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 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.

Best home insurance companies in Illinois
Insurance companyAM BestAverage annual rateNAIC Complaint ratioInsurance.com score
Auto-OwnersA++$1,7390.194.89
USAAA++$1,9330.414.73
Country FinancialA+$3,2300.144.42
NationwideA+$2,1080.754.35
State FarmA++$2,0211.074.34
FarmersA$2,7180.334.29
American FamilyA$3,1770.64.03
AllstateA+$1,4062.043.8
TravelersA++$7,4090.63.35

*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. Our rate analysis shows Allstate has the most affordable rates in every category.

Cheapest home insurance rates in Illinois by coverage level
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 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 Florida
$200,000
$200,000 $300,000 $400,000 $500,000 $600,000
$1000
$1,000
$100,000
$100,000 $300,000
View most and least expensive ZIP codes

Most & least expensive ZIP codes for homeowners insurance in Florida

Most expensive

ZIP CodeCityHighest Rate
32805Holden Heights$5,278
33455Hobe Sound$5,273
33150Gladeview$5,065
32806Conway$5,052

Least expensive

ZIP CodeCityLowest Rate
34234North Sarasota$1,134
32071O Brien$1,136
34994North River Shores$1,137
33544Wesley Chapel$1,140

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 codeAverage 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 codeAverage annual rates
61702$1,961
60183$1,997
61871$2,004
61758$2,004
60147$2,009
61424$2,011

Compare homeowners insurance rates by city in Illinois

Home 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 home insurance for your specific city in Illinois.

CityAnnual insurance premium
Aurora
$1,889
Champaign
$1,850
Chicago
$2,565
Elgin
$1,942
Joliet
$1,992
Naperville
$1,889
Peoria
$1,966
Rockford
$1,894
Springfield
$1,944

Home insurance FAQs

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.

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