Columbus ,OH Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Columbus, OH homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Columbus, OH is $1467. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Columbus, OH. VHome Insurance will help you navigate the world of homeowners insurance coverages in Columbus, OH.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $587 |
| $200,000 | $998 |
| $300,000 | $1,232 |
| $400,000 | $1,878 |
| $500,000 | $2,362 |
Home insurance costs in Columbus can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 043224 | $1,343 |
| 43207 | $1,338 |
| 43227 | $1,324 |
| 43203 | $1,414 |
| 43223 | $1,317 |
| 43211 | $1,296 |
| 43222 | $1,307 |
| 43220 | $1,574 |
| 43212 | $1,597 |
| 43215 | $1,564 |
| 43214 | $1,508 |
| 43201 | $1,516 |
| 43202 | $1,467 |
| 43240 | $1,433 |
| 43231 | $1,387 |
| 43229 | $1,377 |
| 43205 | $1,451 |
| 43206 | $1,433 |
| 43204 | $1,355 |
| 43232 | $1,338 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Columbus, OH, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,504 |
| $1000 Deductible | $1,345 |
| $1500 Deductible | $1,269 |
| $2500 Deductible | $1,144 |
| $5000 Deductible | $968 |
| Home Insurance Company Near Columbus, OH | Homeowners Insurance Agency Near Columbus, OH | Address |
|---|---|---|
| NA | Phelps Financial Services Inc. | 659 Park Meadow Rd Ste H, Westerville, OH, 43081 |
| NA | Sterling Insurance Group Ltd. | 4218 Indianola Ave, Columbus, OH, 43214 |
| NA | Tri Wood Ins Agency Inc | 1000 Georgesville Rd, Columbus, OH, 43228 |
| Nationwide | David Stanley & Assoc Inc | 341 Norton Rd, Columbus, OH, 43228-1730 |
| State Farm | Tim Workman | 1590 Coshocton Ave Unit A, Mount Vernon, OH, 43050-1559 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Franklin County, Ohio | $90 | $120 | $180 |
| Grandview Heights city, Ohio | $97 | $129 | $194 |
| Bexley city, Ohio | $99 | $131 | $197 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Columbus, OH | 4.4% | 12.9% |
| Franklin County | 4.14% | 11.7% |
| Grandview Heights | 3.17% | 9.33% |
| Bexley | 3.06% | 8.54% |
| Columbus Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 3,332 | 2.0% | $342 |
| $200 to $299 | 4,077 | 2.0% | $792 |
| $300 to $499 | 11,061 | 6.0% | $1242 |
| $500 to $749 | 52,127 | 31.0% | $1917 |
| $750 to $999 | 56,037 | 33.0% | $2667 |
| $1,000 to $1,499 | 32,249 | 19.0% | $3792 |
| $1,500 or more | 6,740 | 4.0% | $5442 |
| Streets in Columbus Area | Homeowners Insurance Cost |
|---|---|
| Garrett St, Elmwood Dr, Lofton Cir, Arrowtip Ln, Baywood Dr, Carano Way, E Lincoln Ave, Barrhill Dr, Scenic View Cir, Kastlekove Dr | $714 |
| Rock Dove Rd, Delta St, Mira St, Twp Hwy 89, Rowland Ave, Hammond St, Greentree Dr, Greentree Ct, Shortcut Rd, Parkhurst Dr | $699 |
| Grove Hill Dr, N Sandusky St, Co Rd 220, Olenbrook Dr, Cambrian Commons Dr, Lewis St, Gemini Pkwy, Southbluff Dr, Meadcrest Ct, Woodwind Dr | $735 |
| Adara Dr, N Sandusky St, Bristol Commons Pl, Sirius St, Kingsbury Rd, Co Rd 91, Colonial Commons Dr, Sedona Ct, Turnhart Pl, S Washington St | $744 |
| Lago Ln, E Winter St, Scottwood Ct, Wynstone Dr, Eaton St, Pulsar Pl, Caldwell Dr, McElhinny Ln, Stockard Loop, Sanville Dr | $741 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Columbus | $106 to $108 |
| Franklin County | $108 |
| Grandview Heights | $116 |
| Bexley | $118 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $2,900 |
| Yearly Columbus Homeowner Insurance Premium Example | $500 | $300 |
| Out of Pocket Expense During Claim | $1,900 | $2,900 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $5,900 | $5,300 |
| Net Savings to Columbus Home Owner from High Deductible Plan | $600 | |
| Scenario | Columbus, OH Home Replacement Value MORE than Home Value | Columbus, OH Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $184,000 | $139,000 |
| Insurance Premium based on Replacement Value | $650 | $475 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $21,000 | Risk Exposure from Under Insuring Coverage is $24,000 |
| Premium Impact | Insurance cheaper by $100/year | Insurance costlier by $75/year |
| Insurance Company | Amica Mutual Insurance Company | Allstate | Chubb Group of Insurance |
| Monthly Premium | 37 | 28 | 73 |
| Year Built | 1949 | 2011 | 1972 |
| Home Details | 5 Beds, 2 Baths | 4 Beds, 1 Baths | 3 Beds, 1 Baths |
| Coverage Amount | $100000-$125000 | $175000-$200000 | $200000-$250000 |
| Deductible | $1000-$2500 Deductible | > $10,000 Deductible | $500 Deductible |