The MFP’s Community Home Insurance Survey uses Illinois homeowners feedback and recommendations for insurers, agents, and brokers. It also shows premiums by home values and deductibles in the state and its main cities.
Shopping for home insurance can be complicated and we gathered this data to help your choice.
Updated: January 8, 2026
<< Human Powered Recommendations from Illinois’ Own Homeowners>>
- Illinois Best Home Insurance Companies
- Best Home Insurance by City: Cost, Deductible & Rating
- Biggest Home Insurance Cost Factors in Illinois
- Best Home Insurance Discounts in Illinois
- How to Find Cheap Home Insurance in Illinois
- 5 Ways to Reduce Your Home Insurance Cost in Illinois
- What Does Home Insurance Cover in Illinois?
- Extra Coverage Options in Illinois
- FAQ: Illinois Home Insurance
Illinois Best Insurance Companies
MFP’s Community Home Insurance Survey most recommended home insurers in Illinois are Amica, USAA, and Erie .
| Insurer | Coverage | Customer Experience | Cost | Ease of Use | Recommend % |
|---|---|---|---|---|---|
| Amica | 4.5 | 4.7 | 4.0 | 4.5 | 89% |
| USAA | 4.8 | 4.9 | 4.2 | 4.6 | 93% |
| State Farm | 4.3 | 4.5 | 4.0 | 4.2 | 85% |
| Allstate | 4.0 | 4.2 | 4.1 | 4.3 | 82% |
| Erie | 4.6 | 4.8 | 3.8 | 3.9 | 88% |
| Travelers | 4.1 | 4.0 | 4.2 | 4.1 | 80% |
| Farmers | 3.9 | 3.8 | 4.0 | 3.9 | 78% |
| American Family | 4.2 | 4.3 | 4.0 | 4.1 | 84% |
| Lemonade | 3.8 | 4.0 | 4.7 | 4.5 | 81% |
| Nationwide | 4.0 | 4.1 | 4.0 | 4.0 | 83% |
Illinois average home insurance for a $1,000 deductible:
- Illinois average premiums for a $300K Home is $1,363 (while it’s $1,568 nationally).
- Illinois average premiums for a $400K Home is $1,688. It’s $2,088 nationally.
- Illinois average premiums for a $600K Home is $2,276 (and it’s $2,906 nationally).
Best Insurance in Illinois’ cities
Chicago, Aurora, Joliet, Naperville, Rockford, Springfield, Elgin, Peoria, Waukegan, Champaign
Recommendations are gathered from 3,916 local Illinois members who requested a quote, filed a claim or got new home insurance in the past 12 months. We survey 4 broad areas; cost, customer experience, coverage and ease of use, plus if homeowners recommend the insurer, agent or broker:
- Coverage (0 to 5): Are you satisfied with the insurance coverage offered? Do you consider your belongings are adequately insured for various events? Are you satisfied with the available options?
- Customer Experience: Are you happy with the quality of service and communication during and after your quote? Or claim handling? A good score here reflects friendly, knowledgeable agents, prompt responses, and a transparent, supportive claims process.
- Ease of Use (0 to 5): Are the policy documents clear? Is it simple to apply for your policy? If you did, was the claim filing process (through an app or website) easy?
- Cost (0 to 5): Considering the coverage and deductible you’re (or you’ll be) paying, do you feel you’re getting good value with your insurance? Is the pricing transparent with no hidden fees? Are discounts readily available and applied?
- Recommendation (yes/no): Do you recommend this insurer, agent or broker after going through the process?
More Information for Illinois Homeowners:
How Much Home Coverage Do You Need?
Home Insurance Coverage Add-ons You May Need
Home Insurance Shopping: How to Save Money
Illinois Best Mortgage Lenders from Community Recommendations
Illinois Best Refinance Lenders from Community Recommendations
More Resources for Illinois Homeowners.
Chicago Home Insurance Costs
Compare Chicago 2026 annual home insurance cost across different home values and deductibles. All cost assume standard coverage levels.
In Chicago, the average annual insurance cost for a $300K home with a $500 deductible is $1,623. Choosing a $2,000 deductible instead of $500 can lower annual cost by 19.7% in Chicago for a $300K home.
Chicago’s $600K home insurance cost is 22.9% higher than the Illinois average of $2,530. The Chicago average annual cost for a $600K home with a $500 deductible is $3,108.
In Chicago, the average annual cost for a $800K Home with a $500 deductible is $3,885. Its cost is 24.6% higher than the Illinois average of $3,118.
| Deductible | ||||||
|---|---|---|---|---|---|---|
| Home Value | $500 | $1,000 | $1,500 | $2,000 | $5,000 | $10,000 |
| $100K Home | $906 | $821 | $788 | $728 | $620 | $534 |
| $200K Home | $994 | $901 | $864 | $799 | $680 | $586 |
| $300K Home | $1,623 | $1,471 | $1,411 | $1,304 | $1,110 | $956 |
| $400K Home | $2,366 | $2,144 | $2,057 | $1,901 | $1,618 | $1,393 |
| $600K Home | $3,108 | $2,817 | $2,702 | $2,497 | $2,126 | $1,831 |
| $800K Home | $3,885 | $3,521 | $3,377 | $3,121 | $2,657 | $2,288 |
| $1M Home | $4,507 | $4,085 | $3,918 | $3,621 | $3,082 | $2,655 |
Chicago Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Chicago’s area are Amica, State Farm, and Allstate.
- Amica (89%): Homeowners praise its comprehensive coverage and hassle-free claims process.
- USAA (93%): Users highlight its responsive agents and competitive bundling discounts.
- Erie (88%): Members appreciate its localized risk assessments and transparent pricing.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| Amica | Insurer | 4.5 | 4.7 | 4.5 | 4.0 | 89% |
| State Farm | Agents | 4.3 | 4.5 | 4.2 | 4.0 | 85% |
| Allstate | Agents | 4.0 | 4.2 | 4.3 | 4.1 | 82% |
| Travelers | Insurer | 4.1 | 4.0 | 4.1 | 4.2 | 80% |
| American Family | Agents | 4.2 | 4.3 | 4.1 | 4.0 | 84% |
| Farmers | Agents | 3.9 | 3.8 | 3.9 | 4.0 | 78% |
| Lemonade | Insurer | 3.8 | 4.0 | 4.5 | 4.7 | 81% |
| Nationwide | Agents | 4.0 | 4.1 | 4.0 | 4.0 | 83% |
| Erie | Insurer | 4.6 | 4.8 | 3.9 | 3.8 | 88% |
| USAA | Insurer | 4.8 | 4.9 | 4.6 | 4.2 | 93% |
See also:
Chicago Best Refinance Lenders
Chicago Best Home Loan Lenders
Aurora Home Insurance Costs
Compare Aurora 2026 annual home insurance cost across different home values and deductibles. All cost assume standard coverage levels.
In Aurora, the average annual insurance cost for a $300K home with a $500 deductible is $1,271. Choosing a $2,000 deductible instead of $500 can lower annual cost by 29.2% in Aurora for a $300K home.
Aurora’s $600K home insurance cost is 19.4% lower than the Illinois average of $2,530. The Aurora average annual cost for a $600K home with a $500 deductible is $2,038.
Aurora’s $800K home insurance cost is 18.3% lower than the Illinois average of $3,118. The Aurora average annual cost for a $800K Home with a $500 deductible is $2,548.
| Deductible | ||||||
|---|---|---|---|---|---|---|
| Home Value | $500 | $1,000 | $1,500 | $2,000 | $5,000 | $10,000 |
| $100K Home | $760 | $633 | $570 | $538 | $443 | $411 |
| $200K Home | $1,015 | $846 | $761 | $719 | $592 | $550 |
| $300K Home | $1,271 | $1,059 | $953 | $900 | $741 | $688 |
| $400K Home | $1,527 | $1,272 | $1,145 | $1,081 | $890 | $826 |
| $600K Home | $2,038 | $1,698 | $1,528 | $1,443 | $1,188 | $1,103 |
| $800K Home | $2,548 | $2,123 | $1,910 | $1,804 | $1,485 | $1,379 |
| $1M Home | $2,955 | $2,462 | $2,216 | $2,092 | $1,723 | $1,599 |
Aurora Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Aurora’s area are Acceptance, State Farm, and American Family.
- Acceptance (87%): Homeowners value its affordability and local agent accessibility.
- State Farm (84%): Users commend its tailored policies for Aurora’s weather risks.
- Erie (86%): Members like its seamless bundling options and claims support.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| Acceptance | Broker | 4.0 | 4.3 | 4.1 | 4.5 | 87% |
| State Farm | Agents | 4.2 | 4.4 | 4.0 | 4.1 | 84% |
| American Family | Agents | 4.1 | 4.2 | 4.0 | 4.0 | 83% |
| Allstate | Agents | 3.9 | 4.0 | 4.2 | 4.1 | 81% |
| Farmers | Agents | 3.8 | 3.9 | 3.8 | 3.9 | 79% |
| Travelers | Insurer | 4.0 | 3.9 | 4.0 | 4.2 | 80% |
| Nationwide | Agents | 3.9 | 4.0 | 3.9 | 4.0 | 82% |
| Erie | Insurer | 4.5 | 4.7 | 3.8 | 3.7 | 86% |
| Liberty Mutual | Agents | 3.7 | 3.8 | 3.9 | 4.0 | 78% |
| Country Financial | Broker | 4.2 | 4.3 | 4.0 | 4.1 | 85% |
See also:
Joliet Home Insurance Costs
Compare Joliet 2026 annual home insurance cost across different home values and deductibles. All cost assume standard coverage levels.
In Joliet, the average annual insurance cost for a $300K home with a $500 deductible is $1,542. Choosing a $2,000 deductible instead of $500 can lower annual cost by 19.6% in Joliet for a $300K home.
Joliet’s $600K home insurance cost is 3.3% lower than the Illinois average of $2,530. The Joliet average annual cost for a $600K home with a $500 deductible is $2,447.
| Deductible | |||||
|---|---|---|---|---|---|
| Home Value | $500 | $1,000 | $1,500 | $2,000 | $5,000 |
| $100K Home | $937 | $849 | $814 | $753 | $641 |
| $200K Home | $1,240 | $1,124 | $1,077 | $997 | $849 |
| $300K Home | $1,542 | $1,397 | $1,339 | $1,239 | $1,055 |
| $400K Home | $1,844 | $1,670 | $1,601 | $1,481 | $1,261 |
| $600K Home | $2,447 | $2,217 | $2,125 | $1,966 | $1,674 |
Joliet Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Joliet’s area are Magnum Insurance, State Farm, and Farmers.
- Magnum Insurance (86%): Homeowners appreciate its personalized service and local expertise.
- State Farm (83%): Users highlight its efficient claims handling and agent responsiveness.
- Farmers (80%): Members note its competitive rates for older homes in Joliet.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| Magnum Insurance | Broker | 4.4 | 4.6 | 4.0 | 4.2 | 86% |
| State Farm | Agents | 4.1 | 4.3 | 4.0 | 4.1 | 83% |
| Farmers | Agents | 3.9 | 4.0 | 3.8 | 4.0 | 80% |
| Allstate | Agents | 3.8 | 3.9 | 4.1 | 4.0 | 79% |
| American Family | Agents | 4.0 | 4.1 | 3.9 | 4.0 | 82% |
| Travelers | Insurer | 3.9 | 3.8 | 4.0 | 4.1 | 81% |
| Nationwide | Agents | 3.8 | 3.9 | 3.9 | 4.0 | 80% |
| Erie | Insurer | 4.3 | 4.5 | 3.7 | 3.8 | 85% |
| Liberty Mutual | Agents | 3.6 | 3.7 | 3.8 | 3.9 | 77% |
| Country Financial | Broker | 4.1 | 4.2 | 4.0 | 4.1 | 84% |
See also:
Naperville Home Insurance Costs
Compare Naperville 2026 annual home insurance cost across different home values and deductibles. All cost assume standard coverage levels.
In Naperville, the average annual insurance cost for a $300K home with a $500 deductible is $1,461. Choosing a $2,000 deductible instead of $500 can lower annual cost by 19.6% in Naperville for a $300K home.
Naperville’s $600K home insurance cost is 7.6% lower than the Illinois average of $2,530. The Naperville average annual cost for a $600K home with a $500 deductible is $2,338.
Naperville’s $800K home insurance cost is 6.3% lower than the Illinois average of $3,118. The Naperville average annual cost for a $800K Home with a $500 deductible is $2,922.
| Deductible | ||||||
|---|---|---|---|---|---|---|
| Home Value | $500 | $1,000 | $1,500 | $2,000 | $5,000 | $10,000 |
| $100K Home | $877 | $794 | $762 | $704 | $599 | $702 |
| $200K Home | $1,169 | $1,059 | $1,016 | $939 | $799 | $936 |
| $300K Home | $1,461 | $1,324 | $1,270 | $1,174 | $999 | $1,170 |
| $400K Home | $1,753 | $1,589 | $1,524 | $1,409 | $1,199 | $1,404 |
| $600K Home | $2,338 | $2,118 | $2,032 | $1,878 | $1,598 | $1,872 |
| $800K Home | $2,922 | $2,648 | $2,540 | $2,348 | $1,998 | $2,340 |
| $1M Home | $3,390 | $3,072 | $2,946 | $2,724 | $2,318 | $2,714 |
Naperville Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Naperville’s area are Greene Insurance Group, State Farm, and Allstate.
- Greene Insurance Group (88%): Users praise its independent agent flexibility and multi-carrier comparisons.
- State Farm (85%): Homeowners value its bundling discounts and local agent network.
- American Family (84%): Members highlight its storm damage coverage and online tools.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| Greene Insurance Group | Broker | 4.5 | 4.7 | 4.2 | 4.3 | 88% |
| State Farm | Agents | 4.2 | 4.4 | 4.1 | 4.0 | 85% |
| Allstate | Agents | 4.0 | 4.1 | 4.2 | 4.1 | 83% |
| American Family | Agents | 4.1 | 4.2 | 4.0 | 4.0 | 84% |
| Travelers | Insurer | 4.0 | 3.9 | 4.1 | 4.2 | 82% |
See also:
Naperville Best Refinance Lenders
Naperville Best Home Loan Lenders
Rockford Home Insurance Costs
Compare Rockford 2026 annual home insurance cost across different home values and deductibles. All cost assume standard coverage levels.
In Rockford, the average annual insurance cost for a $300K home with a $500 deductible is $1,704. Choosing a $2,000 deductible instead of $500 can lower annual cost by 19.7% in Rockford for a $300K home.
Rockford’s $600K home insurance cost is 6.5% higher than the Illinois average of $2,530. The Rockford average annual cost for a $600K home with a $500 deductible is $2,693.
| Deductible | |||||
|---|---|---|---|---|---|
| Home Value | $500 | $1,000 | $1,500 | $2,000 | $5,000 |
| $100K Home | $1,045 | $947 | $909 | $840 | $715 |
| $200K Home | $1,376 | $1,247 | $1,196 | $1,105 | $941 |
| $300K Home | $1,704 | $1,544 | $1,482 | $1,369 | $1,166 |
| $400K Home | $2,034 | $1,843 | $1,769 | $1,634 | $1,392 |
| $600K Home | $2,693 | $2,440 | $2,342 | $2,164 | $1,843 |
Rockford Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Rockford’s area are Eckburg Insurance Group, State Farm, and American Family.
- Eckburg Insurance Group (90%): Homeowners commend its family-owned service and advocacy during claims.
- State Farm (86%): Users appreciate its agent responsiveness and winter-risk coverage.
- American Family (84%): Members note its competitive rates for older Rockford homes.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| Eckburg Insurance Group | Broker | 4.6 | 4.8 | 4.3 | 4.4 | 90% |
| State Farm | Agents | 4.3 | 4.5 | 4.1 | 4.0 | 86% |
| American Family | Agents | 4.2 | 4.3 | 4.0 | 4.1 | 84% |
| Allstate | Agents | 4.0 | 4.1 | 4.2 | 4.1 | 83% |
| Farmers | Agents | 3.9 | 4.0 | 3.9 | 4.0 | 81% |
See also:
Rockford Best Refinance Lenders
Rockford Best Home Loan Lenders
Springfield Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Springfield’s area are Goodman Agency Inc., The Group Insurance Agency, and Blue Oak Insurance Agency.
- Goodman Agency Inc. (89%): Homeowners praise its comprehensive coverage and community-focused service.
- The Group Insurance Agency (87%): Users highlight its multi-carrier flexibility and personalized policy options.
- Blue Oak Insurance Agency (85%): Members appreciate its extensive carrier network and transparent pricing.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| Goodman Agency Inc. | Broker | 4.5 | 4.7 | 4.3 | 4.2 | 89% |
| The Group Insurance Agency | Broker | 4.4 | 4.6 | 4.2 | 4.1 | 87% |
| Blue Oak Insurance Agency | Broker | 4.3 | 4.5 | 4.4 | 4.0 | 85% |
| Bailey Family Insurance | Broker | 4.1 | 4.3 | 4.0 | 4.1 | 83% |
| Forsyth Insurance Group | Broker | 4.0 | 4.2 | 3.9 | 4.0 | 81% |
See also:
Sprinfield Best Refinance Lenders
Sprinfield Best Home Loan Lenders
Elgin Home Insurance Costs
Compare Elgin 2026 annual home insurance cost across different home values and deductibles. All cost assume standard coverage levels.
In Elgin, the average annual insurance cost for a $300K home with a $500 deductible is $1,542. Choosing a $2,000 deductible instead of $500 can lower annual cost by 19.6% in Elgin for a $300K home.
Elgin’s $600K home insurance cost is 6.7% higher than the Illinois average of $2,530. The Elgin average annual cost for a $600K home with a $500 deductible is $2,699.
| Deductible | |||||
|---|---|---|---|---|---|
| Home Value | $500 | $1,000 | $1,500 | $2,000 | $5,000 |
| $100K Home | $771 | $699 | $670 | $620 | $528 |
| $200K Home | $1,157 | $1,048 | $1,004 | $929 | $791 |
| $300K Home | $1,542 | $1,397 | $1,339 | $1,239 | $1,055 |
| $400K Home | $1,928 | $1,746 | $1,674 | $1,549 | $1,319 |
| $600K Home | $2,699 | $2,445 | $2,343 | $2,168 | $1,846 |
Elgin Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Elgin’s area are ADH Insurance Agency, State Farm, and Allstate.
- ADH Insurance Agency (88%): Homeowners commend its veteran-owned service and tailored coverage.
- State Farm (85%): Users note its bundling discounts and responsive local agents.
- Allstate (82%): Members value its storm damage coverage and online tools.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| ADH Insurance Agency | Broker | 4.6 | 4.8 | 4.2 | 4.3 | 88% |
| State Farm | Agents | 4.3 | 4.5 | 4.1 | 4.0 | 85% |
| Allstate | Agents | 4.0 | 4.2 | 4.2 | 4.1 | 82% |
| American Family | Agents | 4.1 | 4.2 | 4.0 | 4.0 | 83% |
| Farmers | Agents | 3.9 | 4.0 | 3.9 | 4.0 | 80% |
See also:
Peoria Home Insurance Costs
Compare Peoria 2026 annual home insurance cost across different home values and deductibles. All cost assume standard coverage levels.
Peoria average annual cost for a $300K home with a $500 deductible is $1,493. Choosing a $2,000 deductible instead of $500 can lower annual cost by 19.6% in Peoria for a $300K home.
Peoria’s $600K home insurance cost is 5.6% lower than the Illinois average of $2,530. The Peoria average annual cost for a $600K home with a $500 deductible is $2,389.
| Deductible | |||||
|---|---|---|---|---|---|
| Home Value | $500 | $1,000 | $1,500 | $2,000 | $5,000 |
| $100K Home | $896 | $812 | $779 | $720 | $613 |
| $200K Home | $1,194 | $1,082 | $1,039 | $960 | $817 |
| $300K Home | $1,493 | $1,353 | $1,299 | $1,200 | $1,021 |
| $400K Home | $1,792 | $1,624 | $1,559 | $1,440 | $1,225 |
| $600K Home | $2,389 | $2,165 | $2,078 | $1,920 | $1,634 |
Peoria Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Peoria’s area are Country Financial, State Farm, and Erie Insurance.
- Country Financial (86%): Homeowners appreciate its farm and rural property expertise.
- State Farm (84%): Users highlight its agent accessibility and winter-risk policies.
- Erie Insurance (83%): Members praise its claims efficiency and no-nonsense pricing.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| Country Financial | Broker | 4.5 | 4.7 | 4.1 | 4.2 | 86% |
| State Farm | Agents | 4.2 | 4.4 | 4.0 | 4.1 | 84% |
| Erie Insurance | Insurer | 4.6 | 4.8 | 3.9 | 3.8 | 83% |
| Allstate | Agents | 4.0 | 4.1 | 4.1 | 4.0 | 81% |
| American Family | Agents | 4.1 | 4.2 | 4.0 | 4.0 | 82% |
See also:
Waukegan Home Insurance Costs
Compare Waukegan 2026 annual home insurance cost across different home values and deductibles. All cost assume standard coverage levels.
In Waukegan, the average annual insurance cost for a $300K home with a $500 deductible is $1,574. Choosing a $2,000 deductible instead of $500 can lower annual cost by 19.6% in Waukegan for a $300K home.
Waukegan’s $600K home insurance cost is 9.7% higher than the Illinois average of $2,530. The Waukegan average annual cost for a $600K home with a $500 deductible is $2,776.
| Deductible | |||||
|---|---|---|---|---|---|
| Home Value | $500 | $1,000 | $1,500 | $2,000 | $5,000 |
| $100K Home | $832 | $754 | $724 | $669 | $569 |
| $200K Home | $1,205 | $1,093 | $1,048 | $969 | $825 |
| $300K Home | $1,574 | $1,427 | $1,369 | $1,265 | $1,077 |
| $400K Home | $1,932 | $1,751 | $1,680 | $1,553 | $1,322 |
| $600K Home | $2,776 | $2,516 | $2,414 | $2,231 | $1,899 |
Waukegan Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Waukegan’s area are Nauta Insurance Agency, Statewide Insurance Solutions, and Diego Mendez State Farm.
- Nauta Insurance Agency (87%): Users value its multi-carrier options and bilingual support.
- Statewide Insurance Solutions (85%): Homeowners commend its tornado and fire coverage.
- Alamo Insurance (84%): Members like its budget-friendly plans and agent responsiveness.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| Nauta Insurance Agency | Broker | 4.4 | 4.6 | 4.1 | 4.2 | 87% |
| Statewide Insurance Solutions | Broker | 4.3 | 4.5 | 4.0 | 4.1 | 85% |
| Diego Mendez State Farm | Agents | 4.1 | 4.3 | 4.2 | 4.0 | 83% |
| Northwest Insurance Network | Broker | 4.0 | 4.2 | 3.9 | 4.0 | 82% |
| Alamo Insurance | Broker | 4.2 | 4.3 | 4.1 | 4.0 | 84% |
See also:
Waukegan Best Refinance Lenders
Waukegan Best Home Loan Lenders
Champaign Home Insurance Costs
Compare Champaign 2026 annual home insurance cost across different home values and deductibles. All cost assume standard coverage levels.
In Champaign, the average annual insurance cost for a $300K home with a $500 deductible is $1,428. Choosing a $2,000 deductible instead of $500 can lower annual cost by 19.6% in Champaign for a $300K home.
Champaign’s $600K home insurance cost is 9.9% lower than the Illinois average of $2,530. The Champaign average annual cost for a $600K home with a $500 deductible is $2,280.
| Deductible | |||||
|---|---|---|---|---|---|
| Home Value | $500 | $1,000 | $1,500 | $2,000 | $5,000 |
| $100K Home | $860 | $779 | $748 | $691 | $588 |
| $200K Home | $1,144 | $1,037 | $995 | $920 | $783 |
| $300K Home | $1,428 | $1,294 | $1,242 | $1,148 | $977 |
| $400K Home | $1,712 | $1,551 | $1,489 | $1,376 | $1,171 |
| $600K Home | $2,280 | $2,066 | $1,983 | $1,833 | $1,560 |
Champaign’s Best Home Insurance
MFP’s Home Insurance Survey most recommended insurers and brokers in Champaign’s area are Rector Insurance Agency, InsureChampaign, and State Farm.
- Rector Insurance Agency (88%): Homeowners praise its independent agent flexibility and UIUC-area expertise.
- InsureChampaign (86%): Users highlight its no-hassle quoting and local ownership.
- State Farm (84%): Members appreciate its bundling discounts and campus-area agents.
| Name | Type | Coverage | Client Experience | Ease of Use | Cost | Recommend % |
|---|---|---|---|---|---|---|
| Rector Insurance Agency | Broker | 4.5 | 4.7 | 4.3 | 4.2 | 88% |
| InsureChampaign | Broker | 4.4 | 4.6 | 4.5 | 4.1 | 86% |
| State Farm | Agents | 4.2 | 4.4 | 4.1 | 4.0 | 84% |
| Nationwide | Agents | 4.0 | 4.1 | 4.0 | 4.0 | 83% |
| American Family | Agents | 4.1 | 4.2 | 4.0 | 4.0 | 82% |
See also:
Champaign Best Refinance Lenders
Champaign Best Home Loan Lenders
Biggest Home Insurance Cost Factors in Illinois
Weather Risks
Illinois faces a mix of severe weather risks that directly impact home insurance premiums. Tornadoes, hailstorms, and thunderstorms are common in spring and summer, while harsh winter storms can cause ice damming and frozen pipes. In southern Illinois, flooding risks from heavy rains and the Mississippi River also play a role. Areas more prone to these hazards tend to have higher insurance rates because insurers factor in the cost of potential claims.
Home Construction Age
Older homes in Illinois often cost more to insure because they may have outdated wiring, plumbing, or roofing, which increase the likelihood of costly claims. Homes built before modern building codes can also be more vulnerable to wind and storm damage. In newer suburban areas around Chicago or Naperville, homes often qualify for lower rates due to modern construction materials and safety features.
| Home Age | Typical Cost Change |
|---|---|
| 0–5 years | 15% to 25% less |
| 6–10 years | 15% to 5% less |
| 11–20 years | 0% |
| 21–30 years | 10% to 20% more |
| 31–40 years | 25% to 40% more |
| 41–60 years | 45% to 65% more |
| 60+ years | 70% to 100% more |
In Illinois, these ratios are consistent, but older homes in historic districts (like parts of Springfield or Galena) can be even more expensive to insure because repairs must match historical standards. Meanwhile, newer construction in suburban developments often falls at the lower end of the cost spectrum.
Credit Score
Credit score is a significant rating factor in Illinois, with lower scores often leading to sharply higher premiums. This is because insurers find that homeowners with lower credit scores tend to file more claims. Illinois allows credit-based insurance scoring, so maintaining a strong credit profile can have a direct impact on your annual premium.
| Credit Score | Typical Cost Change |
|---|---|
| Excellent | 0% |
| Good | 20% more |
| Average | 40% more |
| Poor | 100% to 170% more |
In Illinois, the gap between Excellent and Poor credit can mean paying thousands more per year, especially in high-value areas like Chicago’s North Shore or Naperville. Improving your credit score is one of the fastest ways to lower cost.
Location
Where your home is located in Illinois plays a huge role in insurance pricing. Urban areas like Chicago may have higher cost due to greater theft and vandalism risks, while rural areas may face higher rates because of limited emergency services and greater distance from fire stations. Proximity to lakes or rivers, such as in towns along the Illinois or Mississippi Rivers, can add flood risks not covered under standard policies, requiring additional flood coverage.
Best Home Insurance Discounts in Illinois
- Multi-policy discount – Bundle home and auto insurance for significant savings.
- Claims-free discount – Reward for not filing claims for several years.
- Security system discount – For homes with burglar alarms, smoke detectors, or monitored systems.
- New roof discount – Particularly valuable in storm-prone Illinois areas.
- Gated community discount – Available in some suburban developments.
How to Find the Best Cheap Home Insurance in Illinois
Homeowners should compare quotes from multiple insurers, focusing not just on price but on coverage quality and financial stability of the insurer. Look for discounts, adjust deductibles, and ensure coverage matches the home’s replacement cost. The cheapest policy isn’t always the best—underinsured homes can face huge out-of-pocket costs after a loss.
5 Ways to Reduce Your Home Insurance Cost in Illinois
- Increase your deductible.
- Install a monitored security system.
- Bundle with auto or other policies.
- Upgrade your roof and home systems.
- Maintain a good credit score.
What Does Home Insurance Cover in Illinois?
Standard Illinois home insurance typically covers dwelling structure, personal property, liability, and additional living expenses after a covered loss. Covered perils often include fire, wind, hail, theft, and some water damage, but not flooding or earthquake without additional coverage.
Extra Coverage Options in Illinois
Optional coverages include flood insurance (via NFIP or private insurers), earthquake coverage, sewer backup protection, and scheduled personal property endorsements. Homeowners should consider these when living near rivers, in older homes with aging plumbing, or owning high-value personal items.
FAQ: Home Insurance in Illinois
Is flood insurance included? No, it must be purchased separately.
Are tornadoes covered? Yes, wind damage from tornadoes is typically covered.
Can my premium go up after a claim? Yes, filing a claim often increases future premiums.
Do I need extra coverage for sump pump failure? Yes, you need a specific endorsement.
How often should I shop for insurance? At least once every 1–2 years to compare rates.