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Find the Best Home Insurance Rates in 60505

Shopping for homeowners insurance in 60505 is never fun, but it is a necessity if you want to find the best policy for your home while also keeping your premium affordable. If you live in Aurora, IL and want to enhance your homeowners coverage while decreasing your annual premium, then let us help you shop the best rates and coverage options.

We can easily shop up to 12 competitive insurance companies so you can compare rates and coverage levels in the privacy of your own home. As an added bonus, our Illinois licensed agents will help you sort through your insurance options and answer any questions you may have about coverages and rates. As always, our service is completely free.

If you are ready to start searching for a new policy, simply click on the "Get Multiple Quotes Now" button. Your 60505 should populate in the zip code field and then you are ready to go. Enter some basic information on your home and we will get started on your quotes.

Home Insurance Rate Quotes in 60505

Find Aurora, IL Homeowners Insurance Quotes to review the best coverage options in your area.

60505 Home Insurance Rating is: medium!

In 60505 the average premium is $882. We can help you save up to 40 percent off of the average premium by having up to 12 highly rated nationwide insurers compete for your business. Our agents will also do a professional analysis of your policy options to make sure you are getting the coverage you need at the best price.

A Quick Tip: For homeowners living in 60505, always keep an updated home inventory. This can be a game changer in the event you have to make a claim. It will make the claim process go quicker and ensure that you are fully and fairly reimbursed for your loss. There are tons of home inventory apps online that can make the tedious job of putting together an inventory quick and easy. As a bonus, your inventory is stored in the cloud so you always have access to it.

Start shopping for a great new policy right now. Get Multiple Home Insurance Rates in 60505!

60505 Home Insurance Average Premiums

Local 60505 homeowners insurance quotes comparison

$632 /yr.

Shows Zip Code: 60505 lowest rates with discounts applied on average.

For the 60505, 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)
$632 /yr.
Average Coverage:$882 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1182 /yr.

What is the average home insurance cost for a home in 60505?

  • • The average homeowners insurance premium paid annually for a home in 60505 is around $882 per year.

What does it cost on average per month for home insurance in 60505?

  • • Homeowners in 60505 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 60505?

  • • Autoowners in 60505 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 60505.
Review average rates in another zip code:
60503 homeowners insurance rates
60504 homeowners insurance rates
60506 homeowners insurance rates
60502 homeowners insurance rates
60505 homeowners insurance rates

Home Replacement Cost Coverage in 60505

Average Building Cost Per Square Foot in 60505: $154

Location: Aurora, Illinois (Kane County)

Average Square Footage in 60505: 981 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60505 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 60505 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 60505 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 981 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$154981$151,000
Additional Upgrades & Added Features$193981$188,750
Major Home Updates or Advancements$231981$226,500

It's important to understand that when you estimate your replacement cost of your home in the 60505 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 60505

Best Home & Auto Insurance Agencies in 60505

Hergenhahn- Allen J

Address: 1630 E New York St Aurora, IL 60505
Phone:
Website:
Info:

Federico Guerra-Farmers Insurance

Address: 268 North Farnsworth Avenue Aurora, IL 60505
Phone:
Website: http://www.farmersagent.com/fguerra1/
Info:

Pastore, Kellie - Allstate Insurance Company

Address: 1187 North Farnsworth Avenue #107 Aurora, IL 60505
Phone:
Website: http://www.allstateagencies.com/043233/Welcome/
Info:

Ernesto Pacheco-Farmers Insurance

Address: 724 South Lincoln Avenue Aurora, IL 60505
Phone:
Website:
Info:

Gonzalez- Robert R

Address: 1161 N Farnsworth Ave Aurora, IL 60505
Phone:
Website:
Info:

Housing Demographics for 60505

Population Review for 60505 Zip Code

For the city of Aurora, the population within 60505 has increased to over 55,950 residents in population size. The current population total is 57,906. We have broken down the population based on race below. In 60505, there are over 29311 in male population and 28595 females.

PopulationValues
Total Population57,906
White Population15677
Black Population4350
Hispanic Population44332
Asian Population556
Hawaiian Population32
Indian Population2001
Other Population22887
Male Population29311
Female Population28595
Population Estimate55950

Household Data for 60505

The average number of homes in 60505 is around 17,535, there are an average of 3.28 per household. The average house value according to local real estate values is around $151,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode17,535
Persons Per Household3.28
Average House Value$151,000
Income Per Household$59216
Median Age32.2
Median Age Male31.7
Median Age Female32.8
60505 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code630/331
CityAurora
City Alias NameAURORA
CountyKane
County FIPS089
State FIPS17
Time Zone6
Day Light SavingY
MSA1602
PMSA1600
CSA176
CBSA16980
CBSA_DIV20994
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 Businesses767
Number Of Employees9540
Business First Quarter Payroll100370
Business Annual Payroll468364
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 Population735165
Congressional District11|14
Congressional LandArea280.95|1597.6
Delivery Residential17058
Delivery Business964
Delivery Total22587
Preferred Last Line KeyW11930
Classification Code
Multi-County
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameElgin, IL
City State KeyW11930
Land Area10.141000
Water Area0.172000
City Alias Code
City Mixed CaseAurora
City Alias Mixed CaseAurora
Box Count0
SFDU14535
MFDU2030
State ANSI17
County ANSI089
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number160414
Unique ZIP Name
SSA State County Code14530
Medicare CBSA Code20994
Medicare CBSA NameElgin, IL
Medicare CBSA TypeMetro
Market Rating Area ID3
County Mixed CaseKane

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 […]