We receive referral fees from partners |
Advertising Disclosure

Top 10 Home Insurance Companies

author
Laura McCarthy
Last Updated:
  • 200
    Hours of Research
  • 33+
    Sources Used
  • 14
    Companies Vetted
  • 8
    Features Reviewed
  • 10
    Top Picks

Home insurance protects both your home and your belongings against damage or theft as well as liability coverage in the event of injury. Plans vary greatly in coverage, so we've carefully weighed the pros and cons of the industry's top companies to help you choose the best home insurance for you.

Providers

1.

Nationwide

  • Best for:

    Superior Claims Service

    Nationwide

  • Best for convenience

    1
    Visit Site
    • Starting at $7/month

    • Superior Claims Service

    • Dwelling & Other Structure Protection

    Nationwide is an incredibly strong home insurance provider, as they offer a range of policies that range from industry standard to more customized options with added coverage. Specialized policies for condo owners and renters are also available to cover belongings and furniture as well as liability coverage.

    Nationwide offers a convenient mobile app for customers to check and update policy details, make a payment or file a claim, call for roadside assistance and more. Nationwide works with a national network of licensed agents, and its website will locate one near you. The company's website also has an estimating tool to help you get an idea of what your rates will be.

    Nationwide is one of the best in the home insurance industry, offering everything that you've come to expect in a standard policy, plus a seemingly endless array of additional coverages. Nationwide also boasts exceptional financial strength ratings as well as low rates. Coupled with numerous discounts, Nationwide offers some serious savings. One caveat is when we attempted to add water-backup coverage (a crucial additional coverage) to our sample policy, we were charged an additional $100 a year, more than most competitors charge for the same coverage.

    Pros

    • Before you can access the online quote tool, the website informs you that under certain conditions —- for example, if the home you want to insure is under construction or vacant — you need to speak directly with an agent to get a quote. This way you don't waste your time entering data only to find out later you can't get a quote.

    • If the tool can't pull enough information on your house from public sources, it will ask you questions about the structure, and it gives helpful illustrations to accompany the architectural terms to help you understand the different building styles.

    • Nationwide is a large company that provides a lot of services, including insurance for a wide range of vehicles (snowmobiles, RVs and more), specialty lines (farm, weddings, pet, travel, etc.), and life. This means bundling your policies is easy.

    Cons

    • The mobile app will let you start a home quote or pay your home insurance bill, but most of the app is designed for auto policies.

    • Nationwide only gets an average rating of two stars for overall customer satisfaction

    Nationwide

    2.

    Chubb

  • Best for:

    High-value homes & valuables

    Chubb

  • Best for convenience

    2
    Visit Site
    • Specializes in high-value homes & valuables

    • Cash Settlements Available

    • Identity theft monitoring

    Chubb caters to consumers and businesses. It offers a variety of insurance products for individuals, including auto insurance, business insurance, personal accidents, and supplemental health insurance, in addition to life insurance, renters insurance, and homeowners insurance. Chubb also offers specialized policies for co-op and condo owners. Homeowners insurance with Chubb includes the standard coverage offered by most other insurers. In addition, Chubb offers wildfire and earthquake coverage.

    Chubb sells policies through a network of independent insurance agents and can refer you to one in your area through its website. The company also allows customers to pay bills, report claims, and view their account information through its website and mobile app.

    Chubb is a homeowners insurance heavyweight, offering robust coverages for your home and personal belongings, advanced digital tools, and a refreshingly personalized loss-settlement process if you need to file a claim. It's been around almost a century and a half and is highly reputable in the property insurance industry. Chubb offers policies in all 50 states and is backed by Chubb Limited, the world's largest publicly traded property and casualty insurance company.

    Pros

    • Discounts include reduced rates for new or renovated homes

    • Inflation protection for covered item replacement is included

    • Optional replacement cost coverage provides additional reimbursement

    Cons

    • Nationwide is rated lowest of all homeowners insurance providers in our analysis

    • A wide variety of options are offered but can quickly drive up the cost

    Chubb

    3.

    State Farm

  • Best for:

    Discounts & policy tweaks to save

    State Farm

  • Best for convenience

    3
    Visit Site
    • Rated the most financially secure insurers in the US

    • Lower premium when you opt for a higher deductible

    • Discounts & policy tweaks to save

    State Farm is a strong provider that offers a wide variety of insurance policy options, though its rates are rather pricey for both home and auto insurance.

    The price of renters insurance from State Farm compares more favorably with its competitors. These rates don't take into account the discounts that State Farm offers to qualifying customers. Insurance shoppers who qualify for State Farm's most advantageous discounts can still get excellent value.

    State Farm has something to offer insurance shoppers looking to have a relationship with a local insurance agent, as well as those looking for an all-online experience.

    State Farm's convenient online options for customers that are comfortable managing their insurance on their own include the company's Pocket Agent mobile app. This app—which has received positive reviews from its users—can be used to pay your insurance premiums, file a claim and get roadside assistance.

    State Farm is an above-average insurance company that can provide a plethora of home coverages to satisfy its customers' insurance needs. Those looking for a personalized experience with a local insurance agent are likely to find just that with State Farm. State Farm's renters insurance is also generally well-suited to most renters.

    Pros

    • User-friendly website

    • Agents offering personalized service

    • Fewer consumer complaints than expected based on company size

    Cons

    • Few discounts available

    • Lower than average consumer satisfaction with homeowners claims

    State Farm

    4.

    Hippo

  • Best for:

    Dedicated Claims Concierges

    Hippo

  • Best for convenience

    4
    Visit Site
    • Policies at up to 25% less than its competitors

    • Dedicated Claims Concierges

    • Free smart home device for new customers

    Hippo homeowners insurance tends to be more affordable than its competitors. Although a few companies underwrite the policies that Hippo sells, Hippo's home insurance is usually among the most affordable options available.

    Hippo also offers convenience. You can contact Hippo's customer support by phone 24 hours a day on weekdays, or file a claim 24/7 by calling the company's hotline. Although it doesn't have the traditional in-person structure employed by other insurers, Hippo's attentiveness has resulted in highly satisfied policyholders.

    Given that the differences in organization don't affect the experience for homeowners, Hippo is certainly worth considering for many homeowners. Hippo offers some of the best coverages we've seen, and its rates are lower than those offered by its competitors. Furthermore, Hippo's website allows you to get a quote quickly while seeing exactly which features and discounts you're getting.

    Pros

    • Very fast quotes

    • Has standard coverage types most insurers do not

    • Large number of optional coverage types

    Cons

    • Tech focus might not appeal to everyone

    • No bundling discount

    Hippo

    5.

    Farmers Insurance

  • Best for:

    Farmers Insurance

  • Best for convenience

    5
    Visit Site
    • Bundle Discount

    • Policy Perks

    • Discount once you've been claim-free for 3 years

    Farmers' strongest feature is its customer service, which translates into a a quick claims process and opportunities for discounted rates. Farmers has a great network with more than 48,000 exclusive agents and approximately 21,000 employees available across all 50 states and Washington D.C.

    Customers love that that Farmers' agents will find insurance discounts that they unknowingly qualified for. Many clients also highlight the company's transparency in dealing with claims. In terms of affordability, Farmers offers competitive rates.

    As an important note, customers who choose both auto and home insurance policies with Farmers will be able to unlock a bundle discount which makes the policies considerably more affordable. The exact amount of savings the bundle discount offers depends on your state of residence and policy types, but you can expect to save around 16%.

    Farmers offers its customers great rates for home insurance policies and combines it with great customer service. If you're willing to land on not the cheapest home insurance rates but the best trade offs, the company's strong national reputation and friendly agents make them a recommended home insurance company.

    Pros

    • Many coverage options for home and auto insurance

    • Fewer complaints than expected, relative to its size

    • Lots of discounts available

    Cons

    • Mixed scores for customer satisfaction

    Farmers Insurance

    6.

    USAA

  • Best for:

    USAA

  • Best for convenience

    6
    Visit Site
    • Top customer satisfaction rankings in the industry

    • Coverage for the complete replacement cost of your home

    • Only open to military members and their families

    USAA offers great rates for its homeowners insurance policyholders for homeowners insurance. However, those with more expensive homes are most likely to find competitively low premiums with USAA.

    USAA earns some of the best customer service feedback in the industry. They regularly receive high ratings for claims satisfaction and a low rate of complaints across all of their product offerings.

    They provide above-and-beyond coverage for active service members — including waived deductibles for uniforms and a steep 60% insurance discount for stored cars while you're deployed.

    There are only a few drawbacks. One is that USAA doesn't have many in-person locations, and they're mostly located in or near military bases, so most customers will engage exclusively online.

    Furthermore,, USAA has strict eligibility requirements. Only two groups of people qualify for coverage: people who have served in the military, and people whose direct family members have held USAA insurance. If you don't fall into one of these categories, you aren't eligible for a policy.

    Those who are eligible for USAA home insurance should consider it a strong contender -- the competitive rates and perks that are catered to military clientele are hard to beat elsewhere.

    Pros

    • Perfect customer service and claims ratings

    • Industry-leading financial ratings

    • Several discounts to choose from

    Cons

    • Only available to those affiliated with the military

    • Doesn't appear to offer extended or guaranteed replacement cost dwelling options

    USAA

    7.

    Erie Insurance

  • Best for:

    Erie Insurance

  • Best for convenience

    7
    Visit Site
    • Guaranteed replacement cost in full

    • Coverage for your animals

    • Discounts when you bundle with home and auto insurance

    With excellent rates, praised customer service, and great coverage options, Erie Insurance is one of the best-rated insurance companies operating in the U.S.

    Erie sells insurance only through its network of independent agents. So, Erie clients will mainly interact with the company through their agents, including when they purchase insurance, to make a claim, and to manage their their policies. Renters insurance policies are also affordable from Erie, though the company does not offer industry-leading rates.

    One of the biggest perks to Erie's auto insurance in particular is its "Rate Lock" offering. If you qualify and add Rate Lock to your policy, Erie cannot increase your rates year over year unless something drastic changes.

    Among the only downsides to buying insurance through Erie is that its online tools are not as robust as some of its competitors. For example, there's no way to get a homeowners insurance quote online—you must request one from an agent. Additionally, while Erie Insurance customers can pay bills and manage their accounts through Erie's website, the only type of claim customers can file online is glass repair—all others must go through an agent or the Erie claims hotline. And unlike many competitors, the company does not offer a mobile app.

    Lastly, Erie only sells insurance in a limited area of 12 states in the mid-Atlantic and midwestern U.S, so if you live outside of these areas, you're out of luck.

    Pros

    • Industry best financial ratings

    • Comprehensive base policy with guaranteed replacement cost

    Cons

    • No online application or claims

    • Only available in 12 states

    Erie Insurance

    8.

    Liberty Mutual

  • Best for:

    Liberty Mutual

  • Best for convenience

    8
    Visit Site
    • 14,000 qualifying organizations for affinity discounts

    • Claims free discounts

    • Video Call Claims

    Founded in 1912, Liberty Mutual Insurance offers a wide variety of investment and insurance products including policies for home, auto, fire, workers compensation, and liability coverage for both homes and businesses.

    In addition to homeowners insurance, Liberty Mutual Insurance sells policies geared toward condo owners, landlords with a rental property, and apartment dwellers. It provides separate policies for flood insurance, which is not covered by a standard policy. Liberty Mutual offers a variety of customized coverage options, including higher deductible limits for valuables or increased liability coverage if you have a pool. Discounts are available to lower your premium, from choosing paperless billing to making larger investments like adding security and safety systems to your home or installing a new roof. Military discounts are also available, as are lower prices for customers who purchase more than one policy from Liberty Mutual.

    The company's policies can be purchased online, through an independent agent, or over the phone. The website can also guide you to an agent in your area, or you can start with your own price quote using the online estimating tool. Purchasing online can also help you save up to 10% on your policy. Liberty Mutual offers a smartphone app for policyholders, with access to account information and the ability to initiate a claim.

    Pros

    • Discounts available for renovations such as a new roof

    • Optional coverages available individually or as a package

    • Claims-free discount available

    Cons

    • Optional add-on coverages can quickly drive up the cost of homeowners insurance policies

    • No liability coverage provided for certain dog breeds

    Liberty Mutual

    9.

    Progressive

  • Best for:

    Progressive

  • Best for convenience

    9
    Visit Site
    • Single deductible for car insurance customers

    • Discounts when you hire a Progressive contractor

    • Water back up coverage

    Progressive's home insurance is about average. Progressive doesn't write its own policies, relying on underwriters instead. This means the rates you pay, as well as the coverages and discounts available to you, fluctuate depending on which underwriters operate in your area.

    Progressive's homeowners insurance provides protection for your dwelling, personal property and covers loss of use expenses if your home becomes uninhabitable for a period of time. Like with most other policies, you get coverage for your property's other structures as well as medical payments to others.

    The liability coverage you get with Progressive doesn't align with what's most common for other home insurance providers. While personal liability is included with any home insurance policy, you must purchase liability for personal injury as a separate endorsement. This covers lawsuits involving slander or libel, wrongful eviction and false arrest, which may be more expensive than other suits.

    Due to Progressive's lack of a sophisticated quote comparison tool, comparing its rates with its competitors can be difficult. Unlike its auto, motorcycle and renters insurance forms, Progressive doesn't allow you to customize your preferred policy limits easily.

    Instead, when you enter your address, Progressive estimates the value of your home and uses that information to provide you with a range of prices from the underwriters available in your area. You must speak to an agent in order to get a price that's different from the one based on the site's estimate of your property.

    Pros

    • Auto discount available for Progressive auto insurance customers

    • Can choose which insurance company you purchase form - uncommon for an insurer selling affiliate policies.

    Cons

    • Functions as a middleman and doesn't underwrite its own policies.

    • Can't manage your policy or file a claim through Progressive.

    Progressive

    10.

    Amica

  • Best for:

    Amica

  • Best for convenience

    10
    Visit Site
    • Save 30% when you combine with auto or life insurance

    • Earn Dividends

    • 2-Year Loyalty Discount

    Very few insurers — if any — are able to match the low rates offered by Amica and the top-notch ratings it receives from its customers. In fact, only price oriented companies — such as GEICO — are able to offer rates that are competitive with Amica's auto insurance rates. Even without applying discounts, Amica is a low cost company for auto and home insurance. If you're able to take advantage of its discounts — like the multi-line discount — you'll achieve savings on already affordable rates.

    Experts and customers rank Amica as an outstanding insurance company. Amica's customers praise it for having agents who are quick to process claims while maintaining a professional demeanor.

    Amica's agents are described as knowledgeable and friendly by current policyholders. The negative reviews cite issues with the company's car insurance rates rather than its agents or service. Below, we discuss industry experts findings on Amica's claims satisfaction. Overall, Amica has some of the best ratings we've seen for an insurance company.

    Amica offers low rates across several policy limits, meaning that it's an affordable insurance company for most people. If something goes wrong, policyholders will have the support of Amica's award winning customer service team. Unless you're looking for a long list of endorsements, Amica is a great choice for you.

    Pros

    • High customer satisfaction ratings and low customer complaints

    • Many policy perks and discounts

    • Potential for earning dividends

    Cons

    • May deny coverage to some people deemed risky by the company

    Amica

    Compare Best Services 1. NationwideNationwide Superior Claims Service View Plans 2. ChubbChubb High-value homes & valuables View Plans 3. State FarmState Farm Discounts & policy tweaks to save View Plans 4. HippoHippo Dedicated Claims Concierges View Plans 5. Farmers InsuranceFarmers Insurance View Plans 6. USAAUSAA View Plans 7. Erie InsuranceErie Insurance View Plans 8. Liberty MutualLiberty Mutual View Plans 9. ProgressiveProgressive View Plans 10. AmicaAmica View Plans
    Reviews 1324 reviews 1034 reviews 923 reviews 866 reviews 862 reviews 811 reviews 802 reviews 811 reviews 723 reviews 693 reviews
    Online Quote Process Easy Easy Easy Easy Medium Difficulty Medium Difficulty Difficult Difficult Difficult Difficult
    Customer Support Above Average Average Above Average Average Slightly Below Average Average Average Average Below Average Below Average

    Here's How We Rated the Best Insurance Companies

    • Let Us Do The Leg Work

    We understand how tedious and frustrating it can be to sift through all of the companies on the internet on your own. Painting a comprehensive picture of each company is essential in determining which option is best for you, but it requires hours of in depth research. Thankfully, we have a team of expert researchers who have already done the work.

    • How We Earn

    Our ratings and reviews are free for you because some of our partners will pay us a commission when you click one of our links to their site. These paid partners are clearly labeled across the site to ensure full transparency. Our team members do not personally accept compensation for favorable reviews.

    • How We Rank Our Partners

    The rankings of companies on our site can change at any time and are dependent on evolving information on company pricing, customer satisfaction, and more. Compensation in no way fully determines the order in which we rank the providers, and all recommendations are completely unbiased.

    • Our Research Process

    We designed a rubric to objectively evaluate each provider, and our team does extensive research in order to give scores for each metric, like affordability, customer service, average policy value, coverage quality, and more. We analyze thousands of reviews across dozens of sites, along with signing up ourselves so we can compare first hand experiences.

    Our Team of Researchers

    Our Rating System