Gavop's guide to buying homeowners insurance in Palos, 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 | $83,500 | $80,000 | $75,000-$100,000 |
| 2 Bedroom | $225,000 | $210,000 | $250,000-$300,000 |
| 3 Bedroom | $185,000 | $170,000 | $200,000-$250,000 |
| 4 Bedroom | $399,500 | $320,000 | $350,000-$400,000 |
| 5 Bedroom | $380,000 | $340,000 | $350,000-$400,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$140 | $637 |
| Superior Protection Discount | -$78 | $699 |
| Fire & Security Discount | -$54 | $723 |
| Hail Resistant Roof Discount | -$16 | $761 |
| Newly Constructed Home Discount | -$163 | $614 |
| 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 |
| Cook County | $2,500 | $881 | $3,381 | $640 | $3,140 | $241 |
| Palos, IL | $1,500 | $768 | $2,268 | $558 | $2,058 | $210 |
| Willow Springs, IL | $300 | $790 | $1,090 | $574 | $874 | $216 |
| Alsip, IL | $1,000 | $686 | $1,686 | $499 | $1,499 | $188 |
| Oak Brook, IL | $300 | $720 | $1,020 | $523 | $823 | $197 |
| Bolingbrook, IL | $1,500 | $855 | $2,355 | $621 | $2,121 | $234 |
| Richton Park, IL | $100 | $641 | $741 | $466 | $566 | $175 |
| North, IN | $2,000 | $788 | $2,788 | $573 | $2,573 | $215 |
| Reed, IL | $300 | $664 | $964 | $482 | $782 | $181 |
| Knollwood, IL | $2,000 | $1,009 | $3,009 | $733 | $2,733 | $276 |
| Gurnee, IL | $200 | $919 | $1,119 | $668 | $868 | $251 |
| Waterman, IL | $2,500 | $785 | $3,285 | $571 | $3,071 | $215 |
| Home Insurance Company Palos, IL | Homeowners Insurance Agency Palos, IL | Address | Popularity Score | Distance from Palos (miles) |
|---|---|---|---|---|
| State Farm | Paul Siano | 8130 W 143rd St, Orland Park, IL, 60462-2310 | 4.2 | |
| Allstate | Heather Beck | 6358 S Cass Ave, Westmont, IL, 60559 | 8.7 | |
| Travelers | Merit Insurance Group | 8041 W 186th Street Ste. D , Tinley Park, IL, 60487 | 9.5 | |
| Travelers | Volkman Insurance Agency Inc | 161 S. Lincolnway, Suite 206 , North Aurora, IL, 60542 | 25.7 | |
| Allstate | Jack Hallberg Sr. | 3105 W 111th St, Chicago, IL, 60655 | 7.8 | |
| Farmers | Llajaira Beltran | 5938 S Pulaski Rd, Chicago, IL, 60629 | 9.4 | |
| Farmers | Alex Panozzo | 7 S Lincoln St Ste 11, Hinsdale, IL, 60521 | 9.0 | |
| State Farm | Ernesto Martinez | 2201 W Lake St Apt 1, Melrose Park, IL, 60160-3646 | 14.3 | |
| State Farm | John Kurylak | 1141 Fairview Ave, Westmont, IL, 60559-2709 | 9.6 | |
| State Farm | Denny Georgopulos | 105 E Burlington St, Riverside, IL, 60546-2146 | 9.9 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Illinois | $179,700 | $850 | $570 | $1,180 | $610 |
| Cook County, IL | $227,400 | $892 | $610 | $1,270 | $660 |
| Palos, IL | $224,600 | $777 | $540 | $1,070 | $530 |
| Willow Springs, IL | $339,100 | $800 | $540 | $1,140 | $600 |
| Alsip, IL | $167,900 | $695 | $510 | $980 | $470 |
| Oak Brook, IL | $784,700 | $729 | $520 | $1,040 | $520 |
| Bolingbrook, IL | $209,200 | $865 | $610 | $1,220 | $610 |
| Richton Park, IL | $142,900 | $648 | $440 | $910 | $470 |
| North, IN | $114,200 | $798 | $570 | $1,110 | $540 |
| Reed, IL | $155,300 | $672 | $480 | $960 | $480 |
| Knollwood, IL | $286,600 | $1,021 | $750 | $1,450 | $700 |
| Gurnee, IL | $254,000 | $930 | $620 | $1,330 | $710 |
| Waterman, IL | $152,800 | $795 | $530 | $1,110 | $580 |