Auto-Owners is the best homeowners insurance company in Illinois, based on a 2023 analysis by Insurance.com, with an overall rating of 4.89.
Allstate offers the cheapest home insurance in Illinois for all coverage levels.
With so many options out there, it is not easy to choose a homeowners insurance company in Illinois. You need a reliable company that will provide you with quality service at an affordable price. If this is what you're looking for, then keep on reading this guide.
Key takeaways
- The average cost of homeowners insurance in Illinois is $2,604 a year or $217 a month.
- The cheapest homeowners insurance company in Illinois is Allstate, with an average home insurance rate of $1,406 a year.
- Auto-Owners ranks as the best homeowners insurance in Illinois for 2023.
Average home insurance cost in Illinois
The average cost of homeowners insurance in Illinois is $2,604 a year or $217 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.
Best homeowners insurance companies in Illinois
The best home insurance company in Illinois for 2023 is Auto-Owners, followed by USAA and Country Financial.
Below is a full list of the top Illinois insurance companies based on price, NAIC complaints, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.
*USAA only provides coverage to military members, veterans, and their families.
Cheapest home insurance companies in Illinois
Below are Illinois home insurance rates by company for six different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible. Based on our rate analysis, you’ll see Allstate has the most affordable rates in every category.
| Company | $200,000 | $300,000 | $400,000 | $500,000 | $600,000 |
|---|---|---|---|---|---|
| Allstate | $1,267 | $1,406 | $1,588 | $1,813 | $2,040 |
| Auto-Owners | $1,412 | $1,739 | $2,057 | $2,337 | $2,668 |
| USAA | $1,507 | $1,933 | $2,298 | $2,647 | $2,980 |
| State Farm | $1,548 | $2,021 | $2,357 | $2,901 | $3,407 |
| Nationwide | $1,717 | $2,108 | $2,540 | $3,124 | $3,523 |
| Farmers | $2,051 | $2,718 | $3,446 | $4,248 | $4,859 |
| Country Financial | $2,561 | $3,230 | $3,818 | $4,538 | $5,257 |
| American Family | $2,632 | $3,177 | $3,690 | $4,190 | $4,673 |
| Travelers | $6,271 | $7,409 | $8,453 | $9,106 | $9,665 |
Illinois home insurance rates by ZIP code
Home insurance rates can vary widely 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 the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.
HOME INSURANCE CALCULATOR
Average home insurance rates in CALIFORNIA
AVERAGE RATE: $797
Most & least expensive zip codes for homeowners insurance in California
Most Expensive
| Zip Code | City | Highest Rate |
|---|---|---|
| 92325 | Crestline | $1,450 |
| 92391 | Twin Peaks | $1,426 |
| 92321 | Cedar Glen | $1,425 |
| 92352 | Lake Arrowhead | $1,423 |
Least Expensive
| Zip Code | City | Lowest Rate |
|---|---|---|
| 94086 | Sunnyvale | $742 |
| 94085 | Sunnyvale | $743 |
| 94087 | Sunnyvale | $743 |
| 95051 | Santa Clara | $743 |
The most expensive ZIP codes in Illinois for home insurance
Illinois homeowners insurance rates are the most expensive for ZIP code 60644 with an average annual cost of $4,027.
The most expensive ZIP codes in Illinois are:
| ZIP code | Average annual rates |
|---|---|
| 60644 | $4,027 |
| 60621 | $3,954 |
| 60636 | $3,948 |
| 60624 | $3,918 |
| 60609 | $3,755 |
| 60619 | $3,747 |
The least expensive ZIP codes in Illinois for home insurance
The cheapest ZIP codes for home insurance in Illinois are:
| ZIP code | Average annual rates |
|---|---|
| 61702 | $1,961 |
| 60183 | $1,997 |
| 61871 | $2,004 |
| 61758 | $2,004 |
| 60147 | $2,009 |
| 61424 | $2,011 |
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 need to buy flood insurance. You can purchase a policy through a private insurance company or through the National Flood Insurance Program (NFIP).
Is homeowners insurance required in Illinois?
There is no law requiring home insurance in Illinois or in any state. However, your mortgage company will require you to carry insurance. Once your home is paid off, it’s up to you, but canceling home insurance is never recommended.
