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If you live in the 60503 zip code, we can help you find a better homeowners insurance policy at a lower price. Homeowners within the city of Aurora have saved hundreds of dollars on their annual premium when using GetHomeInsuranceQuotes.com.

Our service is always free and we not only find a great policy for you, our IL licensed agents will provide you with a free consultation to discuss your coverage needs and answer any questions you may have regarding policy coverages or rates.

It is easy to start shopping for a new policy, just click on the "Get Multiple Quotes Now" button below, confirm your 60503 and then compare quotes from a variety of nationwide insurance companies.

60503 Average Homeowners Insurance Rates

If you are shopping for a HO-3 policy, which is considered the standard when it comes to homeowners insurance, we can help. In 60503 the average premium for homeowners coverage is $879 which compares very well to the national average of $1,249.

Our site makes it easy for you to find the insurer that offers the best coverage at the best rate in 60503. We are happy to answer any questions you may have and explain the different type of coverage while helping you determine what coverage levels are best for your family.

Get Free Home Insurance Quotes in 60503 Today!

We can help you find up to 12 homeowners insurance quotes quickly and from the comfort of your own home. In addition, we can do a discount review to make sure you are getting all available discounts on your policy.

Click to review the best Aurora, IL home insurance quotes in your area.

60503 Home Insurance Average Premiums

Local 60503 homeowners insurance quotes comparison

$629 /yr.

Shows Zip Code: 60503 lowest rates with discounts applied on average.

For the 60503, 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 60503?

  • • The average homeowners insurance premium paid annually for a home in 60503 is around $879 per year.

What does it cost on average per month for home insurance in 60503?

  • • Homeowners in 60503 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 60503?

  • • Autoowners in 60503 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 Aurora area, check out other zip codes nearby 60503.
Review average rates in another zip code:
60506 homeowners insurance rates
60505 homeowners insurance rates
60503 homeowners insurance rates
60504 homeowners insurance rates
60502 homeowners insurance rates

Home Replacement Cost Coverage in 60503

Average Building Cost Per Square Foot in 60503: $154

Location: Aurora, Illinois (Will County)

Average Square Footage in 60503: 1,675 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60503 before you start any project. Aurora 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 60503 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 60503 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,675 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 Aurora 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$1541,675$257,900
Additional Upgrades & Added Features$1931,675$322,375
Major Home Updates or Advancements$2311,675$386,850

It's important to understand that when you estimate your replacement cost of your home in the 60503 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 60503

Best Home & Auto Insurance Agencies in 60503

Country Financial

Address: 722 Essington Rd Joliet, IL 60503
Phone:
Website: http://www.countryfinancial.com/james.posega
Info:

Posega, James - Country Financial

Address: 722 Essington Rd, #B Joliet, IL 60503
Phone:
Website: http://www.countryfinancial.com/sandra.johnson
Info:

Housing Demographics for 60503

Population Review for 60503 Zip Code

For the city of Aurora, the population within 60503 has increased to over 17,709 residents in population size. The current population total is 16,855. We have broken down the population based on race below. In 60503, there are over 8256 in male population and 8599 females.

PopulationValues
Total Population16,855
White Population9118
Black Population1850
Hispanic Population2326
Asian Population3224
Hawaiian Population3
Indian Population70
Other Population823
Male Population8256
Female Population8599
Population Estimate17709

Household Data for 60503

The average number of homes in 60503 is around 5,247, there are an average of 3.21 per household. The average house value according to local real estate values is around $257,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode5,247
Persons Per Household3.21
Average House Value$257,900
Income Per Household$112884
Median Age34.3
Median Age Male33.5
Median Age Female35.2
60503 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code630
CityAurora
City Alias NameAURORA
CountyWill
County FIPS197
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 Businesses219
Number Of Employees838
Business First Quarter Payroll6750
Business Annual Payroll32853
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 District11|14
Congressional LandArea280.95|1597.6
Delivery Residential5517
Delivery Business61
Delivery Total8514
Preferred Last Line KeyW11930
Classification Code
Multi-CountyY
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW11930
Land Area4.275000
Water Area0.008000
City Alias Code
City Mixed CaseAurora
City Alias Mixed CaseAurora
Box Count0
SFDU3607
MFDU0
State ANSI17
County ANSI197
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number160414
Unique ZIP Name
SSA State County Code14989
Medicare CBSA Code16984
Medicare CBSA NameChicago-Naperville-Evanston, IL
Medicare CBSA TypeMetro
Market Rating Area ID4
County Mixed CaseWill

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 […]