Homeowners insurance is important to having security and peace of mind in Kansas City, which is prone to extreme weather and relatively high crime. Our partners at ConsumerAffairs compared rates and reputations from national and local companies to find the best home insurance in Kansas City. These leaders offer great rates and service for residents.
Homeowners insurance covers property and personal damage in case anything catastrophic happens to your home or personal belongings. Fortunately, filing a claim is a rarity—only 5.3 percent of insured homes did so in 2016. Homeowners insurance is not required by law in either Kansas or Missouri, but most mortgage lenders require it before providing a loan.
Keep in mind that the age of your home and its neighborhood impact your monthly premium. Homes in high-crime areas such as Westport and Beacon Hill, and homes in older neighborhoods including Pendleton Heights and Quality Hill, are charged more for insurance.
Average home insurance rates in Kansas City
Brookside, MO 64113
West Plaza, MO 64112
Waldo, MO 64114
Crossroads, MO 64108
Turner, KS 66106
Armourdale, KS 66102
Note: Based on dwelling amounts above with a constant $1,000 deductible and $100,000 liability.
According to our research, rates in Kansas City, Kansas, are often cheaper than those in Missouri. We believe this is because inventory is less expensive and crime rates are lower. KCK is closer to the nationwide average premium of $1,173.
Kansas City homes can face extreme weather, which greatly increases premiums. In fact, according to an Insurance Research Council study, homeowners insurance companies pay up to 63 percent more for claims here due to catastrophes, such as tornadoes, or expensive commonalities like damage from frozen pipes.
The rapid rise in claims and increasing insurance costs in KC has multiple causes, including:
Size and complexity of new homes
Severity of storms
Increase in cost of oil-based building material
Option coverage - When purchasing home insurance in Kansas City, there are a few liabilities and hazards home buyers should consider adding to their policies as well as purchasing more insurance to cover their needs.
Flood insurance - In recent years, Kansas City has been hit hard by flooding. Because residents in both KCMO and KCK often live in high-risk flood areas, many are eligible to get discounts on flood insurance, ranging from 10 to 20 percent. Homes along Indian Creek, Brush Creek, including South Plaza and Manheim Park, are at the highest risk of flooding and will often be required to purchase flood insurance. Although not enforced, those in low-risk flood zones should also consider flood coverage.
Earthquakes - Although not considered a high-risk earthquake zone, Missouri is the third largest market for earthquake insurance in the U.S. behind California and Washington.
Windstorms - Designed specifically to cover damages by high winds, windstorm insurance is a good idea for Kansas City residents. Kansas sees an average of 92.4 tornadoes per year while Missouri has 46.7. Windstorm insurance will make sure you are covered anywhere in Tornado Alley.
As a trusted name in insurance, Progressive is a safe choice for homeowners. Using its HomeQuote Explorer, customers can compare rates and coverage from multiple companies to make sure you're getting the best deal on your insurance package. Discounts are available for those with alarm systems and safety devices, and Progressive auto insurance holders as well.
GEICO offers top-quality coverage at an affordable rate. As a nationwide company, licensed agents are available to answer questions at all times. Geico opened a service center in Lenexa, a Kansas City suburb, which employs more than 500 people - meaning your agent could be just down the highway.
With 26 State Farm agents in KC, finding an agent to walk you through the process is a breeze. This can simplify the process and help you secure the best deal based on your specific needs. State Farm also writes more homeowners insurance policies than any other carrier in the US—a testament to its customer care.
As a local insurance option, Matrix Insurance provides excellent customer service and is focused only on those in the KC area. Reviewers say Matrix is “convenient,” “amazing,” and “professional.” One reviewer said he would give Matrix 100 stars if he could.
Abbott Insurance, located in KC, partners with multiple companies to provide customers in the area competitive rates on their insurance options. Abbott has been providing insurance to KC residents since 1998 and holds an A+ rating with the Better Business Bureau. Reviewers say Abbott agents were helpful and caring and provide great service.