COVID-19 Update: If you're thinking about home insurance in the context of coronavirus, see below for information on how it affects Missouri homeowners.
The best home insurance policy is one that strikes the right balance of affordability, reliability and coverage. To help homeowners in Missouri find the right provider, we gathered hundreds of quotes across the state and evaluated a dozen major companies based on their record of meeting customer needs.
Compare Home Insurance Quotes from Providers in Missouri
We found that the cheapest rate for a typical home insurance policy in Missouri was $1,123. However, our research also indicated that "cheapest" doesn't necessarily mean "best" when it comes to homeowners insurance. We've highlighted a number of top-quality insurers in Missouri for a range of different needs.
Best for most homeowners: Shelter
Best for low rates: AAA
Best national insurer: Travelers
Best for military families: USAA
The best homeowners insurance companies in Missouri
We've performed an in-depth review of the top homeowners insurance companies in Missouri, analyzing their prices, coverage options, customer service and more. We've made a primary pick that we think is the best choice for most homeowners, alongside additional choices for those with more specialized insurance needs.
Best for most people: Shelter Insurance
The home insurance company we recommend to most Missouri homeowners is Shelter insurance. Shelter offered very affordable prices across the state: At an average price of $1,179, its rates were 38% cheaper than the typical price across Missouri ($1,914 annually). Shelter also provides a surprising variety of coverages for a smaller insurance company, such as debris removal, and coverage for necessary repairs after a loss.
We also found that Shelter has good customer service: With a complaint index of 0.30 from the National Association of Insurance Commissioners (NAIC), Shelter receives only 30% as many complaints as would be expected for an insurance company of its size.
The biggest drawback of Shelter is that the company's online tools are somewhat limited. Most importantly, you can't get a quote online; you have to talk to an agent to find out what you'll pay. You can start the process of filing a claim online, but you'll usually have to speak with an agent to complete the process.
Best for lowest rates: AAA
We recommend AAA Insurance for Missouri homeowners who are focused on finding the absolute lowest prices for their home insurance policy. Statewide, AAA provided a very low average cost of $1,123. That's 41% less expensive than the statewide average, though its average prices were only $56 less expensive than our overall top pick.
Unsurprisingly, AAA also offers a good home/auto insurance bundle to its customers. AAA claims its customers can save up to 25% on home insurance and 12% on auto insurance by bundling their policies together.
However, as an auto-focused company, AAA doesn't have as wide a variety of home insurance coverage options as our main pick. Its customer service isn't as good, either: It has a 0.62 complaint index from the NAIC. That's still below the national average but not as good as Shelter.
Finally, AAA doesn't offer homeowners insurance quotes online, so you'll need to work with an agent in order to find your rates.
Best national insurer: Travelers
Travelers is the best option for Missouri homeowners who want to buy their insurance from a large, national insurer. Travelers has superior financial stability and a full suite of online capabilities — including getting a quote and filing a claim.
Travelers also had the best prices of any large home insurer in Missouri, though its prices were not as affordable as our top two picks. We found a statewide average price of $1,600 per year from Travelers, 16% less than the overall average across all insurers.
Travelers is a good choice if you feel more comfortable buying insurance from a big name — after all, part of the benefit of insurance is the peace of mind it provides. As a national insurer, Travelers has a more diverse risk pool than smaller regional insurers. Even if a major storm requires large payouts across a significant portion of Missouri, Travelers' revenue from other states will help the company stay on top of its losses. Travelers also has an A++ financial strength rating from A.M. Best, meaning it has a "superior" ability to pay out claims in any situation.
Best for Military Families: USAA
USAA is the best homeowners insurer for members of the military and their families. USAA has affordable rates and great customer service, alongside a few special coverage options that should be particularly appealing to people in the military. For example, USAA covers your personal property even if you're in a war zone, which most insurers don't cover — that's no small consideration for soldiers on active duty. And while you're on active duty, USAA waives your deductible for your uniform, too
The average rate we found from USAA was $1,457 per year, or 24% cheaper than the typical price in Missouri. The company also has an impressive 0.36 complaint index, and J.D. Power gave it a perfect 5/5 satisfaction score.
The biggest drawback to USAA is its eligibility requirements. In order to buy insurance from USAA, you have to have served in the military, or you must be the immediate family member (spouse or dependent) of someone who has had USAA insurance.
The best-reviewed homeowners insurance companies in Missouri
J.D. Power rating
|Automobile Club of Missouri||0.62||4/5||A-|
|Missouri Farm Bureau Insurance||0.23||--||A-|
The cheapest options for homeowners insurance in Missouri
We collected thousands of home insurance quotes across Missouri to find which insurance company offers the lowest price in the state. AAA/Automobile Club of Missouri had the cheapest average price overall, with an annual premium of just $1,123 per year. However, Shelter's prices were only a few dollars more, with a typical annual cost of $1,179.
Compare Home Insurance Quotes from Providers in Missouri
The most common home insurance perils in Missouri
Like other states in the Midwest, Missouri's most common regional insurance perils relate to seasonal storms: thunderstorms and tornadoes in the summer, and snowstorms in the winter. Damage from some of these are covered by standard home insurance policies, but some types of damage require a separate policy or endorsement.
Is wind damage from tornadoes covered by home insurance?
Tornadoes are a common occurrence in Missouri — it had 48 tornadoes in 2018. Fortunately for homeowners, wind damage from tornadoes and other storms is almost always covered by home insurance. Wind damage is one of the 16 home insurance perils that almost all home insurance policies cover, and you're protected whether the wind tears shingles off your roof, breaks windows or knocks a tree onto your house.
You can also protect yourself against wind damage by taking a few simple steps:
- Trim trees that hang over or are near your house or garage
- Ensure your roof's shingles are secure enough
- Secure lawn furniture before a storm
- Install storm shutters on windows
Is snow damage covered by home insurance?
During the wintertime, one of the more frequent sources of damage to Missouri homes is snowstorms. The most common ways winter weather damages homes are unexpectedly heavy snowfalls on roofs and melting and refreezing ice cracking gutters.
Snow damage is typically covered by homeowners insurance, though. This also includes collapsing trees. The only exception is if the damage is due to negligence on your part: for example, if an insurance adjuster determines your roof wasn't installed properly.
Is flood damage covered by home insurance?
Flooding isn't as common in Missouri as it is in coastal states, but damage may still be a concern for homeowners who live near major rivers, like the Mississippi or Missouri. Unfortunately, damage due to flooding is almost never covered by homeowners insurance. However, you can protect against the cost of flood damage by purchasing a separate flood insurance policy.
Flood insurance is sold in two types: the National Flood Insurance Program (NFIP), which is backed by the federal government, and policies sold completely privately. NFIP flood insurance and private insurance policies are both usually sold through private companies.
The most important differences are that you can't be rejected for an NFIP flood policy due to high risk, but a private policy may offer more flexibility when it comes to coverage limits and monthly insurance. Private flood insurance policies also generally have a shorter waiting period than the 30 days you're required to wait for NFIP flood insurance.
Coronavirus and Missouri homeowners insurance
The Missouri Department of Insurance has "strongly encouraged" home insurance companies (along with all other types of insurance) not to cancel policies during the coronavirus pandemic , and to offer a grace period to homeowners who are having trouble paying their bills.
This is only a recommendation, not a requirement, so if you're having trouble paying your home insurance bill, make sure to contact your insurance company before you miss a payment — don't assume you're in the clear until the pandemic is over.
Another unfortunate negative consequence of the COVID-19 pandemic is that you may have a harder time reaching your insurance company. Claims may take longer to process, and you may not get an in-person visit from a claims adjuster — instead, you're likely to submit your claim virtually.
Missouri insurance rates: City-by-city breakdown
In addition to doing an analysis of the statewide cost of home insurance in Missouri, we calculated the cost of coverage in 77 of Missouri's largest cities. For each city, we've supplied the average annual cost, as well as how it compares to the statewide average price.
% Difference from state average
For those considering a move out of state, we've also provided a national overview of home insurance rates.
We collected thousands of home insurance from eight of the top insurance companies in Missouri, across every ZIP in the state. Our sample home was built in 1975, with $156,700 of dwelling coverage.
The insurance companies we surveyed are:
- State Farm
- American Family
- Liberty Mutual
- Automobile Club of Missouri
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.