Ohio Homeowners Insurance

U.S. Treasury FIO data for 1,029 ZIP codes in Ohio (OH).

The verdict

According to U.S. Treasury FIO filings, Ohio ranks #42 of 51 by average premium ($1,263/yr) ≠ #21 of 50 by nonrenewal (1.19%). Cost rank is not withdrawal rank.

$1,263
State avg premium (#42 of 51)
#21
Nonrenewal of 50 (1.19%)
44040
In-state premium ZIP #1 ($2,740)
44108
In-state nonrenewal ZIP #1 (3.70%)

Premium rank counts states with a reported average premium, highest first, abbreviation tiebreak. Nonrenewal rank counts states that publish a rate. In-state ZIP #1s are separate extracts.

Ohio vs all states by ZIP-mean homeowners premium

Where this state's average ZIP premium sits among every state that reports one (lower is better for homeowners)

$1,263 Among the lowest premiums lower premium than 80% of 51 states

States, banded by ZIP-mean annual homeowners premium (FIO)

Each bar is a $0.001K-wide band; taller bars hold more states. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source U.S. Treasury FIO Homeowners Insurance Markets Report · 2018–2022

Homeowners in Ohio pay an average of $1,263 per year for home insurance - 29% below the national average of $1,776. That ranks Ohio as the 42nd most expensive state out of 51 for homeowners insurance. Between 2018 and 2022, premiums rose by 4.3%.

On five-year premium growth (2018–2022), Ohio ranks 29th out of 51 states. Its nonrenewal rate (1.19%) ranks 21st out of 50 - nonrenewal is an early warning indicator of insurer retreat, often tied to disaster risk.

According to the U.S. Department of the Treasury, Federal Insurance Office - "Analyses of U.S. Homeowners Insurance Markets, 2018–2022." Premium values are five-year averages across all ZIP-level observations. See methodology for how the state rank and comparison are calculated.

How Ohio Compares

vs National Average
$1,263 vs $1,776
29% below national avg
Rank Among States
42nd of 51
most expensive for homeowners insurance
Loss Ratio vs National
53.8% vs 58.0%
insurers retain more margin here
Avg Premium
$1,263/yr
National avg: $1,776 (-29% below)
Premium Change
+4.3%
2018-2022 change
Avg Loss Ratio
53.8%
Claims paid vs premiums earned
Nonrenewal Rate
1.19%
-6.3% change

Data Snapshot: Ohio Homeowners Insurance

Across the 1,029 Ohio ZIP codes in the U.S. Treasury FIO data, the average annual home insurance premium is $1,263. That is an average of ZIP codes, in which a ZIP of a few hundred people counts the same as one of tens of thousands. That is 29% below the national average of $1,776 per year reported by the Federal Insurance Office. Ohio ranks 42nd most expensive out of 51 states and territories on annual premium, with ZIP-level observations ranging from $906 in 44134 to $2,740 in 44040.

Between 2018 and 2022, average premiums rose by 4.3% in Ohio, placing the state 29th nationally on five-year premium growth. The state-level loss ratio averaged 53.8%, meaning insurers retained a healthy margin after claims, typical of stable markets. Nonrenewal rates, the share of policies insurers decline to extend at expiration, averaged 1.19% across the ZIP codes that report one, a decline of 6.3% over the study period (ranking 21st out of 50 states).

Within Ohio, premium dispersion across ZIP codes is substantial: the most expensive ZIP (44040 in Gates Mills) charges 202% more than the least expensive (44134 in Cleveland), reflecting local differences in catastrophe exposure, construction costs, and claims history. The FIO dataset aggregates voluntary reporting from the 40 largest homeowners insurers covering roughly 80% of the U.S. market, so ZIP-level figures represent market averages rather than individual quotes; actual premiums vary with dwelling value, deductible, coverage limits, and insurer-specific underwriting. This page is a FIO registry extract, not a quote or a recommendation.

How to read these figures: state averages on this page are computed from U.S. Treasury Federal Insurance Office data, which the office collects directly from the largest homeowners insurers and reports at the ZIP-code level. A statewide average blends expensive coastal and wildfire-exposed markets with lower-cost inland areas, so the figure is a useful benchmark but will understate what some residents pay and overstate what others pay. The loss ratio is the share of every premium dollar that insurers returned as claims; sustained ratios near or above one signal a market under pressure, where rate increases, tighter underwriting, or nonrenewals tend to follow. Claim frequency and nonrenewal rates show how often policies result in claims and how often insurers decline to renew, both of which track local catastrophe exposure. Treat the state number as a registry average, then open the ZIP table below for the same filing year's local premium and nonrenewal extracts.

Loss Ratio Reading: Ohio

0%150%54%

Ohio statewide - FIO 2018-2022 average: 54% (Insurer-favorable) - low claim payout, insurer retains a healthy margin.

ZIP Codes Tracked

1,029

Reporting Period

2018-2022

Source

U.S. Treasury FIO

Year Avg Premium Median Premium
2018 $1,210 $1,185
2019 $1,200 (-0.8%) $1,175
2020 $1,205 (+0.4%) $1,181
2021 $1,240 (+2.9%) $1,215
2022 $1,263 (+1.9%) $1,240

Average premium in Ohio, 2018–2022

$1,180$1,200$1,220$1,240$1,260$1,280 20182019202020212022 $1,263
Average homeowners premium per year in Ohio.

All ZIP Codes in Ohio

1,029 ZIP codes sorted by premium (highest first). Click column headers to sort.

ZIP City Premium
44040 Gates Mills $2,740
45243 Cincinnati $2,510
44022 Chagrin Falls $2,334
43620 Toledo $2,211
45208 Cincinnati $2,085
44106 Cleveland $2,078
45174 Terrace Park $2,072
45206 Cincinnati $2,019
45202 Cincinnati $1,998
43054 New Albany $1,953
43215 Columbus $1,947
44108 Cleveland $1,928
45229 Cincinnati $1,874
44120 Cleveland $1,842
45220 Cincinnati $1,821
44072 Novelty $1,821
45249 Cincinnati $1,810
45226 Cincinnati $1,809
43205 Columbus $1,808
45370 Spring Valley $1,807
44122 Beachwood $1,807
43610 Toledo $1,770
43209 Columbus $1,729
44286 Richfield $1,717
43203 Columbus $1,706
44333 Akron $1,701
43017 Dublin $1,671
43153 South Solon $1,657
43001 Alexandria $1,653
44023 Chagrin Falls $1,648
45242 Cincinnati $1,621
45841 Jenera $1,619
43021 Galena $1,612
44504 Youngstown $1,609
43084 Woodstock $1,608
45054 Oregonia $1,604
43413 Cygnet $1,604
44103 Cleveland $1,603
43065 Powell $1,603
44236 Hudson $1,602
43023 Granville $1,597
44139 Solon $1,593
45034 Kings Mills $1,576
45040 Mason $1,561
44104 Cleveland $1,561
43112 Carroll $1,559
44112 Cleveland $1,551
45405 Dayton $1,550
45066 Springboro $1,547
43082 Westerville $1,541

Natural-hazard context (FEMA NRI)

County National Risk Index scores joined to Ohio ZIP codes in the same FIO filing year. This is hazard and vulnerability context from FEMA, not a premium driver table and not a quote.

Mean county risk score
67.3
27th of 50 states by mean score · national mean 69.3
Counties joined
88
Distinct county FIPS on Ohio FIO ZIPs
Most common top hazard
Tornado
65 of 88 counties
Highest FEMA NRI counties in Ohio
County Risk score Rating Top hazard
Franklin 98.1 Relatively High Cold Wave
Cuyahoga 98.0 Relatively High Cold Wave
Hamilton 96.3 Relatively High Tornado
Counties with elevated FEMA hazard ratings in Ohio
Hazard Elevated counties Share of joined
Winter weather 19 22%
Tornado 10 11%
Hail 7 8%
Flooding 6 7%

Elevated = FEMA Relatively High or Very High rating on that hazard column. Ratings are independent per hazard; a county can appear in more than one row.

Source: FEMA National Risk Index · research board: top counties by NRI score.

Nationwide states with similar insurance profiles

Two FIO peer sets for Ohio: nearest other states by average homeowners premium and by statewide nonrenewal rate. These are cross-state neighborhoods, not the in-state ZIP table above.

Similar average premium

Nearest states by average homeowners premium ($1,263/yr here).

Similar nonrenewal rate

Nearest states by average nonrenewal rate (1.19% here).

Frequently Asked Questions

What is the average homeowners insurance cost in Ohio?
Averaged across the 1,029 Ohio ZIP codes in the U.S. Treasury FIO data, the annual homeowners premium is $1,263. This is 29% below the national average of $1,776.
How have insurance premiums changed in Ohio?
Ohio homeowners insurance premiums changed by +4.3% between 2018 and 2022. The average loss ratio is 53.8%, meaning insurers pay out that percentage of earned premiums in claims.
Which ZIP code has the most expensive insurance in Ohio?
The most expensive ZIP code for homeowners insurance in Ohio is 44040, with an average premium of $2,740/yr. The most affordable is 44134 at $906/yr.
What is the nonrenewal rate for Ohio homeowners insurance?
Averaged across the Ohio ZIP codes that report one, the nonrenewal rate is 1.19%. This rate has changed by -6.3% from 2018 to 2022. Nonrenewals occur when an insurer declines to renew an existing policy at expiration. ZIP 44108 has the highest nonrenewal rate in the state at 3.70%.
What is a loss ratio and what does Ohio's mean?
A loss ratio measures how much an insurer pays out in claims compared to premiums collected. Ohio's average loss ratio is 53.8%. Ratios above 100% indicate insurers are paying more in claims than they collect, which often leads to premium increases.
How often do homeowners file insurance claims in Ohio?
The average claim frequency in Ohio is 4.91%, meaning that percentage of policies result in a claim each year. The average claim severity (cost per claim) is $13,651. Higher claim frequency and severity typically correlate with higher premiums.
What natural hazards drive risk in Ohio?
Across 88 FEMA National Risk Index counties that join to Ohio ZIP codes in the FIO file, the mean county risk score is 67.3 (3% below the 50-state mean of 69.3). The most common county-level top hazard is Tornado (65 of 88 counties). Elevated (Relatively High or Very High) county ratings concentrate in Winter weather (19), Tornado (10), Hail (7). NRI scores are county hazard/vulnerability context from FEMA; they are not premiums and are not a quote.

Ohio in the FIO registry

State averages sit next to ZIP-level premium and nonrenewal extracts from the same filing year.

  • Ohio ZIP premiums and nonrenewal rates in the same table. ZIP table
  • National premium board versus the population-floored nonrenewal board. Rankings
  • How competition ranks and dual boards are derived. Methodology

State figures are five-year ZIP-level averages from U.S. Treasury FIO data, a benchmark, not a quote for any individual home.

Source: U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs

Source data: U.S. Treasury FIO · FEMA National Risk Index · NOAA Storm Events. See our methodology.

Every figure on PlainInsure is rendered directly from U.S. Treasury Federal Insurance Office data, no number is typed in by an editor. This state's figures are rendered directly from U.S. Treasury FIO data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.