Schaumburg, IL - Data on Home Insurance Quotes, Rates & Agents
Schaumburg, IL Home Values & Insurance Rates
| Schaumburg, IL Home Value | Total Homes | % of Total | Average Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 701 | 2.0% | $80 |
| $80,000 to $89,999 | 379 | 1.0% | $273 |
| $90,000 to $99,999 | 340 | 1.0% | $305 |
| $100,000 to $124,999 | 1,461 | 4.0% | $353 |
| $125,000 to $149,999 | 1,905 | 5.0% | $441 |
| $150,000 to $174,999 | 3,620 | 11.0% | $521 |
| $175,000 to $199,999 | 3,440 | 10.0% | $602 |
| $200,000 to $249,999 | 5,874 | 18.0% | $722 |
| $250,000 to $299,999 | 5,636 | 17.0% | $883 |
| $300,000 to $399,999 | 8,080 | 25.0% | $1124 |
Top Home Insurance Agents Near Schaumburg, IL
| Home Insurance Company Near Schaumburg, IL | Homeowners Insurance Agency Near Schaumburg, IL | Address |
|---|---|---|
| Farmers | Eddie Funches | 3790 W 79th St, Chicago, IL, 60652 |
| State Farm | Edwin De Jesus | 4515 Hohman Ave, Hammond, IN, 46327-1520 |
| Travelers | Iaa-Kurt A Rusch | 1904 S BIRCH ST, DES PLAINES, IL, 60018 |
| State Farm | Joe Morreale | 668 Meacham Rd, Elk Grove Vlg, IL, 60007-3003 |
| Travelers | Young Kim Insurance Agency | 960 RAND RD STE 206, DES PLAINES, IL, 60016 |
Estimated Home Insurance By Street Area Near Schaumburg, IL
| Schaumburg Area | Estimated House Insurance |
|---|---|
| Kingsbury, Nature Ct, Nantucket Cove, Brent Ct, Glen Lake Rd, W Ticknor Ct, Carver Ln, Auburn Ln, Evergreen Ct, Parkview Cir W | $780 |
| Arklow Pl, Crowfoot Cir N, Michigan Ln, Highland St, Saint Claire Cir, Mohegan Ln, Oxford Cir, W Dovington Dr, Barcliffe Ln, Lancashire Ct | $828 |
| Truro Ct, Winding Run Ln, Walden Ct, Armstrong Ct, Bulrush Dr, Chaffee Ct, Wm Clifford Ln, Carmel Ct, Waterford Rd S, Patricia Ct | $833 |
| Hazel Dr, S Salem Dr, Greenhill Ln, Montclaire Cir, Prince Edward Cir, Kingsport Dr, Waban Ln, Bridgeview Pt, Stratford Dr, Amherst Ln | $830 |
| Young Cir, New Mexico Ct, Sleepy Hollow Ct, N Braintree Dr, E Greenbriar Dr, Remington Rd, Crest Ave, Meyer Rd, Manor Cir, Harvard Cir | $845 |
| Song Sparrow Ct, Bristol Walk, Grand Canyon Pkwy, W Thacker St, Fabish Ct, S Brockton Ct, Maywood Ln, S Rodenburg Rd, Grand Canyon St, Fox Run Dr | $781 |
| Saleford Dr, Schaumburg Ct, Carey Dr, Longboat Ln, Florida Ln, Larson Ln, Regatta Pt, Manchester Mnr, Chippendale Rd, Woodcroft Ct | $823 |
| Eastham Ln, Chelsea Ln, McDevitt Cir, Crandell Ln, Compton Ln, Jones Rd, Cooper Ct, Glendale Ln, Newcastle Ln, Scarbrough Cir | $781 |
| Evening Song Ct, Glouchester Harbor, Cambridge Ln, Pebblebrook Ln, Juli Dr, Woodbury Ct, Sedgfield Ct, Charlotte Ct, Westfield Ln, Gannon Ct | $795 |
| Fulbright Ln, Mitchell Blvd, Dennis Ct, Idlestone Ln, Cynthia Ln, Locust Pl, Sandhurst Ct, Seven Pines Rd, Columbia Dr, Waxwing Ct | $763 |
Savings on home insurance for senior occupied homes
| Place | Savings |
|---|---|
| Schaumburg | $120 to $122 |
| Roselle | $121 |
| Hanover Park | $116 |
| Streamwood | $117 |
Schaumburg, IL 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 |
|---|---|---|
| Schaumburg, IL | 3.6% | 10.3% |
| Roselle | 3.45% | 9.95% |
| Hoffman Estates | 3.42% | 9.79% |
| Hanover Park | 3.51% | 10.24% |
Schaumburg Renters Insurance as a Percentage of Rent
| Schaumburg Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 246 | 1.0% | $1217 |
| $500 to $749 | 255 | 1.0% | $1892 |
| $750 to $999 | 3,402 | 26.0% | $2642 |
| $1,000 to $1,499 | 6,021 | 47.0% | $3767 |
| $1,500 or more | 2,688 | 21.0% | $5417 |
Schaumburg, IL Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $600 | $3,600 |
| Yearly Schaumburg Homeowner Insurance Premium Example | $1,800 | $1,200 |
| Out of Pocket Expense During Claim | $600 | $3,600 |
| Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim | $11,400 | $10,800 |
| Net Savings to Schaumburg Home Owner from High Deductible Plan | $600 | |
Schaumburg, IL Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Schaumburg, IL Home Replacement Value MORE than Home Value | Schaumburg, IL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $379,000 | $236,000 |
| Insurance Premium based on Replacement Value | $1,925 | $1,200 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $62,500 | Risk Exposure from Under Insuring Coverage is $80,500 |
| Premium Impact | Insurance cheaper by $400/year | Insurance costlier by $325/year |
Example Schaumburg Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Nationwide Insurance | Travelers | American Family Insurance |
| Monthly Premium | 88 | 119 | 53 |
| Year Built | 1993 | 1976 | 1986 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 3 Baths | 2 Beds, 1 Baths |
| Coverage Amount | $250000-$300000 | $400000-$500000 | $125000-$150000 |
| Deductible | $500- $1000 Deductible | > $10,000 Deductible | $1000-$2500 Deductible |
Schaumburg, IL Auto & Home Insurance Bundling Discounts
| Place | 1 Car Bundle Savings | 2 Car Bundle Savings | 3 Car Bundle Savings |
|---|---|---|---|
| Roselle village, Illinois | $122 | $162 | $243 |
| Hoffman Estates village, Illinois | $122 | $162 | $243 |
| Hanover Park village, Illinois | $116 | $155 | $233 |
Sample Home Insurance Rates for Schaumburg, IL from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1991 | 355,000 | Composition Roof | 2,710 | 4 | $2500-$5000 Deductible | 240 | 2 | Brick siding | yes |
| 1990 | 245,000 | Shingles Roof | 1,850 | 3 | $1000-$2500 Deductible | 280 | 3 | Stone Siding | No |
| 1986 | 460,000 | Slate Shingles Roof | 3,370 | 4 | $500 Deductible | 1610 | 12 | Brick siding | No |
| 1990 | 325,000 | Tile Roof | 2,260 | 3 | > $10,000 Deductible | 430 | 7 | Stone Siding | No |
| 1979 | 290,000 | Tile Roof | 2,570 | 5 | $500 Deductible | 970 | 7 | Stone Siding | yes |
| 1970 | 430,000 | Tile Roof | 2,940 | 4 | $2500-$5000 Deductible | 650 | 7 | Wood siding | No |
| 1986 | 335,000 | Shingles Roof | 2,280 | 5 | > $10,000 Deductible | 690 | 10 | Fiber-Cement Siding | yes |
| 1984 | 285,000 | Membrane Roof | 2,150 | 4 | $1000-$2500 Deductible | 130 | 1 | Wood siding | No |