Home Insurance in Hainesville, Illinois

With a median home value of $210,500, Hainesville is 39% lower than the Lake County median.

The typical home in Hainesville was built around 1997. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 4% of homes were built before 1960, about 17 points below Lake County's 21%.

Housing in Hainesville breaks down to 95% single-family homes and 3% apartments in buildings with 5+ units.

In Hainesville, about 76% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Hainesville has an owner-occupancy rate of 89% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.

90% of homes in Hainesville are primarily heated with natural gas.

Lake County's top FEMA-rated hazard is tornado (Very High), per FEMA's National Risk Index. Lake County had 2,078 active NFIP flood policies as of September 2026. See the full Lake 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$210,500
Median year built1997
Owner-occupied share89%
Share of owner-occupied homes with a mortgage76%
Top county hazardTornado (Very High)
Active NFIP policies in Lake County2,078
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Hainesville, IL

Nearby towns

Sources

Data last updated: 2026-09-29