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The Best Homeowners Insurance in Missouri [2023]

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Find a top-ranked Homeowners Insurance Agency in your area

Home to one of the most iconic monuments in the country, the Show Me State has much to offer. Whether you live on the banks of the Mississippi in St. Louis, on the Missouri side of the state line in Kansas City, or somewhere in between, you’ll need homeowners insurance.

Unfortunately, homeowners insurance in Missouri is often above the national average. But with a bit of research, you can find a great rate for the policy that best fits your needs.

We at Expertise.com know that all that research can take time, so we’ve analyzed some of the top homeowner’s insurance companies in Missouri to help you make your decision. Read on to discover everything you need to know to find the cheapest and most comprehensive homeowners insurance in Missouri.

Average Cost of Homeowners Insurance in Missouri

The average cost of homeowners insurance in Missouri is $3,111 per year, over $800 more than the national average, according to Insurance.com.

A contributing factor to Missouri’s larger-than-average homeowners insurance premium is the state’s history of natural disasters, including severe thunderstorms that cause hail, tornados, and flooding, and ice storms in the winter. The state experiences 30 tornados a year on average.

Within the state, homeowners insurance costs vary based on several factors:

  • The age of your home: Older homes experience wear and tear that puts them at risk of structural damage.

  • The square footage of your home: The larger your home, the more expensive it is to insure since there’s more to cover.

  • The materials used to build your home: As technology has improved over the years, so have the materials used to build homes. Better materials last longer and are more durable.

  • Building costs in your area: Repair and replacement costs are determined by local building costs, which can impact your insurance rates.

  • Your location: Whether you live near one of Missouri’s many waterways or in a city with a higher crime rate can influence your homeowners insurance rates.

  • Any additional features: The presence of high-risk features like a pool or trampoline or owning a dog may impact your rate.

  • Your deductible: You can lower your premium by increasing your deductible, but that may cost you when you go to file a claim. Your insurance provider can help you find the perfect balance between lower premiums and higher deductibles to maximize your budget.

  • Your claims history: You may qualify for discounts or lower rates if you’ve never filed a claim before. Conversely, if you have filed a claim in the past, your rate may be higher.

Missouri Homeowners Insurance Rates by City

Missouri has everything from the big city to small towns, so it should not be surprising that your homeowners insurance costs vary based on where you are in the state.

We’ve pulled the average annual rate by city to give you a better idea of what your homeowners insurance rates will be:

City

Average Annual Rate

St. Louis

Holts Summit

West Plains

Kansas City

Jefferson City

Sources: MoneyGeek, The Zebra

The Best Homeowners Insurance in Missouri

If you’re looking for the best, most comprehensive coverage for your Missouri home, the chart below summarizes our findings:

Safeco

Safeco


Average Annual Rate: ~$3,464

Notes: Offers affordable, reliable coverage but has fewer discounts

Allstate logo

Allstate


Average Annual Rate: ~$2,621

Notes: Offers a first-time homeowner discount and educational resources

American Family Insurance

American Family


Average Annual Rate: ~$3,170

Notes: Costs a bit more, but the company has a reputation for stellar customer service.

USAA logo

USAA


Average Annual Rate: ~$2,419

Notes: Offers consistently high customer and claims satisfaction, but only available to military members and their families

Cheapest Homeowners Insurance in Missouri

Missouri’s cheapest homeowners insurance coverage is USAA for a policy covering $250,000 in dwelling coverage and a $1,000 deductible. However, you must be a member of the military or their family to qualify. 

There is no one size fits all insurance policy, so the cheapest policy may not always have what you need to adequately insure your home. If cost is your top priority, check out AAA’s policy options first.

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Find Cheap Homeowners Insurance in Your Area

FAQs

Below are a few things you should know about choosing homeowners insurance in Missouri.

How to Reduce Homeowners Insurance Costs in Missouri

While Missouri has a higher-than-average homeowners insurance premium, there are ways to lower your premiums:

  • Modify your deductible. The higher your deductible, the lower your premium. While this can save you money month-to-month, be aware that if you need to file a claim, you will have to pay more out of pocket before the insurance kicks in. 

  • Ask about discounts. Many companies offer discounts, so ask about them when you ask for a quote. For example, you may get discounts based on your age, your profession, or a history of few claims.

  • Bundle policies. Most companies will offer a discount if you bundle different insurance policies, such as home and auto. When shopping around, mention any other policies you’d consider taking out from them. In Missouri, you can save an average of $505 a year if you bundle.

  • Shop around frequently. If you’ve had the same policy for a while, look around at other companies. They may be willing to offer you a better deal to steal you from your current provider.

  • Make your home safer. Investing money and elbow grease in making your home disaster-resistant can lead to lower premiums. For example:

    • Install deadbolt locks, security cameras, or an alarm system.

    • Install a smoke detector or sprinkler system.

    • Upgrade to impact-resistant or high-impact windows.

    • Install a metal roof.

    • Purchase a backup generator.

  • Maintain a good credit score. Insurance companies can check your credit history, and if you are in good standing financially, they may offer you a lower rate.

  • Remove any high-risk features. Amenities like pools and trampolines are fun, but they have a higher risk of injury, so they can increase your homeowners insurance. If you aren’t using them, get rid of them.

We recommend you talk with a local agent to learn how to save more on your homeowners insurance costs.

Missouri Insurance Options in Your City

At Expertise.com, we help Missouri residents find the best agencies and local offices. You deserve the perfect home insurance policy to keep your home and your belongings safe and insured.

Check out our list of the 13 best homeowners insurance agencies in Missouri here, and discover the best homeowners insurance agencies in your city below:

Our methodology evaluates each provider based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.