Property insurance in IL covers your home and most of your belongings. Insurance providers will typically combine home insurance with liability insurance which pays for property damage and injuries caused by family members and pets. Property insurance will also cover temporary living expenses when a natural disaster requires you to live away from home.

IL property insurance also covers most natural disasters like fire, hail and lightning. A standard homeowner’s insurance policy may specify other perils although earthquakes and floods will need to be insured by individual policies. Property insurance in Illinois will not cover losses caused by poor maintenance.

Three key factors affect the cost of property insurance companies in Illinois:

1. The specific location of the property can require additional insurance that is dictated by geography. For example, home insurance in Illinois should include coverage for ice, sleet and snow.
2. Effective loss-control measures can control the premium for property insurance in IL. This most commonly refers to an alarm system.
3. Home insurance should allow you to replace detached structures in addition to rebuilding your house. These structures are typically covered up to a fixed percentage of the value of the house.

Action Steps
The best contacts and resources to help you get it done

Collect quotes for a variety of Illinois homeowner insurance plans

Multiple quotes from different sources can be an effective method of identifying the general terms of these policies and the premiums you can expect to pay.

I recommend: Go to insurehome.net and enter your zip code to start your search for quotes on homeowners insurance in Illinois. Begin your search for Illinois house insurance quotes at All Options Insurance by entering your zip code.

Find IL property insurance brokers who represent major carriers

You may want to obtain Illinois homeowners insurance through an agent who represents a major carrier in the state and can make a recommendation based on the specific needs of your situation. An agent will also handle much of the paperwork required by an insurance carrier.

I recommend: Safeco Insurance provides a range of property insurance and allows you to locate agents within a given area. Go to Allied Insurance and enter your zip code and search radius for a list of insurance agents in your area.

Get an Illinois home insurance policy from a local agent

You may wish to contact local independent property insurance companies in Illinois rather than dealing with different national insurers. Often, a local agent can write a more customized plan for you.

I recommend: AKEY Financial Services provides property insurance in Illinois, especially in the Chicago area, in addition to other financial services. Steve Diederich & Associates specializes in personal insurance including auto, home and life for residents of Illinois.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Expensive items like furs, jewelry and silverware are typically only insured to a fixed amount by Illinois property insurance coverage. A special property endorsement will be needed to replace these items if their value is not covered by the primary policy. These items will be covered if they are lost or stolen.