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Find the lowest Homeowners Insurance Rates in 60194

There are a number of ways to save money on your homeowners insurance rates. Discounts, bundling, upgrading your security system or replacing your roof with wind resistance materials are all great ways to lower your premium but the number one recommended way to save is to shop your coverage on a regular basis.

If you are shopping for coverage in 60194, do yourself a favor and get a rate quote from GetHomeInsuranceQuotes.com. We will provide you with up to 12 quotes for homeowners coverage in Schaumburg, IL from a list of top tier nationwide insurers.

Our Illinois licensed agents will review the quotes with you and provide advice on coverage types and coverage levels that will work best for you and your family.

It’s easy to get started. Just click the "Get Multiple Quotes Now" button below and your 60194 will appear in the zip code field and you are ready to go.

It’s Time to Compare Rate Quotes for 60194

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

60194 Ratings: medium!

Saving up to 40 percent on your homeowner insurance premium has never been easier. We will do all of the legwork for you and present you with the best policy options to help protect your home.

In addition to gathering the best quotes from 12 major insurance companies in Schaumburg we will also share what average rates are in your area so we can compare savings and coverage options. Reviewing what home insurance cost will help you determine if your current insurance premium is on the high side or if you are already getting a bargain. For example, in 60194, homeowners are seeing rates around 885 on average per year.

Let us help you compare home insurance rates right now. Get started shopping for new policy in 60194!

60194 Home Insurance Average Premiums

Local 60194 homeowners insurance quotes comparison

$635 /yr.

Shows Zip Code: 60194 lowest rates with discounts applied on average.

For the 60194, 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)
$635 /yr.
Average Coverage:$885 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1185 /yr.

What is the average home insurance cost for a home in 60194?

  • • The average homeowners insurance premium paid annually for a home in 60194 is around $885 per year.

What does it cost on average per month for home insurance in 60194?

  • • Homeowners in 60194 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 60194?

  • • Autoowners in 60194 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 60194.
Review average rates in another zip code:
60195 homeowners insurance rates
60173 homeowners insurance rates
60194 homeowners insurance rates
60193 homeowners insurance rates

Home Replacement Cost Coverage in 60194

Average Building Cost Per Square Foot in 60194: $154

Location: Schaumburg, Illinois (Cook County)

Average Square Footage in 60194: 1,685 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60194 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 60194 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 60194 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,685 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$1541,685$259,500
Additional Upgrades & Added Features$1931,685$324,375
Major Home Updates or Advancements$2311,685$389,250

It's important to understand that when you estimate your replacement cost of your home in the 60194 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 60194

Best Home & Auto Insurance Agencies in 60194

Allstate Insurance Company - Christian Szabo

Address: 1829 W Golf Rd Schaumburg, IL 60194
Phone:
Website: http://www.allstateagencies.com/061551?cid=OTC-YP.com-IYP&att=TL
Info:

John Doherty - COUNTRY Financial

Address: 10 W Schaumburg Rd Schaumburg, IL 60194
Phone:
Website: http://www.countryfinancial.com/john.doherty
Info:

Suda, Chuck - Allstate

Address: 1443 W Schaumburg Rd Schaumburg, IL 60194
Phone:
Website: http://www.allstateagencies.com/ChuckSuda/Welcome/
Info:

American Family Insurance - Victor C Crisci

Address: 29 N Roselle Rd Schaumburg, IL 60194
Phone:
Website: http://www.insurance-agency.amfam.com/IL/victor-c-crisci/default.aspx?sourceid=yp3
Info:

Block- Phillip M - State Farm Insurance Agent

Address: 853 E Schaumburg Rd Schaumburg, IL 60194
Phone:
Website: http://www.philblock.com
Info:

Housing Demographics for 60194

Population Review for 60194 Zip Code

For the city of Schaumburg, the population within 60194 has increased to over 21,819 residents in population size. The current population total is 20,622. We have broken down the population based on race below. In 60194, there are over 9806 in male population and 10816 females.

PopulationValues
Total Population20,622
White Population11637
Black Population1029
Hispanic Population2602
Asian Population5147
Hawaiian Population3
Indian Population134
Other Population1041
Male Population9806
Female Population10816
Population Estimate21819

Household Data for 60194

The average number of homes in 60194 is around 7,644, there are an average of 2.60 per household. The average house value according to local real estate values is around $259,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode7,644
Persons Per Household2.60
Average House Value$259,500
Income Per Household$85837
Median Age40.5
Median Age Male38.8
Median Age Female42.3
60194 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code708/847
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 Businesses513
Number Of Employees5149
Business First Quarter Payroll49891
Business Annual Payroll223244
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 Residential8392
Delivery Business340
Delivery Total10857
Preferred Last Line KeyW14806
Classification Code
Multi-County
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW14806
Land Area3.689000
Water Area0.070000
City Alias Code
City Mixed CaseSchaumburg
City Alias Mixed CaseSchaumburg
Box Count0
SFDU5050
MFDU1867
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 […]