Hanover Park, IL Home Insurance - Analysis On Quotes, Rates & Agents
Hanover Park Insurance Rates:
Hanover Park, IL homeowners insurance is nearly $660 to $897, about $55-$74/month. Our detailed analysis reveals consumers can save as much as $311 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Hanover Park, IL Homeowners Insurance By Home Value
| Hanover Park, IL Home Value | Total Homes | % of Total | Average Hanover Park, IL Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 165 | 1.0% | $93 |
| $60,000 to $69,999 | 111 | 1.0% | $256 |
| $80,000 to $89,999 | 154 | 1.0% | $334 |
| $100,000 to $124,999 | 596 | 7.0% | $435 |
| $125,000 to $149,999 | 862 | 10.0% | $544 |
| $150,000 to $174,999 | 1,184 | 13.0% | $637 |
| $175,000 to $199,999 | 1,311 | 15.0% | $739 |
| $200,000 to $249,999 | 2,006 | 23.0% | $894 |
| $250,000 to $299,999 | 1,321 | 15.0% | $1089 |
| $300,000 to $399,999 | 603 | 7.0% | $1384 |
Top Home Insurance Agents Near Hanover Park, IL
| Home Insurance Company Near Hanover Park, IL | Homeowners Insurance Agency Near Hanover Park, IL | Address |
|---|---|---|
| NA | Lawrence A. Golz Company, Inc. | 2 Club Dr , Oak Brook, IL, 60523 |
| Liberty Mutual Independent | Buschbach Ins Agency Inc | 5615 W 95TH ST, OAK LAWN, IL, 60453 |
| State Farm | George Skott | 1087 N Salem Dr, Schaumburg, IL, 60194-1331 |
| Travelers | Insurance Brokers Inc | 7547 N ROGERS AVE, CHICAGO, IL, 60626 |
| Travelers | Young Kim Insurance Agency | 960 RAND RD STE 206, DES PLAINES, IL, 60016 |
Hanover Park, IL Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Hanover Park, IL
| Streets in Hanover Park Area | Homeowners Insurance Cost |
|---|---|
| Shorewood Dr, Nantucket Ct, Schooner Ln, Tiburon Ct, Redwood Ln, Stockport Ct, Wentworth Ln, Spinnaker Ln, Stonehurst Dr, Norfolk Ct | $786 |
| Windham Ln, Newport Blvd, Ct F, Chalet Dr, Lincoln Dr, N Windsor Cir, Columbia Cir, Leeward Ln, Birmingham Ct, Stark Dr | $795 |
| Stonebridge Ct, Aron Ct, Faith Ln, Shorewood Ct, Martin Ct, Harbor Ter, Dublin Ln, Pembrook Cir, Sundance Dr, Victor Ln | $815 |
| Isle Royal Ln, Ontarioville Rd, Bragg St, Edington Ln, Tennyson Rd, Grant Ct, Hampshire Ct, San Simeon Dr, Colby Commerce Dr, Old Gary Ave | $782 |
| Castlewood Ln, Hancock St, Ashbury Ln E, Sacramento Dr, Muscovy Ln, Thorn Rd, Chelsea Cove, Brookbank Dr, Ct O, Redwing Ct | $782 |
Hanover Park, IL Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Hanover Park | $116 to $119 |
| Roselle | $121 |
| Streamwood | $117 |
| Bloomingdale | $120 |
Hanover Park, 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 |
|---|---|---|---|
| Roselle village, Illinois | $102 | $135 | $203 |
| Streamwood village, Illinois | $98 | $130 | $195 |
| Bloomingdale township, DuPage County, Illinois | $100 | $133 | $200 |
Hanover Park, IL Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Hanover Park, IL | 3.5% | 10.2% |
| Roselle | 3.45% | 9.95% |
| Streamwood | 3.6% | 10.7% |
| Bloomingdale | 3.38% | 8.95% |
Hanover Park Renters Insurance as a Percentage of Rent
| Hanover Park Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 45 | 2.0% | $780 |
| $500 to $749 | 124 | 5.0% | $1905 |
| $750 to $999 | 908 | 42.0% | $2655 |
| $1,000 to $1,499 | 608 | 28.0% | $3780 |
| $1,500 or more | 436 | 20.0% | $5430 |
Hanover Park, IL Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,200 | $4,200 |
| Yearly Hanover Park Homeowner Insurance Premium Example | $1,400 | $900 |
| Out of Pocket Expense During Claim | $1,200 | $4,200 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $11,000 | $10,500 |
| Net Savings to Hanover Park Home Owner from High Deductible Plan | $500 | |
Hanover Park, IL Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Hanover Park, IL Home Replacement Value MORE than Home Value | Hanover Park, IL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $237,000 | $181,000 |
| Insurance Premium based on Replacement Value | $1,050 | $800 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $27,000 | Risk Exposure from Under Insuring Coverage is $29,000 |
| Premium Impact | Insurance cheaper by $125/year | Insurance costlier by $125/year |
Example Hanover Park Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Chubb Group of Insurance | State Farm | Travelers |
| Monthly Premium | 87 | 70 | 127 |
| Year Built | 1998 | 1974 | 1983 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 2 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $175000-$200000 | $250000-$300000 | $500000-$600000 |
| Deductible | $500- $1000 Deductible | $2500-$5000 Deductible | $5000 to $10,000 Deductible |
Sample Home Insurance Rates for Hanover Park, IL from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1998 | 225,000 | Shingles Roof | 1,750 | 5 | $1000-$2500 Deductible | 740 | 7 | Brick siding | yes |
| 1972 | 225,000 | Shingles Roof | 1,730 | 3 | $500- $1000 Deductible | 900 | 8 | Wood siding | yes |
| 2007 | 255,000 | Asphalt Shingles Roof | 2,820 | 5 | $2500-$5000 Deductible | 170 | 2 | Wood siding | No |
| 1976 | 245,000 | Metal Roof | 2,140 | 4 | $5000 to $10,000 Deductible | 60 | 1 | Brick siding | yes |
| 1991 | 155,000 | Wood Shake Roof | 1,560 | 3 | $1000-$2500 Deductible | 370 | 6 | Stone Siding | No |
| 1975 | 350,000 | Asphalt Shingles Roof | 3,320 | 5 | $500- $1000 Deductible | 1280 | 10 | Brick siding | No |
| 1970 | 165,000 | Membrane Roof | 1,650 | 3 | $500 Deductible | 740 | 8 | Vinyl siding | yes |
| 1974 | 445,000 | Wood Shake Roof | 4,830 | 5 | > $10,000 Deductible | 570 | 6 | Vinyl siding | No |
| 1998 | 430,000 | Metal Roof | 3,850 | 5 | $1000-$2500 Deductible | 1280 | 9 | Wood siding | yes |
| 1984 | 225,000 | Tile Roof | 2,110 | 5 | > $10,000 Deductible | 160 | 3 | Stucco siding | yes |
| 1990 | 555,000 | Asphalt Shingles Roof | 4,970 | 5 | $1000-$2500 Deductible | 1760 | 9 | Vinyl siding | yes |
| 1989 | 405,000 | Membrane Roof | 3,100 | 5 | $500 Deductible | 1840 | 12 | Vinyl siding | yes |
| 1997 | 185,000 | Metal Roof | 1,760 | 5 | $1000-$2500 Deductible | 510 | 7 | Stone Siding | yes |
| 1997 | 250,000 | Wood Shake Roof | 2,100 | 4 | $1000-$2500 Deductible | 390 | 4 | Wood siding | No |
| 1999 | 270,000 | Tile Roof | 2,140 | 3 | $5000 to $10,000 Deductible | 330 | 7 | Fiber-Cement Siding | yes |
| 1987 | 190,000 | Wood Shake Roof | 1,560 | 5 | $2500-$5000 Deductible | 520 | 12 | Stone Siding | No |
| 1990 | 415,000 | Composition Roof | 3,210 | 5 | $5000 to $10,000 Deductible | 220 | 3 | Fiber-Cement Siding | yes |
| 1985 | 135,000 | Shingles Roof | 1,370 | 3 | $1000-$2500 Deductible | 220 | 5 | Wood siding | No |
| 1992 | 285,000 | Membrane Roof | 2,250 | 3 | $5000 to $10,000 Deductible | 520 | 6 | Stone Siding | yes |
| 1998 | 180,000 | Tile Roof | 2,010 | 4 | $2500-$5000 Deductible | 360 | 7 | Stone Siding | No |
| 2008 | 305,000 | Metal Roof | 2,870 | 4 | $1000-$2500 Deductible | 200 | 2 | Vinyl siding | yes |
| 1979 | 405,000 | Asphalt Shingles Roof | 3,280 | 4 | $500 Deductible | 590 | 4 | Brick siding | No |
| 1979 | 380,000 | Composition Roof | 3,130 | 5 | $500- $1000 Deductible | 160 | 1 | Wood siding | yes |
| 1995 | 455,000 | Tile Roof | 4,890 | 5 | $2500-$5000 Deductible | 1170 | 8 | Fiber-Cement Siding | No |
| 1984 | 530,000 | Shingles Roof | 4,940 | 5 | $500 Deductible | 2810 | 10 | Vinyl siding | yes |
| 1980 | 350,000 | Membrane Roof | 3,280 | 4 | $500 Deductible | 1120 | 8 | Fiber-Cement Siding | No |
| 1972 | 290,000 | Shingles Roof | 2,710 | 5 | $500- $1000 Deductible | 130 | 1 | Stucco siding | yes |
| 1992 | 210,000 | Slate Shingles Roof | 1,910 | 4 | $1000-$2500 Deductible | 300 | 4 | Brick siding | yes |
| 2000 | 200,000 | Metal Roof | 2,280 | 3 | $500 Deductible | 780 | 12 | Vinyl siding | yes |
| 2006 | 200,000 | Slate Shingles Roof | 2,050 | 3 | $500 Deductible | 160 | 2 | Wood siding | No |
| 2005 | 200,000 | Slate Shingles Roof | 1,960 | 5 | $2500-$5000 Deductible | 470 | 10 | Wood siding | No |
| 1971 | 255,000 | Slate Shingles Roof | 1,970 | 4 | $2500-$5000 Deductible | 470 | 6 | Stone Siding | yes |
| 1988 | 355,000 | Metal Roof | 3,580 | 5 | $2500-$5000 Deductible | 160 | 1 | Stone Siding | yes |
| 2002 | 145,000 | Shingles Roof | 1,410 | 3 | $2500-$5000 Deductible | 150 | 4 | Vinyl siding | yes |
Latest Home Insurance Reviews
AllstateThe Allstate branch office I call has always been quick to help whenever I've had to discuss any issues with my home or my policy.
Pekin InsuranceThe customer service was not great. once the claim was approved, the process took months. we would go several weeks without even hearing back from our claims rep. he actually went on a three weeks vacation without telling us and delayed our roof to a point of critical importance.
Erie InsuranceCompared to other renters insurance, I am paying a lot more for the required minimum for my apartment. I have checked on websites like Lemonade and I could be paying 5 a month vs 15.
State FarmI would definitely recommend State Farm. The customer service is fantastic and the wide range of service offerings mean you can bundle and save money.
State FarmThe premium was relatively higher compared to other quotes I received but that was because of a gap in my homeowners insurance coverage. The deductible wasn't too bad when it came to wind damage.
Farmer's InsuranceWhat i like about farmers is that they took time to explain their policy— limits, deductibles, etc. it helped me understand what i was getting.
GeicoTheir bundle price is not the best in the town. if you bundle, others have somewhat lower price in comparison.
State FarmI've not been completely pleased with the communication and swiftness with which are claims have been dealt with in the past. They've been dealt with to a financial satisfaction standpoint for me, but it took teeth pulling and delays that I feel were not at all necessary given the extremely low number, almost non-existent, amount of claims IÃḃ€™ve submitted.
AaaI am receiving better coverage than I did last year with a different company and I am paying approximately 20% less than I had previously paid.
GeicoI like that I am able to log in easily to make payments or access my policy from my phone or any computer. The website is easy to use and easy to understand.
Country FinancialI use the mobile website for Country. After logging in, It connects me to my agent. The mobile site is easy to navigate and is a friendly experience. It does lack some information, but it will direct me to my agent in those cases. I am happy with its use.
AllstateI am so satisfied with the company support and nice friendly people I always feel like I'm being done real good with my money.
Meemic InsuranceSo far there is nothing that I dislike and I have been a customer for over twenty years.
TravelersI would recommend my company because they have great rates when you take multiple policies with them.