Find the Best Ohio Home Insurance Quotes

Ohio is such an incredible place to settle down, raise a family, and set some roots. Insurance Geek was founded here in Columbus, Ohio, and we wouldn’t live anywhere else! We are Buckeyes!

Insurance Geek matches Ohio homeowners with the quote that’s right for them by taking ALL the different facets of your home into consideration, from the type of structure or dwelling you live in, to natural disasters in your area, to the crime rate.

We have the experience you need. Regardless of your ZIP code in Ohio, we’ll find you the best products and connect you to the right insurance company based on the services that you need. Nobody is better at finding you the best Ohio home insurance policy. We can instantly quote your policy from over 5 companies.

In this Ohio home insurance guide, you’ll find all the information to get started.

Home Insurance in Ohio: The Basics

Ohio homeowners set roots not just for the safe neighborhoods and the excellent schools, but for the convenience, too.

The major Ohio metros are just a few hours away from one another, and world-class universities like Ohio State, hospitals, and attractions like King’s Island in Cincinnati are just a short drive away.

Ohio has more tornadoes on average than most ordinary U.S. states. The property crime rate per 1000 residents is 2.19, relatively lower than in states like Maryland or Michigan.

Flooding can be a problem in Ohio, especially for homeowners situated near the Ohio River. The state itself is a little flat, and there’s generally a good bit of farmland, so the potential for flooding is higher in river plain regions. Note that the homeowners’ policy does not include flood insurance.

Perils

PERILS are disasters that could damage your home.

Those perils that are covered in your home insurance policy will be stated on the policy documents. The declarations page will display most of the information you need to check whether a certain peril is included.

If a loss occurs due to a covered peril, you can file a claim, and your home insurance company will reimburse the expenses for you.

Taking the information provided above into account, some notable perils in Ohio to mention include:

  • Property damage
  • Weather damage (hail, rain, snow)
  • Drain and sewer
  • Any other natural disaster

In short – your Ohio home insurance should include all the perils that you consider potential risks for your property.

We’ll help you by providing quotes from many insurance companies so that you can choose the right one for you.

Deductible

Another term you should understand is the deductible.

The deductible is the portion of your policy coverage that your homeowners insurance company will not cover.

Before you receive a payout for your claim, the insurance company will require you to cover your deductible.

The typical amount our customers get for a deductible is between $1,000 and $5,000.

A lower deductible means that you’ll pay higher prices, and vice versa, so keep that in mind when discussing the features of your policy.

How are Average Ohio Home Insurance Premiums Determined?

Below, you’ll find the necessary information on how much the average home insurance costs Ohio. You can also use our home insurance calculator for Ohio above to calculate your rates.

There are a variety of ways insurance companies come up with how much premium costs. They start by taking a look at risk factors for your area and zip code. Each area has more or less fixed average homeowners insurance rates. We’ve already explained that for Ohio home insurance – it is lower for this state than for some others.

However, your homeowners insurance rate will be affected by multiple other factors:

Credit Score

The home insurance rate that you’ll get is dependent on your credit score. This is not the paramount factor, but companies will consider it when determining prices. If you have bad credit you will not find cheap homeowners insurance in Ohio.

So, if your credit score is positive (that is, you’ve been punctual with paying your bills, paying out loans, and generally have a good financial history), you’ll be eligible for a more favorable rate.

Total Value of the House

Homeowners insurance rates largely depend on the condition of your home.

The elements that homeowners insurance companies will be looking into include the age of your home, construction materials, etc.

In other words, they will be determining the replacement cost of your home. The replacement cost is the value of your home as it is in the present condition and not its market value. This ensures that you’ll get the right amount of coverage to step in for any potential repairs or rebuilding.

Previous Claims

A previous home insurance claim will also have an impact on determining the prices and rate.

If you have filed a claim before, it can be a signal to home insurance companies that your home is at greater risk and thus drive the prices up.

Deductible

As explained above, the deductible is the portion of your policy coverage you’ll have to pay.

Home insurance rates and premiums you’ll get will be lower when your deductible is higher.

Discounts

There’s a lot of space to claim homeowners insurance discounts.

Your home insurance rates can be decreased if you decide to get multiple policies with the same insurance company. We can find the cheapest homeowners insurance companies in Ohio that offer excellent possibilities for discounts if you get multiple products with them.

Just let us know you’d like to get more coverages – e.g., life and auto insurance, too – and receive the discounts.

What is the Best Option for Home Insurance in Ohio?

You’ll find that homeowners insurance companies in Ohio offer different types of homeowners coverages.

Roughly, they can be differentiated into two kinds of homeowners insurance policies: a named and an all peril policy.

Here’s more information about them:

Named Policy

This type of homeowners coverage provides protection only against perils that are explicitly stated (i.e., named). Those that aren’t mentioned will be omitted.

ALL Peril Policy

Contrarily, an ALL PERIL policy covers all the perils unless they are explicitly left out.

Thus, it accounts for all the perils mentioned above in the state of Ohio and is one of the most comprehensive ways to protect your home as you purchase homeowners’ insurance.

In our experience, homeowners usually get an all peril policy from home insurance companies. A named policy is mainly useful for any potential gaps in coverage you already have.

Get Cheap Ohio Homeowners Insurance Quotes Today

Does it seem too complicated to find the right home insurance companies and compare the prices you’d get for your insurance?

We’ve got your back!

Our mission at Insurance Geek is to connect our customers to the best homeowners insurance companies and quotes.

This is the best, easiest way to find an affordable rate for homeowners insurance in Ohio.

We work with multiple carriers via our Fat Agent app to assist agents in bringing you the best homeowners insurance quotes in Ohio. We can’t wait to show you!

How do you generate the quotes?

You just need to use the tool on our page. To find you the right products and companies, we ask you to share just the basic information, such as your state and address. Then, we’ll require some information about your house – things like its age of construction, etc.

The form should take only around 60 seconds, and you need to fill it only once!

We will then use our experience and tools to generate all quotes for homeowners insurance in Ohio for you.

They come directly from insurance companies, so you can rest assured that the rate you see is what you’ll get.

Our choice for the best companies to get homeowners insurance in Ohio are Nationwide and Safeco.

They offer the best services, products, and features out there.

What Discounts are Available?

If you are looking for ways to reduce prices for homeowners insurance in Ohio, the good news is there are multiple ways to qualify for discounts.

You’ll get discounts if you bundle up more than one kind of insurance coverage (e.g., car insurance + life and home coverage).

Also, discounts may be available depending on whether you have a burglary or fire security system already installed in your home.

Our services include finding you various discounts and the most affordable prices.

Top Cities & Metro Suburbs in Ohio for Homeowners

Cincinnati insurance ZIP code

Our customers come from all around Ohio. Whether you need Cincinnati insurance or you live in another place, we’ll find a homeowners policy for you.

You can get insurance coverage for the biggest cities in Ohio, such as:

  • Cincinnati
  • Columbus (Our Hometown)
  • Cleveland
  • Akron
  • Toledo
  • Dayton
  • Parma
  • Canton

Note that homeowners will typically be cheaper in the suburbs. Here are some of the top metro suburbs in Ohio:

  • Coshocton
  • Shaker Heights
  • Solon
  • Montgomery
  • Blue Ash
  • Dublin
  • Upper Arlington
  • Jackson
  • Washington Court House
  • Van Wert
  • Mason
  • Perrysburg
  • Hudson
We’ll find tailored Ohio homeowners insurance policies for every ZIP code!

Who Should Get Ohio Homeowners Insurance?

Any new or existing Ohio homeowners should always retain a policy. An existing homeowner may decide to get a different policy when their needs change or if they find a better deal. We can find you the most affordable prices and discounts.

The reason why you should get home coverage is not just the financial stability you and your family will get, albeit it is an indisputable benefit, but also the peace of mind that comes with it. You’ll know you are well-prepared for any accidents that may happen.

Also, your mortgage lender will require proof that you have home insurance to make sure your home will be rebuilt or repaired in the event of an accident.

What Does Home Coverage Include?

What should home coverage look like in your policy?

The structure of a policy includes various home insurance coverage options, including:

Coverage A – Dwelling coverage

The dwelling amount covers the physical structure of the home.

In our experience, it should be based on the replacement cost of your property. Only then will you be sure that it will fully account for the repair or rebuilding should the need arise.

Coverage B – Separate Structures

This portion of your policy can include all the structures detached from your houses – mailboxes, swimming pools, attached garages, fences, sheds, etc.

Coverage C – Personal property

Your policy will also protect your personal belongings under the section of personal property. These include things like your clothes, furniture, and appliances that are at a possibility of a loss due to perils.

Our experience tells us that homeowners often get an endorsement to add protection for their most valuable items. It provides an additional amount to cover valuables, e.g., heirloom, antiques, and sports equipment.

Nationwide offers their Valuable Plus policy for this purpose, whereas Safeco has Valuable Articles Coverage.

Coverage D – Loss of Use

Coverage D reimburses the costs incurred if you’re unable to use your home for a period of time as a result of a peril.

These additional expenses may include things like transportation, restaurant or grocery bills, staying at a hotel, and so on.

Coverage E – Personal Liability Coverage

Liability coverage kicks in if you’re found liable for damages or a suit is brought against you due to a covered occurrence.

The liability portion of your home insurance may, thus, cover the defense costs in court or due to a lawsuit.

Coverage F – Medical Payments

Finally, your home insurance provides payment of medical bills for anyone injured on your property. These can be things like ambulance rides, X-rays, minor surgical procedures, etc.

For personal liability coverage explained above, it is important that you (or your family members) are at fault and that the event was an accident.

For MedPay coverage, it doesn’t matter who is at fault as long as a guest is injured in your home.

What Does Your Homeowners Insurance Policy not Include?

It goes without saying that home insurance is priceless and that it is more than needed.

However, at times, it may not provide all the coverage you’ll need. That’s why you should consider getting some other types of insurance or additional and optional policies to protect yourself.

Here are some things that aren’t included in a typical home insurance policy:

  • Flood insurance. For the biggest part, your policy will not protect you from unexpected flood damage. A flood insurance policy has to be purchased separately through the National Flood Insurance Program (NFIP). However, this is not to say that you can’t get any type of protection from water damage in your homeowners insurance policy. By adding optional policies, you’ll be insured for things such as sump pump failure, sewer, or drain backup. Both Nationwide and Safeco have options that can provide you this coverage. As noted, water is a common peril in Ohio, so you could greatly benefit from adding water damage coverage to your policy.
  • Auto insurance (car insurance). In addition to getting a homeowners insurance policy, auto insurance can be one of the most beneficial investments. And we aren’t talking only about collisions and such. Think about it: your vehicle is parked at your garage and as vulnerable to perils as the rest of the house. Getting an auto insurance policy could save you a lot of trouble.

There are many other types of policies you can add, depending on the company that is your insurance provider.

For instance, equipment breakdown coverage accounts for mechanical or electrical breakdowns, and it’s usually very cheap.

Also, the identity theft protection policy gives you identity theft coverage for all kinds of cyberattacks. Credit card coverage ensures that you will receive compensation for any unauthorized transactions on your credit cards.

On top of that, if the limit for a portion of your coverage (e.g., dwelling amount, or personal property coverage) is not enough, you can get additional coverage and stop worrying about exceeding the limits.

Regardless of what you choose to combine – life and home insurance or anything else – it could result in significant discounts. Always notify your Insurance Geek about your needs so that we can find the best prices for you.

Home Insurance Ohio: FAQ

Q: What is the average coverage for homeowners insurance in Ohio?

A: The average cost of homeowners insurance in the state of Ohio is $850, which is lower than the nation’s average of $1,173. This is due to lower crime rates in the state, a low risk of natural disasters, and other benefits that other states do not share. The prices may also vary with different insurance companies and when you count in discounts, so it’s always wise to check all the possibilities you have.

Q: What are the best homeowners insurance companies in Ohio?

A: Nationwide and Safeco provide the best and cheapest homeowners insurance quotes in Ohio for any ZIP code. They have a diverse offer with high-quality services and opportunities for discounts. This isn’t just our and our clients’ experience – renowned scales such as the J.D. Power rating confirm this, too.

Final Words

Insurance Geek agents created an easy way to help you find the best homeowners insurance Ohio for you:

If you tell us your ZIP code, we’ll give you multiple quotes, prices, and discounts.

Then, all that is left is for you to choose what suits your needs best!

Also see renters insurance Ohio and Ohio Auto Insurance Here