Downers Grove Insurance Rates:

Downers Grove, IL home insurance is approximately $726 to $984, about $60-$82/month. Our complete guide indicates shoppers can save upto $342 by getting many quotes

Compare Quotes from Top Providers and Save now!

Research about Downers Grove Home Insurance Rates, Quotes, Reviews, Agents, Coverage & other ways to save money in Illinois. Compare quotes & save.

Downers Grove Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Farmers Insurance
Home Insurance Rate of $600/7 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $370,000

3 Beds, 3 Bath 2010 sqft Seasonal Residence Constructed In 1988 with Hardwood Flooring, Wood Shake Roof, Piers Foundation, Vinyl siding, Wood Frame. Home Features Include Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

34 Years old Divorced Female who is a Freelancer with household income of $75-$100,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1150/12 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $355,000

4 Beds, 4 Baths 2010 sqft Seasonal Residence Constructed In 1976 with Carpet Flooring, Shingles Roof, Chainwall Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Copper Water Pipes, Swimming Pool, Fire Extinguisher, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

59 Years old Single Female who is a Freelancer with household income of $25-50,000 and has No Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $760/10 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $310,000

3 Beds, 3 Bath 2080 sqft Seasonal Residence Constructed In 1993 with Wood Flooring, Tile Roof, Piers Foundation, Stucco siding, Wood Frame. Home Features Include Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

43 Years old Single Female who has a Full Time Job with household income of $100-$150,000 and has More than 3 Pets at home and is a Non-Smoker

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

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1740/7 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $720,000

5 Beds, 5 Baths 4030 sqft Seasonal Residence Constructed In 1977 with Hardwood Flooring, Slate Shingles Roof, Piers Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Smoke Alarm, Indoor Sprinklers, Central Air Conditioning, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

43 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $740/8 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $375,000

3 Beds, 3 Baths 1880 sqft Vacation Property Constructed In 1963 with Linoleum, Slate Shingles Roof, Crawl Space Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Fire Extinguisher, Copper Water Pipes, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

25 Years old Single Male who has a Part Time Job with household income of less than $25,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $950/9 months for $200,000-$250,000 Coverage
Policy Holder Home Details :

Home Value : $260,000

3 Beds, 3 Baths 1472 sqft Rental Property Constructed In 1968 with Stone Flooring, Tile Roof, Chainwall Foundation, Wood siding, Metal Frame Construction. Home Features Include Fireplace, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

49 Years old Divorced Male who has a Full Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

Downers Grove, IL Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
60515 $358,500 $870
60516 $329,800 $870

Downers Grove Rates & Quotes Analysis:

Downers Grove Area Estimated House Insurance
Independence Ave, Otis Ave, Kingery Hwy, Hinsdale Ave, Gail Ave, Hanover St, Charleston Dr, Hiddenview Dr, Maumell St, Regal Ct$1,003
Concord Pl, Sheridan Dr, King Arthur Ct, E 56th St, Banchory Ct, Knoll Wood Dr, Cove Ln, Robey Ave, Warren Ct, Tower Rd$796
Circle Ridge Ct, Belleaire Ln, Middleton Rd, S Adams St, Monroe St, Sterling Rd, Brittany Ct, Nantucket Dr, 99th St, Clarendon Ct$813
Wallen Pl, Valley Forge Ct, Knoll Wick Rd, Morton Ave, 97th St, Sussex Creek Dr, Chapman Dr, Iroquois St, Meadow Ct, Walredon Ave$1,000
Macarthur Dr, Shiloh Ct, N Wilmette Ave, Sheridan Ave, Pine Cove Ct, Center Cir, Brandon Rd, W Irving St, Hawkins Ave, Mockingbird Ln$876
Nelson Ln, Exton St, Sutton Pl, Ainslie Ct, N Madison St, W Chestnut St, Sandalwood Ct, Newport Ave, Liberty Blvd, Comstock Ln$1,053
Capra Trl, Dartmouth Ln, Beechwood Dr, Bunning Dr, Berkshire Ln, Virginia St, Edgewood Dr, Sawmill Creek, Elizabeth Ln, Eldon Pl$817
Northcott Ave, Seminole Ct, Springside Ave, E Hidden View Dr, Abbey Dr, Barclay Ct, Hinsbrook Ave, White Pl, Sherwood Ave, W 55th Pl$830
Cascade Ct W, Saylor St, Norfolk St, Clynderven Rd, Abbey Ct, Trenton Ln, 67th Ct, Rising Ct, Arthur Ave, Plymouth St$784
Chalet Cir, Lake Hinsdale Dr, Wallbank Ave, Carlisle Ave, Taylor St, S Monroe St, Clover Ln, N Bruner St, Bradley Ct, Lester Ln$1,057

Insurance rates are influenced by a number of factors including:

  • Year Built: 8,399 Homes (13% of total) built between 1960 to 1969 in Downers Grove are paying home insurance between $1,497-$1,510 in contrast with Burr Ridge (+$273), Clarendon Hills (+$177), Hinsdale (+$395), Darien (-$37) and Willowbrook (-$73).
  • Bedrooms: 14,844 2 bedrooms homes (24% of total homes ) in Downers Grove are paying about $616 in contrast with Burr Ridge (+$112), Clarendon Hills (+$73), Hinsdale (+$162), Darien (-$15) and Willowbrook (-$29).
  • Auto Insurance Bundling: 9,651 Households (22% of all households) in Downers Grove have 3 or more vehicles available and when it is bundled with home insurance you can save $213. Discounts for similar bundling in close by locations such as Darien, Willowbrook, Westmont come to $208, $203, $205 respectively.
  • Senior Discounts: 21,466 seniors (more than 55 years) occupied housing units (49% of total) in Downers Grove get discounts between $127 to $130 in contrast with Darien ($125), Willowbrook ($122), Westmont ($123).
  • New Homes discounts: New homes such as the 20,634 homes built between 2000 to 2009 in Downers Grove can save $171 and similar new home insurance discounts in nearby towns and cities like Darien, Willowbrook and Westmont are $166, $162 and $164 respectively.

Downers Grove Homeowners insurance Facts

  • Downers Grove, IL has 43,648 owner occupied houses which is 77.4% of all units whereas Darien, Willowbrook and Westmont have 84.43%, 71.23% and 51.95% respectively.
  • Downers Grove, IL homeowners yearly insurance price at $855 is 0.24% of the typical house value of $357,700 which is in contrast with 0.26% in Darien, 0.3% at Willowbrook & 0.29% in Westmont.
  • Homeowners in Downers Grove, IL pay 3.8% of their income ($20,000 to $24,999) in insurance whereas homeowners in Darien, Willowbrook and Westmont pay 3.71%, 3.62% and 3.65% respectively.
  • Downers Grove, IL’s insurance is 3.1% of monthly housing costs of $2,280/month, for owners with a mortgage compared to 3.51% in Darien, 3.08% at Willowbrook & 3.49% in Westmont. But, for households without a mortgage, insurance is 9.3% of costs ($770 in Downers Grove, IL) in contrast with 9.37% in Darien, 9.24% at Willowbrook & 9.35% in Westmont.

Downers Grove, IL Home Values & Insurance rates

For example, insurance for 1,240 Homes (4.0% of total homes ) valued between $100,000 to $124,999 in Downers Grove, IL is about $256. Rates in nearby areas in such as Hinsdale, Western Springs, Oak Brook are cheaper by $116, $67, $117 respectively while Darien and Willowbrook are costlier by $27 and $69 respectively for similar homes.

Downers Grove, IL Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 634 2.0% $51
$90,000 to $99,999 341 1.0% $222
$100,000 to $124,999 1,240 4.0% $256
$125,000 to $149,999 1,045 4.0% $324
$150,000 to $174,999 1,469 5.0% $384
$175,000 to $199,999 1,598 6.0% $444
$200,000 to $249,999 3,967 15.0% $538
$250,000 to $299,999 5,262 20.0% $658
$300,000 to $399,999 9,936 38.0% $829

Renters Insurance in Downers Grove

  • Median Gross Rent in Downers Grove :  $992

  • Average household size of renter-occupied unit :  2.19

Downers Grove Renters Insurance as a Percentage of Rent

Downers Grove Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 176 1.0% $290
$300 to $499 195 1.0% $1190
$500 to $749 932 7.0% $1865
$750 to $999 5,016 40.0% $2615
$1,000 to $1,499 3,777 30.0% $3740
$1,500 or more 2,229 17.0% $5390