MoneyGeek compared quotes from the top Illinois insurers to determine how much homeowners insurance costs in Illinois. MoneyGeek compared Illinois ZIP code quotes using Quadrant. The results showed a breakdown on the average cost of dwelling, liability, and personal coverage.
Allstate
Allstate homeowners' insurance is priced differently depending on the amount of coverage you select and the location of your home. Costs will vary depending on your home's type, age and claims history. A local agent can provide a quote or online for homeowners insurance. Compare Allstate policies and coverage options to determine if they are worth your time.
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 tool will ask for your zip code and some information about your house. This tool will give you an estimate of how much your monthly policy will cost.
Farmers
Farmers is Illinois's largest provider home insurance. It offers a wide range coverage at affordable rates. They also offer discounts on bundling policies, and for certain renovations like a new roof. Purchasing policies through Farmers can also be convenient because they allow you to purchase them online or over the phone. 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. Farmers policies offer a host of incredible perks. For example, a guaranteed rate hike after five consecutive years with no claims. The company also offers a declining deductible feature, which allows policyholders to decrease their deductibles every year without raising rates.
All over the country
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. 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. 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 Home
Farmers is the largest home insurer in the state, and it offers affordable prices. Farmers also offers an excellent range of coverage options and endorsements. People who have never claimed are eligible for special discounts from Farmers. Farmers can help you save money if your policies are combined.
Homeowners insurance rates can vary significantly from state to state. Hawaii, for instance, has a homeowners insurance premium that is lower than $100 per months. However, in other states, the average cost for homeowner's coverage is significantly higher.
USAA
The average USAA homeowners' insurance cost in Illinois amounts to just below $1,100 annually. Although the company is well-respected, there are some complaints about the premium. Regardless, most customers are happy with the rates and discounts. USAA ranks in the middle of the pack when compared to its competitors.
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.