Consider purchasing Missouri homeowners insurance to safeguard your home from damage and losses. A standard homeowners policy will cover your house, your other structures and your personal possessions against various perils such as fire, theft and water damage.
Best home insurance in Missouri: Allstate USAA Liberty Mutual
If you can afford it, shop around for the most affordable homeowners insurance. The right policy will protect your most important asset.
A good insurance company will have a combination of affordability, customer service, financial strength, and a solid claims record. MoneyGeek analyzed thousands of quotes to find the best Missouri homeowners insurers that offer these factors.
Allstate USAA Liberty Mutual are among the top homeowners insurers of Missouri. They were chosen based on ratings from customers, coverage options, and deductible savings. Allstate, USAA and Liberty Mutual offer first-time buyers and policy switchers discounts and educational resources.
Missouri Insurance and Costs
Insurance rates for homeowners are affected by several factors such as your location and age. Residents of high-risk areas, such as a tornado belt, or cities with higher-than-average crime rates may have to pay more.
Check your state insurance requirements. Some states require homeowners carry certain types of insurance such as coverage for earthquakes or floods. Shopping around is a good idea if the state you live in requires that you buy separate insurance.
Your home's age and its condition can also impact its insurance costs. Your premiums can increase if your home is older and needs more repairs or replacements.
If you live in an area that is prone to tornadoes, or if there are more natural disasters than average, it's worth adding coverages to the homeowners policy. These policies can protect your home and property from damages and losses caused due to tornadoes. landslides. earthquakes.
Other coverages that you may want to consider include:
Other structures in your yard that aren’t attached to the house (garages sheds etc.). They are covered under separate policies. This coverage will ensure you can replace structures damaged or destroyed by a natural catastrophe.
Depending on the coverage you choose, it will depend on your personal preferences and circumstances.
Full Replacement cost
This option pays for the cost of rebuilding your house after a catastrophe. This is particularly useful if you're a homeowner rebuilding your home after a major tragedy.
The Extended Coverage
The coverage is useful for homeowners who have added a pool or a hot tub to their house. It can also cover your costs of replacing lost or stolen items.
In addition to these standard coverages, you can also get a wide range of add-ons and endorsements for an additional fee. These are some of the most popular endorsements for your Missouri homeowners' policy.
A Zero Deductible Benefit
Some insurance companies have a zero-deductible policy that can help you save a lot of money if there is a claim. This is a good way to lower the cost of your annual homeowners' insurance, but you should understand its workings before purchasing.