The first thing you should know about Illinois home insurance quotes is that there are five companies considered the top insurers in the state. Allstate is the first. It is based in Northbrook, Illinois. The fourth largest provider in the state is American Family. The other three biggies in the Illinois home insurance business are Country Mutual, Farmers and State Farm.
Those five companies are not the only agencies to call on for Illinois Home Insurance Quotes. There are many and you should always get more than one quote. Shop around a bit before deciding on a company.
Illinois home insurance covers six things. “Dwelling” coverage is for the house, its plumbing, wiring, heating and permanent air-conditioning units. Coverage for “other structures” takes care of standalone garages, tool sheds and guest quarters – basically anything on your property that isn’t attached to the house.
Then there’s the personal property coverage. This will reimburse you for the value off your stuff, including appliances, clothes, furnishings and electronics. It even covers things you have in an off-property storage facility and things your child has taken to a college dorm.
If something happens and you have to spend time out of your house while it’s being repaired, loss of use coverage will help pay for additional living expenses. Personal liability coverage comes in handy when someone sues you or when you’re found legally responsible for hurting someone else.
Last but certainly not least, is medical payments coverage. If someone is in your yard and gets bitten by the family dog, this coverage kicks in providing you don’t have a type of pet that is excluded. Many insurers won’t cover you if you own certain large-breed.
Now you have to think about the type of policy you’re looking for when shopping for Illinois home insurance quotes. In Illinois, there are at least 10 policy types, or forms as they’re called. The most popular in the state is the Special Form, which will cover everything unless specifically excluded. Two exclusions are earthquakes and floods.
Flood insurance must be purchased through the National Flood Insurance Program.