We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free – so that you can make financial decisions with confidence. The offers that appear on this site are from companies from which TheSimpleDollar.com receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. The Simple Dollar does not include all card/financial services companies or all card/financial services offers available in the marketplace. The Simple Dollar has partnerships with issuers including, but not limited to, Capital One, Chase & Discover. View our full advertiser disclosure to learn more.
The Best Ohio Homeowners Insurance Companies
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.
The 6 best home insurance companies in Ohio
- Cheapest Coverage: Cincinnati Insurance Companies
- Best Coverage Options: Erie
- Best Accessibility: American Family
- Best Personal Support: Grange Insurance
- Best for Claims-Free History: Nationwide
- Best Discounts: Farmers
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 Company||Ohio Full Yearly Average Cost||Ohio Full Monthly Average Cost||Ohio Full Weekly Average Cost|
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.
|Rank||Company||Average Annual Premium|
|1||Cincinnati Insurance Companies||$615|
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.
|City||Avg. annual premium|
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.
- Better customer service with more personalized service
- Local representatives who have personal knowledge and are experienced with the area
- Can be more expensive than regional brands
- A greater service area that covers more of the U.S.
- Usually more affordable with discounts and bundles
- 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.
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.
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 firstname.lastname@example.org with comments or questions.