Get multiple home insurance quotes in 60654. Our licensed 60654, IL agents are ready to serve you.

Homeowners Insurance in 60654

In Chicago, IL, our homeowners insurance rates are very competitive in price and coverage options. Many homeowners located in the 60654 zip code have found it very easy to shop with GetHomeInsuranceQuotes.com. When you start our quoting process, we will clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free 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. Best of all, you can get up to 12 competitive quotes for your home in 60654 all from one place. Our quoting process is hassle free and we do not spam. If you want to see real savings on your new home insurance policy, let us help you shop online home insurance quotes that are more affordable and have better coverage. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 60654 should appear in the zip code field ready to go.

60654 Homeowners Insurance Rates Are Considered: Medium!

If your looking for a standard homeowners policy in Illinois, you are going to see rates around the average home insurance premium per year of $889. However, with our online quoting process, we can compare the most competitive rates for you. Plus, our professional advice will allow you to get the most out of your Chicago home insurance by making sure all the risk you may encounter will be covered. Homeowners insurance comes in a variety of different coverage options and we want to get you the best rate but also provide a dependable company and policy that you can stand behind when you need it the most.

Get 60654 Home Insurance Rates Now!

Best 3 Options to Compare in 60654

If you want homeowners insurance quotes within the city of Chicago or in the 60654 area then we can help you compare the most affordable options when it comes to getting a new homeowners insurance policy. Clicking on the link helps you find average home insurance rates in Chicago, IL.

60654 Home Insurance Average Premiums

Local 60654 homeowners insurance quotes comparison

$639 /yr.

Shows Zip Code: 60654 lowest rates with discounts applied on average.

For the 60654, 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)
$639 /yr.
Average Coverage:$889 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1189 /yr.

What is the average home insurance cost for a home in 60654?

  • • The average homeowners insurance premium paid annually for a home in 60654 is around $889 per year.

What does it cost on average per month for home insurance in 60654?

  • • Homeowners in 60654 pay a monthly average cost per month around $74.00.

What kind of discount could I get if I combine my home and auto insurance together in 60654?

  • • Autoowners in 60654 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 60654.
Review average rates in another zip code:
60610 homeowners insurance rates
60624 homeowners insurance rates
60659 homeowners insurance rates
60653 homeowners insurance rates
60604 homeowners insurance rates
60643 homeowners insurance rates
60622 homeowners insurance rates
60612 homeowners insurance rates
60609 homeowners insurance rates
60631 homeowners insurance rates

Home Replacement Cost Coverage in 60654

Average Building Cost Per Square Foot in 60654: $154

Location: Chicago, Illinois (Cook County)

Average Square Footage in 60654: 2,962 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60654 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 60654 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 60654 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,962 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$1542,962$456,200
Additional Upgrades & Added Features$1932,962$570,250
Major Home Updates or Advancements$2312,962$684,300

It's important to understand that when you estimate your replacement cost of your home in the 60654 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 60654

Best Home & Auto Insurance Agencies in 60654

Bankers Life and Casualty CO

Address: 222 Merchandise Mart Plz Chicago, IL 60654
Phone:
Website:
Info:

Allstate Insurance - Chris Mandolini

Address: 645 W Grand Ave Chicago, IL 60654
Phone:
Website:
Info:

Hoyt- Erin - State Farm Insurance Agent

Address: 642 N Dearborn St Chicago, IL 60654
Phone:
Website:
Info:

Housing Demographics for 60654

Population Review for 60654 Zip Code

For the city of Chicago, the population within 60654 has increased to over 26,240 residents in population size. The current population total is 23,890. We have broken down the population based on race below. In 60654, there are over 12258 in male population and 11632 females.

PopulationValues
Total Population23,890
White Population18008
Black Population1067
Hispanic Population1469
Asian Population2792
Hawaiian Population10
Indian Population49
Other Population431
Male Population12258
Female Population11632
Population Estimate26240

Household Data for 60654

The average number of homes in 60654 is around 15,928, there are an average of 1.49 per household. The average house value according to local real estate values is around $456,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode15,928
Persons Per Household1.49
Average House Value$456,200
Income Per Household$127072
Median Age32.3
Median Age Male32.6
Median Age Female32.1
60654 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code312/773/708/630/872/815
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 Businesses2248
Number Of Employees62255
Business First Quarter Payroll2306542
Business Annual Payroll9038810
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 District05|07
Congressional LandArea95.71|62.52
Delivery Residential17611
Delivery Business1921
Delivery Total19814
Preferred Last Line KeyW12401
Classification Code
Multi-County
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW12401
Land Area0.542000
Water Area0.037000
City Alias Code
City Mixed CaseChicago
City Alias Mixed CaseChicago
Box Count2
SFDU244
MFDU16659
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 […]