Home Insurance in Columbus
Columbus, Ohio, is a city known for its rich historical role in the American Civil War and home to the Ohio State Buckeyes. As the 14th largest city in the nation, living in the Ohioan capital definitely has its perks. From its low cost of living to its growing job market, there’s a lot that comes with residing in Columbus.
Known as one of the top three best places to live in the state, Columbus is a great place to settle down. Named after Christopher Columbus, with a large population of just under 1 million people and among the most diverse cities in the state, the hustle and bustle is alive and well.
Whether you are thinking about moving to Columbus or already consider yourself a Columbusite, there’s a lot you can do to make sure your home is protected.
How much is homeowners insurance in Columbus, Ohio?
Home insurance in Columbus, Ohio, costs $2,077 per year. This is equivalent to about 700 slices of Columbus-style pizza or 21 tickets to a Buckeyes football game. For comparison, the statewide average for Ohio home insurance is around $969 a year.
Columbus has a relatively low cost of living, and recently, it's become known for its prime real estate. So if you’re thinking of making a move to the Ohio area, now's the time.
What factors influence my home insurance rate?
While purchasing homeowners insurance in Ohio is relatively cheap compared to the rest of the country, there are a lot of different factors that can influence your home insurance premium, including your home’s location, age and size, as well as your insurance score.
Is homeowners insurance required by law in Ohio?
According to Ohio state laws, it’s not a requirement for you to possess homeowners insurance. That being said, you may find yourself in instances where you will need to provide proof of insurance. When purchasing a house, for example, it is often the case that the seller will ask that you buy homeowners insurance.
Columbus Home Insurance Premiums
What does home insurance in Columbus cover?
Homeowners insurance in Columbus covers your dwelling or home’s structure, your possessions and liability. This means you’ll be covered for occurrences like theft, natural disasters and even falling objects. Another thing that your home insurance covers is personal property. So all your personal belongings are protected from theft, damage or loss.
And like the rest of Ohio, Columbus isn’t without natural disasters, so it’s a good idea to make sure you cover all your bases.
In this case, you may want to consider umbrella insurance. Think of it as your one-stop shop to completely customize your policy plan. Umbrella insurance can help save time and money from having to look for multiple providers and is the smart move for anyone wishing to invest in the longevity of their house, condo, apartment or other abode.
Columbus Insurance Coverage Options
Traditional coverage
Physical Structure
Living Expenses
Liability Protection
Additional Structures
Personal Possessions
Supplemental coverage
Fire
Earthquake
Flood
Considerations for Columbus homeowners
Whether you’re going out to one of the community parks in Columbus or eating one of their famous blue cheese Ohio nachos, this is a city that comes alive in the summertime. Summer temps can get up to 80 degrees and are known to be fairly muggy. Adding on equipment breakdown coverage to your plan, for example, is a great way to make sure your home is summer-proof.
On the other hand, with below-freezing winters of around 20 degrees, this time of year can be pretty severe. Blizzards are known to cause power outages, so prepping your home (and your insurance policy) to deal with that reality is crucial to successful homeownership in Columbus.
Tips for lowering your homeowners insurance premium
With all these add-ons, you might be wondering if there’s any way you can save some money. The good news is there are several ways you can lower your insurance premiums.
Some examples include installing smart home devices, keeping your home’s internal systems updated or shopping for a new provider.
Another way to lower your homeowners insurance is by renovating your space. With so many people staying home more often since the pandemic in 2020, what better way to spend your time than by making your home better suited for you and your family’s comfort?
Keep in mind that if you decide to go the DIY route to renovate your home, there are many home renovation apps and smart tech ideas that you can use.
Whether you are coming to Columbus for its low cost of living or high quality of life, finding the right homeowners insurance provider is a big step to making the move to a smoother and safer way of living. Here at Hippo, we make sure you have the plan that fits your home needs. Give us a call and learn more about how Hippo can help.
