Construction. The materials used can
impact rate. By way of example, wood is more easily destroyed inside a
fire than masonry and therefore a wood home could cost more to insure.
Location. Within Illinois, rates
definitely will differ. So Chicago homeowners definitely will pay some
other rate than home-owners in Peoria or Springfield. Furthermore,
within Chicago rates definitely will differ by region. So someone coping
with Oak Park may pay some other rate than someone living in
Lincolnwood or Central Chicago. That is typically mainly because that
you have differing loss histories for different regions determined by
crime, natural disasters and local building costs. Thus a home in a high
crime area might be rated higher than your house in a neighborhood with
little crime.
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