In an effort to find out how much homeowners insurance in Illinois costs, MoneyGeek analyzed quotes from top insurers in the state. MoneyGeek used Quadrant to compare quotes by zip code in Illinois. The average cost of dwelling insurance, liability coverage, as well as personal property coverage was calculated.
Allstate
Allstate homeowners insurance costs vary depending on how much coverage you need and the location of your home. The type of home you have and the history of any claims will affect how much it costs. A homeowner's insurance quote can be obtained online or at a local agency. Compare Allstate rates and coverage options before deciding to purchase an Allstate policy.
Allstate is an affordable provider of insurance. The average homeowner insurance cost is $930 per year. A free online tool allows you to get an estimate of the cost of your home insurance. The tool will ask for your zip code and some information about your house. The tool will then give you an estimate on how much your policy would cost each month.
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. Bundling policies are available at a discount, as well as certain renovations (like a new roof). Farmers allows you to buy policies online or over the telephone, making it convenient. 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. The company also offers a decreasing deductible option, which allows policyholders lower their deductibles each calendar year without increasing rates.
Nationwide
Nationwide homeowners insurance is available in a number of ways that can help you save money. 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.
Nationwide offers homeowners insurance throughout the country. They also offer a variety of insurance policies. The company also offers discounts for multipolicy bundles, home security systems, and gated communities. These policies will protect your assets in a variety of circumstances. Adding these policies will also save you money on annual premiums.
Farmers Connected To Home
Farmers is the largest state-owned home insurance company and has competitive rates. Farmers also offers an excellent range of coverage options and endorsements. Farmers also offers special discounts to people who have not yet filed a claim. You can also save on your insurance if you bundle multiple policies with Farmers.
The rates for homeowner's insurance can vary greatly from one state to the next. In Hawaii, for example, the average homeowners insurance cost is less than $100 per month. 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. The company enjoys a good reputation but some customers are not happy with the premium. Customers are generally happy with the rates, discounts and service. USAA is a middle-of-the-pack competitor.
The Illinois home insurance rates offered by USAA are comparable to the national average. Chicago insurance is much more expensive than elsewhere in the state.