If you're new to Missouri or have owned your home for some time, it can be difficult to find the best homeowners insurance. You need to find an insurance company that provides the coverage you want at a price that you can afford. Comparing quotes and companies can be difficult because there are so many things to consider.
Average Home Insurance Costs in Missouri
Missouri homeowners' insurance costs are $2,876 on average per year. This is higher than average. There is still room for improvement. A few factors can have a significant impact on your insurance costs.
How your location affects home insurance premiums
Homes that are in areas with a high risk of tornadoes and severe storms can see higher home 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 and State Farm are some of the top Missouri homeowners insurance providers. 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 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 also offers a good home insurance plan in Missouri. Their policy is 40 percent cheaper than average for the state, and they offer both home and auto coverage.
According to the NAIC's index, they have received three times the number of complaints as the average business.
Allstate has a good reputation for customer service, but it's not as good when it comes to providing the cheapest home insurance in Missouri. The yearly cost of $896 is 40% less than the average for Missouri.
The majority of Missouri Insurance Companies Offer Bundling Options
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. This can help you save money each month on insurance and will also make it more probable that you'll stay with the same company.
For more information you can ask your insurance agent, but it is also worth visiting the company website. You can get a quick look at the website to see how much it charges, what services they provide and how easy they make it to file a complaint.
A home's age and value can also affect its insurance cost. Your policy should include enough coverage for both your home and its contents. However, you should keep your deductible low.
You should also purchase flood coverage if you live near a region prone to floods. Usually, these are not included in home insurance policies, but can be purchased separately.