The Best and Cheapest Home Insurance Companies in Ohio

Home insurance in Ohio costs an average of $1,214 per year, but cost is only one of the many factors that decide the best insurance policy for you. We collected thousands of quotes across hundreds of ZIP codes to help you compare the best companies based on cost, customer service and coverage.

Best cheap home insurance in Ohio

Cheapest home insurance quotes in Ohio

The average rate for home insurance in Ohio is $1,214 per year, which is around 20% cheaper than the national average of $1,516.

Best in Ohio for most people: Cincinnati Financial

Cincinnati Financial is the best Ohio home insurance company overall, providing exceptional customer service and affordable quotes. Coverage averages $529 per year, or $44 a month — this is 56% lower than the state average.

Cincinnati offers tiers of coverage, allowing you to choose how much protection you need. However, because the company offers very few add-ons, Cincinnati may not be the best fit if you want a highly customizable policy.

Cincinnati offers exceptional customer service, getting less than half of the complaints that is normal for a company of the same size. However, despite having highly rated customer service, online features are limited to paying bills online. The mobile app has many user complaints that many of the features don't work.

Cheapest home insurance in Ohio: Ohio Mutual

Ohio Mutual has the cheapest home insurance quote in the state at $484 per year, which is 60% cheaper than the state average.

To make your monthly rate even more affordable, Ohio Mutual offers a number of standard discounts. The most notable discount is for teachers, first responders and veterans.

While Ohio Mutual's website lets you make claims, pay bills and find agents, you can't get instant personalized rates online. However, the mobile app is well-rated, letting you save ID cards as well as pay your monthly bill.

Ohio Mutual offers a number of add-ons to give you extra protection, including:

Best for online experience: Nationwide

Nationwide has powerful online tools and a good monthly rate for homeowners in Ohio. At $904 per year, coverage is around 25% below the state average.

Nationwide has convenient online tools, letting you get automatic online quotes, pay bills or file claims online. Nationwide also has one of the best-rated insurance apps available, with 4.5 out of 5 stars on Apple's App Store.

Nationwide has fairly standard discount options, including for bundling or avoiding claims. You can extend your coverage by paying extra for add-ons like:

Best home insurance in Ohio for bundling: Allstate

Allstate has one of the more expensive home insurance quotes in Ohio, and at $1,040 per year, it's only around 14% cheaper than the state average. However, Allstate policies become much more affordable when you bundle home insurance with other policies.

Allstate can give 25% off for customers bundling home and auto insurance, which is at least 8% better than any other competitor. You could also qualify for a number of other discounts, including up to 5% off for using autopay or 20% off if you switch to Allstate and don't have any recent claims.

Ohio home insurance rates by city

Columbus, the biggest city in Ohio, has an average rate of $1,111 per year for home insurance. The second-largest city of Cleveland has an average rate of $1,078 per year, around 11% cheaper than the state average.

Average annual home insurance cost by city

Best home insurance companies in Ohio

This is thanks to their broad coverage options, many customizations and guidance through the claims process.

Most common home insurance risks in Ohio: Tornadoes and flooding

Ohio's flatlands and nearby lakes make tornadoes and flooding the most common perils for homeowners.

Tornadoes

Ohio experienced seven tornadoes in 2021, which caused over $4 million in property damage. Fortunately, wind and hail damage from tornadoes are covered by almost all home insurance policies.

Wind damage is covered by almost all policies, including 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.

Tornadoes often bring hail, but fortunately that damage is also covered by most home insurance policies. However, many companies have 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.

Flooding

Over 4,000 square miles of Ohio are covered in water, and the state is bordered by Lake Erie and the Ohio River. It's estimated that 98% of Ohio's counties could be impacted by damaging floodwater, including some of the state's biggest cities.

Standard homeowners insurance policies won't cover flood damage. You should consider buying flood insurance from a private insurer or the National Flood Insurance Program.

Frequently asked questions

Methodology

To find the best homeowners insurance in Ohio, we collected quotes from the top home insurers in the state.

We compared quotes for a typical home built in 1979 with a value of $193,900, matching the median home age and value of owner-occupied housing in Ohio, according to the latest U.S. Census data.

ValuePenguin's analysis 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 a combination of complaint data from the National Association of Insurance Commissioners (NAIC), the J.D. Power customer satisfaction survey and ValuePenguin's own editorial ratings.