Home Insurance Companies in Illinois – Be Aware!

Are you looking to compare Home Insurance Companies in Illinois? By taking this step before purchasing any policy, you will be able to make an informed decision on which company will best meet your needs. One way to compare insurance companies of this type is to read reviews and see what others have to say about them. Often these reviews will also tell you the rating of the insurance company as well as their rate of customer complaints.

Take all into consideration before you choose to sign with any company as this will help you to get the best coverage possible. Here is an overview of some of the top companies serving this state. Ratings in these reviews are the work of A.M. Best which is an independent company which rates insurance providers.

• Allstate Home Insurance Company in Illinois – This company has received an A+ rating from A.M. Best and is financially stable. It’s one drawback is that it also has one of the highest rates of customer complaints at 1.06 for every $1 million in premiums.
• American Family Homeowners Insurance Company of Illinois-This company is financially stable and receives an A rating from A.M. Best. As far as customer complaints go, it has a complaint ratio of .44 per $1 million in premiums.
• Country Mutual Illinois Homeowners Insurance Company-This is the second largest insurer in the state as far as homeowner insurance policies go. Not only does it have an A+ rating, it is also tied with SF Homeowners Insurance Company for the lowest ratio of complaints per $1 million in premiums.
• Farmers Illinois Homeowners Insurance Company-This company receives an A rating from A.M. Best and is considered to be financially stable. It’s complaint ratio is also very good as it comes in at only .27 for every $1 million in premiums paid.
• SF Homeowners Insurance Company of Illinois-The largest home insurance company in the state, this company receives an A+ rating from A.M. Best. In addition, it has the lowest complaint rate at .19 per $1 million in premiums.

When comparing Home Insurance Companies in Illinois, take the above into consideration. Premiums should also be looked at as, no matter how good a company is, you must be able to pay the premiums asked. This was not looked at as each home is different. No two policies will be either. Home Insurance Companies in Illinois can quote you a premium when you contact them directly for this reason.