How much is renters insurance in Ohio?

The average cost of renters insurance in Ohio is $231 a year, 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 may differ from your neighbours 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	$231
Average monthly premium	$19

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Best renters insurance companies in Ohio

Auto-Owners, Erie Insurance and American Family are our best renters insurance companies in Ohio.

Rates differ widely between renters insurance providers, so it pays to shop around. But rates aren’t the entire picture. It’s also important to choose an insurance company with a good reputation so you know it will be there for you when you need it.

To help you choose the best renters insurance in Ohio, we reviewed rates and third-party ratings including complaint volume with the National Association of Insurance Commissioners (NAIC) and financial ratings from AM Best.

Among the carriers surveyed, Auto-Owners is the best renters insurance company in Ohio, with a top score and an average renters insurance rate of $199.

Below is our list of best renters insurance companies in Ohio based on that analysis, with our score out of five.

Company	Average annual premium	AM Best	NAIC	Insurance.com rating
Auto-Owners	$199	A++	0.33	5
Erie Insurance	$219	A+	0.38	4.76
American Family	$327	A	0.37	4.38
Nationwide	$225	A+	0.87	3.74
Allstate	$225	A+	0.9	3.68
State Farm	$265	A++	0.95	3.53
Travelers	$555	A++	0.54	3.47
Grange Mutual	$151	B++	0.93	2.97

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Cheapest renters insurance in Ohio

Grange Mutual is the cheapest renters insurance company in Ohio based on our rate analysis with an average annual premium of $151.

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 cheapest renters insurance companies in Ohio and their average annual premiums.

Company name	Average annual premium
Grange Mutual	$151
Auto-Owners	$199
Erie Insurance	$219
Allstate	$225
Nationwide	$225
State Farm	$265
American Family	$327
Travelers	$555
USAA	$152

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Ohio renters insurance: The least and most expensive ZIP codes

Where you live in Ohio affects how much you pay for renters insurance. The most expensive ZIP code in Ohio for renters insurance is 43601, where the average annual rate is $300 which is $69 more than the state average insurance premium.

On the other end of the spectrum, the least expensive ZIP code for renters insurance is 44070, with an average annual rate of $205.

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

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Most expensive ZIP code
Least expensive ZIP code

ZIP code	Average annual rate
43601	$300
43608	$297
43610	$292
45423	$290
43604	$285
43609	$283
43620	$282
43605	$279
45861	$277
45055	$275

ZIP code	Average annual rate
44070	$205
44017	$206
44130	$207
45713	$246
43984	$261
44640	$264
45870	$267
45897	$269
43611	$272
45417	$274

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

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How to get cheap renters insurance in Ohio

There are a few things you can do to get cheaper renters insurance in Ohio:

Shop around. Not every Ohio renters insurance company offers the same rates or discounts. Shop around for the best price.
Ask about discounts. There are a lot of discounts available on renters insurance; one of the biggest is bundling your home and auto insurance, so ask for an auto quote at the same time.
Chose a higher deductible. Your deductible affects your premiums; higher deductibles mean lower rates. Just ensure you can afford the deductible if you have to pay it.

Methodology

Insurance.com compared renters insurance rates provided by Quadrant Information Services 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. To rank the best insurance companies, we gathered AM Best financial stability ratings, where an A++ is the best possible score, and National Association of Insurance Commissioners (NAIC) complaint ratios, which compare the number of complaints a company receives to the anticipated complaint volume based on market share. These factors were used along with rates to find the best companies overall.

Ohio renters insurance: FAQ

Do I need renters insurance in Ohio?

Renters insurance isn’t required by law, but your landlord may require you to purchase a policy as part of your lease agreement.

How much renters insurance do I need in Ohio?

You don’t need any renters insurance by law, but when buying a policy you should ensure you have enough personal property coverage to cover all of your personal property at replacement cost.