Best Homeowners Insurance in Missouri (2024)

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Updated: December 4, 2024

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State Farm is the top home insurance provider in Missouri, but the best choice for you will depend on your requirements. AAA is the most cost-effective choice, especially for homeowners prioritizing their budget. Nationwide is the superior option for those with new homes. If you require a higher dwelling coverage, American Family is the better choice.

Unless stated otherwise, we used a $100,000 dwelling coverage limit for collecting quotes. Your required dwelling coverage will affect your insurance rates. MoneyGeek has also conducted a thorough review of the cheapest home insurance in Missouri for those prioritizing budget over service quality.

Key Takeaways

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For the best overall homeowners insurance in Missouri, Nationwide stands out with a perfect MoneyGeek score of 100 out of 100, offering exceptional affordability and customer service, particularly for new homes at a price of $1,439 per year. The runner-up is American Family, which excels in service quality with a MoneyGeek score of 93 out of 100, costing $6,021 per year for high-value homes due to its comprehensive coverage. Selecting the right provider depends on aligning your individual needs with the insurer's strengths in cost, coverage, and service.

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In Missouri, AAA stands out as the most cost-effective homeowners insurance provider, offering premiums as low as $877 per year. This makes it an excellent choice for budget-conscious homeowners. The runner-up in terms of affordability is State Farm, known for its balance of service and cost.

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The best homeowners insurance provider in Missouri for customer service is American Family, boasting a MoneyGeek score of 87 out of 100. The runner-up is State Farm, with a MoneyGeek score of 80 out of 100. American Family excels in providing superior service quality, ensuring prompt and effective communication, particularly crucial during claims processing.

Why Trust MoneyGeek? To determine the best homeowners insurance options in Missouri, we compiled quotes and information from the Missouri Department of Insurance and Quadrant Information Services, ensuring that data and industry standards back our recommendations.

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Home insurance rates in Missouri represent the latest quotes as of July 2024.

1,382,400Quotes Analyzed
 
8Companies Compared
 
16ZIP Codes

Overall Best Homeowners Insurance in Missouri

State Farm provides the best home insurance in Missouri. These are the overall leading homeowners insurance providers in The Show Me State:

  • State Farm: MoneyGeek score of 85 out of 100 ($1,184 per year)
  • AAA: MoneyGeek score of 83 out of 100 ($877 per year)

Homeowners will encounter varied costs and service quality among the many companies in Missouri. It's crucial to pinpoint an insurer that balances affordability and service to suit individual needs.

Company logo for State Farm
Best OverallState Farm
MoneyGeek Score:
85/ of 100
Overview

State Farm stands out in Missouri with a top-tier customer satisfaction score. Its average annual premium is $1,184.

State Farm offers discounts like roof replacement cost, which can substantially lower premiums if your roof is considered less risky. It also provides earthquake insurance, adding a layer of security for homeowners against seismic events — a crucial consideration in areas prone to such natural disasters. These options enhance the value and comprehensiveness of State Farm's home insurance policies.

Best Homeowners Insurance in Missouri for Customer Service

American Family is the best homeowners insurance provider in Missouri due to its superior service quality. These are the two best homeowners insurance providers in terms of service quality:

  • American Family: MoneyGeek score of 87 out of 100 ($1,722 per year)
  • State Farm: MoneyGeek score of 80 out of 100 ($1,184 per year)

Valuing service quality from an insurance provider means ensuring prompt, courteous and effective communication and assistance, especially when filing claims. Homeowners should prioritize good quality service to avoid added stress in times of need, such as receiving immediate help after storm damage.

Company logo for American Family Insurance
Best for ServiceAmerican Family Insurance
MoneyGeek Score:
87/ of 100
Overview

American Family excels in Missouri with a commendable customer satisfaction score, indicating consistent, high-quality service. Its average annual premium is $1,722.

Homeowners can benefit from State Farm's equipment breakdown coverage, which protects appliances and smart home systems against mechanical or electrical breakdowns. The declining deductible option rewards policyholders with a deductible reduction for years they remain claim-free. Both coverages offer practical value by enhancing protection and offering cost-saving opportunities.

Best Cheap Homeowners Insurance in Missouri

AAA is the best provider of affordable home insurance in Missouri for those on a budget. Below are the best and cheapest homeowners insurance providers:

  • AAA: MoneyGeek score of 91 out of 100 ($877 per year)
  • State Farm: MoneyGeek score of 85 out of 100 ($1,184 per year)

AAA offers low-cost premiums and maintains reasonable service quality. Knowing the average cost of home insurance in Missouri is important to help you find a provider like AAA, which balances cost and service quality. This can lead to a smoother claims process in the event of a loss.

Company logo for AAA
Best CheapAAA
MoneyGeek Score:
91/ of 100
Overview

With a perfect affordability score, AAA stands out for Missouri homeowners looking to save on home insurance. Its average annual premium is a competitive $877.

AAA offers various discounts to help homeowners lower insurance costs, including protective device and newly constructed home discounts. Protective device discounts reward homeowners for installing safety features such as smoke detectors and security systems, which can mitigate risk. Newly constructed home discounts benefit those who own newer homes with modern materials and safety standards, reflecting lower risks and therefore, lower premiums.

Best Homeowners Insurance in Missouri for Expensive Homes

American Family is the top choice for homeowners in Missouri who have expensive homes. These providers are the best in Missouri for homes requiring $1 million in dwelling coverage:

  • American Family: MoneyGeek score of 93 out of 100 ($6,021 per year)
  • State Farm: MoneyGeek score of 92 out of 100 ($6,222 per year)

American Family scores highest overall and has a perfect affordability score. For owners of high-value homes, finding a policy that balances extensive coverage with reasonable costs is crucial, as higher coverage needs can significantly influence premiums.

Company logo for American Family Insurance
Best for Expensive HomesAmerican Family Insurance
MoneyGeek Score:
93/ of 100
Overview

American Family is the best home insurance provider in Missouri for expensive homes. Its average annual premium is $6,021.

Homeowners can capitalize on America Family’s bundle discount by combining auto and home insurance for greater savings, especially as higher-value homes might need more coverage.

Adding layers of protection to your policy can be as crucial as the savings. American Family’s equipment breakdown and back-up of sewer or drain coverages are essential for high-end homes. They cushion against unexpected appliance failures and potential water backup damages, ensuring your estate remains pristine.

Best Homeowners Insurance in Missouri for New Homes

Nationwide is the premier insurer for new homes in Missouri. Our research indicates that these companies rank as the best and cheapest homeowners insurance providers in Missouri for $500K in dwelling coverage for those with new homes:

  • Nationwide: MoneyGeek score of 100 out of 100 ($1,439 per year)
  • Foremost: MoneyGeek score of 40 out of 100 ($6,428 per year)

Nationwide has exceptional affordability and customer service scores. Homeowners in Missouri can experience an excellent balance between price and service, ensuring substantial protection for their new homes without compromising on quality.

Company logo for Nationwide
Best for New HomesNationwide
MoneyGeek Score:
100/ of 100
Overview

Nationwide is the leading home insurance provider for those with new homes in Missouri, boasting a perfect affordability score and an average annual premium of $1,439.

Nationwide offers owners of newly purchased homes valuable savings, such as the home renovation discount for updating plumbing, electrical, heating or cooling systems. The gated community discount rewards secure living environments. Its guaranteed replacement cost option is particularly beneficial for new homes, covering the full cost of rebuilding after a loss.

Best Homeowners Insurance in Missouri for Veterans

For veterans seeking homeowners insurance, USAA is the superior choice in Missouri. It offers exclusive services tailored to military personnel and their families. These are the best and most cost-effective homeowners insurance companies for veterans and military families in Missouri:

  • USAA: MoneyGeek score of 86 out of 100 ($1,195 per year)
  • AAA: MoneyGeek score of 78 out of 100 ($877 per year)

The right homeowners insurance company is key for veterans. These companies recognize the special circumstances they may face, such as frequent moves and deployments and ensure their homes and possessions are safeguarded.

Company logo for USAA
Best for VeteransUSAA
MoneyGeek Score:
86/ of 100
Overview

USAA is exclusive to military members and their families. Its average annual premium is $1,195.

USAA's personal property replacement cost coverage ensures full replacement value for your belongings, safeguarding against depreciation loss. The company also offers discounts such as the connected home discount, which rewards the installation of smart home devices. Its loyalty savings discount offers price reductions for long-term policyholders, enhancing value for service-minded families.

How to Find the Best Homeowners Insurance in Missouri for You

The best homeowners insurance providers balance service quality and affordability, offering excellent customer service and comprehensive coverage at reasonable premiums. The best homeowners insurance for you hinges on aligning the provider's offerings with your individual needs. These steps can help you confidently secure the insurance suited to your requirements.

  1. 1

    Assess Your Insurance Needs

    Start by determining the extent of coverage necessary for your home. Evaluate the value of your home and belongings and assess potential risks to understand how much home insurance coverage you need.

  2. 2

    Research Various Providers

    Conduct thorough research on different insurance companies. Look into their financial strength, customer reviews and the range of policies they offer to identify reputable insurers.

  3. 3

    Compare Coverage and Costs

    Once you have a list of potential insurers, scrutinize what each policy covers against its cost. Utilize resources to compare home insurance quotes and find the best value for your needs.

  4. 4

    Understand the Policy Details

    Carefully read through the fine print of the insurance policies. Pay attention to coverage limits, deductibles, exclusions and any additional coverages to make an informed decision.

  5. 5

    Consult With an Independent Agent

    For personalized guidance, speak to an independent insurance agent. They can offer insights into various policies and help you navigate the selection process to ensure you choose the best possible homeowners insurance.

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DOES HOME INSURANCE COVER FLOOD DAMAGE IN MISSOURI?

Flood insurance is not a legal requirement for Missouri homeowners. However, purchasing flood insurance in Missouri is advisable to avoid the costs of flood damage repairs.

FAQ: Homeowners Insurance in Missouri

Selecting the best homeowners insurance provider in Missouri hinges on your specific requirements, whether it's coverage options, customer service or premium costs. To further aid your search, here are the most frequently asked questions regarding Missouri's top homeowners insurance providers.

Which insurance company is best for home insurance in Missouri?

Who has the most affordable homeowners insurance in Missouri?

About Mark Fitzpatrick

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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.

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