on Allstate.
Allstate is an affordable insurance company. Their homeowner insurance cost averages about $930 per annual. The company offers a free online estimate tool which will provide you with an estimate of how much your home-insurance will cost. The online quote tool will need your zip code along with some basic information about you home. The tool will then give you an estimate on how much your policy would cost each month.
Farmers
Farmers is Illinois' largest provider of home insurance. They offer affordable rates and a wide variety of coverage. They also offer discounts on bundling policies, and for certain renovations like a new roof. Farmers makes it easy to purchase policies online and 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. Moreover, Farmers' policies come with several impressive perks, such as a guaranteed rate increase after five years of no claims. Additionally, the company offers a declining-deductible feature that allows policyholders decrease their deductibles every single year without raising 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. If you've had Nationwide insurance before, you can get a discount.
Nationwide offers homeowners insurance all over the country. It also offers a wide range of other insurance policies. Nationwide offers discounts on multipolicy bundles and home security systems. These policies will protect your assets in many different situations. These policies will help you save money on annual premiums.
Farmers Connected to Home
Farmers is one of the largest home insurance companies in the state and offers competitive prices. Farmers offers an impressive range of coverage options as well as endorsements. The company also provides special discounts for people who have never filed a claim. Farmers offers multiple insurance policies that can be combined to save you money.
There are many factors that can affect the cost of homeowner's insurance. Rates vary from one state or another. For example, homeowners insurance costs in Hawaii are less than $100 per monthly. But, homeowners insurance in other states can be significantly more expensive.
USAA
The average USAA homeowners insurance premium in Illinois is under $1,100 a year. Although the company enjoys a great reputation, some customers complain about the high premium. However, the majority of customers are satisfied with the rates and discounts. USAA is middle of pack when it comes to competition.
USAA's home insurance rates in Illinois are comparable to the national average. Chicago insurance costs are significantly higher than in other areas of Illinois.