Home Insurance in Elliott, Illinois
The median home value in Elliott is $83,800, 31% lower than the Ford County median.
The typical home in Elliott was built around 1949. About 70% of homes were built before 1960, about 12 points above Ford County's 57%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Elliott, the housing stock is 99% single-family homes.
About 50% of owner-occupied homes in Elliott have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 85% of occupied homes in Elliott are owner-occupied.
Most homes in Elliott - 86% - are primarily heated with natural gas.
Ford County's top FEMA-rated hazard is earthquake (Relatively Low), per FEMA's National Risk Index. Ford County had 7 active NFIP flood policies as of September 2026. See the full Ford County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
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 | $83,800 |
|---|---|
| Median year built | 1949 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Ford County | 7 |
| 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)