Home Insurance in Albany, Illinois
Homes in Albany carry a median value of $148,800 - 17% higher than the Whiteside County median.
The typical home in Albany was built around 1972. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 30% of homes were built before 1960, about 19 points below Whiteside County's 48%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Albany is 81% single-family homes and 17% mobile or manufactured homes.
49% of owner-occupied homes in Albany carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 11%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 89% of occupied homes in Albany are owner-occupied.
In Albany, 89% of homes are primarily heated with natural gas.
Whiteside County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Whiteside County had 183 active NFIP flood policies as of September 2026. See the full Whiteside 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 | $148,800 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 89% |
| Share of owner-occupied homes with a mortgage | 49% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Whiteside County | 183 |
| 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)