Cheapest Homeowners Insurance in Ohio (2025)

American Family Insurance offers the cheapest home insurance rates overall in Ohio. Whether it's your claims history, credit score, home materials, or deductibles, American Family Insurance stands out as the most cost-effective choice. If you own a high-value home, American Family Insurance also provides the most competitive rates, while Nationwide is the top pick for coverage on new homes. However, Auto-Owners is the most affordable option if you want to bundle your home and auto insurance.

For affordable home insurance in Ohio, check out American Family, providing the lowest rates for $100K in dwelling coverage at a mere $681 per year. Remember, home insurance premiums vary based on dwelling coverage. Noteworthy affordable options within Ohio include:

• Cheapest for $100,000: American Family at $681 per year
• Cheapest for $250,000: American Family at $1,065 per year
• Cheapest for $500,000: American Family at $1,654 per year

Get the best price comparison for cheap home insurance with MoneyGeek's table detailing how costs differ by dwelling coverage.

For residents in Ohio, the best approach to affordable home insurance is to check prices from various insurers. MoneyGeek’s home insurance calculator offers an efficient method to obtain Ohio quotes, eliminating the need for personal details at the beginning.

With an annual premium of just $2,201, American Family provides the cheapest rate for $750K in dwelling coverage for high-value homes in Ohio. As dwelling coverage greatly influences insurance costs, high-value homes often face higher premiums. Here are the best picks:

• Cheapest for $750,000: American Family at $2,201 per year
• Cheapest for $1MM: American Family at $2,749 per year

It's smart to opt for dwelling coverage adhering to the replacement cost of your home. Check MoneyGeek's table to comprehend how costs change by dwelling coverage.

Nationwide offers the most affordable home insurance in Ohio for new homes at $339 annually for $100K in dwelling coverage. New homes cost less to insure because they include updated safety features and meet current building codes, which lowers risk.

Ohio's cheapest home insurance by dwelling coverage:

• $100,000: Nationwide at $339 per year
• $250,000: Nationwide at $533 per year
• $500,000: Nationwide at $854 per year

This table shows how premiums change based on dwelling coverage for new homes in Ohio.

American Family offers Ohio's most affordable home insurance for poor credit at $1,100 annually for $100K in dwelling coverage. Credit scores affect home insurance rates because insurers use them to assess payment risk.

• Cheapest for $100,000: American Family at $1,100 per year
• Cheapest for $250,000: American Family at $1,721 per year
• Cheapest for $500,000: American Family at $2,673 per year

With a poor credit score, the average home insurance cost is $6,313 per year, compared to $1,121 for those with good credit scores for $100K in dwelling coverage.

Auto-Owners tops the list as the most cost-effective choice for Ohio homeowners with a single claim in the past 5 years, costing an average of $734 for $100K in dwelling coverage. Auto-Owners insurance is also the cheapest provider across different coverages for homeowners with at least one claim in the past five years — take a look at how rates change:

• Cheapest for $100,000: Auto-Owners at $734 per year
• Cheapest for $250,000: Auto-Owners at $1,101 per year
• Cheapest for $500,000: Auto-Owners at $1,858 per year

Past claims on your record lead to higher home insurance premiums. Ohio homeowners with two claims in the past five years pay $251 more annually than claim-free homeowners for $100K in dwelling coverage. Avoid filing claims when you can pay out-of-pocket to keep costs down.

Home construction type and roofing materials affect insurance premiums. American Family offers Ohio's cheapest coverage for frame homes with shake-treated roofs at $676 annually. Frame construction and shake-treated roofs cost more to insure because they're vulnerable to fire and storm damage.

Ohio's cheapest companies by coverage type:

• $100,000: American Family at $676 per year
• $250,000: American Family at $1,058 per year
• $500,000: American Family at $1,644 per year

Better materials can lead to cheaper premiums. For instance, superior construction and tile roofs cost an average of $995 annually, which is $207 less than the average premium for homes with a frame construction and shake-treated roofs at $1,202. Indeed, insurance companies value damage-resistant construction materials and roofs as it reduces the likelihood of claims.

You could save hundreds by tweaking your deductible. In Ohio, for a $2,000 deductible, the cheapest option is American Family at $654. Yet, for a $500 deductible, it remains American Family at $681. Let's review Ohio's top picks:

• $2,000 deductible: American Family at $654 per year
• $1,500 deductible: American Family at $666 per year
• $1,000 deductible: American Family at $681 per year
• $500 deductible: American Family at $681 per year

Deductibles in home insurance demonstrate what you pay before coverage kicks in. A $500 deductible averages $1,180 versus $1,018 for a $2,000 one, a $162 difference.

Score the lowest priced deal with an Auto-Owners home and auto bundle policy in Ohio, offering an annual rate of $1,700. Save big with home and auto insurance bundled together.

• Auto-Owners at $1,700 per year
• Nationwide at $1,966 per year

Bundling saves money and simplifies policy management with one company. You'll work with a single point of contact for both policies. Learn more about the best Ohio insurance bundle.

American Family offers the most affordable rates in Ohio cities, with annual premiums starting at $608. Premium differences across cities depend on local building codes, crime rates and weather patterns.

• Akron enjoys the cheapest annual premium, provided by American Family, at a mere $608.
• Contrastingly, Dayton has the priciest annual premium for its lowest cost provider, Auto-Owners Insurance which charges a substantial $794.

Shopping insurers is critical, as rate calculations vary greatly by location, potentially offering savings.