Home Insurance in East Gillespie, Illinois
With a median home value of $135,400, East Gillespie is close to the Macoupin County median.
The typical home in East Gillespie was built around 1972. About 44% of homes were built before 1960, in line with Macoupin County (45%). Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in East Gillespie is 95% single-family homes, 1% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 43% of owner-occupied homes in East Gillespie have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
East Gillespie has an owner-occupancy rate of 86% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
72% of homes in East Gillespie are primarily heated with natural gas.
FEMA rates Macoupin County's overall risk as Relatively Low, led by earthquake (Relatively Moderate). Macoupin County had 12 active NFIP flood policies as of September 2026. See the full Macoupin 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 | $135,400 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 86% |
| Share of owner-occupied homes with a mortgage | 43% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Macoupin County | 12 |
| 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)