Find the Cheapest Homeowners Insurance Quotes in Your Area
We evaluated insurance quotes for a sample 2,000 square foot home in 93 cities in the state of Missouri in order to determine which cities had the highest and lowest annual home insurance costs. Based on this sample property, Missouri homeowners pay on average $2,434 per year for home insurance. Home insurance prices in Missouri vary by over 45% between the cities in our study. Below we profile a few cities in the state of Missouri. Read more about our findings, or use our quote tool above to find homeowners insurance quotes in your area.
- Cheapest Home Insurance Companies
- Homeowners Insurance Rates in Missouri's Largest Cities
- Top 5 Least Expensive Cities for Home Insurance In Missouri
- Top 5 Most Expensive Cities for Home Insurance in Missouri
- Do Missouri Homeowners Need Flood Insurance?
Cheapest Home Insurance Companies in Missouri
We gathered quotes for our sample home across 93 cities from State Farm, Farmers, Allstate and Nationwide. Quotes from each company were averaged to find which insurance companies had the least expensive home insurance rates in Missouri. The graph below shows the average annual costs to insure our sample home by company alongside the state average:
Find the Cheapest Homeowners Insurance Quotes in Your Area
Homeowners Insurance Rates in Missouri's Largest Cities
We evaluated homeowners insurance rates across the largest cities in Missouri. Our study implemented control variables to gather quotes that can be compared to one another. On average, homeowners in the ten largest cities pay 7% less than the rest of the state on homeowners insurance. The cost for home insurance in the ten largest cities was an average of $2,275 per year.
Kansas City, MO
Kansas City, also known as the “City of Fountains”, is the most populous city in the state of Missouri. The city boasts a population of approximately 460,000. Kansas City ranks in the bottom quartile of Missouri’s safest places to live, which contributes to the high home insurance rates in the city. The average cost of home insurance in Kansas City was $2,689 per year, which is $255 greater than the state mean.
State Farm offered the most affordable home insurance quote in Kansas City at an annual cost of $1,896. Farmers, the most expensive insurer in the city based on our study, quoted our sample home an annual cost of $4,181, or $2,285 higher than State Farm. Allstate and Nationwide offered home insurance quotes of $2,327 and $2,353, respectively.
Saint Louis, MO
The city of Saint Louis (St.Louis), commonly identified with the Gateway Arch, is the second most populous city in the state of Missouri. Saint Louis is home to the Cardinals and the Saint Louis Blues, both of which are professional sports teams. Residents of Saint Louis pay an average of $2,011 for homeowners insurance annually, which is 17% less than the state average.
Home insurance rates in Saint Louis vary by as much as $1,541. The most affordable rates in the area are offered by Nationwide at $1,145. The second most affordable rates are offered by State Farm at $1,854, or $709 greater than Nationwide’s quote. Saint Louis ranks as the sixth most affordable city for homeowners insurance in the state of Missouri.
Springfield is the third most populous city in Missouri. The city is home to the Springfield R-12 School District, which is Missouri’s largest accredited school system. Additionally, Springfield is home to Missouri State University and Drury University. Based on our research, the average homeowners insurance quote in the city was $2,054. Residents of Springfield pay 16% less for their homeowners insurance than the state mean.
All quotes gathered in Springfield were lower than the state average of $2,434 with the exception of Allstate which offered a quote of $2,489. The cheapest homeowners insurance quote offered in Springfield was given by State Farm at $1,671 annually. The city of Springfield is the ninth most affordable city for home insurance across the state of Missouri.
The city of Independence is located near the shore of the Missouri River and is the fourth largest city in the state. Independence is over 78 square miles large and offers its residents 727 acres of park space. Over 30% of Independence’s workforce has a post-high school education, which is higher than the state average. The average annual homeowners insurance quote in Independence was $2,286 per year, which is 6% less than the state mean.
If you’re looking for affordable home insurance rates in Independence then we suggest starting with State Farm which quoted our sample home a cost of $1,698 annually. Farmers offered the least affordable rate at $2,656 per year, which is $958 greater than State Farm. Independence is near the top third for affordable home insurance rates in Missouri, ranking at 32th most affordable of the 93 cities in our study.
Columbia, located east of the Missouri River, is the fifth largest city in Missouri. Top employers in the area include the University of Missouri, the University Hospital and Clinics, and Columbia Public Schools. The unemployment rate in Columbia is just 2.2%, which is below the national average. The mean home insurance rate in Columbia was $2,520, which is $86 greater than the state average.
Farmers quoted the most expensive rate in Columbia at $3,323 annually. That is $1,385 greater than the quote of $1,938 provided by State Farm, the most affordable insurer in the area. Homeowners in the city of Columbia pay on average 4% more on their home insurance when compared to the state mean.
Lee’s Summit, MO
Lee’s Summit is the sixth most populous city in the state of Missouri and is located approximately 125 miles east of Kansas City. Top employers in the area include educational institutions and healthcare facilities. The average home insurance price quoted for residents of Lee’s Summit is $2,596.
State Farm and Allstate quoted our sample home an annual home insurance cost of $1,706 and $2,181, respectively. Nationwide offered a quote of $2,505, which is $799 and $324 greater than the quotes offered by State Farm and Allstate. Residents of Lee’s Summit pay 7% more on average for their home insurance than the state mean.
O’Fallon is the seventh largest city in the state of Missouri. The city of O’Fallon benefited from its early implementation of a railroad system. The railroad system laid in place in the early 1800’s is still operating today. Our research found that the average home insurance premium in O’Fallon was $2,353, which is $81 less than the average in the state of Missouri.
State Farm offered a quote of $1,581, which is $472 cheaper than the rate of $2,053 offered by Nationwide. Allstate quoted the least affordable rate at $3,112. Home insurance quotes in O’Fallon varied by $1,531.
Saint Joseph, MO
Saint Joseph, the eighth largest city in Missouri, originally expanded mainly due to its meatpacking industry. With population growth the city was able to gain a foothold in other industries such as factories, stockyards, and railroads. The city resides near the Missouri-Kansas border and features the Missouri River to the west. We found the mean annual home insurance cost in Saint Joseph to be $1,930. On average, residents of Oakland pay 21% less for their home insurance than the rest of the state.
Nationwide offered the lowest quote from the insurance companies samples at an annual cost of $1,115. The next most affordable home insurance quote was given by State Farm at $1,841, which represents a $726 increase from Nationwide’s quote. Saint Joseph ranks as the second most affordable city in the state of Missouri for home insurance.
Saint Charles, MO
Saint Charles, originally named Les Petites Cotes, was founded in 1769 and serves as the ninth largest city in the state of Missouri. Saint Charles was heavily influenced by early German settlers who brought unique wine and food to the region. Today tourism plays a major role in Saint Charles’s economy. The city had an average homeowners insurance rate that was 23% lower than the state mean. Residents pay an average of $1,868 a year for homeowners insurance.
Nationwide offered the lowest quote in the city at a cost of $1,518. The second most affordable homeowners insurance quote gathered was offered by State Farm at $1,619. Saint Charles had the most affordable home insurance rates of all 93 cities in our study within the state of Missouri.
Blue Springs, MO
Blue Springs is the tenth largest city in Missouri. The city features several lakes in close proximity including Lake Jacomo, Blue Springs Lake, and Lake Tapawingo. Early pioneers named the city Blue Springs for its abundance of clean water. Blue Springs has an average annual home insurance cost of $2,441, which was just $7 greater than the state average.
State Farm quoted the cheapest home insurance quote in the area at $1,602. Nationwide offered the most expensive home insurance quote at $3,091, which is $1,489 greater than State Farm’s quote. Blue Springs ranks near the middle when it comes to affordable home insurance rates in Missouri.
Least Expensive Homeowners Insurance in Missouri: by City
The graph below shows the five most affordable cities of all 93 cities which were part of this study. The cities are listed in order of mean price starting with the lowest average home insurance quote and ascending. The figures listed in the graph represent the average home insurance rate in each city. Saint Charles is the cheapest city in Missouri for homeowners insurance. Residents pay $1,868 annually on average, which is $566 lower than the state average.
Saint Charles, MO
As previously mentioned, Saint Charles is the most affordable city in the state of Missouri for homeowners insurance. On average, residents pay 23% less for their homeowners insurance policy than the next most affordable city in Missouri, Saint Joseph. Farmers offered a home insurance quote of $2,513, which represents the only quote gathered in Saint Charles which was greater than the state mean.
Saint Joseph, MO
Saint Joseph offers the second most affordable homeowners insurance rates in the state of Missouri. The mean home insurance quote in the city was $1,930, which is 21% cheaper than the state average. The most affordable quote in Saint Joseph was offered by Nationwide at $1,115 annually.
Ellisville ranks as the third least expensive city in Missouri for homeowners insurance. The average home insurance quote gathered for the city of Ellisville was $1,944, which is $490 less than the state mean. On a percentage basis, this represents a 20% discount.
Lebanon offers the fourth most affordable home insurance rates in the state of Missouri. Residents pay on average $1,969 per year, which is $465 less than the state average. The lowest rate in the city was offered by Farmers at $1,739.
Jefferson City, MO
Jefferson City is ranked the fifth least expensive city in Missouri for home insurance. On average, residents pay $2,009 for home insurance, which represents a 17% lower rate when compared to the state mean. On an annual basis, residents save $425 on homeowners insurance versus the state average.
Most Expensive Homeowners Insurance in Missouri: by City
The graph below shows the five least affordable places of all 93 cities which were part of this study. The cities are listed in order of price starting with the highest average rate and descending. The figures listed represent the average home insurance rate in each city. The most expensive city for homeowners insurance was Eminence where our research found an average annual rate of $3,435, which is $1,001 higher than the state average.
Do Missouri Homeowners Need Flood Insurance?
Homeowners insurance generally does not cover flooding damage, so any Missouri homeowner looking to protect their dwelling and personal belongings from floods will have to purchase a separate flood insurance policy. The average cost of flood insurance in Missouri is $1,071 per year.
Flood insurance will only be a required purchase if either:
- Your lender requires it, or
- You live in an area designated as a Special Flood Hazard Area (SFHA) by the federal government and you have a mortgage from a from a federally regulated or insured lender.
You can find out your flood area by entering your address into the FEMA Flood Map Service Center. Whether or not flood insurance is required, we generally recommend its purchase as extra security against the potential costs of flood damage.
If you live in a moderate-to-low risk area, and your lender doesn't mandate you hold flood insurance, you won't be required to purchase it. And most homeowners in Missouri haven't bought a policy. Missouri has approximately 21,000 flood insurance policies in force versus a total of 1.6 million owner-occupied housing units. This means that less than 2% of the state's homeowners have a flood insurance policy. By contrast, approximately 84% have a home insurance policy.
|Owner-occupied housing units||Home insurance policies in force (share of housing units)||Flood insurance policies in force (share of housing units)|
|1,633,610||1,366,987 (84%)||21,503 (1.3%)|
If you live in a moderate-to-low risk flood zone, we still recommend purchasing flood insurance for extra security. More than 20% of flood insurance claims come from properties outside of high-risk zones, so your property may still be vulnerable. And homeowners in these zones may qualify for savings with a Preferred Risk Policy, which can be purchased for as little as $108 per year, depending on coverage levels.
We studied 93 cities, spread out geographically all throughout the state of Missouri. The sample home we looked at was built in the year 2000 and had 2,000 square feet. The property cost $200,000 and had an attached garage. Quotes for this home were obtained from State Farm, Farmers, Allstate and Nationwide insurance companies. The rates were then averaged to arrive at an average value for each city. To see an alphabetical list of all the cities included in the comparison analysis, please see below. We've displayed all cities from Ashland to Webster Groves with the average annual cost of insurance for the benchmark property and how much each city costs relative to the statewide average.
|Rank||City||Average Insurance Rate||Cost Compared to Average|
|41||El Dorado Springs||2,350||-3%|