Melrose Park Insurance Rates:

Melrose Park, IL homeowners insurance is about $663 to $910, about $55-$75/month. Our detailed analysis reveals consumers can save as much as $314 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Crum & Forster Insurance
Surprisingly, i didn't insure my house against fire, but what crum & forster insurance did for me during the recent disaster that happened to my house was amazing, you should come see it.
Geico
I don't like all the emails i get from them. it seems like they have so many newsletters that they send out to their customers. it includes things that i don't need and i am always having to delete emails from them. they send out a lot of paper mailings too and i feel as if this is a waste of money and resources. perhaps my premium would be lower if they didn't spend so much money on these things.
Liberty Mutual
One thing that has the potential to be both positive and negative about liberty mutual home insurance was that they base your costs on your credit rating. if you go through a rough time you could see increase in costs. on the other hand, my husband and i were able to get a fantastic rate, which felt like a reward for a good credit rating.
Aaa
I am very impressed with Farmers Customer service. Any issue I have gets communicated to the right department and an answer gets back to me in a very short time.
State Farm
I like that they have an accessible agent who is just around the corner.
Geico
I like that they give you a variety of options for communication. You can choose between phone, email, mail, and text. All the different options make it really convenient for all types of people.

Melrose Park, IL Homeowners Insurance By Home Value

Melrose Park, IL Home Value Total Homes % of Total Average Melrose Park, IL Homeowners Insurance
Less than $50,000 398 9.0% $86
$50,000 to $59,999 52 1.0% $188
$70,000 to $79,999 67 1.0% $275
$80,000 to $89,999 57 1.0% $306
$90,000 to $99,999 44 1.0% $346
$100,000 to $124,999 340 8.0% $401
$125,000 to $149,999 201 5.0% $503
$150,000 to $174,999 470 11.0% $590
$175,000 to $199,999 268 6.0% $684
$200,000 to $249,999 617 15.0% $826
$250,000 to $299,999 755 18.0% $1007
$300,000 to $399,999 725 18.0% $1282

Top Home Insurance Agents Near Melrose Park, IL

Home Insurance Company Near Melrose Park, IL Homeowners Insurance Agency Near Melrose Park, IL Address
State Farm Bernie Majewski 800 E Northwest Hwy Ste 101, Mt Prospect, IL, 60056-3457
Allstate Christine Toczek 11242 S Harlem Ave, Worth, IL, 60482
State Farm Donna Lavin 721 E Golf Rd, Schaumburg, IL, 60173-4511
State Farm John Yelkich 409 Main St, Hobart, IN, 46342-4443
State Farm Tony Falduto 5434 S Kedzie, Chicago, IL, 60632-2620

Cost Of Homeowners Insurance By Street Near Melrose Park, IL

Streets in Melrose Park Area Homeowners Insurance Cost
Edgington St, Nevada Ave, Bloomingdale Ave, Drummond Pl, Winston Ct, 17th Ave, Nevada Ave, W Palmer Ave, E Major Dr, Montana St$781
Hirsch Ter, N 24th Ave, Indian Boundary Dr, Division Pl, N 15th Ave, Rice St, N Harold Ave, Medill Ave, Hawk Ave, Proviso Dr$728
West St, Sparrow St, Robin St, Soffel Ln, Richard St, 31st Ave, Hirsch St, Altgeld St, N 34th Ave, Rose Dr$701
43rd Ave, Carson Dr, N 20th Ave, W Ridge St, Norwood St, Leyden Ave, Mc Lean Ave, N Clarke St, Parklane Ave, Finley Ave$785
N 13th Ave, N 45th Pl, Cortez St, Kirschoff St, N Spruce St, Lee Dr, Cortez St, Castello Ave, W Le Moyne Ave, Beulah Ave$818

Melrose Park, IL Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Melrose Park$117 to $120
Stone Park$114
River Grove$117
Northlake$116

Melrose 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
Stone Park village, Illinois $96 $127 $191
Bellwood village, Illinois $95 $127 $190
Maywood village, Illinois $96 $127 $191

Melrose Park, 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
Melrose Park, IL3.6%11.4%
Bellwood3.76%10.34%
Maywood3.62%9.34%
River Grove3.57%12.23%

Melrose Park Renters Insurance as a Percentage of Rent

Melrose Park Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 64 1.0% $1225
$500 to $749 1,014 30.0% $1900
$750 to $999 1,288 38.0% $2650
$1,000 to $1,499 788 23.0% $3775
$1,500 or more 210 6.0% $5425

Melrose Park, IL Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,600$2,600
Yearly Melrose Park Homeowner Insurance Premium Example $700$500
Out of Pocket Expense During Claim$1,600$2,600
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $7,200$6,600
Net Savings to Melrose Park Home Owner from High Deductible Plan $600

Melrose Park, IL Home Insurance Costs With Home Replacement Value Scenarios

Scenario Melrose Park, IL Home Replacement Value MORE than Home Value Melrose Park, IL Home Replacement Value LESS than Home Value
Replacement Value $281,000 $157,000
Insurance Premium based on Replacement Value $1,550 $875
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $61,000 Risk Exposure from Under Insuring Coverage is $63,000
Premium Impact Insurance cheaper by $350/year Insurance costlier by $325/year

Example Melrose Park Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company GEICO InsuranceAmica Mutual Insurance CompanyNationwide Insurance
Monthly Premium 979961
Year Built 194519571979
Home Details 2 Beds, 1 Baths3 Beds, 2 Baths4 Beds, 2 Baths
Coverage Amount $200000-$250000$200000-$250000$250000-$300000
Deductible $500 Deductible$500 Deductible> $10,000 Deductible

Sample Home Insurance Rates for Melrose 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
1960 215,000 Wood Shake Roof 1,950 3 > $10,000 Deductible 50 1 Brick siding yes
1978 315,000 Shingles Roof 3,040 4 $500 Deductible 1040 9 Wood siding yes
1945 270,000 Wood Shake Roof 2,750 4 $5000 to $10,000 Deductible 640 8 Wood siding yes
1948 265,000 Membrane Roof 2,110 3 $2500-$5000 Deductible 1010 12 Stucco siding yes
1975 365,000 Tile Roof 2,900 4 $500- $1000 Deductible 1220 8 Stucco siding yes
1942 195,000 Membrane Roof 1,850 4 $500- $1000 Deductible 260 3 Wood siding yes
1977 220,000 Shingles Roof 1,620 3 > $10,000 Deductible 220 4 Fiber-Cement Siding yes
1973 290,000 Shingles Roof 2,650 4 $500- $1000 Deductible 1210 10 Stone Siding No
1947 330,000 Wood Shake Roof 3,040 4 $2500-$5000 Deductible 310 3 Brick siding No
1954 165,000 Shingles Roof 1,680 2 $500 Deductible 70 1 Brick siding yes
1963 140,000 Wood Shake Roof 1,220 2 $1000-$2500 Deductible 470 9 Fiber-Cement Siding No
1975 245,000 Composition Roof 2,380 4 $500- $1000 Deductible 190 2 Stucco siding yes
1940 210,000 Wood Shake Roof 1,520 3 $2500-$5000 Deductible 250 4 Wood siding No
1979 120,000 Shingles Roof 1,150 2 $500- $1000 Deductible 170 5 Brick siding yes
1957 340,000 Asphalt Shingles Roof 2,970 4 $1000-$2500 Deductible 600 5 Stone Siding yes
1945 230,000 Shingles Roof 2,260 3 $1000-$2500 Deductible 620 9 Brick siding No
1958 260,000 Shingles Roof 1,920 4 $500 Deductible 1640 12 Stucco siding yes
1961 265,000 Asphalt Shingles Roof 1,890 3 $500- $1000 Deductible 900 10 Stucco siding yes
1940 125,000 Tile Roof 1,100 2 $1000-$2500 Deductible 90 2 Stucco siding yes
1952 160,000 Membrane Roof 1,310 3 $2500-$5000 Deductible 50 1 Brick siding No
1949 175,000 Wood Shake Roof 1,230 2 $500- $1000 Deductible 290 6 Brick siding No
1962 180,000 Composition Roof 1,280 2 $2500-$5000 Deductible 50 1 Brick siding yes
1959 150,000 Wood Shake Roof 1,460 3 $2500-$5000 Deductible 140 3 Wood siding yes
1967 225,000 Shingles Roof 2,000 3 > $10,000 Deductible 280 6 Vinyl siding No
1940 185,000 Membrane Roof 1,340 3 $500- $1000 Deductible 400 6 Vinyl siding yes
1941 225,000 Metal Roof 1,650 4 $1000-$2500 Deductible 660 8 Fiber-Cement Siding No
1943 270,000 Asphalt Shingles Roof 2,230 3 $2500-$5000 Deductible 1030 12 Brick siding yes
1956 205,000 Tile Roof 1,950 4 $500- $1000 Deductible 520 5 Fiber-Cement Siding yes
1958 455,000 Asphalt Shingles Roof 3,350 4 $500- $1000 Deductible 1030 6 Brick siding No
1957 225,000 Membrane Roof 2,270 3 $1000-$2500 Deductible 390 5 Stone Siding No
1954 330,000 Tile Roof 2,350 4 $500- $1000 Deductible 1340 12 Vinyl siding yes
1964 140,000 Metal Roof 1,010 2 $2500-$5000 Deductible 50 1 Wood siding No
1944 270,000 Shingles Roof 2,370 4 $2500-$5000 Deductible 280 3 Wood siding No
1950 390,000 Asphalt Shingles Roof 2,820 4 $500- $1000 Deductible 1520 8 Wood siding yes