Average Cost of Homeowners Insurance in Ohio (2025)

The average cost of homeowners insurance in Ohio in 2023 is $1,744, $679 less than the national average of $2,423.

Aside from the amount of coverage you get, credit rating has the largest impact on premiums in Ohio, with premiums differing by $7,862 between the highest and lowest credit ratings.

If your rates have recently increased, our analysis of the cheapest policies in Ohio may offer more affordable options. Remember, the insurance provider you choose also plays a role in the cost of your premiums.

In Ohio, the average homeowners insurance premium is $1,744 for policies with $250,000 in dwelling coverage, $125,000 in personal property coverage and $200,000 in liability coverage, less than the national average. When considering how much coverage you need, have enough insurance to rebuild your home and cover your belongings in case of a total loss.

As an example, a policy offering $100K in dwelling coverage has an annual premium of $1,076. If you opt for a higher level of protection with $500K in dwelling coverage, the annual premium increases to $2,776, showing how premiums scale with the amount of coverage.

Premiums for homeowners insurance in Ohio differ among insurers, even for similar coverage levels. One provider might quote an annual premium well below the state average, while another quotes well above it.

For those looking for coverage options, Ohio has many strong providers. Differences in underwriting criteria, company risk assessments and customer service influence premium costs.

Homeowners in Ohio with excellent credit pay an average annual premium of $1,002 for homeowners insurance, $742 less than the state average of $1,744. Conversely, those with poor credit face the steepest costs, averaging $8,864 annually. Higher credit scores correlate with lower perceived risk and more favorable insurance premiums.

While improving your credit score overnight isn't feasible, gradual improvements lead to lower insurance rates over time. In the short term, shopping around for insurance yields cost savings. Homeowners can compare insurers in less than 15 minutes to see which will save you the most, finding a better rate that suits your budget and coverage needs.

Roofing materials influence homeowners insurance premiums, though to a lesser extent than factors like coverage amount or credit score. In Ohio, homes with tile roofs, known for their durability, benefit from lower insurance costs. On the other hand, shake-treated roofs, which are more vulnerable to severe weather events, attract higher premiums.

The construction type of a home also affects insurance rates, with stronger materials garnering savings. Homes built with superior construction materials, more resistant to certain risks like fire, see more favorable insurance rates compared to standard frame construction, which is less resistant and carries higher premiums.

Homeowners insuring new construction in Ohio pay an average premium of $928, lower than the average for older homes. Modern construction techniques and adherence to current building codes contribute to this reduced cost. The table below shows the premium differences for different coverage levels between new and existing homes.

In Ohio, homeowners who have maintained a claim-free status for over five years pay an average annual premium of $1,744 for their homeowners insurance. However, if a homeowner has filed one claim in the past five years, the average premium rises to $2,051, a $307 increase from the claim-free rate. For those with two claims within the same period, the average premium jumps to $2,196, $452 above the average for claim-free homeowners. A no-claims history provides clear financial benefits on policy costs in Ohio.

For the cities we analyzed, we found premiums ranging from $1,641 to $2,018. In Akron, homeowners insurance averages $1,641 annually, while Dayton sees higher rates at $1,966. Toledo tops the list with an average premium of $2,018. Location affects premiums because of different risks like weather, crime and local building costs. However, factors such as credit rating and claims history have a larger impact on your insurance costs than your city alone.

Ohio homeowners have access to competitive insurance markets with premiums averaging $679 below the national rate. Credit score, coverage amount and claims history drive your costs more than any other factors. Follow these steps to find coverage that protects your home without overpaying.

In Ohio, homeowners unlock an average of 13% in savings by opting for a multipolicy bundle that includes both home and auto insurance. Bundling these coverages streamlines your insurance management and provides a financial break, with savings ranging from $0 to about $477. For a more detailed look at the best and cheapest home and auto insurance bundles in Ohio, explore MoneyGeek's analysis here.

Ohio homeowners can tap into multiple insurance discounts to lower their premiums.

• Protective Devices Discount: Install smoke detectors, burglar alarms or other security systems.
• Loyalty Discount: Stay with the same insurer for several years to earn reduced rates.
• Claim-Free Discount: Enjoy lower premiums by maintaining a claim-free record.

For a comprehensive look at how to save with discounts, review our guide on home insurance discounts. Ask about all available discounts when requesting a quote to maximize your savings.

• Ohio Department of Insurance: Official state resource for insurance regulations.
• Affordable Home Insurance in Ohio: Find cost-effective options for your home.
• Ohio Homeowners Insurance Calculator: Estimate your potential insurance costs.
• High-Risk Home Insurance Coverage: Understand insurance for homes in high-risk areas.
• Top Home Insurance Options in Ohio: Compare the best insurance providers.
• Personal Property Coverage Essentials: Guide to personal property insurance needs.
• Report Insurance Fraud: Online system for reporting insurance fraud.