Updated: December 13, 2024
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In Toledo, Ohio, Auto-Owners is the best and cheapest home insurance company overall. It's also the top option for excellent customer service.
Choosing the best cheap home insurance depends on your needs and preferences, such as affordability, customer service and coverage options.
Best HomeInsuranceToledo, OHTable of Contents
Why Trust MoneyGeek? We used data from Ohio's Department of Insurance and Quadrant Information Services to find the best homeowners insurance in Toledo.
Home insurance premiums in Toledo represent the most competitive rates as of September 2024.
Auto-Owners is the best home insurance option for $100K dwelling coverage in Toledo, OH, with a MoneyGeek score of 99 out of 100.
Home insurance companies in Toledo have scores ranging from 44 to 99, according to MoneyGeek's scoring system. Scores vary based on factors like credit history and home age.
| Auto-Owners Insurance | 99 | $768 |
| State Farm | 90 | $872 |
| American Family | 87 | $1,221 |
| Nationwide | 80 | $959 |
| Farmers | 76 | $1,098 |
| Allstate | 68 | $1,111 |
| Travelers | 44 | $3,534 |
Auto-Owners is the best home insurance company in Toledo, OH, for $100K dwelling coverage due to its high affordability and customer satisfaction scores. The overall top providers are:
While cost is important, consider factors like customer service and coverage options, as they can impact claim experiences.
Auto-Owners scores high in affordability and coverage, making it a top choice for home insurance. Discounts like responsible payment and paperless billing can reduce costs. Paying premiums on time for 36 months or choosing online billing options qualifies you for these savings.
It offers valuable coverages like guaranteed replacement cost, which fully covers your home even if your limit is too low. Personal property replacement cost covers damage from leaks and more.
Auto-Owners offers the best customer service in home insurance for $100K dwelling coverage in Toledo, OH. The top providers in this category are:
Auto-Owners stands out for its exceptional customer satisfaction and comprehensive coverage, contributing significantly to its high MoneyGeek score.
Excellent service in home insurance includes helpful customer support and effective claim handling.
Auto-Owners is best for service quality, thanks to its high customer satisfaction and coverage scores. Key coverages include guaranteed replacement cost, which covers repair costs exceeding your policy limit, and scheduled personal property, which protects valuable items from loss or damage. Equipment breakdown coverage helps with repairs or replacements for failed home appliances.
You can save with discounts like responsible payment, which rewards timely premium payments, and bundling multiple policies.
Auto-Owners is the best cheap home insurance company for $100K dwelling coverage in Toledo, OH, due to its high affordability and customer satisfaction scores. The top budget-friendly providers for this coverage amount are:
If saving on premiums is a priority, exploring the cheapest homeowner insurance companies can help. However, choosing low-priced home insurance often means lower coverage, which might not be enough if an accident happens.
The best cheap home insurance isn't always the cheapest — it balances cost and value.
Auto-Owners is the best cheap home insurance company, scoring high in affordability and customer satisfaction. You can save with discounts like responsible payment, which rewards timely premium payments.
The company offers valuable coverages, including equipment breakdown for home appliances and systems. Guaranteed replacement cost coverage ensures your home is fully covered if your limit is too low.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 23, 2024
Homeowners insurance in Toledo depends on many factors, including location. Comparing rates saves money but takes about 15 minutes per company or over an hour if you review three or more. Use MoneyGeek's home insurance calculator to save time. Enter your age, dwelling coverage, credit score, deductible, liability coverage and more for a quick estimate.
Auto-Owners offers the lowest home insurance rates in Toledo, OH. A critical factor influencing home insurance costs is the dwelling coverage you choose. Here are the cheapest rates for various coverage levels:
Getting the cheapest homeowners insurance in Ohio from companies like Auto-Owners can help you manage your budget effectively.
| Auto-Owners Insurance | $768 |
| State Farm | $872 |
| Nationwide | $959 |
| Farmers | $1,098 |
| Allstate | $1,111 |
| American Family | $1,221 |
| Travelers | $3,534 |
Auto-Owners is the cheapest option for insuring high-value homes in Toledo, OH. High dwelling coverage is necessary for homes that cost more to replace, leading to increased home insurance costs.
Auto-Owners has the best rates for $750K coverage, while State Farm is the most affordable for $1M coverage.
| Auto-Owners Insurance | $2,886 |
| State Farm | $3,605 |
| Allstate | $3,976 |
| American Family | $4,507 |
| Nationwide | $4,679 |
| Farmers | $4,995 |
| Travelers | $12,253 |
Nationwide has the cheapest insurance for new homes in Toledo, OH.
Nationwide balances affordability and coverage, even if it isn't always ranked best in some categories.
Ensure you're adequately covered when choosing a policy.
| Nationwide | $425 |
| State Farm | $523 |
| Auto-Owners Insurance | $614 |
| Allstate | $709 |
| Farmers | $774 |
| American Family | $781 |
| Travelers | $1,626 |
The best cheap homeowners insurance providers balance quality and cost, offering excellent customer service and coverage at affordable premiums. The best option for you depends on your needs. Consider factors like coverage, customer service and deductibles.
Follow these steps to find the best cheap home insurance:
To determine how much home insurance coverage you need, assess your rebuilding costs, personal property value and liability needs.
Research insurance companies in Toledo, OH. Seek those with strong financial stability, positive customer reviews and a history of quality service.
Once you know your coverage needs, compare home insurance quotes. In Toledo, OH, average annual premiums for $100K dwelling coverage range from $768 to $3,534.
Inquire with each provider about discounts you may qualify for, such as for bundling policies, installing safety features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium. Ensure you can afford it if a claim arises.
Enhancing security systems and installing sturdy locks can lower your home's risk profile, potentially reducing insurance costs.
A good credit score can influence your insurance rates. Pay bills on time and minimize outstanding debt.
Bundling your homeowners insurance with other policies like auto insurance can lead to substantial discounts and savings.
The best cheap home insurance provider depends on your coverage needs and budget. Get answers to common questions about the best affordable insurance rates in Toledo, OH.
The average annual cost of home insurance in Toledo, Ohio, is $1,078.
Auto-Owners offers the cheapest home insurance in Toledo, Ohio, with an average annual premium of $768.
Auto-Owners provides the best home insurance in Ohio for Toledo residents, with a MoneyGeek score of 99 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
