Best homeowners insurance in Cincinnati, OH (2024)

We looked at average costs, customer service ratings, and policy options from multiple top insurers to find the best and cheapest home insurance companies in Cincinnati.

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By

Andrew HurstSenior Editor & Licensed Auto Insurance ExpertAndrew Hurst is a senior editor and a licensed auto insurance expert at Policygenius. His work has also been featured in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin, and Property Casualty 360.

Edited by

Pat HowardPat HowardManaging Editor & Licensed Home Insurance ExpertPat Howard is a licensed insurance expert and managing editor at Policygenius. Pat has written extensively about the home insurance industry and his insights as a subject matter expert have appeared in several top tier publications, including The New York Times, The Wall Street Journal, CNBC, and Reuters. Pat has a bachelor's degree in journalism from Michigan State University.
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Reviewed by

Pat HowardPat HowardManaging Editor & Licensed Home Insurance ExpertPat Howard is a licensed insurance expert and managing editor at Policygenius. Pat has written extensively about the home insurance industry and his insights as a subject matter expert have appeared in several top tier publications, including The New York Times, The Wall Street Journal, CNBC, and Reuters. Pat has a bachelor's degree in journalism from Michigan State University.

Updated|5 min read

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Homeowners in Cincinnati need to be prepared for severe weather, including tornadoes and flooding. Both of these natural disasters can wreak havoc on a home and leave homeowners to pick up the pieces. That's why it's so important to protect your home with a good homeowners insurance policy. 

Even with these potential threats, homeowners in Cincinnati pay almost 30% less than the national average cost of home insurance in the U.S. — just $1,236 per year or about $103 a month.

Compare home insurance rates in Cincinnati

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Compare the best cheap homeowners insurance companies in Cincinnati

We found that the best homeowners insurance companies in Cincinnati are State Farm, Cincinnati Insurance, Erie, Farmers, and Grange Insurance.

To find the best cheap homeowners insurance in Cincinnati, Policygenius rated over a dozen of the largest insurance companies in Ohios://www.policygenius.com/homeowners-insurance/ohio/ across several categories, such as average policy cost, financial strength ratings with AM Best, customer and claims satisfaction scores with J.D. Power, available policy options, and more.

Company

Average monthly cost

Policygenius rating

State Farm

$103

4.8 out of 5

Compare quotes

Cincinnati Insurance

$92

4.5 out of 5

Compare quotes

Erie

$82

4.5 out of 5

Compare quotes

Farmers

$144

4.5 out of 5

Compare quotes

Grange Insurance

$119

4.5 out of 5

Compare quotes

Methodology & why you can trust our rates

Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:

  • Dwelling: $300,000

  • Other structures: $30,000

  • Personal property: $150,000

  • Loss of use: $60,000

  • Liability: $300,000

  • Medical: $1,000

All rates based on the above coverage limits except where otherwise noted.

Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.

Compare home insurance rates in Cincinnati

We don't sell your information to third parties.

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2024 Policygenius award winner

State Farm

State Farm logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.8

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A++

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Offers extended replacement cost

Offers flood insurance

Offers earthquake insurance

Wind/hail deductible

Offers wildfire insurance

Why we chose itchevron icon

State Farm is the best home insurance company in Cincinnati thanks to its wide selection of coverage options, high customer service marks, and industry-best financial stability ratings.

Pros and conschevron icon

Pros

  • Top-tier coverage add-ons, including extended replacement cost coverage

  • High customer satisfaction and financial strength ratings

  • Offers large discounts when you bundle your home and auto insurance

Cons

  • No discounts for first-time homebuyers

  • Rates are about average in Cincinnati

More detailschevron icon

Why we chose State Farm

We found that State Farm is the best home insurance company in Cincinnati. We like that State Farm lets you get extended replacement cost coverage for your home, replacement cost coverage for your personal property, water backup protection, and more.

State Farm also has high ratings from policyholders, according to J.D. Power’s 2022 customer satisfaction, claims, and digital experience surveys. On top of that, State Farm has received the highest rating possible from A.M. Best for financial strength and stability.

In the Queen City, State Farm's home insurance rates are about the same as Cincinnati's average. Although the company doesn't offer as many discounts as other insurers, you could get a large discount if you're planning to bundle home and auto insurance with State Farm.

How do State Farm home insurance rates compare to the Cincinnati average?

The average cost of home insurance from State Farm in Cincinnati is $1,232 per year, which is 1% cheaper than the citywide average.

How to get a quote

Online through State Farm or by contacting your local State Farm agent.

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2024 Policygenius award winner

Cincinnati Insurance

Cincinnati Insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.8

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A+

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Mobile app

Good student discount

New homebuyer discount

Offers classic car insurance

Offers earthquake insurance

Offers extended replacement cost

Offers gap coverage

Offers wildfire insurance

Why we chose itchevron icon

Cincinnati Insurance is one of the best home insurance companies in Cincinnati if your home is worth at least $750,000. If you have a high-value home, Cincinnati Insurance is a great choice for its range of coverage offerings and affordable rates.

Pros and conschevron icon

Pros

  • Earns 5-star ratings for customer service, financial stability, and coverage options

  • Offers a lot of valuable add-ons, including extended replacement cost coverage

  • Cheaper rates than average in Cincinnati

Cons

  • Best coverage only available to higher-value homes

  • No online quote tool

More detailschevron icon

Why we chose Cincinnati Insurance

Cincinnati Insurance is one of the top home insurance companies in Cincinnati for its Executive Select Plan. If your house is worth at least $750,000, you could add extended replacement cost coverage for your home, replacement cost coverage for your personal property, water backup protection, identity theft coverage, and more to your policy.

We also like Cincinnati Insurance's cheap rates. On average, Cincinnati Insurance is one of the cheaper insurance companies in the city. The company also offers a few discounts, like a bundling and new home discount, that could lower your rates even more.

How do Cincinnati Insurance rates compare to the Cincinnati average?

We found that the cost of home insurance from Cincinnati Insurance is $1,100 per year, which is 11% cheaper than the citywide average.

How to get a quote

Find an agent via Cincinnati Insurance's website

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2024 Policygenius award winner

Erie

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A+

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Mobile app

Bundle home & auto

Why we chose itchevron icon

Erie's wide range of coverage options, industry-best customer service ratings, and affordable rates make it one of the best home insurance companies in Cincinnati.

Pros and conschevron icon

Pros

  • Guaranteed replacement cost comes standard on Erie policies

  • Excellent customer service and claims satisfaction ratings

  • Cheaper rates than average in Cincinnati

Cons

  • Offers only a few discounts

More detailschevron icon

Why we chose Erie

Erie is one of the best homeowners insurance companies in Cincinnati for residents who want to add more protection to a basic policy, get top-rated customer service, and pay cheaper-than-average premiums.

Home insurance policies from Erie come standard with guaranteed replacement cost coverage — which you often have to pay extra for at other companies. A basic policy also covers lost and misplaced items, jewelry, and gift cards to closed businesses.

Erie also offers a range of add-ons that you can purchase, like short-term rental coverage, equipment breakdown coverage, water backup protection, underground service line coverage, and more.

How do Erie home insurance rates compare to the average in Cincinnati?

The average cost of Erie home insurance in Cincinnati is $984 per year, which is 21% cheaper than the citywide average.

How to get a quote

Online through Erie

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2024 Policygenius award winner

Farmers

Farmers Insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Offers extended replacement cost

Bundle home & auto

Smart home discounts

Why we chose itchevron icon

Farmers is one of the best home insurance companies in Cincinnati for those who want to add coverage to their policies. Farmers also has a range of discounts and high claims satisfaction scores.

Pros and conschevron icon

Pros

  • Optional extended or guaranteed replacement cost dwelling coverage

  • Receives few complaints from policyholders and has a high claims satisfaction score

  • Lots of available discounts

Cons

  • Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys

  • Much more expensive than average in Cincinnati

More detailschevron icon

Why we chose Farmers

Farmers is one of the best home insurance companies in Cincinnati, especially if you want to add coverage to a basic policy. Optional coverages from Farmers include guaranteed or extended replacement cost coverage, water backup protection, and a personal articles floater.

Farmers also earned a high score in J.D. Power’s 2022 claims satisfaction study (though it scored below average on J.D. Power’s overall customer satisfaction and digital experience surveys). Plus, Farmers receives fewer complaints than average, according to the National Association of Insurance Commissioners.

Farmers is one of the best companies for bundling home and auto coverage (you could save up to 18% on your premiums by bundling). The company also offers more than a dozen other discounts, many of which are easy for most homeowners to qualify for.

How do Farmers home insurance rates compare to the average in Cincinnati?

The average cost of Farmers home insurance in Cincinnati is $1,733 per year, which is 40% more expensive than the city's average annual premium.

How to get a quote

Online through Farmers

award icon

2024 Policygenius award winner

Grange Insurance

Grange Insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

New homebuyer discount

Smart home discounts

Bundle home & auto

Offers extended replacement cost

Offers gap coverage

Usage-based discount

Good student discount

Accident forgiveness

Mobile app

Why we chose itchevron icon

Grange Insurance is best suited for homeowners who prefer to work with a local agent to get a quote. Besides attentive service, Grange offers a range of coverage add-ons.

Pros and conschevron icon

Pros

  • Offers extended replacement cost coverage, other add-ons

  • Gets fewer complaints than average

  • Mobile app makes it easy to manage your policy and file claims

Cons

  • Rates are more expensive than average in Cincinnati

  • No option for online quotes

  • Doesn’t offer flood insurance

More detailschevron icon

Why we chose Grange Insurance

Grange Insurance is one of the top insurance providers in Cincinnati, especially if you want coverage from a smaller regional company. According to the National Association of Insurance Commissioners, Grange Insurance receives fewer complaints than average from its customers.

We also like that Grange Insurance offers a wide range of coverage options. The company lets homeowners add extended replacement cost coverage for their home, replacement cost coverage for their property, service line coverage, water backup protection, and more to a basic policy.

How do Grange Insurance's home insurance rates compare to the Cincinnati average?

We found that the average cost of homeowners insurance from Grange Insurance is $1,426 per year in Cincinnati, which is 15% more expensive than the citywide average.

How to get a quote

Find an agent online with Grange Insurance

How much is homeowners insurance in Cincinnati?

The average cost of homeowners insurance in Cincinnati is $1,240 per year, or $103 a month, for an insurance policy with $300,000 in dwelling coverage. This means insurance in Cincinnati is nearly the same as the statewide average of $1,236.

Cincinnati home insurance rates by ZIP code

To help you find out how much home insurance costs where you live, we calculated average home insurance rates by ZIP code in Cincinnati.

ZIP code

Average annual cost

Difference from state average (%)

45238

$1,217

-2%

45211

$1,257

2%

45230

$1,198

-3%

45237

$1,271

3%

45224

$1,246

1%

45245

$1,200

-3%

45219

$1,266

2%

45227

$1,213

-2%

45208

$1,195

-3%

45205

$1,307

6%

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Cheapest ZIP codes for home insurance in Cincinnati

We found that the cheapest average homeowners insurance in Cincinnati is in the 45221 ZIP code. On average, the cost of homeowners insurance in this ZIP code is $1,156 per year, 6% cheaper than Ohio's average.

ZIP code

Average annual cost

Difference from state average (%)

45221

$1,156

-6%

45235

$1,159

-6%

45267

$1,167

-6%

45234

$1,179

-5%

45208

$1,195

-3%

45209

$1,198

-3%

45230

$1,198

-3%

45245

$1,200

-3%

45227

$1,213

-2%

45226

$1,214

-2%

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Most expensive areas for homeowners insurance in Cincinnati

With an average home insurance rate of $1,307 per year, the 45205 ZIP code is the most expensive area for home insurance in Cincinnati. Rates here are 6% higher than Ohio's average.

ZIP code

Average annual cost

Difference from state average (%)

45205

$1,307

6%

45204

$1,301

5%

45203

$1,293

5%

45225

$1,292

5%

45214

$1,289

4%

45229

$1,287

4%

45223

$1,284

4%

45232

$1,284

4%

45237

$1,271

3%

45219

$1,266

2%

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Learn more >> Home insurance rates by ZIP code

Cincinnati home insurance costs by coverage amount

Dwelling coverage is the part of your home insurance that pays for physical damage to the structure of your home in the event of a covered loss. Your dwelling coverage limit should be based on the replacement cost of your home, or the amount it would take to rebuild your house from the ground up — not its market value or purchase price.

Home insurance policies also include liability coverage, which covers your medical or legal expenses if you’re responsible for someone else’s injury or property damage.

As seen in the table below, more dwelling coverage usually means higher home insurance rates.

Dwelling coverage limit

Average annual cost

$100,000

$661

$200,000

$951

$300,000

$1,240

$400,000

$1,553

$500,000

$1,914

Cincinnati home insurance costs by deductible amount

Home insurance is a great safety net, but all homeowners are responsible for an out-of-pocket deductible on each claim accepted by the insurance provider. A higher deductible can save you money on your yearly premium, but be careful not to set it at an amount you couldn't afford in the event of a claim.

As seen in the table below, Cincinnati residents can save almost $300 on home insurance by choosing a $2,000 deductible over the $500 option.

Deductible

Average annual cost

$500

$1,639

$1,000

$795

$2,000

$1,325

Cheapest homeowners insurance companies in Cincinnati

We found that the cheapest homeowners insurance companies in Cincinnati are Westfield Insurance, Allstate, Erie, Ohio Mutual, and Cincinnati Insurance. That said, your rates depend on where you live and other factors like coverage amount, deductible, your credit, home's age, and claims history.

Company

Average annual cost

Westfield Insurance

$802

Allstate

$881

Erie

$984

Ohio Mutual Insurance

$1,010

Cincinnati Insurance

$1,100

Western Reserve Group

$1,114

Auto-Owners Insurance

$1,162

State Farm

$1,232

USAA

$1,269

Nationwide

$1,419

Grange Insurance

$1,426

Progressive

$1,497

Encova Insurance

$1,731

Farmers

$1,733

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Cheapest home insurance in Cincinnati if you have poor credit

If you have a low credit score, your insurance company will likely consider you to be “high risk” since you may not be financially capable of covering small damages or losses out of pocket, and it’ll likely charge you higher home insurance rates as a result. 

The good news is some companies put less emphasis on credit scores when determining rates, so if you have poor credit, you can still find plenty of affordable coverage options.

With an average rate of $1,216 per year, Westfield Insurance has the cheapest home insurance rates in Cincinnati for a homeowner with poor credit.

Company

Average annual cost

Westfield Insurance

$1,216

Ohio Mutual Insurance

$1,281

Allstate

$1,377

Western Reserve Group

$1,426

Cincinnati Insurance

$1,461

USAA

$1,807

Nationwide

$1,864

Progressive

$1,969

Grange Insurance

$2,064

State Farm

$2,089

Erie

$2,260

Encova Insurance

$3,174

Farmers

$3,681

Auto-Owners Insurance

$10,333

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Cheapest home insurance in Cincinnati if you have an older home

It can be more expensive to insure older homes since they can be more prone to structural damage than newer homes. They're also often made with with materials and features that would be more expensive to replace after a claim.

The cheapest home insurance rates in Cincinnati for an older home come from Allstate, which has an average cost of $844 per year.

Company

Average annual cost

Allstate

$844

Erie

$1,023

Western Reserve Group

$1,069

Westfield Insurance

$1,071

Ohio Mutual Insurance

$1,113

Auto-Owners Insurance

$1,160

Cincinnati Insurance

$1,215

State Farm

$1,236

USAA

$1,339

Nationwide

$1,432

Grange Insurance

$1,498

Progressive

$1,570

Farmers

$1,697

Encova Insurance

$1,918

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Cheapest homeowners insurance in Cincinnati if you have a history of claims

Having a history of claims is one of the most likely reasons why your rates could be expensive. If you have multiple claims on your record, insurers will think you're more likely to file future claims than a homeowner without any past claims.

We found that Auto-Owners Insurance offers the cheapest home insurance rates in Cincinnati for someone with three claims in a five-year period.

Company

Average annual cost

Auto-Owners Insurance

$1,162

Westfield Insurance

$1,245

Ohio Mutual Insurance

$1,368

State Farm

$1,406

Allstate

$1,509

Western Reserve Group

$1,617

Erie

$1,817

Grange Insurance

$1,848

Progressive

$1,893

USAA

$2,264

Nationwide

$2,387

Cincinnati Insurance

$2,502

Farmers

$2,685

Encova Insurance

$2,700

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Coverage options in Cincinnati

When looking at how much each insurance company charges for different coverage levels and risks, you should also be aware of what your policy does and doesn’t cover.

Before you buy homeowners insurance in Cincinnati, you should be sure you're protected from flood damage.

Flood insurance

Many homes in Cincinnati and around the city are at risk of flooding because of how close they are to the Ohio River. Despite this risk, homeowners insurance policies don't cover damage from floods.

If you live in a part of Cincinnati that's prone to flooding, you should consider getting flood insurance. A few companies offer flood insurance endorsements or even separate flood insurance policies, but most companies offer coverage through the National Flood Insurance Program (NFIP).

How to get homeowners insurance quotes in Cincinnati

It’s important for Cincinnati residents to compare home insurance policies from multiple companies to ensure a proper coverage and rate comparison. 

Here are a few steps to follow as you shop for homeowners insurance in Cincinnati.

Steps to buying homeowners insurance in Cincinnati, OH

  1. Reach out to a licensed Policygenius agent. Finding the right homeowners insurance can be overwhelming. Our team of licensed home insurance experts are ready to help you find the right coverage at a price that is affordable.

  2. Ask about Cincinnati's FAIR Plan provider. If you’re having trouble finding home insurance through a traditional provider, consider asking your Policygenius agent about a policy through the Ohio FAIR Plan.

  3. Consider purchasing flood insurance. Flood damage isn't covered by standard home insurance policies, so if you live in a floodplain, ask your Policygenius agent about purchasing a separate flood insurance policy to make sure your home is fully protected.

  4. Figure out your deductible amount. You'll want to figure out how much you'll be able to afford to pay out of pocket every time you file a claim. 

  5. Compare quotes from a Policygenius agent. Once you have your coverage needs figured out and you input a few details about your house, we’ll send you quotes from multiple companies. A Policygenius agent can walk you through your options to help you find the right coverage at the best price.

  6. Choose your policy, sign it, and pay your first premium. After you’ve chosen the policy you want, your Policygenius agent will complete all of the paperwork for you. The only thing left for you to do is sign and pay your first premium. 

Compare home insurance rates in Cincinnati

We don't sell your information to third parties.

Frequently asked questions

What is the average cost of homeowners insurance in Cincinnati?

The average cost of homeowners insurance in Cincinnati is $103 per month, or $1,240 per year.

How much is flood insurance in Cincinnati?

Flood damage isn't covered by most standard homeowners insurance policies, but Cincinnati residents don't want to be left out to dry when things get wet. That’s where flood insurance comes in. On average, flood insurance costs around $738 per year.

What's the most important part of home insurance?

People might think the most important part of home insurance is the type of coverage in your policy, but what’s really key is getting your coverage amounts correct. If your coverage limits are too low, you could be in hot water if your home is damaged or destroyed. If your coverage limits are higher than your home’s insured value, you’ll find yourself overpaying for coverage you don’t need.

Author

Andrew Hurst is a senior editor and a licensed auto insurance expert at Policygenius. His work has also been featured in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin, and Property Casualty 360.

Editor

Pat Howard is a licensed insurance expert and managing editor at Policygenius. Pat has written extensively about the home insurance industry and his insights as a subject matter expert have appeared in several top tier publications, including The New York Times, The Wall Street Journal, CNBC, and Reuters. Pat has a bachelor's degree in journalism from Michigan State University.

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