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60523 Home Insurance Rates

Getting multiple homeowners insurance rates in 60523 is the best way to review and compare all the coverage options available for you, your home and your family. Our homeowners rates are very competitive for homeowners living in the great city of Oak Brook, IL. Many homeowners based out of the 60523 zip code have found it very easy to shop with GetHomeInsuranceQuotes.com. The reason is because we clearly showcase the carriers that we will shop for you. We can compare up to 12 competitive home insurance rates for you all in one place. Plus, our home insurance quotes are free and our Illinois licensed home insurance professionals can provide a free consultation service to you that allows you to ask questions about which policy and coverage package is best for you. To get free home insurance quotes, simply click the "Get Multiple Quotes Now" button. Your 60523 should appear in the zip code field ready to go. For Oak Brook, IL Home Insurance Quotes, Click to easily get started!

60523 Homeowners Insurance Rates, Average Rating: Medium!

Your homeowners insurance policy in 60523 consists of both property and casualty insurance coverage. This type of policy will insure your home against a variety of risks, including fire, theft and windstorm damage. Additional protection is also included in most policies that offer liability coverage against accidents that may injure other people on your property in Oak Brook. For a basic HO-3, standard homeowners policy, the average premium per year in Illinois is around $1027. By shopping your home insurance with us at GetHomeInsuranceQuotes.com, we can help you compare the most affordable rates and enhanced coverage options. Please enter your 60523 zip code today and let us help you save time and money on your homeowners insurance premium.

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60523 Home Insurance Average Premiums

Local 60523 homeowners insurance quotes comparison

$777 /yr.

Shows Zip Code: 60523 lowest rates with discounts applied on average.

For the 60523, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$777 /yr.
Average Coverage:$1027 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1327 /yr.

What is the average home insurance cost for a home in 60523?

  • • The average homeowners insurance premium paid annually for a home in 60523 is around $1027 per year.

What does it cost on average per month for home insurance in 60523?

  • • Homeowners in 60523 pay a monthly average cost per month around $86.00.

What kind of discount could I get if I combine my home and auto insurance together in 60523?

  • • Autoowners in 60523 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Oak Brook area, check out other zip codes nearby 60523.
Review average rates in another zip code:
60523 homeowners insurance rates

Home Replacement Cost Coverage in 60523

Average Building Cost Per Square Foot in 60523: $154

Location: Oak Brook, Illinois (Dupage County)

Average Square Footage in 60523: 4,565 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 60523 before you start any project. Oak Brook homeowners pay on average around $154 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 60523 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 60523 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 4,565 sq. ft. and the average cost to rebuild the home in this area is around $154 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Oak Brook area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1544,565$703,000
Additional Upgrades & Added Features$1934,565$878,750
Major Home Updates or Advancements$2314,565$1,054,500

It's important to understand that when you estimate your replacement cost of your home in the 60523 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 60523

Best Home & Auto Insurance Agencies in 60523

Margaret Ward-Farmers Insurance

Address: 900 Jorie Blvd, Ste 19 Oak Brook, IL 60523
Phone:
Website: http://www.farmersagent.com/mward1/
Info:

Allstate Insurance Companies

Address: 1808 Swift Dr Oak Brook, IL 60523
Phone:
Website:
Info:

Housing Demographics for 60523

Population Review for 60523 Zip Code

For the city of Oak Brook, the population within 60523 has increased to over 11,698 residents in population size. The current population total is 10,347. We have broken down the population based on race below. In 60523, there are over 4770 in male population and 5577 females.

PopulationValues
Total Population10,347
White Population6334
Black Population242
Hispanic Population525
Asian Population3004
Hawaiian Population2
Indian Population11
Other Population174
Male Population4770
Female Population5577
Population Estimate11698

Household Data for 60523

The average number of homes in 60523 is around 4,425, there are an average of 2.33 per household. The average house value according to local real estate values is around $703,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,425
Persons Per Household2.33
Average House Value$703,000
Income Per Household$103494
Median Age57.4
Median Age Male55.0
Median Age Female59.3
60523 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code630/708/331/847/224/773
CityOak Brook
City Alias NameOAK BROOK
CountyDupage
County FIPS043
State FIPS17
Time Zone6
Day Light SavingY
MSA1602
PMSA1600
CSA176
CBSA16980
CBSA_DIV16984
CBSA_TypeMetro
CBSA_NameChicago-Naperville-Elgin, IL-IN
MSA_NameChicago-Gary-Kenosha, IL-IN-WI CMSA
PMSA_NameChicago, IL PMSA
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1447
Number Of Employees33346
Business First Quarter Payroll811907
Business Annual Payroll3306702
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population9461105
CBSA Division Population7147982
Congressional District04|06|07
Congressional LandArea52.45|378.78|62.52
Delivery Residential5021
Delivery Business1109
Delivery Total6121
Preferred Last Line KeyW13336
Classification Code
Multi-CountyY
CSA NameChicago-Naperville, IL-IN-WI
CBSA_DIV_NameChicago-Naperville-Schaumburg, IL
City State KeyW13336
Land Area8.954000
Water Area0.334000
City Alias Code
City Mixed CaseOak Brook
City Alias Mixed CaseOak Brook
Box Count0
SFDU3179
MFDU1539
State ANSI17
County ANSI043
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number163654
Unique ZIP Name
SSA State County Code14250
Medicare CBSA Code16984
Medicare CBSA NameChicago-Naperville-Evanston, IL
Medicare CBSA TypeMetro
Market Rating Area ID3
County Mixed CaseDupage

Illinois Homeowners Insurance News & Information

  • Largest Insurer in California – Travelers Announces Home Insurance Rates Going Up 15% Posted on Monday 20th May, 2024

    Travelers Insurance, which is one of the largest insurers in California, recently announced that they will be raising premiums by an average of 15% in the Golden State. This is just the latest rate increase or policy limitation by major insurance companies who blame the increases on spreading wildfire risks, inflation, and the cost of […]

  • Should I raise my deductible to $10,000 to help offset the cost of rising premiums? Posted on Wednesday 15th May, 2024

    According to industry reports, homeowners are raising their deductibles to $5,000 to $10,000 to help offset the cost of rising premiums.  While raising a deductible into the stratosphere will absolutely lower your homeowner insurance premium, it does mean that you will have to cover your deductible amount in the event you have to make a […]

  • Should I choose the minimum or maximum homeowners insurance coverage? Posted on Monday 13th May, 2024

    As homeowner insurance rates rise across the country, some homeowners are opting for policies that offer minimal coverage to keep their premiums affordable. Unfortunately, this choice will leave them at higher risk and in a position where they may have to pay more out of pocket if they have to make a claim on their […]