Aurora ,IL Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Aurora, IL homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Aurora, IL is $2037. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Aurora, IL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Aurora, IL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $815 |
| $200,000 | $1,385 |
| $300,000 | $1,711 |
| $400,000 | $2,607 |
| $500,000 | $3,280 |
Home insurance costs in Aurora can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 060504 | $1,944 |
| 60506 | $1,920 |
| 60505 | $1,880 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Aurora, IL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,089 |
| $1000 Deductible | $1,868 |
| $1500 Deductible | $1,762 |
| $2500 Deductible | $1,589 |
| $5000 Deductible | $1,344 |
| Home Insurance Company Near Aurora, IL | Homeowners Insurance Agency Near Aurora, IL | Address |
|---|---|---|
| State Farm | Mark Mitchell | 717 S Eastwood Dr, Woodstock, IL, 60098-4634 |
| Erie | Promise Insurance | 425 Quadrangle Drive Suite 120, Bolingbrook, IL, 60440 |
| NA | Ditardi & Associates Insurance Agency | 5621 N Milwaukee Ave, Chicago, IL, 60646 |
| State Farm | Alyson Huizinga | 19900 Governors Drive Suite 103, Olympia Flds, IL, 60461-1060 |
| Travelers | Catherine L Shaw | 24252 W MAIN ST STE 101, PLAINFIELD, IL, 60544 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| North Aurora village, Illinois | $101 | $135 | $202 |
| Boulder Hill CDP, Illinois | $96 | $127 | $191 |
| Montgomery village, Illinois | $97 | $129 | $194 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Aurora, IL | 3.5% | 9.8% |
| North Aurora | 3.41% | 10.17% |
| Boulder Hill | 3.82% | 11.65% |
| Montgomery | 3.33% | 10.01% |
| Aurora Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 388 | 2.0% | $330 |
| $200 to $299 | 457 | 2.0% | $780 |
| $300 to $499 | 634 | 3.0% | $1230 |
| $500 to $749 | 2,469 | 13.0% | $1905 |
| $750 to $999 | 5,226 | 27.0% | $2655 |
| $1,000 to $1,499 | 7,010 | 37.0% | $3780 |
| $1,500 or more | 2,736 | 14.0% | $5430 |
| Streets in Aurora Area | Homeowners Insurance Cost |
|---|---|
| Rosehall Ln, Ruff St, 129th St, Mary Lee Ct, Talon Cir, W Blakely Dr, Sagamore Cir, Ferguson Rd, W Chatham Dr, Latham Ct | $857 |
| Barrington Dr E, S Northland Dr, S Prairie Pond Dr, Milestone Dr, Pavilion Pl, Birdseye Ct, Kildare Dr, Hawks Bill Ln, Vicksburg Ct, S Elizabeth Dr | $854 |
| Union Mill Dr, Delta Dr, Courtney Rd, Sunrise Ct, Erin Marie Ct, Ambrose Rd, Blackburn Ct, Hawks Bill Ct, Gardner Cir E, Limerick Ln | $805 |
| Moonlight Ct, Blue Bell Ln, Meadowland Cir, Whispering Woods Cir, Azure Cove, Sunderlin Rd, Kilkenny Dr, Grand Ridge Cir, Kerr St, Kristi Dr | $848 |
| Prescott Ct, Tiffany St, Red Star Dr, Stags Leap Trl, Sagamore Ct, W Kelly Ct, Round Barn Rd, Biltmore Cir, Stewart Ridge Dr, W 131st St | $851 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Aurora | $116 to $118 |
| North Aurora | $121 |
| Boulder Hill | $114 |
| Montgomery | $116 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,500 | $2,500 |
| Yearly Aurora Homeowner Insurance Premium Example | $900 | $700 |
| Out of Pocket Expense During Claim | $1,500 | $2,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $8,700 | $8,100 |
| Net Savings to Aurora Home Owner from High Deductible Plan | $600 | |
| Scenario | Aurora, IL Home Replacement Value MORE than Home Value | Aurora, IL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $415,000 | $256,000 |
| Insurance Premium based on Replacement Value | $1,875 | $1,150 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $90,000 | Risk Exposure from Under Insuring Coverage is $69,000 |
| Premium Impact | Insurance cheaper by $325/year | Insurance costlier by $400/year |
| Insurance Company | Liberty Mutual | State Farm | Chubb Group of Insurance |
| Monthly Premium | 60 | 62 | 58 |
| Year Built | 1988 | 2006 | 2011 |
| Home Details | 4 Beds, 1 Baths | 3 Beds, 1 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $200000-$250000 | $150000-$175000 | $200000-$250000 |
| Deductible | $2500-$5000 Deductible | $1000-$2500 Deductible | $5000 to $10,000 Deductible |