The Best Ohio Homeowners Insurance Companies

There are many responsibilities that go along with owning a home, and home insurance is one of the biggest and most important. The state of Ohio requires you to purchase a minimum amount of coverage to protect your home from natural hazards and accidents that can create damage. Insurance can also get expensive, which is why it is always important to find the best and most affordable coverage for your homeowners policy.

Find the Best Home Insurance in Ohio

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    America’s top-rated home insurance

    • Policies starting at just $25/month
    • Sign up in seconds, claims paid in minutes
    • Zero hassle, zero paperwork

    At The Simple Dollar, we use our SimpleScore methodology to regularly review thousands of authentic customer reviews, as well as leading industry ratings and analysis, to find the best homeowners insurance in Ohio for your family. These are our top picks for the best insurance companies.

    In this article

      The 6 best home insurance companies in Ohio

      Cheapest coverage – Cincinnati Insurance

      Cincinnati Insurance Company is a great option if you own a high-end residence since it specializes in properties valued over $300K.

      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

      As a local provider, Cincinnati Insurance Companies is a division of Cincinnati Financial and based right in Ohio. Home insurance is just one of the many insurance products that the company offers, and it has carved out its own niche in catering to more unique and high-end properties. Still, it offers excellent customer service, earning high ratings by J.D. Power and the NAIC. Standard coverage includes all of the basics with the Executive Homeowner, but you also have the option to upgrade to expanded coverage through the Executive Classic and Executive Capstone policies.

      Best coverage options – Erie Insurance

      If you’re big on online access, this may not be the company for you because it does not offer any online applications or claims — instead requiring you to contact an agent directly.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      AA
      SimpleScore
      3 / 5.0
      close
      SimpleScore Erie Insurance 3
      Discounts 2
      Coverage Options 4
      Customer Satisfaction 3
      Support 3
      Accessibility 3

      Erie may not be as well-known as some of the other insurance providers, but it still holds some of the industry’s best ratings, including perfect scores from J.D. Power for customer satisfaction and top ratings for financial stability. Maybe that’s because policies Include things like guaranteed replacement cost and even identity theft and water damage if you so choose.

      Best accessibility – American Family

      Don’t forget about the little extras from American Family, like water backup, equipment breakdown and siding protection coverage.

      J.D. Power Rating
      3/5
      AM Best Rating
      A
      Standard & Poor’s
      A
      SimpleScore
      4 / 5.0
      close
      SimpleScore American Family 4
      Discounts 4
      Coverage Options 5
      Customer Satisfaction 3
      Support 4
      Accessibility 4

      While Erie offers plenty of options for coverage, American Family gives you even more options to save. There are many ways you can qualify for an additional discount on your home insurance with American Family, such as having a smart home or even having parents or grandparents with existing policies. Coverage is also thorough, including all of the basics like dwelling, other structures, personal property and loss of use. Even better, American Family offers a 24/7 Claims Center that’s available to you anytime you need help with online and mobile resources.

      Best in-person support – Grange Insurance

      Forget about online accessibility, because here, you will be required to work with an agent on all facets of your policy.

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

      Based in Columbus, Ohio, Grange specializes in oft-forgotten coverage, like underground service line repairs, home cyber protection and assisted living care coverage. If you’re a business owner, you can also bundle with commercial or business liability insurance. Customer service can be hit or miss, as it all depends on the agent that you choose, but there is something to be said for the amount of thought and creativity that goes into these insurance options.

      Best for a claims-free history – Nationwide

      Home insurance is made more affordable by the many discounts available, but watch for expensive add-ons that can quickly inflate your policy’s price.

      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

      With Nationwide, regular protections meet additional coverage like ordinance coverage, which guarantees that your home will be rebuilt according to local code and inflation protection that keeps your policy just as affordable next year as it is today. Nationwide is widely known for its loyalty to its customers, offering special discounts and offers like its SmartRide® and On Your Side® programs. The claims process is made easier with online processing, but customer satisfaction ratings are just average for claims handling.

      Best for discounts – Farmers

      Farmers is a great pick for affordable coverage if you don’t place a ton of value on customer service.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      N/A
      SimpleScore
      3.2 / 5.0
      close
      SimpleScore Farmers 3.2
      Discounts 2
      Coverage Options 3
      Customer Satisfaction 3
      Support 4
      Accessibility 4

      Farmers covers all of the standard protections, and also offers unique forms of coverage like an eco-friendly rebuild option and jewelry and passport coverage. Declining deductibles, claims-free discounts and claim forgiveness reward good drivers, while contents replacement cost coverage covers not just the product but its actual quality, too.

      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
      Click at least 2-3 companies to find the very best rate.

        America’s top-rated home insurance

        • Policies starting at just $25/month
        • Sign up in seconds, claims paid in minutes
        • Zero hassle, zero paperwork

        How much does home insurance cost in Ohio?

        According to the Insurance Information Institute (III), the average cost of home insurance in Ohio is $862, which is pretty low when compared to the national average price of $1,211.

        Ohio is among the cheaper states to buy home insurance, but the exact cost of your insurance will depend on a few different factors. Where you live can significantly impact your risk of incident, as does the type and age of your home.

        Your belongings will also impact your insurance, depending on how much you have to insure and the value of each item. Typical home insurance includes coverage for your dwelling, personal property, liability and other structures, as well as medical payments for guests to your home.

        Every insurance company approaches home insurance differently, and as you see here, not all prices are the same.

        Ohio average full coverage home insurance cost per carrier

        Insurance CompanyOhio Full Yearly Average CostOhio Full Monthly Average CostOhio Full Weekly Average Cost
        Erie$844$70.33$17.58
        American Family$882$73.50$18.38
        Grange Mutual$900$75$18.75
        Nationwide$956$79.67$19.92
        Farmers$960$80$20
        Allstate$1,986$165.50$41.38

        The cheapest home insurance in Ohio

        To find the cheapest home insurance in Ohio, we compare data across Ohio’s many zip codes and from the country’s leading insurance providers. While the cost of your insurance will depend on your specific policy, these rates give you a good idea of what to expect when you purchase a home insurance policy in Ohio. All figures are based upon a sample policy with $300,000 dwelling coverage and liability coverage.

        RankCompanyAverage Annual Premium
        1Cincinnati Insurance Companies$615
        2Erie$844
        3American Family$882
        4Grange Mutual$900
        5Nationwide$956

        The cheapest home insurance in Ohio, by city

        Your zip code is one of the key determinants that will impact the cost of your Ohio home insurance policy. While some neighborhoods like Findlay and Lancaster can climb into the $1300s, there are many other parts of Ohio that cost below $1,000. Mentor and Westlake are the cheapest in our study, averaging $900 and $905, respectively.

        CityAvg. annual premium
        Mentor$900
        Westlake$905
        North Royalton$911
        Brunswick$923
        North Olmsted$934
        Strongsville$934
        Dublin$939

        Choosing your provider

        When choosing a home insurance provider, you will quickly find that there are two main kinds of providers: national brands and regional or local providers. There are benefits to both, so choosing the right one depends on your specific needs.

        Local carrier

        Pros

        • Better customer service with more personalized service
        • Local representatives who have personal knowledge and are experienced with the area

        Cons

        • Can be more expensive than regional brands

        National carrier

        Pros

        • A greater service area that covers more of the U.S.
        • Usually more affordable with discounts and bundles

        Cons

        • Lack of local knowledge and special coverage needs

        Things to know about home insurance in Ohio

        Insurance in Ohio is more of a simple matter than finding insurance in more high-risk states like Florida and California. Although they are rare, earthquakes are one natural hazard that can affect the area. Though generally not severe, it is a common enough occurrence that many insurance providers do offer earthquake insurance as a special kind of additional coverage.

        Hurricane and wildfire insurance coverage are not types of coverage that you need to worry about in Ohio, although winters can be long and brutal. Many homeowners tend to file claims during the winter months for a variety of reasons. Snow and ice can easily cause roof damage or collapse, and burst pipes can easily create water damage in your home that accounts for thousands of dollars. Burner blowback, natural erosion and animal damage are all other reasons why you may need protection.

        Your Ohio homeowners insurance policy can protect you from liability for these damages and others.

        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
        Click at least 2-3 companies to find the very best rate.

          America’s top-rated home insurance

          • Policies starting at just $25/month
          • Sign up in seconds, claims paid in minutes
          • Zero hassle, zero paperwork

          Additional home insurance coverage in Ohio

          Although Ohio is known for its brutally cold winters, insurers do not expect you to file frequent or regular claims for damage. The cost of your insurance policy is mostly dependent upon your risk as a homeowner. If you file regular claims, you become a liability, and you could have trouble finding affordable coverage.

          Ohio is not one of the most expensive states for insurance; in fact, it falls below national averages for more affordable home insurance than many other states in the country. Typical coverage generally includes a policy of $300,000 in dwelling coverage with a $1,000 deductible. Depending on where you live, you may need more or less to fully protect your home.

          Ohio home insurance FAQs

          Ohio homeowners are required to purchase a minimum amount of homeowners insurance to protect their property. The exact amount ultimately depends on the requirements for your mortgage lender and your insurance provider. Your policy is also protected by the Ohio Insurance Guaranty Association (OIGA), which provides protection in the event that your insurance company goes out of business.

          The III reports that the average Ohio homeowners insurance policy costs $862 per year, which is considerably less than the national average of $1,211. The cost of your policy will depend on many factors, such as where you live in Ohio, the type of home you have and how old it is.

          We found that Cincinnati Insurance Companies have the cheapest insurance in Ohio, averaging just $615 per year. It is the most affordable company by more than $150. However, the cheapest home insurance in Ohio for you may be different than the usual policy for the average homeowner.

          We welcome your feedback on this article and would love to hear about your experience with the home insurance companies we recommend. Contact us at inquiries@thesimpledollar.com with comments or questions.

          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

          Reviewed by

          • Nashalie Addarich
            Nashalie Addarich
            Insurance Editor

            Nasha Addarich is an editor at The Simple Dollar and a former attorney who specializes in home insurance, auto insurance, life insurance, and savings. She is a former contributing editor to Reviews.com.