Best Homeowners Insurance Companies: Best Guide
Choosing the best homeowners insurance company is one of the most important financial decisions you’ll make as a property owner. The best home insurance providers offer more than just basic protection—they deliver peace of mind, responsive customer service, and reliable coverage for life’s unexpected events. With so many options available, finding the perfect fit can feel overwhelming. In this guide, we’ll explore the best homeowners insurance companies, comparing their features, pricing, discounts, and overall value to help you make an informed choice and protect your most valuable asset—your home.
| Company | Why We Picked It |
|---|---|
| Chubb | Best for high-value homes |
| NJM | Best regional insurer |
| Andover Companies | Best for comprehensive coverage |
| Amica | Best for consumer satisfaction |
| Cincinnati Insurance | Best for sustainability |
| State Farm | Best big national insurer |
| Country Financial | Best for discounts |
| Erie | Best for using an agent |
| USAA (USAA policies are available only to active military, veterans and their families.) | Best for military members and veterans |
Chubb: Best Homeowners Insurance for High-Value Homes
| Pros | Cons |
|---|---|
| Far fewer consumer complaints than expected for a company of its size | Most consumers can’t get a quote online and must contact a local agent |
| Standard coverage includes features that many companies offer only as extras | |
| Perks to help you protect your home |
Why it’s the best: Chubb tailors its policies for well-to-do clients with high-value homes. For example, you can choose a personal liability limit up to $100 million — much higher than the maximum many other insurers offer. Chubb also includes perks like the HomeScan service, which helps flag issues with your home that could lead to damage.
Chubb policies come with two useful types of coverage that not all companies include:
- Extended replacement cost coverage for your dwelling. If your home costs more than expected to rebuild after a covered disaster, Chubb will pay more than your selected dwelling limit to help cover the cost.
- Replacement cost coverage for your belongings. This is a more generous type of coverage than actual cash value coverage, which pays less for older items after a claim.
Where it’s available: All states and Washington, D.C.
NJM: Best Regional Home Insurance Company
| Pros | Cons |
|---|---|
| Includes coverage other companies charge extra for | No app to manage your policy |
| Very low rate of consumer complaints | Available in only five states |
| Many extra coverage options available |
Why it’s the best: NJM’s homeowners policies are available in only five states, but they’re a great option if you live in one of them. That’s because NJM’s policies are more generous than most.
For example, the company includes guaranteed replacement cost coverage in its standard policies. Imagine your house is insured for $400,000, but it ends up costing $500,000 to rebuild after a fire. With guaranteed replacement cost coverage, the extra $100,000 is covered.
NJM also includes water backup coverage with its policies. Most companies charge extra for this coverage, which can pay for damage from backed-up sewers or drains.
Where it’s available: Connecticut, Maryland, New Jersey, Ohio and Pennsylvania.
Andover Companies: Best Home Insurance Coverage
| Pros | Cons |
|---|---|
| Far fewer consumer complaints than expected | Available in only eight states |
| Includes more generous dwelling and personal property coverage than most insurers | Limited online experience |
| Many additional coverage options to choose from |
Why it’s the best: Andover Companies offers some of the most comprehensive home insurance of all the companies we analyzed. Most policies include guaranteed replacement cost coverage for the structure of your home, plus broad coverage for your belongings.
Also included is a generous amount of ordinance or law coverage, which can help bring your home up to current building codes during repairs after a claim.
If these aren’t enough, you can add a variety of extras to the standard policy. For instance, Andover Companies offers an add-on that can pay for repairs to underground service lines or home appliances.
Where it’s available: Connecticut, Illinois, Maine, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island.
Amica: Best Home Insurance for Customer Satisfaction
| Pros | Cons |
|---|---|
| High customer satisfaction ratings and low consumer complaints | You can start a quote online but may have to finish the buying process by phone |
| Platinum Choice package offers extra coverage | Not available in Alaska or Hawaii |
| Dividend policies can return a portion of your premiums |
Why it’s the best: Amica home insurance shines when it comes to customer service. The company draws a very low rate of consumer complaints, according to the National Association of Insurance Commissioners. And it’s perennially near the top of J.D. Power’s annual customer satisfaction studies.
It’s no slouch when it comes to coverage, either. You can upgrade to Amica’s Platinum Choice package for perks like extra dwelling coverage and higher liability limits.
One unique offering from Amica is the chance to earn dividends on your homeowners insurance. Amica’s dividend policies cost more upfront but may return 5% to 20% of your premium.
Where it’s available: Washington, D.C., and every state except Alaska and Hawaii.
Cincinnati Insurance: Best Home Insurance for Sustainability
| Pros | Cons |
|---|---|
| Various coverage options | No online quotes |
| Far fewer complaints than expected for a company of its size | Very little information on website |
| Coverage available for higher-value homes |
Why it’s the best: If you’re looking to do business with companies that value sustainability, consider Cincinnati Insurance. The insurer’s main headquarters is an energy-efficient campus in Fairfield, Ohio, which includes a LEED Gold-certified building. In recent years, the insurer has reduced fossil fuel emissions from both its facilities and company vehicles.
When you buy Cincinnati home insurance, you may be able to add a “green upgrade” endorsement. With this coverage, you can repair or rebuild your home with eco-friendly materials after a claim. The company also offers a variety of other options, including comprehensive coverage for high-value homes.
Where it’s available: Washington, D.C., and all states except Alaska, Louisiana, Mississippi, Oklahoma and South Dakota.
State Farm: Best Big National Insurer
| Pros | Cons |
|---|---|
| User-friendly website | Below average for claim satisfaction in a recent J.D. Power study |
| Agents offer personalized service | Not available in California, Massachusetts or Rhode Island |
| Policies generally include extra coverage for your home’s structure |
Why it’s the best: The biggest home insurer in the U.S., State Farm offers solid coverage that’s available to most people. The company’s default policy comes with extra coverage for the structure of your home in case it costs more to rebuild than expected. State Farm also has a long list of options you can add.
If you’re looking for personal assistance, you can reach out to a local State Farm agent. But if phone calls aren’t your thing, the company’s website and app offer plenty of self-service options, including bill payments and claim filing.
Where it’s available: Washington, D.C., and all states except California, Massachusetts and Rhode Island.
Average rates: Below are average annual rates for a homeowner with good credit, no claims and a house built in 1984.
Dwelling coverage limit | $1,000 deductible | $2,500 deductible |
|---|---|---|
$200,000 | $1,770 | $1,510 |
$300,000 | $2,185 | $1,940 |
$400,000 | $2,560 | $2,305 |
$500,000 | $3,100 | $2,720 |
Country Financial: Best Homeowners insurance for Discounts
| Pros | Cons |
|---|---|
| Far fewer complaints than expected for a company of its size. | Can get an online quote but must finish the purchase over the phone. |
| Many coverage options available. | Not available in all states. |
Why it’s the best: Country Financial offers a wide range of potential discounts to policyholders. For instance, you can save by bundling multiple policies, having a newer home and paying your premiums on time.
Depending on the policy you choose, Country Financial may cover minor mishaps, such as countertop burns or spilled paint. You may also have the option to buy guaranteed replacement cost coverage. This coverage can pay to rebuild the structure of your home, with no limits.
Where it’s available: Alabama, Alaska, Arizona, Colorado, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nevada, North Dakota, Oklahoma, Oregon, Tennessee, Washington and Wisconsin.
Average rates: Below are average annual rates for a homeowner with good credit, no claims and a house built in 1984.
Dwelling coverage limit | $1,000 deductible | $2,500 deductible |
|---|---|---|
$200,000 | $2,725 | $2,455 |
$300,000 | $3,780 | $3,415 |
$400,000 | $4,670 | $4,245 |
$500,000 | $5,565 | $5,055 |
Erie: Best Home Insurance for Using an Agent
| Pros | Cons |
|---|---|
| Policies may include guaranteed replacement cost coverage. | Not available in most states. |
| Receives fewer complaints than expected for a company of its size. | No online quotes. |
| High customer satisfaction ratings in recent J.D. Power studies. |
Why it’s the best: Erie is ideal for homeowners who prefer the human touch. You’ll need to contact an agent in order to get a quote, buy a policy or file a claim. That’s a plus for homeowners with special coverage needs or those who appreciate having a personal relationship with an agent.
We like Erie because in many of the locations it serves, the company includes guaranteed replacement cost coverage in its standard policies. This means Erie will pay as much as necessary to rebuild your home if it’s destroyed, even if the amount is higher than your dwelling coverage limit.
Where it’s available: Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wisconsin and Washington, D.C.
Average rates: Below are average annual rates for a homeowner with good credit, no claims and a house built in 1984.
Dwelling coverage limit | $1,000 deductible | $2,500 deductible |
|---|---|---|
$200,000 | $1,830 | $1,600 |
$300,000 | $2,515 | $2,205 |
$400,000 | $3,160 | $2,805 |
$500,000 | $3,745 | $3,345 |
USAA: Best Homeowners Insurance for Military and Veterans
| Pros | Cons |
|---|---|
| Policies include standard coverage that often costs extra elsewhere. | Available only to active military members, veterans, and their families. |
| Fewer customer complaints to state regulators than expected for a company of its size. | |
| Perks for military homeowners. |
Why it’s the best: USAA’s policies are available to active military members, veterans and their families. The company tailors its policies to meet the needs of those consumers. For instance, it covers military uniforms without a deductible for those on active duty or deployed.
USAA also stands out by providing identity theft coverage in most states to help with expenses if you’re the victim of identity fraud. USAA’s standard policies cover your personal belongings on a replacement cost basis, another useful perk.
Where it’s available: All states and Washington, D.C.
Average rates: Below are average annual rates for a homeowner with good credit, no claims and a house built in 1984.
Dwelling coverage limit | $1,000 deductible | $2,500 deductible |
|---|---|---|
$200,000 | $1,370 | $1,200 |
$300,000 | $1,790 | $1,555 |
$400,000 | $2,155 | $1,905 |
$500,000 | $2,500 | $2,225 |
FAQs
1. What is homeowners insurance?
Homeowners insurance is a policy that protects your home and belongings from risks such as fire, theft, natural disasters, and liability claims. It helps cover the cost to repair or replace your property and possessions.
2. How do I choose the best homeowners insurance company?
Consider factors such as coverage options, customer service, claim satisfaction, discounts, regional availability, and your home’s value. Compare policies, read reviews, and check ratings from J.D. Power or the National Association of Insurance Commissioners.
3. Are all homeowners insurance companies available nationwide?
No. Some insurers, like NJM and Andover Companies, operate only in select states, while companies like State Farm and USAA have broader coverage, though USAA is limited to military members, veterans, and their families.
4. What types of coverage should I look for?
Essential coverages include dwelling coverage, personal property coverage, liability coverage, and additional living expenses. Optional coverages may include water backup, identity theft protection, guaranteed replacement cost, or eco-friendly rebuilding endorsements.
5. Can I get discounts on homeowners insurance?
Yes. Many companies offer discounts for bundling policies, having security systems, installing new roofing or plumbing, being a loyal customer, or maintaining a claims-free history. Some insurers, like Country Financial, offer multiple discount options.
6. Do all companies offer online quotes?
No. While some insurers, like State Farm, allow online quotes, others, like Chubb, Erie, and Cincinnati Insurance, require contacting an agent or phone verification to complete the quote process.
7. What is guaranteed replacement cost coverage?
Guaranteed replacement cost coverage ensures that your home is rebuilt to its original value, even if rebuilding costs exceed your policy’s dwelling limit. This coverage is offered by companies like NJM and Erie.
8. Are military members eligible for special homeowners insurance?
Yes. USAA provides homeowners insurance specifically for active military, veterans, and their families, with tailored coverage such as free protection for military uniforms and identity theft coverage.
9. How do homeowners insurance rates vary?
Rates depend on factors like dwelling coverage limits, deductibles, home location, age of the home, credit score, and claims history. Average rates can vary significantly by company, coverage, and location.
10. How important is customer service in choosing a company?
Customer service is critical, especially when filing claims. Companies like Amica and Erie are highly rated for customer satisfaction, which can make the claims process smoother and faster.
Conclusion: Best Homeowners Insurance Companies
Choosing the right homeowners insurance company is a critical step in protecting your most valuable asset—your home. The best insurers combine comprehensive coverage, responsive customer service, competitive pricing, and unique perks to meet the diverse needs of homeowners. While nationwide providers like State Farm and Amica offer broad accessibility and strong customer satisfaction, regional or specialized companies such as NJM, Andover, and USAA cater to specific audiences with tailored policies and additional benefits.
When selecting a policy, consider your home’s value, coverage options, discounts, customer reviews, and claims process. By carefully comparing insurers and understanding the strengths of each, you can make an informed decision that ensures both peace of mind and financial security for your family. Ultimately, the “best” homeowners insurance is one that fits your individual needs while providing reliable protection against life’s unexpected events.
