HomeInsuranceQts

Home Insurance in Bement, Illinois

Homes in Bement carry a median value of $99,300 - 45% lower than the Piatt County median.

Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Bement was built around 1962. About 48% of homes were built before 1960, about 15 points above Piatt County's 33%.

Housing in Bement breaks down to 90% single-family homes, 1% apartments in buildings with 5+ units and 1% mobile or manufactured homes.

57% of owner-occupied homes in Bement carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

Bement has an owner-occupancy rate of 81% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.

In Bement, 90% of homes are primarily heated with natural gas.

FEMA rates Piatt County's overall risk as Very Low, led by earthquake (Relatively Low). Piatt County had 33 active NFIP flood policies as of September 2026. See the full Piatt County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.

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$99,300
Median year built1962
Owner-occupied share81%
Share of owner-occupied homes with a mortgage57%
Top county hazardEarthquake (Relatively Low)
Active NFIP policies in Piatt County33
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Bement, IL

Nearby towns

Sources

Data last updated: 2026-09-29