When it comes to home insurance in Ohio, you'll need a good policy with the right coverage. If you want a policy that is tailored to meet your needs or a more basic one, it's essential to choose a company with affordable rates and excellent service.
Best Homeowners Insurance Companies In Ohio
Location, the age of the house and its condition, the deductible amount and whether you select flood, fire, or earthquake coverage are all factors that affect the cost of an homeowners policy. These factors could mean the difference in getting an affordable home insurance quote or one that is too expensive.
Cincinnati Financial has the lowest home insurance prices in Ohio. The average is less than half what it costs elsewhere. It offers a range of policy options and tiers that make it an excellent option for those looking for flexible policies to meet their specific needs.
Cincinnati Financial's rate is very low for older houses, making it a great option for anyone who wants to protect their house at an affordable cost.
In Ohio, the average price of homeowners' insurance is $529 a year or $44 a monthly -- almost 56% cheaper than the state-wide average. The company's customer service also scores highly, with less than half of customers complaining.
MoneyGeek evaluates thousands of quotes from dozens of insurers to determine which ones offer the best overall value. We then rate each provider on affordability of policies, service level and quality of quotes.
The cheapest home insurance in Columbus costs an average of $1,050 a year. It is slightly more expensive than the average statewide of $1399, but still considerably cheaper than in other cities.
Bundling auto and home insurance can save you even more on your premiums. Most companies offer discounts up to 25% for customers who bundle their insurance policies.
A new roof can also save homeowners a lot on their insurance rates. This is because, in the event that a claim is made, a roof that has been replaced will be worth much more.
You should always buy enough coverage to replace the value of your home. You can then use the extra coverage to cover things not covered by your insurance policy, like wind or flood damage.
It's also a good idea to select a deductible which is low. For example, a $500 deductible is usually cheaper than a $2,000 deductible, and that's often the way to go for a low-risk homeowner.
It can be difficult to choose the right homeowners insurance plan in Ohio. But with a bit of research and patience, you will be able find one that suits your budget. MoneyGeek allows you to easily compare rates with the leading providers.