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60007 Home Insurance Rates & Premiums

Did you know there are over 33,670 people living within the 60007 zip code area? There are over 13,810 occupied dwellings which means many homeowners like you that are interested in lower premiums or better coverage options. At GetHomeInsuranceQuotes.com, we provide a free shopping services online or over the phone. Our process includes the following:

  1. We will shop up to 12 home insurance companies for free.
  2. We will apply all discounts and credits to help you save up to 40% or more.
  3. We will answer any questions that you may.
  4. We will review the best policy and coverage option in 60007.

Let us help you shop and compare rates today, just enter your zip code to get your free online home insurance quotes. Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes.

Average homeowners insurance premiums in Illinois are on the rise. The estimated average premium is around $859 a year for a standard homeowners insurance policy in Elk Grove Village. You can find out more information about home insurance premiums, discounts and crime rate information by clicking your city below.

City: Elk Grove Village, IL Homeowners Insurance Quotes Online

60007 Home Insurance Average Premiums

Local 60007 homeowners insurance quotes comparison

$609 /yr.

Shows Zip Code: 60007 lowest rates with discounts applied on average.

For the 60007, 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)
$609 /yr.
Average Coverage:$859 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1159 /yr.

What is the average home insurance cost for a home in 60007?

  • • The average homeowners insurance premium paid annually for a home in 60007 is around $859 per year.

What does it cost on average per month for home insurance in 60007?

  • • Homeowners in 60007 pay a monthly average cost per month around $72.00.

What kind of discount could I get if I combine my home and auto insurance together in 60007?

  • • Autoowners in 60007 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 Elk Grove Village area, check out other zip codes nearby 60007.
Review average rates in another zip code:
60007 homeowners insurance rates

Home Replacement Cost Coverage in 60007

Average Building Cost Per Square Foot in 60007: $154

Location: Elk Grove Village, Illinois (Cook County)

Average Square Footage in 60007: 1,910 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60007 before you start any project. Elk Grove Village 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 60007 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 60007 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,910 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 Elk Grove Village 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$1541,910$294,100
Additional Upgrades & Added Features$1931,910$367,625
Major Home Updates or Advancements$2311,910$441,150

It's important to understand that when you estimate your replacement cost of your home in the 60007 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 60007

Best Home & Auto Insurance Agencies in 60007

American Family Insurance

Address: 60 Turner Ave Elk Grove Village, IL 60007
Phone:
Website:
Info:

Ms Ins Agency - Nationwide Insurance

Address: 1507 Haise Ln Elk Grove Village, IL 60007
Phone:
Website: http://www.nationwide.com/agent/Elk-Grove-Village-ILLINOIS-insurance-agent/melanio-silungan/office.html
Info:

Thomas Milton Hollinger - Nationwide Insurance

Address: 220 Lively Blvd Elk Grove Village, IL 60007
Phone:
Website: http://www.nationwide.com/agent/Elk-Grove-ILLINOIS-insurance-agent/thomas-hollinger-1/office.html
Info:

Farmers Insurance Agency John Kengott

Address: 600 E Higgins Rd Elk Grove Village, IL 60007
Phone:
Website:
Info:

Johnson Insurance Agency Inc

Address: 450 E Higgins Rd, #200 Elk Grove Village, IL 60007
Phone:
Website:
Info:

Housing Demographics for 60007

Population Review for 60007 Zip Code

For the city of Elk Grove Village, the population within 60007 has increased to over 34,131 residents in population size. The current population total is 33,670. We have broken down the population based on race below. In 60007, there are over 16240 in male population and 17430 females.

PopulationValues
Total Population33,670
White Population24601
Black Population622
Hispanic Population4273
Asian Population3989
Hawaiian Population6
Indian Population170
Other Population1754
Male Population16240
Female Population17430
Population Estimate34131

Household Data for 60007

The average number of homes in 60007 is around 13,810, there are an average of 2.43 per household. The average house value according to local real estate values is around $294,100. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode13,810
Persons Per Household2.43
Average House Value$294,100
Income Per Household$89408
Median Age44.7
Median Age Male42.7
Median Age Female46.6
60007 DetailsValues
StateIL
State Full NameIllinois
City TypeB
City Alias AbbreviationELK GROVE VLG
Area Code847/708/630/224/773
CityElk Grove Village
City Alias NameELK GROVE VILLAGE
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 Businesses2512
Number Of Employees43460
Business First Quarter Payroll708753
Business Annual Payroll3049008
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|08
Congressional LandArea237.18|205.52
Delivery Residential14046
Delivery Business2851
Delivery Total16865
Preferred Last Line KeyW12839
Classification Code
Multi-CountyY
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW12839
Land Area18.108000
Water Area0.391000
City Alias Code
City Mixed CaseElk Grove Village
City Alias Mixed CaseElk Grove Village
Box Count0
SFDU9311
MFDU3653
State ANSI17
County ANSI031
ZIP Intro
Alias Intro
Facility CodeB
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number160282
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

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]