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Home Insurance Quotes in 60622

Are you shopping for a cheaper homeowners insurance rate in 60622? Our rates are very competitive for homeowners living in Chicago, IL. Many homeowners located in the 60622 zip code have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our online quoting process is free to use and our Illinois licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. If you are unsure which policy is best for you, then please contact us so we can help you understand what coverage package you need to protect your home in 60622. To get free 60622 home insurance quotes, simply click the "Get Multiple Quotes Now" button. Your 60622 zip code should appear in the zip code field ready to go. Shopping Chicago, IL Homeowners Insurance Rates is easy, just click, complete your online quoting application for the property address located in 60622 to review the best rate coverages.

Your 60622 Home Insurance Costs Is Rated: Medium!

For the great city of Chicago, the average home insurance premium paid annually is around $799 for a standard HO-3 homeowners policy. It's important to know that you may need additional coverage like flood or earthquake insurance to cover your home. Most basic home insurance policies do not provide enough coverage to provide the risk and protection you need. Our Illinois specific quoting application process is designed to meet the needs of the homeowner and we can provide the most competitive rates with enhanced coverage options. If you live in Chicago and need insurance on your home in the 60622 zip code, then it is important to use our service and easily discover more affordable homeowners insurance rates.

Get 60622 Homeowners Insurance Rates Now!

60622 Home Insurance Average Premiums

Local 60622 homeowners insurance quotes comparison

$549 /yr.

Shows Zip Code: 60622 lowest rates with discounts applied on average.

For the 60622, 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)
$549 /yr.
Average Coverage:$799 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1099 /yr.

What is the average home insurance cost for a home in 60622?

  • • The average homeowners insurance premium paid annually for a home in 60622 is around $799 per year.

What does it cost on average per month for home insurance in 60622?

  • • Homeowners in 60622 pay a monthly average cost per month around $67.00.

What kind of discount could I get if I combine my home and auto insurance together in 60622?

  • • Autoowners in 60622 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 60622.
Review average rates in another zip code:
60610 homeowners insurance rates
60602 homeowners insurance rates
60603 homeowners insurance rates
60601 homeowners insurance rates
60653 homeowners insurance rates
60628 homeowners insurance rates
60646 homeowners insurance rates
60604 homeowners insurance rates
60659 homeowners insurance rates
60637 homeowners insurance rates

Home Replacement Cost Coverage in 60622

Average Building Cost Per Square Foot in 60622: $154

Location: Chicago, Illinois (Cook County)

Average Square Footage in 60622: 3,552 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60622 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 60622 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 60622 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,552 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$1543,552$547,000
Additional Upgrades & Added Features$1933,552$683,750
Major Home Updates or Advancements$2313,552$820,500

It's important to understand that when you estimate your replacement cost of your home in the 60622 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 60622

Allstate Insurance-Mieczyslaw (Mitch) Fita

Address: 945 N Western Ave Chicago, IL 60622
Phone: (773)782-9200
Website: agent.allstate.com/68934

Allstate Insurance - Mariella Palacios

Address: 1755 W. North Ave. Suite 102 Chicago, IL 60622
Phone: (773)395-9676
Website:

Abe Terefe Agency

Address: 1030 W Chicago Ave Chicago, IL 60622
Phone: (312)738-1384
Website:

Best Home & Auto Insurance Agencies in 60622

Farmers Insurance

Address: 914 N Damen Ave Chicago, IL 60622
Phone:
Website:
Info:

Allstate Insurance - Mariella Palacios

Address: 1755 W North Ave, #102 Chicago, IL 60622
Phone:
Website:
Info:

Allstate Insurance Company - Jose E Estevez

Address: 1907 W Chicago Ave Chicago, IL 60622
Phone:
Website: http://www.allstateagencies.com/048500?cid=OTC-YP.com-IYP&att=TL
Info:

Adams- Jocelyn - State Farm Insurance Agent

Address: 1942 W Chicago Ave Chicago, IL 60622
Phone:
Website: http://www.jocelynadams.com
Info:

Allstate Insurance-Mieczyslaw (Mitch) Fita

Address: 945 N Western Ave Chicago, IL 60622
Phone:
Website: http://www.agent.allstate.com/68934
Info:

Housing Demographics for 60622

Population Review for 60622 Zip Code

For the city of Chicago, the population within 60622 has increased to over 50,660 residents in population size. The current population total is 55,075. We have broken down the population based on race below. In 60622, there are over 27739 in male population and 27336 females.

PopulationValues
Total Population55,075
White Population36841
Black Population3535
Hispanic Population12092
Asian Population3027
Hawaiian Population40
Indian Population343
Other Population5105
Male Population27739
Female Population27336
Population Estimate50660

Household Data for 60622

The average number of homes in 60622 is around 26,349, there are an average of 2.08 per household. The average house value according to local real estate values is around $547,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode26,349
Persons Per Household2.08
Average House Value$547,000
Income Per Household$110694
Median Age32.4
Median Age Male32.6
Median Age Female32.1
60622 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code773
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 Businesses1937
Number Of Employees22683
Business First Quarter Payroll268828
Business Annual Payroll1254987
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 District03|05|07
Congressional LandArea237.18|95.71|62.52
Delivery Residential24356
Delivery Business1733
Delivery Total26668
Preferred Last Line KeyW12401
Classification Code
Multi-County
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW12401
Land Area2.500000
Water Area0.004000
City Alias Code
City Mixed CaseChicago
City Alias Mixed CaseChicago
Box Count187
SFDU11576
MFDU12771
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 […]