Home Insurance in North Barrington, Illinois
With a median home value of $765,900, North Barrington is 122% higher than the Lake County median.
The typical home in North Barrington was built around 1983. About 20% of homes were built before 1960, about 1 point below Lake County's 21%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in North Barrington is 99% single-family homes and 1% apartments in buildings with 5+ units.
In North Barrington, about 68% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
North Barrington has an owner-occupancy rate of 98% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
95% of homes in North Barrington are primarily heated with natural gas.
What's the biggest home insurance risk near North Barrington? FEMA's National Risk Index points to tornado (Very High) in Lake County and 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 | $765,900 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 98% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Lake County | 2,078 |
| 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)