Best and cheapest renters insurance in Ohio

Best renters insurance companies in Ohio

When choosing the best renters insurance company in Ohio, make sure you’re comparing on more than just price. We’ve compared quotes, coverage options and J.D. Power scores from all the major insurers in Ohio. Below is our list of best renters insurance companies in Ohio based on that analysis, with our score out of five. Note that USAA only offers coverage to military families.

Company	Average rating(out of 5)
Erie Insurance	4.5
Nationwide	4
State Farm	4
Allstate	3.5
American Family	3.5
USAA	3.5
Travelers	2.5

Compare the best renters insurance companies in Ohio

Comparing quotes from multiple insurance carriers is one way to ensure you will get your money’s worth. There can be big differences in price between different renters insurance providers, so it pays to shop around. Ensure you buy from a company offering affordable renters insurance and consistent customer service.

To simplify your task, we have compared the carriers for Ohio residents based on their average rates and ratings from J.D. Power. Among the carriers surveyed, Erie Insurance is the best renters insurance company in Ohio. It earned 881 out of 1000 from J.D. Power and has an average renters insurance rate of $249.

The table below offers a detailed comparison of renters insurance companies in Ohio.

Company	J.D. Power Score	Average Annual Premium	AM Best Ratings
Erie Insurance	881	$249	A+
State Farm	844	$219	A++
Nationwide	852	$235	A+
American Family	856	$279	A
Allstate	835	$214	A+
USAA	894	$152	A++
Travelers	835	$555	A++

How much is renters insurance in Ohio

Ohio residents pay an average of $226 a year for renters insurance, and the average monthly cost is $19. That’s for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

What you pay for renters insurance will not be the same as a neighbor’s price because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.

“The number one thing that’s most important is to get good liability. A renter’s policy will default to $100,000 liability,” Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. “It costs next to nothing to go from $100,000 to $500,000. I want to say it’s probably 10 bucks a year. It’s really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that’s, at its core, what insurance is all about: the worst-case scenario.”

Average Annual Premium	Average Monthly Premium
$226	$19

Most expensive ZIP codes in Ohio for renters insurance

Several factors affect your renters insurance coverage cost in Ohio, including your location and the coverage you buy. The most expensive ZIP code in Ohio for renters insurance is 43608, where the average annual rate is $300 which is $74 more than the state average insurance premium.

The following table lists the most expensive ZIP codes in Ohio for renters insurance.

ZIP code	Average Annual Rate
43608	$300
43610	$296
43601	$295
43604	$288
43611	$286
43612	$281
43605	$278
43613	$276
45418	$275
43609	$271

Least expensive ZIP codes in Ohio for renters insurance

Renters insurance rates in Ohio are cheaper in some areas. Based on a rate analysis by Insurance.com, the least expensive ZIP code for renters insurance in Ohio is 45113, and its average annual rate is $202.

Below, you’ll find the least expensive ZIP codes for renters insurance, along with their average annual rates.

ZIP code	Average Annual Rate
45113	$202
45177	$203
44256	$204
44254	$205
45729	$206
44090	$207
45719	$208
43438	$209
44625	$210
43045	$211

Compare renters insurance rates by city in Ohio

Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in Ohio.

City	Annual insurance premium
Akron	$225
Canton	$221
Cincinnati	$232
Cleveland	$225
Columbus	$225
Dayton	$244
Hamilton	$234
Lorain	$212
Toledo	$276

Cheap renters insurance in Ohio by company

There are a lot of companies offering renters insurance in Ohio. Among the carriers surveyed by Insurance.com, USAA is the cheapest renters insurance company in Ohio; its average annual premium is $152.

Renters insurance prices can vary drastically between companies. That’s why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.

Below are the best cheap renters insurance companies in Ohio and their average annual premiums.

Company Name	Average Annual Premium
USAA	$152
Grange Mutual	$160
Auto-Owners	$205
Allstate	$214
State Farm	$219
Nationwide	$235
Erie Insurance	$249
American Family	$279
Travelers	$555

Methodology

Insurance.com compared renters insurance rates in 2022 provided by Quadrant Data Solutions for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. Content was updated in 2023.