Updated: January 5, 2026
Advertising & Editorial Disclosure
Chubb is the best and cheapest provider in Chicago at $257 per month, while USAA is the best for military families in the city at $133 per month.
Chubb offers ways to save with discounts for being loss-free, having a newly-renovated or built home and having protective devices installed.
To find affordable home insurance in Chicago, assess your coverage needs, research providers and compare quotes thoroughly.
In Chicago, Chubb offers the best home insurance at an average of $257 per month. For those prioritizing price, Allstate provides the lowest premium at $92 per month.
USAA tops the list in Chicago with an average cost of $133 per month and a MoneyGeek score of 4.96 out of 5, but it's exclusively for military members, veterans and family members.
Toggle the table below to see the best providers in the Windy City.
| Chubb | $257 | $3,088 | -10% | 4.62 |
| State Farm | $144 | $1,724 | -50% | 4.55 |
| Farmers | $142 | $1,710 | -50% | 4.44 |
| Auto-Owners Insurance | $379 | $4,552 | 32% | 4.43 |
| American Family | $396 | $4,747 | 38% | 4.40 |
| Allstate | $92 | $1,100 | -68% | 4.35 |
| Nationwide | $253 | $3,034 | -12% | 4.19 |
| Travelers | $789 | $9,464 | 175% | 3.50 |
*Rates are for a 2,500-square-foot home with $250,000 in dwelling coverage and a $1,000 deductible, built in 2000.
Average Annual Premium
Number of Endorsements
Number of Discounts
Home insurance costs vary widely based on your zip code, personal profile, coverage chosen and home details. Chicago homeowners pay an average of $287 monthly, well above the average cost of home insurance in Illinois at $177 per month.
Compare personalized rates in Chicago based on your desired coverage level and deductible using the table below.
| USAA | $133 | $1,592 | -54% | 4.96 |
| Chubb | $257 | $3,088 | -10% | 4.62 |
| State Farm | $144 | $1,724 | -50% | 4.55 |
| Farmers | $142 | $1,710 | -50% | 4.44 |
| Auto-Owners Insurance | $379 | $4,552 | 32% | 4.43 |
| American Family | $396 | $4,747 | 38% | 4.40 |
| Allstate | $92 | $1,100 | -68% | 4.35 |
| Nationwide | $253 | $3,034 | -12% | 4.19 |
| Travelers | $789 | $9,464 | 175% | 3.50 |
Home age significantly impacts insurance costs in Chicago, with newer homes commanding the lowest premiums across all providers. USAA and Allstate consistently offer the most competitive rates regardless of home age, while middle-age and older homes face substantially higher premiums, sometimes double or triple the cost of insuring newer properties.
Toggle between home age categories in the table below to compare rates from major insurers and find the best coverage for your property.
| USAA | $72 | $868 | -60% | 5.00 |
| Chubb | $158 | $1,898 | -12% | 4.64 |
| State Farm | $81 | $977 | -55% | 4.58 |
| Farmers | $83 | $995 | -54% | 4.47 |
| American Family | $231 | $2,774 | 29% | 4.44 |
| Auto-Owners Insurance | $250 | $3,004 | 40% | 4.43 |
| Allstate | $79 | $951 | -56% | 4.34 |
| Nationwide | $157 | $1,889 | -12% | 4.22 |
| Travelers | $502 | $6,021 | 180% | 3.50 |
Credit score dramatically affects home insurance premiums in Chicago, with poor credit homeowners paying up to five times more than those with excellent credit. Chubb's premiums remain consistently high regardless of credit score, making it a premium-priced option that may not suit budget-conscious homeowners. Take a look between credit score categories in the table below to see how your credit impacts insurance costs from major providers.
| USAA | $133 | $1,592 | -54% | 4.96 |
| Chubb | $257 | $3,088 | -10% | 4.62 |
| State Farm | $144 | $1,724 | -50% | 4.55 |
| Farmers | $142 | $1,710 | -50% | 4.44 |
| Auto-Owners Insurance | $379 | $4,552 | 32% | 4.43 |
| American Family | $396 | $4,747 | 38% | 4.40 |
| Allstate | $92 | $1,100 | -68% | 4.35 |
| Nationwide | $253 | $3,034 | -12% | 4.19 |
| Travelers | $789 | $9,464 | 175% | 3.50 |
Finding affordable home insurance in Chicago can be challenging. We've put together a simple step-by-step guide to help you discover the best and most affordable coverage for your needs.
Determine your home insurance coverage needs beforehand to compare quotes easily and prevent being oversold by agents.
Average home insurance costs in Illinois can fluctuate depending on location, so it helps to look at how major providers rank statewide. Our analysis of the best homeowners insurance in Illinois highlights which companies consistently balance cost, service and coverage, giving you a clearer benchmark for what’s fair in Chicago.
In addition to cost research, understand what add-on coverages companies offer and their reputations for handling claims, agent service, policy management and buying processes. Great resources for this include J.D. Power, the NAIC, forums like Reddit, and user review sites like Trustpilot.
Comparing multiple quotes from various companies allows you to identify the best option for you. Pricing also varies depending on where you get your quote. We recommend requesting quotes online and from independent agents and captive agents to make sure you get the lowest price.
Below, we’ve answered common questions about home insurance in Chicago.
Chubb is the top home insurance provider in Chicago, offering low rates, excellent customer service and a wide range of optional coverages. We recommend you also request quotes from State Farm or Farmers. If you're a military member, veteran or family member, USAA is the best and cheapest in the city.
Allstate offers the most cost-effective home insurance for many Chicago homeowners at around $92 per month or $1,100 annually. Rates will differ based on individual circumstances and coverage choices.
Home insurance costs in Chicago range from $1,100 to $9,464 annually, with rates influenced by home age and coverage options.
MoneyGeek’s study analyzed home insurance premiums from 10 companies in Chicago. The data used was provided in partnership with Quadrant. The customer satisfaction scores used in this study were drawn from J.D. Power surveys. To calculate affordability scores, quotes were collected for a home with varying coverage levels.
In this analysis, MoneyGeek used a base profile for a homeowner with a 2,500 square foot home built in 2000 with dwelling coverage of $250,000, personal property coverage of $100,000, and liability coverage of $100,000. All the policies had the same deductible of $1,000.
Other quotes were also collected for homeowners with newly constructed homes, increased dwelling or personal property coverage, higher deductibles, and poor credit scores.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
