AAA is the cheapest overall homeowners insurance provider in Missouri, even if you have a low credit score or a recent claims history. It also has the best prices for high-value houses and frame-type construction. However, Nationwide is the most affordable insurer for newly built homes. Meanwhile, State Farm is the go-to choice for policyholders seeking bundled home and auto insurance packages.
Cheapest Homeowners Insurance in Missouri (2024 Rates)
AAA provides Missouri's most economical home insurance at an average annual rate of $894. However, your rates may differ depending on your recent claims history, property type and location.
Mark Fitzpatrick
Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
Casie McCoskey
Content Editor
Casie McCoskey is a professional editor passionate about providing people with accessible information on personal finance. Before MoneyGeek, she worked in the legal field, drafting and editing briefs and motions.
Mark Fitzpatrick
Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
Casie McCoskey
Content Editor
Casie McCoskey is a professional editor passionate about providing people with accessible information on personal finance. Before MoneyGeek, she worked in the legal field, drafting and editing briefs and motions.
Updated: May 22, 2024
Advertising & Editorial Disclosure
Table of Contents
Why Trust MoneyGeek? MoneyGeek used information from the Missouri Department of Commerce and Insurance and Quadrant Information Services to obtain data on insurance rates, discounts and more.
These rates reflect the cheapest home insurance quotes in Missouri as of 2024.
Overall Cheapest Homeowners Insurance in Missouri
If you live in Missouri, AAA offers the cheapest overall home insurance rates, with the lowest premium for $100K in dwelling coverage at an annual average of $894. However, rates vary based on your dwelling coverage limits and unique circumstances.
AAA is the cheapest provider across different coverages. Take a look at its rates below:
- Cheapest for $100,000: AAA at $894 per year
- Cheapest for $250,000: AAA at $1,586 per year
- Cheapest for $500,000: AAA at $2,889 per year
Check out MoneyGeek's table below to find cheap home insurance and see how costs adjust by dwelling coverage.
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
- 2000
- 2023
AAA | Annual Premium$894 |
State Farm | Annual Premium$1,145 |
Shelter | Annual Premium$1,552 |
Nationwide | Annual Premium$1,853 |
American Family | Annual Premium$1,858 |
Allstate | Annual Premium$1,973 |
Foremost Insurance | Annual Premium$2,315 |
Compare Missouri Home Insurance Quotes Online
Checking prices from a variety of insurance providers will help you find affordable homeowners insurance in Missouri. MoneyGeek’s home insurance calculator can help — providing Missouri quotes quickly and without the need to share personal details first.
Home Insurance Cost Calculator
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Oct 14, 2024
MoneyGeek partners with some of the companies we write about. However, our content is written and reviewed by an independent team of editors and licensed agents. Reference our data methodology and learn more about how we make money.
Cheapest Home Insurance in Missouri for High-Value Homes
Missouri homeowners with high-value properties can find the most competitive rates with AAA, offering $750K in dwelling coverage at an average rate of $4,348 per year. Since dwelling coverage is a pivotal factor in determining home insurance costs, upscale homes typically have higher premiums.
Here's a breakdown of the top rates for higher-value homes in Missouri:
- Cheapest for $750,000: AAA at $4,348 per year
- Cheapest for $1,000,000: State Farm at $6,018 per year
For adequate protection, we recommend opting for a dwelling coverage amount that reflects your home's total rebuild cost rather than its market value. Check out MoneyGeek's table below on dwelling coverage costs to learn more.
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
- 2000
- 2023
AAA | Annual Premium$4,348 |
State Farm | Annual Premium$4,744 |
American Family | Annual Premium$5,340 |
Allstate | Annual Premium$6,190 |
Shelter | Annual Premium$7,059 |
Nationwide | Annual Premium$9,850 |
Foremost Insurance | Annual Premium$16,600 |
Cheapest Home Insurance in Missouri for New Homes
Missouri's cheapest home insurance provider for new homes with $100K in dwelling coverage is Nationwide, offering an average annual premium of $481. New homes in Missouri often receive more favorable insurance rates thanks to their modern construction and reduced risk of damage.
Nationwide consistently provides the best rates for new homes across different coverage levels:
- Cheapest for $100,000: Nationwide at $481 per year
- Cheapest for $250,000: Nationwide at $783 per year
- Cheapest for $500,000: Nationwide at $1,305 per year
For a comprehensive view of how insurance rates vary for new constructions based on dwelling coverage, refer to MoneyGeek's detailed table below.
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
Nationwide | Annual Premium$481 |
AAA | Annual Premium$576 |
State Farm | Annual Premium$687 |
Allstate | Annual Premium$893 |
Shelter | Annual Premium$944 |
American Family | Annual Premium$1,273 |
Foremost Insurance | Annual Premium$1,564 |
Cheapest Home Insurance in Missouri for Low Credit Scores
In Missouri, AAA emerges as the top choice for homeowners with poor credit, offering competitive rates for $100K in dwelling coverage. Credit scores are instrumental in shaping insurance premiums, giving insurers insights into potential payment risks.
Here are the standout rates for prospective policyholders with poor credit across different coverage levels:
- Cheapest for $100,000: AAA at $1,618 per year
- Cheapest for $250,000: AAA at $2,870 per year
- Cheapest for $500,000: AAA at $5,228 per year
Missouri residents with poor credit can anticipate an average difference of $1,792 annually in insurance rates for $100K dwelling coverage compared to those with good credit scores. Explore MoneyGeek's table to better understand how rates vary based on your credit rating.
- Below Fair
- Excellent
- Fair
- Good
- Poor
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
- 2000
- 2023
AAA | Annual Premium$1,618 |
Nationwide | Annual Premium$2,739 |
American Family | Annual Premium$2,771 |
Shelter | Annual Premium$2,909 |
State Farm | Annual Premium$3,005 |
Allstate | Annual Premium$4,018 |
Foremost Insurance | Annual Premium$7,073 |
Cheapest Home Insurance in Missouri With a Claims History
If you've made one policy claim in the past five years, Missouri's most affordable home insurance company across dwelling coverage limits is AAA. Remember that having a claims history can lead to higher premiums since insurers perceive you as more likely to file claims in the future.
Here is how AAA stacks up for different coverage values for homeowners with a recent claims history:
- Cheapest for $100,000: AAA at $1,162 per year
- Cheapest for $250,000: AAA at $2,061 per year
- Cheapest for $500,000: AAA at $3,754 per year
Missouri homeowners can benefit from understanding the impact of claims on insurance costs. For instance, policyholders with no claims in the past five years pay an average of $813 less annually for $100K dwelling coverage than those with two recent claims.
- 1 claim in past 5 years
- Claim free for 5+ years
- 2 claims in past 5 years
- 2000
- 2023
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
AAA | Annual Premium$1,162 |
State Farm | Annual Premium$1,309 |
Shelter | Annual Premium$2,152 |
American Family | Annual Premium$2,209 |
Nationwide | Annual Premium$2,384 |
Allstate | Annual Premium$2,543 |
Foremost Insurance | Annual Premium$2,779 |
Cheapest Home Insurance in Missouri by Home and Roof Materials
In Missouri, your home's construction type and roofing material are pivotal factors in determining your insurance premiums. AAA offers the most competitive rate at $894 annually for homes with frame-type construction and shake-treated roofs. Such houses might attract higher premiums due to their increased susceptibility to damages compared to superior-construction homes.
For these specific homes in Missouri, AAA consistently offers the most affordable rates across varying coverages:
- Cheapest for $100,000: AAA at $894 per year
- Cheapest for $250,000: AAA at $1,586 per year
- Cheapest for $500,000: AAA at $2,889 per year
Investing in superior construction and opting for a tile roof can lead to significant savings. On average, such homes save homeowners around $239 annually on insurance premiums compared to frame-type homes with shake-treated roofs. This difference highlights the long-term financial benefits of investing in quality construction and materials for Missouri residents.
- Frame
- Superior
- Masonry
- Composition
- Shake-Treated
- Tile
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
AAA | Annual Premium$894 |
State Farm | Annual Premium$1,145 |
Nationwide | Annual Premium$1,229 |
Shelter | Annual Premium$1,552 |
American Family | Annual Premium$1,836 |
Allstate | Annual Premium$2,037 |
Foremost Insurance | Annual Premium$2,873 |
Cheapest Home Insurance in Missouri by Deductible
Altering your deductible can save you hundreds of dollars yearly. In Missouri, for instance, the AAA, which has the lowest price for a $2,000 deductible, charges an average annual premium of $777. Contrastingly, the cheapest deductible of $500 is also from AAA, but with a higher yearly premium of $1,055.
- $2,000 deductible: AAA at $777 per year
- $1,500 deductible: AAA at $830 per year
- $1,000 deductible: AAA at $894 per year
- $500 deductible: AAA at $1,055 per year
Home insurance deductibles denote the amount you pay before your insurance takes over. The average annual difference in price among insurers for a $500 deductible and a $2,000 deductible is $333. Find the most affordable Missouri home insurers for each deductible amount in our table below.
- 500
- 1000
- 1500
- 2000
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
- 2000
- 2023
AAA | Annual Premium$777 |
State Farm | Annual Premium$1,056 |
Shelter | Annual Premium$1,336 |
Nationwide | Annual Premium$1,528 |
Allstate | Annual Premium$1,705 |
American Family | Annual Premium$1,829 |
Foremost Insurance | Annual Premium$1,936 |
Cheapest Home and Auto Insurance Bundle in Missouri
Missouri residents can find competitive rates for bundled home and auto insurance policies. State Farm offers the most affordable bundles at an average of $2,933 annually.
The cheapest home and auto bundle providers include:
- State Farm at $2,933 per year
- Allstate at $4,064 per year
Bundling isn't just about savings; it's about convenience, too. It streamlines the insurance process, making policy management effective via a single insurer. Get the inside scoop on how a Missouri insurance bundle improves your insurance purchasing journey.
State Farm | Annual Premium$2,933 |
Allstate | Annual Premium$4,064 |
Nationwide | Annual Premium$4,364 |
Cheapest Home Insurance in Missouri by City
AAA is the most affordable home insurance provider in most Missouri cities, with rates ranging from $826 to $1,034, depending on your location. Costs differ significantly across cities due to variables like local codes, crime rates and weather-related risks. For example:
- Columbia boasts the lowest average annual premium at $826 with AAA.
- On the other hand, Kansas City's cheapest yearly premium is $1,034, also from AAA.
This discrepancy illustrates the significance of shopping around, as insurers calculate rates differently for distinct geographical areas, which could lead to potential savings. Check out our table below to compare rates with other Missouri localities.
Columbia | Cheapest CompanyAAA | Annual Premium$826 |
Independence | Cheapest CompanyAAA | Annual Premium$986 |
Kansas City | Cheapest CompanyAAA | Annual Premium$1,034 |
Springfield | Cheapest CompanyAAA | Annual Premium$954 |
St. Louis | Cheapest CompanyAAA | Annual Premium$843 |