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60601 Online Home Insurance Rates

Comparing a bunch of different rates for your home in 60601 is very time consuming. At GetHomeInsuranceQuotes.com, we help you shop and compare up to 12 major top-rated A.M. Best companies, to present the most affordable rates for homeowners living in Chicago, IL. Not only do we provide free comparitive rates, but we also answer any questions you have and offer a free consultation process to help you decide which coverage option is best for you. Most of the time, we can add up to 40% more in savings by applying all the discounts and credits, like a home/auto package, security alarm, new roof upgrade or even deadbolts. It's easy to shop with us, we have already partnered with the most competitive home insurance companies in the 60601 area. If you enter your zip code, you can easily begin the online quoting process, it only takes a few minutes. If you would like to give us a call now at 1-855-976-2656 we will be happy to hear from you.

If you would like to review more information on home insurance premiums in Illinois, like average Chicago homeowners insurance rates, coverage options or home insurance types, please select Chicago, IL Home Insurance Rates Online!

60601 Home Insurance Average Premiums

Local 60601 homeowners insurance quotes comparison

$509 /yr.

Shows Zip Code: 60601 lowest rates with discounts applied on average.

For the 60601, 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)
$509 /yr.
Average Coverage:$759 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1059 /yr.

What is the average home insurance cost for a home in 60601?

  • • The average homeowners insurance premium paid annually for a home in 60601 is around $759 per year.

What does it cost on average per month for home insurance in 60601?

  • • Homeowners in 60601 pay a monthly average cost per month around $63.00.

What kind of discount could I get if I combine my home and auto insurance together in 60601?

  • • Autoowners in 60601 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 Chicago area, check out other zip codes nearby 60601.
Review average rates in another zip code:
60631 homeowners insurance rates
60628 homeowners insurance rates
60651 homeowners insurance rates
60605 homeowners insurance rates
60632 homeowners insurance rates
60622 homeowners insurance rates
60612 homeowners insurance rates
60640 homeowners insurance rates
60641 homeowners insurance rates
60623 homeowners insurance rates

Home Replacement Cost Coverage in 60601

Average Building Cost Per Square Foot in 60601: $154

Location: Chicago, Illinois (Cook County)

Average Square Footage in 60601: 3,375 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60601 before you start any project. Chicago 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 60601 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 60601 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,375 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 Chicago 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$1543,375$519,700
Additional Upgrades & Added Features$1933,375$649,625
Major Home Updates or Advancements$2313,375$779,550

It's important to understand that when you estimate your replacement cost of your home in the 60601 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 60601

Allstate Insurance-George Gray

Address: 333 N Michigan Ave # 313 Chicago, IL 60601
Phone: (312)263-3624
Website: agent.allstate.com/27011

Allstate Insurance - George H. Gray

Address: 333 N. Michigan Ave. Ste. 313 Chicago, IL 60601
Phone: (312)263-4036
Website: www.iypx.com/kdrt/clicktrack.asp?mbid=474

Best Home & Auto Insurance Agencies in 60601

Illinois Vehicle Insurance Agency

Address: 100 W Randolph St Chicago, IL 60601
Phone:
Website: http://www.illinoisvehicles.com
Info:

Allstate Insurance - George H. Gray

Address: 333 N Michigan Ave, #313 Chicago, IL 60601
Phone:
Website: http://www.iypx.com/kdrt/clicktrack.asp?mbid=474
Info:

Allstate Insurance-George Gray

Address: 333 N Michigan Ave, #Ave-313 Chicago, IL 60601
Phone:
Website: http://www.agent.allstate.com/27011
Info:

Blue Cross-Blue Shield - Benefit & Claim Information- Federal Employees Pro

Address: 300 E Randolph St Chicago, IL 60601
Phone:
Website:
Info:

Health Care Service Corp-Blue Cross Blue Shield

Address: 233 N Michigan Ave, Lbby 6 Chicago, IL 60601
Phone:
Website:
Info:

Housing Demographics for 60601

Population Review for 60601 Zip Code

For the city of Chicago, the population within 60601 has increased to over 20,710 residents in population size. The current population total is 15,814. We have broken down the population based on race below. In 60601, there are over 7801 in male population and 8013 females.

PopulationValues
Total Population15,814
White Population9678
Black Population800
Hispanic Population1199
Asian Population3602
Hawaiian Population2
Indian Population32
Other Population326
Male Population7801
Female Population8013
Population Estimate20710

Household Data for 60601

The average number of homes in 60601 is around 9,867, there are an average of 1.60 per household. The average house value according to local real estate values is around $519,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode9,867
Persons Per Household1.60
Average House Value$519,700
Income Per Household$123115
Median Age34.0
Median Age Male33.9
Median Age Female34.1
60601 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code312/773/872
CityChicago
City Alias NameCHICAGO
CountyCook
County FIPS031
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 Businesses2353
Number Of Employees87671
Business First Quarter Payroll3470512
Business Annual Payroll12143595
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 District07
Congressional LandArea62.52
Delivery Residential12944
Delivery Business1804
Delivery Total14612
Preferred Last Line KeyW12401
Classification Code
Multi-County
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW12401
Land Area0.389000
Water Area0.024000
City Alias Code
City Mixed CaseChicago
City Alias Mixed CaseChicago
Box Count0
SFDU48
MFDU12896
State ANSI17
County ANSI031
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number161542
Unique ZIP Name
SSA State County Code14141
Medicare CBSA Code16984
Medicare CBSA NameChicago-Naperville-Evanston, IL
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseCook

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 […]