The 4 Best Ohio Homeowners Insurance Companies

Ohio residents don’t have to worry much about natural disasters, and homeowners insurance premiums in the state are low as a result. The average annual home insurance rate in Ohio is $864, according to Insurance.com, well below the national average of $1,288.

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      That being said, rates do fluctuate and really depend on the condition of your home as well as the insurer you choose. To make sure you’re receiving the right coverage at the best price, shop around and contact several companies for quotes. We’ve highlighted our picks for the best providers of Ohio homeowners insurance to help you in your search.

      For more information regarding specific Ohio policies and plans, you should also visit the Ohio Department of Insurance’s Guide to Homeowners Insurance.

      Our Top Picks for Best Homeowners Insurance in Ohio

      • Progressive
      • Nationwide
      • Allstate
      • Cincinnati Insurance

      Progressive

      Progressive has some of the lowest rates for homeowners insurance premiums in Ohio, as well as solid coverage options.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      AA
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore Progressive 4.2
      Discounts 3
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      A standard policy pays up to the limits you choose for any covered damage to your dwelling or personal property, protects you if you are sued for liability, covers medical expenses and additional living expenses in the event your home is not habitable after a loss. The company also has an A+ score for its financial strength from A.M. Best.

      Progressive offers a large selection of optional add-on coverages, too, so you can tailor your policy to meet the needs of your home and budget. Its Guaranteed Replacement Cost coverage ensures comprehensive protection in case of a loss. Plus, its Inflation Guard Endorsement automatically adjusts your home insurance limits so they are at 80 percent or more of your home’s replacement cost. You can cover specific valuables that are not typically included in a standard policy with a personal property endorsement from Progressive, and you can hedge against identity theft and credit card fraud by increasing coverage for resulting expenses.

      Like most other providers, Progressive offers discount options for policy bundling, with for example auto insurance, and installing protective devices like burglar alarms. However, Progressive misses a few other common discounts, like those for new or recently renovated homes and for remaining claim-free. Although Progressive has low rates, you should consider looking elsewhere if you think you would qualify for these price breaks and compare final quotes before making your decision.

      Nationwide

      Nationwide is a popular homeowners insurance option in Ohio because the company offers consistently affordable, reliable coverage.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      AA+
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore Nationwide 4.2
      Discounts 3
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      A standard Nationwide homeowners insurance policy protects against most damage to your dwelling or additional structures on your property, as well as to your personal belongings. Add-on coverage choices include Nationwide’s Brand New Belongings option, which allows you to replace damaged or destroyed items with brand-new replacements at no additional cost to you.

      Nationwide also offers ordinance and law coverage, which lets you update your home after it’s been damaged so that it meets current safety codes.

      Nationwide offers an array of discounts. You can save up to 30 percent based on the age of your home, 20 percent for bundling policies, 15 percent for installing protective devices, 15 percent for being over the age of 60, 5 percent for being married, and more. If you choose Nationwide as your Ohio homeowners insurance provider, make sure to take advantage of its free On Your Side review with an agent. You can learn how to manage your deductible, understand the specifics of your policy and select the optimal level of coverage without overinsuring or overpaying.

      Allstate

      Allstate has a wide range of coverage options, numerous discounts to make your policy more affordable and exceptional online resources and tools.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      AA-
      SimpleScore
      4.4 / 5.0
      close
      SimpleScore Allstate 4.4
      Discounts 4
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      Regardless of the type of home you live in, be it a ranch, a condo, or even an older home, Allstate offers standard coverage options to protect your dwelling.

      Allstate also offers add-on coverage to protect and recover the things that matter most to you, whether it’s expensive sports equipment, business property, musical instruments or electronic data. Allstate provides customized coverage options, too. You can customize your insurance to include things like water backup damage and identity theft.

      Allstate offers numerous discounts ranging from those that are relatively standard, such as 30 percent for multi-policy bundling and 20 percent for going claims free, to those that are more unusual, such as a 10 percent welcome discount and 5 percent for setting up automatic payments.

      Where Allstate truly has an edge over its competitors, however, is in its online resources and tools. Allstate’s Premium Gauge tool, for example, allows you to see how various factors, like the age of your home or installing a protective device, would affect your premium rate. The Digital Locker lets you keep a protected running inventory of all your items and their worth. You can access this locker from any synced device and use it to recover quickly and efficiently after a loss. Allstate offers educational articles, videos and tips that can help you make important decisions as a homeowner.

      Cincinnati Insurance

      The Cincinnati Insurance Co. was formed by four independent insurance agents in 1950, with a dedication to providing quality coverage to Ohio communities.

      J.D. Power Rating
      N/A
      AM Best Rating
      A+
      Standard & Poor’s
      A+
      SimpleScore
      3 / 5.0
      close
      SimpleScore Cincinnati Insurance 3
      Discounts 2
      Coverage Options 3
      Customer Satisfaction N/A
      Support 3
      Accessibility 4

      The company has since expanded and now serves 39 states, but the mission remains the same. Cincinnati offers personalized homeowners insurance at an affordable price, it’s backed by an A++ (superior) financial stability score from A.M. Best, and it is consistently well-rated for customer satisfaction by J.D. Power.

      Cincinnati Insurance offers two types of standard homeowners policies: Executive and Executive Classic. The Executive Policy covers your dwelling and other structures, personal property, legal liability, and it provides additional living expenses if your home is not habitable after a loss. This policy is easily customizable with add-on coverage, such as protection for your home business, to fit the needs of your home.

      The Executive Classic policy covers high-value homes and provides the same benefits as the Executive Policy, but with a few added perks. The Executive Classic covers the cost of a professional survey of your home for reconstruction, the full cost of rebuilding your home with similar materials after a covered loss, as well as the full repair of your items and payment for purchasing replacement items.

      Cincinnati Insurance offers additional coverage options like Professional Liability and Residential Business. Professional Liability covers you for legal liability due to any injury caused by your professional services. If you work from home, the residential business coverage is a good addition to consider, as it will cover your business property up to a certain limit.

      Although Cincinnati offers standard discounts like those for multiple policy bundling, new homes, claims-free history and home alarm installation, the company has fewer discount options than some of its larger competitors. Strong financial ratings, high-quality customer service and affordable prices, however, make Cincinnati a solid option for your Ohio homeowners insurance policy.

      Find the Best Home Insurance in Ohio

      Save money on home insurance with our simple comparison tool.

      Matching you with providers.
      We found results in
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        How much is homeowners insurance in Ohio?

        Ohio sits at a low $864 compared with the national average of $1,228. With the exception of flooding, Ohio isn’t prone to some of the hazards and natural disasters that hit other states. As a result, homeowners insurance is, overall, quite low. Still, how cheap is your home insurance does depend on what city you’re in and other factors, which are listed below.

        Ohio Rate Factors

        Ohio sits comfortably away from coastlines and active faults, so it isn’t prone to earthquakes or hurricanes. Dayton and Akron, Ohio, for example, suffer from few natural disasters, making homeowners insurance in those cities much lower than the national average. However, some areas do suffer from the occasional flood, ice storm or snowstorm.

        Methodology

        SimpleScore

        The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.
        For every review, our editorial team:

        • Identifies five measurable aspects to compare across each brand
        • Determines the rating criteria for each aspect score
        • Averages the five aspect scores to produce a single SimpleScore

        Here’s a breakdown of the five aspect scores and their rating criteria for our reviews on home insurance.

        Why do some brands have different SimpleScores on different pages?

        To ensure the SimpleScore is as helpful and accurate as possible, we developed unique criteria for every category we compare at The Simple Dollar. Since most brands offer a variety of financial solutions, their products and services will score differently depending on what we’re scoring on a given page.

        However, it’s also possible for the same product from the same brand to have multiple SimpleScores. For instance, if we compare State Farm’s home insurance according to our criteria for the best home insurance, it scores a 3.8 out of 5. But when we compare State Farm according to the criteria for the best auto insurance, it scores higher, since the features the company offers can vary by the type of insurance.

        Discounts

        We looked at the number of discounts each company offers – more discounts mean a higher score.

        Coverage Options

        We awarded higher scores to the companies that offer more coverage options.

        Support

        We awarded higher scores to companies with the most channels for customer support.

        Customer Satisfaction

        We leveraged the J.D. Power 2019 Home Insurance Satisfaction Study℠ to see how customers rated their experience with each company. (If a company wasn’t included in J.D. Power’s study, we skipped this aspect and averaged the four remaining aspect scores.)

        Accessibility

        We looked at the level of accessibility of each company – the more resources they have the higher their score