Chicago Insurance Rates:

Chicago, IL homeowners insurance is roughly $682 to $923, about $56-$76/month. Our thorough guide reveals consumers can save upto $321 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Chicago, IL, Best Home Insurance Companies

Determining the best home insurance companies goes beyond the home insurance rates provided to homeowners. In Chicago, IL, the best home insurance companies are rated based on financial strength, customer service, available discounts, market share, and the speed at which claims are processed.

State Farm

State Farm has been one of the most successful home insurance companies in Chicago. A.M. Best awarded them a rating of A+ for their superior financial ability to grant potential claims of current policyholders in Chicago. It also holds a customer satisfaction score of 3/5 from J.D. Power. State Farm occupies the majority of market share in Illinois, with 33.07%.

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Allstate

Allstate received a rating of A+ for its excellent financial ability to grant potential claims of current policyholders in Chicago. It has a score of 3/5 from J.D. Power in terms of overall customer satisfaction. According to data collected by the National Association of Insurance Commissioners (NAIC), Allstate has a market share of 12.05% in Illinois, making it one of the most prominent insurance companies in Chicago.

Farmers

Farmers has the superior financial ability in granting potential claims of current policyholders in Chicago and is credited with an A+ rating by A.M. Best. J.D. Power awarded Farmers with a customer satisfaction score of 3/5 based on the feedback collected from its customers. NAIC reports that Farmers occupies a 5.80% market share in Illinois.

American Family

American Family has been awarded a rating of A from A.M. Best for its superior financial ability to grant potential claims of current policyholders in Chicago. J.D. Power awarded a score of 3/5 in terms of overall customer satisfaction score. According to the NAIC data, American Family has a market share of 5.71% in Illinois.

Liberty Mutual

Liberty Mutual is another major home insurance company in Chicago with a rating of A+ from A.M. Best for its superior financial ability in granting potential claims of current policyholders. J.D. Power awarded a customer satisfaction score of 3/5 based on a homeowners survey. NAIC reports that Liberty Mutual has a market share of 4.93% in Illinois.

Travelers

Travelers has become the most preferred home insurance company in most cities, including Chicago. Travelers has a superior financial ability to grant potential claims of current Anaheim policyholders and has an A++ rating by A.M. Best. Travelers has a customer satisfaction score of 2/5 from J.D. Power. It occupies the majority of the market share in Illinois, with 3.06%.

USAA

USAA has been awarded a rating of A++ from A.M. Best for its excellent financial ability in granting potential claims of current policyholders in Chicago. It also holds a customer satisfaction score of 5/5 based on customer feedback curated by J.D. Power. According to the data collected by NAIC, USAA has a market share of 2.95% in Illinois.

Chicago, IL Homeowners Insurance By Home Value

Chicago, IL Home Value Total Homes % of Total Average Chicago, IL Homeowners Insurance
Less than $50,000 13,391 3.0% $80
$60,000 to $69,999 4,654 1.0% $208
$70,000 to $79,999 6,402 1.0% $240
$80,000 to $89,999 8,560 2.0% $273
$90,000 to $99,999 8,192 2.0% $305
$100,000 to $124,999 28,615 7.0% $353
$125,000 to $149,999 24,094 6.0% $441
$150,000 to $174,999 43,046 11.0% $521
$175,000 to $199,999 33,405 8.0% $602
$200,000 to $249,999 66,281 17.0% $730
$250,000 to $299,999 57,170 15.0% $891
$300,000 to $399,999 78,629 20.0% $1132

Top Home Insurance Agents Near Chicago, IL

Home Insurance Company Near Chicago, IL Homeowners Insurance Agency Near Chicago, IL Address
NA Northwestern Insurance Agency & Associates, Inc. 820 S Bartlett Road, Ste 101, Streamwood, IL, 60107
State Farm Dan Zebert 241 Golf Mill Ctr Ste 316, Niles, IL, 60714-1215
State Farm Gregory Pec 1213 Maple Ave Unit 1, Lisle, IL, 60532-4139
State Farm Jeff Peschke 6942 Grand Ave, Hammond, IN, 46323-2570
Allstate Paul Lee 6036 Dempster St, Morton Grove, IL, 60053

Chicago, IL Home Insurance Agents for Top Companies


Cost Of Homeowners Insurance By Street Near Chicago, IL

Streets in Chicago Area Homeowners Insurance Cost
W 1st St, N Park Blvd, N Park Ave, Alma Ave, W Hickory Rd, N Wheaton Ave, Eastview Ave, Lorraine St, Linden St, Taft Ave$952
E Kenilworth Ave, Iowa Ave, Wingate Rd, Reber St, E Willow Ave, Avery Ave, Ridgewood Ave, Clinton Ave, W Indiana St, E 2nd St$838
E Vermont St, N Park Ave, Evergreen St, Glade Ave, Stoneham St, Revere Rd, N Blanchard St, E Evergreen St, W Wood Ave, Poppy Ln$836
N West St, S Park Rd, S Sunnyside Ave, W Le Moyne Ave, Lombard Ave, Fairlane Ave, Woodland Dr, Crescent Blvd, Lakeview Ter, Sheila Pl$810
S Edson Ave, E Seminary Ave, Utley Rd, Marion Ct, S Boyd Ave, W Eugenia St, E Wood Ave, N Park Blvd, S Columbine Ave, S Charlotte St$797

Chicago, IL Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Chicago$120 to $122
Cicero$114
Cook County$120
Forest View$117

Chicago, IL Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Cicero town, Illinois $115 $153 $230
Cook County, Illinois $120 $160 $240
Forest View village, Illinois $117 $156 $234

Chicago, IL Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Chicago, IL3.4%11.2%
Cicero3.51%10.23%
Cook County3.43%10.25%
Forest View3.5%12.4%

Chicago Renters Insurance as a Percentage of Rent

Chicago Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 12,152 2.0% $317
$200 to $299 16,669 3.0% $767
$300 to $499 27,172 5.0% $1217
$500 to $749 97,430 18.0% $1892
$750 to $999 155,753 28.0% $2642
$1,000 to $1,499 153,243 28.0% $3767
$1,500 or more 78,652 14.0% $5417

Chicago, IL Homeowners Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
60603 $618,100 $1,000
60614 $512,400 $970
60611 $505,800 $950
60604 $482,600 $940
60601 $465,700 $940
60622 $432,000 $890
60610 $421,700 $910
60657 $408,900 $910
60654 $405,900 $910
60618 $355,200 $870
60647 $354,700 $890
60605 $354,400 $890
60607 $347,000 $870
60661 $342,700 $870
60631 $335,200 $870
60602 $330,400 $860
60606 $327,500 $860
60613 $317,200 $860
60625 $316,000 $860
60616 $297,000 $840
60641 $287,400 $830
60630 $286,700 $850
60640 $277,600 $830
60612 $275,500 $840
60653 $259,700 $820
60608 $247,800 $830
60615 $237,600 $800
60639 $236,700 $820
60660 $231,700 $810
60626 $221,900 $800
60637 $202,200 $800
60632 $198,900 $790
60651 $197,800 $790
60624 $194,900 $800
60644 $192,100 $780
60609 $192,000 $790
60652 $180,500 $780
60649 $180,400 $780
60623 $173,900 $780
60629 $171,800 $780
60619 $162,900 $770
60620 $150,200 $760
60617 $149,800 $760
60628 $134,900 $760
60621 $120,400 $750
60636 $112,100 $740

Chicago, IL Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,800$2,800
Yearly Chicago Homeowner Insurance Premium Example $900$700
Out of Pocket Expense During Claim$1,800$2,800
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $9,000$8,400
Net Savings to Chicago Home Owner from High Deductible Plan $600

Chicago, IL Home Insurance Costs With Home Replacement Value Scenarios

Scenario Chicago, IL Home Replacement Value MORE than Home Value Chicago, IL Home Replacement Value LESS than Home Value
Replacement Value $515,500 $356,000
Insurance Premium based on Replacement Value $2,875 $2,000
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $63,000 Risk Exposure from Under Insuring Coverage is $96,500
Premium Impact Insurance cheaper by $525/year Insurance costlier by $350/year

Example Chicago Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company TravelersLiberty MutualChubb Group of Insurance
Monthly Premium 3866114
Year Built 196919791948
Home Details 2 Beds, 1 Baths3 Beds, 2 Baths4 Beds, 2 Baths
Coverage Amount $100000-$125000$175000-$200000$250000-$300000
Deductible $1000-$2500 Deductible$500- $1000 Deductible$1000-$2500 Deductible

Sample Home Insurance Rates for Chicago, IL from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1941 260,000 Tile Roof 2,300 3 $500 Deductible 250 3 Fiber-Cement Siding yes
1969 130,000 Asphalt Shingles Roof 910 2 $500- $1000 Deductible 330 7 Fiber-Cement Siding yes
1974 255,000 Shingles Roof 1,850 4 $2500-$5000 Deductible 670 7 Fiber-Cement Siding No
1978 280,000 Metal Roof 2,570 4 $5000 to $10,000 Deductible 190 3 Wood siding No
1979 250,000 Composition Roof 1,750 2 $2500-$5000 Deductible 790 10 Vinyl siding No
1965 225,000 Wood Shake Roof 1,800 3 $2500-$5000 Deductible 70 1 Wood siding No
1971 240,000 Membrane Roof 2,140 3 $5000 to $10,000 Deductible 60 1 Wood siding yes
1968 150,000 Tile Roof 1,200 2 $500- $1000 Deductible 120 2 Fiber-Cement Siding yes
1960 195,000 Asphalt Shingles Roof 1,800 4 $500- $1000 Deductible 1210 12 Brick siding No
1969 195,000 Metal Roof 1,650 4 $2500-$5000 Deductible 920 12 Fiber-Cement Siding yes
1963 275,000 Asphalt Shingles Roof 1,890 3 $2500-$5000 Deductible 870 10 Fiber-Cement Siding yes
1962 155,000 Slate Shingles Roof 1,310 2 $500- $1000 Deductible 420 7 Wood siding yes
1962 365,000 Shingles Roof 3,060 4 $500- $1000 Deductible 1500 12 Fiber-Cement Siding yes
1978 255,000 Wood Shake Roof 2,180 4 $2500-$5000 Deductible 1000 10 Fiber-Cement Siding yes
1967 180,000 Membrane Roof 1,250 2 $2500-$5000 Deductible 60 1 Fiber-Cement Siding No
1947 240,000 Composition Roof 2,200 3 $5000 to $10,000 Deductible 600 10 Vinyl siding yes
1973 170,000 Slate Shingles Roof 1,320 2 $500 Deductible 150 2 Wood siding yes
1941 180,000 Metal Roof 1,140 2 $5000 to $10,000 Deductible 320 5 Brick siding yes
1979 470,000 Tile Roof 3,300 4 $2500-$5000 Deductible 1090 10 Stone Siding No
1963 140,000 Slate Shingles Roof 1,270 2 $2500-$5000 Deductible 200 6 Vinyl siding No
1979 415,000 Wood Shake Roof 2,890 4 > $10,000 Deductible 620 7 Fiber-Cement Siding No
1975 255,000 Membrane Roof 2,310 3 $500- $1000 Deductible 350 4 Wood siding No
1973 150,000 Membrane Roof 1,100 2 $1000-$2500 Deductible 90 2 Wood siding yes
1960 240,000 Metal Roof 1,930 3 $2500-$5000 Deductible 620 9 Vinyl siding yes
1979 160,000 Metal Roof 1,300 2 $500 Deductible 360 5 Stucco siding No
1974 220,000 Asphalt Shingles Roof 1,800 2 $500- $1000 Deductible 110 1 Fiber-Cement Siding No
1962 345,000 Metal Roof 2,380 3 $5000 to $10,000 Deductible 360 5 Stone Siding No
1967 235,000 Slate Shingles Roof 2,060 4 > $10,000 Deductible 110 3 Stone Siding No
1948 315,000 Shingles Roof 2,070 3 $1000-$2500 Deductible 580 7 Stone Siding No
1938 230,000 Asphalt Shingles Roof 1,241 3 $2500-$5000 Deductible 1010 7 Brick siding yes

Latest Home Insurance Reviews

Aaa
They are a bit slower with service. Rates are high but they are responsive and handle claims well in my prior experience.
State Farm
5- ease of communication, in handling claims (rental car damage, vehicle was broken in to). dealing with the adjustor, getting questions answered, helping with the steps in which to complete the claims. getting questions answered on new quotes for adding vehicles. making adjustments to the existing policy. their friendly and make it simple to obtain insurance and feel that we're covered.
Allstate
All insurance premiums cost the same. There is no comparison. Insurance companies are trash and over-charge for services you will never use.
Allstate
I would definitely recommend this to everyone because their customer service is really good. They actually listen to you and they provide you the best they can.
Metlife
We only had about 2 or 3 claims in all these years, but they were solved very quickly without any complaints.
Allstate
My agent seems to care about me as a customer. The few times I have needed to contact the local office, I have had a courteous conversation that answered my questions accurately.
Progressive
I have yet to make a claim on my home owner's insurance and therefore do not have a strong opinion on their level of customer service. I have no complaints regarding our interaction thus far.
Homesite Insurance
I believe that my home insurance premium and deductible is comparable to other companies. I am satisfied with the cost and have never had a reason to shop or change insurers.
Nationwide
The insurance offerings seem the same as other insurance companies nothing stands out as anything really new or different. Solid company with good products.
Geico
Geico's coverage is by far the best. Rates are incomparable as I have tried with a multitude of companies.
Farmer's Insurance
It is so deductible compare to other insurance and also it is very helpful to maintain insurance.
Travelers
Travelers insurance deductibles are an important part of any home insurance policy. he higher your homeowners insurance deductible, the lower your premium will be. But i do no how others companies offering.
Farmer's Insurance
My insurance company is fair in it's offerings and the policy they offer me for my home. The premium is not bad compared to the coverages I have in my policy.
Allstate
The deductible is around the same as the ranges given for other comparable companies. I think that it is somewhat reasonable, could be lower, but that is the same for all companies.
Aaa
We review annually our insurance and AAA always seems to have some of the most competitive rates among the others we consider.
American Family Insurance
American Family Insurance Company has a great customer service. They provide a very good relationship to their customers.
Allstate
My insurance company does offer competitive rates compared to most of the bigger companies. I shopped around for a while, and my mortgage company recommended them to me.
State Farm
We have had State Farm for the last 5 years in the three states we have lived. We filed a claim when my car was stolen from our garage. They were very helpful and processed our claim quickly.they also took care of that. No complaints.
State Farm
State farm's website is very hard to navigate. sometimes you have to search for what you need to find and i have had to call their customer service to get help.
Homesite Insurance
I do not receive any promotional materials from homesite, which would be okay for some, but the lack of marketing materials and contact from the company leaves me wondering if there are additional options available from the company that i may not be aware that would better serve me or improve my coverage.
State Farm
I am satisfied with my premium. I searched far and wide and was unable to find a premium that was any lower. Infact, this one was the lowest by around $100.
Homesite Insurance
When filing a claim for water damage, homesite was very empathetic to our situation and very helpful in providing all necessary information to start fixing our home.
Geico
It's easy to use, I know exactly what is covered, and they have an app so claims are extremely simple to submit. I can set up auto-pay and it happens automatically I don't need to worry about anything
State Farm
There really isn't anything that I dislike about my company. Everything is great with them and I’ve never had an issue with them.
Homesite Insurance
Not very happy with their website; minimal information is available. I think they are trying to cut costs so they have a crappy website.
Grange Insurance
I wish that I was able to communicate with the app. The communication otherwise depends on me contacting them with any questions and that usually has a good result.
State Farm
I do not remember what my premium was for my last company. I must not have been satisfied since I switched to State Farm. I think the premium I pay is fair.
Travelers
It's the most well-established company, that had the most reasonable premiums I could find. The website is user-friendly, and I haven't had any problems so far.
American Family
I really enjoy the company's website. It is very easy to use and navigate which I can really appreciate. The layout is simple and easy to understand. It is not slow and I have never had a problem with it.
Allstate
They are awesome. You can always get someone on the phone and they are very friendly and helpful. They aren't trying to rush through your call. You feel appreciated for being their customer.
State Farm
I can't think of anything I dislike about this company, I have used them for years for auto and now they're insuring my first home and I appreciate the ease and friendliness.
Progressive
They have only been my insurance company for less than a year, so I have no claims experience with them. This makes me nervous because I do not know if they will be a hassle to deal with if I ever have to make a claim. At least with my previous insurance company, I knew how they were with claims.
Aaa
I would recommend AAA as home insurance company as I have found them to be reasonably priced with more than enough coverage. I think that AAA is a reliable company that actually keeps the client in mind when making decisions. I also use their car coverage for tow and roadside assistance and have had nothing but positive interactions with them.
American Family Insurance
I am satisfied. I would give then an 4. There are a few things I have issues with but for the most part they're great.
Homesite Insurance
The coverage I have is very good for the premium that I am paying. I also got an extra $5000 worth of basement water coverage for just over $56 a year which I thought was inexpensive.
Amica Mutual Insurance
Easy to deal with and contact. Good billing, invoice system. Responsive to claims. Able to access a lot of information regarding my insurance on the app and on the website.
Farmer's Insurance
They are very professional. They are very helpful. Communication with them is easy because I can email them and I receive a response within 24 hours.
Farmer's Insurance
The prices are very reasonable and the service has been good.
Nationwide
There should be some coverage for burglary and theft. It is better if they also cover the damage done by natural disaster.

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