The Best Homeowners Insurance Companies in Missouri
Homeowners in Missouri can expect a hard time deciding which company they should go with for home insurance as most of them offer great policies. When looking for Missouri home insurance companies, customers should consider that this state is frequently hit by natural disasters like ice storms, tornadoes, severe storms, flooding, and even earthquakes.
After evaluating price and essential coverage from the state’s biggest insurance providers, we recommend Garrison Property and Casualty Insurance as the top homeowners insurance company in Missouri. Even though it is a subsidiary of USAA, a company usually known for serving military members exclusively, Garrison’s policies are available to every customer. From our selection of best insurance companies in Missouri, State Farm and Garrison (by extension of being part of USAA) made it to our list of best homeowners insurance in the U.S. What do you need to know about the homeowners insurance in Missouri? Keep reading to find out.
The 4 Best Homeowners Insurance Companies in Missouri
- Garrison Property and Casualty Insurance Company: Best Overall
- AAA: Best For Bundling With Auto Insurance
- State Farm: Best Web Experience
- American Family Insurance: Best For New Homebuyers
Compare Missouri’s Top Insurance Companies
| Company | Average Annual Premium* | AM Best Financial Strength | J.D. Power Overall Customer Satisfaction** |
| Garrison Property and Casualty Insurance Company (USAA subsidiary) | N/A | A++** | 889***/1000 |
| AAA | $1,359 | N/A | N/A |
| State Farm | $1,889 | A++ | 821/1000 |
| American Family Insurance | $1,894 | A | 821/1000 |
Information as of 09/24/2020.
*Data from Bankrate.com, based on $250,000 in dwelling coverage.
**J.D. Power 2020 U.S. Property Claims Customer Satisfaction Study, based on a 1,000-point scale.
***The rating corresponds to USAA’s group of companies.
Garrison Property and Casualty
The best thing about Garrison for Missourians is that it offers really good earthquake coverage. The next best thing are its affordable premiums. It is beat only by USAA (its parent company) and AAA.
Best Overall
Why we chose it
Why we chose it
Pros
- Extensive earthquake coverage
- Exceptional customer service
Cons
- Online resources are hard to find
- Limited discounts
Discounts available
- Save 10% if you bundle with auto
- Claims-free 10% discount
- Home security system discount
Unique features
Garrison’s policies are written with customers’ needs in mind. They offer comprehensive coverage, affordable premiums and stand out for its excellent customer satisfaction.
*Data from Bankrate.com, based on $250,000 in dwelling coverage.
**J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale. All the ratings and scores correspond to USAA’s group of companies.
AAA
The American Automobile Association (AAA) is a well-recognized insurance company. The nonprofit organization may be best known for auto insurance and roadside assistance, but it’s been supporting homeowners with home insurance policies through local partners for over a century.
Best for Bundling with Auto
Why we chose it
Why we chose it
Pros
- High customer satisfaction claims ratings Low homeowners insurance prices AAA discounts for travel and other policies
- Low homeowners insurance prices
- AAA discounts for travel and other policies
Cons
- Requires AAA membership first
- You may have to buy auto insurance before you can access homeowners policies
- Home insurance is provided by a local partner.
Discounts available
- Retired member discount
- Claims-free
- Renovated home
- Hail-resistant roof
Unique features
Many of the local AAA clubs provide home systems protection to cover heating, air conditioning or water heater breakdowns.
*Data from Bankrate.com, based on $250,000 in dwelling coverage.
**J.D. Power 2020 U.S. Property Claims Customer Satisfaction Study, based on a 1,000-point scale. Because AAA is a network of many local “clubs,” data varies by region
State Farm
State Farm offers above-average customer support along with competitive pricing and solid coverage options. For those new to home ownership, its Simple Insights blog can tell you everything you need to know about homeownership in general.
Best Web Experience
Why we chose it
Why we chose it
Pros
- Financially strong
- Excellent web presence
- 19,000+ agents nationally
- Informative blog
Cons
- Limited discounts
- Higher premiums
Discounts available
- Multiple policy discount
- Fire, smoke, or burglar alarms discount
- Impact-resistant roof discount
Unique features
State Farm’s comprehensive website makes it easy to get a detailed quote in minutes. You can also pay your bill, file and manage a claim, and handle most maintenance tasks either online or via the company’s app.
*Data from Bankrate.com, based on $250,000 in dwelling coverage.
**J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
Further Reading on State Farm:
American Family Insurance
American Family Insurance is a good choice for any type of homeowner, but it especially shines for new homebuyers. The insurer’s affordable premiums and a variety of online learning resources are ideal for someone just getting started with purchasing their first home.
Best for New Homebuyers
Why we chose it
Why we chose it
Pros
- Customizable coverage options
- Good customer satisfaction ratings
- Solid financial ratings
- Helpful digital resources for new homebuyers & 24/7 claims center
Cons
- Limited availability
Discounts available
- Smart home discount
- Generational discount if your parents are policy holders
- Renovated home discount
Unique features
American Family’s MyAmFam App was redesigned to make managing your homeowners insurance policy easier.
*Data from Bankrate.com, based on $250,000 in dwelling coverage.
**J.D. Power 2020 U.S. Property Claims Customer Satisfaction Study, based on a 1,000-point scale.
Further Reading on American Family:
- American Family Homeowners Insurance Review
- American Family Renters Insurance Review
- American Family Auto Insurance Review
Average Cost of Homeowners Insurance in Missouri
The average cost of homeowners insurance in Missouri is $1,558 per year, according to 2021 data from Bankrate.com This is higher than the national average of $1,312 per year. The main reason behind having a higher-than-average rate is because this state has experienced extreme storms during the past years. However, there are a variety of factors that affect what each homeowner pays regardless of where they live, including:
- Home size
- Home location
- Home age
- Type of policy
- Discounts
- Credit score
- Deductible
Home Insurance Add-Ons That May Further Protect You
Missouri is subject to numerous micro earthquakes throughout the year. Running through Missouri is a fault zone called New Madrid, which is the reason for all the seismic activity. Other natural hazard risks in the state include floodings, storms, tornadoes and sinkholes. For which we recommend to have the following add-ons in your homeowners insurance in Missouri:
- Earthquake coverage: Seismologists predict that a big earthquake is set to hit in the not so distant future, so it’s better to be safe than sorry.
- Sinkhole protection: Though relatively rare, the U.S. Geological Survey names Missouri as one of the seven states where sinkholes occur most often. Sinkholes can do damage to both your home and land, so it’s worth talking through the risk with your insurer and seeing whether coverage is available.
- Flood insurance and water damage insurance: They are not the same and don’t assume that you are covered for both. Most homeowners insurance won’t cover flooding, so you may have to purchase a separate policy through a different provider or the federally funded National Flood Insurance Program.
- Crop insurance: If you’re a farmer, you may also want to consider this coverage to protect your hard work from severe weather patterns, such as droughts and flooding. This may also require separate policies to cover all of your risks.
The Cheapest Homeowner Insurance Companies in Missouri
| Homeowner Insurance Companies | Average Annual Premium* |
| USAA | $1,190 |
| AAA | $1,359 |
| Travelers | $1,416 |
| Allstate | $1,534 |
| State Farm | $1,889 |
| American Family | $1,894 |
| Shelter | $2,047 |
*Based on $250,000 in dwelling coverage
Top 3 Cheapest Homeowners Insurance Companies in Missouri
- USAA: $1,190
- AAA: $1,359
- Travelers: $1,416
Top 3 Most Expensive Homeowners Insurance Companies in Missouri
- Shelter: $2,047
- American Family: $1,894
- State Farm: $1,889
Helpful Resources for Missouri Homeowners
Most home insurance business can be done online, even comparing quotes from providers. Unless a branch has a brick-and-mortar branch nearby, and you prefer to do business that way, there really isn’t a need to apply in person for homeowners insurance in Missouri. Depending on what type of policy interests you, you may be asked specific questions about the state of your house, such as: How old is the water heater or the house’s electrical wiring and plumbing? How old is the roof? Have you done any recent renovations? Do you have a fireplace? To answer these questions accurately, try to have on hand the inspection report. This will help make the quoting process easier.
If you are looking for useful resources to understand homeowners insurance in Missouri you can check:
- Missouri’s Department of Commerce & Insurance guide for homeowners insurance that includes a helpful how-to guide on reading and understanding your policy.
- A list of earthquake coverage insurers compiled by the Department of Insurance, Financial Institutions and Professional Registration.
- An article about how to estimate your homeowners insurance
- Find answers to the most common homeowners insurance questions
Homeowners Insurance FAQ
Methodology
We evaluated the companies based on their third-party agency ratings for customer experience, financial stability, as well as coverage options to determine which might be the best providers.
To compare home insurance companies across the board, we considered the following factors:
- Customer Ratings — Customer ratings are an indication of satisfaction with the process of filing a claim. We measured this using 2021 J.D. Power Home Insurance Study ratings.
- Coverage — As there isn’t one company to fit everyone’s needs, we evaluated companies by the amount of coverage options and add-ons available.
- Confidence — It is extremely important for insurance companies to fulfill customers’ claims. Companies with sound financial strength ratings indicate a positive history of being able to pay out claims. We measured this using AM Best ratings.
- Customer Experience — The amount of complaints a company receives is an indicator of the overall customer experience as it expresses dissatisfaction. We have based this measure on the National Association of Insurance Companies National Complaint Index.
Rates are based on quoted annual premiums from Bankrate.com. These are sample rates and should be used for comparative purposes only. Your quotes may be different.
The coverage limits for home insurance rates reflect the following coverage and limits:
- Coverage A, Dwelling: $250,000
- Coverage B, Other Structures: $25,000
- Coverage C, Personal Property: $125,000
- Coverage D, Loss of Use: $50,000
- Coverage E, Liability: $300,000
- Coverage F, Medical Payments: $1,000
The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).
About the Authors
Nina Rodríguez-Quirós is a feature writer for Reviews.com. Over the last year, she has covered insurance providers, claims handling, coverage and more. She has been featured in Allconnect.com and holds a Master’s Degree in Theory and Research of Communications from the University of Puerto Rico. Her favorite review is Millennials and Auto Insurance.
