Home Insurance in South Beloit, Illinois
The median home value in South Beloit is $173,000, 5% higher than the Winnebago County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in South Beloit was built around 1991. About 23% of homes were built before 1960, about 12 points below Winnebago County's 35%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in South Beloit is 75% single-family homes, 15% apartments in buildings with 5+ units and 7% mobile or manufactured homes.
In South Beloit, about 60% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 69% of occupied homes in South Beloit are owner-occupied.
79% of homes in South Beloit are primarily heated with natural gas.
Winnebago County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Winnebago County had 617 active NFIP flood policies as of September 2026. See the full Winnebago 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 | $173,000 |
|---|---|
| Median year built | 1991 |
| Owner-occupied share | 69% |
| Share of owner-occupied homes with a mortgage | 60% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Winnebago County | 617 |
| 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)