Gavop's guide to buying homeowners insurance in Lincoln, IL covers how to get the right coverage, optimize deductibles, identify the best agents, understand claim requirements, avail discount options, compare cheap quotes and research reviews.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $37,000 | $30,000 | $25,000-$50,000 |
| 2 Bedroom | $108,000 | $100,000 | $100,000-$125,000 |
| 3 Bedroom | $171,500 | $140,000 | $175,000-$200,000 |
| 4 Bedroom | $148,000 | $130,000 | $150,000-$175,000 |
| 5 Bedroom | $198,000 | $180,000 | $200,000-$250,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$134 | $702 |
| Superior Protection Discount | -$75 | $760 |
| Fire & Security Discount | -$75 | $760 |
| Hail Resistant Roof Discount | -$25 | $810 |
| Newly Constructed Home Discount | -$184 | $652 |
| Low Deductible ($500) | High Deductible ($2500) | |||||
|---|---|---|---|---|---|---|
| Place | Example Claim Amount | Yearly Premium | Total Yearly Cost | Yearly Premium | Total Yearly Cost | Net Savings for High Deductible Plan |
| Logan County | $700 | $627 | $1,327 | $455 | $1,155 | $171 |
| Lincoln, IL | $700 | $825 | $1,525 | $600 | $1,300 | $226 |
| Stanford, IL | $2,500 | $593 | $3,093 | $431 | $2,931 | $162 |
| Salt Creek, IL | $200 | $646 | $846 | $470 | $670 | $177 |
| Spaulding, IL | $2,500 | $864 | $3,364 | $628 | $3,128 | $236 |
| Heyworth, IL | $500 | $772 | $1,272 | $561 | $1,061 | $211 |
| Manito, IL | $1,000 | $618 | $1,618 | $449 | $1,449 | $169 |
| Washington, IL | $200 | $674 | $874 | $490 | $690 | $184 |
| Divernon, IL | $2,500 | $638 | $3,138 | $464 | $2,964 | $174 |
| Owaneco, IL | $200 | $482 | $682 | $350 | $550 | $132 |
| Waverly No. 3, IL | $700 | $773 | $1,473 | $561 | $1,261 | $211 |
| Home Insurance Company Lincoln, IL | Homeowners Insurance Agency Lincoln, IL | Address | Popularity Score | Distance from Lincoln (miles) |
|---|---|---|---|---|
| State Farm | Rick Hamm | 628 N Chicago St, Lincoln, IL, 62656-2131 | 0.7 | |
| State Farm | Chris Coyne | 1212 Woodlawn Rd Ste B, Lincoln, IL, 62656-9746 | 1.1 | |
| Travelers | Town & Country Insurance Agency Ltd | 301 N Main St, Canton, IL, 61520 | 45.0 | |
| State Farm | Deron Powell | 114 E Cooke St, Mount Pulaski, IL, 62548-1261 | 10.8 | |
| Travelers | Seibel Insurance Agency | 911 W Garfield, Bartonville, IL, 61607 | 37.5 | |
| Erie | Grieme Insurance Agency Llc | P O Box 890, Lincoln, IL, 62656 | 0.4 | |
| State Farm | Adam Osborn | 914 W Glen, Peoria, IL, 61614-5918 | 43.0 | |
| Erie | Corbin Insurance Agency Inc. | 1956 Deer Lane, Washington, IL, 61571 | 40.0 | |
| State Farm | Donna Watson | 3805 N Sterling Avenue, Peoria, IL, 61615-4230 | 42.6 | |
| State Farm | Bob Humbles | 6826 N Frostwood Pkwy, Peoria, IL, 61615-2417 | 45.5 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Illinois | $179,700 | $850 | $620 | $1,200 | $580 |
| Logan County, IL | $101,300 | $634 | $430 | $910 | $480 |
| Lincoln, IL | $90,300 | $835 | $570 | $1,190 | $620 |
| Stanford, IL | $85,900 | $600 | $400 | $830 | $430 |
| Salt Creek, IL | $101,300 | $654 | $460 | $930 | $470 |
| Spaulding, IL | $193,000 | $874 | $590 | $1,250 | $660 |
| Heyworth, IL | $146,800 | $781 | $550 | $1,110 | $560 |
| Manito, IL | $93,100 | $626 | $430 | $860 | $430 |
| Washington, IL | $160,800 | $682 | $470 | $960 | $490 |
| Divernon, IL | $98,800 | $646 | $460 | $920 | $460 |
| Owaneco, IL | $58,800 | $488 | $350 | $670 | $320 |
| Waverly No. 3, IL | $147,200 | $782 | $530 | $1,100 | $570 |