If you are an Illinois homeowner, you will typically pay a little less than the national average for your home insurance. Averaging $ 1,481 per year, Illinois home insurance costs about $ 100 less than the national average of $ 1,585.
NerdWallet looked at 10 different insurers in the state to determine the best home insurance in Illinois. The prices in this analysis are estimates based on many factors, so your price may vary.
The best homeowners insurance in Illinois
* USAA is available only to active military, veterans and their families.
There are numerous add-ons that you can customize your homeowner policy, but the following are the types of coverage that are generally included as standard:
Pays off to repair or rebuild the structure of your home.
Covers damage to unattached structures such as a shed or fence.
Pays to repair or replace personal items such as furniture or clothing.
Additional living expenses
Pays for hotel stays, restaurant meals, or other expenses if you need to live elsewhere while your home is being repaired.
Covers legal costs and damages if you are responsible for injury to other people or their property.
Covers injuries to guests in your home, regardless of their fault.
Here is a bit more about each company and the extras they offer.
While Chubb is one of the state’s most expensive insurers, its standard policy includes coverage options that others often charge extra for. For example, homeowners who purchase Chubb’s Masterpiece Policy can receive the full amount used to replace damaged or destroyed personal items in lieu of the depreciation of the items.
Country Financial offers three different levels of home insurance. The Premier tier includes coverage unique to Country Financial, such as: Country Financial also offers a significant number of add-ons such as: B. for earthquake damage and costs related to identity theft.
State Farm’s standard “Raised Home Line” coverage may appeal to homeowners for the financial cushion it offers when they need to remodel their home. As long as the home is insured for the amount that State Farm estimates for the replacement, State Farm will provide up to an additional 20% of that amount in the event that costs increase during the rebuilding.
If you’re an active military or veteran, or a family member of one, USAA offers several benefits that are usually extra from other insurers. For example, policyholders in most states are eligible for identity theft and replacement costs for damaged or stolen personal items.
The cheapest home insurance rates in Illinois
NerdWallet looked at every insurer’s rates in all 1,419 Illinois ZIP codes to find the lowest home insurance rates in the state. We found a nationwide average annual premium of $ 1,481, but your rate may vary based on where you live. The difference between the cheapest and most expensive plans in Illinois was over $ 1,000 a year.
Here are the five cheapest rates for home insurance in Illinois:
And here you can see all available tariffs:
Find out more about home insurance in Illinois
Here are a few things to consider when evaluating your options for home insurance in Illinois:
You should consider flood insurance. Flood damage is usually not covered by home insurance, so you will likely need a separate one Flood insurance Politics to be covered. Flood insurance can be a good idea – especially if you live in a flood-prone area. FEMAs Flood maps can help you inform you of the flood risk at your address.
Tornadoes can be a threat. Illinois tornadoes average more than 50 per year, with most occurring in late spring and early summer. Regular home insurance usually covers damage caused by a tornado, as well as additional living expenses you may have if you are temporarily evicted from your home due to a tornado damage.
Their price varies depending on where you live. In general, the further south you live in Illinois, the higher your average annual home insurance premium. To see the average rate where you live, here is the breakdown by county: