We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.
So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Here is a list of our partners.
The Best Home Insurance in Ohio for 2023
The average cost of homeowners insurance in Ohio is below the national average.
Sarah Schlichter Lead Writer | Home insurance, renters insurance, pet insurance
Sarah Schlichter is a NerdWallet authority on homeowners, renters and pet insurance. Prior to joining NerdWallet, she spent more than 15 years in digital media as a writer, editor and spokesperson. Sarah enjoys delving into complicated topics and helping readers understand the ins and outs of their insurance coverage. She lives in the Washington, D.C., metro area.
Kayda Norman is a NerdWallet authority on auto insurance. She previously worked in communications at The Walt Disney Co. and as a web producer and writer at several health and fitness publications, including Health magazine. Her work has been featured in The New York Times, The Washington Post and USA Today.
Caitlin Constantine Assigning Editor | Home insurance, renters insurance, pet insurance
Caitlin Constantine is an assigning editor at NerdWallet, focusing on homeowners, renters and pet insurance. She has more than 15 years of experience in digital media, including as the deputy managing editor at The Penny Hoarder and as a digital producer for a 24/7 news station based in the Tampa Bay area. Caitlin enjoys exploring the ways technology can help people become better informed about the world. She currently lives outside Asheville, North Carolina.
Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
If you’re one of the roughly two-thirds of Ohioans who own their own home, you likely want to take good care of your investment. That means buying homeowners insurance that covers the most common disasters you’re likely to face in Ohio, such as winter weather and flooding. NerdWallet analyzed rates from companies across the state to find the best homeowners insurance options in Ohio.
Note: Due to underwriting practices and market volatility, some companies in this article may no longer write new policies in your area.
Why you can trust NerdWallet
Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate inaccuracies in pricing data and may update rates for accuracy as new information becomes available.
We include rates from every locale in the country where coverage is offered and data is available. When comparing rates for different coverage amounts and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.
Our sample homeowner had good credit, $300,000 of dwelling coverage, $300,000 of liability coverage and a $1,000 deductible.
The best homeowners insurance in Ohio
If you’re looking to buy homeowners insurance from a well-rated national brand, consider one of these insurers from NerdWallet’s list of Best Homeowners Insurance Companies.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
$1,000
Frankenmuth
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
$1,435
*USAA homeowners policies are available only to active military, veterans and their families.
More about the best home insurance companies in Ohio
See more details about each company to help you decide which is best.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Well-established insurer with a lengthy list of coverage options.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Fewer than expected
Pros
User-friendly website.
Agents offer personalized service.
Policies generally include extra coverage for your home’s structure.
Cons
Fewer discounts than some other insurers.
Includes more generous dwelling coverage in standard policies than many other insurers do.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Well-established insurer with a lengthy list of coverage options.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Fewer than expected
Pros
User-friendly website.
Agents offer personalized service.
Policies generally include extra coverage for your home’s structure.
Cons
Fewer discounts than some other insurers.
Includes more generous dwelling coverage in standard policies than many other insurers do.
America’s largest home insurer celebrated its 100th anniversary in 2022. One useful endorsement you can add to a State Farm policy is an inflation guard rider, which automatically increases your policy limits to ensure your coverage doesn’t fall short.
State Farm also offers a free Ting device as a perk for home insurance policyholders. Ting is a smart plug that monitors your home’s electrical network to help prevent fires.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Those seeking benefits like diminishing deductibles and claims forgiveness may want to consider Farmers.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Fewer than expected
Pros
Several standard features can help save money.
Less common coverage options are available.
Discounts for nonsmokers and members of certain professions.
Cons
Tends to be more expensive than many competitors.
Farmers’ three tiers of home insurance coverage make its policies suitable for a variety of homeowners.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Those seeking benefits like diminishing deductibles and claims forgiveness may want to consider Farmers.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Fewer than expected
Pros
Several standard features can help save money.
Less common coverage options are available.
Discounts for nonsmokers and members of certain professions.
Cons
Tends to be more expensive than many competitors.
Farmers’ three tiers of home insurance coverage make its policies suitable for a variety of homeowners.
Homeowners policies from Farmers may include two valuable types of insurance: extended dwelling and replacement cost coverage. Extended dwelling coverage gives you extra insurance for the structure of your house, while replacement cost coverage offers higher reimbursement for stolen or destroyed belongings.
Some Farmers policies also come with perks that can save you money. For example, with claim forgiveness, Farmers won’t raise your rate for a claim as long as you haven’t filed one within the past five years.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Best for homeowners who want to work with an agent.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Fewer than expected
Pros
Policies may include guaranteed replacement cost coverage.
Receives fewer complaints than expected for a company of its size.
Cons
No online quotes.
Provides guaranteed replacement cost coverage for the structure of your home.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Best for homeowners who want to work with an agent.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Fewer than expected
Pros
Policies may include guaranteed replacement cost coverage.
Receives fewer complaints than expected for a company of its size.
Cons
No online quotes.
Provides guaranteed replacement cost coverage for the structure of your home.
Based in Pennsylvania, Erie is a regional insurer that offers guaranteed replacement cost for the structure of your home. With this coverage, the company will pay to rebuild your home completely after a disaster, even if the amount exceeds your dwelling limit.
Have you got a car to insure, too? If you bundle your home and auto insurance with Erie, you could get a discount of around 20%. You may also be able to save if your home has certain safety and security features, such as smoke alarms or sprinkler systems.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Sells homeowners policies through local independent agents across the U.S.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Far fewer than expected
Pros
Many coverage options.
Far fewer complaints than expected for a company of its size.
Has special coverage packages for higher-value homes.
Cons
No online quotes.
Offers customizable homeowners insurance with special options for higher-value homes.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Sells homeowners policies through local independent agents across the U.S.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Far fewer than expected
Pros
Many coverage options.
Far fewer complaints than expected for a company of its size.
Has special coverage packages for higher-value homes.
Cons
No online quotes.
Offers customizable homeowners insurance with special options for higher-value homes.
Cincinnati Insurance sells homeowners policies through independent agents, with various options for standard and high-value homes. You may be able to add coverage for things like identity theft, personal cyberattacks or certain types of water damage.
Cincinnati may offer you a discount for bundling home and auto insurance, having a newer home, installing a centrally monitored alarm system or going a certain amount of time without filing a claim.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Small regional insurer that sells homeowners insurance through independent agents in select states.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Far fewer than expected
Pros
Many ways to customize your policy.
Draws very few consumer complaints for an insurer of its size.
Offers online claims filing and tracking.
Cons
Doesn't offer online quotes.
A strong choice for homeowners looking to get personalized coverage and service from a regional business.
Frankenmuth
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Small regional insurer that sells homeowners insurance through independent agents in select states.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Far fewer than expected
Pros
Many ways to customize your policy.
Draws very few consumer complaints for an insurer of its size.
Offers online claims filing and tracking.
Cons
Doesn't offer online quotes.
A strong choice for homeowners looking to get personalized coverage and service from a regional business.
Michigan-based Frankenmuth sells policies through local independent agents and has been in business since 1868.
You may save money on a Frankenmuth homeowners policy by bundling it with auto insurance, having protective devices in your home or going a certain amount of time without filing a claim. The company has two homeowners coverage packages — one for standard homes and one with extra features for higher-value houses.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Comprehensive coverage for homeowners in 19 states, mostly in the West and Midwest.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Fewer than expected
Pros
Many coverage options.
Discounts available for qualifying smart-home devices.
Fewer consumer complaints than expected for a company of its size.
Cons
May restrict liability coverage for certain dog breeds.
Strong customer satisfaction, lots of coverage options and discounts for smart-home devices.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Comprehensive coverage for homeowners in 19 states, mostly in the West and Midwest.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Fewer than expected
Pros
Many coverage options.
Discounts available for qualifying smart-home devices.
Fewer consumer complaints than expected for a company of its size.
Cons
May restrict liability coverage for certain dog breeds.
Strong customer satisfaction, lots of coverage options and discounts for smart-home devices.
Founded in Madison, Wisconsin, American Family receives fewer consumer complaints than expected for a company of its size, according to the NAIC. You may be able to customize your policy with optional add-ons such as identity theft, equipment breakdown or service line coverage, which pays for repairs to water, power or other underground lines that run to your house.
Homeowners may save on their premiums by installing smart-home devices, bundling multiple policies or setting up automatic payments.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
For shoppers seeking a broad range of coverage options, Nationwide may fit the bill.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Great set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Close to expected
Pros
Offers some coverage standard that other companies charge extra for.
Lots of discounts available.
Website offers lots of useful features and information.
Cons
Doesn't insure mobile or manufactured homes.
Nationwide's policies are widely available across the country and offer a variety of useful coverage choices. The company also has a robust list of discounts to help you save on your policy.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
For shoppers seeking a broad range of coverage options, Nationwide may fit the bill.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
More than average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Great set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Close to expected
Pros
Offers some coverage standard that other companies charge extra for.
Lots of discounts available.
Website offers lots of useful features and information.
Cons
Doesn't insure mobile or manufactured homes.
Nationwide's policies are widely available across the country and offer a variety of useful coverage choices. The company also has a robust list of discounts to help you save on your policy.
We like Nationwide for its wide variety of coverage options. For example, its standard homeowners insurance policy generally includes ordinance or law coverage, which can help pay to bring your home up to current building codes after a covered claim. In addition, you can add other coverage for things like identity theft and damage from backed-up sewers and drains.
Depending on how much personal assistance you need, you can get a quote for homeowners insurance on the Nationwide website or work with a local agent instead. You can also use the website to pay bills, file claims or check claim status.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
USAA offers perks and benefits for the military community.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
Below average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Far fewer than expected
Pros
Policies include standard coverage that often costs extra elsewhere.
Far fewer customer complaints to state regulators than expected for a company of its size.
Cons
Available only to active military members, veterans and their families.
Generous coverage and features for the military community.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
USAA offers perks and benefits for the military community.
Coverage optionsRatings are based on the number of coverage options a company offers in comparison to other insurers.
Below average
DiscountsRatings are based on the number of discounts a company offers in comparison to other insurers.
Average set of discounts
NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Far fewer than expected
Pros
Policies include standard coverage that often costs extra elsewhere.
Far fewer customer complaints to state regulators than expected for a company of its size.
Cons
Available only to active military members, veterans and their families.
Generous coverage and features for the military community.
USAA sells homeowners insurance to veterans, active military and their families. If you fall into one of those groups, you might want to look into USAA’s offerings. The company’s homeowners policies include some unique perks, such as deductible-free coverage for military uniforms and coverage for identity theft.
Homeowners in Ohio can participate in the company’s Connected Home program, which gives you a discount on your policy if you buy and install approved smart-home devices. These include water leak sensors, cameras and thermostats.
The average annual cost of home insurance in Ohio is $1,140. That’s 37% less than the national average of $1,820.
In most U.S. states, including Ohio, many insurers use your credit-based insurance score to help set rates. Your insurance score is similar but not identical to your traditional credit score.
In Ohio, those with poor credit pay an average of $2,775 per year for homeowners insurance, according to NerdWallet’s rate analysis. That’s 143% more than those with good credit.
Average cost of homeowners insurance in Ohio by city
How much you pay for home insurance in Ohio may vary slightly depending on where you live. For example, the average cost of homeowners insurance in Cincinnati is $1,170 per year. In Cleveland, homeowners insurance costs about $1,155 per year, on average.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
$1,025
Western Reserve
Not rated
$1,060
Frankenmuth
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account discounts, coverage options, website transparency, financial strength, complaint data and more.
With lake effect snow off Lake Erie, Ohio, homeowners are likely well aware of the perils of winter weather on their property. However, they may be less attuned to the risk of flooding, which homeowners insurance doesn’t typically cover. While uncommon, floods can be devastating, like the Ohio River flood of 2018.
Winter weather
Severe weather can cause serious damage to a home. Standard homeowners policies cover damage from problems you might encounter in the colder months, such as burst pipes or heavy snow and wind.
However, your policy won’t cover everything. You may find, for example, that you need separate flood insurance for flooding caused by melting snow. Or if a tree falls on your property in a storm, your insurer may pay to fix your home and remove the tree but not to replace it. Check your policy or contact your agent if you’re unsure about your coverage.
Flooding
Floods can wreak havoc on a home and rack up quite the bill and a standard homeowners policy won’t help you pay for it. Instead, you’ll need separate flood insurance. While your mortgage lender may require you to buy flood insurance if your home is in a high-risk area, even homes outside of traditional floodplains can experience flood damage.
To find out if you’re at risk, put your address into the Federal Emergency Management Agency's flood maps or visit RiskFactor.com, a website from the nonprofit First Street Foundation. Even if you have a low risk, it may be worthwhile to purchase flood insurance to protect yourself financially.
While you can buy flood coverage anytime, there is typically a 30-day waiting period before the insurance takes effect.
Although tornadoes are relatively rare in Ohio, they can cause significant destruction when they blow through. Homeowners insurance covers tornado damage, but because a twister can destroy your home, you’ll want to ensure you have enough dwelling coverage to rebuild the structure of your house entirely.
For example, if you have $200,000 of coverage and it costs $250,000 to rebuild due to inflation, you’ll be on the hook for that final $50,000. Call your insurance agent for help choosing the proper coverage limits.
Ohio insurance department
In Ohio, the Department of Insurance oversees the insurance industry. It’s where you can learn more about insurance regulations in the state or file a complaint against your insurance company. For direct assistance, you can call the agency toll-free at 800-686-1526.
The state does not legally require homeowners insurance, but your mortgage lender may require you to buy it.
How can I save money on Ohio home insurance?
Here are three ways to save money on homeowners insurance in Ohio:
Shop around to make sure you’re getting the best rate.
Choose a higher home insurance deductible. (A deductible is the amount of a claim you’re responsible for.) In case of any claims, you’ll pay more out of pocket, but your annual rates will be lower.
Bundle your home and auto insurance for an overall lower rate.
Does Ohio homeowners insurance cover flooding?
Standard homeowners insurance policies typically don’t cover flooding. That means you may want to buy separate flood insurance if you’re in a high-risk area.
Is home insurance required in Ohio?
The state does not legally require homeowners insurance, but your mortgage lender may require you to buy it.
How can I save money on Ohio home insurance?
Here are three ways to save money on homeowners insurance in Ohio:
Shop around to make sure you’re getting the best rate.
. (A deductible is the amount of a claim you’re responsible for.) In case of any claims, you’ll pay more out of pocket, but your annual rates will be lower.
Bundle your home and auto insurance for an overall lower rate.
Does Ohio homeowners insurance cover flooding?
Standard homeowners insurance policies typically don’t cover flooding. That means you may want to buy separate flood insurance if you’re in a high-risk area.
Amanda Shapland contributed to this story.
Methodology
NerdWallet averaged rates for 40-year-old homeowners from various insurance companies in every ZIP code across the state. All rates are rounded to the nearest $5.
Sample homeowners were nonsmokers with good credit living in a single-family, two-story home built in 1984. They had a $1,000 deductible and the following coverage limits:
$300,000 in dwelling coverage.
$30,000 in other structures coverage.
$150,000 in personal property coverage.
$60,000 in loss of use coverage.
$300,000 in liability coverage.
$1,000 in medical payments coverage.
We made minor changes to the sample policy in cases where rates for the above coverage limits or deductibles weren’t available.
We changed the credit tier from “good” to “poor,” as reported to the insurer, to see rates for homeowners with poor credit.
These are sample rates generated through Quadrant Information Services. Your own rates will be different.
Star rating methodology
NerdWallet’s homeowners insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints, coverages, discounts and online experience. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our full homeowners insurance rating methodology.
Complaint methodology
NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2019-2021. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance.