Get multiple home insurance quotes in 60160. Our licensed 60160, IL agents are ready to serve you.

Check Out 60160 Home Insurance Rates

Shopping for homeowners insurance is never fun but at GetHomeInsuranceQuotes.com we make the process much easier. We will provide you with multiple quotes and coverage options for your home in Melrose Park, IL.

We will gather some basic information about your home in Melrose Park, IL and will then get to work and gather quotes from up to 12 nationwide home insurers who will provide their most competitive prices for your policy needs.

Our service is always free and we have a team of Illinois licensed home insurance professionals who can walk you through your policy options as well as answer any questions you may have about rates or coverage levels. In addition they will do a discount review to make sure you are getting all of the discounts that you are entitled to receive.

If you are ready to start researching homeowner insurance rates in 60160 simply click the "Get Multiple Quotes Now" button.

Research Home Insurance Quotes in 60160

We have pulled together a variety of data related to homeowners insurance in Illinois. Simply click on one of the links below to learn about the average cost of homeowners insurance in Illinois as well as local coverage options.

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Melrose Park, IL home insurance quotes in your local city and review the most competitive coverages and premiums.

60160 Homeowners Insurance Rates, Average Rating: medium!

Homeowners insurance policies in 60160 include both property and casualty coverage which protects your home from a variety of risks which include but are not limited to fire, theft, vandalism, and wind damage. A standard homeowner policy also includes liability protection, which can come in handy if someone is injured on your property.

Unfortunately, flood and earthquake damage is not covered by a standard homeowners insurance policy so if you are located in a flood plain or high risk area, you will need a separate flood policy.

Regardless of what type of homeowners insurance you need, we can help you find a great policy at an affordable price. Data shows that for a standard homeowner policy in Illinois is roughly $868. In most cases, we can help you save up to 40 percent on your homeowner insurance costs.

Get started right now saving on your 60160 homeowners insurance policy!

60160 Home Insurance Average Premiums

Local 60160 homeowners insurance quotes comparison

$618 /yr.

Shows Zip Code: 60160 lowest rates with discounts applied on average.

For the 60160, 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)
$618 /yr.
Average Coverage:$868 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1168 /yr.

What is the average home insurance cost for a home in 60160?

  • • The average homeowners insurance premium paid annually for a home in 60160 is around $868 per year.

What does it cost on average per month for home insurance in 60160?

  • • Homeowners in 60160 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 60160?

  • • Autoowners in 60160 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 Melrose Park area, check out other zip codes nearby 60160.
Review average rates in another zip code:
60160 homeowners insurance rates
60164 homeowners insurance rates

Home Replacement Cost Coverage in 60160

Average Building Cost Per Square Foot in 60160: $154

Location: Melrose Park, Illinois (Cook County)

Average Square Footage in 60160: 1,446 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60160 before you start any project. Melrose Park 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 60160 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 60160 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,446 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 Melrose Park 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$1541,446$222,700
Additional Upgrades & Added Features$1931,446$278,375
Major Home Updates or Advancements$2311,446$334,050

It's important to understand that when you estimate your replacement cost of your home in the 60160 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 60160

Best Home & Auto Insurance Agencies in 60160

American Family Insurance - Anel G Herrera

Address: 2210 W North Ave, Ste 3 Melrose Park, IL 60160
Phone:
Website: http://www.insurance-agency.amfam.com/IL/anel-g-herrera/default.aspx?sourceid=yp3
Info:

American Family Insurance - Theresa Saucedo

Address: 2200 Iowa St Melrose Park, IL 60160
Phone:
Website: http://www.insurance-agency.amfam.com/IL/theresa-saucedo/default.aspx?sourceid=yp3
Info:

Bosso- Sam V - State Farm Insurance Agent

Address: 501 W North Ave, #101 Melrose Park, IL 60160
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Farmers Insurance

Address: 2405 Division St Melrose Park, IL 60160
Phone:
Website:
Info:

Allstate Insurance Companies

Address: 1414 W Lake St Melrose Park, IL 60160
Phone:
Website: http://www.allstate.com
Info: Allstate Car Insurance Quotes, Home Insurance, Financial Products and More
Allstate auto insurance quotes and anonymous ballpark estimates to help protect you, your family and your automobile. Insurance and financial products include car insurance, home insurance, business insurance, life insurance, IRAs and annuities. car insurance, auto insurance quote, vehicle insurance, free online insurance quotes, rate quote, life insurance, annuities, mutual funds, IRAs, allstate insurance agent, allstate.com

Housing Demographics for 60160

Population Review for 60160 Zip Code

For the city of Melrose Park, the population within 60160 has increased to over 22,561 residents in population size. The current population total is 24,776. We have broken down the population based on race below. In 60160, there are over 12212 in male population and 12564 females.

PopulationValues
Total Population24,776
White Population6548
Black Population1544
Hispanic Population18504
Asian Population321
Hawaiian Population7
Indian Population467
Other Population10713
Male Population12212
Female Population12564
Population Estimate22561

Household Data for 60160

The average number of homes in 60160 is around 8,289, there are an average of 2.98 per household. The average house value according to local real estate values is around $222,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode8,289
Persons Per Household2.98
Average House Value$222,700
Income Per Household$58871
Median Age35.1
Median Age Male34.7
Median Age Female35.4
60160 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code630/708
CityMelrose Park
City Alias NameMELROSE PARK
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 Businesses722
Number Of Employees16107
Business First Quarter Payroll202626
Business Annual Payroll878166
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 District04
Congressional LandArea52.45
Delivery Residential7571
Delivery Business881
Delivery Total8395
Preferred Last Line KeyW13905
Classification Code
Multi-County
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW13905
Land Area4.552000
Water Area0.000000
City Alias Code
City Mixed CaseMelrose Park
City Alias Mixed CaseMelrose Park
Box Count0
SFDU5422
MFDU2128
State ANSI17
County ANSI031
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number165010
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 […]