Our choice for the best homeowner insurance in Ohio combines affordability with thorough and unique coverage that provides the protection your family needs. Allstate, Farmers, State Farm and Westfield top our list of the cheapest home insurance plans in Ohio. We've put together some of our top tips for the best homeowner insurance in Ohio to help you make smart decisions and save time on your next adventure through the Buckeye State.
For each of the five companies we selected, we collected data on the cost of homeowner insurance in Ohio, as well as other factors such as coverage, deductibles, and coverage options.
The cheapest home insurance in Ohio, however, may be different from your usual policy for the average homeowner. The average cost of homeowner insurance in Ohio is $1,500 a year, about $2,000 more than the national average. That's compared to the average $750 a year you get from your average insurance company in the US, according to the National Association of Realtors. These numbers vary by zip code, but premiums in Cleveland are much cheaper than the nation's average and also significantly cheaper.
Nationwide offers a generous multi-policy discount if you bundle your home insurance policy with car insurance or other types of property insurance. For each claim you submit, you will receive a $98.26 discount, with homeowners with one claim requesting an additional 66% of the home and homeowners with two claims paying an additional $66. If you are thinking of taking out homeowner insurance to buy a different type of policy, you should consider American Family Insurance.
The cost of insurance depends on your specific policy and the rate is given to you for the amount of cover you purchase, depending on the factors used by your insurance company to determine the appropriate cost. Your actual home insurance costs determine what you expect when you buy home insurance in Ohio. Depending on the type of policy you buy, the number of damages and other factors, and the insurance coverage of your home, it may be more or less.
Homeowners in Ohio who want to save on their premiums should consider the insurance companies that offer the cheapest homeowner insurance in Ohio. Premiums are based on a number of factors, including the amount of coverage, the number of damages and coverage of your home, and other factors. We can help you to create a list of companies that offer a wide range of discounts.
Forget the best rates for homeowner insurance, choose an independent broker who has the freedom to buy deals from a number of companies. Compare the average home rates in Ohio and you can see a list of companies with the lowest premiums in Columbus to find good homeowner insurance for you.
In the table above, you can sort homeowner insurance by the highest and lowest average home insurance premiums sold by Clearsurance in Ohio. Note: The best Ohio homeowner insurance rankings are displayed in the bottom right corner of the chart, not in the top left corner.
You will find that most home insurance policies offer common deductibles, but you will also find a variety of standard coverage options for different types of damage, as well as the usual deductibles offered by most home insurance policies. The following quotes describe the different homeowner insurance policies and we have used our rate analysis at Insurance e.comto show you what we know about the various components of each policy you are insured for.
For the average home rate in Ohio, see Ohio Home Insurance Rate Report and Cleveland Insurance Rates Report. Allstate offers an average of $2,000 a month for an annual policy of $1,500, while the Cincinnati Insurance Company offers a median price of about $3,300 a year for the same amount of insurance.
Allstate also has the second-highest home insurance rate in Ohio, behind the Cincinnati Insurance Company. Of the most expensive postcodes in Cleveland, 44,115 tops the list, with an average home price of $2,500 for an annual policy.
Ohio is not one of the most expensive states for insurance, but it is below the national average. As you can see in the table below, all states except Ohio have average homeowner insurance premiums, but none is as cheap as Ohio. That puts Ohio 43rd on the list of states with the highest per capita home insurance costs, according to the Insurance Institute of America.
The exact cost of insurance will depend on a few different factors, but Ohio is one of the cheapest states to buy home insurance. Rates in Ohio are relatively low compared to the national average, and your insurance costs depend on the city you live in.
When choosing homeowner insurance, Ohio homeowners want to look far beyond the cost of coverage. When looking for the best Ohio homeowner insurance, consider the various environmental factors that can damage your home, such as the weather, the type of property, and the size of your property.