Wood River Insurance Rates:

Wood River, IL homeowners insurance is nearly $618 to $839, about $51-$69/month. Our detailed guide reveals consumers can save upto $291 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Find the Cheap Homeowners Insurance in Wood River, IL

Wood River, IL, is a beautiful city located in the southwestern part of the state. The city is home to many different businesses and industries, as well as a large number of residents. One of the most important things that Wood River, IL residents can do to protect their homes is to purchase a home insurance policy. A home insurance policy will protect your home in the event of a fire, theft, or other disasters. It is important to have this protection in place because it can help you to recover from a loss more quickly. Home insurance can also help to protect your personal belongings, such as furniture, clothing, and electronics. If you are a homeowner in Wood River, IL, it is important to make sure that you have a home insurance policy that meets your needs. You can contact a local insurance agent to discuss your options and find the right policy. 

The average cost of homeowners insurance in Wood River, IL, is $629. Home insurance providers in Wood River, IL, consider a number of criteria when calculating your insurance rates. These include the home's age, location, deductible, claim history, type of materials, and other factors. A swimming pool or trampoline on the property, as well as potential safety systems put in to safeguard your home, are specific elements that insurers also take into account.

VHome has explored the factors influencing the cost of home insurance in detail. 

1. By choosing a higher deductible

One of the most effective ways to reduce the cost of your homeowner insurance is to choose a higher deductible. By increasing your deductible, you will be responsible for a larger portion of any damages that occur to your home, reducing the amount your insurance company must pay. In addition, a higher deductible will likely result in a lower premium since the insurance company will take on less risk. For example, homeowners in Wood River, IL paying deductibles of 500 and 1500, pay premiums of $621.45 and $529.24, respectively. Homeowners with deductibles of 2000 and 2500 pay, respectively, $480.43 and $451.62. Therefore, the higher the deductible, the lower the homeowners insurance rates in Wood River, IL. It is important to make sure that you can afford to pay a higher deductible if something happens to your home. But if you are confident in your ability to cover the cost of repairs, choosing a higher deductible can be a great way to save on your homeowner insurance.

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2. By installing security features

Security systems are becoming increasingly popular as they provide peace of mind and protection from burglaries, fires, and other disasters. Many insurance companies offer discounts to policyholders with security systems, as they are less likely to file claims. The size and type of security system you install will affect the size of the discount you receive. The most common type of system is a burglar alarm, which can be connected to your home’s security system. Other options include fire alarms, smoke detectors, and deadbolts. For example, homes with deadbolts in Wood River, IL, pay $540.94 on home insurance. Installing a security system is a wise investment, as it can save you money on your homeowner's insurance. Shop around and compare rates from different companies before choosing a policy.

3. By maintaining a zero claims history  

A zero claims history indicates to insurance companies that you are a low-risk customer. This means that you are less likely to claim on your home insurance policy, and as a result, you will be offered a lower premium. Insurance companies base their rates on the likelihood of having to pay out a claim, so the lower your risk, the lower your premium will be. For example, homeowners in Wood River, IL, with zero claims history have to pay a premium of $553.52. In contrast, homeowners with one or two claims must pay $679.32 and $717.06 on homeowners insurance in Wood River, IL.

Wood River, IL Homeowners Insurance By Home Value

Wood River, IL Home Value Total Homes % of Total Average Wood River, IL Homeowners Insurance
Less than $50,000 1,212 12.0% $189
$50,000 to $59,999 398 4.0% $408
$60,000 to $69,999 753 7.0% $503
$70,000 to $79,999 1,018 10.0% $583
$80,000 to $89,999 1,202 12.0% $663
$90,000 to $99,999 1,042 10.0% $743
$100,000 to $124,999 1,744 17.0% $860
$125,000 to $149,999 881 9.0% $1071
$150,000 to $174,999 813 8.0% $1268
$175,000 to $199,999 218 2.0% $1465
$200,000 to $249,999 143 1.0% $1764
$250,000 to $299,999 176 1.0% $2157
$300,000 to $399,999 99 1.0% $2741

Top Home Insurance Agents Near Wood River, IL

Home Insurance Company Near Wood River, IL Homeowners Insurance Agency Near Wood River, IL Address
NA Wilken Insurance Agency, Inc. 107 W St Louis Street, Lebanon, IL, 62254
NA Insurance Concepts Of St Louis 575 Rudder Rd Ste 105, Fenton, MO, 63026
Liberty Mutual Independent Heneghan White Cutting & Rice Insurance Agency 117 S WASHINGTON ST, JERSEYVILLE, IL, 62052
State Farm Jerry Grindstaff 1147 Gannon Drive East, Festus, MO, 63028-2611
Erie Klein Merwin Karrer & Assocs Inc 10041 Bunkum Road Fairview Heights, Fairview Heights, IL, 62208

Wood River, IL Home Insurance Agents for Top Companies


Cost Of Homeowners Insurance By Street Near Wood River, IL

Streets in Wood River Area Homeowners Insurance Cost
Court St, S Spencer St, N Cottage Ave, Tomlinson St, Bostwick St, Vista St, Airwood Dr, W Airline Dr, Illini Ln, Cedar Ridge Ln$740
Humboldt Ct, Wildwood Ln, Voorhees Ln, Haven St, Landmarks Blvd, Dorothy St, Edgewood Ave, E Date St, Grant St, Chestnut Ct$739
N Bellwood Dr, S Oak St, Straube Ln, Orchard Hill Dr, W Beach Ave, S Ashbrook St, Agnes Blvd, Park Ln, S Rodgers Ave, Wyss Ave$748
Miller Dr, Amelia St, Teakwood Dr, W Hawthorne St, E McCasland Ave, Bowman Ave, Rolling Meadows Ct, Judson Ave, The Great River Rd, Fernwood Ct$739
Evelyn Ln, Horn Ave, W Central St, Bert Ave, Oregon St, Eva Ave, Old Oak Rd, S Moreland Rd, E 8th St, N Walcott St$735
Vermont St, Alice Ln, Louis St, Clifton Ave, E Airline Dr, Viewland St, Manning Ave, Easton St, Evergreen Ave, N Beau-Chateau$726
Hill Dr, Marquis Ave, Victory Dr, Colonial Ct, N Circle Dr, Georgia St, Carolina Ave, Red Fir Ln, Donnelly St, S Stanley Rd$734
E 13th St, Citrus Ln, W Grace St, Albers Pl, N Olive St, Elm Ave, Humbert Rd, Crestmoor Ct, Fontaine Dr, Clark St$745
Humbert Rd, Gilham Ave, Terrace St, Wood River Ave, W Thomas St, Orchard Blvd, Ebbler St, Thelma Ave, E 9th St, Scovell St$729
Buena Vista Ave, Sotier Pl, N Central Ave, Harvey St, N Rodgers Ave, Ray Ave, Robinhood Dr, Watalee St, W Sherman St, Old Carpenter Rd$740

Wood River, IL Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Wood River$109 to $111
Rosewood Heights$110
East Alton$108
Bethalto$111

Wood River, 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
Rosewood Heights CDP, Illinois $110 $147 $221
East Alton village, Illinois $108 $144 $216
Bethalto village, Illinois $111 $148 $222

Wood River, 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
Wood River, IL5.4%15.0%
Rosewood Heights4.9%13.61%
East Alton5.65%14.81%
Bethalto4.84%14.35%

Wood River Renters Insurance as a Percentage of Rent

Wood River Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 59 1.0% $355
$200 to $299 129 4.0% $805
$300 to $499 455 14.0% $1255
$500 to $749 1,084 34.0% $1930
$750 to $999 1,034 33.0% $2680
$1,000 to $1,499 313 10.0% $3805

Wood River, IL Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,800$2,800
Yearly Wood River Homeowner Insurance Premium Example $700$500
Out of Pocket Expense During Claim$1,800$2,800
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $7,400$6,800
Net Savings to Wood River Home Owner from High Deductible Plan $600

Wood River, IL Home Insurance Costs With Home Replacement Value Scenarios

Scenario Wood River, IL Home Replacement Value MORE than Home Value Wood River, IL Home Replacement Value LESS than Home Value
Replacement Value $85,500 $56,500
Insurance Premium based on Replacement Value $475 $325
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $14,000 Risk Exposure from Under Insuring Coverage is $15,000
Premium Impact Insurance cheaper by $75/year Insurance costlier by $75/year

Example Wood River Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company TravelersNationwide InsuranceChubb Group of Insurance
Monthly Premium 548444
Year Built 198819471967
Home Details 3 Beds, 1 Baths4 Beds, 2 Baths5 Beds, 3 Baths
Coverage Amount $125000-$150000$175000-$200000$125000-$150000
Deductible $1000-$2500 Deductible$500 Deductible$2500-$5000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1950 235,000 Wood Shake Roof 3,180 4 $2500-$5000 Deductible 680 7 Brick siding No
1987 215,000 Composition Roof 2,940 5 $500- $1000 Deductible 320 4 Stone Siding yes
1984 110,000 Shingles Roof 1,470 3 $1000-$2500 Deductible 230 6 Brick siding yes
1982 100,000 Asphalt Shingles Roof 1,620 5 $500- $1000 Deductible 170 6 Fiber-Cement Siding yes
1987 165,000 Tile Roof 3,080 4 $500 Deductible 320 5 Vinyl siding No
1976 155,000 Shingles Roof 2,820 4 $5000 to $10,000 Deductible 230 6 Wood siding No
1988 130,000 Membrane Roof 2,310 4 $1000-$2500 Deductible 310 6 Wood siding No
1958 125,000 Wood Shake Roof 2,150 3 $500- $1000 Deductible 250 6 Brick siding No
1953 150,000 Membrane Roof 2,070 4 $5000 to $10,000 Deductible 140 5 Wood siding No
1976 310,000 Tile Roof 4,480 5 > $10,000 Deductible 810 9 Stucco siding No
1977 100,000 Wood Shake Roof 1,630 5 $2500-$5000 Deductible 50 2 Stone Siding yes
1974 160,000 Slate Shingles Roof 2,330 3 $1000-$2500 Deductible 60 1 Stucco siding yes
1983 140,000 Membrane Roof 2,000 4 $2500-$5000 Deductible 260 9 Wood siding No
1986 95,000 Shingles Roof 1,380 3 $1000-$2500 Deductible 270 8 Fiber-Cement Siding No
1979 160,000 Shingles Roof 2,180 3 $2500-$5000 Deductible 190 5 Wood siding yes
1957 210,000 Wood Shake Roof 3,070 5 $500- $1000 Deductible 560 7 Vinyl siding No
1950 280,000 Slate Shingles Roof 3,670 5 > $10,000 Deductible 220 3 Fiber-Cement Siding No
1988 155,000 Membrane Roof 1,920 5 $1000-$2500 Deductible 380 8 Stucco siding No
1985 105,000 Asphalt Shingles Roof 1,420 3 $500- $1000 Deductible 250 8 Stone Siding yes
1985 235,000 Slate Shingles Roof 2,880 4 > $10,000 Deductible 290 5 Wood siding No
1987 180,000 Wood Shake Roof 2,300 3 $5000 to $10,000 Deductible 300 5 Fiber-Cement Siding yes
1968 205,000 Membrane Roof 2,980 4 $500 Deductible 670 8 Fiber-Cement Siding No
1982 155,000 Slate Shingles Roof 2,070 4 $5000 to $10,000 Deductible 90 2 Vinyl siding yes
1942 135,000 Metal Roof 1,840 3 $500- $1000 Deductible 260 5 Stucco siding No
1945 95,000 Composition Roof 1,310 3 $500- $1000 Deductible 220 6 Vinyl siding yes
1982 120,000 Asphalt Shingles Roof 1,470 3 $500 Deductible 460 9 Fiber-Cement Siding yes
1980 85,000 Shingles Roof 1,560 3 $2500-$5000 Deductible 120 4 Stone Siding No
1955 210,000 Asphalt Shingles Roof 3,090 4 $500 Deductible 60 1 Stucco siding yes
1968 175,000 Slate Shingles Roof 2,480 5 $5000 to $10,000 Deductible 140 4 Stucco siding No
1976 135,000 Slate Shingles Roof 1,690 4 $500 Deductible 80 1 Brick siding yes
1950 235,000 Metal Roof 2,910 4 > $10,000 Deductible 600 10 Vinyl siding No
1953 115,000 Tile Roof 1,940 3 $2500-$5000 Deductible 260 7 Wood siding yes
1952 200,000 Metal Roof 2,970 5 > $10,000 Deductible 100 3 Wood siding No
1987 170,000 Slate Shingles Roof 2,820 5 $500 Deductible 120 2 Stucco siding No

Latest Home Insurance Reviews

Nationwide
I feel that the premiums and deductible are fairly reasonable for the coverage that I am getting with my current policy.
Travelers
The premium was lower based on the above facts, which is quite nice. The deductibles are in line, I think I did $1000 because I hope to only use this policy in a catastrophic situation vs a couple of times a year. I am happy
Liberty Mutual
The company offers standard homeowners coverage, such as dwelling, contents, and liability. Nothing extra is provided unless it is purchased through an additional rider.
Aaa
The offerings are just OK. It's pretty standard coverage and the price is reasonable. I get policy discounts for things like hail-resistant roofing
Allstate
They take to time to accurately get the details correct and even send a person out for a claim to inspect the needed areas.
Allstate
Fine print with lack of detailed coverage, mold issue recently discovered and unless it was caused by pipes or other household plumbing issue, it is not covered by them. instead of referring my to a source of help, they instead implied they would send a letter informing me of what is actually covered by the policy.
Liberty Mutual
I like that it's one of the cheapest options for the most coverage, and that they're a trustworthy company with a nationally recognized brand.
Farmer's Insurance
I dislike the impersonal aspect of dealing with them. I would consider going back to my former company, but they became too expensive for me to afford.
State Farm
Good overall experience. No real rate increases and nice to speak with when I have a question or concern. Available when needed to speak to. The local office is also helpful.
State Farm
Progressive is a bunch of hype when it comes to saving money. All talk and flashy commercial ads and nothing more. Pay me is their company motto.
Allstate
I like this insurance company it it doesn't bother me too much and gives me assistant when I need
Aaa
It's an established company with many coverages and deductible options and I'm appreciative of the local office with expert staff willing to help whenever I've needed to update coverage or modify deductible amounts to keep the premium at a reasonably affordable level without sacrificing coverage to meet my needs. They're responsive, considerate, steady and reliable and that's what I need and want in an insurance company, and AAA has earned my loyalty.
State Farm
I do not like the mobile app or the website as I feel it is not very user-friendly and there is a lot of hunting down what you may need via an online mode. I would much prefer to handle most of my business online; however, it is almost always necessary to contact an agent. Sometimes that is hard to do during business hours when I am so busy myself.
Allstate
I recommend All state because they have always been easy to deal with. I like their website interface, automatic billing and I believe that they have competitive rates.

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