Whether you're a new homeowner or have been in your home for a while, finding the best homeowners insurance in Missouri can be tricky. You want to find a company that offers the coverage you need at a price you can afford. But there are a lot of factors to consider when comparing quotes and companies, so it's important to know what you're looking for before you get started.
Average Home Insurance Rates in Missouri
Missouri's average homeowners insurance cost is $2,876 annually, higher than the national rate. However, this doesn't mean you can't save money.
Home insurance rates are affected by where you live
Homes located in areas that have a higher risk of tornadoes or severe storms could see a rise in their home insurance premiums. 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
Some of the most popular homeowners insurance companies in Missouri include Allstate, Farmers, USAA and State Farm. Comparing them is important because each offers different protection levels and discounts.
Best Home Insurance in Missouri for Current and Retired Military Members
USAA provides a good homeowners insurance policy for current and retired members of the military. Their customer satisfaction rating is 882 out 1,000 which is the best among home insurance providers.
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 is known for its excellent customer service but not so much when it comes down to offering the lowest home insurance rates in Missouri. Its annual cost is $896 which is 40% cheaper than the state average.
Many Missouri insurance companies offer bundles of coverage.
A good idea is to search for insurance companies that provide multiple policies in one place, like auto and house insurance. It's a great way to reduce your insurance costs and it also increases the likelihood that you will remain with the company.
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.
Insurance costs can be affected by a number of factors including the value of a home and its age. Your policy should include enough coverage for both your home and its contents. However, you should keep your deductible low.
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.