Home Insurance in Illinois

Home insurance in Illinois is below the national average, though severe thunderstorms, tornadoes, and hail across the state still drive a steady stream of claims.

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Illinois at a glance

Data as of 2022

Average cost

$1,343/yr

$112/mo

vs U.S. average

-14%

below the national avg of $1,569/yr

Top risks

Tornadoes, hail & severe storms

Source: NAIC (2022). Average annual premium for owner-occupied HO-3 homeowners policies.

Home insurance in Illinois is below the national average, though severe thunderstorms, tornadoes, and hail across the state still drive a steady stream of claims.

How much does home insurance cost in Illinois?

The average homeowner in Illinois pays $1,343 per year for home insurance — that’s 14% below the U.S. national average of $1,569/yr. Your own rate depends on your home’s rebuild cost, age, construction, location, and claims history.

Illinois vs the national average

14% below the national average of $1,569/yr.

IllinoisNational avg

Source: NAIC (2022). Average annual premium for owner-occupied HO-3 homeowners policies.

What drives home insurance costs in Illinois

Wind and hail are the leading claim types, and many policies apply a separate wind/hail deductible. Older housing and winter freeze damage also factor into rates.

What home insurance covers

A standard Illinois homeowners (HO-3) policy bundles several coverages. Note what’s not included — flood and earthquake always require separate policies.

CoverageWhat it coversIn a standard policy?
Dwelling (Coverage A)The structure of your home itselfCore coverage
Other structures (B)Detached garages, fences, shedsIncluded
Personal property (C)Your belongings — furniture, electronics, clothesIncluded
Liability (E)Injuries to others or damage you’re responsible forIncluded
Loss of use (D)Living expenses if your home is uninhabitableIncluded
Flood / earthquakeFlood and quake damageExcluded — separate policy

Homeowners insurance is not legally mandated, but mortgage lenders require it for the life of your loan.

How to lower your home insurance in Illinois

Rates for the same home can vary widely between insurers in Illinois, so comparing several quotes is the most effective way to save. A few other ways to lower your premium:

  • Raise your deductible if you can cover it in a claim
  • Bundle home and auto insurance with one carrier
  • Harden your home against local risks (impact-resistant roof, storm shutters, defensible space) for discounts
  • Improve security — alarms, smoke detectors, water-leak sensors
  • Avoid small claims so you keep claims-free discounts

Average premium data last verified June 6, 2026. Source: NAIC. Figures are statewide averages — your quote will differ based on your specific home.

Illinois home insurance FAQs

Common questions about homeowners insurance in Illinois

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