Cheapest Homeowners Insurance in Missouri (2024 Rates)

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.