The spring tornado season in Missouri combined with its severe storm season in the summer makes it extra important to protect your house with a solid homeowners insurance policy.
Fortunately for Missouri residents, while its $2,579 average annual premium is about 47% higher than the national average, it's still possible to get cheap home insurance in Missouri.
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 the best homeowners insurance companies in Missouri
According to our analysis, State Farm, American Family, Farmers, Nationwide, and Allstate are the best homeowners insurance companies in Missouri.
Policygenius analyzed thousands of quotes the largest Missouri insurers to find the average cost of homeowners insurance at each company. We then looked at J.D. Power customer satisfaction scores and compared that with the coverage needs of the state's residents to find the best homeowners insurance in Missouri.
Company | Average monthly cost | Policygenius rating |
|---|---|---|
$217 | 4.8 out of 5 | |
$204 | 4.5 out of 5 | |
$418 | 4.5 out of 5 | |
$283 | 4.5 out of 5 | |
$224 | 4.4 out of 5 |
2023 Policygenius award winner
State Farm
4.8
Bundle home & auto
Offers extended replacement cost
Offers flood insurance
Offers earthquake insurance
Wind/hail deductible
Offers wildfire insurance
Why we chose it
State Farm is the best home insurance company in Missouri thanks to its large selection of policy options, high customer service marks, and industry-best financial stability ratings. Its rates are also about average in the state.
Pros and cons
Pros
Top-tier coverage add-ons, including extended replacement cost coverage
High customer satisfaction and financial strength ratings
Big discount for bundling home and auto coverage
Cons
No discounts for first-time homebuyers
Rates are about average in Missouri
More details
Why we chose State Farm
State Farm is the best home insurance company in Missouri, especially if you want to add coverage to a basic policy. State Farm lets homeowners get extended replacement cost coverage for their homes, replacement cost coverage for their personal property, water backup protection, and more.
State Farm's customer service is highly rated, too. The company has received high ratings from policyholders, according to J.D. Power’s 2022 customer satisfaction, claims, and digital experience surveys. It has also received the highest rating possible from A.M. Best for financial strength and stability.
How do State Farm home insurance rates compare to the Missouri average?
The average cost of home insurance from State Farm in Missouri is $2,604 per year, which is 1% more expensive than the statewide average.
How to get a quote
Online through State Farm or by contacting your local State Farm agent.
2023 Policygenius award winner
American Family
4.6
Offers extended replacement cost
Offers flood insurance
Bundle home & auto
Why we chose it
American Family is one of the best home insurance companies in Missouri, especially for people who want to add coverage to a basic policy. AmFam also has high customer service ratings and several discounts.
Pros and cons
Pros
Several one-of-its-kind coverage endorsements and policy perks
High customer satisfaction and digital shopping satisfaction scores with J.D. Power
Cheaper rates than average in Missouri
Cons
Requires you to work with an agent to purchase a policy
More details
Why we chose American Family
American Family is one of the top home insurance companies in Missouri. You can customize your American Family policy with up to 15 additional coverage options — including inland flood, equipment breakdown, and service line coverage.
In Missouri, home insurance from American Family costs $136 less than average per year. AmFam's many discounts (including paying your premiums all at once, opting for paperless billing, and signing up for automatic payments) can make your premiums even cheaper.
How do American Family home insurance rates compare to the Missouri average?
The average annual cost of American Family home insurance in Missouri is $2,443 per year, which is 5% cheaper than the statewide average.
How to get a quote
Online with American Family or by contacting a local agent
2023 Policygenius award winner
Farmers
4.5
Offers extended replacement cost
Bundle home & auto
Smart home discounts
Why we chose it
Farmers is one of the best home insurance companies in Missouri for those who want to add coverage to their policies. Farmers also has a range of discounts, and high claims satisfaction scores.
Pros and cons
Pros
Optional extended or guaranteed replacement cost dwelling coverage
Receives few complaints from policyholders and has a high claims satisfaction score
Cons
Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys
Rates are much more expensive than average
More details
Why we chose Farmers
Farmers is one of the best home insurance companies in Missouri, 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.
How do Farmers home insurance rates compare to the average in Missouri?
The average cost of Farmers home insurance in Missouri is $5,012 per year, which is nearly double the state's average annual premium.
How to get a quote
Online through Farmers
2023 Policygenius award winner
Nationwide
4.5
Bundle home & auto
Mobile app
New homebuyer discount
Offers extended replacement cost
Why we chose it
Nationwide is one of the best home insurance companies in Missouri for top-rated customer service. Nationwide also offers a range of add-ons that you can use to personalize your coverage, though its rates are more expensive than average.
Pros and cons
Pros
Receives fewer complaints than average
Multiple high-quality coverage options
Cons
Below-average digital experience ratings
Rates are more expensive than average in Missouri
More details
Why we chose Nationwide
Nationwide is one of the best home insurance companies in Missouri for its great customer service. Nationwide ranks fifth on J.D. Power's Property Claims Satisfaction Study from 2022 and receives far fewer complaints than other insurers, according to the National Association of Insurance Commissioners.
We also like Nationwide's many coverage options, including guaranteed and extended replacement cost coverages, better roof replacement, new belongings coverage, water backup protection, and equipment breakdown coverage.
How do Nationwide home insurance rates compare to the Missouri average?
The average cost of Nationwide home insurance in Missouri is $3,399 per year, which is 32% more expensive than the annual statewide average.
How to get a quote
Online through Policygenius or Nationwide
2023 Policygenius award winner
Allstate
4.5
Bundle home & auto
Smart home discounts
Why we chose it
Allstate is one of the top home insurance companies in Missouri. While its rates are higher than average in the state, Allstate also offers a few add-ons that can make a basic policy stronger.
Pros and cons
Pros
Offers HostAdvantage for short-term rental coverage
Offers water backup protection, other endorsements
Cons
Beginning to pull back coverage in high-risk areas
Higher rates than average in Missouri
More details
Why we chose Allstate
Allstate is a top home insurance company in Missouri. We like that Allstate offers some home insurance coverages that you can add to your policy for more protection, like water backup protection, scheduled personal property coverage, and identity theft restoration coverage.
If you're looking to cover your short-term rental, Allstate's HostAdvantage is another perk. HostAdvantage comes with theft protection, coverage for your damaged property ($10,000 per host period), and a $25 discount on cleaning services from Merry Maids.
How do Allstate home insurance rates compare to the Missouri average?
The annual average cost of Allstate home insurance in Missouri is $2,690 per year, which is 4% more expensive than the statewide average.
How to get a quote
Online through Policygenius or Allstate, or by contacting a local Allstate agent.
How much is homeowners insurance in Missouri?
The average cost of homeowners insurance in Missouri is $2,579 per year, or $215 a month, for an insurance policy with $300,000 in dwelling coverage. This means insurance in Missouri is 47% more expensive than the national average per year.
Missouri homeowners insurance rates by city
We calculated the cost of home insurance in Missouri's largest cities and found that O'Fallon is the cheapest big city for homeowners insurance in the state, while Independence is the most expensive.
Here’s a look at the average cost of home insurance in the 20 largest cities in Missouri.
City | Average monthly cost | Average annual cost | Difference from state average (%) |
|---|---|---|---|
Kansas City | $236 | $2,828 | 10% |
St. Louis | $199 | $2,389 | -7% |
St. Louis | $220 | $2,645 | 3% |
Springfield | $206 | $2,475 | -4% |
Columbia | $218 | $2,615 | 1% |
Independence | $240 | $2,878 | 12% |
Lee's Summit | $237 | $2,839 | 10% |
O'Fallon | $196 | $2,351 | -9% |
St. Charles | $203 | $2,431 | -6% |
St. Joseph | $238 | $2,852 | 11% |
Blue Springs | $239 | $2,867 | 11% |
St. Peters | $199 | $2,385 | -8% |
Joplin | $216 | $2,595 | 1% |
Florissant | $208 | $2,492 | -3% |
Chesterfield | $198 | $2,371 | -8% |
Wentzville | $199 | $2,389 | -7% |
Jefferson City | $213 | $2,558 | -1% |
Cape Girardeau | $217 | $2,607 | 1% |
Wildwood | $202 | $2,418 | -6% |
University City | $214 | $2,566 | -1% |
Missouri homeowners insurance rates by coverage amount
The table below highlights the average annual premium in Missouri for five different levels of dwelling coverage, which is the part of your policy that covers structural damage to your home.
Generally speaking, more dwelling coverage means higher homeowners insurance rates, as shown in the table below.
Dwelling coverage limit | Average annual cost |
|---|---|
$100,000 | $1,311 |
$200,000 | $1,948 |
$300,000 | $2,579 |
$400,000 | $3,203 |
$500,000 | $3,857 |
Cheapest homeowners insurance companies in Missouri
By analyzing home insurance rates in all of the state's ZIP codes, we found that the cheapest home insurance companies in Missouri are Armed Forces Insurance, AAA, USAA, American Family, and State Farm.
Company | Average annual cost |
|---|---|
$1,363 | |
$1,631 | |
$1,791 | |
$2,443 | |
$2,604 | |
$2,690 | |
$3,399 | |
$3,681 | |
$5,012 |
Cheapest Missouri homeowners insurance if you have poor credit
Many insurance companies in Missouri will factor in your credit score when calculating your insurance premiums. Generally speaking, the higher your credit score, the lower your insurance premiums will be, and vice versa.
We found that Armed Forces Insurance offers the lowest rates for homeowners with poor credit at $1,746 per year.
Company | Average annual cost |
|---|---|
Armed Forces Insurance | $1,746 |
AAA | $2,325 |
USAA | $2,397 |
American Family | $3,362 |
Allstate | $3,806 |
Nationwide | $4,183 |
State Farm | $4,468 |
Shelter Insurance | $4,970 |
Farmers | $11,489 |
Cheapest Missouri homeowners insurance if you have an older home
It can cost a lot to insure older homes. That's because they're more prone to structural damage than new homes. Older homes are also often constructed out of materials and with features that would be expensive to replace if they were damaged.
With an average annual premium of $1,394, Armed Forces Insurance offers the cheapest home insurance rates in Missouri for an old home.
Company | Average annual cost |
|---|---|
Armed Forces Insurance | $1,394 |
AAA | $1,570 |
USAA | $1,805 |
American Family | $2,481 |
Allstate | $2,637 |
State Farm | $2,664 |
Shelter Insurance | $2,926 |
Nationwide | $2,975 |
Farmers | $6,632 |
Cheapest Missouri homeowners insurance if you have a history of claims
If you have multiple claims on your record, you'll typically pay more for home insurance, as insurers will consider you more likely to file future claims than a homeowner with a spotless claims history.
With an average annual premium of $1,793, Westfield Insurance offers the cheapest home insurance rates in Missouri if you've filed three claims within a five-year period.
Company | Average annual cost |
|---|---|
Armed Forces Insurance | $1,793 |
USAA | $2,271 |
AAA | $2,673 |
State Farm | $3,039 |
American Family | $3,789 |
Shelter Insurance | $4,389 |
Allstate | $4,447 |
Nationwide | $5,082 |
Farmers | $11,671 |
Coverage options in Missouri
In addition to looking at how much each insurance company charges for different coverage levels and risks, you should also know what your policy does and doesn’t cover.
When buying homeowners insurance in Missouri, you may need additional insurance to protect yourself against strong winds and floods.
Windstorm insurance
Storms in Missouri can bring strong winds and even tornadoes. Even though homeowners insurance usually covers damage from wind and tornadoes, it's more complicated in Missouri, where there were an average of 56 tornadoes per year from 1997 to 2022.
Some home insurance companies in the state may charge a separate wind deductible, while others won't cover wind damage at all. If you're not covered, you would need to get a separate windstorm policy or find a company that covers wind damage.
Flood insurance
Homeowners insurance policies don’t cover flood damage. If you live in a part of Missouri experiences flooding, you should consider flood insurance along with your regular home insurance.
In addition to comparing home insurance quotes, homeowners in Missouri can also compare private flood insurance rates with Policygenius, or choose a policy through a government entity like the National Flood Insurance Program.
How to buy homeowners insurance in Missouri
Finding the right amount of coverage at the right price may feel overwhelming initially, but it’s quite manageable if you have the right guide. Since Missouri’s average annual premium is higher than the national average, shopping around when choosing a policy is important to getting the best price.
Here are a few steps to follow as you shop for homeowners insurance in Missouri:
Frequently asked questions
What is the average cost of homeowners insurance in Missouri?
The average cost of homeowners insurance in Missouri is $240 per month or $2,876 per year.
Why is home insurance in Missouri so expensive?
Homeowners insurance is more expensive in Missouri because of the high probability of natural disasters. Living in an area prone to tornadoes and storms increases the risk you will need to file a claim. This is why it is so important to shop around to find a policy that will fully protect your home.
Do I have to have homeowners insurance in Missouri?
While it’s not legally required to purchase homeowners insurance in Missouri, most mortgage lenders will require you to purchase home insurance before extending you a home loan.
