MoneyGeek reviewed quotes from the best insurers in Illinois to discover how much homeowners insurance costs. Using a program called Quadrant, MoneyGeek compared quotes by ZIP code across 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. Your home's age and history of claims will impact the cost of homeowners insurance. Online homeowners insurance quotes can be requested or obtained 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 company. Their homeowner insurance cost averages about $930 per annual. You can get a free estimate on your home insurance costs by visiting the company's website. The online quote tool will need your zip code along with some basic information about you home. This tool will give you an estimate of how much your monthly policy will cost.
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. Farmers also offers discounts for bundling policies or certain renovations such as a new roof. Farmers allows you to buy policies online or over the telephone, making it convenient. With modern tools such as mobile apps, you can easily compare rates and coverages.
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 can be shopped in a variety ways. A combination of policies with the same insurance company and installing protection devices such a burglar alarm can give you a discount. If you have Nationwide insurance, or if your home is new, you may be eligible for a discount.
Nationwide offers homeowners insurance throughout the country. They also offer a variety of insurance policies. Nationwide offers discounts on multipolicy bundles and home security systems. These policies will protect your assets in a variety of circumstances. These policies will save you money on your annual premiums.
Farmers Connected To Home
Farmers is one of the largest home insurance companies in the state and offers competitive prices. Farmers also offers an excellent range of coverage options and endorsements. The company also provides special discounts for people who have never filed a claim. Farmers also offers discounts for multiple policies.
There are many factors that can affect the cost of homeowner's insurance. Rates vary from one state or 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
The average USAA homeowners insurance premium in Illinois is under $1,100 a year. The company has a good reputation, but some consumers complain about the premium. However, the majority of customers are satisfied with the rates and discounts. Compared to the competition, USAA is in the middle of the pack.
The Illinois home insurance rates of USAA are comparable in price to the national standard. Chicago insurance costs are significantly higher than in other areas of Illinois.