Home Insurance in Missouri

Missouri homeowners insurance: what you need to know

The average price of home insurance in Missouri is $2,377 per year or $198 per month.  This is significantly more expensive than the national average cost. Home insurance is an optional — but important — product that works to keep your belongings safe in the event your home suffers damage from common incidents. 

Unlike car insurance, homeowners insurance isn't priced based on state-level laws. That said, serious differences emerge in home insurance rates from state to state. They depend on the frequency and value of home insurance claims filed in that state, as well as the value of the belongings and property you're covering.

The easiest way to acquire cheap home insurance in Missouri is to view prices from multiple companies. Learn average home insurance rates in Missouri via the below data. Remember: your rates may differ, depending on your coverage limits.

 

Table of contents:

1. Rates by company
2. Rates by coverage amount
3. Rates by deductible amount
4. Rates by city
5. Bundling savings
6. Frequently asked questions
7. Natural disaster coverage

 

The cheapest home insurance companies in Missouri

Prices for home insurance in Missouri differ based on the insurance company you select. Safeco provides the most affordable home insurance policies in Missouri — only $1,405 each year. This compares favorably to the state mean rate of $2,377, offering a $972 price break on rates typical to the state.

Begin the hunt for cheap homeowners insurance by reviewing the cheapest Missouri carriers, listed below. Or, check out the results of The Zebra's Customer Satisfaction Survey to discover the best homeowners insurers.

 

AFFORDABLE HOME INSURERS IN MISSOURI

Insurance Company	Average Yearly Rate in Missouri
Safeco	$1,405
AAA	$1,700
State Farm	$1,847
Amco	$1,960
Shelter	$2,066

 

 

Missouri home insurance prices by coverage levels

How much you pay for home insurance coverage is greatly affected by the level of coverage you choose. In Missouri, carrying $100K dwelling coverage costs an average of $1,133 per year, while carrying additional coverage up to $400K costs $2,967/year.

 

POPULAR COVERAGE LIMITS IN MISSOURI

Coverage Level	Average Annual Cost
$100,000 Dwelling	$1,133
$200,000 Dwelling	$1,706
$250,000 Dwelling	$2,056
$400,000 Dwelling	$2,967

 

Homeowners insurance deductibles in Missouri

Homeowners have a lot of decisions to make when shopping for a home insurance policy, including how much their deductible should be. A deductible is the amount for which a homeowner is responsible before an insurance company steps in to cover costs. The deductible level you choose can impact how much you pay in insurance premiums.

When thinking about your deductible, a good rule of thumb is that the lower your deductible, the higher your premiums. Therefore, if you need your home insurance rates to be lower, you’ll want to keep your deductible higher. Remember: your homeowners deductible should not be so high that you would struggle to pay it in the event of a loss.

The following table illustrates the average premiums associated with deductibles offered by most home insurers.

 

HOME INSURANCE PREMIUMS BY DEDUCTIBLE IN MISSOURI

Deductible Tier	Average Annual Homeowners Insurance Rate
$500	$2,248
$1,000	$2,056
$1,500	$1,947
$2,000	$1,858
$5,000	$1,561

 

Missouri homeowners insurance costs by city

Home insurance rates in Missouri vary depending on the city. Policies are often priced on local variables such as the number of claims filed in the immediate area, giving your ZIP code weight in deciding how much you pay.

The cheapest homeowners insurance in Missouri is available in Ballwin. In Ballwin, the typical home insurance policy costs $2,012 each year — $365 less than the average homeowners policy in other Missouri cities. The below cities have the most affordable home insurance in Missouri.

 

CHEAPEST CITIES FOR HOMEOWNERS INSURANCE IN MISSOURI

City	Average 12-Month Home Insurance Rate
Ballwin	$2,012
Wildwood	$2,029
Chesterfield	$2,056
Jefferson City	$2,059
Florissant	$2,072

 

Seeking insights on home insurance in a particular city? Check out our breakdown of significant Missouri cities:

1. Kansas City
2. St. Louis

 

Homeowners and auto insurance bundles in Missouri

If you're trying to save on insurance, consider purchasing both your homeowners and auto insurance policies from one company. Bundling auto and home insurance in Missouri can save you a substantial sum each month on your auto insurance policy. In fact, bundling policies in Missouri leads to a yearly discount of $150.

 

HOME AND AUTO BUNDLING DISCOUNTS IN MISSOURI

Avg. Annual Rate (No Bundle)	Avg. Annual Rate (w/ Bundle)	Annual Savings ($)	Annual Savings (%)
$1,372	$1,222	$150	12%

 

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Missouri homeowners insurance FAQs

 

Does GEICO insure homes in Missouri?

Yes - if you own a home in Missouri, GEICO's homeowners insurance is an option for coverage.

Which insurance companies in Missouri offer seasonal home insurance?

There are several insurance companies that offer seasonal home insurance for your vacation home in Missouri, like Foremost and Farmers.

 

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Natural disaster coverage in Missouri

 

Does homeowners insurance cover flood damage in Missouri?

Flood damage— no matter the circumstances under which it occurs —is not covered by homeowners insurance policies. To ensure your Missouri home is covered, you should purchase flood coverage from a private flood insurance company or through the National Flood Insurance Program (NFIP).

Flood insurance coverage from private companies may vary, but if you buy through the NFIP you are allotted coverage for:

• $250,000 structural coverage
• $100,000 personal property coverage

If the value of your personal property and home exceeds these coverage limits, consider purchasing a flood insurance policy from our partners at Neptune for additional protection.