Home Insurance in Mount Prospect, IL
The average cost of homeowners insurance in Mount Prospect, Illinois is $2,107 per year in 2026. This compares to the state average of $2,150 per year.
Factors Affecting Home Insurance in Mount Prospect
Average: $260,000
medium
6% of properties
0.98 (100 = national avg)
Home Insurance Coverage Comparison
| Coverage Tier | Dwelling Coverage | Personal Property | Liability | Est. Annual Cost |
|---|---|---|---|---|
| Basic (HO-1) | $208,000 | $104,000 | $100,000 | $1,580 |
| Standard (HO-3) | $260,000 | $130,000 | $300,000 | $2,107 |
| Premium (HO-5) | $325,000 | $195,000 | $500,000 | $2,844 |
Auto Insurance in Mount Prospect, IL
The average annual cost of auto insurance in Mount Prospect is $1,813, compared to the Illinois state average of $1,850.
Auto Insurance Coverage Comparison
| Coverage Level | Liability | Collision | Comprehensive | Est. Annual Cost |
|---|---|---|---|---|
| Liability Only | State Minimum | None | None | $997 |
| Full Coverage | 100/300/100 | $500 deductible | $500 deductible | $1,813 |
| Premium | 250/500/250 | $250 deductible | $250 deductible | $2,356 |
Health Insurance in Mount Prospect, IL
The average monthly health insurance premium in Mount Prospect is $518 per month. Costs vary significantly based on plan tier, age, tobacco use, and household size.
Health Insurance Plan Tiers
| Plan Tier | Avg Monthly Premium | Typical Deductible | Out-of-Pocket Max | Best For |
|---|---|---|---|---|
| Bronze | $372 | $7,000 | $9,100 | Healthy, low usage |
| Silver | $518 | $4,500 | $9,100 | Moderate usage |
| Gold | $647 | $1,650 | $8,700 | Regular medical needs |
| Platinum | $777 | $0 | $4,500 | High usage / families |
Life Insurance & Renters Insurance in Mount Prospect
💰 Life Insurance
Life insurance rates in Illinois are based on age, health, and coverage amount. A healthy 35-year-old can expect to pay around $23/mo for a 20-year term policy with $500,000 coverage.
🏢 Renters Insurance
Renters insurance in Mount Prospect covers personal belongings, liability, and additional living expenses. The state average is $/mo. Most policies include $30K–$50K in personal property coverage.
Insurance Cost Calculator for Mount Prospect
Estimate your total annual insurance costs based on your personal profile.
Frequently Asked Questions
Compare Insurance Quotes in Mount Prospect
Get personalized quotes from top insurers in Illinois. Compare rates in minutes.
Insurance Costs in Nearby Cities
Last updated: March 2026. Data sourced from state insurance departments, NAIC, and industry averages.