5 Best Toledo Homeowners Insurance Companies (2026)
Buckeye Insurance Group and USAA offer some of the best homeowners insurance policies in Toledo, Ohio.
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Written byJessica Martel
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Jessica MartelInsurance Writer
7+ years in personal finance writing
Certified Financial Education Instructor
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Edited bySara Getman
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Sara GetmanAssociate Editor
Updated
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The average cost of homeowners insurance in Toledo, Ohio, is $1,740 per year, or $145 per month, for a policy with $300,000 in dwelling coverage and a $1,000 deductible. The city of Toledo is vulnerable to flooding, tornadoes, and landslides. Since a standard homeowners policy generally doesn’t cover floods or landslides, it’s a good idea for Toledo homeowners to consider purchasing additional coverage.
Here’s the information you need to know to find homeowners insurance at the right price in Toledo.
Quick Facts
Homeowners insurance in Toledo costs less than the national annual average of $2,868 for a policy with $300,000 in dwelling coverage and a $1,000 deductible.
Flooding is the most frequent natural disaster in Ohio.
Ohio ranks among the top 20 U.S. states for injuries, fatalities, and financial losses due to tornado events.
Best home insurance companies in Toledo
Toledo has many quality home insurance companies. The best company for you will depend on your needs, situation, and budget. To help you narrow down your options, we’ve selected five of the best home insurers in Toledo based on our research.
Buckeye Insurance Group: Best for affordable rates
With headquarters in Piqua, Ohio, Buckeye Insurance Group has been in operation since 1879. Today, it partners with independent insurance agents to offer coverage to residents in Ohio, Indiana, and Kansas.
Buckeye offers a range of insurance options, including farm, auto, umbrella, dwelling fire, and home insurance. Buckeye also offers some of the cheapest premiums. If you’re looking for affordable rates from a local company, Buckeye might be the right fit for you.
Pros
Affordable rates
Local insurance offices
Can file a claim online using portal
Cons
Quotes not available online
Lower AM Best financial strength rating than some competitors
No discounts listed on website
USAA: Best for military members
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8 /10 |
|---|---|
| JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 737 |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $118/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $167/mo |
NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
0.47
A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
A++
Why we picked this company
With more than 800,000 veterans and retired military members, active-duty personnel, reservists, and National Guard members living in Ohio and a thriving military community in Toledo, many homeowners can benefit from a USAA home insurance policy.
USAA is exclusively available to veterans, military members, and eligible family members. It offers a range of home insurance coverages and several discounts to help you save.
Pros
Above-average J.D. Power customer satisfaction rating
Above-average J.D. Power property claims satisfaction score
Replacement cost coverage is standard
Cons
Available only to military members, veterans, and eligible family members
Low Trustpilot rating
Not accredited by Better Business Bureau
Allstate: Best for discounts
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.2 /10 |
|---|---|
| JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 631 |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $100/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $145/mo |
NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
2.08
A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
A-
Why we picked this company
With a wide range of home insurance discounts, Allstate offers Toledo homeowners several ways to save.
You can lower your premiums by bundling your home and auto insurance, paying your bill on time, or having a claims-free history. There’s also potential to reduce your premiums when you install theft or fire protection devices, when you buy a new home, or when you switch to Allstate.
Pros
Many available discounts
Quotes available online
Can quickly file claims online through My Account
Cons
Below-average J.D. Power customer satisfaction rating
Below-average J.D. Power property claims satisfaction score
Low Trustpilot rating
State Farm: Best for customizable coverage
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.2 /10 |
|---|---|
| JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 643 |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $155/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $208/mo |
NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
0
A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
A++
Why we picked this company
State Farm is the largest insurance company in the U.S., according to market share. With a large range of homeowners insurance coverages and add-on options, it’s easy to customize your policy. Plus, State Farm has multiple local agents in Toledo, making it easy to customize your coverage in person.
State Farm also offers auto, life, and business insurance, and you can save if you choose to bundle multiple coverages.
Pros
Above-average score J.D. Power customer satisfaction rating
AM Best financial strength rating of A++ (Superior)
Many local agents in Toledo
Cons
Below-average J.D. Power property claims satisfaction score
Low Truspilot rating
Fewer discounts than some competitors
American Family: Best for customer satisfaction
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.6 /10 |
|---|---|
| JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 638 |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $146/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $206/mo |
NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
0.72
A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
A
Why we picked this company
American Family offers a range of insurance products, including auto, life, pet, travel, business, and home insurance. If customer service is important to you, American Family has an above-average customer satisfaction score from J.D. Power. It also has a high Trustpilot score, with 4.4 out of 5 stars based on more than 860 reviews.
Pros
High Trustpilot rating
Above-average J.D. Power customer satisfaction rating
Many available discounts
Cons
Below-average J.D. Power property claims satisfaction score
Only a few local offices in Toledo
Lower financial strength rating than some competitors
Our editorial team analyzed regional and national home insurance companies that sell policies in Toledo to assess which offer the best rates, coverage options, customer service, and savings to homeowners. We prioritized competitive rates, 24/7 customer service, homeownership discounts or bundling options, and specialty or supplemental coverages.
How much is home insurance in Toledo?
The average cost of home insurance in Toledo is $1,740 per year, or $145 per month, for a policy with $300,000 in dwelling coverage. In comparison, the average cost of home insurance in Ohio is $1,776 per year, or $148 per month.
Several factors can influence the cost of home insurance, including your location, the type of insurance you have, your deductible, and the insurer you choose.
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Cheapest home insurance companies in Toledo
To help you find affordable home insurance coverage in Toledo, the following table highlights some of the cheapest insurers by dwelling coverage amount.
The below rates in Toledo, OH, are estimated rates current as of: Sunday, May 31 at 5:00 PM PDT.
Insurance Company  | Average Annual Premium |
|---|---|
| Farmers | $864 |
| Travelers | $912 |
| Allstate | $1,008 |
| USAA | $1,092 |
| Auto-Owners | $1,296 |
| American Family | $1,380 |
| Westfield | $1,380 |
| State Farm | $1,500 |
| Foremost | $1,668 |
| Erie | $1,692 |
| Nationwide | $2,076 |
| Encompass | $2,544 |
The below rates in Toledo, OH, are estimated rates current as of: Sunday, May 31 at 5:00 PM PDT.
Insurance Company | Average Annual Premium |
|---|---|
| Allstate | $1,740 |
| USAA | $2,004 |
| Travelers | $2,076 |
| Farmers | $2,244 |
| Westfield | $2,328 |
| American Family | $2,472 |
| State Farm | $2,496 |
| Auto-Owners | $2,616 |
| Erie | $3,456 |
| Nationwide | $3,708 |
| Foremost | $4,716 |
| Encompass | $5,340 |
The below rates in Toledo, OH, are estimated rates current as of: Sunday, May 31 at 5:00 PM PDT.
Insurance Company | Average Annual Premium |
|---|---|
| Allstate | $2,448 |
| USAA | $2,700 |
| Travelers | $3,000 |
| Westfield | $3,180 |
| State Farm | $3,252 |
| American Family | $3,300 |
| Farmers | $3,432 |
| Auto-Owners | $3,624 |
| Erie | $4,836 |
| Nationwide | $4,956 |
| Encompass | $7,356 |
| Foremost | $8,208 |
How much homeowners insurance do you need in Toledo?
A standard home insurance policy provides financial protection against losses due to theft, accidents, and covered disasters. Most policies provide coverage in four key areas:[1]
Home structure
Dwelling coverage covers the cost to repair or rebuild your home if it’s damaged by a peril such as a tornado or hail. Many policies also cover detached structures, such as sheds and garages. A standard policy typically won’t cover damage from floods, earthquakes, or regular wear and tear. You should purchase enough coverage to completely rebuild your home.
Personal belongings
Personal property coverage protects the contents inside your home, including furniture, clothing, and sporting equipment. To determine how much coverage you need, take an inventory of your belongings.
Liability protection
Liability insurance helps cover lawsuits against you for bodily injury or property damage that you or someone in your family may cause to others. For example, if your kid or your pet damages an expensive lamp at your neighbor’s house, this covers you. You can speak to an insurance professional to determine how much coverage you need.
Additional living expenses (ALE)
If you can’t live in your house due to damage from an insured disaster, loss of use coverage helps pay for hotels, restaurant bills, and other costs. Check with the insurance company to confirm the policy’s limits.
What to know about home insurance in Toledo, Ohio
Toledo homeowners have to be aware of certain risks. Some of the main ones include:[2] [3]
Flooding: Flooding from rivers and streams is the most frequent natural disaster in Ohio. Most standard homeowner policies don’t cover flooding. To ensure you have proper protection, you’ll need to purchase an add-on flood insurance policy from a private insurance company or from the National Flood Insurance Program.
Tornadoes: While Ohio doesn’t rank among the states with the largest number of tornadoes, it ranks within the top 20 for injuries, fatalities, and losses. Many standard homeowners policies cover wind damage from tornadoes.
Landslides: Toledo is located in Lucas County, which has a high incidence of landslides. Landslides have destroyed homes, businesses, and highways, resulting in significant financial damage. Landslides can pose a risk to people’s personal safety. Standard homeowners policies generally don’t cover earth movements, including landslides. You can purchase a difference in conditions policy, which offers coverage for landslides, mudflows, earthquakes, and floods.
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Average cost of home insurance in other cities in Ohio
The cost of home insurance in Ohio can vary, as different cities and even ZIP codes within Toledo can result in different insurance quotes. The risk of natural disasters like flooding or landslides can result in varying insurance premiums. Cities that are more densely populated and exposed to more crime are also likely to have higher premiums.
The table below shows how rates fluctuate by city in Ohio.
The below rates in Toledo, OH, are estimated rates current as of: Sunday, May 31 at 5:00 PM PDT.
City | Average Annual Premium: $300,000 Dwelling Coverage |
|---|---|
| Akron | $1,596 |
| Cleveland | $1,608 |
| Canton | $1,632 |
| Youngstown | $1,704 |
| Columbus | $1,740 |
| Toledo | $1,740 |
| Cincinnati | $1,776 |
| Dayton | $1,824 |
Toledo homeowners insurance FAQs
If you still have questions about homeowners insurance in Toledo, check out the additional information below.
The average annual cost of home insurance in Toledo is $1,740 for $300,000 in dwelling coverage. To protect your home from risks like flooding and landslides, you may need to purchase additional coverage, which can increase the overall cost.
Buckeye Insurance Group has the cheapest homeowners insurance in Toledo, with an average annual rate of $625 for $300,000 in dwelling coverage and a $1,000 deductible.
The best home insurance company for you will depend on your specific needs, situation, and budget. But based on our research, some of the top insurers in Toledo include Buckeye Insurance Group, USAA, Allstate, State Farm, and American Family.
To lower your home insurance premiums, you can look for discounts, increase your deductible, invest in home security, and work on improving your credit. Shopping for multiple insurance quotes from different companies can also help you find the best price.
Generally, you should review your policy annually when it comes up for renewal. But other events should prompt a review and update, including when you’ve made major home improvements, undergone major safety updates (such as fire/alarm systems), or experienced a major life change.[4]
Common risks to homeowners in Toledo include flooding and landslides. Toledo homeowners may consider purchasing an add-on flood policy or a difference in conditions (DIC) policy, which offers coverage for landslides, mudflows, earthquakes, and floods.
Sources
Methodology
Insurify data scientists analyzed rates from more than 180 home insurance companies sourced directly from Insurify’s partner companies and Quadrant Information Services. Rates span all 50 states and Washington, D.C., and quote averages represent the mean price for a given coverage level and geographic area. To ensure data reliability, only insurers meeting minimum quote thresholds were included in the analysis.
Unless otherwise specified, quoted rates reflect the average cost for homeowners with no prior claims and good credit with a home construction year of 1980. The default coverage assumptions include:
Default Coverage Assumptions
- Dwelling coverage: $300,000
- Deductible: $1,000
- Personal property limit: $25,000
- Liability limit: $300,000
Additional data points beyond these default values are sourced from Insurify’s proprietary database. Rates are updated monthly.
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Jessica MartelInsurance Writer
7+ years in personal finance writing
Certified Financial Education Instructor
Sara GetmanAssociate Editor