Compare 60631 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Chicago just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 12,221 neighbors looking to save on their home insurance policy in the local 60631 zip code area. Our process is very simple, easy to use and hassle free. We help you shop and compare competitive rates for your home in 60631. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Illinois rates and coverage options with over 12 major carriers. Then we evaluate the best coverage and apply all the discounts and credits to help you save an additional 40%. We do all of this and more and our service online or over the phone is free. Let us help you compare your Chicago, IL home insurance rates today!

For more information about homeowners insurance, like average home insurance rates, coverage options or home insurance types, please select Home Insurance Rates in Chicago, IL

60631 Home Insurance Average Premiums

Local 60631 homeowners insurance quotes comparison

$674 /yr.

Shows Zip Code: 60631 lowest rates with discounts applied on average.

For the 60631, 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)	$674 /yr.
Average Coverage:	$924 /yr.
2600 sq. ft. or higher (all discounts applied)	$1224 /yr.

What is the average home insurance cost for a home in 60631?

• The average homeowners insurance premium paid annually for a home in 60631 is around $924 per year.

What does it cost on average per month for home insurance in 60631?

• Homeowners in 60631 pay a monthly average cost per month around $77.00.

What kind of discount could I get if I combine my home and auto insurance together in 60631?

• Autoowners in 60631 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 60631.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 60631

Average Building Cost Per Square Foot in 60631: $154

Location: Chicago, Illinois (Cook County)

Average Square Footage in 60631: 2,463 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60631 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 60631 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 60631 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,463 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 Status	Price per Sq. Ft.	Square Feet	Dwelling Coverage
Basic Home Features	$154	2,463	$379,300
Additional Upgrades & Added Features	$193	2,463	$474,125
Major Home Updates or Advancements	$231	2,463	$568,950

Calculate Your Dwelling Coverage in 60631

It's important to understand that when you estimate your replacement cost of your home in the 60631 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 Home & Auto Insurance Agencies in 60631

Allstate Insurance Company - Desiderio Javier

Address: 6774 N Northwest Hwy Chicago, IL 60631
Phone:
Website: http://www.allstateagencies.com/086169?cid=OTC-YP.com-IYP&att=TL
Info:

Allstate Insurance Companies

Address: 7522 N Harlem Ave Chicago, IL 60631
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

First Midwest Ins Group Inc

Address: 8577 W Higgins Rd, #250 Chicago, IL 60631
Phone:
Website:
Info:

Klein- Robert G - State Farm Insurance Agent

Address: 6645 N Oliphant Ave Chicago, IL 60631
Phone:
Website:
Info:

First Midwest Ins Grp Inc

Address: 875 Higgins Rd, Ste 250 Chicago, IL 60631
Phone:
Website:
Info:

Housing Demographics for 60631

Population Review for 60631 Zip Code

For the city of Chicago, the population within 60631 has increased to over 29,296 residents in population size. The current population total is 29,691. We have broken down the population based on race below. In 60631, there are over 14268 in male population and 15423 females.

Population	Values
Total Population	29,691
White Population	24637
Black Population	273
Hispanic Population	3653
Asian Population	1078
Hawaiian Population	7
Indian Population	98
Other Population	1154
Male Population	14268
Female Population	15423
Population Estimate	29296

Household Data for 60631

The average number of homes in 60631 is around 12,221, there are an average of 2.40 per household. The average house value according to local real estate values is around $379,300. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	12,221
Persons Per Household	2.40
Average House Value	$379,300
Income Per Household	$103588
Median Age	43.6
Median Age Male	41.7
Median Age Female	45.1

60631 Details	Values
State	IL
State Full Name	Illinois
City Type	P
City Alias Abbreviation
Area Code	773/224/872/708
City	Chicago
City Alias Name	CHICAGO
County	Cook
County FIPS	031
State FIPS	17
Time Zone	6
Day Light Saving	Y
MSA	1602
PMSA	1600
CSA	176
CBSA	16980
CBSA_DIV	16984
CBSA_Type	Metro
CBSA_Name	Chicago-Naperville-Elgin, IL-IN
MSA_Name	Chicago-Gary-Kenosha, IL-IN-WI CMSA
PMSA_Name	Chicago, IL PMSA
Region	Midwest
Division	East North Central
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	955
Number Of Employees	22105
Business First Quarter Payroll	525618
Business Annual Payroll	2006299
Business Employment Flag
Growth Rank	0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number	0
Growth Increase Percentage	0.0

Metropolitan Details	Values
CBSA Population	9461105
CBSA Division Population	7147982
Congressional District	05\|08\|09
Congressional LandArea	95.71\|205.52\|105.35
Delivery Residential	12207
Delivery Business	888
Delivery Total	13452
Preferred Last Line Key	W12401
Classification Code
Multi-County
CSA Name	Chicago-Naperville, IL-IN-WI
CBSA_DIV_Name	Chicago-Naperville-Schaumburg, IL
City State Key	W12401
Land Area	3.746000
Water Area	0.000000
City Alias Code
City Mixed Case	Chicago
City Alias Mixed Case	Chicago
Box Count	130
SFDU	8705
MFDU	3483
State ANSI	17
County ANSI	031
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	161542
Unique ZIP Name
SSA State County Code	14141
Medicare CBSA Code	16984
Medicare CBSA Name	Chicago-Naperville-Evanston, IL
Medicare CBSA Type	Metro
Market Rating Area ID	1
County Mixed Case	Cook

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 […]

Home Insurance Quotes in 60631!