Cincinnati, OH Homeowners Insurance

Find affordable homeowners insurance in Cincinnati


A critical consideration for every homeowner should be their home insurance coverage. Fire, vandalism, theft, and wind damage are just a handful of the perils from which homeowners insurance can protect your dwelling and personal property. With the relative frequency of such events -- along with the high cost of rebuilding or repairing a home -- purchasing home insurance is a smart investment.

The price of a homeowners insurance policy depends on myriad factors, including the value of the dwelling, the value of your personal items, and the materials used to construct the home. The location of your home can also influence how much you pay for homeowners insurance. Some areas are more susceptible to perils like fire, hail, frozen pipes, volcanoes, or other hazards. These can make your insurance policy even more expensive. Learn more information about the specifics of home insurance coverage.

If you want to find inexpensive home insurance in Cincinnati, start with shopping around and comparing policies. Check out the below summary of average home insurance premiums in Cincinnati to help you get as much information as possible when you start your search for homeowners insurance. One thing to note is that the yearly cost of home coverage is determined based on your chosen coverage limits as well as a number of other rating factors.


Cincinnati, Ohio, homeowners insurance — table of contents:
  1. Rates by insurer
  2. Rates by coverage amount
  3. Rates by ZIP
  4. Rates by deductible level
  5. Bundling discounts

Homeowners insurance in Cincinnati by insurance company

Homeowners insurance rates in Cincinnati vary from one insurance company to another. The most inexpensive home insurance in Cincinnati comes from Cincinnati Insurance, which offers average annual rates of just $767 per year. This is more favorable than the city’s average home insurance premium of $1,103.

To get started with your homeowners insurance policy search, take a look at this list of the cheapest companies in Cincinnati, Ohio.


AFFORDABLE HOMEOWNERS INSURERS IN CINCINNATI
CompanyAverage Annual Rate
Cincinnati Insurance$767
AAA$906
Allstate$921
Erie$947
State Farm$956

Average home insurance costs in Cincinnati by coverage level

Your chosen level of homeowners coverage has an impact on the insurance premiums you pay . Homeowners in Cincinnati who carry $200K in dwelling coverage pay an average of $816 per year, while those with coverage up to $400K pay around $1,469 per year.


HOMEOWNERS INSURANCE RATES IN CINCINNATI — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$100K Dwelling$566
$200K Dwelling$816
$250K Dwelling$1,004
$400K Dwelling$1,469

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Cincinnati home insurance prices by ZIP code

Depending on which part of Cincinnati you live in, you may see a dramatic difference in your home insurance costs. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, the neighborhood you live in could have a huge impact in what you pay for homeowners coverage.

To find the cheapest homeowners coverage in Cincinnati, look no further than 45227. In the 45227 area, homeowners policies typically cost just $1,077 per year — a full $26 less than the Cincinnati average. The below table shows the best places to live in Cincinnati if you’re looking for affordable homeowners insurance.


AFFORDABLE NEIGHBORHOODS FOR HOMEOWNERS INSURANCE IN CINCINNATI
ZIP CodeAverage Annual Home Insurance Rate
45227$1,077
45242$1,077
45249$1,078

Some parts of Cincinnati, however, are prone to home insurance premiums that are higher on average. Crime rates, fire risk, and even your how close you are to emergency services such as fire and police stations could impact rates the risk level of certain parts of the city, which could drive up premiums in the area. An average annual rate of $1,166 makes 45221 the most expensive ZIP code in Cincinnati for homeowners coverage.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN CINCINNATI
ZIP CodeAverage Annual Home Insurance Rate
45221$1,166
45235$1,158
45234$1,157

Home insurance deductibles in Cincinnati

One of the many decisions to be made when shopping for a homeowners policy is the amount of your deductible. A deductible is the amount for which a homeowner is responsible before the insurer will cover a claim. Choosing your deductible is a major determiner of how much you pay for homeowners insurance.

In short, having a higher deductible means lower insurance premiums. This means that those seeking lower home insurance costs will want to think about getting a higher deductible. It's worth remembering that a homeowners deductible should only be as high as you can reasonably pay if you actually suffer a loss.

Below are some standard deductible options offered on most home policies alongside with related average insurance rates.


HOME INSURANCE PREMIUMS BY DEDUCTIBLE IN CINCINNATI
Deductible LevelAverage Annual Home Insurance Rate
$500$1,103
$1,000$1,004
$1,500$944
$2,000$892
$5,000$748

Money-saving tip: bundle home and auto insurance in Cincinnati

You might want to consider purchasing your auto and home insurance policies through the same company if you are searching for the best overall prices. Bundling homeowners and auto insurance can be a good money-saving option. By bundling your policies, Cincinnati homeowners could see annual savings of 8% on average.


CHEAPEST AUTO INSURANCE RATES WITH A POLICY BUNDLE IN CINCINNATI
CompanyAvg. Annual Auto Insurance Rate (With Bundle)
GEICO$968
Progressive$975
Allstate$1,160
Liberty$1,191
State Farm$1,216

A great way to save on insurance is to bundle your home and auto policies with the same insurance company.


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Ross Martin LinkedIn

As a licensed insurance agent, Ross is responsible for researching and writing about all matters related to auto and home insurance. He has a background in writing and education, as well as a masters degree from Royal Holloway, University of London. He has been quoted by Kin Insurance, Safety.com, and autoinsuranceEZ.com.