How To Make Your Elgin, IL Home Insurance Cheaper
Elgin, IL, homeowners insurance is about $833. 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 Elgin, 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 ($) |
|---|---|---|---|---|---|
| Elgin, IL | $833.0 | -481.0 | -0.37 | 109,513 | 171,200 |
Cost of Elgin, IL Homeowners Insurance by Home Value and Household Income
| Nearby Places | Median Home value ($) | Median Household Income ($) | Premium Range |
|---|---|---|---|
| Carpentersville | 158,500 | 5,667 | $807 |
| Crystal Lake | 208,500 | 6,387 | $899 |
| Long Grove | 654,200 | 25,860 | $884 |
| Ringwood | 293,600 | 26,034 | $1,033 |
Homeowners Insurance Comparison for the Cheapest Premiums in Elgin, IL
| Amica Mutual Insurance | GEICO | Westfield Insurance | |
| Median Home Value ($) | 171,200 | 171,200 | 171,200 |
| Age of Home | Year 40 Old | Year 40 Old | Year 40 Old |
| Home Coverage ($) | $1000,000 -$1499,999 | $1500,000 -$2000,000 | $300,000 -$399,999 |
| Total Premium ($) | $4,745.5 | $4,922.2 | $2,170.1 |
Cost of Elgin, IL Home insurance Premium for Different Deductibles
| Company | Deductible ($) | Coverage value | Insurance premium ($) |
|---|---|---|---|
| AAA | 500 | $1500,000-$2000,000 | 4,188.1 |
| Nationwide | 1000 | $250,000-$299,999 | 1,413.4 |
| American National Property and Casualty Company | 500 | $200,000-$249,999 | 980.8 |
| State Farm | 1500 | $300,000-$399,999 | 1,675.1 |
| Homesite Insurance | 1500 | $1500,000-$2000,000 | 3,799.6 |
| Encompass Insurance | 1500 | $200,000-$249,999 | 889.8 |
| Farmer's Insurance | 500 | $300,000-$399,999 | 1,846.5 |
| Westfield Insurance | 2000 | $150,000-$174,999 | 556.7 |
| Liberty Mutual | 500 | $175,000-$199,999 | 820.8 |
| Safeco Insurance | 1000 | $1500,000-$2000,000 | 4,015.4 |