Top 10 Best Homeowners Insurance Companies
For most people their home is the single largest purchase they'll ever make. That's why it is so important to protect it with the best homeowners insurance you can get. In most instances, having homeowners insurance is mandatory so you'll want to make sure you have the coverage that is right for you.Below is a list of the best homeowners insurance companies sorted by price, coverage, customization ability, and customer service.
Founded in 1912, Liberty Mutual is an insurance company headquartered in Boston, Massachusetts. It offers a range of insurance products including auto, home, and life policies. The company operates globally, extending its services to multiple countries. It is known for its customer-focused approach and flexible policy options. Liberty Mutual is a breeze to work with. They offer personal property replacement, 24-hour repairs for damage, and multi-policy discounts. They even have "additional living expense coverage" where, if you can't stay in your home due to a covered loss, they will provide extra coverage for living expenses, enabling your family to maintain its normal standard of living. Not only do you get all those benefits, but it's also one of the least expensive options on the market.
Visit Website
Established in 1922, State Farm specializes in insurance and financial services. With its headquarters in Bloomington, Illinois, the company is best known for its auto and homeowners insurance. State Farm employs a large network of agents across the United States to provide personalized services. They also have multi-policy discounts to offer, as well as discounts for things like having deadbolt locks and fire extinguishers - they really stress the preventative measures you can take to safeguard your home. After all, why make a claim if you can avoid the hassle to begin with? They are really easy to work with and will get a quote back to you in a matter of minutes.
Visit Website
Founded in 1931, Allstate is an insurance provider based in Northfield Township, Illinois. The company offers a variety of insurance options including auto, home, and life insurance. Allstate is recognized for its "You're in Good Hands" slogan and has a strong focus on digital platforms for customer interaction. Allstate will let you design your coverage for the type of home you own and lifestyle you enjoy. Plus, "Allstate has Optional features to offer you protection when you need it and rewards when you don't" according to their agents. These include their Claim RateGuard which "Helps keep your rate from going up just because of a claim." as well as having incentives to switch over to them with a clean claim record. They have a nice feature to let you see the features state by state so you know what you're getting before you sign up.
Fantastic company and my local agent, The Pollick Agency in Beaver, PA, has done a great job at helping us choose our coverage levels and explaining what all of it means!
Visit WebsiteAside from the comical commercials, Farmers offers many things to the homeowner. They do a good job of educating you as to what the coverage means, how much you need, and what is or isn't covered. Their customer service is one of the best, though you pay a little extra for that peace of mind. All in all, you can't go wrong with a Farmers plan as long as it meets your needs.
United Services Automobile Association (USAA) was founded in 1922 and caters primarily to military personnel and their families. With headquarters in San Antonio, Texas, the company provides a wide range of financial services, including insurance, banking, and investment options.
I have used Travelers Insurance my whole life!
Nationwide Mutual Insurance Company and affiliated companies is a group of large U.S. insurance and financial services companies based in Columbus, OH.
In 2015, they released a very controversial ad featuring a boy who died by drowning in a bathtub. They'll cover your possessions by replacing them with a brand new version. They have fast processing times. Bundling home and auto will get you a 20% discount, and you get a dedicated agent to help you figure out what you need for your home.
An acronym for Government Employees Insurance Company, Geico was established in 1936. Headquartered in Chevy Chase, Maryland, it specializes in auto insurance but also offers other types of insurance products. The company is well-known for its advertising campaigns featuring the Geico Gecko. Though they don't underwrite their policies themselves, Geico can usually find you the best deal on your homeowners insurance. They manage your policy in-house, and you get discounts for multi-policy programs. So if you already have your vehicle insurance with Geico, you might as well cash in on the discount and let them manage your home too.
Founded in 1937, Progressive is an insurance company that primarily focuses on auto insurance. Based in Mayfield Village, Ohio, the company also offers home, boat, and motorcycle insurance. Progressive is known for its "Name Your Price" tool, which allows customers to customize their insurance plans. A very informative website and the ability to customize your coverage make Progressive a good choice for your homeowners plan. While it can be the cheapest option, there are enough add-ons to build into your plan, and your cost can grow pretty quickly. Coverage is a premium with Progressive though.
You get a dedicated agent to help you build your policy with American Family. They will often provide accommodations (hotel) in the event you are forced out of your house due to damage. They also have very good liability coverage in case of accidents involving you or someone else while on your property.
Esurance is an American-based auto insurance company founded in 1999, with headquarters located in San Francisco, California. The company provides insurance policies through its online platform, which allows customers to obtain quotes, purchase policies, and file claims entirely online. Esurance offers a range of coverage options, including liability, collision, and comprehensive insurance, as well as additional services such as roadside assistance and rental reimbursement. The company also provides insurance policies for motorcycles, boats, and renters, making it a popular choice for customers seeking a wide range of coverage options. Typical 24/7 claim filing with their customer service, protection against property theft and damage, and the ability to get discounts on your policy are the top 3 reasons to go with Esurance. They also offer online policy management and flexible payment options.