Homeowners Insurance in Kansas

You would likely want to know how much is homeowners insurance in Kansas, if you are already a homeowner or shopping for a home to buy and are doing some comparison shopping. Keeping an eye on your household budget, it will help to figure out how much you will need to spend each month so let’s take a look at some homeowners insurance rates in Kansas. Importantly, the average cost of homeowners insurance in Kansas is second highest in the nation after Oklahoma with the average of $2461 annually which is about $205 per month. This is well above the national average of $1445. For a dwelling worth $300,000, with a $1000 deductible and $300,000 in liability coverage in Kansas could cost up to $4666 annually or $388 a month. So, already, we have an idea of the wide range of factors that may impact the cost of homeowners insurance in Kansas. Due to the extreme weather in Kansas, costs of homeowners insurance varies widely based on where you live with the least expensive city being Gardner at an average of $1835 annually, and the most expensive city being Garden City at an average of $2976 annually. Importantly, Kansas, in terms of affordability in housing costs, is right along with the national average of housing cost as a percentage of income at 37%, which is considered quite high. The statistical goal is for people to spend less than 30% of their income on housing so Kansas is on the more expensive side.

Let’s find out exactly what does homeowners insurance cover in Kansas. There are many aspects to homeowner insurance in Kansas and many variables to consider depending on the individual policy offered by different carriers. Homeowners insurance policies generally offer protection of the dwelling, plumbing, electrical, and the structure itself. There may also be coverage of other structures such as fences, detached garages, or guest cottages. Some policies may cover out-of-pocket expenses to live elsewhere, due to loss of use, if there is damage to the main living areas. Options in different policies may include your personal property such as appliances, furniture, clothing, and electronics and there may be options for covering your personal property even for items at a different location such as a storage locker or in transit. Liability insurance may help to protect you financially in the event of an accident that results in bodily injury or property damage to someone else visiting your property. In addition, there are many variables in policies in relation to the cause of damages. The first level covers things like fire and theft, with the highest level covering every possible peril, such as extreme natural disasters such as flooding. The more perils covered, the higher the cost to insure.

We have created a list of the companies offering homeowners insurance in Kansas, and we have examined what they offer so that we can provide for a Kansas homeowners insurance companies list to help you decide which company may meet your specific criteria. Of the top rated homeowners insurance companies in Kansas, Farmers Insurance and Travelers Insurance are popular and tend to be the least expensive options. Marysville Mutual is the local favorite, having two main homeowner insurance products, and having a small-town feel where you need to visit the branch or contact an agent to receive coverage. AAA is top-rated company best for bundling and USAA is best for military families. Of the best homeowners insurance companies in Kansas, State Farm, Travelers, and USAA each maintain a A++ rating on AM Best and USAA gets 5 out of 5 on J.D. Power rating. The least expensive option on average is Marysville Mutual with annual average cost of $1485, and American Family Insurance is the most expensive at $4394 on average annually. Geico homeowners insurance in Kansas is included on the list of best companies, although it is not the main underwriter so is not rated by J.D. Power so it is often excluded from top rated lists.