Naperville ,IL Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Naperville, IL homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Naperville, IL is $1661. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Naperville, IL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Naperville, IL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $664 |
| $200,000 | $1,129 |
| $300,000 | $1,395 |
| $400,000 | $2,126 |
| $500,000 | $2,674 |
Home insurance costs in Naperville can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 060564 | $2,161 |
| 60540 | $2,139 |
| 60565 | $2,121 |
| 60563 | $2,068 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Naperville, IL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,703 |
| $1000 Deductible | $1,523 |
| $1500 Deductible | $1,437 |
| $2500 Deductible | $1,296 |
| $5000 Deductible | $1,096 |
| Home Insurance Company Near Naperville, IL | Homeowners Insurance Agency Near Naperville, IL | Address |
|---|---|---|
| State Farm | Bill Bryan | 6942 Grand Ave, Hammond, IN, 46323-2570 |
| Farmers | Courtney Kavanaugh | 414 Plaza Dr Ste 101, Westmont, IL, 60559 |
| State Farm | Enrique Carbajal | 5301 W 79th St, Burbank, IL, 60459-1403 |
| Travelers | Midwest Insurance Center | 944 W Us Highway 30, Schererville, IN, 46375 |
| Farmers | Toyas Rudolph | 2007 Ridge Rd, Homewood, IL, 60430 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Lisle township, DuPage County, Illinois | $105 | $139 | $209 |
| Bolingbrook village, Illinois | $99 | $132 | $198 |
| Wheatland township, Will County, Illinois | $107 | $142 | $213 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Naperville, IL | 2.9% | 7.9% |
| Lisle | 3.17% | 8.46% |
| Bolingbrook | 3.31% | 9.76% |
| Wheatland | 2.68% | 7.23% |
| Naperville Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 299 | 2.0% | $1183 |
| $500 to $749 | 276 | 2.0% | $1858 |
| $750 to $999 | 1,761 | 16.0% | $2608 |
| $1,000 to $1,499 | 5,305 | 48.0% | $3733 |
| $1,500 or more | 3,118 | 28.0% | $5383 |
| Streets in Naperville Area | Homeowners Insurance Cost |
|---|---|
| Bluejay Ln, Boulder Ridge Ct, Ford Ln, Brossman St, Joe Willie Ct, S Rivercrest Dr, St Croix Ave, Applewood Dr, 252nd Ave, Massachusetts Ave | $907 |
| Gleneagles Ct, Clubhouse St, Springdale Cir, Hampshire Ct, Rivermist Ct, Kings Rd, Ashcroft Dr, Petworth Ct, Saffron Ln, Park Ln | $848 |
| Plainfield/naperville Rd, Lobelia Cir, Midhurst Ct, Kubek Rd, Danube Way, Willow Ridge Dr, Staffeldt Dr, Bluewater Cir, S Naper Romeo Rd, Putnam Dr | $832 |
| Weinhold Dr, Denise St, Glenn Cir, Calvert Ct, Callery Rd, Potomac Ave, Kingbird Ln, Redwing Ct, Grommon Rd, Covington Ct | $883 |
| Chaparral Dr, Orwell Rd, Northmoor Dr, Townsend Cir, Crystal Rock Rd, Alago Rd, S Normantown Rd, River Hills Ln, Royal County Down Dr, Beaver Creek Dr | $934 |
| Senna Ct, Cordgrass Rd, Michele Ct, Wishing Well Ln, Farmgate Dr, Forsythia St, Countryside Cir, Robert Ln, Lavergne St, Bennington Ct | $870 |
| Evon St, Bergamot Ln, Marina Dr, W Robin Ln, River Hills Ct, Cresthaven Ln, Walton Heath Dr, Steamboat Rd, Glenview Ln, Presley Cir | $889 |
| Waterford Ct, McGrath Ln, Fesseneva Ln, Nicanoa Ln, Kewanee Ln, Stoneleigh Ct, Rhine Ave, Trussel Rd, Co Hwy 1, Wicklow Rd | $889 |
| Palisades Dr, Waterleaf Ct, Palmer Ct, Saganashkee Ln, Amherst Ct, S Wolf Dr, W Andrew Rd, Bluemont Ct, Knoch Knolls Rd, Crabapple St | $889 |
| Parador Dr, Stillwater Ct, Royce Rd, Douglas Dr, Crimson Ct, Winter Park Ct, Timber Creek Ln, Blue Heron Cove, Haddam Rd, Niswender Dr | $881 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Naperville | $129 to $132 |
| Lisle | $125 |
| Bolingbrook | $118 |
| Wheatland | $128 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,800 | $8,800 |
| Yearly Naperville Homeowner Insurance Premium Example | $3,200 | $2,200 |
| Out of Pocket Expense During Claim | $1,800 | $8,800 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $27,400 | $26,400 |
| Net Savings to Naperville Home Owner from High Deductible Plan | $1,000 | |
| Scenario | Naperville, IL Home Replacement Value MORE than Home Value | Naperville, IL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $488,000 | $322,500 |
| Insurance Premium based on Replacement Value | $2,775 | $1,850 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $113,000 | Risk Exposure from Under Insuring Coverage is $52,500 |
| Premium Impact | Insurance cheaper by $300/year | Insurance costlier by $625/year |
| Insurance Company | American Family Insurance | Farmers Insurance | Allstate |
| Monthly Premium | 271 | 176 | 77 |
| Year Built | 2014 | 2005 | 1995 |
| Home Details | 5 Beds, 4 Baths | 3 Beds, 2 Baths | 2 Beds, 1 Baths |
| Coverage Amount | $800000-$900000 | $400000-$500000 | $250000-$300000 |
| Deductible | $1000-$2500 Deductible | $1000-$2500 Deductible | $1000-$2500 Deductible |