Finding the best Missouri homeowners insurance can be difficult, whether you are a first-time homeowner or a long-time resident. You need to find an insurance company that provides the coverage you want at a price that 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 Rates in Missouri
Missouri's average homeowners insurance cost is $2,876 annually, higher than the national rate. There is still room for improvement. A few factors can have a significant impact on your insurance costs.
Where You Live Can Affect Your Home Insurance Premiums
Homes that are in areas with a high risk of tornadoes and severe storms can see higher home insurance rates. Homeowners insurance costs can be reduced if you are in a rural location or do not live near a tornado belt.
What Are the most popular homeowners insurance companies in Missouri
Some of the most popular homeowners insurance companies in Missouri include Allstate, Farmers, USAA and State Farm. It's important that you compare all of them because they offer different discounts and levels of coverage.
Best Home Insurance in Missouri for Current and Retired Military Members
USAA has a fantastic homeowners insurance for active duty and retired military. It has the highest rating among home insurers, 882 out 1000.
GEICO Missouri offers a quality home insurance program. Their policy is 40 percent cheaper than average for the state, and they offer both home and auto coverage.
They've got a 3.07 complaint index from the NAIC, which means they receive three times as many complaints as the average company.
Allstate offers good customer service, however it does not offer the cheapest Missouri home insurance. Its annual cost is $896 which is 40% cheaper than the state average.
Most Insurance Companies in Missouri Offer Bundling Options
Also, it's a good idea for you to find companies that have multiple insurance policies available under one roof. For example, auto and homeowners insurance. This is a good way to save money on your monthly insurance bills and also makes it more likely that you will stay with the company.
You can always ask your insurance agent for more information, but you may also want to check out the company's website. You can get a quick look at the website to see how much it charges, what services they provide and how easy they make it to file a complaint.
Insurance costs can be affected by a number of factors including the value of a home and its age. 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 is also recommended if you live in an area prone to flooding. Usually, these are not included in home insurance policies, but can be purchased separately.