REVISION : How to Compare Home Insurance Quotes (2024)
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Best Missouri Homeowners Insurance (2024)

Published on:
Content was accurate at the time of publication.

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Key Takeaways

  • Allstate is the best home insurance company for most Missouri homeowners.
  • Shelter has the state’s best complaint rating.
  • USAA offers the best home insurance options for members of the military and their families.

Find the Cheapest Home Insurance Quotes in Missouri

Allstate is the cheapest home insurance option in Missouri, offering an average rate of $2,356 a year. 

USAA is the second-cheapest option in the state, at $2,424 a year. However, USAA only provides home insurance to active-duty and veteran military members, as well as their families.

American Family is the second-best option for most Missouri homeowners, at $3,159 a year.

To compare, the average home insurance rate in Missouri is $3,387 a year.

Cheapest home insurance companies in Missouri

CompanyAverage annual rate
Allstate$2,356
Shelter$2,870
American Family$3,159
State Farm$3,321
Travelers$4,081
Nationwide$5,496
USAA*$2,424

Allstate is the best homeowners insurance company in Missouri for cheap rates. USAA has the best policy options for homeowners in the military, and Shelter has the best complaint rating.

Missouri home insurance company comparison

CompanyAverage annual rateOverall satisfaction (higher is better)Complaint index (lower is better)
Cheapest rates: Allstate$2,356868 (below average)1.79 (below average)
Best for military: USAA*$2,424899 (above average)0.50 (above average)
Best complaint index: Shelter$2,870NA0.31 (above average)
Average$3,3878691.0

Sources: J.D. Power’s 2024 Property Claims Satisfaction Study and 2023 complaint data from the National Association of Insurance Commissioners (NAIC).

Cheapest average home insurance rates: Allstate

Allstate has the cheapest rates of the major home insurance companies we surveyed in Missouri, at an average of $2,356 a year. This is 30% cheaper than the average Missouri home insurance rate of $3,387 a year.

ProsCons
 Cheapest average rate in Missouri Need to upgrade to Allstate’s Enhanced Package to take part in RateGuard and Deductible Rewards programs
 Rateguard program lets you file one claim every five years without a rate increase High complaint rating
 Deductible Rewards program can lower your deductible if you don’t make a claim Over satisfaction lower than national average
 Many discounts for qualified homeowners

Best for military members: USAA

USAA offers home insurance rates that are cheaper than the state average. It also has policy offerings tailored to active-duty and veteran military members. Both USAA’s claims satisfaction and complaint index rating are excellent.

ProsCons
 Second-cheapest home insurance rates in Missouri May not get the same agent every time you contact USAA
 Active-duty service members get coverage for military equipment and uniforms with no deductible Only available to active-duty and veteran military and their families
 Personal property coverage at replacement cost

Best complaint index rating: Shelter

Shelter has a National Association of Insurance Commissioners (NAIC) Complaint Index rating of 0.31, the best complaint rating of the homeowners insurance companies we surveyed in Missouri.

ProsCons
 Excellent complaint rating No 24/7 customer service
 Below-average home insurance premium No J.D. Power rating
 Good discounts

Find the Cheapest Home Insurance Quotes in Missouri

The average cost of homeowners insurance in Missouri is $3,387 a year. This is 21% higher than the national average home insurance rate of $2,801.

There are a few different reasons for Missouri’s high home insurance rates. The state’s high flood risk combined with frequent tornadoes and earthquakes all increase the risk of homeowners filing claims. Companies raise rates to offset costs when a claim is filed.

Other factors that affect your final home insurance quote include:

  • Age of your home
  • ZIP code
  • Construction materials used
  • Your claim history

Home insurance companies consider these factors differently when calculating your quote. For example, one company may think your neighborhood is more of a risk than another company, and that could raise your rate.

To get the best combination of cost and coverage, compare home insurance quotes from several different companies online before buying a policy.

Of the 15 most populated cities in Missouri, O’Fallon has the lowest average home insurance rate of $2,894 a year. Joplin has the highest average rate of $3,978 a year.

Average cost of home insurance by city

CityAverage annual rate
Ballwin$2,943
Blue Springs$3,633
Cape Girardeau$3,246
Chesterfield$2,941
Columbia$3,154
Florissant$2,960
Independence$3,685
Jefferson City$3,024
Joplin$3,978
Kansas City$3,832
Kirkwood$2,912
Lee's Summit$3,707
Liberty$3,659
Mehlville$2,948
O’Fallon$2,894

Methodology

The rates shown in this article are based on nonbinding quotes collected from Quadrant Information Services. Your rates may vary. Average rates were compiled from rates in Missouri.

The following coverages and deductible were used unless otherwise noted:

  • $400,000 dwelling coverage
  • $40,000 other structures
  • $200,000 personal property
  • $80,000 loss of use coverage
  • $100,000 liability
  • $5,000 medical payments
  • $1,000 deductible

*USAA is only available to active-duty and veteran military members and their families.