Salem Insurance Rates:

Salem, IL homeowners insurance is about $612 to $830, about $51-$69/month. Our in depth research indicates shoppers can save upto $288 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Salem, IL Homeowners Insurance By Home Value

Salem, IL Home Value Total Homes % of Total Average Salem, IL Homeowners Insurance
Less than $50,000 588 23.0% $230
$50,000 to $59,999 195 7.0% $490
$60,000 to $69,999 320 12.0% $605
$70,000 to $79,999 257 10.0% $699
$80,000 to $89,999 289 11.0% $793
$90,000 to $99,999 142 5.0% $886
$100,000 to $124,999 197 7.0% $1031
$125,000 to $149,999 162 6.0% $1290
$150,000 to $174,999 139 5.0% $1521
$175,000 to $199,999 57 2.0% $1759
$200,000 to $249,999 60 2.0% $2112
$250,000 to $299,999 36 1.0% $2581
$300,000 to $399,999 49 1.0% $3280

Top Home Insurance Agents Near Salem, IL

Home Insurance Company Near Salem, IL Homeowners Insurance Agency Near Salem, IL Address
NA The Insurance Place 7605 U.S. Hwy 50, Iuka, IL, 62849
State Farm Cathy Conley 222 S West St, Olney, IL, 62450-1142
Travelers Chaney & Karch Insurance Group Dba Friedrich Ins. Agency, Inc. 800 E NOLEMAN ST, CENTRALIA, IL, 62801
Travelers Precision Insurance & Financial Services Inc 2625 S BROADWAY, SALEM, IL, 62881
Erie Weis Insurance Agency Llc 2101 S Banker Street, Effingham, IL, 62401

Cost Of Homeowners Insurance By Street Near Salem, IL

Streets in Salem Area Homeowners Insurance Cost
2nd St, Co Rd 325 E, Iuka Rd, Range Rd, Co Rd 1825 N, Folsom Dr, Cedar Creek, Co Rd 2325 E, N Church St, Oglesby St$726
300E, 1060N, W Spruce St, Buchanan Rd, Co Hwy 28, Dickey Pond Rd, Borden Rd, Doughty Ln, Lois Ln, Co Rd 1750 E$726
Co Rd 1775 N, Co Hwy 29, N Campground Rd, E Poplar St, Co Rd 1975 N, Pinewood Ct, Miles Ln, Nattier Rd, Odin Rd, Gesell Rd$725
Peggy Ln, Scout Rd, Co Rd 75 E, Co Rd 1020 E, Peach St, Co Hwy 32 & 40, Co Hwy 32, Farside Ln, E Base Line Rd, Co Rd 1225 E$729
Langenfeld Ln, Ford Rd, Co Rd 1200 N, Jims Creek Rd, Elm Ln, Bundyville Rd, Stevenson Rd, Press Rd, Co Rd 1300 E, Robert Rd$717
Pullen St, Delmar Ave, Co Hwy 3, Mulvaney Rd, Martin Rd, E Schwartz St, S Chestnut St, Britt Rd, Adirondack Ln, S West St$724
Yellowstone Ln, 1715, Mona Ln, Shady Ln, Co Rd 2225 E, Exchange Rd, College Street Rd, Co Rd 1400 N, Co Rd 2125 E, Co Rd 2150 N$723
Van Buren Rd, Co Rd 2300 E, Michael Rd, Robb Rd, Cj Heck Rd, Cumberland Ln, Dogwood Ln, Firewood Ln, S Hamilton St, Hamilton St$725
Ballance Rd, Old Texas Ln, Pinetree Dr, March Rd, Kim Ln, Baseline, Co Rd 2350 E, Co Rd 1610 N, Lawrence Rd, Ferrydale Rd$729
Bousman Rd, Koehnke Rd, Fulton Dr, Co Rd 1600 N, Co Rd 1125 N, Co Rd 1400 E, Selmaville Rd, Selmaville Rd, S Wood St, Sullivan Rd$722

Salem, IL Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Salem$107 to $110
Marion County$107
Odin$106
Tonti$109

Salem, 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
Marion County, Illinois $90 $119 $179
Odin township, Marion County, Illinois $89 $119 $178
Tonti township, Marion County, Illinois $92 $122 $183

Salem, 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
Salem, IL6.0%15.7%
Marion County6.18%15.98%
Odin6.5%16.76%
Tonti6.97%15.95%

Salem Renters Insurance as a Percentage of Rent

Salem Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 44 3.0% $359
$200 to $299 90 7.0% $809
$300 to $499 216 19.0% $1259
$500 to $749 520 46.0% $1934
$750 to $999 155 13.0% $2684
$1,000 to $1,499 100 8.0% $3809

Salem, IL Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$600$2,600
Yearly Salem Homeowner Insurance Premium Example $1,300$800
Out of Pocket Expense During Claim$600$2,600
Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim $7,100$6,600
Net Savings to Salem Home Owner from High Deductible Plan $500

Salem, IL Home Insurance Costs With Home Replacement Value Scenarios

Scenario Salem, IL Home Replacement Value MORE than Home Value Salem, IL Home Replacement Value LESS than Home Value
Replacement Value $77,000 $44,500
Insurance Premium based on Replacement Value $425 $250
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $18,000 Risk Exposure from Under Insuring Coverage is $14,500
Premium Impact Insurance cheaper by $75/year Insurance costlier by $100/year

Example Salem Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company AllstateGEICO InsuranceErie Insurance
Monthly Premium 455961
Year Built 195519731942
Home Details 3 Beds, 1 Baths4 Beds, 1 Baths5 Beds, 4 Baths
Coverage Amount $100000-$125000$150000-$175000$200000-$250000
Deductible $500- $1000 Deductible$500- $1000 Deductible$5000 to $10,000 Deductible

Sample Home Insurance Rates for Salem, IL from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1987 175,000 Membrane Roof 3,180 4 $500 Deductible 150 2 Stone Siding yes
1994 290,000 Shingles Roof 4,420 5 $5000 to $10,000 Deductible 270 4 Stone Siding yes
1941 140,000 Composition Roof 2,300 3 $500 Deductible 180 3 Fiber-Cement Siding No
1963 310,000 Membrane Roof 4,430 5 $500 Deductible 1010 9 Brick siding yes
1942 155,000 Wood Shake Roof 2,860 4 $5000 to $10,000 Deductible 300 8 Vinyl siding yes
1982 80,000 Composition Roof 1,360 3 $2500-$5000 Deductible 50 3 Stucco siding No
1940 110,000 Wood Shake Roof 2,070 3 $1000-$2500 Deductible 30 1 Stucco siding yes
1982 130,000 Shingles Roof 2,270 4 $500- $1000 Deductible 230 6 Stone Siding yes
1949 215,000 Metal Roof 3,220 5 $5000 to $10,000 Deductible 470 8 Brick siding No
1993 185,000 Membrane Roof 3,400 4 $500 Deductible 810 10 Fiber-Cement Siding yes
1963 140,000 Asphalt Shingles Roof 2,620 5 $2500-$5000 Deductible 50 1 Vinyl siding yes
1975 100,000 Tile Roof 1,640 5 $500- $1000 Deductible 110 3 Fiber-Cement Siding yes
1996 140,000 Asphalt Shingles Roof 2,300 4 $500- $1000 Deductible 330 6 Wood siding yes
1961 195,000 Wood Shake Roof 3,170 5 $500 Deductible 620 8 Wood siding yes
1983 170,000 Slate Shingles Roof 2,570 5 $1000-$2500 Deductible 590 9 Fiber-Cement Siding No
1941 160,000 Metal Roof 2,810 4 $2500-$5000 Deductible 420 9 Brick siding yes
1955 290,000 Composition Roof 4,710 5 $5000 to $10,000 Deductible 540 8 Stone Siding No
1959 225,000 Metal Roof 3,310 4 $2500-$5000 Deductible 500 8 Vinyl siding No
1992 130,000 Wood Shake Roof 1,960 4 $2500-$5000 Deductible 370 7 Vinyl siding yes
1950 250,000 Composition Roof 3,470 5 $1000-$2500 Deductible 470 5 Fiber-Cement Siding No
1989 100,000 Slate Shingles Roof 1,860 5 $2500-$5000 Deductible 30 1 Brick siding yes
1946 170,000 Membrane Roof 3,290 4 $500- $1000 Deductible 350 6 Wood siding No
1995 165,000 Metal Roof 3,200 4 $1000-$2500 Deductible 60 1 Stone Siding yes
1990 230,000 Membrane Roof 3,340 4 $1000-$2500 Deductible 300 5 Stucco siding No
1985 225,000 Composition Roof 4,580 5 $500 Deductible 70 1 Fiber-Cement Siding No
1965 305,000 Wood Shake Roof 4,740 5 $500- $1000 Deductible 1060 8 Fiber-Cement Siding No
1963 135,000 Membrane Roof 1,940 5 $1000-$2500 Deductible 330 5 Stucco siding yes
1998 185,000 Shingles Roof 3,800 5 $500- $1000 Deductible 420 6 Wood siding No
1963 145,000 Shingles Roof 2,310 4 $2500-$5000 Deductible 400 10 Fiber-Cement Siding yes
1990 120,000 Wood Shake Roof 2,270 3 $2500-$5000 Deductible 110 3 Brick siding No
1996 105,000 Membrane Roof 1,690 3 $500 Deductible 420 12 Wood siding yes
1948 155,000 Tile Roof 2,600 4 $500- $1000 Deductible 310 5 Fiber-Cement Siding No
1949 140,000 Wood Shake Roof 2,750 4 $2500-$5000 Deductible 730 12 Wood siding No
1965 225,000 Tile Roof 3,150 4 $500 Deductible 290 3 Brick siding No