Cincinnati, OH Homeowners Insurance

Experts break down Cincinnati, OH homeowners insurance costs, coverage, companies, and more.

Ann Herro, Insurance Expert Written by Ann Herro
Ann Herro, Insurance Expert
Written by Ann Herro

Ann Herro has been writing about insurance and employee benefits for over 15 years. She has covered topics as easy as insuring a car, and as difficult as transparency in healthcare costs.


With a population of 303,940, the city of Cincinnati, Ohio is the economic and cultural hub of the Cincinnati metropolitan area. Cincinnati is home to three major sports teams, several highly regarded universities, and a wide variety of historic and cultural attractions.

If you own a home in Cincinnati, it’s important to protect your investment with homeowners insurance. A local independent insurance agent can help you find the right policy. These agents can work with some of the best insurance companies in Ohio to find you a reliable policy at a competitive price. 

Is Homeowners Insurance Required in Cincinnati, OH?

Homeowners insurance is not required by law in Cincinnati. But if you have a mortgage, your lender will likely require you to provide proof that you have sufficient homeowners insurance. 

How Much Does Homeowners Insurance Cost in Cincinnati, Ohio?

Home insurance rates in Ohio are much lower than the national average. Homeowners insurance rates in Cincinnati are slightly higher than the state average, but still lower than what many homeowners pay in other major cities across the country. Comparing quotes from multiple insurance companies can help you find the best policy for your needs and budget.

  • National average yearly premium: $1,211
  • Ohio average yearly premium: $862
  • Cincinnati average yearly premium: $953

The actual rates that you’re quoted for homeowners insurance will vary from one homeowner to the next. This is because home insurance rates are based on several factors that help insurance companies determine the unique risks for your property. These factors include:

  • The type of home you are insuring (e.g., single-family detached, multi-family home, townhouse, condo, rental property, etc.)
  • The size of your home, the year it was built, the materials used in its construction, and the age of your roof
  • The crime rate and weather risks in your community and neighborhood
  • Your claims history and credit score
  • Whether you are bundling your homeowners coverage with another policy like car insurance or life insurance

The amount of coverage you need and the deductibles you choose also impact your rates. Most insurance companies offer a variety of discounts to help you save.

The best way to make sure that you are getting the best price is to shop around. An independent insurance agent can get quotes from multiple insurance companies, so you can compare costs and coverage and make the best choice for your needs and budget.

What Does Homeowners Insurance Cover in Cincinnati, OH?

Your home insurance policy covers numerous risks that you may face as a Cincinnati homeowner, including damage caused by fires, severe weather, theft, and more. Your policy includes the following types of property coverage:

  • Dwelling coverage: Pays to repair and replace your damaged home, and will even pay out the value of your home if it is a total loss.
  • Personal property coverage: Pays for damage to your insured personal property, such as furniture, clothing, artwork, and so on.
  • Other structures coverage: Covers any detached structures located on your property (sheds, fences, detached garages).
  • Temporary living expenses coverage: Pays for additional living expenses (hotel bills, food, etc.) if you are forced to live somewhere else while your home is being repaired.

You will want to be sure you have sufficient dwelling coverage to enable you to repair or rebuild your house, and enough contents coverage to fully repair or replace all of your personal property. That way, if your home is destroyed in a catastrophic event like a fire, you will not suffer financially.

Your Cincinnati homeowners insurance policy also includes personal liability coverage. It is designed to protect you when someone claims you have caused an injury or property damage. It covers court costs, legal fees, and even settlements or judgments levied against you if you are sued.


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Does Homeowners Insurance Cover Flood Damage?

Homeowners insurance covers a wide range of problems that homeowners can encounter. But it’s important to recognize that your Cincinnati home insurance policy does not cover flood damage.

Flooding can be a serious problem. According to FEMA, just one inch of water in your home can cause as much as $25,000 in property damage. There are 17,104 properties in Cincinnati that have greater than a 26% chance of being severely affected by flooding over the next 30 years. This represents 10% of all properties in the city.

That’s why it’s a good idea to purchase flood insurance to supplement your home insurance policy. When you purchase a policy through the National Flood Insurance Program (NFIP), you can affordably get up to $250,000 in structural coverage and $100,000 in contents coverage for your home.

What Is the Burglary Rate in Cincinnati, OH?

The burglary rate in your community can have an impact on your home insurance rates. The burglary rate in Cincinnati is higher than both the state and national averages.

  • Number of burglaries per 1,000 people in the US: 3.76
  • Number of burglaries per 1,000 people in Ohio: 3.76
  • Number of burglaries per 1,000 people in Cincinnati: 4.12

If you live in an area with a higher rate of home burglaries, it will definitely impact what you pay for homeowners insurance. But if you protect your home and your belongings from break-ins, thefts, and vandalism, you can have peace of mind and avoid having to make home insurance claims.

A home security system is one of the best ways to keep burglars away. And always keep your home well-lit, inside and out. Be sure to leave the lights on even when you are away, and keep your doors locked even during the day.

A local independent insurance agent can help you be certain that your home and your possessions are properly insured.

Who Are the Best Homeowners Insurance Companies in Cincinnati, OH?

It can be simple to find the best homeowners insurance companies in Cincinnati, OH. A local independent insurance agent can help you get home insurance quotes from multiple insurance companies so you can select the best policy for your needs and budget.

How Can an Independent Insurance Agent Help You Find Homeowners Insurance Quotes in Cincinnati?

Instead of getting an online quote, find an independent insurance agent now, and get a one-on-one consultation and affordable options for the best coverage for your unique needs. Your agent will work with you free of charge, offering a variety of options so you can make the best choice.  

What’s more, your agent will be there for you when claim time comes. They know the ins and outs of the process and will make sure your claim is handled appropriately.

Contact an agent today for a free, no-obligation consultation.

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