Home Insurance in Timberlane, Illinois
With a median home value of $351,000, Timberlane is 62% higher than the Boone County median.
The typical home in Timberlane was built around 2003. About 2% of homes were built before 1960, about 24 points below Boone County's 25%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Timberlane breaks down to 100% single-family homes.
In Timberlane, about 78% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 99% of occupied homes in Timberlane are owner-occupied.
In Timberlane, 93% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Timberlane? FEMA's National Risk Index points to hail (Relatively Moderate) in Boone County and Boone County had 63 active NFIP flood policies as of September 2026. See the full Boone County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Illinois is $1,480 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $351,000 |
|---|---|
| Median year built | 2003 |
| Owner-occupied share | 99% |
| Share of owner-occupied homes with a mortgage | 78% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Boone County | 63 |
| Home insurance premium | $1,480 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)