MoneyGeek reviewed quotes from the best insurers in Illinois to discover how much homeowners insurance costs. MoneyGeek compared Illinois ZIP Codes using Quadrant. This gave us an overview of the average cost of dwelling coverage, liability coverage and personal property coverage.
Allstate
The price of Allstate homeowners insurance varies depending on the level of coverage you want and your home's location. Your home's age and history of claims will impact the cost of homeowners insurance. You can request a homeowners insurance quote online or from 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. 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 provide an estimate of the monthly cost of your policy.
Farmers
Farmers is the largest provider of Illinois home insurance. Their policies provide a broad range of coverage at reasonable rates. You can also get discounts on bundles and certain renovations, such as a roof replacement. Farmers allows you to buy policies online or over the telephone, making it convenient. It's also easy to compare rates, coverages, and modern tools like mobile apps.
Average homeowners insurance costs in Illinois from Farmers are $1,592, which is lower than the $2,053 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.
Nationwide
Nationwide homeowners insurance is available in a number of ways that can help you save money. A combination of policies with the same insurance company and installing protection devices such a burglar alarm can give you a discount. You may also qualify for a discount if Nationwide has insured you in the past or if you just bought a home.
Nationwide offers homeowners insurance throughout the country. They also offer a variety of insurance policies. Nationwide also offers discounts for multipolicy packages, home security systems, gated communities, and other insurance policies. These policies protect assets in a range of situations. These policies will save you money on your annual premiums.
Farmers Connected Home
Farmers is a large home insurance company in California and has affordable rates. Farmers also offers a great range of coverage options. 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.
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. The average homeowner's policy cost in other states is much 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. Regardless, most customers are happy with the rates and discounts. USAA is a middle-of-the-pack competitor.
The Illinois home insurance rates charged by USAA are comparable with the national average. However, the cost of insurance in Chicago is considerably higher than elsewhere in the state.