Ohio Homeowners Insurance Coverage
Whether you own a lakeview home in Ashtabula or a split-level outside Columbus, with a Farmers Smart Plan Home® policy you can choose quality coverage for your Ohio lifestyle today, with many ways to help you save.
Is homeowners insurance required in Ohio?
No, homeowners insurance is not required by law in Ohio. However, in order to get a home loan, your mortgage lender will likely require you to obtain a certain amount of insurance coverage.
What does homeowners insurance cover in Ohio?
Every policy is different, but home insurance policies in Ohio typically come with several standard coverages.
- Dwelling (Coverage A). This coverage helps you pay for damage to your home from a covered event, such as a fire, windstorm, lightning or hail.
- Other structures (Coverage B). This coverage is intended to help cover structures that aren’t connected to your home, like a fence or shed.
- Personal property (Coverage C). This coverage can help you repair or replace your personal belongings if they are stolen or damaged.
- Loss of use, or additional living expense coverage (Coverage D). This coverage can help you pay to stay somewhere else if your home is uninhabitable due to covered damage.
- Personal liability (Coverage E). This coverage helps pay for accidental property damage or injuries you cause through negligence.
Typical home insurance policies in Ohio cover damage caused by events such as:
- Fire
- Vandalism and theft
- Lightning strikes
- Wind
- Hail
- Explosions
- Falling objects
- The weight of snow or ice
Flooding, a common risk in parts of Ohio, is not covered. However, special flood insurance through the National Flood Insurance Program (NFIP) may be available.
Home insurance coverage options in Ohio
Farmers® gives you multiple options for covering your home and personal property. You can customize your policy to suit your lifestyle and dwelling type:
- Single-family home
- Condo
- Mobile or manufactured
- Seasonal or vacation
- Rental property
- Older home
How much does homeowners insurance generally cost in Ohio?
The average premium for home insurance coverage in Ohio is $871 per year1 , according to a 2020 report (the most recent data available) by the National Association of Insurance Commissioners (NAIC). That’s less than the national average of $1,311 a year, according to same report. However, insurance costs in most states have changed since then. Also, the amount you pay may be different, depending on things like the value and age of your home, how much personal property you want to cover, what deductible you choose and risks specific to your area.
Ohio home insurance discounts
Farmers offers a variety of savings opportunities for eligible home insurance customers in Ohio, including:
- Multi-policy
- Protective devices
- Non-smoker
See more information and additional discounts that may be available in Ohio.
Northern Cardinal
More coverage options in Ohio
Learn From Experience
Read real-life stories about insurance, renovations, home safety and more from pros and homeowners like you.
Outdoor water pipes need protection especially before the first hard freeze — when the temperature drops to 28 degrees or lower for a few hours. The danger point for indoor pipes is estimated at around 20 degrees, but that varies depending on whether the pipes are in less insulated areas or inside exterior walls.
When outside forces — think: inflation, natural disasters, supply chain issues, rising construction costs — impact either (or both) of those factors, it can explain why rates may be increasing. But there are steps you can take to help keep your costs down.
In A Flash, Lightning Can Fry Every Appliance (And More) In A Home. But Saving Homes From Lightning Strikes Isn’t Impossible.
Lightning can destroy appliances and cause serious harm to your property. Learn how to identify and reduce damage from lightning strikes to your home.
1 Based on average premium for HO-3 type open perils homeowners policies.