ZIP Codes Tracked
1,191
U.S. Treasury FIO data for 1,191 ZIP codes in Illinois (IL).
The verdict
Homeowners in Illinois pay about $1,631/yr, 8% below the U.S. average — the 28th most expensive of 51 states.
Across 1,191 ZIP codes — ZIP-level premiums vary widely within the state.
Homeowners in Illinois pay an average of $1,631 per year for home insurance — 8% below the national average of $1,776. That ranks Illinois as the 28th most expensive state out of 51 for homeowners insurance. Between 2018 and 2022, premiums rose by 14.1%.
On five-year premium growth (2018–2022), Illinois ranks 6th out of 51 states. Its nonrenewal rate (1.03%) ranks 25th out of 50 — nonrenewal is an early warning indicator of insurer retreat, often tied to disaster risk.
Source: U.S. Department of the Treasury, Federal Insurance Office — "Analyses of U.S. Homeowners Insurance Markets, 2018–2022." Premium values are five-year averages across all ZIP-level observations. See methodology for caveats.
Illinois homeowners paid an average of $1,631 per year for home insurance based on U.S. Treasury FIO data covering 1,191 ZIP codes across the state. That is 8% below the national average of $1,776 per year reported by the Federal Insurance Office. Illinois ranks 28th most expensive out of 51 states and territories on annual premium, with ZIP-level observations ranging from $1,039 in 61367 to $5,978 in 60611.
Between 2018 and 2022, average premiums rose by 14.1% in Illinois, placing the state 6th nationally on five-year premium growth. The state-level loss ratio averaged 50.3%, meaning insurers retained a healthy margin after claims, typical of stable markets. Nonrenewal rates — the share of policies insurers decline to extend at expiration — averaged 1.03%, a decline of 4.9% over the study period (ranking 25th out of 50 states).
Within Illinois, premium dispersion across ZIP codes is substantial: the most expensive ZIP (60611 in Chicago) charges 476% more than the least expensive (61367 in Sublette), reflecting local differences in catastrophe exposure, construction costs, and claims history. The FIO dataset aggregates voluntary reporting from the 40 largest homeowners insurers covering roughly 80% of the U.S. market, so ZIP-level figures represent market averages rather than individual quotes; actual premiums vary with dwelling value, deductible, coverage limits, and insurer-specific underwriting. This page is for educational research only and is not insurance advice — homeowners should obtain quotes from multiple licensed carriers or an independent agent before purchasing or renewing coverage.
How to read these figures: state averages on this page are computed from U.S. Treasury Federal Insurance Office data, which the office collects directly from the largest homeowners insurers and reports at the ZIP-code level. A statewide average blends expensive coastal and wildfire-exposed markets with lower-cost inland areas, so the figure is a useful benchmark but will understate what some residents pay and overstate what others pay. The loss ratio is the share of every premium dollar that insurers returned as claims; sustained ratios near or above one signal a market under pressure, where rate increases, tighter underwriting, or nonrenewals tend to follow. Claim frequency and nonrenewal rates show how often policies result in claims and how often insurers decline to renew, both of which track local catastrophe exposure. Treat the state number as context, then drill into your own ZIP code for the figure closest to your situation and compare quotes from several licensed carriers before deciding.
Illinois statewide — FIO 2018-2022 average: 50% (Insurer-favorable) — low claim payout — insurer retains a healthy margin.
ZIP Codes Tracked
1,191
Reporting Period
2018-2022
Source
U.S. Treasury FIO
| Year | Avg Premium | Median Premium |
|---|---|---|
| 2018 | $1,430 | $1,362 |
| 2019 | $1,474 (+3.1%) | $1,405 |
| 2020 | $1,537 (+4.2%) | $1,462 |
| 2021 | $1,585 (+3.1%) | $1,515 |
| 2022 | $1,631 (+2.9%) | $1,564 |
1,191 ZIP codes sorted by premium (highest first). Click column headers to sort.
| ZIP | City | Premium |
|---|---|---|
| 60611 | Chicago | $5,978 |
| 60654 | Chicago | $5,862 |
| 60610 | Chicago | $5,123 |
| 60043 | Kenilworth | $5,043 |
| 60022 | Glencoe | $4,752 |
| 60614 | Chicago | $4,636 |
| 60093 | Winnetka | $4,367 |
| 60045 | Lake Forest | $4,300 |
| 60521 | Hinsdale | $3,538 |
| 60523 | Oak Brook | $3,535 |
| 60657 | Chicago | $3,251 |
| 60029 | Golf | $3,228 |
| 60035 | Highland Park | $3,217 |
| 60615 | Chicago | $3,211 |
| 60184 | Wayne | $3,171 |
| 60613 | Chicago | $3,085 |
| 60010 | Barrington | $2,954 |
| 60637 | Chicago | $2,900 |
| 60622 | Chicago | $2,869 |
| 60624 | Chicago | $2,807 |
| 60644 | Chicago | $2,753 |
| 60653 | Chicago | $2,751 |
| 60305 | River Forest | $2,722 |
| 60015 | Deerfield | $2,703 |
| 60621 | Chicago | $2,700 |
| 60091 | Wilmette | $2,649 |
| 60044 | Lake Bluff | $2,648 |
| 60649 | Chicago | $2,630 |
| 60527 | Willowbrook | $2,572 |
| 60612 | Chicago | $2,561 |
| 60069 | Lincolnshire | $2,470 |
| 60605 | Chicago | $2,438 |
| 60062 | Northbrook | $2,427 |
| 60651 | Chicago | $2,424 |
| 60640 | Chicago | $2,416 |
| 60461 | Olympia Fields | $2,409 |
| 60026 | Glenview | $2,404 |
| 60607 | Chicago | $2,400 |
| 60302 | Oak Park | $2,371 |
| 60175 | Saint Charles | $2,354 |
| 60422 | Flossmoor | $2,343 |
| 60642 | Chicago | $2,334 |
| 60047 | Lake Zurich | $2,307 |
| 60201 | Evanston | $2,297 |
| 60647 | Chicago | $2,272 |
| 60514 | Clarendon Hills | $2,247 |
| 60558 | Western Springs | $2,221 |
| 60636 | Chicago | $2,214 |
| 60048 | Libertyville | $2,179 |
| 60203 | Evanston | $2,169 |
What this means in Illinois
State averages set the benchmark — your ZIP and your home decide the rest.
State figures are five-year ZIP-level averages from U.S. Treasury FIO data — a benchmark, not a quote for any individual home.
Source: U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs
Source data: U.S. Treasury FIO · FEMA National Risk Index · NOAA Storm Events. See our methodology.