How to Find the Best Homeowners Insurance Coverage in Illinois

Illinois is the great place to settle down in, it has a beautiful countryside, friendly people, and abundance of living options. The typical home insurance cost in Illinois sits below the national average, yet it might shift its balance because of the increasing age of Illinois homes. The average rate for homeowners insurance costs $1033 per year, compared to the nationwide average of $1,172.

It is important to protect your property with the right homeowners insurance. To determine the right company, weighing their policies is the only way to find out which company offers the best deal. Check your policy carefully and read through the list of policy parts for you to find out how your insurance works.

Illinois Best Homeowners Insurance Providers

Country Financial

Country Financial’s rates are known for being pretty affordable. They offer three levels of coverage, the Basic plan which is also known as the standard policy that covers fire, theft, and storm damage. The most expensive coverage they have is the Premier which covers all the standard perils, minor incidents like power surge damage. In the middle, you will find the Combined coverage of the Basic plan and Premier.


Like most home insurance providers, Travelers sticks to the standard value deductible. The company offers seven options which cost between $1,000 to $50,000. It allows you to find the perfect plan that fits your budget. They also offer a separate policy for wind/hail deductible.

State Farm

One of the cheapest option. All of its policy offerings are clearly stated on the company’s website. Detailed questions regarding your home’s construction are all on the said site.

Liberty Manual

Keep its rates lower by offering an impressive 15 homeowners insurance discounts such as updated utility and new roof discounts. If you are a member of one of the Liberty Mutual’s partner organizations, you can score up additional saving.


Allstate offers a couple of endorsements that can help you keep up on your premium low over the long term. They also have Claim-Free Rewards that gives bonus check every year without filling a homeowners claim. If you are suffering from hailstorms and need to upgrade your roof, the company will give you a discount there as well.

Things to Remember in Choosing Homeowners Insurance in Illinois

Ask About Weather-Related Incident

Flooding is definitely the most common incidents happened in Illinois as well as tornadoes on occasion and because of these, weather-related claims have been rising in Illinois. Insurance claims stay with you for several years, and the more you file the higher your insurance premiums are likely to be. Discuss with your agent about the perils and ask whether your standard insurance policy covers them.

Home’s Age

Illinois’ home average is in between 40 to 50 years old. This means if you’re looking something vintage this could result in much higher premiums for you. Considering that you will be doing repairs if any like updating home’s electrical, heating and plumbing system, your coverage will fall short. It will cost more but it could end up saving you quite a bit in insurance premiums over the long term.

Optional Coverage

It is not at all unusual for a homeowner to hold a separate policy just for their personal possessions. Personal property limits indicate the value of your personal effects that will cover in the event of a total loss. You might have the right type of perils covered, but there are certain policies that will only pay a portion of the damage.