Home Insurance in Elizabeth, Illinois
Homes in Elizabeth carry a median value of $135,900 - 35% lower than the Jo Daviess County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Elizabeth was built around 1948. About 60% of homes were built before 1960, about 24 points above Jo Daviess County's 35%.
In Elizabeth, the housing stock is 76% single-family homes and 20% apartments in buildings with 5+ units.
About 51% of owner-occupied homes in Elizabeth have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 11%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 68% of occupied homes in Elizabeth are owner-occupied.
In Elizabeth, 75% of homes are primarily heated with natural gas.
FEMA rates Jo Daviess County's overall risk as Relatively Low, led by hail (Relatively Moderate). Jo Daviess County had 52 active NFIP flood policies as of September 2026. See the full Jo Daviess 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 | $135,900 |
|---|---|
| Median year built | 1948 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 51% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Jo Daviess County | 52 |
| 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)