7 Best Homeowners Insurance Companies in Illinois of 2025
Protecting your property in Illinois is essential, whether you own a single-family home, condominium, townhome, duplex, or mobile home. Homeowners insurance not only ensures the safety of your home, but it also safeguards one of your most significant investments.
With many homeowners insurance companies operating in Illinois, it can be difficult to find the right provider that offers the best coverage for your needs. Our Illinois homeowners insurance guide is here to help you navigate this process.
When searching for the perfect home insurance, consider providers that offer competitive pricing and diverse coverage options. At PropertyNest, our expert editors have carefully assessed hundreds of quotes from various insurers to present you with the top picks. Compare the coverage and cost of Illinois's best homeowners insurance providers to make an informed decision.
The Best Homeowners Insurance in Illinois
- Allstate: Best for Coverage Options
- Lemonade: Best Online Services
- Liberty Mutual: Best Homeowners Insurance for the New Insurance Buyer
- State Farm: Best Homeowners Insurance for Bundling
- Branch Financial:Best for Bundled, Streamlined Insurance Experience
- Farmers: Best for Environmentally-Friendly Homes/Green Upgrades
- USAA: Exceptional Customer Satisfaction for Military Members (Not Open to the Public)
Allstate: Best for Coverage Options
Allstate has its headquarters in northern Illinois and has an excellent brand image across the state.
The company has been in existence since 1931 and is considered a pioneer in the industry. Since then, they have greatly expanded the types of coverage they offer, making it possible for insureds to customize their coverage. Allstate is also well-known for its network of independent agents throughout the state, providing a personal touch to customer service.
With a wide range of coverage options and competitive pricing, it has become one of the most popular insurers among Illinois residents. While Allstate offers local agents, its recent J.D. Power claims satisfaction score (665/1000) places it below top performers like Chubb or Amica. But Allstate remains an attractive option for homeowners looking for reliable coverage in Illinois.
Read a full Allstate homeowners insurance review.
| PropertyNest Rating | 4.0 out of 5.0 |
|---|---|
| J.D. Power (out of 1,000) | 631 |
| A.M. Best - Financial Strength Rating | A+ |
| NAIC Complaint Index | 1.79 |
| BBB | A+ |
Lemonade: Best Online Services
Lemonade offers homeowners many of the features they like best in insurance companies.
Lemonade’s platform is almost entirely online—offering high digital convenience—but it has received a notably high complaint volume compared to other insurers. Insureds get the utmost convenience with the ability to file claims, make policy changes, or cancel their policies via Lemonade’s website or through their mobile app.
However, those who prefer meeting with an agent in person will not be as excited about getting a homeowners insurance policy through Lemonade.
| PropertyNest Rating | 4.5 out of 5.0 |
|---|---|
| BBB | B- |
| NAIC Complaint Index | 7.44 |
Liberty Mutual: Best Homeowners Insurance for the New Insurance Buyer
Liberty Mutual is one of the largest insurers in the country, and it offers many different insurance and investment products in addition to homeowners insurance.
Liberty Mutual is also strong in charitable giving, as it supports many charities for homelessness, the underserved, and those with disabilities.
Liberty Mutual’s rates are highly competitive. Liberty Mutual offers optional endorsements, such as water backup, and separate flood and earthquake coverage may be available through endorsements or externally.
Read a full Liberty Mutual home insurance review.
| PropertyNest Rating | 4.5 out of 5.0 |
|---|---|
| J.D. Power (out of 1,000) | 596 |
| A.M. Best - Financial Strength Rating | A |
| BBB | A- |
| NAIC Complaint Index | 3.14 |
State Farm: Best Homeowners Insurance for Bundling
State Farm is headquartered in Bloomington, Illinois, centrally located within the state.
State Farm is a popular company in Illinois because of its strong branding and solid financial ratings. The company offers a wide variety of insurance products for individuals and businesses.
| PropertyNest Rating | 4.5 out of 5.0 |
|---|---|
| J.D. Power (out of 1,000) | 643 |
| A.M. Best - Financial Strength Rating | A++ |
| BBB | A+ |
| NAIC Complaint Index | 1.75 |
Branch Financial: Best for Bundled, Streamlined Insurance Experience
Branch is a modern, tech-forward homeowners insurance provider that emphasizes simplicity and speed. Unlike traditional insurers, Branch uses a digital-first approach to offer instant, bindable quotes and promotes bundling home and auto insurance together for maximum savings. For Illinois homeowners looking to skip the paperwork and secure coverage in minutes, Branch provides one of the most efficient onboarding processes in the industry.
While Branch is newer and not as widely recognized as larger legacy providers, it has earned trust through transparency and strong customer service. Homeowners can manage policies, file claims, and adjust coverage entirely online. Additionally, Branch’s community-based referral program rewards members who help grow the platform by offering discounted rates.
However, Branch doesn’t yet offer as many add-on coverage options as larger insurers like State Farm or Allstate, and availability of certain products may vary by ZIP code.
| A.M. Best - Financial Strength Rating | A+ |
|---|---|
| BBB | A |
Farmers: Best for Environmentally-Friendly Homes/Green Upgrades
Farmers offer different tiers that are designed for new homeowners, established homeowners, and luxury homeowners.
The company gets an A rating from AM Best, which is strong but not as strong as other companies.
A nice benefit to Farmers homeowners policies is they offer replacement cost coverage on personal property. Farmers is also a company that rewards environmentally friendly customers. They offer extra coverage for rebuilding with green materials and discounts for building upgrades.
Read a full Farmers homeowners insurance review.
| PropertyNest Rating | 4.5 out of 5.0 |
|---|---|
| J.D. Power (out of 1,000) | 609 |
| A.M. Best - Financial Strength Rating | A |
| BBB | A- |
| NAIC Complaint Index | 0.31 |
USAA: Best for Military
USAA serves military personnel and their families only; it is not available to the general public and holds a superior financial rating.
In addition to being the company of choice for the armed forces, USAA has a stellar reputation for good customer service.
While USAA offers fewer discounts than its competitors, the good rates make up for the lack of discounts.
| PropertyNest Rating | 5.0 out of 5.0 |
|---|---|
| J.D. Power (out of 1,000) | 737 |
| A.M. Best - Financial Strength Rating | A++ |
| BBB | A+ |
| NAIC Complaint Index | 0.55 |
Why Trust Us When Shopping for Homeowners Insurance?
Our Methodology
We thoroughly researched 18 of the state's top homeowners’ insurance companies and narrowed the list down to those that operated in Illinois.
We rated them on criteria that included ease of use, ratings, financial strength, customer, and affordability.
We surveyed insurance coverage prices in Chicago, Aurora, Naperville, Joliet, and Rockford.
How We Picked and Ranked the Best Illinois Homeowners Insurance Companies
The PropertyNest team researched Illinois's best-known homeowners insurance companies to recommend the top company candidates.
We read customer reviews and testimonials, acquired quotes, and perused company websites to gather data. We also compared pricing and coverages and consulted insurance experts to affirm our recommendations.
The following are some of the factors we considered when gathering data:
Customer Satisfaction
Today’s customers make their voices and opinions known by writing online reviews. We reviewed them to get a first-hand account of how customers feel about their experiences.
Also, we researched ratings from JD Power, BBB, and AM Best to gather professional evaluations of each Illinois homeowners insurance provider.
The homeowners insurance companies with the highest marks made our list of recommendations.
Technology
Since customers are largely doing business online, we also researched each company’s website for navigability and ease of online quoting.
The ability to file claims online and make online policy changes was also a factor we considered.
We gave extra marks to companies with mobile apps, those that allowed online policy changes, and those that stood out with technological features such as chat and smart assistants.
Discounts/Coverages
Illinois homeowners insurance companies vary significantly in the types of coverages they offer and the discounts they provide. We considered these issues in detail in making our final choices.
We favored companies that offered lots of extra or unique coverage, as well as those that offered an attractive array of discounts.
Price
Understanding the importance of price to our customers, we considered each company’s rating structure's competitiveness and made comparisons.
We aimed to compare companies that offered similar discounts to achieve fair comparisons.
Companies that offer good coverage combined with multiple discount opportunities provide customers with good value, and we factored this into our results. The companies that scored high in this area became top contenders.
View Best Homeowners Insurance Companies in the U.S.
Locations
We surveyed insurance coverage prices in Chicago, Aurora, Naperville, Joliet, and Rockford.
What Does Illinois Homeowners Insurance Cover?
In Illinois and in other states, the limits and coverages homeowners insurance companies offer to vary depending on the type of policy.
In general, there are five components to a traditional homeowners insurance policy in Illinois, including the following:
Structure
This component pays for damage to repair or replace a home’s structure due to a covered loss. Common losses are fire, hurricane, hail, and lightning. Depending on the type of policy, a homeowners policy may also cover structures that are not attached to a house.
Other structures
This coverage pays for repairing or replacing structures other than a home, such as a detached garage, shed, or fence.
Personal property
Personal property pays for losses to an insured’s personal belongings such as furniture, furnishings, clothing, and other personal effects. This portion of the policy typically also provides limited coverage for items stored off-premises.
Liability
Liability covers losses for bodily injury or property damage that policyholders or their family members cause to others. This component also pays for legal fees and court costs up to the policy limit. It covers the insured person when anywhere in the world.
Medical payments
Medical payments are designed to cover small claims for medical bills for someone who gets hurt on an insured’s property. This coverage is nonetheless limited and pays regardless of fault.
Additional living expenses
This pays additional costs for living expenses if an insured is displaced from their home due to a covered loss. Insureds can get reimbursed for things like meals, hotels or apartment rentals, transportation to work, and similar expenses.
Homeowners insurance policies may also have endorsements added to modify the original coverages on a particular form. Common endorsements cover jewelry, watches, furs, or collectibles. It may also cover additional perils like water backups or earthquakes.
Moreover, policies often cover perils like hail or the weight of snow/ice—but coverage can vary by policy and insurer, so verify specifics. Winters are frigid and snowy in the state, especially in the northern region.
There are different policy forms for various types of dwellings. For example, while renters do not own any part of a dwelling, there is a special form of homeowners insurance that covers their personal property and liability. Tenant policies also generally cover loss of use.
Homeowners of multiple dwelling properties, such as condos, townhomes, coops, and duplexes, are also written on a special form. This is because they have shared walls with other homeowners. Such policies generally cover the interior of dwellings, liability, and personal property.
Mobile homeowners also have access to coverage via a homeowners policy. This coverage is more expensive than other dwellings because mobile homes are more susceptible to damage due to common losses like wind, floods, and fires. Mobile homes also tend to have a higher risk of vandalism.
Learn more about the homeowners fire insurance coverage.
Homeowners policies are also available for landlord dwellings. This form of insurance pays for losses to the structure, liability, and loss of rent, but not the tenant’s property.
For all claims except liability claims, insureds have to pay a deductible before the insurance company pays a claim. Furthermore, deductibles have a bearing on rates. The higher the deductible, the lower the rate will be.
What Will Illinois Homeowners Insurance Not Cover?
The most popular homeowners insurance forms cover all risks, also called open perils. However, even in an all-risk policy, certain losses are not covered.
Homeowners policies will not cover items such as jewelry, fine arts, or collectibles unless specific coverage has been added by endorsement.
Generally, homeowners insurance policies also contain exclusions for damage caused by termites, birds, rodents, vermin, and inherent vice. Issues such as rust, rot, and mold are also common exclusions for homeowners insurance policies.
Perils such as earthquakes and flooding are typically excluded from homeowners insurance policies. Earthquake coverage can be added by endorsement. Illinois homeowners should consider it, as earthquakes occasionally occur in that area.
Flooding is excluded on most standard homeowners policies, but coverage can often be obtained through the NFIP, private flood insurance policies, or endorsements. The federal government offers flood insurance through the National Flood Insurance Program. Numerous lakes, rivers, and reservoirs wind their way throughout Illinois, causing the risk of water damage to Illinois homes, so flood insurance is preferable in certain areas.
Homeowners insurance is designed to cover sudden or natural disasters, so it does not cover maintenance issues or normal wear and tear.
How Much Does Homeowners Insurance Cost in Illinois?
Many factors go into calculating the cost of homeowners insurance in Illinois.
Insurance providers account for factors related to the dwelling, such as age, type of construction, type of dwelling, and architectural design. Insurance agents will calculate the actual replacement cost of the dwelling, which is the cost to reconstruct the home on the same or a different piece of property.
Other factors that play a role in the rate are the geographical location, claims experience, and the insured’s credit rating.
How Can I Save Money on My Homeowners Insurance in Illinois?
Fortunately, Illinois has multiple ways to save money on homeowners insurance.
A simple way to save money is by increasing your deductible. Another strategy is to review your replacement cost coverage to ensure it is not higher than the current reconstruction cost.
Notably, adventuresome homeowners who enjoy summer or winter recreation such as boating, motorcycling, or snowmobiling in Illinois can take advantage of a bundling discount with their home and auto insurance.
A good credit rating may also decrease homeowners insurance rates slightly, so homeowners should maintain a favorable credit rating.
Finally, it is prudent for homeowners to review their policies every year and modify coverages according to their current needs.
Related:
- Selection Criteria: Companies are chosen based on customer service, affordability, and coverage diversity.
- Data Collection: Data is amassed from credible sources, customer surveys, and industry reports.
- Analysis: A robust analysis, employing a scoring system, is conducted to rank the companies.
- Updating: This page is regularly updated to offer the most current information.
- Editorial Integrity: We uphold a transparent editorial process and disclose any affiliations.
- User Engagement: User feedback is integral and factored into our evaluations.
- Accessibility and Usability: Our page is crafted for ease of use, mobile optimization, and wide accessibility.
- Editorial Independence: Our editors and writers work independently, free from influence by advertisers.
- Source Disclosure: All data sources are disclosed and credited.
- Conflict of Interest: Any potential conflict of interest is disclosed to maintain integrity.
- Reviewer Qualifications: The qualifications of reviewers and contributors are provided.
- Update Frequency: The frequency of updates and revisions is clearly stated.
- Correction Policy: A clear policy for correcting errors is in place to uphold accuracy and trust.
