Homeowners Insurance in Champaign, IL

For a home at Champaign's median value of $210,900, we estimate about $1,205 a year — −19% versus the Illinois NAIC average of $1,480.

These are estimates, not quotes. Home figures are modeled from NAIC state averages, Census home values and FEMA hazard ratings for comparison only. We are not an insurance company or agency. How we estimate

Estimated homeowners insurance cost in Champaign

Est. premium

$1,205

$100/mo · median home

Median home value

$210,900

Illinois: $263,300

Median year built

1985

Census ACS

Owner-occupied

43.8%

of households

Hazard score

76.6

state ref. 81.0

Champaign's estimate reflects its home values (20% lower than the state median) and FEMA's hazard profile for Champaign County.

Natural hazard risk in Champaign

FEMA National Risk Index — Champaign County
Hazard	Risk rating	Score (0–100)	Insurance impact
Hail	Relatively Moderate	90.4	Comprehensive (car); roof claims (home)
Tornado	Relatively High	94.9	Comprehensive; dwelling
Hurricane	Very Low	48.9	Comprehensive; wind/hurricane deductibles (home)
Inland (river) flooding	Relatively Moderate	90.4	Comprehensive; home needs a separate flood policy
Coastal flooding	Not rated	—	Comprehensive; home needs a separate flood policy
Strong wind	Relatively High	84.4	Comprehensive; dwelling
Winter weather	Relatively High	95.4	Collision (icy roads); frozen pipes (home)
Wildfire	Very Low	16.2	Comprehensive; dwelling
Earthquake	Relatively Low	89.5	Home needs a separate earthquake policy
Lightning	Relatively Moderate	79.4	Fire and electrical damage

Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).

Estimated premium by home value in Champaign

Dwelling value	Wood frame	Brick / masonry
$200,000	$1,155	$1,065
$300,000	$1,600	$1,470
$500,000	$2,405	$2,215
$750,000	$3,330	$3,060

Home Insurance Estimator

Estimated annual premium

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Per month

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Homeowners insurance by ZIP code in Champaign

ZIP	Median home value	Owner-occupied	Est. premium
61820	$184,500	19.6%	$1,085
61821	$181,800	61.0%	$1,070
61822	$287,000	68.8%	$1,545

Homeowners insurance in Illinois · Car insurance in Champaign · Insurance offices near Champaign

Frequently asked questions

How much is homeowners insurance in Champaign?

For a home at Champaign's median value of $210,900, we estimate about $1,205 a year for a standard HO-3 policy with a $1,000 deductible. The Illinois NAIC average is $1,480.

What are the biggest natural hazards in Champaign?

FEMA's National Risk Index rates Champaign County relatively high or very high for tornado, strong wind, and winter weather.

Does the age of homes in Champaign affect insurance?

Yes. The median home in Champaign was built in 1985 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.

How we estimate this

We start from the NAIC average homeowners (HO-3) premium for Illinois, scale it by the ratio of the dwelling value to the state median home value, adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for Champaign County relative to the state. Results are rounded estimates, not quotes. Read the full methodology.

Sources used on this page