Find the Cheapest Homeowners Insurance Quotes in Your Area
ValuePenguin researched insurance quotes for a sample 2,000 square foot home in 135 cities in the state of Ohio in order to determine which cities had the highest and lowest annual home insurance costs. Based on this sample property, Ohio homeowners pay on average $1,245 per year for home insurance. Our research shows that there are significant price differences between home insurance rates in different cities. Below we profile several cities in the state of Ohio and discuss our research findings. Read more below, or use our quote tool above to start finding personalized homeowners insurance quotes.
- Best Homeowners Insurance Companies in Ohio
- Cheapest Homeowners Insurance Companies
- Homeowners Insurance Rates in Ohio's Largest Cities
- Top 5 Least Expensive Cities for Home Insurance In Ohio
- Top 5 Most Expensive cities for Home Insurance in Ohio
Best Homeowners Insurance Companies in Ohio
The best home insurance companies on Ohio combine extensive coverage features, reasonable prices, financial stability and strong customer service. Emphasizing customer service, we've ranked the biggest homeowners insurance companies in the Buckeye State by customer complaints. By this criteria, the best homeowners insurance companies in Ohio are Westfield, Grange Mutual and USAA. The worst home insurance companies in Ohio are American Family, Allstate and Nationwide.
|Rank||Company||Market share||Complaint ratio|
|3||Liberty Mutual (Safeco)||8.7%||0.25|
|5||Grange Mutual Casualty Co.||5.7%||0.12|
|8||Cincinnati Financial Corp.||3.7%||0.26|
Find the Cheapest Homeowners Insurance Quotes in Your Area
Ohio saw some of the most satisfied home insurance customers of any state, with nine of the 10 of largest companies garnering a customer complaint ratio well below the national median of 1.0. In fact, these nine companies all scored a ratio of below 0.50, indicating customer service far better than average. The only exception was American Family, which rated as slightly worse than the national median for customer complaints.
Cheapest Homeowners Insurance Companies in Ohio
We obtained quotes for our sample $200,000 house across 135 cities from State Farm, Allstate and Nationwide. We averaged quotes from each company across the 135 cities to find which companies had the most affordable homeowners insurance rates in Ohio. The graph below shows the average annual premiums for our sample 2,000 square foot home by company:
Homeowners Insurance Rates in Ohio's Largest Cities
Our researchers evaluated homeowners insurance rates across the most populous cities in Ohio. Our study implemented constant variables to gather quotes that can be compared to one another. On average, the homeowners in the ten largest cities pay 10% less than the rest of the state on homeowners insurance. The cost of insuring our sample home in these regions was $1,126 per year.
Columbus is the largest city in the state of Ohio and serves as the state capital. Columbus has been listed as one of the best cities for small businesses. The city is home to a few professional sports teams, including the Columbus Blue Jackets of the NHL and the Columbus Crew SC of the MLS. Average home insurance costs in Columbus were found to be $1,412 per year, which is 13% more expensive than the state average.
If you're looking for cheap homeowners insurance in Columbus, we suggest starting with State Farm. The average annual home insurance quote in Ohio was $1,245. State Farm quoted an annual rate of $1,282 for a homeowners insurance in Columbus, which provides $168 in savings over Nationwide, the next cheapest option. Of the 135 cities in the research study, Columbus ranked in the bottom quartile of the most affordable cities for home insurance.
Cleveland, the second largest city in the state of Ohio, is situated on the shore of Lake Erie. The city is home to the Rock and Roll Hall of Fame, which recognizes influential musicians, composers, engineers and notable figures in the genre of Rock and Roll. Cleveland was one of America’s most important industrial cities. Homeowners in Cleveland pay $978 for home insurance annually, on average. Homeowners insurance rates in Cleveland are 21% lower than the state average.
Home insurance premiums in Cleveland vary widely by provider. Nationwide quoted the lowest rate at $769 annually and State Farm quoted the highest at $1,099. Cleveland has the seventh most affordable home insurance rates in the state of Ohio.
Cincinnati is the third largest city in the state of Ohio with an approximate population of 297,000. Downtown Cincinnati is home to Fountain Square, a city square that features hotels, offices and shopping areas. There are eight Fortune 500 companies located in the city of Cincinnati. Based on our study, the average homeowners insurance quote in the city was $937. This figure represents a 25% discount when compared to the state average.
Allstate quoted the lowest home insurance rate in the city at $852 annually. Nationwide offers the next cheapest quote, which is only $2 more when compared to the quote offered by Allstate. Residents of Cincinnati pay $309 less than the state average for home insurance.
This northeastern Ohio city is the fourth largest in the state of Ohio with approximately 287,000 residents. Historically, Toledo was a part of Michigan until the Michigan-Ohio War in the mid-19th century. Toledo would eventually become a city in Ohio. Toledo’s average annual home insurance quote was $1,386 per year, which is 11% higher than the state average.
Allstate quoted the most affordable home insurance rate in the city with an annual cost of $1,250. The average resident pays $140 more when compared to the state average. State Farm offered the most expensive quote at $1,535 per year.
Akron is the fifth largest city in the state of Ohio. The city is situated approximately 40 miles south of Cleveland. Akron was one of the fastest growing cities in America in the early 20th century. The growth was fueled by the city’s rubber industry. The average homeowners insurance rate in Akron was $1,117, which is $128 less than the state average.
State Farm quoted the most expensive rate in Akron at $1,408 annually. That is $611 more expensive than the quote of $797 provided by Nationwide. On average, homeowners save 10% on their home insurance when compared to the state mean.
Dayton, the birthplace of one of the Wright brothers, is the sixth most populous city in the state of Ohio. Dayton is home to over 2,500 manufacturing companies. The average home insurance quote for our sample home in Dayton was $1,128, which is 9% more affordable than the state average.
Nationwide quoted the lowest rate at $913 per year. The highest rate of $1,404 was offered by State Farm, which represents a $491 increase from the lowest rate provided by Nationwide.
Parma, located only 10 miles south of Cleveland, is the seventh largest city in the state of Ohio. Parma’s population boomed after World War II as residents of Cleveland migrated into the suburbs. Our study found that the average homeowners insurance premium in Parma was $932, which is $313 less than the state average.
The city boasts the second lowest average home insurance rate in the state. State Farm offered the lowest quote for our sample home at a cost of $898. All quotes gathered for Parma were below the state average.
Canton, home of the Pro Football Hall of Fame, is the eighth largest city in the state of Ohio. Originally a manufacturing center, Canton now has a multitude of industries including finance, healthcare and education. We found the average annual home insurance cost to be $1,209. Canton’s home insurance costs are 3% less than the state average.
Home insurance rates offered in Canton vary by only $125 amongst the companies in our study. The cheapest homeowners insurance rate in Canton was quoted by Nationwide at $1,135 per year. The next most affordable option was quoted by State Farm at $1,232.
Youngstown is located near the Ohio-Pennsylvania border and is the ninth largest city in the state of Ohio. This city has average homeowners insurance rates that are 7% lower than the state mean. Youngstown residents pay on average $1,152 a year for homeowners insurance.
Nationwide offered the lowest quote in the city at a cost of $1,016. The second most affordable homeowners insurance quote gathered was offered by Allstate at a premium $1,115. State Farm offered the most expensive quote at $1,326 per year, which is $310 more than Nationwide.
Lorain is the tenth most populous city in the state of Ohio. The city sits on the shore of Lake Erie, west of Cleveland. The average homeowners insurance rate in Lorain is $1,012. The average annual rate for homeowners insurance in Lorain is $234 lower than the state average of $1,245.
Allstate quoted the most expensive rate in Lorain at $1,078 annually. That is $144 more expensive than the quote provided by State Farm, the most affordable homeowners insurance quote in the area. State Farm quoted our sample home an annual home insurance rate of $934.
Least Expensive Homeowners Insurance in Ohio: by City
The graph below shows the five most affordable cities of all 135 cities which were part of this study. The cities are listed in order of average price starting with the lowest rate and ascending. The figures listed in the graph represent the average home insurance rate in each city. Westlake is the cheapest city in Ohio for homeowners insurance. Residents pay $917 annually on average, which is $329 lower than the state average.
Westlake boasts the most affordable home insurance rates in the state of Ohio. The average cost for homeowners insurance in Westlake is $917. This represents a discount of 26% when compared to the state average in Ohio.
Parma has the lowest average home insurance rates of the ten largest cities in the state of Ohio. The average home insurance quote in the city was $932, which is 25% cheaper than the state average.
As previously mentioned, Cincinnati offers low-cost homeowners insurance rates. The city boasts the third lowest average annual home insurance rate in the state at $937. Every individual quote collected in Cincinnati was lower than the state average.
Cortland offers the fourth most affordable home insurance rates in the state of Ohio. Residents pay on average $949 per year, which is $296 less than the state average. The lowest rate in the city was provided by Nationwide at $896 per year.
Mason is ranked the fifth least expensive city in Ohio for homeowners insurance. On average, residents pay $953 for home insurance, which represents a 23% lower rate when compared to the state mean. On an annual basis, residents save $292 on homeowners insurance versus the state average.
Most Expensive Homeowners Insurance in Ohio: by City
The graph below displays the five most expensive cities of all 135 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 is Jackson where our research found an average annual rate of $1,813, which is $568 higher than the state average.
ValuePenguin studied 135 cities, spread out geographically all throughout Ohio. 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, Allstate, and Nationwide insurance companies. The rates were then averaged to arrive at a mean 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 Ada to Zanesville 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|
|132||Washington Court House||1,684||35%|