Home Insurance in Maquon, Illinois

Homes in Maquon carry a median value of $72,500 - 35% lower than the Knox County median.

The median home in Maquon was built in 1939 or earlier. About 72% of homes were built before 1960, about 18 points above Knox County's 54%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

In Maquon, the housing stock is 96% single-family homes and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

About 54% of owner-occupied homes in Maquon have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

The vacancy rate is 21%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 90% of occupied homes in Maquon are owner-occupied.

92% of homes in Maquon are primarily heated with natural gas.

What's the biggest home insurance risk near Maquon? FEMA's National Risk Index points to strong wind (Relatively High) in Knox County and Knox County had 35 active NFIP flood policies as of September 2026. See the full Knox County home insurance overview for all FEMA hazard ratings and flood coverage details.

According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Illinois carries a statewide average premium of $1,480 per year.

Key figures

Median home value$72,500
Median year built1939 or earlier
Owner-occupied share90%
Share of owner-occupied homes with a mortgage54%
Top county hazardStrong Wind (Relatively High)
Active NFIP policies in Knox County35
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Maquon, IL

Nearby towns

Sources

Data last updated: 2026-09-29