Ohio Homeowners Insurance
The average Ohio homeowners insurance rates are $47 per month, but your premiums will vary based on where you live in the state and the age of your home. Enter your ZIP code below to get free Ohio home insurance quotes from local companies so you can find the best rates for the level of coverage you need.
Free Insurance Comparison
Secured with SHA-256 Encryption
UPDATED: Jul 16, 2021
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
The average home value in Ohio is $134,600, which plays a major role in determining the average annual Ohio homeowners insurance cost of $565 (or $47 per month).
To make sure that your insurance provides the coverage you need, get familiar with the major parts of the policy and learn which perils it is likely to face in the future:
Your family lives in the dwelling. That includes the primary home and any structures that are permanently attached to it, such as a garage or a room that was added on after the house was constructed. The definition of the dwelling is also important in determining loss of use, as it is the loss of use of parts of the dwelling that decide whether you will be eligible for reimbursement.
- Other Structures
If there are constructions on the property that are not connected permanently to the dwelling, they are listed as other structures. Examples of other structures include a guest house, an elaborate mailbox, a fence, or such support structures as a pump house or tool shed.
- Personal Property
All of your things that go into furnishing the home and property are your personal property, but you should be aware that the personal property section of your policy will only protect personal property up to a specified percentage of the policy value. In almost all circumstances, the personal property in the home is going to be worth more than the default coverage will replace.
- Loss of Use
Loss of use is the term that describes being deprived of some or all of the use of your home. A tree falling on a laundry room could result in a loss of use of your laundry facilities, for example. When you are affected by loss of use, save your receipts and make notes about the costs, and then turn in the claim for reimbursement of your expenditures.
Average Ohio Homeowner Insurance Rates vs. US
Cheaper Ohio Home Insurance
You can take some steps on your own to lower your home insurance rates. Your credit score regularly and Start by making the home more secure, and then do some maintenance to make it a safer place to live, for instance. Cheaper home insurance does not mean cutting corners that could come back to cause problems for your family, it means taking an active role in protecting the home and your future.
- Home Security
The burglary rate in Ohio is around 9.23 out of every 1000 people, while the national rate is 5.17. To reduce the risks of burglary and vandalism at your home, consider installing a security system that is monitored 24/7 by a professional monitoring company. A couple of other steps you can take to make your home safer and earn home insurance discounts is to have deadbolts put in your entry doors and have a fence erected along the road or even around the entire property.
- Reduce Insurance Risks
Insurance risks come in a variety of shapes, and reducing them requires little more than regular maintenance on the property. Trim back dead branches in the trees around your home, and keeping the roof free of leaves and other debris that shorten the durability of the shingles. Not all of the maintenance you do will earn you discounts on your insurance, but they will reduce the need to file claims, and that saves you money in the long run.
- Credit Score and Insurance Risk
Even if your credit score is less than the Ohio average of 690, you can get discounts on your home insurance policy by maintaining a credit score of 650 or higher. Your credit score is how the insurance company assesses your personal financial risk, so keeping that score high saves you money on all of your insurance needs, not just the home policy.
Home Characteristics Affecting Ohio Insurance Rates
If your home is around 44 years years, the Ohio average home age, you may need to be concerned with the way it was built. because material prices change over time, your best coverage would come from choosing full replacement coverage over the more common and less expensive actual cash value.
Local Natural Disasters Ohio Homeowners Should Consider Protecting Against
Understanding which natural perils your home may face will help you better protect your family against losses. Each state has different phenomena to deal with, and some perils require purchasing special coverage from high risk insurance pools like the FAIR plan.
Ranked at 28 out of 51, Ohio is not a state where earthquakes are a problem. While no one can say that one will not happen, the chances are good that you will not need to purchase this type of coverage.
Ohio residents filed 157 claims in 2009, just enough to drive home the fact that no one is immune from the flood disaster. If you cannot buy flood insurance through your insurance company, try high risk companies or call your state’s Department of insurance and ask them about the FAIR plan.
Hail is a common peril in all states, and Ohio is no exception. However, unless it has been specifically excluded on your policy, hail is covered as wind damage and a part of all standard homeowners insurance policies.
While it is a rare event, hurricanes can make their way to Ohio. Flooding is the major problem that would need to be dealt with, because all other hurricane related damages are covered by a standard insurance policy.
With approximately 26 tornadoes each year, Ohio is not a major place for tornadoes, but they do happen. Unless specifically excluded, however, tornadoes are considered wind damage and covered in a standard policy.
Around 74,749 wildfires are fought around the nation each year, and Ohio is subject to experience them. The good news is that unless your policy excludes wildfire, it is covered under the ordinary fire portion of your policy.
Ohio Homeowners Insurance Optional Coverages
Neither your personal property coverage nor your personal injury liability are very likely to be sufficient. Personal property limits are usually at 10% or less of the value of the property, for instance. To make these two coverages work better at protecting the things you own, ask your insurance agent about increasing the limits on both.
Important Contact Information
Ohio Department of Insurance
50 W. Town Street
Third Floor – Suite 300
Columbus, Ohio 43215
Phone: (800) 686-1526
Home Insurance Guides for Nearby States
- Indiana Homeowners Insurance
- Kentucky Homeowners Insurance
- Michigan Homeowners Insurance
- Pennsylvania Homeowners Insurance
- West Virginia Homeowners Insurance
Ohio Insurance Agents
Columbus Home Insurance | Cleveland Home Insurance | Cincinnati Home Insurance | Toledo Home Insurance | Akron Home Insurance | Dayton Home Insurance | Parma Home Insurance | Canton Home Insurance | Youngstown Home Insurance | Lorain Home Insurance | Hamilton Home Insurance | Springfield Home Insurance | Kettering Home Insurance | Elyria Home Insurance | Lakewood Home Insurance | Cuyahoga Falls Home Insurance | Middletown Home Insurance | Newark Home Insurance