Average homeowners insurance cost in Rockford, IL

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In Rockford, homeowners pay an average annual rate of $2,765 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to Insure.com’s rate analysis. This is $183 more than the national average of $2,582.

Homeowners insurance premiums can vary significantly from one property to another. In Rockford, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

It’s crucial to compare quotes from multiple insurers to ensure you get the best homeowners insurance policy. This allows you to find the coverage that meets your specific needs.

Read this guide to discover the monthly homeowners insurance cost in Rockford, explore the insurance costs for different dwelling coverage, and find out which companies offer affordable home insurance in Rockford.

Key takeaways

The average cost of homeowners insurance in Rockford is $2,765 per year.
Allstate is the cheapest homeowners insurance company in Rockford with an average annual premium of $1,597.
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $575 more a year for home insurance.

Average homeowners insurance cost in Rockford per month

Rockford homeowners pay an average of $230 a month, based on our rate analysis. It’s $24 less than the state average of $254 and $15 more than the national average for home insurance across the United States. The price of your homeowners insurance policy in Rockford may vary depending on where you live, the value of your home, and the coverage you choose.

Average homeowners insurance cost for a $200,000 house in Rockford

In Rockford, IL, homeowners pay an average of $2,190 annually for a $200,000 house. The amount you pay for home insurance each year depends on factors such as – natural disasters or events within your locality.

Some regions are more at risk for natural disasters, like floods, hurricanes, or tornadoes, implying higher rebuilding rates in these areas are higher, resulting in higher insurance premiums. It’s essential to note that your insurance policy might not cover damages caused by floods or hurricanes. If you reside in an area prone to flooding, consider buying flood insurance.

Average homeowners insurance cost for a $300,000 house in Rockford

According to Insure.com’s rate analysis, homeowners in Rockford typically pay an average of $2,765 annually for a home insurance policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, your home insurance rates will rise by $575. It is advisable to purchase enough insurance to cover the entire cost of rebuilding your home. The required amount of dwelling coverage can vary based on factors such as the size of your home, its features, and the cost of living in your area.

Average homeowners insurance cost in Rockford by company

After evaluating several carriers, Allstate is the least expensive homeowners insurance provider in Rockford. It’s average annual rate for homeowners in Rockford is $1,597.

State Farm holds the second position, while Nationwide secures the third spot with an average annual home insurance rate of $1,914.

Researching the insurance company is crucial before selecting a homeowners insurance policy. Our experts have analyzed all insurance providers in Rockford and compiled a list of the cheapest home insurance providers. Below, you’ll find the home insurance companies in Rockford and their average annual premiums.

Home Insurance Company	Annual rate
Allstate	$1,597
State Farm	$1,907
Nationwide	$1,914
Farmers	$2,611
Country Financial	$3,415
American Family	$4,409
Travelers	$6,831
Auto-Owners	$1,956
USAA*	$2,213

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Rockford for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.