It can be challenging to find the best Missouri homeowners' insurance, regardless of whether you are new or a seasoned homeowner. You need to find an insurance company that provides the coverage you want at a price that 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.
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
Insurance rates for homes located in high-risk areas can be increased. If you live in a rural setting or outside the tornado belt you may see lower rates for homeowners insurance.
What are some of the most popular insurance companies for homeowners in Missouri
Allstate Farmers USAA State Farm and State Farm are amongst the most popular Missouri homeowners' insurance companies. Each company offers different discounts and protection levels, so you should compare them.
Best Home Insurance in Missouri For Current and Retired Members of the Military
USAA offers an excellent homeowners insurance plan to active and retired military personnel. Customer satisfaction is rated at 882 points out of 1,000. This is the highest amongst home insurance providers.
GEICO Missouri has a very good home insurance package. Their policy costs 40% less than the statewide median, and it also offers home and automobile insurance.
It has a NAIC complaint index of 3,07, which means that they get three more complaints than average.
Allstate has an excellent reputation when it come to customer service. However, it is not the best at providing the cheapest insurance for Missouri homes. Its average annual cost is $896. That's 40% less than what the state average is.
Many Missouri Insurance Companies Offer Bundling Option
You should also look for companies who offer a variety of policies, including auto and home insurance. This is a good way to save money on your monthly insurance bills and also makes it more likely that you will stay 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. Some of these sites will give you a quick overview of how much they charge, what they offer and how easy it is to file a claim.
In addition to these factors, a home's value and age can impact 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. They are often not included in standard home insurance policies but can be purchased separately.