You may be a new homeowner, or you might have lived in your house for some time. Finding the right homeowners insurance in Missouri is not easy. You want to find a company that offers the coverage you need at a price you can afford. Comparing quotes and companies can be difficult because there are so many things to consider.
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.
What you live in can impact your home insurance rates
Homes in areas where there is a high chance of severe weather and tornadoes may have higher 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 the top home owners insurance companies in Missouri?
Allstate Farmers USAA State Farm and State Farm are amongst the most popular Missouri homeowners' insurance companies. 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 offers a great homeowners insurance policy to current and retired military members. It has the highest rating among home insurers, 882 out 1000.
GEICO Missouri also offers a decent home insurance policy. Their policy is 40% less expensive than the statewide average, and they also offer a home and auto insurance bundle.
It has a NAIC complaint index of 3,07, which means that they get three more complaints than average.
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.
Many Missouri insurance companies offer bundles of coverage.
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. You can save money by combining your auto and home insurance policies.
It is always possible to ask an insurance agent more details, but you might also want to look at the company's site. These sites can give you an overview of the company's services, pricing and claims process.
As well as these factors, the age and value of your home can influence its insurance costs. Choose a policy with enough coverage to cover your home and contents while keeping the deductible at a reasonable amount.
Flood insurance is also recommended if you live in an area prone to flooding. Generally, flood insurance is not included as part of home insurance. However, it can be purchased independently.