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Addison, IL Home Values & Insurance Rates

Addison, IL Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 504 2.0% $73
$100,000 to $124,999 862 4.0% $325
$125,000 to $149,999 814 4.0% $407
$150,000 to $174,999 1,301 6.0% $480
$175,000 to $199,999 1,388 7.0% $561
$200,000 to $249,999 4,193 22.0% $675
$250,000 to $299,999 3,914 21.0% $822
$300,000 to $399,999 5,194 27.0% $1050

Addison Renters Insurance as a Percentage of Rent

Addison Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 284 3.0% $1211
$500 to $749 738 9.0% $1886
$750 to $999 3,494 44.0% $2636
$1,000 to $1,499 2,161 27.0% $3761
$1,500 or more 1,015 13.0% $5411

Example Addison Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company GEICO InsuranceChubb Group of InsuranceFarmers Insurance
Monthly Premium 6618353
Year Built 196719831974
Home Details 2 Beds, 1 Baths5 Beds, 1 Baths3 Beds, 1 Baths
Coverage Amount $200000-$250000$400000-$500000$125000-$150000
Deductible $2500-$5000 Deductible$500 Deductible$1000-$2500 Deductible

Top Home Insurance Agents Near Addison, IL

Home Insurance Company Near Addison, IL Homeowners Insurance Agency Near Addison, IL Address Distance from Addison, IL (miles)
State Farm John James 436 E Northwest Hwy, Palatine, IL, 60074-6300 11.3
Liberty Mutual Independent Lilian Financial 3540 GRAND AVE, GURNEE, IL, 60031 29.6
Travelers Sparks Insurance Inc 6303 75Th St, Kenosha, WI, 53142 43.0
Kotecki-Turek-Shanahan Insurance Agency, Inc. 3258 Ridge Rd Suite 211, Lansing, IL, 60438 35.0
Gis Cornerstone, Llc Dba General Insurance Services 22333 Classic Ct. , Lake Barrington, IL, 60010 19.9

Estimated Home Insurance By Street Area Near Addison, IL

Addison Area Estimated House Insurance
United Ln, W Willow Glen St, Ardmore St, Oak Ln, Arthur Ct, Elmhurst St, E Moreland Ave, Verrill Ave, Edgewood Ave, S Mill Rd$805
Crestwood Rd, Addison Rd, Lois Ave, Beverly Ave, Diversey Pl, E Gladys Ave, Entry Dr, Bernice Dr, N Larch Ave, N Brashares Dr$841
S Spruce Ave, W Jason Ln, Adele Ave, N Pioneer Dr, Briar Pl, E Red Oak St, Saddle Row, Carmela Ct, S Westgate St, Annoreno Dr$799
N Emery Ln, Montrose Ave, W Dominion Dr, Montgomery Ln, W Michael Ln, Iroquois Ct, White Fence Ln, N Wisconsin Ave, Walters Ln, W Carriage Ln$795
Veterans Pkwy, Pan Am Blvd, Neva Ave, E Tall Oaks Ln, Ashwood Ct, N Plamondon Dr, E Woodland Ave, E Belmont Ave, Iroquois Ln, S Addison Rd$802

Addison, IL Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Addison Homeowner Insurance Premium Example $1,800$1,300
Out of Pocket Expense During Claim$1,900$3,900
Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim $12,700$11,700
Net Savings to Addison Home Owner from High Deductible Plan $1,000

Addison, IL Home Insurance Costs With Home Replacement Value Scenarios

Scenario Addison, IL Home Replacement Value MORE than Home Value Addison, IL Home Replacement Value LESS than Home Value
Replacement Value $397,500 $261,500
Insurance Premium based on Replacement Value $1,975 $1,300
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $61,500 Risk Exposure from Under Insuring Coverage is $74,500
Premium Impact Insurance cheaper by $350/year Insurance costlier by $325/year