Schaumburg, IL Home Insurance - Analysis On Quotes, Rates & Agents
Schaumburg Insurance Rates:
Schaumburg, IL homeowners insurance is about $681 to $925, about $56-$77/month. Our complete research indicates shoppers can save as much as $321 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Latest Home Insurance Reviews
State FarmWe had an insurance claim denied last year. lost everything in our home due to flood waters. we didn't have flood insurance (not in a flood zone) but the claim was denied to help replace what we lost. major bummer.
State FarmThey always make sure that you are well taken care of the car, if it is in good condition and that your house is perfect.
Homesite InsuranceThe inspector working our claim that came to our home was very rude and wasn't compassionate to the issues we were going through when our home flooded.
State FarmThe customer service with my insurance company has been excellent. On the few occasions that I have had a problem, they have been quick to respond and they really listen and care.
Pekin InsurancePekin insurance is located in illinois and this is something that i appreciate since i have family in illinois and also because i was born in the state of illinois.
State FarmI have never talked with anyone from State Farm, and hopefully I never will have to. Because I have coverage on everything (was required by quicken loans), I assume everything will go smoothly if I need to.
Farmer's InsuranceThe premium seems to be right in line with other homes in my neighborhood. It is reasonably priced and the agent does seem to be responsive.
Farmer's InsuranceWhile the website is clean, the user-friendliness it's not. The payment page is confusing and takes some time getting used to. The layout of the policy also makes it confusing
American FamilyWas very happy with the package deal of auto and home insurance. It is saving me hundreds of dollars a month. It is working out good so far.
Progressivethe only real problem ive had is that they have had a few people ive talked to that did not really seem to understand the software they use there to track claims for review. aside from that, no major issues at all
Liberty MutualI like that their coverage is very thorough and comparable with other large companies, but I get the convenience of a local agent and customer! Service.
AllstateThe ONLY thing that I feel could use a little bit of work is their website layout. Even if they didn't change it, I'd still be okay with that as I’ve learned how to navigate it. New users may find it a little bit difficult to use at first. If they made their website easier to navigate, I would literally have nothing negative to say about them whatsoever.
AllstateThere aren't any points that stick out as to why I would dislike the company. It does exactly what I want it to do and I don't have to think about it.
Erie InsuranceThe coverage is great, however, you pay for it. I wish the company offered more discounts to make it more affordable.
AllstateThey are a little expensive and they are not very proactive in offering to review my policy to make sure that I am getting the best price and that I still have the coverage that I need.
AllstateIt seems like the cost is high and I have never made a claim for either home or auto but my premium has never gone down
NationwideI would recommend this company to my fellow neighbors. They have great prices and a great customer service department and a lower deductible then the other companies located near me.
Hanover Insurance GroupI would recommend Hanover because of the customer service, pricing and coverages offered. They are knowledgeable and in this day and age you need a company that is going to explain what you are getting for your money.
AllstateI like that they bundle thir insurance policies together to reduce your rate. They are also very friendly.
State FarmContacting the corporate office is not fun and the customer service with corporate could be a lot better. When issues happen and the company is in the wrong they rarely offer an apology or any type of empathy or sympathy.
American FamilyI would highly recommend American Family Insurance for home insurance. They are great to work with and have great coverage.
State FarmI don't really have anything to say about not liking them. I really like everything about State Farm at the moment.
Liberty MutualThere are a few points that I do not like, but as far as the interaction with its users is failing and as for the page, important information is always needed in that aspect
ProgressiveProgressive offers a fair price since i was able to bundle different insurances into just one policy, which made things much easier. They also offer discounts for my credit and being a student.
Schaumburg, IL Homeowners Insurance By Home Value
| Schaumburg, IL Home Value | Total Homes | % of Total | Average Schaumburg, IL 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 |
|---|---|---|
| Travelers | Young Kim Insurance Agency | 960 RAND RD STE 206, DES PLAINES, IL, 60016 |
| 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 |
Schaumburg, IL Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Schaumburg, IL
| Streets in Schaumburg Area | Homeowners Insurance Cost |
|---|---|
| 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 |
Schaumburg, IL Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Schaumburg | $120 to $122 |
| Roselle | $121 |
| Hanover Park | $116 |
| Streamwood | $117 |
Schaumburg, 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 |
|---|---|---|---|
| Roselle village, Illinois | $122 | $162 | $243 |
| Hoffman Estates village, Illinois | $122 | $162 | $243 |
| Hanover Park village, Illinois | $116 | $155 | $233 |
Schaumburg, IL Area 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 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| 1974 | 225,000 | Composition Roof | 1,490 | 3 | $1000-$2500 Deductible | 980 | 12 | Stucco siding | No |
| 1983 | 690,000 | Slate Shingles Roof | 4,750 | 5 | $2500-$5000 Deductible | 2480 | 9 | Wood siding | No |
| 1985 | 245,000 | Asphalt Shingles Roof | 1,770 | 2 | > $10,000 Deductible | 440 | 8 | Stucco siding | yes |
| 1974 | 465,000 | Metal Roof | 3,820 | 5 | > $10,000 Deductible | 1310 | 9 | Vinyl siding | No |
| 1970 | 190,000 | Metal Roof | 1,350 | 2 | $1000-$2500 Deductible | 130 | 2 | Brick siding | yes |
| 1978 | 430,000 | Tile Roof | 2,770 | 4 | $1000-$2500 Deductible | 660 | 5 | Stone Siding | No |
| 1999 | 290,000 | Membrane Roof | 2,560 | 5 | > $10,000 Deductible | 570 | 9 | Stone Siding | yes |
| 1973 | 210,000 | Metal Roof | 1,710 | 2 | > $10,000 Deductible | 600 | 12 | Stone Siding | yes |
| 1992 | 240,000 | Wood Shake Roof | 1,550 | 2 | $500 Deductible | 150 | 2 | Brick siding | No |
| 1983 | 405,000 | Tile Roof | 2,780 | 5 | $5000 to $10,000 Deductible | 1280 | 9 | Stone Siding | yes |
| 1975 | 295,000 | Shingles Roof | 2,370 | 3 | $500- $1000 Deductible | 780 | 8 | Wood siding | No |
| 1985 | 400,000 | Shingles Roof | 3,460 | 5 | $500- $1000 Deductible | 1690 | 12 | Brick siding | yes |
| 1994 | 540,000 | Shingles Roof | 3,420 | 5 | $500 Deductible | 980 | 5 | Stone Siding | yes |
| 1972 | 430,000 | Wood Shake Roof | 3,290 | 4 | $2500-$5000 Deductible | 350 | 3 | Fiber-Cement Siding | No |
| 1991 | 320,000 | Metal Roof | 2,160 | 5 | > $10,000 Deductible | 70 | 1 | Stucco siding | No |
| 1979 | 275,000 | Shingles Roof | 2,510 | 4 | $2500-$5000 Deductible | 980 | 10 | Vinyl siding | No |
| 1977 | 140,000 | Asphalt Shingles Roof | 940 | 2 | $2500-$5000 Deductible | 150 | 5 | Vinyl siding | No |
| 1974 | 485,000 | Shingles Roof | 4,450 | 5 | $2500-$5000 Deductible | 1520 | 9 | Brick siding | yes |
| 1975 | 315,000 | Wood Shake Roof | 2,100 | 4 | > $10,000 Deductible | 290 | 4 | Wood siding | No |
| 1982 | 205,000 | Slate Shingles Roof | 1,450 | 3 | $1000-$2500 Deductible | 760 | 8 | Stucco siding | yes |
| 1973 | 205,000 | Metal Roof | 1,540 | 2 | $1000-$2500 Deductible | 480 | 7 | Vinyl siding | yes |
| 1989 | 230,000 | Tile Roof | 2,000 | 4 | $1000-$2500 Deductible | 470 | 5 | Stone Siding | yes |
| 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 |