Home Insurance in Kansas City, KS
Protect your most significant asset with home insurance in Kansas City, KS.
Located in the geographic center of America, Kansas City, KS, goes by the moniker Heart of America. which became the city's official slogan in 1915. Also, for any interested foodies, Kansas City was the home to Henry Perry, the father of Kansas City barbecue.
The city is also a proud melting pot, with 155,745 residents as of 2021. The median age of residents is 33.8 years, and the median income of the employed population is $50,707.
The median property value in the city is $112,500. Most people buy a home with a mortgage, meaning insurance is often a requirement. Home insurance in Kansas City, KS, is a wise decision, even if it wasn't required.
Homeowners have many options for insurance. The sheer number of insurers complicates the selection process. Thankfully, VIU by HUB is an ideal tool, allowing you to compare coverage and premiums from several insurers simultaneously. Still, before selecting an insurer, assessing your coverage needs and risks is best.
Insurance rates and premiums typically correlate with financial risks. When discussing home insurance, the usual dangers insurers must assess relate to climate and crime.
Kansas City, KS, experiences a humid continental climate with four seasons and moderate precipitation. The city has a moderate flood risk because of moderate rainfall and two river borders, with 4,534 properties carrying a greater than 26% chance of experiencing flooding in the next 30 years.
Another climate factor affecting Kansas City homes is rising temperatures. Over the next three decades, the city will experience more hot days, including a minimum of 17 days above 107°F.
Beyond increasing climate risks, Kansas City has a higher crime ratethan the national average. Still, at 26 crimes per 1,000 residents, it is not among the highest crime rates in the nation.
That said, the chances of becoming a victim of property crime, including theft or vandalism, in the city are 22 in 1,000. The odds place the city above the national average again, making home insurance in Kansas City, KS, a necessity.
While the climate data and crime rate factor into insurance assessments and estimates, they are not the only things that affect costs. Insurers will also review personal histories to determine claim risks and creditworthiness.
The city's average home insurance cost is well above the national average. On average, Kansas City homeowners can expect to pay around $2,470 annually or about $206 monthly.
Your premiums may be more or less expensive depending on your level of coverage and the specific protections. For example, if you live near a flood zone, you may want to add flood protection to your policy, which may increase your monthly or annual costs.
In the Heart of America, you want to find a home insurance policy that guards against typical perils like theft, vandalism, and fire. Still, you also want to look into additional coverages for climate risks, like flooding. VIU by HUB can help you assess the numerous available policies to find home insurance in Kansas City, KS, that matches your budget and needs.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
Origins of Kansas City's Nicknames
Kansas City Flood Risk Overview
