How To Make Your Chicago, IL Home Insurance Cheaper
Chicago, IL, homeowners insurance is about $940. V Home Insurance detailed analysis provides guidance to shoppers by choosing the right insurance provider for factors such as home value, coverage, and deductible. Enter your Zip Code below and click “GO” to get multiple free quotes.
Comparison of Chicago, IL Home Insurance Rates with the Cook County Average
| Place | Cook County Average: $1,314.0 | $ Difference vs coutny Average | % Difference vs coutny Average | Population | Estimated Value of a Home ($) |
|---|---|---|---|---|---|
| Chicago, IL | $940.0 | -374.0 | -0.28 | 2,702,471 | 234,500 |
Cost of Chicago, IL Homeowners Insurance by Home Value and Household Income
| Nearby Places | Median Home value ($) | Median Household Income ($) | Premium Range |
|---|---|---|---|
| Bridgeview | 164,300 | 7,968 | $820 |
| Glencoe | 940,600 | 55,849 | $870.4 |
| Wheatland | 369,100 | 6,565 | $1,205 |
| Hobart | 112,400 | 4,175 | $792 |
Homeowners Insurance Comparison for the Cheapest Premiums in Chicago, IL
| Farmer's Insurance | MAPFRE Insurance | The Hartford | |
| Median Home Value ($) | 234,500 | 234,500 | 234,500 |
| Age of Home | Year 50 Old | Year 30 Old | Year 40 Old |
| Home Coverage ($) | $250,000 -$299,999 | $1000,000 -$1499,999 | $250,000 -$299,999 |
| Total Premium ($) | $1,427.0 | $3,653.5 | $1,359.0 |
Cost of Chicago, IL Home insurance Premium for Different Deductibles
| Company | Deductible ($) | Coverage value | Insurance premium ($) |
|---|---|---|---|
| Liberty Mutual | 2000 | $1500,000-$2000,000 | 2,871.8 |
| Travelers | 2500 | $400,000-$499,999 | 1,440.9 |
| Safeco Insurance | 1000 | $200,000-$249,999 | 734.8 |
| Grange Insurance | 500 | $150,000-$174,999 | 539.2 |
| MetLife | 1500 | $400,000-$499,999 | 1,761.1 |
| Country Financial | 500 | $250,000-$299,999 | 1,098.5 |
| Horace Mann Educators Corporation | 1000 | $750,000-$999,999 | 2,754.5 |
| Westfield Insurance | 1500 | $300,000-$399,999 | 1,373.1 |
| Farmer's Insurance | 500 | $400,000-$499,999 | 1,941.2 |
| Meemic Insurance | 1000 | $300,000-$399,999 | 1,451.1 |