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're looking for a provider that can offer you the protection you need at an affordable price. Comparing quotes and companies can be difficult because there are so many things to consider.
The Average Cost of Home Insurance in Missouri
Missouri's average homeowners insurance cost is $2,876 annually, higher than the national rate. But that doesn't mean there isn't room for improvement - a few factors can make a big difference in your costs.
Home insurance rates are affected by where you live
Homes in areas where there is a high chance of severe weather and tornadoes may have higher 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?
Allstate, Farmers and State Farm are some of the top Missouri homeowners insurance providers. Each company offers different discounts and protection levels, so you should compare them.
Best Home Insurance for Military Personnel in Missouri
USAA provides a good homeowners insurance policy for current and retired members of the military. The highest customer satisfaction score of all home insurance companies is 882.
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.
According to the NAIC's index, they have received three times the number of complaints as the average business.
Allstate offers good customer service, however it does not offer the cheapest Missouri home insurance. Its average annual cost is $896. That's 40% less than what the state average is.
Most Insurance Companies in Missouri Offer Bundling Options
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 websites will give a quick overview on how much the company charges, what it offers, and how easy filing a claim is.
Insurance costs can be affected by a number of factors including the value of a home and its age. Choose a policy with enough coverage to cover your home and contents while keeping the deductible at a reasonable amount.
You should also purchase flood coverage if you live near a region prone to floods. Generally, flood insurance is not included as part of home insurance. However, it can be purchased independently.