ZIP 60026 Insurance Data

Glenview, Illinois · Cook County · 1,263 policies

Avg Premium (2022)
$2,404/yr
+7.7% since 2018
Loss Ratio
111.0%
Claims paid vs premiums
Claim Frequency
7.47%
Avg severity: $35,728
Nonrenewal Rate
1.00%
+58.5% change

Data Snapshot: ZIP 60026 (Glenview, IL)

ZIP 60026 (Glenview, IL) shows an average homeowners insurance premium of $2,404 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 1,263 reported policies. That is 35% above the national average of $1,776 per year, placing this ZIP in the 87th percentile nationally. Compared to the Illinois state average of $1,631, this ZIP runs 47% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 60026 is 111.0%, meaning insurers paid out more in claims than they collected — a signal that premiums may rise or carriers may exit. Claim frequency — the share of policies with at least one claim — is 7.47%, and the average claim severity (amount paid per claim) is $35,728. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.00% in this ZIP, a rise of 58.5% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 60026 have risen by 7.7%, ranging from $2,232 to $2,404 with a five-year average of $2,320 — an annualized rate of +1.9% per year. FIO data aggregates voluntary reporting from the 40 largest homeowners insurers, covering roughly 80% of the U.S. market, so figures represent market averages rather than individual policy quotes; your own premium will vary with dwelling value, deductible, coverage limits, construction type, and insurer-specific underwriting. This page is educational research only and is not insurance advice — homeowners should request quotes from multiple licensed carriers or an independent agent before purchasing or renewing coverage.

How ZIP 60026 Compares

vs National Average
$2,404 vs $1,776
35% above national avg
vs Illinois Average
$2,404 vs $1,631
47% above state avg
National Percentile
87th percentile
More expensive than most ZIPs

Premium History

Year Avg Premium YoY Change
2018 $2,232
2019 $2,267 +1.6%
2020 $2,329 +2.7%
2021 $2,366 +1.6%
2022 $2,404 +1.6%

5-Year Trend Summary

5-Year Avg Premium
$2,320
Premium Range
$2,232 - $2,404
Annual Change Rate
+1.9% per year
Years of Data
5 (2018-2022)

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

Frequently Asked Questions

How much is homeowners insurance in ZIP 60026?
The average homeowners insurance premium in ZIP 60026 (Glenview, IL) is $2,404 per year as of 2022. Premiums have changed +7.7% over the past 5 years.
What affects homeowners insurance costs in Glenview, IL?
Key factors include claims frequency (7.47% in this ZIP), loss ratio (111.0%), and nonrenewal rates (1.00%). Natural disaster risk, property values, and local building costs also impact premiums.
Is homeowners insurance expensive in ZIP 60026 compared to the national average?
ZIP 60026 premiums of $2,404/yr are 35% above the national average of $1,776/yr. This ZIP is in the 87th percentile nationally.
What is the nonrenewal rate in ZIP 60026?
The nonrenewal rate in ZIP 60026 is 1.00%. Nonrenewal occurs when an insurer declines to extend coverage at policy expiration. This rate has changed by +58.5% over the past 5 years. High nonrenewal rates can signal that insurers view an area as high-risk.
How have premiums trended in ZIP 60026 over 5 years?
Over 5 years (2018-2022), premiums in ZIP 60026 have ranged from $2,232 to $2,404, with a 5-year average of $2,320. The annualized change rate is +1.9% per year.
How does ZIP 60026 compare to the Illinois state average?
ZIP 60026 has an average premium of $2,404/yr compared to the Illinois state average of $1,631/yr. This ZIP is 47% above the state average.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainInsure Editorial

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