Find the Best Homeowners Insurance Rates and Companies in Ohio
The median home value in Ohio is over $212,000. If you own a home in Ohio, chances are your home is your most important asset. You’ll want to protect it from threats like fire, theft, vandalism, and severe weather. What’s more, you’ll want to protect your assets from the costs of lawsuits if you are sued for something that happens on your property. You can do this with homeowners insurance in Ohio.
An independent insurance agent can help you find the best home insurance in Ohio. Independent agents can help you get quotes from multiple insurance companies so that you can make the best choice for your needs and budget.
Best Homeowners Insurance Companies in Ohio
Several insurance companies in Ohio offer home, car, and business insurance. The following are some of the best homeowners insurance companies in Ohio. They are highly rated for their mix of valuable coverage offerings and competitive pricing.
- Nationwide: Nationwide provides homeowners insurance and other popular types of insurance coverage in Ohio. The company is headquartered in Columbus, OH, and is represented by independent insurance agents in 50 states.
- Ohio Mutual Insurance Group: Ohio Mutual traces its roots to 1901 when the Ohio Mutual Tornado, Cyclone, and Windstorm Insurance Association began providing insurance to property owners across Ohio. Based in Bucyrus, Ohio, today the company writes more than $200 million in premiums each year, covering homes, autos, farms, and commercial properties in seven states.
- Travelers: Travelers offers highly rated homeowners insurance in Ohio. It can meet your additional personal insurance needs with a full line of products including auto, boat, identity theft, umbrella, and other coverages.
- Safeco: Safeco has been protecting individuals and families since 1923. The company offers homeowners insurance in Ohio, as well as a comprehensive range of other personal insurance policies. Working through independent agents, Safeco makes it easy to get the best mix of coverage and pricing.
- Progressive: Progressive is based in Ohio and offers homeowners insurance across all 50 states. Ohio residents can look to Progressive for most of their personal insurance needs.
An independent insurance agent in your area can help you learn more about these and other homeowners insurance companies in OH. A local agent can help you get competitive quotes for the coverage that fits your insurance needs in Ohio.
What Homeowners Insurance in Ohio Can Cover
Homeowners insurance is designed to cover certain types of property damage in Ohio. The biggest risks to property in Ohio include severe storms and lightning, flooding and water damage, tornados, burglary and other property crimes, and heavy snow.
Ohio has even experienced quite a few natural disasters:
- Number of declared disasters in Ohio since 1953: 59
- Most common types of disasters in Ohio: Severe storms, floods, and tornados
- Average number of tornadoes per year in Ohio: 19
- Average amount of property damage claims per year in Ohio: $1,105,456,000
Homeowners insurance in Ohio typically covers much of the damage caused by natural disasters, including wind, rain, hail, and fire damage. It also covers damage and other losses caused by a break-in or vandalism. But keep in mind that home insurance in Ohio does not cover flood damage. For flood coverage, you’ll need to purchase a separate flood insurance policy.
Within a typical Ohio home insurance policy, you’ll find several coverage categories. These provide coverage for the inside and outside of your home according to your policy specifics. What’s more, your home insurance policy in Ohio covers expenses related to the temporary loss of use of your home after a covered event, and provides liability coverage for when you’re faced with a lawsuit or negligence claim.
A homeowners insurance policy typically categorizes coverage and coverage limits as follows:
- Dwelling coverage: Covers your house and attached structures. It also covers items like plumbing, heating, permanently installed air-conditioning systems, and electrical wiring.
- Other structures coverage: Protects other structures on the property such as detached garages, tool sheds, retaining walls, and so on.
- Contents coverage: Protects the contents of your home and other personal belongings owned by you or family members who live with you.
- Loss of use coverage: Helps you with additional living expenses if your home is damaged by a covered peril (e.g., a fire) and you cannot live in your home while repairs are being made. It typically covers expenses like housing, meals, storage, and more, as long as they are in line with your usual living expenses.
- Personal liability coverage: Provides coverage if you or a resident of your household is responsible for causing property damage or an injury to someone else.
A local independent insurance agent can help you find the best homeowners insurance in Ohio.
What Homeowners Insurance in Ohio Will Not Cover
All insurance policies exclude coverage for certain types of losses, and home insurance in Ohio is no different. It does not cover everything that can go wrong with your home or on your property.
First, the liability coverage in your homeowners insurance policy has certain limitations. If you hurt someone because of an intentional act, your liability coverage will not cover you. You can find all the exclusions to your liability coverage in your policy documents.
Moreover, your property coverage will not cover every type of property damage you might encounter. Almost all homeowners insurance policies in Ohio exclude coverage for property damage caused by the following:
- Ordinance or law (e.g., demolition or construction required to bring your house up to code)
- Earth movement (e.g., earthquakes, sinkholes, landslides)
- Water damage due to floods, sewer backups, and water that seeps through the foundation
- Power failure
- Neglect
- War
- Nuclear hazard
- Intentional acts
- Governmental action (e.g., destruction, confiscation, or seizure of covered property by any governmental or public authority)
- Loss to property resulting from faulty zoning, bad repair or workmanship, faulty construction materials, and defective maintenance
To avoid any surprises down the road, be sure to understand what your home insurance in Ohio does and does not cover when you decide to purchase a policy.
Flood Damage in Ohio
Flooding can be a significant concern for many homeowners, but homeowners insurance in Ohio does not cover flood damage. It is important for Ohio homeowners to understand this.
Flooding can be a problem in some areas of Ohio. In fact, it is one of the top five risks for homeowners in the state. Some areas of the state will have a higher likelihood of flooding than others.
It’s important to discuss your need for supplemental flood insurance with your independent insurance agent to make sure you are safe.
If necessary, your agent can help you purchase flood insurance from the National Flood Insurance Program (NFIP), a program established by the federal government to help homeowners recover after a flood event.
Average Cost of Homeowners Insurance in Ohio
Ohio is the 43rd most expensive state for home insurance in the US. The average cost of homeowners coverage in Ohio is lower than the national average.
- National average yearly premium: $1,211
- Ohio average yearly premium: $862
Every insurance company has a different formula for calculating insurance premiums. They want to predict how risky you are to insure or how likely you are to file a costly claim. Your premiums reflect the level of risk specific to your home and its location.
If your property’s location comes with more hazards than most, expect to pay more. You will also pay more if your home will cost more to repair or rebuild than others. Insurance companies may evaluate the following risk factors to determine your home insurance cost in Ohio:
- The size, age, and value of your house
- Whether the property is your primary residence or a second home
- The number of stories in your house and whether it has a basement
- The crime, weather, and disaster risks in your area
- Your previous home insurance claims history
The best way to make sure you are getting the best price for your unique home is to compare quotes from multiple insurance companies. A local independent insurance agent can help you get home insurance quotes in Ohio.
Average Ohio Home Insurance Costs by City
Homeowners insurance costs vary from city to city just like they vary from home to home, and state to state. If you live in a city with a high crime rate or a history of natural disasters, you’ll likely pay more for homeowners insurance than someone who lives in a very safe city. Residents of larger cities often pay more than those who live in rural areas.
In Ohio, residents of towns with higher-than-average property values pay more for home insurance coverage than people who live in cities with lower property values.
Dublin, OH, for example, has high average property values ($373,470) and some of the highest average home insurance rates in the state ($1,589 per year). Meanwhile, residents of Garfield Heights, OH, pay much less for home insurance, on average ($507 per year), which coincides with much lower average property values ($76,310).
Average Ohio Home Insurance Costs by City
National average burglary rate 3.76 per 1,000 people
National average home value $269,000
National average home insurance cost $1,428 year
| City | Annual insurance cost | Avg. home value | Burglaries / 1,000 homes |
| Akron | $586 | $78,000 | 12.27 |
| Barberton | $526 | $90,655 | 5.54 |
| Beavercreek | $980 | $182,576 | 1.38 |
| Brunswick | $848 | $161,938 | 0.81 |
| Canton | $579 | $73,400 | 13.27 |
| Cincinnati | $953 | $134,100 | 16.19 |
| Cleveland | $613 | $66,800 | 17.87 |
| Cleveland Heights | $712 | $132,403 | 2.64 |
| Clintonville | $1,159 | $198,271 | 5.93 |
| Columbus | $887 | $140,700 | 8.99 |
| Cuyahoga Falls | $673 | $126,791 | 2.36 |
| Dayton | $641 | $66,900 | 20.78 |
| Delaware | $1,007 | $178,318 | 3.98 |
| Dublin | $1,589 | $373,470 | 2.11 |
| Elyria | $598 | $100,135 | 6.41 |
| Euclid | $592 | $83,672 | 10.88 |
| Fairborn | $667 | $114,384 | 5.62 |
| Fairfield | $856 | $154,700 | 3.36 |
| Gahanna | $1,101 | $206,824 | 2.84 |
| Garfield Heights | $507 | $76,310 | 8.80 |
| Green | $993 | $183,424 | 2.09 |
| Grove City | $963 | $172,159 | 3.59 |
| Hamilton | $802 | $105,276 | 15.09 |
| Hilliard | $1,113 | $225,799 | 1.92 |
| Huber Heights | $559 | $106,334 | 4.61 |
| Kettering | $728 | $130,402 | 4.03 |
| Lakewood | $754 | $138,935 | 2.86 |
| Lima | $610 | $69,388 | 15.96 |
| Lorain | $654 | $84,200 | 13.84 |
| Mansfield | $615 | $78,633 | 14.55 |
| Mason | $1,189 | $252,142 | 0.52 |
| Mentor | $917 | $168,891 | 2.24 |
| Middletown | $646 | $96,214 | 15.95 |
| Parma | $585 | $108,100 | 3.41 |
| Reynoldburg | $852 | $151,169 | 4.19 |
| Springfield | $767 | $81,701 | 22.24 |
| Steubenville | $540 | $87,099 | 7.28 |
| Stow | $949 | $175,605 | 1.90 |
| Strongsville | $1,040 | $201,144 | 1.46 |
| Upper Arlington | $1,521 | $358,311 | 1.91 |
| Westerville | $1,162 | $220,393 | 1.93 |
Popular Questions about Ohio Home Insurance
The average cost of homeowners insurance in Ohio is around $72 per month, or $862 per year. That's less than the national average of $101 per month. Home insurance costs in Ohio will vary depending on your level of risk and several other factors.
The main purpose of homeowners insurance is to help you with the costs related to property damage with a policy that contains dwelling coverage, contents coverage, and loss of use/additional living expenses coverage. Homeowners insurance in Ohio also includes homeowners liability coverage. It protects you when someone claims you have caused an injury or property damage.
Be sure to discuss with your insurance agent the importance of making sure you don’t have any gaps in your coverage. Ask your agent about replacement cost coverage and what it means, as well as the need for optional coverage like water/sewer backup coverage, flood insurance, and more.
There is no law that requires you to purchase home insurance in Ohio. But it’s important to understand that your mortgage lender will require you to have homeowners insurance and will require proof that you have it. With over $1 billion in home insurance claims paid in Ohio in one year alone, proper home insurance protection is necessary to avoid a major loss.
Homeowners insurance rates in Ohio are not one-size-fits-all. Insurance companies calculate your rates by looking at your home, the risk factors for your neighborhood, and your specific coverage needs.
If, for example, you live in a ZIP Code with a high crime rate or one that is highly susceptible to natural disasters, you can expect to pay more than someone living in a safer area.
Yes. Ohio has 584 independent insurance agencies to choose from when selecting home insurance. Independent agents work for you free of charge, ensuring that you get the best options for an affordable rate.
You have a lot of options for your homeowners insurance policy in Ohio. The best homeowners insurance companies in Ohio are Nationwide, Ohio Mutual Insurance Group, Travelers, Progressive, and Safeco. These companies are highly rated for their mix of valuable coverage offerings and competitive pricing.
Homeowners insurance is not required in Ohio. But you’ll likely be required by your mortgage lender to have it.
Searching for the best and most affordable homeowners insurance in Ohio can be frustrating and confusing. That’s why it pays to have an experienced insurance professional in your corner.
Instead of getting an online quote, find an independent insurance agent in Ohio now, and get one-on-one consultation and affordable options for the best coverage for your unique needs. Your agent will work with you free of charge, offering you a variety of options so you can make the best choice.
Contact an agent today for a free, no-obligation consultation.
Do You Know What Your Ohio Home Insurance Covers?
Average Cost of Home Insurance Near You
The average monthly cost of homeowners insurance in Akron is $49. Every homeowner pays a customized rate for their home insurance coverage, so there is often a large variance from one resident to the next. Insurance companies calculate your costs based on a variety of factors such as your home’s location, square footage, and age. They may also take into consideration factors such as the number of people who live in the home and your credit score. Compare rates from multiple carriers to be sure you are getting your coverage at a competitive rate.
Akron homeowners insurance protects policyholders from having to face large financial losses in the wake of a covered event. It can cover things like severe weather, accidental residential fires, property crimes, liability lawsuits, and other hazards. A burst pipe can quickly turn into a major catastrophe in your home. As water spills out everywhere, the damage to your walls and floors can be expensive. If the pipe is on a second floor, water can drip down and damage the lower level too. Fortunately, home insurance covers non-flood-related water damage and can pay for repairs if this happens to you.
The average monthly cost of homeowners insurance in Canton is $48. Of course, insurance prices can vary significantly from one homeowner to the next in this city. Your actual premium may be higher or lower than the average depending on a number of considerations such as the crime rate in your ZIP Code, the size, age, and structure of your home, the amount of coverage you wish to purchase, and even, sometimes, your credit score.
Canton homeowners insurance can cover you against a variety of hazards, including liability lawsuits, property crimes, and severe weather. If lightning strikes your home, it can cause serious damage. Some of the storms that roll through Canton can be intense, sometimes even spawning tornadoes. If your house is damaged by a severe weather event, you'll have peace of mind knowing that you have a reliable home insurance plan to cover the cost of repairs.
The average monthly cost of homeowners insurance in Cincinnati is $79. Of course, rates can vary significantly from one homeowner to the next, so you can reasonably expect your quoted costs to be higher or lower than this average. Rates are determined by insurance providers according to the type of house you live in, the home's size and age, your credit score, your previous claims, and several other factors.
Cincinnati homeowners insurance can protect you from facing large financial losses if you fall victim to some of the common hazards faced by homeowners in this Ohio city. These include liability lawsuits, property crimes, residential fires, and severe weather events. Storms in Cincinnati are often severe, and sometimes they spawn tornadoes. These storms can damage roofs, windows, and other property. Fortunately, you can turn to your Cincinnati home insurance provider for the funds necessary to make repairs and replace lost belongings.
The average monthly cost of homeowners insurance in Cleveland is $51. Your actual home insurance rate could be significantly more or less than this amount. That is because it depends on several variables like the size and age of your house, the crime rate in your ZIP Code, and your claims history and credit score. Comparing costs enables you to be sure you are getting your coverage at the best price.
Your Cleveland homeowners insurance can cover you against many different hazards that can otherwise cause you to face large financial losses. These include severe weather, liability lawsuits, and residential fires. Your insurance can also cover you against loss or damage caused by property crimes. In Cleveland, where the burglary rate is rather high, this coverage can prove particularly important.
The average monthly cost of homeowners insurance in Columbus is $74. Several different factors can influence how your actual rates are calculated. These include the age, size, and value of your home and your credit score and claims history. You can therefore expect your quoted rate to be higher or lower than this average.
Columbus home insurance is designed to cover hazards such as liability, property crime, accidental fires, and weather-related damage. Occasional heavy winds sweep through the area, damaging roofs and causing trees to fall on local homes and storage sheds. If heavy winds cause damage to your home, you can file a claim with your insurance provider to receive compensation to make repairs.
The average monthly cost of homeowners insurance in Dayton is $53. Your actual home insurance cost could be less or more, based on several variables like your home's size, age, and building materials, and your credit score and claims history. Comparing rates from a few different insurers enables you to be sure you are getting a good policy at a great price.
Most people never stop to think about burglaries until it's too late. In Dayton, however, the burglary rate is extremely high, so it is a real concern among residents. Homeowners can take precautions by using deadbolt locks, keeping entryways well-lit, and installing security systems, which can earn you a discount on your home insurance. If your home does get targeted by burglars, you can file a claim with your home insurance provider to receive compensation for your stolen valuables and property damage.
The average monthly cost of homeowners insurance in Hamilton is $67. Your actual home insurance cost will be determined according to a number of factors like the size and structure of your house, the crime rate in your ZIP Code, the amount of coverage you are purchasing, and even your credit score. Your quoted rates could therefore be considerably higher or lower than this average.
Hamilton homeowners insurance can cover you against a variety of hazards such as property crimes, liability lawsuits, residential fires, and weather-related damage. Storms that bring strong, gusty winds or, worse, tornadoes through Hamilton can do serious damage to local homes. If the wind damages your roof or blows a tree onto your house, it can be a scary experience, but your homeowners insurance can step in to cover the cost of repairs.
The average monthly cost of homeowners insurance in Lorain is $54. Your actual home insurance cost could be more or less, depending on a variety of factors that insurance companies use to determine appropriate costs. These include the size and age of your home, the amount of coverage you wish to purchase, the crime rate in your ZIP Code, previous claims, and even, at times, your credit score.
Lorain homeowners insurance can provide coverage against a variety of hazards, many of which may be unexpected. If you have a burst pipe during the freezing winter temperatures, or you have a malfunctioning appliance that is causing a water leak, the resultant water damage to your home can quickly become a major issue. If you discover soggy floors, moldy walls, or huge puddles of water in your home, you can file a claim. As long as the damage is not flood-related, your home insurance policy can help pay to clean up the mess and make home repairs.
The average monthly cost of homeowners insurance in Parma is $49. Your premium might be significantly higher or lower than the average depending on your specific situation. Insurance companies use several factors to determine rates. These include the age, size, and value of your home, whether you present any special liability concerns such as a dangerous breed of dog or a swimming pool, and even your credit score. Comparing rates allows you to find the best price for your policy.
Parma homeowners insurance can provide coverage against a number of different hazards. These include weather-related damage, property crimes, liability lawsuits, and residential fires. House fires are among the most damaging risks homeowners face. If not addressed quickly, a fire can consume all of your personal property and destroy your house. Fortunately, home insurance gives you a backup plan and can cover the costs to replace your lost items and repair or rebuild after a tragic fire.
The average monthly cost of homeowners insurance in Springfield is $64. Your actual premiums could be considerably higher or lower than this amount. That is because insurance companies calculate rates according to such factors as the size of your house, your house's building materials, the amount of coverage you are purchasing, and even sometimes your credit score. Each insurer uses a different method of calculation, so it is to your benefit to compare quotes from multiple providers before making a selection.
Your Springfield homeowners insurance can cover you against many of the hazards you face as a homeowner in this city. This includes loss or damage caused by residential fires, liability lawsuits, and severe weather. It also covers property crimes, which is particularly important in this city, given its' high burglary rate.