Ohio is one of the most beautiful and dynamic states in the US, with large urban cities, charming small towns, and verdant farmland spanning hundreds of miles. Despite its beauty, living in Ohio has its risks, and homeowners should always prepare for potential damage to their property. Ohio’s temperate climate and northern location leave it prone to severe storms, tornadoes, flooding, extreme winter cold, snowstorms, landslides, and power outages. Wildfires have also become more common in recent years, especially in the southwestern part of the state.
The difficulties faced by many Ohio homeowners are not limited to natural disasters. According to the FBI, a total of 212,550 property crimes were reported in Ohio in 2017, with the majority of those crimes committed in the major cities of Columbus, Cleveland, and Cincinnati. However, Ohio’s insurance premiums tend to be lower than many other states because there are no earthquakes. The risk of tropical storms is also significantly lower than other areas of the country. Although the premiums are lower, there is still risk of natural disasters and the potential for property crime damage, so it is more important than ever to have reliable and affordable homeowners insurance in Ohio.
Whether you’re a new homeowner or have owned your home for years, finding cheap home insurance in Ohio can seem overwhelming. In fact, according to Zillow, home insurance premiums average $35 per month for every $100,000 of property value, which can add up to a large portion of your monthly spending. To ensure that you are getting the best coverage at the right price, be sure to use a price comparison service to compare policies and costs from different providers.
There is no lack of insurance carriers in Ohio. In fact, Ohio is replete with insurance providers who offer affordable premiums, but this can make choosing your home policy a daunting task. Don’t believe the ads – no single company offers the cheapest insurance for everyone. Every policy is different, based on your priorities and certain industry metrics, including:
To help you find the best provider for your home, we have compiled a list of the cheapest homeowner’s insurance in OH. From local and regional providers to national carriers, we have found the lowest priced insurance policies that still offer quality coverage, so you can rest assured that you are getting the best coverage within your budget.
|Allstate Insurance||Visit Site|
|Cincinnati Insurance Company||Visit Site|
|Grange Insurance||Visit Site|
|Erie Insurance||Visit Site|
|State Farm Insurance Company||Visit Site|
|USAA Insurance||Visit Site|
Allstate Insurance is a national insurance agency with offices throughout Ohio. It offers affordable coverage with numerous discounts, including early signer, new homebuyer, and hail-resistant roof discounts. The Allstate website is highly intuitive and allows you to select from an extensive array of coverage and deductible options, so you can be sure that you have exactly the coverage you need. Although premiums may seem higher at first glance, all of their discounts make Allstate one of the cheapest homeowner insurance providers in Ohio.
You’ll find personalized service from a variety of local offices, where you can enjoy working with agents who are familiar with the particular needs of Ohio homeowners. Contact your local agent in Columbus, Bob Erlanger at 3821 N High St, Columbus, OH 43214, or call (614) 859-9900.
Ohio-based Cincinnati Insurance is a well-established local insurance company that provides homeowners insurance at affordable prices with a variety of personalized coverage options. They are more expensive than some other providers but offer home alarm and bundled discounts. The underwriters at Cincinnati Insurance Company are well-versed in the challenges of homeownership in Ohio, which is why they offer an added Executive Homeowner Plus endorsement on their homeowners policies. The endorsement provides additional coverage for personal property, landscaping, and even replacement of spoiled food in the event of a natural disaster or power failure.
Contact Cincinnati Insurance Company, headquartered at 6200 S. Gilmore Road, Fairfield, OH 45014-5141, you can reach them locally at 513-870-2000 to learn more about their services.
Another local favorite, Grange Insurance is small, well-established insurance company based out of Ohio. They’ve been providing insurance coverage for more than 80 years, and offer a personal touch not always available with larger insurance companies. Grange’s customer service goes beyond the basics, and they go out of their way to provide comprehensive information so their customers understand what they are getting. Grange offers reasonably priced coverage, with discounts for home maintenance, claim-free, and smart fire alarms. Although the prices are cheap, their customer service reviews are lower than some of the other companies on our list. In addition, their website doesn’t offer online quoting, which can be inconvenient for some homeowners.
You can reach Grange Insurance through their local agents, or contact them directly to request more information at (800) 422-0550. They are headquartered at 671 South High Street, Columbus, OH 43206.
Based out of Pennsylvania, Erie Insurance ranks as one of the highest on our list for customer satisfaction. From their main Ohio office in Loveland, they provide affordable quotes for homeowners insurance that are typically much lower than national providers. As a regional insurance carrier, Erie Insurance is familiar with the particular challenges of Ohio homeownership, and their customer reviews show above average satisfaction ratings. Erie polices begin with basic coverage that you can build on to create a customized policy tailored to your particular needs. Although Erie’s premiums are for customers with good credit, those with poor credit may find themselves paying more than the national average. However, the premium cost may be offset by their discounts for home safety features, advance quotes, and bundled policies.
Erie Insurance has agents throughout Ohio to offer you insurance expertise coupled with the local knowledge necessary to ensure that you’re getting the right coverage for your area. Their Ohio headquarters has been established in Columbus since 1974, and is located at445 Hutchinson Avenue, Suite 350, Columbus, OH, 43235-5691. To learn more, you can contact Erie’s Columbus Office or call them for more information at (800) 458-0811.
A national insurance provider with local offices across Ohio, State Farm Insurance offers competitive rates with easy-to-understand coverage options. Their add-ons are clearly outlined, so you can easily tailor your policy for your home. State Farm’s well-organized website is especially useful for new homeowners, and even offers a blog with additional information about being a homeowner. Everything is digitized, so getting a quote, paying your bill, and managing your claims and policy coverages is simple. State Farm’s premiums are higher than some of the smaller Ohio carriers on our list, but they do offer discounts for alarm systems, bundled policies, and impact-resistant roofing.
State Farm has thousands of agents in Ohio alone. Visit their Ohio agents page to find an agent near you, or call them at 800-STATE-FARM (800-782-8332).
The United Services Automobile Association (USAA) is an insurance provider that offers discounted premiums to former members of the armed services and their direct family members. The USAA’s services extend from insurance coverage to banking, investment, and retirement services, and USAA offers additional discounts for bundling of policies as well as length of membership. In addition, members of USAA receive discounts for a variety of other goods and services, including car rentals, travel, home security systems, new vehicles, and moving and storage services. Overall, USAA homeowner insurance rates are lower than the national average. The only downside to USAA is that it is only available to former members of the military and their direct family members. Active and retired military members, their spouses and children are eligible for coverage, but parents, siblings, and other family members are not.
As a national insurance provider for active duty and retired members of the military and their families, the USAA has agents and offices across the US. Contact them toll free from anywhere in the US at 800-531-USAA (8722).
When selecting your policy, be sure to compare your quotes apples-to-apples, that is, requesting the same coverage levels for each coverage. A policy that seems too good to be true might just be offering a higher deductible or lower coverage than a more expensive competitor. Your quote should include coverages specific to Ohio. While you are at low risk of earthquake or tropical storm damage, for example, you may be at higher risk of flooding, hail or snow damage. Flood coverage is particularly critical, as many homeowners policies exclude flood coverage, so you may wish to purchase a supplemental policy.
Most importantly, remember that the policy for each home is different depending on the location of your home, as well as its age, condition, and value. Be sure to choose an agent who will take your specific needs into consideration in order to create a policy tailored to your specific needs.