Best cheap homeowners insurance in St. Louis

Bankrate Logo

Why you can trust Bankrate

While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . This content is powered by (NPN: 8781838). For more information, please see our

St. Louis is home to one of the most iconic landmarks in America: the Gateway Arch. It is also home to over 300,000 residents, over 43% of whom own homes. While homeowners insurance is not legally required, it is required if you have a mortgage or home loan. Even if you own your home outright, home insurance can still be an important part of your financial plan.

Homeowners in St Louis pay an average of $1,524 annually for home insurance with $250,000 in dwelling coverage. Because this is higher than the national average cost of home insurance, St. Louis residents might be shopping for an inexpensive policy. Bankrate’s insurance editorial team has done research that might help you find cheap home insurance in St. Louis.

Best cheap home insurance companies in St. Louis

To determine the carriers to feature, we first reviewed average quoted premiums, obtained from Quadrant Information Services, for the largest home insurance carriers in the St. Louis area. After analyzing the premiums to find the cheapest companies, we also reviewed available coverages and discounts, policy features and third-party rankings.

If you are shopping for homeowners insurance in St. Louis, consider getting a quote from these companies:

Home insurance company Average annual premium for $250k dwelling coverage J.D. Power score
USAA* $1,041 889 / 1,000
AAA $1,290 825 / 1,000
Travelers $1,330 803 / 1,000
Allstate $1,506 829 / 1,000
State Farm $1,774 829 / 1,000

*USAA is not eligible for official ranking with J.D. Power due to eligibility restrictions


USAA has both the cheapest average premium on our list as well as the highest J.D. Power score, although the company is not officially ranked with J.D. Power due to its eligibility restrictions. USAA only sells insurance to current and retired military members, as well as their immediate family members. If you qualify for coverage, USAA may be a good option.

USAA’s home insurance offers military-focused coverage options, like uniform coverage, as well as more standard home insurance coverages, like dwelling coverage, loss of use coverage, personal property coverage and personal liability coverage. The company also offers a few ways to save, like bundling your auto and home insurance or installing a home security system.

Learn more: USAA Insurance review


AAA may be more commonly known for its roadside assistance program, but the company also sells an array of insurance products, including home, auto, life and travel insurance. If you are looking for a company with cheap average rates but do not qualify for USAA, AAA may be a good choice.

If you are looking to save even more, AAA has several discounts that could lower your premium. You might save based on the year your home was built, if you bundle your auto and home insurance, if you have a home security system, if you are over 55 or if you have recently renovated the major systems in your home.

Learn more: AAA Insurance review


Travelers offers low average rates and a policy that can be tailored to your needs with several optional coverages. You may choose to add green home coverage, which can help to repair or replace your home with more environmentally friendly materials after a loss. Water backup and sump pump discharge coverage can help pay for the damages caused by a sewer or drain line backup. Other options include special personal property, contents replacement cost and identity theft coverage.

Though Travelers has some of the cheapest premiums in the St. Louis area, it also offers several discounts, including savings for insuring more than one policy, installing protective devices and having a Leadership Energy and Environmental Design (LEED) certified green home.

Learn more: Travelers Insurance review


Allstate offers several optional coverages that could be used to round out your policy, such as yard and garden coverage, which covers trees, landscaping and riding lawn mowers. Another appealing option is the electronic data recovery endorsement, which provides coverage if you lose access to your digital files.

Allstate offers its members a long list of discounts, too. You might be able to save by paying on time or in full, signing up for automatic payments, being claims free, starting a new policy, being a new homebuyer or having a security system.

Learn more: Allstate Insurance review

State Farm

State Farm is the largest insurance company in the U.S, with over 17% of the market share. Although its average premium is the highest on our list and higher than the average in St. Louis, you may still want to consider a quote. With numerous coverage options and discounts, you may be able to get a policy with State Farm that fits your needs and budget.

If you like to handle your policy digitally, State Farm offers an intuitive and robust mobile app. The app lets you make payments, file a claim, check on the status of a claim and make changes to your account. And if you purchase car insurance through State Farm for the bundling discount, you will also be able to request roadside assistance from the app if your car breaks down.

Learn more: State Farm Insurance review

Home insurance coverage options in St. Louis

Each area of the country has its own unique features. In addition to the standard home insurance coverages, if you live in St. Louis, you might want to consider the following coverages:

  • Earthquake coverage: St. Louis has had a few strong earthquakes over the years and is close to the New Madrid and Wabash Valley seismic areas. Earthquake damage may not be included on your home insurance policy, but you may be able to add it by endorsement or by purchasing a separate policy.
  • Flood insurance: St. Louis is no stranger to flooding. However, homeowners insurance does not cover flood damage. Flood insurance is sold as a separate policy. If you have a mortgage or any other kind of home loan, you will likely be required to buy flood insurance if you are in a flood zone.
  • Identity fraud coverage: As the world becomes increasingly digital, identity theft is becoming more of a concern. Many companies offer endorsements that can help to cover the restoration costs if your identity is stolen.

If you are unsure what coverages you should purchase, talking with a licensed agent may be helpful.

Home insurance discounts in St. Louis

Homeowners insurance in St. Louis is not the most expensive in the country, but it is more expensive than the national average cost of home insurance. Fortunately, most insurance companies offer discounts that may help you offset the cost of your coverage. Some common discounts in St. Louis are:

  • Multi-policy: If you buy your auto insurance and home insurance from the same insurance company, you may receive a significant discount on both.
  • Fire prevention: Showing proof that your home has fire extinguishers, a sprinkler system or smoke detectors could lower your rate.
  • Security system: A security system could lower the risk of your home being burglarized. Because of this, many insurance companies give a discount to homeowners who have them.
  • Billing discounts: If you can pay your insurance premium in full, sign up for automatic payments or choose paperless billing statements, you might get a discount.

Because every company offers its own set of discounts, the best way to find ways to save is to talk to a representative about your savings opportunities.

Frequently asked questions

What is the best home insurance company?

The best home insurance company will vary based on your individual situation. Your personal rating factors, like your age, your home’s age, your ZIP code, your claims history and the coverages you choose, will all affect your premium. Additionally, you may be looking for certain coverages, discounts or policy features. Getting quotes from several companies is often a good way to find a policy that fits your needs.

Is home insurance required in St. Louis?

Home insurance is not legally mandated, but if you have a mortgage or other type of home loan, you will be required to purchase home insurance. Your mortgage company will likely require that you purchase enough dwelling coverage to pay off the loan if your home is destroyed.

How much home insurance do I need in St. Louis?

Insurance companies have tools to help you determine how much coverage to purchase. You may want to consider purchasing enough dwelling coverage to cover the replacement cost value of your home. You should also consider your liability exposure and how much coverage is needed to protect your assets. If you do not know how much coverage to purchase, working with an insurance professional could be worthwhile.


Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage 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).

These are sample rates and should be used for comparative purposes only. Your quotes will differ.

Written by
Lauren Ward
Insurance Contributor
Lauren Ward has nearly 10 years of experience in writing for insurance domains such as Bankrate, The Simple Dollar, and She covers auto, homeowners, and life insurance, as well other topics in the personal finance industry.
Reviewed by
Insurance Writer & Editor