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Are you paying too much for homeowners insurance in 62095? If the answer is yes, you are not alone. Luckily, we can help you find a great policy in Wood River, IL that provides all of the protection you need at a price that is affordable.

Our service doesn’t end with sending you quotes from 12 of the nations top insurance companies, our Illinois licensed agents will also advise you on every step of the process. They can review your coverage levels to make sure you are fully protected, answer any questions you have and perform a discount review.

Discounts are a major factor when shopping for insurance and can dramatically reduce your costs. Most insurers offer a variety of homeowners insurance discounts but here are few of the most common discounts in 62095?

  • Bundling: Buying home, auto and life from one insurer will result in a big discount. Details vary but expect savings of up to 25 percent.
  • Security System: Have a security system in your home or are installing one? You should qualify for a discount. Notify your insurer and ask for a home security system discount.
  • Paperless Policy: Getting your policy and bills via email instead of in the mail reduces cost for your insurer and they pass some of the savings on to you.

Our service is always free so get started today. Free 62095 home insurance quotes are just a click away. Simply click the "Get Multiple Quotes Now" button, verify your 62095 and get ready to save.

3 Easy Ways To Save Money In 62095

These three links will help you explore home insurance quotes in 62095 zip code as well as provide data about the average cost of a policy in your particular area. This information can be used to verify you are getting a great price on your new policy.

Get Your 62095 Home Insurance Costs Rated: medium!

The average price for a homeowners insurance policy in Wood River is roughly $866. This average is for a standard HO-3 policy, which is the industry standard for a single family home. While an HO-3 policy will protect your home and possessions while also offering liability coverage, it does not protect against flood or earthquake damage.

If you live in a flood zone, a separate flood insurance policy will be required. Our quoting process, combined with our agents local knowledge ensures that you will have the protection you need for your home.

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62095 Home Insurance Average Premiums

Local 62095 homeowners insurance quotes comparison

$616 /yr.

Shows Zip Code: 62095 lowest rates with discounts applied on average.

For the 62095, 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)
$616 /yr.
Average Coverage:$866 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1166 /yr.

What is the average home insurance cost for a home in 62095?

  • • The average homeowners insurance premium paid annually for a home in 62095 is around $866 per year.

What does it cost on average per month for home insurance in 62095?

  • • Homeowners in 62095 pay a monthly average cost per month around $72.00.

What kind of discount could I get if I combine my home and auto insurance together in 62095?

  • • Autoowners in 62095 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 Wood River area, check out other zip codes nearby 62095.
Review average rates in another zip code:
62095 homeowners insurance rates

Home Replacement Cost Coverage in 62095

Average Building Cost Per Square Foot in 62095: $154

Location: Wood River, Illinois (Madison County)

Average Square Footage in 62095: 608 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 62095 before you start any project. Wood River 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 62095 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 62095 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 608 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 Wood River 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$154608$93,600
Additional Upgrades & Added Features$193608$117,000
Major Home Updates or Advancements$231608$140,400

It's important to understand that when you estimate your replacement cost of your home in the 62095 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 62095

Best Home & Auto Insurance Agencies in 62095

Allstate Insurance Companies

Address: 300 N Wood River Ave Wood River, IL 62095
Phone:
Website: http://www.allstateagencies.com
Info:

Housing Demographics for 62095

Population Review for 62095 Zip Code

For the city of Wood River, the population within 62095 has increased to over 11,057 residents in population size. The current population total is 11,060. We have broken down the population based on race below. In 62095, there are over 5490 in male population and 5570 females.

PopulationValues
Total Population11,060
White Population9815
Black Population446
Hispanic Population236
Asian Population56
Hawaiian Population5
Indian Population26
Other Population79
Male Population5490
Female Population5570
Population Estimate11057

Household Data for 62095

The average number of homes in 62095 is around 4,754, there are an average of 2.27 per household. The average house value according to local real estate values is around $93,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,754
Persons Per Household2.27
Average House Value$93,600
Income Per Household$59597
Median Age39.7
Median Age Male38.3
Median Age Female41.5
62095 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code618
CityWood River
City Alias NameWOOD RIVER
CountyMadison
County FIPS119
State FIPS17
Time Zone6
Day Light SavingY
MSA7040
PMSA
CSA476
CBSA41180
CBSA_DIV
CBSA_TypeMetro
CBSA_NameSt. Louis, MO-IL
MSA_NameSt. Louis, MO-IL MSA
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses240
Number Of Employees3646
Business First Quarter Payroll31136
Business Annual Payroll132112
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population2812896
CBSA Division Population0
Congressional District13
Congressional LandArea5793.65
Delivery Residential4871
Delivery Business284
Delivery Total5302
Preferred Last Line KeyW15586
Classification Code
Multi-County
CSA NameSt. Louis-St. Charles-Farmington, MO-IL
CBSA_DIV_Name
City State KeyW15586
Land Area7.106000
Water Area0.353000
City Alias Code
City Mixed CaseWood River
City Alias Mixed CaseWood River
Box Count74
SFDU4366
MFDU282
State ANSI17
County ANSI119
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number168604
Unique ZIP Name
SSA State County Code14680
Medicare CBSA Code41180
Medicare CBSA NameSt. Louis, MO-IL
Medicare CBSA TypeMetro
Market Rating Area ID12
County Mixed CaseMadison

Illinois Homeowners Insurance News & Information

  • 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 […]

  • 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 […]

  • 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 […]