Bloomington Insurance Rates:

Bloomington, IL home insurance is nearly $646 to $875, about $53-$72/month. Our all inclusive research indicates shoppers can save upto $304 by comparing multiple quotes

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Bloomington, Illinois Homeowners share details on the cheapest & most trustworthy home insurance companies for you to compare & get great deals.

Bloomington Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $440/4 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $520,000

5 Beds, 5 Bath 4610 sqft Seasonal Residence Constructed In 1948 with Wood Flooring, Slate Shingles Roof, Chainwall Foundation, Stone Siding, Wood Frame. Home Features Include Swimming Pool, Central Air Conditioning, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

38 Years old Single Male who is Unemployed and has No Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $220/2 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $475,000

5 Beds, 5 Baths 4680 sqft Vacation Property Constructed In 1989 with Carpet over wood flooring, Tile Roof, Crawl Space Foundation, Vinyl siding, Stucco Construction. Home Features Include Fireplace, Fire Extinguisher, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

63 Years old Single Female who is a Freelancer with household income of more than $150,000 and has No Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 550-599 Credit Score

Home Insurance Rate of $130/3 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $140,000

2 Beds, 2 Bath 1340 sqft Rental Property Constructed In 1947 with Carpet over wood flooring, Slate Shingles Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

65 Years old Married Male who is Retired with household income of $25-50,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

  • Guests at home

Home Insurance Rate of $170/2 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $315,000

5 Beds, 5 Baths 3240 sqft Primary Residence Constructed In 1941 with Wood Flooring, Asphalt Shingles Roof, Piers Foundation, Brick siding, Stucco Construction. Home Features Include Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

67 Years old Married Male who is Unemployed with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $110/5 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $85,000

2 Beds, 2 Bath 970 sqft Primary Residence Constructed In 2012 with Wood Flooring, Shingles Roof, Piers Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Copper Water Pipes, Deadbolt Locks, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

51 Years old Divorced Male who is a Freelancer with household income of $75-$100,000 and has 1 Pet and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $160/5 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $130,000

2 Beds, 2 Bath 1400 sqft Rental Property Constructed In 1944 with Hardwood Flooring, Wood Shake Roof, Crawl Space Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Fireplace, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

42 Years old Married Male who is a Freelancer with household income of $50-$75,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $140/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $305,000

4 Beds, 4 Baths 3140 sqft Rental Property Constructed In 2008 with Carpet Flooring, Metal Roof, Crawl Space Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Swimming Pool, Central Air Conditioning, Smoke Alarm, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

34 Years old Single Female who has a Part Time Job with household income of $25-50,000 and has 2 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1620/8 months for $400,000-$500,000 Coverage
Policy Holder Home Details :

Home Value : $395,000

4 Beds, 4 Baths 3694 sqft Primary Residence Constructed In 2009 with Stone Flooring, Composition Roof, Crawl Space Foundation, Vinyl siding, Wood Frame. Home Features Include Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

25 Years old Married Male who has a Full Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Bloomington, IL Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
61704 $199,300 $790
61701 $115,200 $740

Bloomington Rates & Quotes Analysis:

Bloomington Area Estimated House Insurance
Hidden Pines Trl, Co Rd 500 N, Raintree Rd, Fon du Lac Dr, Iris Way, Goose Creek Dr, Hollycrest Dr, 1560 E, 7th St, Springfield Rd$791
Bancroft Dr, Meadow Ridge Dr, Marimarsh Ln, Brook Dr, E 1350 North Rd, Packard St, Gabor Dr, Winston Ct, Co Rd 2200 N, Ark Dr$760
Crestway Dr, Co Rd 425 E, S Seminary St, Emperor Ln, E Jefferson St, Hidden Valley Loop, Mill Creek Rd, Capen Dr, Godfrey Dr, Co Rd 960 N$772
S Western Ave, Buffalo Ln, Windsor Dr, Kent, Wolf Creek Ln, Co Rd 1025 E, Arrowhead Dr, Holiday Dr, Lucern Dr, N Cottage Ave$745
Stern Dr, Co Hwy 44, Rex Dr, Union St, Patterson Dr, Briar Dr, McLean Rd, S Evans St, Huntington Dr, Rainbow Ave$750
Bentown Rd, N 1650 East Rd, Rettick Ln, Fox Hill Cir, Summit St, S Vale St, Zachary Ln, Richland Ave, Buffalo Trce, Washington Rd$772
W Wood St, Brentwood Ct, Kenneth, Thompson St, Davis Ave, Longden Ave, New Gate, Russell Ct, Oakwood Dr, E 700 North Rd$769
W Macarthur Ave, Co Rd 600 N, Heather Downs Rd, Wildflower Pl, Co Rd 2850 N, S Gridley St, Challenger Dr, 840 E, Gamma, Old Fort Jesse Rd$758
E 650 North Rd, 970 E Rd, Martin Luther King Dr, Red Oak Rd, Northpointe Dr, Co Rd 2125 E, N 2250 East Rd, Sutter Rd, Donbly Blvd, E 2450 North Rd$776
Co Rd 1075 E, Folsom St, Derby Way, E Sullivan, Clover Ln, Hunter Dr, Rathmore Rd, Hillcrest St, Co Rd 2535N, Napa Ln$767

Insurance rates are influenced by a number of factors including:

  • Year Built: 5,210 Homes (15% of total homes ) built between 1970 to 1979 in Bloomington are paying home insurance between $1,234-$1,245. Places close to Bloomington, IL such as Old Town, Towanda, Twin Grove are more expensive by $78, $20, $68 respectively while Randolph and White Oak are cheaper by $10 and $11 respectively for similar homes.
  • Bedrooms: 10,470 2 bedrooms homes (31% of total homes ) in Bloomington are paying about $556. Areas near to Bloomington such as Old Town, Twin Grove, Dale are costlier by $27, $23, $35 respectively whereas Randolph and White Oak are more economical by $12, $5 respectively for similar homes.
  • Auto Insurance Bundling: 3,414 Households (17% of all households) in Bloomington have 3 or more vehicles available and when it is bundled with home insurance you can save $190 compared to Normal ($190), Old Town ($202), McLean County ($189).
  • Senior Discounts: 7,699 seniors (more than 55 years) occupied housing units (39% of total) in Bloomington get discounts between $113 to $116. The comparative concessions in proximate regions such as Normal, Old Town and McLean County are $114, $121 and $113 respectively.
  • New Homes discounts: New homes such as the 14,439 homes built between 2000 to 2009 in Bloomington can save $152 and similar new home insurance discounts in nearby towns and cities like Normal, Old Town and McLean County are $152, $161 and $151 respectively.

Bloomington Homeowners insurance Facts

  • Bloomington, IL has 19,540 owner occupied houses which is 63.9% of all units whereas Normal, Old Town and McLean County have 56.83%, 94.39% and 67.25% respectively.
  • Bloomington, IL homeowners yearly insurance price at $761 is 0.48% of the typical house value of $159,800 which is in contrast with 0.48% in Normal, 0.31% at Old Town & 0.48% in McLean County.
  • Homeowners in Bloomington, IL pay 1.32% of their income ($45,000 to $49,999) in insurance whereas homeowners in Normal, Old Town and McLean County pay 1.32%, 1.41% and 1.32% respectively.
  • Bloomington, IL’s insurance is 4.4% of monthly housing costs of $1,453/month, for owners with a mortgage compared to 4.46% in Normal, 3.19% at Old Town & 4.43% in McLean County. But, for households without a mortgage, insurance is 11.7% of costs ($541 in Bloomington, IL) in contrast with 12.24% in Normal, 8.42% at Old Town & 12.12% in McLean County.

Bloomington, IL Home Values & Insurance rates

For example, insurance for 1,641 Homes (8.0% of total homes ) valued between $300,000 to $399,999 in Bloomington, IL is about $1,666. Rates in nearby areas in such as Old Town, Towanda, Twin Grove are cheaper by $582, $242, $542 respectively while McLean County and Randolph are costlier by $26 and $115 respectively for similar homes.

Bloomington, IL Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,845 9.0% $114
$60,000 to $69,999 350 1.0% $304
$70,000 to $79,999 502 2.0% $350
$80,000 to $89,999 509 2.0% $403
$90,000 to $99,999 938 5.0% $448
$100,000 to $124,999 2,456 13.0% $517
$125,000 to $149,999 2,107 11.0% $654
$150,000 to $174,999 2,307 12.0% $768
$175,000 to $199,999 1,589 8.0% $890
$200,000 to $249,999 2,889 15.0% $1073
$250,000 to $299,999 1,356 7.0% $1308
$300,000 to $399,999 1,641 8.0% $1666

Renters Insurance in Bloomington

  • Average Renters Insurance in Bloomington :  $156($13/month)

  • Median Gross Rent in Bloomington :  $727

  • Bloomington Renters Insurance to Median Rent Ratio:  1.79%

  • Renter occupied housing units in Bloomington :  11,040

Bloomington Renters Insurance as a Percentage of Rent

Bloomington Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 147 1.0% $339
$200 to $299 222 2.0% $789
$300 to $499 1,360 12.0% $1239
$500 to $749 4,007 37.0% $1914
$750 to $999 2,974 27.0% $2664
$1,000 to $1,499 1,684 15.0% $3789
$1,500 or more 330 3.0% $5439

Rent Affordability in Bloomington:

Approximately 33.0% (3,742) of households are spending more than 35% of their income on gross rent in Bloomington

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 2,185 19.0%
15.0 to 19.9 percent 1,605 14.0%
20.0 to 24.9 percent 1,526 13.0%
25.0 to 29.9 percent 1,303 11.0%
30.0 to 34.9 percent 679 6.0%
35.0 percent or more 3,742 33.0%

Protective device discount in Bloomington Up to :  $23

Claims-free discount in Bloomington Up to :  $31