Chicago IL Insurance Information

Chicago Insurance

Chicago, IL is the third largest city in the United States and the largest city in the state of Illinois.  It has an estimated population of 2.8 million.  It is located along the southwestern shores of Lake Michigan.  Chicago is a major hub for industry and infrastructure with its O’Hare Airport being the second busiest airport in the world.  Chicago is home to many influential politicians including President Barack Obama.  In 2007, Chicago attracted 44.2 million visitors.

Health Care & Chicago IL Health Insurance

Chicago is home to the Illinois Medical District which includes Rush University Medical Center, the University of Illinois Medical Center at Chicago, and John H. Stroger Jr. Hospital of Cook County.  The University of Illinois College of Medicine at UIC is the largest medical school in the United States.

According to the Environment Protection Agency (EPA), the air quality is not very good in Chicago, IL.  It has a score of 1 on a scale of 100 (higher being better).  The water quality is 31 on a scale of 100 (USA average is 55).  There are 332 physicians per capita in Chicago, IL, which is much higher than the USA average of 169.7.  For more information on Chicago IL Health Insurance, please contact our office, or fill out a free health insurance quote online.

Factors that influence Chicago IL Auto Insurance Rates

One of the variables that affect your insurance rates is the geographic area that you live and drive in.

In Chicago, IL, there were 158 fatal accidents in 2007.  60 of these accidents involved a drunk driver.  Chicago, IL falls below the Illinois State average of fatal accidents per 100,000 population.

Chicago, IL residents drive their cars frequently.  A majority of residents drive alone to work (50%), 15% carpool, 26% take public transit, and 2% work from home.  The average commute time to work is 39 minutes (USA average = 25.1 minutes).

In Chicago, IL, 28.8% of households do not own a car.  43.5% own 1 car, 21.4% own 2 cars, and 6.3% own 3 cars or more.

To find out exactly what you would have to pay for auto insurance in Chicago, IL, please fill out one of our free online auto insurance quote forms.

Do you Need Renters Insurance in Chicago, IL?

In Chicago, IL, 56% of residents are renters.  It is very important to make sure your contents are covered if you are a renter. It is very inexpensive coverage.  The median rent paid in Chicago is $721/month.

To find out how you can get renters insurance coverage, please fill out one of our free online renters insurance quote forms.

Factors that affect Chicago, IL Home Insurance costs

Frequently, weather of a particular region affects home insurance costs.  For example, homes near the ocean are priced higher due to higher changes of floods.  Similarly, areas with more temperate weather conditions are not exposed to those risks and may have more affordable home insurance rates.  Illinois currently ranks 30 out of all states for the highest home insurance rates (1 being the highest).

Chicago lies within the humid continental climate zone and experiences 4 distinct seasons.  Summers are warm and humid and winters are cold, snowy and windy.  Chicago has experienced disastrous events.

In 1871, the Great Fire destroyed the entire central business district and left one third of the city’s people homeless.

Chicago gets an average of 34 inches of rain each year, which is close to the US average of 37.  This means residents may not be as prone to issues like flooding when compared to other areas.  Chicago also gets 25 inches of snowfall a year which is exactly the same as the US average.  There are 189 sunny days in Chicago per year and in July, the temperature usually reaches a high of 82 degrees.  The low in January is 20 degrees.

Another factor affecting home insurance rates is the value of the home that you are insuring.  In Chicago, IL, the median home value is $286,800.  This is significantly higher than the US average of $181,800.

To find out how much it would cost to insure your home, fill out one of our free online home insurance quote forms.

Chicago IL Insurance
, IL 60601