Best condo insurance companies in Illinois

In Illinois, you have a lot of options when it comes to finding the best condo insurance company. To make your task easier, our insurance experts have analyzed premiums, coverage offerings, J.D Power score and customer satisfaction ratings of major insurers in Illinois. Below are the best condo insurance companies in Illinois based on Insurance.com’s analysis.

CompanyJ.D. Power ScoreAM Best RatingAverage rating (out of 5)
State Farm829A++
4.3
USAA884A++
4.0
Country Financial830A+
3.6
Nationwide816A+
3.6
American Family842A
3.5
Allstate815A+
3.3
Travelers794A++
2.6
Farmers792A
2.3

Average cost of condo insurance in Illinois

The average cost of condo insurance in Illinois is $571 a year or $48 a month with $1,000 as deductible, $60,000 in personal property coverage, and liability coverage of $300,000. Your average annual premium will vary depending on your location, the coverage limits you select, and the deductible amount among other factors.

To find the most affordable policy for your situation, compare quotes from multiple providers based on the coverage you need.

Average Annual PremiumAverage Monthly Premium
$571$48

Condo insurance calculator

Average condo insurance rates in Illinois
$40,000
$40,000 $60,000 $80,000 $100,000
$100,000
$100,000 $300,000
$1,000
$1,000

Most & least expensive ZIP codes for condo insurance in Illinois

Most expensive

ZIP CodeCityHighest Rate
60624Chicago$1,018
60644Chicago$990
60651Chicago$970
60612Chicago$956

Least expensive

ZIP CodeCityLowest Rate
62214Addieville$538
62615Auburn$539
61533Glasford$540
60929Cullom$540
Data refreshed as of Apr 2024
Read our full methodology

Condo insurance rates by company in Illinois

Rates for condo insurance by company in Illinois vary. It’s important to shop around and compare quotes to find the best price. 

In the table given below, you’ll see condo insurance rates for major companies in Illinois. The cheapest company for condo insurance in Illinois is State Farm. Auto-Owners, and Nationwide, are the second and third cheapest options.

CompanyAverage Annual Rate
State Farm$311
Auto-Owners$374
Nationwide$388
Country Financial$449
American Family$467
Allstate$488
Farmers$647
USAA$730
Travelers$806

Compare condo insurance rates by city in Illinois

Condo insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on condo insurance for your specific city in Illinois.

CityAnnual insurance premium
Aurora
$596
Champaign
$538
Chicago
$820
Elgin
$586
Joliet
$596
Naperville
$602
Peoria
$539
Rockford
$567
Springfield
$546

Insurance.com compared condo insurance rates provided by Quadrant Data Solutions in 2022 for $60,000 of personal property coverage with a $1,000 deductible and $300,000 of liability coverage for all available ZIP codes and with a good credit score. The content was updated in 2023.

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