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Compare 60050 Home Insurance Rates

Are you looking to easily compare home insurance prices online for your home in the 60050 area? The average homeowners premium in Illinois for a standard homeowners policy is around $879/yr., paid annually through your mortgage provider if your home is not currently paid in full. A standard policy for your home is referred to as an HO-3 policy which is the most common homeowners policy. This type of policy covers all perils, but will exclude certain major perils like flood and earthquake damage. The exceptions are listed on your current policy so it is important to know what type of coverage you currently have so you can compare the best home insurance rates, companies and policy protection. In the 60050 zip code, the population size is around 31,854 with 12,524 currently occupied homeowners. Our online quoting process helps make it easy for you to shop and compare the best home insurance rates for your home in 60050.

Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes. Easily shop the best rates for Mchenry, IL Homeowners Insurance. Compare companies, quotes, coverages and more.

Avg. IL RateDiscountsSavingsShop Rates
$1,144up to 40% off$458

60050 Home Insurance Average Premiums

Local 60050 homeowners insurance quotes comparison

$629 /yr.

Shows Zip Code: 60050 lowest rates with discounts applied on average.

For the 60050, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$629 /yr.
Average Coverage:$879 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1179 /yr.

What is the average home insurance cost for a home in 60050?

  • • The average homeowners insurance premium paid annually for a home in 60050 is around $879 per year.

What does it cost on average per month for home insurance in 60050?

  • • Homeowners in 60050 pay a monthly average cost per month around $73.00.

What kind of discount could I get if I combine my home and auto insurance together in 60050?

  • • Autoowners in 60050 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Mchenry area, check out other zip codes nearby 60050.
Review average rates in another zip code:
60051 homeowners insurance rates
60050 homeowners insurance rates

Home Replacement Cost Coverage in 60050

Average Building Cost Per Square Foot in 60050: $154

Location: Mchenry, Illinois (Mchenry County)

Average Square Footage in 60050: 1,303 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60050 before you start any project. Mchenry homeowners pay on average around $154 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 60050 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 60050 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,303 sq. ft. and the average cost to rebuild the home in this area is around $154 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Mchenry area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1541,303$200,600
Additional Upgrades & Added Features$1931,303$250,750
Major Home Updates or Advancements$2311,303$300,900

It's important to understand that when you estimate your replacement cost of your home in the 60050 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 60050

Allstate Insurance - Toni Jessen

Address: 5435 Bull Valley Road #128 Mchenry, IL 60050
Phone: (815)578-4500
Website:

Best Home & Auto Insurance Agencies in 60050

Conway- Dennis A - State Farm Insurance Agent

Address: 3319 W Elm St McHenry, IL 60050
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Country Financial Gary Miller

Address: 607 Front St McHenry, IL 60050
Phone:
Website: http://www.countryfinancial.com/gary.e.miller
Info:

American Family Insurance

Address: 3430 W Elm St McHenry, IL 60050
Phone:
Website: http://www.amfam.com
Info: American Family Insurance | Auto Insurance, Car Insurance, Life, Homeowners & More
American Family Insurance offers affordable car insurance, homeowners insurance, life insurance, business insurance, annuities and more. auto insurance, car insurance, life insurance, homeowners insurance, business insurance, annuities

Bimbi- Cristiano - State Farm Insurance Agent

Address: 3733 W Elm St McHenry, IL 60050
Phone:
Website: http://www.crisbimbi.com
Info:

Colbert- William G - State Farm Insurance Agent

Address: 339 Front St McHenry, IL 60050
Phone:
Website:
Info:

Housing Demographics for 60050

Population Review for 60050 Zip Code

For the city of Mchenry, the population within 60050 has increased to over 33,219 residents in population size. The current population total is 31,854. We have broken down the population based on race below. In 60050, there are over 15671 in male population and 16183 females.

PopulationValues
Total Population31,854
White Population25866
Black Population332
Hispanic Population4733
Asian Population562
Hawaiian Population10
Indian Population154
Other Population1945
Male Population15671
Female Population16183
Population Estimate33219

Household Data for 60050

The average number of homes in 60050 is around 12,524, there are an average of 2.51 per household. The average house value according to local real estate values is around $200,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode12,524
Persons Per Household2.51
Average House Value$200,600
Income Per Household$76147
Median Age41.5
Median Age Male39.9
Median Age Female43.1
60050 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code815/779
CityMchenry
City Alias NameMCHENRY
CountyMchenry
County FIPS111
State FIPS17
Time Zone6
Day Light SavingY
MSA1602
PMSA1600
CSA176
CBSA16980
CBSA_DIV16984
CBSA_TypeMetro
CBSA_NameChicago-Naperville-Elgin, IL-IN
MSA_NameChicago-Gary-Kenosha, IL-IN-WI CMSA
PMSA_NameChicago, IL PMSA
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses934
Number Of Employees14945
Business First Quarter Payroll199231
Business Annual Payroll840691
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population9461105
CBSA Division Population7147982
Congressional District10|11
Congressional LandArea299.78|280.95
Delivery Residential13235
Delivery Business837
Delivery Total14111
Preferred Last Line KeyW13871
Classification Code
Multi-CountyY
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW13871
Land Area26.428000
Water Area0.921000
City Alias Code
City Mixed CaseMcHenry
City Alias Mixed CaseMcHenry
Box Count0
SFDU10672
MFDU1059
State ANSI17
County ANSI111
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number164680
Unique ZIP Name
SSA State County Code14640
Medicare CBSA Code16984
Medicare CBSA NameChicago-Naperville-Evanston, IL
Medicare CBSA TypeMetro
Market Rating Area ID2
County Mixed CaseMcHenry

Illinois Homeowners Insurance News & Information

  • Largest Insurer in California – Travelers Announces Home Insurance Rates Going Up 15% Posted on Monday 20th May, 2024

    Travelers Insurance, which is one of the largest insurers in California, recently announced that they will be raising premiums by an average of 15% in the Golden State. This is just the latest rate increase or policy limitation by major insurance companies who blame the increases on spreading wildfire risks, inflation, and the cost of […]

  • Should I raise my deductible to $10,000 to help offset the cost of rising premiums? Posted on Wednesday 15th May, 2024

    According to industry reports, homeowners are raising their deductibles to $5,000 to $10,000 to help offset the cost of rising premiums.  While raising a deductible into the stratosphere will absolutely lower your homeowner insurance premium, it does mean that you will have to cover your deductible amount in the event you have to make a […]

  • Should I choose the minimum or maximum homeowners insurance coverage? Posted on Monday 13th May, 2024

    As homeowner insurance rates rise across the country, some homeowners are opting for policies that offer minimal coverage to keep their premiums affordable. Unfortunately, this choice will leave them at higher risk and in a position where they may have to pay more out of pocket if they have to make a claim on their […]