Best and Cheapest Home Insurance Companies in Ohio for 2026
Find Cheap Home Insurance Quotes in Ohio
Who has the best and cheapest home insurance in Ohio?
State Farm has the cheapest overall rates in Ohio. But, it's not typically the most affordable option in Ohio's larger cities.
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Who has the cheapest home insurance quotes in Ohio?
State Farm, Cincinnati and Allstate have the cheapest home insurance in Ohio for most people.
Find Cheap Home Insurance Quotes in Ohio
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State Farm is the cheapest option for most people in Ohio. It costs around $1,357 per year for a policy with $350,000 of dwelling coverage, which is one-third cheaper than average.
State Farm also has the cheapest rates for expensive homes, at $2,606 per year for $1 million of dwelling coverage.
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Cincinnati Insurance has the cheapest rates in Ohio for more affordable homes. A policy from Cincinnati with $200,000 of dwelling coverage costs around $835 per year, which is 41% cheaper than average.
You don't need to live in Cincinnati to get a policy from Cincinnati Insurance. In fact, it has the cheapest homeowners insurance in Columbus, at $1,250 per year.
- Allstate has slightly more expensive rates overall, but it's the cheapest option in both Cleveland and Cincinnati.
Best cheap homeowners insurance in OH by dwelling coverage
$200,000
$350,000
$500,000
$1 million
Key takeaways
- Ohio home insurance rates have gone up by an average of 47% over the last five years. That's a little less than the average increase nationally, which was 48%.
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Allstate is one of the cheapest companies in Ohio, and its customers have seen rates go up slower than others in the state, around 20% over the last five years.
In comparison, the cheapest company, State Farm, raised rates by 43% over that same time period.
- Homeowners in Ohio need to watch out for damage from severe storms, which can include wind, hail and lightning. Between 1980 and 2024, Ohio had 69 severe storms that caused at least $1 billion in damage. That's compared to just 12 winter storms, 10 droughts and seven tropical cyclones.
Best home insurance in Ohio overall: State Farm
Pros & cons
- Cheapest quotes for most people
- Reliable customer service
- Limited discounts
- Not the cheapest option in larger cities
Why is State Farm the best?
State Farm has the best home insurance in Ohio because it has very affordable rates and dependable customer service.
Homeowners insurance from State Farm typically costs 28% to 45% less than the Ohio state average.
How much does State Farm home insurance cost in Ohio?
In addition, State Farm has a reputation for good customer service. It earned a great score on J.D. Power's customer satisfaction survey. However, State Farm's claims satisfaction score recently dropped, so it no longer has the best service in the state.
Potential issues
While State Farm has cheap rates for most people in Ohio, it only offers a few discounts. Allstate may have better prices if you qualify for a handful of its discounts.
In addition, State Farm's rates tend to be more expensive in Ohio's largest cities, including Columbus, Cleveland and Cincinnati.
If you live in one of these cities, you could find cheaper home insurance elsewhere.
Best home insurance discounts: Allstate
Pros & cons
- Lots of discounts
- Helpful coverage add-ons
- Cheapest rates in Cleveland and Cincinnati
- Mediocre customer service
- Not the cheapest in much of southern OH
Why is Allstate the best?
Allstate is a good option for Ohio homeowners because it offers lots of discounts to help lower your insurance bill, along with affordable rates.
Many of Allstate's home insurance discounts are very easy to get, including its:
- Welcome discount for switching from another insurance company
- Early signing discount for buying your policy at least one week before your old policy expires
- Easy pay plan discount when you make automatic payments
Allstate has some of the cheapest home insurance in Ohio, so it could have the best rates overall for people who qualify for a number of its discounts.
Allstate also offers the cheapest home insurance rates in two of Ohio's largest cities, Cleveland and Cincinnati.
Potential issues
Allstate customers aren't always happy with the service the company provides.
- Allstate scored below-average on J.D. Power's customer satisfaction and claims satisfaction surveys.
- Allstate gets an average number of complaints for a company its size.
That means it may take longer for Allstate to send you a check after your home or belongings are damaged.
Best for bundling home and auto insurance in OH: Auto-Owners
Pros & cons
- Cheap auto quotes in OH
- Lots of discounts and coverage add-ons
- Easy claims process
- No online quotes
- Not the cheapest without discounts
Why is Auto-Owners the best?
Auto-Owners has affordable home and car insurance rates in Ohio, which makes it the best choice if you prefer bundling all of your insurance policies with the same company.
While Auto-Owners doesn't have the cheapest home insurance rates, it offers more discounts than most other home insurance companies. In addition to its bundling discount, you can save money by getting a quote at least one day before your old policy expires, paying your annual bill up front, or installing a security system, water shutoff system or backup generator.
Additionally, Auto-Owners has some of the best customer service in Ohio. It earned an outstanding score on J.D. Power's claims satisfaction survey, and gets 61% fewer customer complaints than expected for a company its size. That means you can count on Auto-Owners to get your life back to normal quickly after damage occurs.
Potential issues
While home insurance quotes from Auto-Owners are typically lower than average, it's not the absolute cheapest company in Ohio. For example, an Auto-Owners policy with $350,000 of dwelling coverage costs 31% more than the same policy from the cheapest company, State Farm.
In addition, Auto-Owners isn't the best choice for people looking to buy a policy quickly online. The company doesn't offer online quotes, so you'll need to contact a local agent to compare rates.
Top-rated home insurance companies in Ohio
USAA is the best-rated home insurance company in Ohio because of its great customer service and reliability.
However, USAA is only available to military members, veterans and some of their family members.
Auto-Owners, Allstate and Cincinnati offer the best combination of affordable rates, helpful coverage, discounts and customer service in Ohio for people who can't get USAA insurance.
Best homeowners insurance in Ohio
How much does home insurance cost in Ohio?
The average cost of homeowners insurance in Ohio is $2,015 per year for $350,000 in coverage.
Average cost of Ohio home insurance by dwelling coverage
Home insurance in Ohio costs $375 per year less than the average cost of home insurance in the U.S., which is $2,390 per year.
How much is home insurance in Columbus?
Homeowners insurance costs an average of $2,079 per year in Columbus. Cincinnati has the most affordable home insurance quotes in Columbus, at around $1,250 per year.
How much is homeowners insurance in Cleveland?
Homeowners insurance in Cleveland costs an average of $2,002 per year. The cheapest quotes can be found at Allstate, where a policy costs an average of $1,310 per year.
How much is homeowners insurance in Cincinnati?
Home insurance costs an average of $2,069 per year in Cincinnati. Allstate has the most affordable rates in the city, at around $1,245 per year.
Ohio home insurance rates by city
Fairport Harbor, a village on Lake Erie, has the cheapest homeowners insurance rates in Ohio.
People living in Fairport Harbor pay an average of $1,711 per year for a policy with $350,000 of dwelling coverage.
Home insurance is most expensive in Rosemount, a community on the Ohio River, where rates average $2,555 per year. Many towns along the river have expensive home insurance rates, including Sciotodale, New Boston and Portsmouth.
State Farm has the cheapest home insurance rates in 45% of cities and towns across Ohio. Cincinnati is the most affordable company in 26% of cities, many of which are southern Ohio and Ohio River Valley towns. Allstate is the cheapest company in 19% of cities, mostly located in suburban northeast and central Ohio.
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Cheapest annual home insurance quotes in OH by city
What home insurance do I need in Ohio?
Severe storms and flash floods cause the most home damage in Ohio.
Home insurance covers damage caused by tornadoes, wind, lightning and hail. That's good news for Ohio homeowners, as wind causes the most damage to homes across the state, according to LexisNexis.
However, home insurance won't pay for damage caused by flooding. For example, it won't pay for repairs if heavy rain causes water to seep into your basement or if a nearby river floods your neighborhood. You'd need a separate flood insurance policy to cover flood damage.
How does home insurance cover tornadoes, wind and hail in Ohio?
Wind damage is covered by almost all home insurance policies. This includes direct damage, such as wind ripping siding off of your home, and indirect damage, such as a tree getting blown over and falling on your roof.
Tornado and hail damage is also covered by most home insurance policies. However, many companies have what's called a cosmetic exception, saying that if the damage caused by a storm is only affecting the way the property looks, your policy might not cover the damage. So, if your roof is covered with pockmarks from a hailstorm, but it's not actively leaking, insurance may not pay to replace the damaged shingles.
Keep in mind that your policy will likely only pay to replace the building materials damaged by a severe storm. That could leave you with mismatched siding or roofing, especially if you have an older home.
Some insurance companies in Ohio allow you to upgrade your insurance policy with "matching materials coverage," including American Family, Farmers and Grange. This coverage pays extra to replace both the damaged and undamaged materials, so the materials on the outside of your home match.
How to get coverage for flood damage
Standard homeowners insurance policies don't cover flood damage. Instead, you'll need to get a separate flood insurance policy from a private insurance company or the government's National Flood Insurance Program (NFIP).
The average cost of flood insurance in Ohio is $1,085 per year for a policy from the NFIP.
In the past five years, the National Flood Insurance Program (NFIP) has paid out over $22 million in flood insurance claims across Ohio. The average payout for repairs was over $34,000.
How to save money on Ohio home insurance
The best way to save is by comparing rates from multiple home insurance companies in Ohio.
In Ohio, home insurance from the most expensive company, Nationwide, costs twice as much as a policy from the cheapest company, State Farm.
The companies with the cheapest average rates are usually a good deal for most people. However, each company uses a different method for setting rates. That's why the best deal for you will depend on your address, personal details and the discounts you qualify for.
Getting multiple quotes at once is easy if you use an independent insurance agent to shop around for a policy for you. Or you can do it yourself by getting online quotes from a comparison website to get multiple home insurance quotes at once.
Find Cheap Home Insurance Quotes in Ohio
Change in Ohio home insurance costs over time
Home insurance prices are up nearly 47% in Ohio over the last five years.
That's fairly close to the average increase nationally, which was almost 48%.
Homeowners saw the biggest jump in 2024, when rates went up by 13.7%. Home insurance costs in Ohio were fairly level in the early 2020s before substantial increases in 2023 and 2024.
Allstate had the smallest rate increase over the past five years, at 20.4%. However, the bulk of that increase came in 2025, when Allstate raised rates in Ohio by 8.7%, on average.
Farmers had the biggest increase in Ohio between 2021 and 2025, at 87.6%. American Family had the next highest increase, at 80.1%.
Frequently asked questions
What is the average cost of homeowners insurance in Ohio?
The average cost of home insurance in Ohio is $2,015 per year, or $168 per month, for a policy with $350,000 in coverage. That's around 16% cheaper than the national average of $2,395.
Who offers the cheapest home insurance in Ohio?
State Farm has the cheapest home insurance in Ohio for most homeowners in the state. State Farm home insurance costs about $1,357 per year for $350,000 in coverage. That's 33% less than the state average.
How much is homeowners insurance in Columbus?
The average cost of home insurance in Columbus is $2,079 per year for $350,000 in coverage. Cincinnati Insurance is the cheapest company in Columbus, at around $1,250 per year. That's a savings of about 40%.
Methodology
The average cost of Ohio home insurance is based on quotes from the top companies across every residential ZIP code in the state for a 45-year-old married man with no prior insurance claims. Rates are for a 1,803 square foot home built 51 years ago, based on the average home age and size in Ohio.
Quotes include the following coverage limits:
- Dwelling coverage: $200,000, $350,000, $500,000 or $1 million
- Personal liability: $100,000
- Medical payments: $1,000
- Deductible: $1,000
ValuePenguin used insurance rate data from Quadrant Information Services. Quadrant's rates were publicly sourced from insurer filings and should only be used for comparative purposes.
Home insurance ratings are based on complaint data from the National Association of Insurance Commissioners (NAIC), the J.D. Power customer satisfaction survey and ValuePenguin's ratings.
About the Author
Senior Writer
Lindsay Bishop is a Senior Writer at ValuePenguin, where she educates readers about home, auto, renters, flood and motorcycle insurance.
Lindsay began her career in the insurance and financial industry in 2010. She was a licensed auto, home, life and health insurance agent and held Series 6 and 63 financial licenses.
After a hiatus from the financial sector, Lindsay returned to the industry as a content writer for ValuePenguin in 2021. She enjoys having the opportunity to help readers make smart decisions about their insurance so they can be prepared for anything life throws their way.
When Lindsay isn't writing about insurance, you can find her spending time with family, enjoying the outdoors on Sunday long runs or riding her Peloton.
How insurance helped Lindsay
As a homeowner for 15 years located in South Carolina, Lindsay has plenty of experience navigating the coastal insurance market and managing the claims process. That includes successfully negotiating a full roof replacement claim.
Expertise
- Home insurance
- Car insurance
- Flood insurance
- Renters insurance
- Motorcycle insurance
Referenced by
- CNBC
- Yahoo Finance
- Miami Herald
Education
- BS/BA Economics, University of Nevada Las Vegas
Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
