Illinois home insurance

Every figure below is sourced and dated. Estimates only — not quotes, and not offers of coverage.

Home insurance premium estimator

What homeowners insurance costs in your state, and whether what you pay is out of line.

Replacement cost calculator

Is your dwelling coverage actually enough to rebuild — and what a shortfall costs at claim time.

Deductible comparison

What a higher deductible really saves, how long it takes to pay off, and what a storm deductible actually costs.

Renewal increase check

Did your renewal go up more than premiums did across your state — and what to do about it.

Full coverage check

All six limits on your policy against what the standard form and regulators say to expect — including the liability limit nobody looks at.

Illinois at a glance

Average premium: $2,697/ yr; At $300,000 of dwelling coverage.
Standard deductible: $1,000; Applies to everyday claims.
Storm deductible — separate, and much larger: $3,000(1% of coverage); What you would pay out of pocket on $300,000 of coverage before a storm claim pays anything — not the $1,000 above.
Insurer of last resort: Illinois FAIR Plan Association; A not-for-profit property insurance association backed by nearly 500 Illinois insurers, providing coverage to Illinois applicants who cannot buy in the standard market for reasons beyond their control. It writes Dwelling Property, Homeowners (including renters and condominium owners) and Commercial Property. Named perils include fire, lightning, wind, hail, explosion, smoke, vehicles, aircraft, and vandalism and malicious mischief; homeowners forms add burglary, theft and personal liability. Earthquake is available by endorsement on dwelling and homeowners policies with a 5% deductible -- relevant in southern Illinois near the New Madrid zone. Applicants are expected to have tried the standard market first and a property inspection verifies the risk meets reasonable standards; reported practice is proof of rejection from three private insurers. Coverage is intended as a bridge of a year or two rather than a permanent home. The Illinois Department of Insurance approved an 11.6% statewide average homeowners rate increase effective April 1, 2026 (following a 13.8% dwelling-fire increase effective April 1, 2025), so the residual market here is repricing alongside the voluntary one.

Last updated 2026-08-28. How we source every figure