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60624 Home Insurance Rates

For homeowners living in 60624, the population estimates are increasing to well over 37,547 with 14,330 occupied homes within the zip code of 60624. Homeowners like you are dicovering up to 40% or more in savings when they shop their new home insurance policy online. At GetHomeInsuranceQuotes.com, we provide homeowners a free shopping service that allows you to easily compare up to 12 competitive quotes for free. Home insurance premiums in Chicago have increased and the average home insurance premium is around $827 per year in 60624. With our online quoting services and hassle free consultation, we can help you apply all the available discounts you need, plus review the best coverage and carrier option for you. Enter your 60624 zip code today so we can help you find affordable Chicago, IL home insurance premiums.

Compare Multiple Homeowners Insurance Rates in 60624

Please select one of the three options below based on your 60624 zip code to learn more about Illinois homeowners insurance, plus review average rates and information per state, county or city.

  1. Illinois Homeowners Insurance Quotes
  2. Cook County, IL Home Insurance
  3. Chicago, IL Home Insurance Quotes

60624 Average Home Insurance Rating Cost is: Medium!

Getting cheaper homeowners insurance in the 60624 zip code just got easier with GetHomeInsuranceQuotes.com of Chicago, IL. A homeowners policy consists of a combined property and casualty coverage for your home. To insure your home for a variety of risks like fire, theft, windstorm damage or liability accidents, it's important to get the right home insurance coverage. A standard HO-3 homeowners policy will help you get the basic coverage you need. Their are multiple home insurance types and we can help you get the savings you are looking for you in your insurance cost, plus the enhanced coverage you need so you have the protection when you need it most. Shop your home in 60624 today and let us help you review the best home insurance quotes available for homeowners living in Chicago.

Get 60624 Homeowners Insurance Rates Now!

60624 Home Insurance Average Premiums

Local 60624 homeowners insurance quotes comparison

$577 /yr.

Shows Zip Code: 60624 lowest rates with discounts applied on average.

For the 60624, 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)
$577 /yr.
Average Coverage:$827 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1127 /yr.

What is the average home insurance cost for a home in 60624?

  • • The average homeowners insurance premium paid annually for a home in 60624 is around $827 per year.

What does it cost on average per month for home insurance in 60624?

  • • Homeowners in 60624 pay a monthly average cost per month around $69.00.

What kind of discount could I get if I combine my home and auto insurance together in 60624?

  • • Autoowners in 60624 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 Chicago area, check out other zip codes nearby 60624.
Review average rates in another zip code:
60654 homeowners insurance rates
60647 homeowners insurance rates
60607 homeowners insurance rates
60608 homeowners insurance rates
60614 homeowners insurance rates
60602 homeowners insurance rates
60657 homeowners insurance rates
60624 homeowners insurance rates
60630 homeowners insurance rates
60609 homeowners insurance rates

Home Replacement Cost Coverage in 60624

Average Building Cost Per Square Foot in 60624: $154

Location: Chicago, Illinois (Cook County)

Average Square Footage in 60624: 1,225 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60624 before you start any project. Chicago 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 60624 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 60624 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,225 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 Chicago 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$1541,225$188,700
Additional Upgrades & Added Features$1931,225$235,875
Major Home Updates or Advancements$2311,225$283,050

It's important to understand that when you estimate your replacement cost of your home in the 60624 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 60624

Best Home & Auto Insurance Agencies in 60624

Housing Demographics for 60624

Population Review for 60624 Zip Code

For the city of Chicago, the population within 60624 has increased to over 30,469 residents in population size. The current population total is 37,547. We have broken down the population based on race below. In 60624, there are over 17499 in male population and 20048 females.

PopulationValues
Total Population37,547
White Population1326
Black Population32363
Hispanic Population3739
Asian Population88
Hawaiian Population10
Indian Population156
Other Population2124
Male Population17499
Female Population20048
Population Estimate30469

Household Data for 60624

The average number of homes in 60624 is around 14,330, there are an average of 2.56 per household. The average house value according to local real estate values is around $188,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode14,330
Persons Per Household2.56
Average House Value$188,700
Income Per Household$29102
Median Age34.2
Median Age Male32.6
Median Age Female35.5
60624 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code773/312
CityChicago
City Alias NameCHICAGO
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 Businesses377
Number Of Employees5895
Business First Quarter Payroll70043
Business Annual Payroll298541
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 District07
Congressional LandArea62.52
Delivery Residential11902
Delivery Business725
Delivery Total13304
Preferred Last Line KeyW12401
Classification Code
Multi-County
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW12401
Land Area3.547000
Water Area0.005000
City Alias Code
City Mixed CaseChicago
City Alias Mixed CaseChicago
Box Count598
SFDU6546
MFDU5119
State ANSI17
County ANSI031
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number161542
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 […]