Best & Cheapest Homeowners Insurance in Columbus, OH For April, 2024

Nationwide offers the cheapest homeowners insurance to homeowners in Columbus, with an average annual quote of $1,170

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Updated: 08 April 2024
Written by
Bob Phillips
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In our comprehensive review of homeowners insurance providers in Columbus, OH, Nationwide emerges as the most budget-friendly option, with average annual rates of $1,170. However, keep in mind that the best insurer for you may vary based on your unique circumstances and requirements.

For instance, if your credit score has taken a hit, USAA stands out as the most economical choice with an average annual premium of $1,475. In contrast, if your home is on the older side, Allstate rises to the top with its competitive rates of $1,244 per year, and comprehensive coverage.

On the other hand, if you’re the proud owner of a newly constructed home, Nationwide again offers the most cost-effective solution at $604 per year. And for those who’ve had a history of claims, State Farm provides an affordable and understanding solution at $1,956 per annum.

Last, if you possess a wealth of personal property that needs protection, State Farm again proves to be your best bet, offering extensive coverage at a reasonable $894 per year.

Our in-depth analysis at Insuranceopedia is designed to guide you toward the perfect fit for your homeowners insurance needs. By comparing customer ratings, analyzing personal experiences, and presenting comparison charts, we will provide you with all the information necessary to make an informed decision.

How much is homeowners insurance in Columbus, OH?

Nationwide offers the most affordable rate for homeowners insurance in Columbus at $1,170 annually.

As you can see below, rates in Columbus are cheaper than the National average. They are slightly higher than the Ohio State average.

Area Average Monthly Rate
National $1,820
Ohio $1,239
Columbus $1,364

It’s important to understand that rates are not a one-size-fits-all matter. They can fluctuate significantly based on a myriad of factors.

For instance, your personal driving history plays a pivotal role; a record filled with traffic violations or accidents will likely lead to higher premiums than a clean slate. The type and model of your vehicle also come into play, as high-performance or luxury cars typically cost more to insure.

Your geographical location can impact your rates, too, with densely populated urban areas generally facing higher rates due to increased risk of theft or accidents. Even your age and marital status can influence your car insurance premiums.

Cheapest Homeowners Insurance in Columbus, OH 2024

Our Methodology

To find the cheapest home insurance rates in Columbus, we analyzed findings from numerous home insurance review sites, some of which analyzed rates from public filings obtained by Quadrant Information Services. We’ve used an average of those rates for this review, but each company’s rates change frequently and will vary based on your situation. Also factored into the overall rating is my subjective opinion based on fifteen years of experience as a licensed insurance agent and over three decades of purchasing home insurance.

64

Quotes Analyzed

15+

Years Of Industry Experience

21

Brands Reviewed

35+

Research Hours

Cheapest homeowners insurance in Columbus, OH

Nationwide emerges as the cheapest overall option for homeowners insurance in Columbus, OH, with an average annual rate of $1,170.

Company Annual Premium
Nationwide $1,170
State Farm $1,591
Allstate $1,541
USAA $1,405
Auto Owners $4,108

The cost of your policy is influenced by many factors, including location, home value, and your claims history. Nationwide offers a balanced blend of affordability and comprehensive coverage.

Cheapest Homeowners Insurance In Columbus If You Have an Older Home

For those with older homes, Allstate offers the cheapest rates, averaging $1,244 per year.

Insurance Company Average Annual Premium
Allstate $1,244
USAA $1,365
Farmers $1,387
State Farm $1,709
Nationwide $1,503

Older homes often come with unique risks and maintenance issues, which can drive up insurance costs. Allstate offers competitive rates and comprehensive coverage tailored to meet the needs of older homes.

Cheapest Homeowners Insurance If You Have Poor Credit

If your credit score is poor, USAA provides the most affordable solution, with an average annual rate of $1,475.

Insurance Company Average Annual Premium
USAA $1,475
Nationwide $1,495
State Farm $1,934
Auto Owners $2,516
Allstate $2,717

Your credit score can significantly impact your insurance rates as it’s a key factor insurers consider when calculating risk. USAA understands that everyone deserves fair coverage, regardless of their financial past.

Cheapest Homeowners Insurance for Newly Constructed Homes

If you’re the proud owner of a newly constructed home, Nationwide offers the most cost-effective solution, with an average annual rate of $604.

Insurance Company Average Annual Premium
Nationwide $604
Allstate $831
State Farm $649
USAA $549
Auto-Owners $1,840

New constructions often require different coverage compared to older homes, and Nationwide excels in providing affordable policies tailored to these specific needs.

Cheapest Home Insurance Rates for Lots of Personal Property

If you have a wealth of personal property, State Farm offers the cheapest rates, with an average annual rate of $894.

Insurance Company Average Annual Premium
State Farm $894
USAA $897
Erie $901
Allstate $1,086
Auto Owners $2,750

The more personal property you have, the higher your coverage needs, which can increase premiums. State Farm provides extensive coverage at reasonable rates, ensuring all your belongings are adequately protected.

Cheapest Home Insurance In Columbus for a History of Claims

For homeowners with a history of claims, State Farm provides an affordable solution, with an average annual rate of $1,956.

Insurance Company Average Annual Premium
State Farm $1,956
Progressive $2,017
Allstate $2,309
USAA $2,132
Nationwide $2,610

A history of claims can raise red flags for insurers, often leading to higher premiums. However, State Farm believes in second chances and offers reasonable rates for those with past claims.

Best Homeowners Insurance Companies in Columbus, OH

Choosing the right homeowners insurance is not just a necessity; it’s a strategic decision. With a rich history, Columbus’s homes are as unique as its residents. Therefore, finding an insurance provider that offers comprehensive coverage at competitive rates becomes paramount.

To make your decision-making process easier, we’ve compiled a list of the top homeowners insurance companies in Columbus, OH. These companies have been assessed based on their annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Take a look at our comparison chart below and find the perfect fit for your home insurance needs.

Insurance Company Average Annual Premium
Allstate $1,244
USAA $1,365
Travelers $986
Farmers $1,387
Auto Owners $3,914
State Farm $1,709
Nationwide $1,503
Erie $1,130

Average Home Insurance Rates by Zip Codes

The cost of homeowners insurance in Columbus, OH can vary significantly based on the zip code. Below are tables showcasing rates for different zip codes in Columbus, along with the five cheapest and most expensive zip codes in the area for annual home insurance premiums.

ZIP Code Average Insurance Premium (Annual)
43229 $1,254
43228 $1,255
43224 $1,278
43235 $1,132
43207 $1,307
43219 $1,320
43204 $1,269
43201 $1,260

Cheapest Zip Codes

ZIP Code Average Insurance Premium (Annual)
43235 $1,132
43212 $1,180
43231 $1,197
43240 $1,195
43204 $1,269

Most Expensive Zip Codes

ZIP Code Average Insurance Premium (Annual)
43214 $1,323
43203 $1,308
43237 $1,297
43211 $1,278
43207  $1,307

Average Home Insurance Rates in Columbus, OH by Deductible Amount

The deductible amount chosen for a homeowners insurance policy significantly affects the premium rates in Columbus, OH. Here’s how the average home insurance rates fluctuate  for different deductible amounts:

Deductible Annual Rate
$500 $1,090
$1,000 $987
$1,500 $940
$2,000 $884
$5,000 $739

Average Home Insurance Rates in Columbus, OH By Coverage Amount

One of the key components that influences your premium is the dwelling coverage amount. This is the maximum amount your insurance company will pay to rebuild or repair your home if it’s damaged or destroyed.

Let’s take a closer look at a comparison chart that outlines the average annual homeowners insurance premiums for different dwelling coverage amounts.

Dwelling Coverage Amount Average Annual Premium
$200,000 $980
$250,000 $1,046
$300,000 $1,271
$350,000 $1,368
$400,000 $1,567

Average Home Insurance Rates in Columbus, Oh by Company

Here’s a comparison table showcasing annual premiums from some of the top providers in Columbus:

Insurance Company Average Annual Premium
Allstate $1,244
USAA $1,365
Travelers $986
Farmers $1,387
Auto Owners $3,914
State Farm $1,709
Nationwide $1,503
Erie $1,130

How Much is Homeowners Insurance for Other Cities in Ohio?

The following is a  detailed comparison chart that showcases the cheapest companies and their annual premiums across various cities in Ohio.

City Annual Premium
Amelia $1,145
Avon $967
Hartville $1,060
Louisville $1,022

Getting Online Homeowners Insurance Quotes in Ohio

With informative sites like Insuranceopedia, finding the best coverage for your unique needs is just a few clicks away. By providing quick online quotes from a variety of top-rated insurers, Insuranceopedia helps you to compare rates at a glance.

Just input your details and let us do the hard work, presenting you with a range of options tailored to your requirements. This way, you can confidently choose a policy that offers the highest value, balancing cost with comprehensive coverage.

FAQs

Who has the cheapest home insurance in Columbus, OH?

The cheapest home insurance in Columbus, OH, is provided by Nationwide, with an annual premium of $1,170.

What is the average cost of home insurance in Columbus, OH?

The average cost of homeowners insurance in Columbus, Ohio is approximately $1,364 per year.

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