Best homeowners insurance in Columbus

The average homeowners insurance rate in Columbus is $1,143. Read for our guide to the best companies, policy cost, and coverage considerations in the Columbus area.

Pat Howard 1600

Pat Howard

Published March 27, 2020

KEY TAKEAWAYS

  • The highest-rated home insurance company in Columbus is USAA

  • The average annual premium for a home in Columbus is $1,143

  • Columbus residents should ensure their homes are protected against extreme winter storms and freezing temperatures

Homeowners insurance is a type of financial protection that covers your home, personal property, and additional living expenses in the event your home is damaged or burglarized. It also covers medical payments and legal expenses if you or a member of your household are liable for bodily injury or damage to someone’s property. If you’re one of 45% of Columbus residents who owns a home rather than rents, you’ll want to make sure that your dwelling is adequately insured against bad weather and theft.

Columbus is the Ohio capital, it’s home to a top-ranked university, and it has too many breweries to even count — it’s no wonder The Arch City is one of the fastest-growing cities in the United States. Whether you’re a Columbus resident who’s re-shopping for lower rates or you’re purchasing coverage for a new home, you’ll want to make sure your investment is protected with a comprehensive homeowners insurance policy. There are many reputable insurers in the Columbus area with industry-best financial ratings and customer service — we provided a list of those companies below, along with how much you should expect to pay for homeowners insurance in the city’s most popular residential neighborhoods and suburbs.

Keep reading for our guide on homeowners insurance in Columbus, and check out our Ohio homeowners insurance guide for more information about insuring your home in the Buckeye State.

In this article:

Best homeowners insurance companies in Columbus

When selecting a homeowners insurance policy, you’ll want to look at far more than simply the cost of coverage. Consider the insurer’s financial standing with credit agencies like A.M. Best, customer service and claims ratings with J.D. Power, and the price for the level of coverage you’re getting, amongst other factors. Companies that offer enhanced home rebuild protection like extended replacement or guaranteed replacement cost will offer more peace of mind for homeowners than a company that only has standard replacement cost coverage provisions.

The table below looks at the 10 most popular insurers (companies with the highest market share) in Ohio, along with respective A.M. Best ratings, J.D. Power ratings, and Policygenius full-scale company ratings. Here’s more information about the Policygenius home insurance reviews methodology.

Insurance companyA.M. Best ratingJ.D. Power ratingPolicygenius rating
AllstateA+3/57.4/10
American FamilyA+3/58.5/10
Cincinnati FinancialA+N/AN/A
ErieA+5/5N/A
GrangeA-N/AN/A
NationwideA+2/57.7/10
Safeco (a division of Liberty Mutual)A+2/57.3/10
State FarmA++4/58/10
USAAA++5/58.7/10
WestfieldAN/AN/A

Be sure to check out our guide on the best homeowners insurance companies in the country

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Average homeowners insurance rates in Columbus

The average annual cost of homeowners insurance in Columbus is $1,143, according to Policygenius quotes. That makes rates in Columbus higher than the statewide average of $862 (per the Insurance Information Institute), but keep in mind that home rebuild costs — specifically labor and construction materials — generally cost more in population-dense areas where the housing demand is higher.

As you can see, the cheapest area to insure your home is Forest Park East, while City View Heights has the highest rates, according to our quotes.

Popular residential neighborhood (ZIP code)Average annual premium
Delaware(43015)$996
Hilliard (43026)$941
Westerville (43081)$1,146
Canal Winchester (43082)$1,514
Canal Cove (43110)$1,305
Clintonville (43202)$1,180
Olde Towne East (43205)$1,598
Merion Village (43207)$1,059
Eastmoor (43209)$1,746
Fifth by Northwest (43212)$1,080
Marble Cliff Crossing (43221)$1,807
Franklinton (43223)$596
Georgian Heights (43228)$1,445
Forest Park East (43229)$717
Blendon Woods (43230)$1,188
Northern Woods (43231)$1,262
City View Heights (45011)$1,942
Liberty Township (45044)$1,537

Columbus homeowners insurance guide

Columbus residents don’t have to worry about their homes succumbing to natural catastrophes like property owners in other parts of the country. But since you need to have your home insured anyway, you may as well make sure the coverage is top-notch and priced at optimal rates.

The most common homeowners insurance claims are due to internal water damage (non-flood related) and wind or hail damage. A standard homeowners insurance policy will cover your home and personal belongings from water damage in some cases — like if a pipe burst — but it won’t cover gradual leaks or sewer backups. A water backup coverage endorsement is a low-cost add-on that can fill in that coverage gap and ensure you’re fully covered against this common and expensive home maintenance issue.

Central Ohio is also prone to the occasional Tornado — the state experienced 44 in 2017, 19 in 2018, and a whopping 58 in 2019, which is among the most twisters in the country during that span. Most homeowners insurance covers windstorm and hail damage — including damage caused by tornadoes and violent hail storms — but only up to the limits in your policy. Considering that a tornado can wipe out your entire block, let alone your home, you’ll want to make sure your property is insured for its full replacement cost.

Is homeowners insurance required in Columbus?

Homeowners insurance is not required by law in Columbus, but most mortgage lenders will require that you get homeowners insurance and maintain coverage throughout the duration of the mortgage.

Homeowners insurance resources for Columbus residents