Updated: March 12, 2026
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Most affordable home insurance in Cleveland: Farmers
Top-rated home insurance in Cleveland: Auto-Owners
Cleveland home insurance average cost: $1,972
Cleveland homeowners pay an average of $1,972 per year, but Farmers comes in at $1,064, which is 46% below the city average. Rates differ sharply across companies for the same coverage, so getting quotes from multiple insurers can save hundreds annually.
Farmers, USAA, Allstate, State Farm and Auto-Owners are the five most affordable options for cheapest home insurance in Cleveland, according to MoneyGeek's analysis of average annual premiums.
| Farmers | $1,064 | -46% |
| USAA | $1,296 | -34% |
| Allstate | $1,346 | -32% |
| State Farm | $1,494 | -24% |
| Auto-Owners Insurance | $1,714 | -13% |
*Rates are for a 2,500-square-foot home built in 2000, with $250,000 of dwelling coverage and a $1,000 deductible.
Cleveland homeowners pay $1,972 per year, about 5% below the Ohio average cost of $2,075. Lower crime rates and fewer natural disaster risks in the city keep claims down, which holds premiums below the state average. The most affordable Cleveland providers charge less than both benchmarks.
Auto-Owners offers the best homeowners insurance in Cleveland, earning a 4.6 out of 5 overall score. MoneyGeek scores insurers on affordability, coverage options and customer service reputation.
Cleveland's top five homeowners insurance companies are Auto-Owners, USAA, State Farm, American Family and Farmers.
| Auto-Owners Insurance | 4.59 | $1,714 |
| USAA | 4.96 | $1,296 |
| State Farm | 4.52 | $1,494 |
| American Family | 4.52 | $1,994 |
| Farmers | 4.48 | $1,064 |
*USAA membership is limited to military-affiliated individuals. Although it earned the highest MoneyGeek score, we ranked it No. 2 due to its eligibility requirements.
Our Top Recommendation for Cleveland Homeowners
Average Annual Premium
J.D. Power Customer Satisfaction Score
Number of Discounts
Your coverage limits determine what you'll pay for home insurance premiums in Cleveland. Higher dwelling coverage costs more, but it protects you if rebuilding expenses exceed your policy limits. USAA offers the cheapest rates across most coverage tiers, while Farmers provides the lowest basic coverage rates for homeowners.
| $100K Dwelling / $50K Personal Property / $100K Liability | Farmers | $587 |
| $250K Dwelling / $125K Personal Property / $200K Liability | Farmers | $1,064 |
| $500K Dwelling / $250K Personal Property / $300K Liability | USAA | $2,061 |
| $750K Dwelling / $375K Personal Property / $500K Liability | USAA | $2,777 |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | USAA | $3,436 |
Mid-age homes in Cleveland tend to have the lowest insurance premiums. Newer builds with modern safety features cost a bit more to insure, while homes built before 1980 carry the highest rates because of outdated wiring, plumbing and materials.
| Newer | Farmers | $651 |
| Middle Age | Farmers | $1,064 |
| Older | Farmers | $1,172 |
There's a huge cost difference between excellent and poor credit when it comes to Cleveland home insurance rates. You'll pay much more for identical coverage if your credit's poor, while excellent credit gets you the lowest premiums available. Auto-Owners leads the pack with the most affordable rates across most credit levels, and they're especially cheap for homeowners with excellent credit. Insurers rely on credit-based scores because they help predict how likely you are to file a claim.
| Allstate | $101 | $1,217 |
| USAA | $117 | $1,410 |
| State Farm | $133 | $1,592 |
| Farmers | $135 | $1,623 |
| American Family | $199 | $2,386 |
Affordable home insurance in Cleveland comes down to comparing quotes from several insurers and matching coverage to your home's risk profile.
Identify your home insurance coverage needs before getting quotes. This ensures accurate rate comparisons and stops agents from upselling coverage you don't need.
Home insurance premiums fluctuate across Ohio. MoneyGeek's best homeowners insurance in Ohio analysis reveals which companies balance cost, service and coverage for Cleveland rates.
Don’t focus on price alone when comparing insurers. Review each company’s optional coverages and how it handles claims. Check J.D. Power ratings, NAIC complaint data, Reddit discussions and Trustpilot reviews to get a clearer picture of real customer experiences.
Contact at least three insurers for home insurance quotes to get your lowest rate.
Homeowners in Cleveland frequently ask about policy requirements, premiums and how area-specific risks impact coverage.
Ohio law doesn't require home insurance, but lenders mandate it through your loan term. Homeowners without mortgages should maintain coverage to guard against financial losses from fires, theft and liability claims.
Cleveland insurance companies assess property age, building materials, roof quality and fire station distance when setting rates. Area crime statistics, your credit, claims record and coverage selections also influence your premium costs.
Standard home insurance doesn't cover flood damage. Cleveland residents near the Cuyahoga River and Lake Erie should consider separate flood insurance via NFIP or private companies to protect against water damage.
MoneyGeek analyzed home insurance premiums from 10 companies in Cleveland using data from Quadrant Information Services and customer satisfaction scores from J.D. Power surveys.
We collected quotes for a 2,500-square-foot home built in 2000 with $250,000 dwelling coverage, $125,000 personal property coverage, $200,000 liability coverage and a $1,000 deductible. We also gathered quotes for homes with different construction dates, coverage limits, deductibles and credit scores across multiple scenarios.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
