Home Insurance in Rolling Meadows, Illinois
Homes in Rolling Meadows carry a median value of $326,200 - close to the Cook County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Rolling Meadows was built around 1973. About 29% of homes were built before 1960, about 19 points below Cook County's 49%.
The housing stock in Rolling Meadows is 62% single-family homes, 32% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
65% of owner-occupied homes in Rolling Meadows carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Rolling Meadows has an owner-occupancy rate of 72% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
In Rolling Meadows, 79% of homes are primarily heated with natural gas.
Cook County's top FEMA-rated hazard is winter weather (Very High), per FEMA's National Risk Index. Cook County had 11,554 active NFIP flood policies as of September 2026. See the full Cook County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).
Key figures
| Median home value | $326,200 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Cook County | 11,554 |
| Home insurance premium | $1,480 - statewide average (NAIC, 2023 data) |
Nearby towns
- Arlington Heights
- Schaumburg
- Mount Prospect
- Inverness
- Elk Grove Village
- Prospect Heights
- Wheeling
- Itasca
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)