In Illinois, most umbrella policy projects cost between $150 and $500 per year, with a typical price near $250. Local labour, permits and materials move the final price, so treat the range below as a planning guide.
Typical umbrella policy cost
$150 – $500
per year · typical $250
A general planning range, not a quotation.
Umbrella policy cost breakdown
- $1 million coverage$150 – $300typical $200
- $2 million coverage$200 – $400typical $300
- $5 million coverage$350 – $600typical $450
At a glance
- Typical range$150 – $500
- Unitper year
- Cities covered50
What Umbrella Insurance costs
Provides $1 million+ in liability coverage above your auto and home policies. Costs $150–$500 annually for $1M–$5M limits, depending on risk factors like driving record and property. Protects against lawsuits and major claims.
By city in Illinois
- Addison
- Alton
- Arlington Heights
- Belleville
- Berwyn
- Bolingbrook
- Buffalo Grove
- Calumet City
- Carbondale
- Carol Stream
- Carpentersville
- Champaign
- Chicago
- Cicero
- Crystal Lake
- DeKalb
- Decatur
- Des Plaines
- Downers Grove
- Elgin
- Elmhurst
- Evanston
- Glenview
- Hanover Park
- Hoffman Estates
- Joliet
- Kankakee
- Lombard
- Moline
- Mount Prospect
- Naperville
- Normal
- Oak Lawn
- Oak Park
- Orland Park
- Palatine
- Park Ridge
- Peoria
- Rock Island
- Rockford
- Romeoville
- Round Lake Beach
- Schaumburg
- Skokie
- Springfield
- Streamwood
- Tinley Park
- Urbana
- Waukegan
- Wheaton
Frequently asked questions
How much umbrella insurance do I need?
Most experts recommend $1M–$5M, depending on assets. If you have substantial savings or high-risk exposure, consider higher limits.
What affects the premium?
Coverage limit, number of vehicles, home value, driving record, and whether you have a pool, trampoline, or dog. Claims history also matters.
How can I lower the cost?
Bundle with your auto/home insurer, increase underlying liability limits, maintain a clean driving record, and ask about multi-policy discounts.