Average Home Insurance Cost Ohio

That being said rates do fluctuate and really depend on the condition of your home as well as the insurer you choose.

Average home insurance cost ohio. Ohio homeowners currently pay an average of 871 a year for insurance or about 73 a month. As of 2019 the average ohio homeowner pays 797 in annual homeowners insurance fees for a monthly rate of 66. According to the insurance information institute iii ohio has an average home insurance cost of 850 per year as of 2016 or 70 83 per month. That puts it in the middle of the pack compared to the average rates for homeowners insurance by state.

How much does homeowners insurance cost in ohio. These costs are impacted by the unique home insurance risks for each state the amount of coverage a typical homeowner buys in each state and several other factors. That s 26 percent less than the national average of 1 083 yearly. Ohio is the 24th least expensive state in the country for home insurance.

Was 1 192 per year or 99 33 per month. Homeowners insurance rates in ohio have increased fairly slowly over the last few years. That same year the average cost of homeowners insurance in the u s. As you can see the rate of increase between 2016 and today is less than the increase between 2016 and 2015.

Its average cost is 198 or 9 less than the national average of 2 305 for the coverage level of. Depending on where you live the average cost of home insurance can fall anywhere between 400 and 3 000 per year.