Best Homeowners Insurance In Illinois 2024

We ranked State Farm as the best for its broad agent network in Illinois, strong customer satisfaction, and affordable rates. Its high J.D. Power service ratings are crucial, especially given the availability of agents, claims adjusters, and offices across Illinois, particularly after major storms like tornadoes.

With State Farm, you can choose a standard homeowners policy and enhance it with optional coverage. These options can include rebuilding coverage for new legal codes, identity theft protection, and insurance for valuables such as jewelry and collectibles. State Farm holds an A++ financial strength rating from AM Best.

You can start your State Farm quote online, but purchasing a policy will require working with a local agent. Once you’re a policyholder, you’ll have access to your account through the website or mobile app, where you can file claims and opt for paperless billing. The website also features a resource library to learn more about insurance.

In Illinois, Chubb provides highly competitive home insurance rates specifically aimed at high-value homes. They offer extended replacement cost coverage, which means your items will be repaired or replaced even if they have depreciated in value. Chubb is also well-regarded for its financial stability and exceptional customer support.

Despite earning an A+ (Superior) financial strength rating from AM Best, Nationwide receives low marks in customer satisfaction, according to a variety of negative reviews online. On the plus side, it has a wide network of agents and offices throughout Illinois.

Homeowners who choose Nationwide’s standard policy get access to rare coverages, including protection against credit card fraud and ordinance or law coverage for code-compliant rebuilding, which many other insurers don’t offer.

One way to enhance your policy is by adding Better Roof Replacement, which pays for upgraded roofing materials when your roof requires replacement after an eligible event.

With Brand New Belongings, you get replacement cost coverage for your items. You’ll be compensated for their depreciated value, and after buying replacements, you can send receipts to Nationwide to get reimbursed for the cost difference.

Allstate offers 11 home insurance discounts, exceeding the industry standard of seven. Based on my analysis, a few of these discounts are quite unique.

These discounts are available at Allstate:

• Early Payment: Get up to 10% off for securing a new policy at least a week before your existing coverage ends.
• Protective Device: Save on insurance by installing protective systems such as fire alarms or theft deterrents.
• Bundle: Save as much as 25% by bundling your home and auto insurance policies.
• Claims Forgiveness: Provides extra coverage to ensure your rates don’t rise after you make a claim.
• Claims-Free: Earn a 5% reward when renewing your policy if you remain claims-free for the year.
• Deductible Reward: Get an automatic $100 reduction on your deductible when you sign up.
• New Home: Save on insurance when you cover a newly constructed home.
• Responsible Payment: Get a discount for having a good payment track record.
• Automatic Payment: Enjoy a 5% discount by using automatic payments.
• Loyalty: Earn as much as 10% off for maintaining continuous coverage with Allstate.
• Home Buyer: New homeowners are eligible for a discount with Allstate.

With nine optional types of homeowners insurance coverage, Allstate significantly exceeds the industry average of five. Along with typical choices such as ID theft protection and scheduled personal items, they feature a special yard and garden coverage that increases limits for replacing landscaping and equipment like riding mowers.

Farmers is top-rated not only for its impressive perks but also for its excellent “online experience,” where it efficiently highlights these perks and discounts for both new and existing customers. Some of the perks are:

• Multi-Policy Savings: Combine your policies with Farmers and get up to 34% off on your home insurance.
• Declining Deductible: Each year you keep your policy, you’ll earn $50 to reduce your deductible.
• Claim-Free Discount: After three years without filing a claim, you’ll qualify for a discount on your home insurance.
• Guaranteed Replacement Cost: Farmers will pay the full amount to rebuild your home, no matter how much it costs.
• Claim Forgiveness: After five years without a claim, Farmers guarantees your premiums won’t go up if you file one.

Farmers’ 9.3/10 score reflects its lower J.D. Power ratings for customer satisfaction related to policyholder service.