Peoria, IL Home Insurance - Analysis On Quotes, Rates & Agents

Peoria, IL Insurance Rates:

The average cost of home insurance in the U.S. is $1,438. But, the cost of home insurance in a specific region depends on various factors including Zip Code, age, and value of the house, construction time, etc. The average cost of insurance in Peoria, IL is $725 Enter your Zip Code in the banner below to get instant home insurance quotes. vHomeInsurance undertook a detailed analysis of the cost of insurance in Peoria, IL.

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Average Home Insurance Premium in Peoria, IL

National Average Premium State Average Premium Peoria Average Premium
$1,438 $850 $725

Top Home Insurance Companies in Peoria, IL | Back to Top

The following is a list of home insurance companies that provide the best home insurance quotes in Peoria, IL

Company Name Coverage $70,000 Coverage $150,000 Coverage $200,000 Coverage $350,000
Aaa $818 $982 $1,277 $1,762
Lm General $921 $1,105 $1,436 $1,982
Erie Insurance $1,200 $1,440 $1,872 $2,584
Liberty Mutual $835 $1,002 $1,302 $1,797

Peoria, IL Homeowners Insurance for Different Coverages | Back to Top

Coverage Type Home Insurance Cost($)
$100,000 To $124,999 612.49
$150,000 To $174,999 824.2
$175,000 To $199,999 1,035.84
$200,000 To $249,999 1,255.87
$250,000 To $299,999 1,824.86
$300,000 To $399,999 2,388.99
$400,000 To $499,999 2,792.83
$500,000 To $749,999 3,574.82
$750,000 To $999,999 4,133.39
$1000,000 To $1499,999 4,552.31
$1500,000 To $2000,000 4,887.45

Visual Guide for Peoria, IL Home Insurance Buyers on Insurance Companies and Rates

Top Home Insurance Agents Near Peoria, IL | Back to Top

Home Insurance Company Near Peoria, IL Homeowners Insurance Agency Near Peoria, IL Address
Allstate Affinty Financial And Insurance Grp Inc 2412 E Washington St, East Peoria, IL, 61611
Erie Ledgestone Insurance Group Inc. 1142 Peoria Street, Washington, IL, 61571

List of Peoria, IL Home Insurance Agents by Companies


Peoria, IL Homeowners Insurance Rates Based on Claims Filed | Back to Top

Homeowners in Peoria, IL who have no previous history of claims filed are eligible for a discount of $101.5. Homeowners in Peoria, IL with one claim have to pay an additional home insurance rate of $65, while homeowners with 2 claims have to pay an additional $87 on their home insurance premium.

Type of Claim Homeowners Insurance Cost Increase/Decrease($) Homeowners Insurance Cost($)
No Claim Discount -102 624
One Claim +65 790
Two Claim +87 812


Peoria, IL Homeowners Insurance by Zip Code | Back to Top

Zip Code Median Home Value($) Home Insurance Cost($)
61606 99,400 674
61604 94,000 689
61605 44,700 689
61602 221,700 685
61615 180,900 734

Factors Affecting Home Insurance Premiums in Peoria, IL

The average home insurance premium in Peoria, IL is $725. There are various factors in Peoria, IL that affect home insurance premiums. vHome Insurance lists the factors that could help homeowners reduce their home insurance rates.

Peoria, IL Home Insurance Premium Based on the Number of Bedrooms | Back to Top

Bedroom Size Average Homeowners Insurance Cost($)
2 Bedroom 659
3 Bedroom 706
4 Bedroom 1,505
5 Bedroom 2,117

Peoria, IL Home Insurance Premiums for Different Deductibles | Back to Top

Peoria, IL Homeowners who pay a deductible of $500 pay a higher amount for home insurance, while Peoria, IL homeowners who pay a deductible as high as $2500 pay a lower amount on their home insurance rates, as seen in the table below.

Deductible Type Average Homeowners Insurance Cost($)
$500 Deductible 716
$1000 Deductible 648
$1500 Deductible 610
$2000 Deductible 554
$2500 Deductible 521

Peoria, IL Homeowners Insurance Premium Based on the Age of the Home | Back to Top

Homeowners in Peoria, IL pay a much lower home insurance rate if their homes are newly constructed. Homeowners with homes that are older than 50 years pay a much higher rate on their home insurance premium as seen in the table below.

Home Age Homeowners Insurance Cost($)
Newly Constructed Home 573
Year 30 Old 736
Year 40 Old 744
Year 50 Old 753
Above Year 50 760

Peoria, IL Homeowners Insurance Cost Based on the Construction Type of the Home | Back to Top

Construction Type Home Insurance Cost Savings($) Home Insurance Cost($)
Fire Resistive 102 624
Masonry 36 689
Brick 36 689
Superior 73 653
Hail Resistant Roof 22 703

Top Saving Tips on Peoria, IL Homeowners Insurance | Back to Top

Homes that are built using sturdy materials have less propensity to damage. Owing to this, Peoria, IL homes built with sturdy materials earn discounts on homeowners insurance. Peoria, IL homeowners who have clubbed their auto insurance policy with home insurance also receive discounts from home insurance companies. Apart from this, home insurers provide discounts to Peoria, IL senior citizens. Peoria, IL homes attract a considerable amount of discounts depending on the type of home safety devices installed in the household.

The tables below contain the complete list of discounts that Peoria, IL homeowners can avail to increase their savings.

Peoria, IL Auto & Homeowners Insurance Bundling Discounts and Senior Citizen Discounts

Discount Type Home Insurance Cost Savings($) Home Insurance Cost($)
Bundle Discount 123 602
Retiree Discount (Senior Citizen Discount) 102 827
Newly Constructed Home 152 573

Peoria, IL Home Insurance Discounts for Home Safety Devices | Back to Top

Home Safety Devices Home Insurance Cost Savings($) Home Insurance Cost($)
Deadbolts 87 638
Fire Extinguishers 51 674
Smoke Detectors 73 653
Sprinkler System 94 631
Fire Alarm 58 667
Burglar Alarm 65 660
Lightning Protection 22 703

Latest Home Insurance Reviews

Travelers
They are friendly, passionate and know what they are doing.
Amica Mutual Insurance
They have a great reputation and low rates. I would encourage anyone to give them a call.
Allstate
Everytime I've had to either pay my bill / verify my insurance it has been smooth and swift with no issues nor hiccups during any of my encounters
Progressive
I would absolutely recommend Progressive to other buyers. Can get the same coverages as other providers but for much cheaper.
Allstate
IN MOST SITUATION MY CURRENT INSURANCE COMPANY THAT CHOSEN HAS BEEN GREAT. I WOULD GIVE A RATING OF 4 STARS, AND THE ONLY REASON NOT FIVE STAR RATING IS THAT I THINK THEY ARE LITTLE HIGH.
Farmer's Insurance
My experience with Farmer's Insurance has been very good. I had a leak in my upstairs restroom that started leaking into my downstairs living room.
Progressive
Deductible is $5000 for home, which is acceptable. Monthly premium is low for a new home in this urban area.
Liberty Mutual
I have never had a problem with Liberty Mutual. They have given me the cheapest quote.
Allstate
Every time I have called, they have been very helpful. Barely had to wait on the phone. The offices however can't process claims, and they make you call the 1800 Allstate number.
Aaa
The rates were a bit higher than other companies we shoppped.
Erie Insurance
Premium and deductible are better with Erie than other insurance companies, we did a lot of research before selecting erie, premium is low.
Metlife
I would recommend this company based on my experiences with the company. The customer service has been excellent the few times I have needed to contact them. The prices are a good value and I am happy with the company,
Aaa
It is what it is. Comparable pricing and needed product. Wish it was cheaper, but i understand that their costs are increasing like everything else.
State Farm
One thing i really enjoy about state farm is the fact that the agents are all local people in the community.
State Farm
One thing i do not like about state farm is the wait time when you go into the building. it is unnecessary.
State Farm
Our hot water heater leaked all over our laundry room while we were gone on vacation. we came back to a mess. state farm helped us figure out what to do and where to go to fix it. i am so grateful they gave us advice.
Nationwide
I am happy. It is enough, not too much or too little, and when someone does reach out, they're always friendly and helpful.
Homesite Insurance
Homesite allows multi-policy discounts to bundle your home and auto insurances since they are partnered with progressive insurance company.
Grange Insurance
I feel like the premium could be cheaper considering the policy isn't the best really but other than that it is okay
Amica Mutual Insurance
I have seen other quotes for similar coverage from other companies and believe that my current policy is fairly priced in comparison.
Erie Insurance
I get all the communication I need, and none of the communication I don't need.
Aaa
I don't like receiving constant ads about other services. I sometimes feel like they do not explain certain parts of the ball well.
Geico
I dislike having to pay a premium. I dislike the entity of insurance and the profiteering from fear. we all know insurance companies are making a bit of money.
American Family
I don't have anything I dislike about the company. Would I love cheaper rates of course but I think when you stack American Family up against other insurance carriers they are superior in price, coverage and customer service.
Meemic Insurance
I would reccomend our home insurance, it's less expensive than most other insurances and we get great coverage. the only thing is, i think you have to be a teacher or employed but the government to be eligible for our particular plan.
Geico
I would recommend Geico to friends and family because rates are competitive and company does its business right - customer service reps are always available and always wiling to go out of their way to help.
Safeco Insurance
This policy costs more than others but they insure more than other ones do.. I can have a trampoline, and a lot of other companies won't cover you if you have them.
Geico
I have never used another provider so I don't really know what the other options are. this one has just worked for me and been a good price
State Farm
Overall, the company provides me with a sense of security. I have had my current insurance company for almost 20 years and I have never once had a major issue with them. I know that if need be I have that extra protection available to me and great customer service agents to assist me along the way.
Aaa
They are always available, always helpful and very reasonably priced compared to others. They allow for discounts for 100 different things which keeps me coming back to them always. Never had an issue with the amount of time anything takes to do.
Homesite Insurance
Overall, I like the amount of coverage they offered us and the premium we pay. It seems like a good deal for all that we get!
Farmer's Insurance
They are very professional. They are very helpful. Communication with them is easy because I can email them and I receive a response within 24 hours.
Aaa
There is nothing that I dislike. The customer service is great. The premium is competitive. Its a great insurance company.