The top-rated landlord insurance agent in Chicago, Illinois is Kin Insurance, rated 4.7 stars across 8,618 reviews. Other highly rated options include Obie, Acceptance Insurance, Loc Vo - State Farm Insurance Agent. This directory lists 36 landlord insurance agents serving Chicago.
Comparison
| # | Name | Address | Phone |
|---|---|---|---|
| 1 | Kin Insurance | Kin Insurance Headquarters, 222 W Merchandise Mart Plaza Suite 910 | — |
| 2 | Obie | 167 N Green St Ste. 1001 | (773) 820-7132 |
| 3 | Acceptance Insurance | 5610 W Madison St | (773) 377-7077 |
| 4 | Loc Vo - State Farm Insurance Agent | 1610 W Grand Ave | (312) 829-0606 |
| 5 | Enora Insurance Agency | 6733 W 63rd St | (773) 257-7556 |
| 6 | Clover Insurance Agency | 7535 N Western Ave | (773) 973-3700 |
| 7 | Lakeview Insurance Agency | 3714 N Southport Ave | (773) 871-8000 |
| 8 | Chicago Insurance Professionals | 205 N Michigan Ave Suit 810 | (773) 857-0101 |
| 9 | Rose Insurance Group | 205 N Michigan Ave Suit 810 | (773) 500-2727 |
| 10 | Ward & Co Insurance | 1525 N Elston Ave Floor 6 | (312) 254-1500 |
Obie serves the Chicago, Illinois area and its surrounding communities, specializing in insurance solutions for landlords. The company handles policies that protect residential and commercial rental properties, addressing risks related to property damage, liability, and lost rental income. Obie typically assesses each property’s unique exposure to local weather and tenant-related incidents, then customizes a standard policy to meet the landlord’s specific coverage needs during the initial quoting process.
Loc Vo - State Farm Insurance Agent provides residential landlord insurance services in Chicago, Illinois, along with commercial property coverage for local rental owners. The agency assists landlords in protecting their investments within the greater Chicago area, addressing risks common to both single-family and multi-unit properties. After an initial policy is established, the agent is available for follow-up discussions regarding coverage adjustments or addressing new tenant situations between regular policy review visits.
Enora Insurance Agency in Chicago, Illinois, is known for providing tailored insurance solutions for residential rental property owners. The firm serves local landlords seeking to protect their investment properties from common financial risks. Its service range includes coverage for property damage, liability claims, and loss of rental income. Enora can also assist with policies that address damage caused by tenant neglect. A specialty service it can add on is insurance for short-term vacation rental properties.
Clover Insurance Agency serves Chicago, Illinois, focusing on landlord insurance needs. The company assists property owners with coverage for rental dwellings, including single-family homes and multi-unit buildings. It helps landlords protect their investments against common risks such as property damage and liability claims. Policies often address loss of rental income and structural repairs. Clients can obtain tailored insurance for residential rental properties and guidance on policy limits suitable for Chicago’s housing market.
Lakeview Insurance Agency provides a range of landlord insurance services in Chicago, Illinois. The company offers standard property protection plans tailored for rental property owners. Its service model focuses on addressing common liability and property damage exposures associated with leasing income-generating real estate. Property maintenance plans are also available to help mitigate long-term structural risks. The agency works to align coverage with specific property types, including single-family homes, apartments, retail spaces, and restaurants.
Chicago Insurance Professionals assists property owners in Chicago, Illinois, with landlord insurance. The key difference between a standard policy and one tailored for rentals is the coverage for income loss and tenant damage, a distinction central to their work. They provide protection for multi-family and single-unit rental properties against common risks such as fire, liability, and vandalism. Their landlord insurance services are available on a one-time policy purchase or on a scheduled renewal basis to match ongoing leasing needs.
Rose Insurance Group specializes in customizing landlord insurance policies that protect residential rental properties in Chicago from structural damage and liability claims. It also provides guidance on navigating local leasing regulations and risk management for both single-family homes and small multifamily buildings. As Chicago faces freezing winters and lake-effect snow, the company helps property owners address coverage gaps related to burst pipes and ice dam damage that frequently arise during severe cold snaps.
Ward & Co Insurance serves Chicago, Illinois, and the surrounding suburban communities, handling comprehensive landlord insurance policies for property owners. It covers risks such as property damage, liability protection, and rental income loss for residential and commercial landlords. The company assesses each property’s unique exposures and occupancy type to tailor coverage limits. This approach ensures adequate protection against common rental claims, from fire and water damage to tenant-related legal liabilities, by implementing a thorough, individualized evaluation of the client’s portfolio and risk profile.
What Does a a Landlord Insurance Agent in Chicago Cost?
The cost of landlord insurance in Illinois typically ranges from 15 to 30 percent more than standard homeowners insurance. For a single-family rental in Chicago, annual premiums often fall between 800 and 1,500 dollars, depending on property value, location, and coverage limits. Multi-unit buildings may cost 2,000 to 5,000 dollars or more per year. These rates vary based on factors like building age, claims history, and liability limits. This is general information and not insurance advice.
About landlord insurance agents in Chicago
A landlord insurance agent in Chicago helps property owners secure coverage for rental homes and apartment buildings. Illinois law requires landlords to maintain certain liability protections, and a local agent understands city ordinances like the Chicago Residential Landlord and Tenant Ordinance. Working with an agent ensures your policy meets both state requirements and your specific property needs.
Frequently Asked Questions
What does a landlord insurance agent in Chicago do?
A landlord insurance agent helps you find a policy that covers property damage, liability, and loss of rental income. They review your rental properties in Chicago and recommend coverage limits that comply with Illinois insurance regulations. Agents also assist with claims and policy adjustments as your portfolio grows.
Is landlord insurance required by law in Illinois?
Illinois does not legally require landlord insurance, but most mortgage lenders mandate it for rental properties. The Chicago Residential Landlord and Tenant Ordinance also implies that landlords maintain adequate insurance to protect tenant security deposits and property. Without coverage, you risk personal financial loss from lawsuits or property damage.
How do I choose a landlord insurance agent in Chicago?
Look for an agent licensed in Illinois who specializes in rental property coverage. Ask about their experience with multi-unit buildings and vacant property policies, which are common in Chicago. Verify they work with multiple carriers to compare quotes and find suitable terms for your specific situation.
Landlord Insurance Agents in Other Illinois Cities
Addison · Algonquin · Arlington Heights · Aurora · Bartlett · Batavia · Belleville · Berwyn · Bloomington · Bolingbrook · Buffalo Grove · Calumet City · Carol Stream · Champaign · Chicago Heights