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Home Insurance Costs with Deductible Scenarios in Peoria, IL & Nearby Areas

Place Name/Near by place Typical Insured Amount ($) High Deductible($)
($2500)
Low Deductible($)
($500)
Peoria, IL $124800 $505 $695
Brimfield, IL $131800 $534 $735
Pekin, IL $104300 $462 $636
Deer Creek, IL $170600 $597 $822
Eureka, IL $141100 $463 $637
Elm Grove, IL $168300 $595 $818
Bartonville, IL $109900 $455 $627
Morton, IL $194600 $528 $727
Timber, IL $121000 $513 $706
Norwood, IL $94800 $454 $624

Impact of Coverage Amount on Home Insurance Cost In Peoria, IL

Coverage Amount Home Insurance Cost ($)
$100,000 $463
$200,000 $1,655
$300,000 $2,331
$400,000 $2,865
$500,000 $3,667
$750,000 to $1000,000 $4,240
Above $1000,000 $5,014


Peoria, IL Homeowners Insurance Rates Compared to State & National Average Rates

Average Home Insurance Cost($)
National Average $1224
Peoria, IL Average Home Insurance Cost$703.25
State Average Home Insurance Cost$850
Difference Vs national Average-520.75

Top Homeowners Insurance Companies in Peoria, IL

Insurance Provider Average Homeowners Insurance Cost($)
AAA $1,171
Erie $1,143
LM General $837
Liberty $795

Peoria, IL Home Insurance Discounts For Different Number of Claims

Type Discount/Extra Cost in ($) Premium After Claim Payout ($)
Claim Free -98 605
One Claim +63 767
Two Claims +91 795