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60707 Home Insurance Rates & Premiums
Did you know there are over 43,241 people living within the 60707 zip code area? There are over 16,490 occupied dwellings which means many homeowners like you that are interested in lower premiums or better coverage options. At GetHomeInsuranceQuotes.com, we provide a free shopping services online or over the phone. Our process includes the following:
- We will shop up to 12 home insurance companies for free.
- We will apply all discounts and credits to help you save up to 40% or more.
- We will answer any questions that you may.
- We will review the best policy and coverage option in 60707.
Let us help you shop and compare rates today, just enter your zip code to get your free online home insurance quotes. Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes.
Average homeowners insurance premiums in Illinois are on the rise. The estimated average premium is around $811 a year for a standard homeowners insurance policy in Elmwood Park. You can find out more information about home insurance premiums, discounts and crime rate information by clicking your city below.
60707 Home Insurance Average Premiums
For the 60707, 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) | $561 /yr. |
Average Coverage: | $811 /yr. |
2600 sq. ft. or higher (all discounts applied) | $1111 /yr. |
What is the average home insurance cost for a home in 60707?
- • The average homeowners insurance premium paid annually for a home in 60707 is around $811 per year.
What does it cost on average per month for home insurance in 60707?
- • Homeowners in 60707 pay a monthly average cost per month around $68.00.
What kind of discount could I get if I combine my home and auto insurance together in 60707?
- • Autoowners in 60707 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 Elmwood Park area, check out other zip codes nearby 60707.
Review average rates in another zip code:
60707 homeowners insurance rates
Home Replacement Cost Coverage in 60707
Average Building Cost Per Square Foot in 60707: $154
Location: Elmwood Park, Illinois (Cook County)Average Square Footage in 60707: 1,801 Sq. Ft.
When building or updating a home, it's always good to review the average cost per square foot to build in 60707 before you start any project. Elmwood Park 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 60707 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 60707 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,801 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 Elmwood Park 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 | 1,801 | $277,400 |
Additional Upgrades & Added Features | $193 | 1,801 | $346,750 |
Major Home Updates or Advancements | $231 | 1,801 | $416,100 |
It's important to understand that when you estimate your replacement cost of your home in the 60707 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 60707
Best Home & Auto Insurance Agencies in 60707
Student Driver
Address: 2452 N Rutherford Ave Chicago, IL 60707Phone:
Website:
Info:
Orlando Rivera-Farmers Insurance
Address: 7430 W Grand Ave, Ste A Elmwood Park, IL 60707Phone:
Website:
Info:
Bonebrake- C Steve - State Farm Insurance Agent
Address: 2643 N Harlem Ave Chicago, IL 60707Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards
American Family Insurance - Forrest S Dukes
Address: 6916 W North Ave, Unit E Chicago, IL 60707Phone:
Website: http://www.insurance-agency.amfam.com/IL/forrest-s-dukes/default.aspx?sourceid=yp3
Info:
Julio Gerena-Farmers Insurance
Address: 7159 W Grand Ave Chicago, IL 60707Phone:
Website: http://www.farmersagent.com/jgerena/
Info:
Housing Demographics for 60707
Population Review for 60707 Zip Code
For the city of Elmwood Park, the population within 60707 has increased to over 42,188 residents in population size. The current population total is 43,241. We have broken down the population based on race below. In 60707, there are over 20822 in male population and 22419 females.
Population | Values |
---|---|
Total Population | 43,241 |
White Population | 22176 |
Black Population | 3879 |
Hispanic Population | 18121 |
Asian Population | 1297 |
Hawaiian Population | 15 |
Indian Population | 690 |
Other Population | 8849 |
Male Population | 20822 |
Female Population | 22419 |
Population Estimate | 42188 |
Household Data for 60707
The average number of homes in 60707 is around 16,490, there are an average of 2.61 per household. The average house value according to local real estate values is around $277,400. Please review the following demographics below for average income and media age.
Housing / Income Data | Values |
---|---|
Households Per Zipcode | 16,490 |
Persons Per Household | 2.61 |
Average House Value | $277,400 |
Income Per Household | $68430 |
Median Age | 40.7 |
Median Age Male | 39.3 |
Median Age Female | 42.3 |
60707 Details | Values |
---|---|
State | IL |
State Full Name | Illinois |
City Type | B |
City Alias Abbreviation | |
Area Code | 773/872 |
City | Elmwood Park |
City Alias Name | ELMWOOD PARK |
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 | 776 |
Number Of Employees | 6374 |
Business First Quarter Payroll | 68237 |
Business Annual Payroll | 295608 |
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 | 03|07 |
Congressional LandArea | 237.18|62.52 |
Delivery Residential | 16164 |
Delivery Business | 614 |
Delivery Total | 17105 |
Preferred Last Line Key | W12866 |
Classification Code | |
Multi-County | |
CSA Name | Chicago-Naperville, IL-IN-WI |
CBSA_DIV_Name | Chicago-Naperville-Schaumburg, IL |
City State Key | W12866 |
Land Area | 3.578000 |
Water Area | 0.000000 |
City Alias Code | |
City Mixed Case | Elmwood Park |
City Alias Mixed Case | Elmwood Park |
Box Count | 211 |
SFDU | 10718 |
MFDU | 5419 |
State ANSI | 17 |
County ANSI | 031 |
ZIP Intro | |
Alias Intro | |
Facility Code | B |
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
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2025 Florida Home Insurance Rates Could Increase Posted on Tuesday 14th January, 2025
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 […]
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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 […]
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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 […]