The average cost of homeowners insurance in Akron, Ohio is $1,305 per year in 2026. This compares to the state average of $1,500 per year.
$1,305per year (avg in Akron)
$826OH avg: $1,500$1914
Factors Affecting Home Insurance in Akron
🏠
Home Value Average: $210,000
🌪
Weather Risk medium
🌊
Flood Zone 4% of properties
📈
Cost Index 0.87 (100 = national avg)
Home Insurance Coverage Comparison
Coverage Tier
Dwelling Coverage
Personal Property
Liability
Est. Annual Cost
Basic (HO-1)
$168,000
$84,000
$100,000
$978
Standard (HO-3)
$210,000
$105,000
$300,000
$1,305
Premium (HO-5)
$262,500
$157,500
$500,000
$1,761
Auto Insurance in Akron, OH
The average annual cost of auto insurance in Akron is $1,262, compared to the Ohio state average of $1,450.
$1,262per year (avg in Akron)
$783OH avg: $1,450$1827
📋
Minimum Coverage in Ohio: 25/50/25
Auto Insurance Coverage Comparison
Coverage Level
Liability
Collision
Comprehensive
Est. Annual Cost
Liability Only
State Minimum
None
None
$694
Full Coverage
100/300/100
$500 deductible
$500 deductible
$1,262
Premium
250/500/250
$250 deductible
$250 deductible
$1,640
Health Insurance in Akron, OH
The average monthly health insurance premium in Akron is $480 per month. Costs vary significantly based on plan tier, age, tobacco use, and household size.
$480per month (avg individual plan)
Health Insurance Plan Tiers
Plan Tier
Avg Monthly Premium
Typical Deductible
Out-of-Pocket Max
Best For
Bronze
$345
$7,000
$9,100
Healthy, low usage
Silver
$480
$4,500
$9,100
Moderate usage
Gold
$600
$1,650
$8,700
Regular medical needs
Platinum
$720
$0
$4,500
High usage / families
Life Insurance & Renters Insurance in Akron
💰 Life Insurance
$23
per month (20-year term, $500K)
Life insurance rates in Ohio are based on age, health, and coverage amount. A healthy 35-year-old can expect to pay around $23/mo for a 20-year term policy with $500,000 coverage.
🏢 Renters Insurance
$13
per month (avg in Akron)
Renters insurance in Akron covers personal belongings, liability, and additional living expenses. The state average is $/mo. Most policies include $30K–$50K in personal property coverage.
Insurance Cost Calculator for Akron
Estimate your total annual insurance costs based on your personal profile.
The average home insurance cost in Akron, OH is $1,305 per year for a standard HO-3 policy. Rates range from $826 to $1,914 depending on your home value, coverage level, deductible, and specific risk factors.
The average auto insurance premium in Akron is $1,262 per year for full coverage. Liability-only coverage averages around $568 per year. Ohio requires minimum coverage of 25/50/25.
Insurance costs in Akron are below the national average (cost index: 0.87). Home insurance averages $1,305/yr and auto insurance $1,262/yr. Relatively moderate costs reflect the area's manageable risk profile.
Key factors include: local cost of living (index: 0.87), moderate natural disaster risk, average home values ($210,000), your personal claims history, credit score, and at-fault insurance laws in Ohio.
Top strategies: bundle home and auto (save 10-25%), raise deductibles, maintain good credit, compare quotes from 3+ insurers annually, and ask about available discounts. Akron residents can potentially save $513+ per year.
Ohio requires minimum auto liability coverage of 25/50/25 (bodily injury per person / per accident / property damage in thousands). This is the legal minimum, but most experts recommend higher limits for adequate protection.
Compare Insurance Quotes in Akron
Get personalized quotes from top insurers in Ohio. Compare rates in minutes.