Finding the best Missouri homeowners insurance can be difficult, whether you are a first-time homeowner or a long-time resident. It's important to choose a company who offers you the coverage you require at a cost you can afford. There are many factors to compare when you compare quotes and companies. It's best to know exactly what you want before you start.
Average Home Insurance Costs 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.
The location of your home can affect the cost of your home insurance
Home insurance rates can be higher for homes in areas at high risk of severe storms and tornadoes. On the other hand, if you're in a rural area or live outside of the tornado belt, you could see lower homeowners insurance rates.
What Are the Most Popular Homeowners Insurance Companies in Missouri?
Allstate, Farmers and State Farm are some of the top Missouri homeowners insurance providers. Each has a variety of discounts and offers different levels of protection, so it's important to compare them all.
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. Customer satisfaction is rated at 882 points out of 1,000. This is the highest amongst home insurance providers.
GEICO Missouri offers a quality home insurance program. The policy is 40% cheaper than the state average and offers a bundle of home and car insurance.
It has a NAIC complaint index of 3,07, which means that they get three more complaints than average.
Allstate's customer service is excellent, but its home insurance costs are not the lowest in Missouri. Its average annual cost is $896. That's 40% less than what the state average is.
Many Missouri Insurance Companies Offer Bundling Option
It's also a good idea to look for companies that offer multiple policies under one roof, such as auto and home insurance. You can save money by combining your auto and home insurance policies.
Ask your agent for additional information. You may also wish to visit the website of the insurance company. Some of these sites will give you a quick overview of how much they charge, what they offer and how easy it is to file a claim.
The value of a house and its age are also factors that can affect the cost of insurance. Your policy should include enough coverage for both your home and its contents. However, you should keep your deductible low.
Flood insurance should be purchased if your home is in a high-risk area. They are often not included in standard home insurance policies but can be purchased separately.