If you're new to Missouri or have owned your home for some time, it can be difficult to find the best homeowners insurance. You need to find an insurance company that provides the coverage you want at a price that you can afford. Comparing quotes and companies can be difficult because there are so many things to consider.
How much does home insurance cost in Missouri?
The average homeowners insurance rate in Missouri is $2,876 per year, which is higher than the national average. But that doesn't mean there isn't room for improvement - a few factors can make a big difference in your costs.
What you live in can impact your home insurance rates
Homes that are in areas with a high risk of tornadoes and severe storms can see higher home insurance rates. In contrast, homeowners' insurance rates could be lower if your home is in a remote area or you don't live within the tornado belt.
What are some of the most popular insurance companies for homeowners in Missouri
Allstate, Farmers and State Farm are some of the top Missouri homeowners insurance providers. Comparing them is important because each offers different protection levels and discounts.
Best Home Insurance in Missouri if you are a retired or current military member
USAA has a fantastic homeowners insurance for active duty and retired military. They have a customer satisfaction rating of 882 out of 1,000, which is the highest score among home insurance providers.
GEICO also offers a good home insurance plan in Missouri. The policy is 40% cheaper than the state average and offers a bundle of home and car insurance.
According to the NAIC's index, they have received three times the number of complaints as the average business.
Allstate is known for its excellent customer service but not so much when it comes down to offering the lowest home insurance rates in Missouri. Its annual cost is $896 which is 40% cheaper than the state average.
Many Missouri insurance companies offer bundles of coverage.
You should also look for companies who offer a variety of policies, including auto and home insurance. This will save you money on your monthly bills, and make it more likely for you to stay with that company.
If you want more information about the insurance provider, ask your agent. However, it's worth checking out their website. Some sites give you a quick summary of what the insurance company charges, offers and how simple it is to make a claim.
As well as these factors, the age and value of your home can influence its insurance costs. You should choose a policy that includes enough coverage for your home and its contents, while keeping your deductible to a reasonable level.
Flood insurance should be purchased if your home is in a high-risk area. Generally, flood insurance is not included as part of home insurance. However, it can be purchased independently.