- Best homeowners insurance companies in Illinois: Auto-Owners
- Cheapest home insurance companies in Illinois: Allstate
- Average home insurance cost in Illinois
- Illinois home insurance rates by ZIP code
- Frequently asked questions about Illinois homeowners insurance
- Compare Illinois homeowners insurance rates with other states
Best homeowners insurance companies in Illinois: Auto-Owners
The best home insurance company in Illinois for 2024 is Auto-Owners. State Farm, Country Financial, Nationwide, Allstate, Farmers, American Family, and Travelers are among the top home insurance companies in Colorado based on price, NAIC complaints, and AM Best financial ratings.
The total Insurance.com score is calculated out of five using these factors.
| Company | AM Best | NAIC complaint ratio | Insurance.com score | Average annual rate |
|---|---|---|---|---|
| Auto-Owners | A++ | 0.37 | 4.87 | $2,239 |
| State Farm | A++ | 0.83 | 4.50 | $2,089 |
| Country Financial | A+ | 0.26 | 4.26 | $3,561 |
| Nationwide | A+ | 1.05 | 3.88 | $2,068 |
| Allstate | A+ | 1.46 | 3.58 | $1,753 |
| Farmers | A | 0.67 | 3.48 | $3,273 |
| American Family | A | 0.80 | 3.46 | $5,088 |
| Travelers | A++ | 1.10 | 2.58 | $7,861 |
Cheapest home insurance companies in Illinois: Allstate
Below are Illinois home insurance rates by company for five different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible.
Based on our analysis, Allstate is the cheapest home insurance company for all coverage levels. At $1,753 per year, Allstate offers the most affordable home insurance for $300,000 dwelling coverage, one of the most preferred coverage limits.
| Company | $200,000 | $300,000 | $400,000 | $600,000 | $1,000,000 |
|---|---|---|---|---|---|
| Allstate | $1,548 | $1,753 | $1,965 | $2,465 | $3,492 |
| Nationwide | $1,686 | $2,068 | $2,491 | $3,453 | $5,866 |
| State Farm | $1,644 | $2,089 | $2,348 | $3,017 | $4,215 |
| Auto-Owners | $1,811 | $2,239 | $2,654 | $3,337 | $7,099 |
| USAA* | $1,724 | $2,243 | $2,681 | $3,493 | $4,993 |
| Farmers | $2,419 | $3,273 | $4,211 | $6,150 | $9,667 |
| Country Financial | $2,819 | $3,561 | $4,214 | $5,812 | $9,029 |
| American Family | $4,036 | $5,088 | $6,081 | $7,981 | $10,690 |
| Travelers | $6,667 | $7,861 | $9,185 | $13,401 | $20,802 |
*USAA only provides coverage to military members, veterans, and their families.
Average home insurance cost in Illinois
The average cost of homeowners insurance in Illinois is $3,062 a year or $255 a month. This is based on coverage of:
- $300,000 dwelling
- $300,000 liability
- $1,000 deductible.
However, the average annual premium varies by the insurance company, your ZIP code, coverage type, and your home's age, among other factors. It’s a good idea to compare price quotes from different Illinois homeowners insurance companies to get the best deal.
Illinois home insurance rates by ZIP code
Home insurance rates can vary depending on where the home is located. We compared home insurance rates by ZIP code in Illinois to see which areas are the most and least expensive.
Enter your ZIP code and desired coverage level in the search box to see that area's average home insurance rate. You will also see the highest and lowest premiums from major home insurers. Comparing home insurance rates will give you an idea of how much you can save.
Home insurance calculator
Average home insurance rates in TexasMost & least expensive ZIP codes for homeowners insurance in Texas
Most expensive
| ZIP code | City | Highest rate |
|---|---|---|
| 77550 | Galveston | $10,164 |
| 77586 | El Lago | $9,906 |
| 77551 | Galveston | $9,536 |
| 77554 | Galveston | $9,358 |
Least expensive
| ZIP code | City | Lowest rate |
|---|---|---|
| 78559 | Iglesia Antigua | $1,956 |
| 78593 | Santa Rosa | $1,999 |
| 79915 | El Paso | $2,008 |
| 79905 | El Paso | $2,009 |
The Illinois Department of Insurance says...
If you cannot find homeowners insurance, talk to your insurance agent talk to your insurance agent about the Illinois Fair Plan. To qualify for coverage with the FAIR Plan, you must have three unsuccessful attempts to buy property coverage from insurance companies and your property must meet basic fire, loss prevention, and safety standards.
- The Illinois Department of InsuranceThe most expensive ZIP codes in Illinois for home insurance
Illinois homeowners insurance rates are the most expensive for ZIP code 60636 with an average annual cost of $4,612.
The most expensive ZIP codes in Illinois are:
| ZIP code | Average annual rate |
|---|---|
| 60636 | $4,612 |
| 60624 | $4,572 |
| 60609 | $4,408 |
| 60637 | $4,367 |
| 60619 | $4,311 |
| 60651 | $4,283 |
The least expensive ZIP codes in Illinois for home insurance
The cheapest ZIP codes for home insurance in Illinois are:
| ZIP code | Average annual rate |
|---|---|
| 61702 | $2,332 |
| 60522 | $2,355 |
| 60183 | $2,380 |
| 60144 | $2,383 |
| 61871 | $2,394 |
| 61424 | $2,398 |
Frequently asked questions about Illinois homeowners insurance
Do I need flood insurance in Illinois?
Floods are not covered by standard homeowners insurance, so if you live in a high-risk area, you must buy flood insurance. You can purchase a policy through a private insurance company or the National Flood Insurance Program (NFIP).
Is homeowners insurance required in Illinois?
There is no law requiring home insurance in Illinois or any state. However, your mortgage company will require you to carry insurance. It's up to you once your home is paid off, but canceling home insurance is never recommended.
Compare Illinois homeowners insurance rates with other states
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