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60040 Homeowners Insurance Rate Quotes

Are you shopping for homeowners insurance quotes in 60040? Our rates are very competitive for homeowners living in Highwood, IL. Many homeowners based out of your 60040 area 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 homeowners 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. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 60040 should appear in the zip code field ready to go. For Highwood, IL Home Insurance Rate Quotes click to review the best rates and service online!

60040 Average Premium is Rated: Medium!

Homeowners living in 60040 can easily save up to 40% off the average home insurance premium of $900 a year by comparing rates with us at GetHomeInsuranceQuotes.com. You don't have to do the research to find the best company, rate and coverage options. We have already done this for you. We have 12 major carriers in Highwood that are all very competitive and have the best rate and coverage option available. All you need to do is request quotes online for zip code 60040 and we will help you compare prices and apply all available discounts. If you want savings and also need help deciding which policy is best for you, than let us help you compare multiple rates today!

Get Multiple Home Insurance Rates in 60040!

60040 Home Insurance Average Premiums

Local 60040 homeowners insurance quotes comparison

$650 /yr.

Shows Zip Code: 60040 lowest rates with discounts applied on average.

For the 60040, 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)
$650 /yr.
Average Coverage:$900 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1200 /yr.

What is the average home insurance cost for a home in 60040?

  • • The average homeowners insurance premium paid annually for a home in 60040 is around $900 per year.

What does it cost on average per month for home insurance in 60040?

  • • Homeowners in 60040 pay a monthly average cost per month around $75.00.

What kind of discount could I get if I combine my home and auto insurance together in 60040?

  • • Autoowners in 60040 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 Highwood area, check out other zip codes nearby 60040.
Review average rates in another zip code:
60040 homeowners insurance rates

Home Replacement Cost Coverage in 60040

Average Building Cost Per Square Foot in 60040: $154

Location: Highwood, Illinois (Lake County)

Average Square Footage in 60040: 2,401 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60040 before you start any project. Highwood 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 60040 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 60040 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,401 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 Highwood 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$1542,401$369,700
Additional Upgrades & Added Features$1932,401$462,125
Major Home Updates or Advancements$2312,401$554,550

It's important to understand that when you estimate your replacement cost of your home in the 60040 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 60040

Best Home & Auto Insurance Agencies in 60040

Lock, Brian Agent - Brian Lock - State Farm Insurance Agent

Address: 105 Washington Ave Highwood, IL 60040
Phone:
Website: http://www.brianlockagency.com/
Info:

Ballantini- Lawrence S

Address: 122 North Ave Highwood, IL 60040
Phone:
Website:
Info:

Housing Demographics for 60040

Population Review for 60040 Zip Code

For the city of Highwood, the population within 60040 has increased to over 4,850 residents in population size. The current population total is 5,102. We have broken down the population based on race below. In 60040, there are over 2527 in male population and 2575 females.

PopulationValues
Total Population5,102
White Population2346
Black Population117
Hispanic Population2615
Asian Population148
Hawaiian Population3
Indian Population119
Other Population1518
Male Population2527
Female Population2575
Population Estimate4850

Household Data for 60040

The average number of homes in 60040 is around 1,870, there are an average of 2.68 per household. The average house value according to local real estate values is around $369,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,870
Persons Per Household2.68
Average House Value$369,700
Income Per Household$88913
Median Age37.6
Median Age Male36.3
Median Age Female38.8
60040 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code847/224
CityHighwood
City Alias NameHIGHWOOD
CountyLake
County FIPS097
State FIPS17
Time Zone6
Day Light SavingY
MSA1602
PMSA1600
CSA176
CBSA16980
CBSA_DIV29404
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 Businesses158
Number Of Employees1112
Business First Quarter Payroll8861
Business Annual Payroll46186
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 Population703462
Congressional District10
Congressional LandArea299.78
Delivery Residential1810
Delivery Business164
Delivery Total2094
Preferred Last Line KeyW13320
Classification Code
Multi-County
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameLake County, IL
City State KeyW13320
Land Area0.765000
Water Area0.000000
City Alias Code
City Mixed CaseHighwood
City Alias Mixed CaseHighwood
Box Count64
SFDU1323
MFDU473
State ANSI17
County ANSI097
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number163612
Unique ZIP Name
SSA State County Code14570
Medicare CBSA Code29404
Medicare CBSA NameLake County-Kenosha County, IL-WI
Medicare CBSA TypeMetro
Market Rating Area ID2
County Mixed CaseLake

Illinois Homeowners Insurance News & Information

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  • How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024

    Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm.  Understanding the different coverages that are available to homeowners is key to making sure you […]