If you own a home in Missouri, you should consider buying homeowners insurance to protect it from damage and loss. A standard homeowners policy will cover your house, your other structures and your personal possessions against various perils such as fire, theft and water damage.
Best Home Insurance in Missouri: Allstate USAA Liberty Mutual
Shop around for homeowners insurance if your budget allows. Protecting your most precious asset requires the right homeowners insurance.
A company that is reputable should be able to offer the right balance of affordability and quality service. They also need to have a strong claim rating. MoneyGeek has analyzed thousands quotes to identify the Missouri homeowners insurance companies that provide these factors.
Allstate, USAA, and Liberty Mutual are the best home insurers in Missouri based on customer ratings, savings from deductibles, and coverage options. The companies offer discounts and educational materials to first-time homebuyers and those switching policies.
Missouri Costs and Insurance Issues
Cost of homeowners insurance is affected by a variety of factors including location, age, and credit score. Some people may pay more if they live in a high risk area, like a tornado-belt or a city that has a higher crime rate.
Check your state insurance requirements. Some states require homeowners carry certain types of insurance such as coverage for earthquakes or floods. Shopping around is a good idea if the state you live in requires that you buy separate insurance.
Age and condition of the home can affect insurance rates. As your older home needs more maintenance or repairs, you may see a higher premium.
If your home is in a tornado-prone region or has an above-average risk of natural disasters, you should consider adding additional coverages to your homeowners policy. These policies will protect your home against damage caused by storms and natural disasters such as landslides and earthquakes.
Other coverages that you may want to consider include:
Other structures on the property (garages or sheds), which are not connected to your house, may also be covered. Most often, a separate policy will cover the damage. This type of coverage is important to ensure that you can replace any structures that are destroyed or damaged during a natural disaster.
Depending on the coverage you choose, it will depend on your personal preferences and circumstances.
Full Replacement Cost
This option will cover the costs of rebuilding your home after a disaster. This option is useful for homeowners rebuilding their home after a disaster.
Extra Coverage
The coverage is useful for homeowners who have added a pool or a hot tub to their house. You can also get coverage for the cost to replace your items, if they're stolen or damaged.
In addition to these standard coverages, you can also get a wide range of add-ons and endorsements for an additional fee. Additions that are popular to your Missouri home insurance policy include:
A Zero Deductible Benefit
Many insurance companies offer a zero-deductible benefit that can save you a substantial amount of money in the event of a claim. This can be a great way to lower your annual homeowners insurance rate, but be sure that you understand how it works before purchasing it.