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 code quotes using Quadrant. This gave us an overview of the average cost of dwelling coverage, liability coverage and personal property coverage.
Allstate
Allstate homeowners insurance costs vary depending on how much coverage you need and the location of your home. The cost will also depend on the type and age of your home and your history of claims. You can request a homeowners insurance quote online or from a local agent. Compare Allstate's rates and coverage options before you make a decision on an Allstate policy.
Allstate is an affordable insurance provider, and their homeowner insurance cost averages around $930 per year. The company's website offers an online estimate tool that can give you an estimate for how much your home and auto insurance will cost. The tool will ask for your zip code and some information about your house. 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 have a lot of perks. They include a guaranteed rate increase after five year without any 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 can be shopped in a variety ways. A combination of multiple policies from the same insurer or installation of protective devices, such as a burglar alarm, can help you get a discount. If you have Nationwide insurance, or if your home is new, you may be eligible for a discount.
Nationwide provides homeowners insurance in the entire country. However, they also offer many other insurance policies. Nationwide offers discounts on multipolicy bundles and home security systems. These policies protect assets in a range of situations. These policies can also help you save money on your annual premiums.
Farmers Connected home
Farmers is the largest home insurer in the state, and it offers affordable prices. Farmers offers an impressive range of coverage options as well as endorsements. For those who have never made a claim, Farmers offers discounts. Farmers allows you to bundle multiple policies and save on your insurance.
Insurance rates for homeowners can vary widely from one state to another. 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
In Illinois, the average cost of homeowners insurance from USAA is less than $1,100 per annum. The company has a good reputation, but some consumers complain about the premium. The rates and discounts are appreciated by most customers. USAA ranks middle in comparison to other providers.
The Illinois home insurance rates offered by USAA are comparable to the national average. Chicago insurance costs are significantly higher than in other areas of Illinois.