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2024

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Best Homeowners Insurance Agencies in Schaumburg, IL

Our Recommended Top 9

We did the research for you!

  • Licensing
  • User Reviews
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Our goal is to connect people with the best local professionals. We scored Schaumburg Homeowners Insurance Agencies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

51Reviewed

34Curated

9Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

2609 Pebblebrook Lane, Rolling Meadows, IL 60008

Expertise.com Rating

Review Sources

Google
5.0 (17)

Why choose this provider?

AFI Insurance is an independent agency that offers property damage coverage to homeowners in Schaumburg. It provides policies that include damages from natural disasters such as wind and lightning; instances of theft, vandalism, riots, fires, and explosions; and water discharge and falling objects. Beyond securing a client's dwelling, its insurance plans also cover select personal belongings, additional living expenses, and liability protection. AFI also counsels clients on the scope of their coverage, and offers other lines of property insurance, including condo and renters'.

  • Multiple Carriers
  • Multiple Policy Types

240 South Westmore-Meyers Road, Lombard, IL 60148

Expertise.com Rating

Review Sources

Google
4.9 (29)

Why choose this provider?

Based in Schaumberg, Concklin Insurance Agency Inc. is a full-service insurance company offering homeowners policies for single-family homes, condos, and apartment rentals. The agency's standard homeowner policies include structure, loss of use and living expenses, personal property, and liability coverage, and separate packages are provided for condo owners and renters. Concklin Insurance works with carriers in 48 states to help customers find cost-effective policies that suit their coverage needs, and its additional insurance products include health, life, and business.

  • Condos
  • Multiple Policy Types

1111 Plaza Dr, Schaumburg, IL 60173

Expertise.com Rating

Review Sources

Google
3.8 (6)
Facebook
5.0 (5)

Why choose this provider?

Service Insurance Agency is an independent insurance agency in Schaumburg that shops for homeowners' policies for clients. The company's agents evaluate the needs of the homeowners and offer various insurance options that fit the customers' priorities and budgets. The standard coverage of homeowners' insurance includes protection of the home structures and personal belongings from damage. It also covers liability protection for when other people suffer from an injury while on the home or have their property damaged by the policyholder.

  • Multiple Policy Types

953 North Plum Grove Road, Schaumburg, IL 60173

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Innovative Insurance Solutions provides a variety of insurance coverages for businesses and individuals throughout Schaumburg and its nearby regions. The agency provides a homeowners' insurance policy that covers damage to the client's property and liability for injuries to other people. The coverages of its home insurance plan include dwelling, loss of use, personal property, and other structures. Its team of professionals also offers workers' compensation, business owner policies, and auto insurance services.

  • Multiple Policy Types

153 North Neltnor Boulevard, West Chicago, IL 60185

Expertise.com Rating

Why choose this provider?

Serving customers throughout Schaumburg, Magnum Insurance is a homeowners insurance broker in business since 1981. Customers can obtain quick quotes and access claim information via the company's online website portal, and its homeowners policies generally cover property damage, loss of personal property, personal liability, and additional living expenses when properties require extensive repair. Policy options include HO1, HO2, HO3, and HO8, and the agency's representatives assist customers with obtaining additional policies to prevent gaps in coverage.

  • Condos
  • Renter's Insurance
  • Multiple Policy Types

12141 West 159th Street, Homer Glen, IL 60491

Expertise.com Rating

Review Sources

Facebook
5.0 (19)

Why choose this provider?

Allegiance Insurance Services delivers personal and commercial insurance solutions to clients in Schaumburg and the surrounding areas. Its agents help clients get financial protection for their private residences and the contents by finding the right homeowners' insurance policy. Each policy is specifically designed depending on the losses covered, the chosen coverages, and the type of residence the client owns. Established in 2003, the company has more than 30 years of combined staff experience.

  • Multiple Policy Types

911 South Main Street, Lombard, IL 60148

Expertise.com Rating

Review Sources

Facebook
5.0 (1)

Why choose this provider?

The Nolan Agency is an independent homeowners insurance agency that has served residents in the Schaumburg area since 1985. The firm provides tailored home and contents policies with inclusions such as medical coverage for guests injured on a homeowner's property, scheduled personal property coverage for valuable items, and personal property coverage for furniture and belongings. The Nolan Agency helps homeowners avoid expensive gaps in coverage by combining home insurance with extras, such as flood and earthquake insurance.

  • Multiple Policy Types
  • Personal Property Insurance
  • Multiple Carriers

14 North York Road, Bensenville, IL 60106

Expertise.com Rating

Review Sources

Yelp
4.0 (7)

Why choose this provider?

Armando Perez - State Farm Insurance Agent is a licensed homeowners insurance broker based in Schaumberg. Mr. Perez and his team have over three decades of collective experience, and they advise homeowners on policies best suited to their coverage needs and budgets. The agency's homeowner policies generally include personal liability, damage coverage for fires and weather disasters, living expenses during structural repairs, and property loss coverage for break-ins, theft, and vandalism.

  • Condos
  • Renter's Insurance
  • Multiple Policy Types

1900 East Golf Road, Schaumburg, IL 60173

Expertise.com Rating

Review Sources

Facebook
5.0 (3)
Google
5.0 (2)
Yelp
4.0 (1)

Why choose this provider?

DSP Insurance Services has been providing risk management solutions in Schaumburg for over three decades. It has partnerships with different insurance carriers to aid clients in finding appropriate insurance products. The firm's insurance advisors work closely with homeowners to identify their needs and create custom insurance plans. They also inform homeowners of available coverage options, including compensation for losses arising from personal liability, fire incidents, property damage, and injury claims and related medical expenses. DSP Insurance Services offers business insurance.

  • Fire
  • Personal Property Insurance

Compare our Top Homeowners Insurance Agencies

NameExpertise RatingAddressPromotionsLearn more
AFI Insurance
2609 Pebblebrook Lane, Rolling Meadows, IL 60008
Concklin Insurance Agency Inc.
240 South Westmore-Meyers Road, Lombard, IL 60148
Service Insurance Agency
1111 Plaza Dr, Schaumburg, IL 60173
Innovative Insurance Solutions
953 North Plum Grove Road, Schaumburg, IL 60173
Magnum Insurance
153 North Neltnor Boulevard, West Chicago, IL 60185
Allegiance Insurance Services
12141 West 159th Street, Homer Glen, IL 60491
thenolanagency.com
911 South Main Street, Lombard, IL 60148
armandop.com
14 North York Road, Bensenville, IL 60106
DSP Insurance Services
1900 East Golf Road, Schaumburg, IL 60173

FAQs

  • Introduction

    Homeowners' insurance is a type of property insurance used by private property owners to protect their home and property from a range of risks and liabilities. It is also called home insurance.

    All homeowners' insurance policies cover the primary home on a property, meaning that most damage from weather, accidents, vandalism, and other events will be at least partially paid for by the insurance company. Many policies also include coverage for other structures, personal property, and some premises liability.

    It is not required by law that a homeowner purchases insurance for their property. However, if you have a mortgage, the lender will usually make purchasing a homeowners' policy a mandatory part of the loan process. Since the mortgage lender is essentially selling you the home, they require you to protect the investment.
  • How much does homeowners’ insurance cost in Schaumburg?

    The average yearly homeowners’ insurance premium in Schaumburg is $1,250. It is higher than the average yearly premium of $1,033 in Illinois. It also exceeds the $1,173 national average annual premium. The most effective approach to ensuring you secure the optimal rate for your home insurance is by evaluating quotes from various insurance firms and ensuring you are capitalizing on all available discounts.

  • Can you limit your homeowners' insurance coverage to less than the replacement cost of your high-value Schaumburg home?

    Yes, you can set a limit for your homeowners' insurance coverage that is lower than the replacement value of your expensive house in Schaumburg. However, adopting this approach increases the possibility of assuming partial responsibility for repairs following a hurricane or tornado. Remember that while you can set a coverage limit, you should aim to strike a balance between adequate coverage and affordability.2

  • What happens if Schaumburg homeowners fail to present evidence of their property's homeowners' insurance coverage?

    Mortgage lenders have the option to acquire homeowners' insurance on behalf of Schaumburg homeowners and include the expense within their monthly mortgage payments. This practice is referred to as force-placed insurance, and it often comes with a higher cost. The purpose of force-placed insurance is to protect the lender's interests in the event of damage to the property.

  • Does Schaumburg homeowners’ insurance cover burglaries?

    Yes. This coverage is usually part of the personal property coverage in the homeowners’ insurance policy of a resident of Schaumburg. The number of burglaries per 1,000 homes in Schaumburg stands at 1.95. Residences equipped with burglar alarms frequently meet the criteria for additional reductions on home insurance premiums.

  • Does the liability coverage in your Schaumburg homeowners insurance protect you against libel or slander claims based on social media posts?

    Yes, the liability coverage in homeowners’ insurance protects Schaumburg residents accused of libel or slander because of what they post on social media. Some policies may explicitly include coverage for personal injury, including claims related to libel or slander. An often-included addition to various homeowner policies is the personal injury endorsement, which offers coverage in case homeowners are accused of libel or slander by a third party.

  • What determines the price of homeowners insurance premium?

    The premium, or monthly cost, of your homeowners' insurance policy depends on several factors, including the value of your home and amount of coverage you choose. Your credit history and whether the property is in a higher risk area also play a role.

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