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Homeowners Insurance in 60173

For homeowners living in 60173, you want more affordable home insurance rates in Schaumburg, right? Our rates are very competitive for homeowners living in the great city of Schaumburg, IL. Many homeowners living in the 60173 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the top home insurance companies that we will shop for you all in one place. 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 which policy and coverage option is best for you and your family. Get the home insurance protection you need and start a free home insurance quote today, simply click the "Get Multiple Quotes Now" button. Your 60173 should appear in the zip code field ready to go. Comparing Schaumburg, IL Home Insurance Quotes in your area, we can review the best rates and coverage options with multiple carriers to choose from.

60173 Home Insurance Costs Are Considered: Medium!

The overall cost of homeowners insurance on average for a standard HO-3 home insurance policy for homeowners living in Schaumburg pay around $879 per year. For affordable homeowners insurance, we have the best prices when it comes to comparing Illinois home insurance rates. At GetHomeInsuranceQuotes.com, we compare the most competitive companies then we let you review the most affordable rates and coverage options. Homeowners living in the 60173 zip code usually have questions about which coverage option is best. Our process is spam and hassle free so you can get your questions answer quickly and review the best home insurance policy for you. Most of all, Schaumburg homeowners enjoy saving up to 40% or even more when we apply all the discounts available. Let us help you shop and save on your Illinois home insurance premium today!

Get 60173 Homeowners Insurance Rates Now!

60173 Home Insurance Average Premiums

Local 60173 homeowners insurance quotes comparison

$629 /yr.

Shows Zip Code: 60173 lowest rates with discounts applied on average.

For the 60173, 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)
$629 /yr.
Average Coverage:$879 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1179 /yr.

What is the average home insurance cost for a home in 60173?

  • • The average homeowners insurance premium paid annually for a home in 60173 is around $879 per year.

What does it cost on average per month for home insurance in 60173?

  • • Homeowners in 60173 pay a monthly average cost per month around $73.00.

What kind of discount could I get if I combine my home and auto insurance together in 60173?

  • • Autoowners in 60173 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 Schaumburg area, check out other zip codes nearby 60173.
Review average rates in another zip code:
60195 homeowners insurance rates
60193 homeowners insurance rates
60173 homeowners insurance rates
60194 homeowners insurance rates

Home Replacement Cost Coverage in 60173

Average Building Cost Per Square Foot in 60173: $154

Location: Schaumburg, Illinois (Cook County)

Average Square Footage in 60173: 1,953 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60173 before you start any project. Schaumburg 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 60173 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 60173 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,953 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 Schaumburg 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$1541,953$300,800
Additional Upgrades & Added Features$1931,953$376,000
Major Home Updates or Advancements$2311,953$451,200

It's important to understand that when you estimate your replacement cost of your home in the 60173 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 60173

Allstate Insurance - Miles Russ

Address: 850 E Higgens Rd. Suite128 Schaumburg, IL 60173
Phone: (847)619-1919
Website:

Best Home & Auto Insurance Agencies in 60173

American Family Insurance - P Paul Kamaris

Address: 830 E Higgins Rd, #103 Schaumburg, IL 60173
Phone:
Website:
Info:

Daniel Weisenberg-Farmers Insurance

Address: 10 N Martingale Rd, #400 Schaumburg, IL 60173
Phone:
Website:
Info:

Allstate Insurance Companies

Address: 870 E Higgins Rd Schaumburg, IL 60173
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

Sanjay Desai-Farmers Insurance

Address: 830 E Higgins Rd, Ste 111p Schaumburg, IL 60173
Phone:
Website: http://www.farmersagent.com/sdesai
Info:

American Family Insurance- Simon MacAlindong

Address: 1701 E Woodfield Rd, #650 Schaumburg, IL 60173
Phone:
Website: http://www.amfam.com/
Info:

Housing Demographics for 60173

Population Review for 60173 Zip Code

For the city of Schaumburg, the population within 60173 has increased to over 15,072 residents in population size. The current population total is 13,764. We have broken down the population based on race below. In 60173, there are over 6865 in male population and 6899 females.

PopulationValues
Total Population13,764
White Population5746
Black Population819
Hispanic Population1337
Asian Population5743
Hawaiian Population1
Indian Population39
Other Population611
Male Population6865
Female Population6899
Population Estimate15072

Household Data for 60173

The average number of homes in 60173 is around 6,278, there are an average of 2.18 per household. The average house value according to local real estate values is around $300,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode6,278
Persons Per Household2.18
Average House Value$300,800
Income Per Household$96393
Median Age35.1
Median Age Male34.8
Median Age Female35.4
60173 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code708/847/224/630
CitySchaumburg
City Alias NameSCHAUMBURG
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 Businesses2267
Number Of Employees52699
Business First Quarter Payroll1022329
Business Annual Payroll4048304
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 District08
Congressional LandArea205.52
Delivery Residential6914
Delivery Business2098
Delivery Total9835
Preferred Last Line KeyW14806
Classification Code
Multi-County
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW14806
Land Area6.420000
Water Area0.004000
City Alias Code
City Mixed CaseSchaumburg
City Alias Mixed CaseSchaumburg
Box Count0
SFDU1215
MFDU4578
State ANSI17
County ANSI031
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number167065
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

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    While many state legislators, industry leaders and insurance regulators have been claiming that the insurance market in Florida has stabilized, it looks like premiums may be headed up again in the near future.  According to an analysis by the South Florida Sun Sentinel, the average statewide premium, being paid for an all-perils single-family home policy […]

  • Economists Top 5 Housing Predictions for 2025 Posted on Monday 6th January, 2025

    Housing costs are currently sky-high, regardless of whether you are renting or in the market to buy a home. According to the latest data from the U.S Cenus, the median sales price for a single-family home was $437,300, which is up from $426,800 a month prior. On the rental front, the median price for rent […]

  • Do homeowners insurance policies have loopholes? Posted on Monday 30th December, 2024

    Homeowners insurance is a necessity to help protect your home, but there can be coverage gaps that you may not be aware of which can leave you unprotected. Flood and earthquake damage along with mold and other issues are excluded from most standard homeowners insurance policies.  Here are some common exclusions that could leave you […]