Harristown, IL Homeowners Insurance Rate Quotes!

Did you know Harristown, IL homeowners are now finding easier ways to compare home insurance rates online. At GetHomeInsuranceQuotes.com, we provide superior service when it comes to taking care of your insurance needs. Our online quoting application process has been trusted by thousands of homeowners like you who want a quick way to review and compare rates without any hassle. Our Illinois licensed homeowners insurance professionals are here to help you compare multiple options and our convenient service allows us to answer the questions that you need to get the right coverage at the most affordable price. We provide the best rates from up to 12 or more different carriers that are all highly rated by A.M Best and we shop the policy with you so you know which Harristown insurance policy is best for you. Start your quote today by entering your Harristown zip code for the home you would like to insure!

Average Harristown Homeowners Insurance Premiums

Right now residence of Harristown are paying on average around $72 per month which most homeowners pay annually for homeowners insurance so you are looking to pay around $858 per year. If we can help you shop rates and apply discounts and credits, premiums can range from cheaper prices around $608 per year to upwards of $1,158 a year depending on the overall replacement cost coverage amount needed to rebuild your home if a major peril were to occur. Insurance coverage on a home can be complicated, but we try to help make the shopping easy.

When it comes to homeowners insurance there are a number of different types that are designed to cover the specific type of housing you call home. Here are just a few home insurance coverage types available in Harristown:

HO-3: A HO-3 policy is the most common type of homeowners insurance being written today. It offers coverage for all perils, excepting those that are specifically named in the policy as exclusions. Most policies for the city of Harristown have a number of exclusions but the most common ones are flooding and earthquake damage.
HO-5: The HO-5 is considered a premium policy and offers broader coverage than the HO-3. It covers your home, other structures, loss of use and your personal belongings as an “all perils” policy, which means that you are covered from everything except exclusions listed in the policy. The big difference is that all of your personal property is covered under the all perils coverage while a HO-3 limits property damage coverage to specially named perils. HO-5 policies can be significantly more expensive.
H0-6: This type of policy is specifically written to cover people who live in a condo or a co-op building. This policy type will protect your belongings as well as any structural components of the building that you actually own. The walls of your condo or apartment are examples. HO-6 policies are listed perils policies which means they only cover the perils listed on the policy.

Facts About Harristown Illinois

The city of Harristown Illinois currently has 92 residents that call it home. This number translates into 35 households in the area and each household has about 3 people. The median household income is $48,068, which is very close to the national median and home prices in Harristown average $76,600 making it a very affordable city to buy a house.

Compare Homeowners Insurance Rates in Harristown, IL!

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Average Rates Nearby Harristown

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Home Insurance Rates by Zipcode in Harristown, IL

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Harristown, IL Home Insurance Average Premiums

Local Harristown, IL home insurance quotes comparison

$608 /yr.

Shows Harristown's lowest average rates with discounts applied.

For the city of Harristown, 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)	$608 /yr.
Average Coverage:	$858 /yr.
2600 sq. ft. or higher (all discounts applied)	$1158 /yr.

What is the average home insurance cost for a home in Harristown, IL?

• The average homeowners insurance premium paid annually for a home in Harristown is around $858 per year.

What does it cost on average per month for home insurance in Harristown, IL?

• Homeowners in Harristown pay an average cost per month around $72.00 for insurance coverage.

Harristown, IL - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$91,311	$91,147
February	$92,487	$91,405
March	$93,360	$91,613
April	$92,981	$91,718

Homeowners insurance will help cover the cost to repair or replace your Harristown home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Harristown
Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.

Get up to 12 competitive Harristown, IL homeowners insurance rates all in one place!

Saving Money Tips on Harristown Home Insurance

A great way to save money on Harristown homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Harristown area? Check out what homeowners are paying on average for Illinois homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
629 ft.	This is the average home elevation in Harristown, IL	Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Illinois flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954.

To get online quotes on your home and compare rates on home insurance premiums in Harristown, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Macon County.

Illinois Homeowners Insurance News & Information

$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 […]
I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024
According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]
How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024
Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm. Understanding the different coverages that are available to homeowners is key to making sure you […]
Homeowners Shopping Rates Due to Rise in Premiums Posted on Monday 23rd September, 2024
According to the recently released J.D. Power 2024 U.S. Home Insurance Study a nationwide rise in premiums has driven many customers to shop for new policies as their rates are now too high. “’The average shopping rate among home insurance customers has climbed to a record high of 6.8% through the second quarter of 2024, […]
Where is it cheaper to rent than to buy a home in the United States? Posted on Thursday 5th September, 2024
According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

Harristown, IL Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Harristown so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Harristown, IL?

- The average square footage in Harristown is around 497 Sq. Ft. which would cost you around $76,600 to replace the home if you base the home on the price to build per square foot of $154.

Minimum Replacement Cost Total: $76,600

Location: Harristown, Illinois (Macon County)

Average Building Cost Per Square Foot in Harristown: $154 (low end)

Average Square Footage in Harristown: 497 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$154	$76,600
Some Additional Upgrades	$193	$95,750
Major Home Updates or Advancements	$231	$114,900

Calculate Your Harristown, IL Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($154) in Harristown, Illinois times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $481,250 (Media price to build of $193 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.