Ohio’s Top Home Insurance Companies

Ohio’s top insurance companies combine affordability, third-party ratings, coverage options and customer satisfaction to meet diverse needs. Explore statewide average home insurance premiums and rates by city to get an idea of what you can expect to pay for your home coverage.

American Family stands out with a focus on service, high affordability and a variety of key coverages including original equipment manufacturer (OEM) coverage. Its excellent claims handling score contributes to its overall MoneyGeek score.

Toth-Felty Insurance

A good auto insurance provider in Ohio can offer affordable rates that are often lower than the state average. A local agent can understand the ins and outs of Cleveland’s specific car insurance requirements, and they can help you find a policy that meets your needs. This includes determining which coverages you need and which ones are optional, based on your unique driving habits and financial situation. Some drivers may only require the minimum state liability requirements, while others might prefer comprehensive or collision coverage. In addition, a good insurer should have a claims process that is straightforward and easy to navigate.

Homeowners insurance is not required by law in Ohio, but it can protect your largest investment from property damage. It can also cover living expenses if your home is destroyed by fire or other disasters. In order to get the best rate, you should shop around and compare quotes from different insurers. Other factors that might affect your premium include the location and value of your home, as well as your claims history. You can also reduce your premiums by bundling home and auto insurance, as well as implementing safety features like smoke detectors and burglar alarms.

Some of the most common ways to save on car insurance in Ohio include comparison shopping, bundling policies, and increasing deductibles. By doing this, you can save money on your premiums without sacrificing quality coverage.

American Family

The company also sells life, health and home insurance through its subsidiary companies, such as Homesite and The General. Moreover, AmFam provides investment and retirement planning services. The company has a strong financial profile, with an A (Excellent) rating from AM Best and an issuer credit rating of A+ from Standard & Poor’s.

American Family car insurance rates are cheaper than average and the company ranks in the third quartile of our rankings of cheapest major car insurers. However, its home rates are a bit higher than the national average. Still, its customers give the company high marks for satisfaction. In fact, it scored above average in the 2022 J.D. Power homeowners and auto insurance customer satisfaction studies, and it received fewer than the industry median number of complaints based on an NAIC complaint index.

AmFam offers several types of car insurance, such as basic liability and collision coverages, plus more valuable add-ons, like gap coverage and accidental death and dismemberment coverage. It also offers a variety of discounts, including a mileage-based driving discount, an early bird rate, and savings for bundling multiple policies. For home insurance, the company offers a variety of options, including a smart home discount and a loyalty discount for long-term policyholders.

Travelers

Travelers is a good choice for customers who value robust policy options, as it offers a variety of home and auto coverage types. The company also sells life insurance policies and allows customers to bundle their car, home and life insurance for discounts. However, its customer satisfaction ratings were below average in both shopping and claims experience in 2023 J.D. Power insurance satisfaction surveys, which may be a concern for some shoppers.

Travelers was founded in 1864 by James Batterson, a stonecutter, and became the first company in the United States to offer multiple types of insurance.

The company has since expanded its business to include many different products and services, including investment banking and global insurance operations. It rebranded itself in 2002 as Travelers Companies Inc. to reflect its growing global presence and focus on the property and casualty market.

The company’s auto insurance rates were 9th lowest in WalletHub’s rankings, but the exact price you’ll pay depends on your driving history, car make and model and state. You can get a quote on their website. The company also offers a wide range of auto discounts, including safe driver, new car and multi-car discounts. In addition, it offers several accident forgiveness plans and a vehicle replacement service for qualifying drivers who total a relatively new vehicle.

Cincinnati Insurance

Cincinnati Insurance Company is a top-rated insurance provider that offers personal and business insurance. It is known for its excellent claims handling, financial strength and stability, and openness in accounting and governance practices. Its products and services include auto, home, life and business insurance. Its home insurance policies provide protection against fire, theft, water damage and more. Its auto insurance includes bodily injury liability, property damage liability and collision and comprehensive coverage. It also offers optional coverages such as rental car reimbursement and gap insurance.

In addition to offering a large range of coverages, Cincinnati Insurance Company also provides specialized insurance packages for specific needs. For example, its Personal Auto Plus policy bundles a number of add-on coverages such as lock replacement coverage and trip interruption coverage. The company also offers a number of discounts for customers, including good driver and multiple vehicle discounts.

Depending on the type of life insurance coverage, applicants may be required to undergo a physical exam or blood and urine test. These tests typically check for cholesterol, triglycerides and blood sugar levels. In addition, the company may require a health questionnaire that asks about family history, smoking and other factors. Term, whole and universal life insurance plans are available through the company. The company also offers business insurance, which protects against property loss and workers’ compensation claims.