Hi guyz, how are you. I hope you’re fit and doing good in your life. Finding the right home insurance can be tricky, whether you’re buying your first home or have owned one for years.
There are seven Best Homeowners Insurance Companies in USA. We are struggling to share clear and helpful information. Our goal is to provide you with a unique guide to help you learn about and choose the right company for your home insurance needs.
Home insurance is a personal decision because everyone’s needs and circumstances are different. Finding affordable homeowners insurance with the right coverage can be bit difficult, but it’s possible if you understand your priorities and how different factors affect your rate.
For instance, where you live and the risks in your area play a big role. If you’re in an earthquake-prone area, adding an earthquake endorsement might make sense. Similarly, if your home is in a flood-risk zone, getting flood coverage is likely a smart choice.
Insurance companies use many personal factors to calculate your rate, such as your credit history, ZIP code, claims history, and marital status. Because these factors vary from person to person, so do the rates, coverage options, and discounts available.
If you’re unsure where to start, consider reaching out to an independent agent or broker. They can compare quotes from multiple companies and provide expert advice tailored to your specific needs, making it easier to find the right coverage for your home.
7 Best Homeowners Insurance Companies in USA: Affordable and Reliable
Whether you’re a homeowner seeking the best coverage or an insurance agent helping clients find the right protection, this article is for you.
We’ll rank the 7 largest home insurance companies in usa based on their market share and premiums. We’ll also highlight the types of coverage each offers.
These are the biggest home insurers in the US with cheapest rate. It’s also based on the latest data from the NAIC’s property and casualty market.
1. USAA
Serving only military members and their families, USAA holds a 6.6% market share. USAA consistently scores the highest in customer satisfaction and offers excellent coverage, including earthquake insurance and home-sharing coverage.
USAA is not included in the rankings due to its membership restrictions, but it’s widely praised for its service.
Why USAA might be the best choice: USAA provides coverage only for active-duty military, veterans, and their families.
Despite this limitation, the company is known for excellent customer service, strong coverage options, and low premiums, which is why we included it in our list.
USAA standout features:
- Replacement cost coverage included
- Identity theft protection included
- Coverage for valuable personal property available
Pros and Cons of USAA
| Pros | Cons |
|---|
| ✅ Low Average Premiums – USAA is known for offering competitive rates, making it an affordable option for eligible members. | ❌ Limited Eligibility – USAA is only available to active-duty military, veterans, and their qualifying family members. This restricts access for the general public. |
| ✅ Military-Focused Coverage Options – The company tailors its home insurance policies to meet the unique needs of military families, providing specialized coverage options that are not always available with other insurers. | ❌ Fewer Discounts – Compared to some other home insurance providers, USAA offers fewer discount opportunities for policyholders. |
| ✅ High Customer Satisfaction – USAA consistently scores highly for customer service, offering a positive experience for those who qualify. | ❌ Limited Coverage Locations – USAA’s home insurance offerings may not be available in all states, limiting options for some potential policyholders. |
How to apply for usaa home insurance?
To get a USAA home insurance quote, simply give them a call at 800-531-8722, or you can easily request one online through their website for a fast and convenient process.
2. Allstate
Allstate holds a 9% market share, with home insurance policies available in all 50 states. They offer a variety of coverage options, including policies for apartments, condos, mobile homes, and rentals.
Allstate also provides a home-sharing policy for those who rent out their homes. They offer several add-ons, including coverage for water backup, green improvements, and identity theft. Allstate’s customer satisfaction is slightly below the industry average.
Why Allstate might be the best choice? Allstate provides many online tools and offers a wide range of coverage options, making it a great option for homeowners who like to manage their home insurance actively.
For those who prefer face-to-face help, Allstate has a large network of local agents who can assist with any insurance needs.
Allstate standout features:
- Available in nearly every state
- Yard and garden coverage
- Coverage for sports equipment
- Protection for electronic data recovery
- Water backup coverage
- Reimbursement for green home improvements.
Pros and Cons of Allstate
| Pros | Cons |
|---|
| ✅ Educational Information Online – Allstate provides helpful resources and articles online, helping you understand insurance better and make informed decisions. | ❌ Below-Average Customer Satisfaction – Allstate’s customer satisfaction score from J.D. Power is lower than the industry average, which means some customers may have less-than-ideal experiences. |
| ✅ Costly Claims Tool – The “Common and Costly Claims” tool helps you understand common home insurance claims and gives tips on how to prevent or reduce the damage. | ❌ Coverage Availability – Some of Allstate’s coverage options may not be available in all states, limiting choice for some customers. |
| ✅ Wide Range of Coverage Options – Allstate offers a variety of coverage choices to fit different needs, from basic to more specialized protections. | ❌ Some Policies May Be Expensive – While Allstate offers great coverage, its premiums may be higher for certain types of coverage or specific regions. |
How to apply for allstate home insurance?
You can get a home insurance quote online from Allstate. If you prefer speaking to someone directly, call 866-702-6500 or visit a nearby Allstate agency.
3. Travelers
With a 4.9% market share, Travelers offers a variety of add-ons, including green home coverage and protection for valuable items.
Their online tools make it easy to manage claims, but they’ve received complaints about their claims process. Traveler’s customer satisfaction is below average.
Why Travelers might be the best for add-on coverage options: Travelers offers all the basic home insurance coverages like jewelry and water backup protection, but it stands out for offering unique options. You can get coverage for things like green home repairs and identity theft protection. Plus, Travelers has a helpful home history tool that lets potential homeowners see a property’s past claim history before making a decision.
Travelers standout features:
- Available in most states
- Personal articles floater to cover valuable items
- Coverage for replacing your home’s contents
- Extra protection for replacing your home’s structure.
Pros and Cons of Travelers:
| Pros | Cons |
|---|
| ✅ Green Home Discount Available – Travelers offers a discount to homeowners who make environmentally-friendly improvements to their homes. If you upgrade to energy-efficient appliances or add solar panels, you could pay less for your insurance. | ❌ Not Available Nationwide – Travelers is not available in every state, which means some homeowners may not be able to access their coverage options depending on where they live. |
| ✅ OpenHouse – Free Home History Tool – Travelers provides a tool called OpenHouse, which allows potential homeowners to check the claim history of a property before making a purchase. This can help you understand if the home has had past issues and make a more informed decision. | ❌ Below-Average Customer Satisfaction Score – Travelers has a lower-than-average rating in J.D. Power’s customer satisfaction survey. This could mean that some customers have experienced less-than-ideal service or claims handling from the company. |
How to file a claim with travelers home insurance?
To get a quote, you can call 866-218-5587, reach out to a local Travelers agent, or visit the company’s website for more information.
4. State Farm
State Farm is the largest home insurance provider in the U.S., covering nearly a fifth of the $133-billion home insurance market.
It has a significant lead over the second-largest insurer and is also the biggest property and casualty insurer in the country.
State Farm offers policies in 48 states and Washington, D.C., with over 19,000 agents available to help with questions and claims.
Their policies include standard coverage, with options to add extra protection, such as increased dwelling limits, inflation coverage, and earthquake insurance in some areas. State Farm also ranks high in customer satisfaction.
Why State Farm might be the best for local agents? State Farm is a highly rated and financially stable insurance company with over 19,000 exclusive agents across the U.S. The company’s low complaint index and high customer satisfaction score show that many people are happy with their service.
State Farm standout features:
- Available in almost every state
- Coverage for home systems
- Coverage for your home’s foundation
- Premier Service Program for better support
- Water backup coverage
- Green improvement reimbursement.
Pros and Cons of State Farm:
| Pros | Cons |
|---|
| ✅ Highly Rated Digital Tools – State Farm offers easy-to-use digital tools for managing your policy, making it simple to get quotes, file claims, and track your coverage online. | ❌ Fewer Discounts Than Some Competitors – While State Farm offers some discounts, it has fewer promotional offers compared to some other insurance companies. |
| ✅ High Customer Satisfaction – State Farm has an above-average satisfaction score in J.D. Power surveys, meaning many customers are happy with their service and claims experience. | ❌ Limited Availability – State Farm isn’t available in every state, so some people may not be able to use its services depending on where they live. |
| ✅ Large Network of Local Agents – With over 19,000 agents, State Farm provides personal, local service to help you navigate your insurance needs. | ❌ Higher Premiums for Some – In some areas or for certain types of coverage, State Farm’s rates might be higher compared to other insurers. |
| ✅ Solid Reputation – State Farm is known for being a financially stable company with a strong track record, making it a reliable option for homeowners insurance. | ❌ Limited Customization Options – Compared to other insurers, State Farm may have fewer customizable policy features for specialized needs. |
How to file a claim with state farm home insurance?
Getting a homeowners insurance quote with State Farm is simple. You can get a quote online, call 800-782-8332, or visit a local State Farm agency for help.
5. Nationwide
Nationwide holds a 2.8% market share and offers unique benefits like ordinance or law insurance and credit card coverage.
They also offer competitive rates and discounts for new homes or home renovations. However, their customer satisfaction score is slightly below the industry average.
Pros and Cons Nationwide:
| Pros | Cons |
|---|
| ✅ Wide Range of Coverage Options – Nationwide offers various coverage options, including standard homeowners insurance and add-ons like home business liability, which provides protection for those who run businesses from home. They also offer unique coverages like credit card protection and ordinance or law insurance, which helps pay for the cost of rebuilding a home to meet current building codes after a claim. | ❌ Availability Limited in Some States – While Nationwide operates in most states, it’s not available everywhere. Some homeowners may not be able to access their services depending on their location. |
| ✅ Competitive Pricing – Nationwide provides some of the best rates for home insurance, especially for those who meet certain criteria, such as installing home security systems or having prior insurance. This can make it a more affordable option for homeowners looking for good value. | ❌ Customer Satisfaction Below Industry Average – Nationwide has a customer satisfaction rating that is slightly below the industry average, meaning some customers might not be as pleased with their service or claims experience. |
| ✅ Discount Opportunities – Nationwide offers several ways to reduce your premium, such as discounts for bundling home and auto insurance, installing safety features like smoke detectors, or having a newer home. These discounts can make your policy more affordable. | ❌ Fewer Customization Options for Coverage – Some customers may find that Nationwide doesn’t offer as many customizable policy options as other insurers, which might be a drawback for those who need more specific coverage. |
| ✅ Strong Financial Stability – Nationwide has a solid reputation for financial strength, ensuring that the company can handle claims and protect policyholders in the event of large-scale disasters. This makes it a reliable choice for homeowners looking for long-term stability. | ❌ Claims Processing Can Be Slow – Some customers have reported delays in claims processing, which could be frustrating for those who need quick resolutions after an incident. |
You can also read about: What is Home Insurance? Complete Guide 2025
6. Chubb
Chubb has a 2.6% market share and offers premium coverage, including water backup, replacement cost, and cyber protection.
They also provide earthquake and flood coverage. Chubb has a customer satisfaction rating below the industry average.
Why Chubb Might Be Best for Luxury Home Coverage? If you own a luxury home, Chubb is a top choice. They offer specialized services like risk consulting, where experts assess your home’s features and help you understand the full cost of rebuilding your home if needed.
They also provide a HomeScan service that helps you spot potential problems early, preventing costly damage in the future.
Chubb’s Key Features:
- ✅ Low Complaints: Chubb has a low complaint rate, meaning fewer people are dissatisfied with their service.
- ✅ Available Nationwide: You can get Chubb’s coverage no matter where you live in the U.S.
- ✅ Extended Replacement Cost: If something happens to your home, Chubb will cover the cost of rebuilding, even if it’s higher than your policy limit.
- ✅ Water Backup Coverage: This coverage helps protect against water damage, such as from a burst pipe or backed-up sewer.
- ✅ Free Home Assessment: Chubb offers a free home evaluation to assess risks and help you make sure you have the right coverage.
- ✅ Wine and Spirits Coverage: If you have an expensive wine collection or rare spirits, Chubb offers coverage specifically for those items.
- ✅ Valuables Coverage: You can insure valuable items like jewelry, art, and collectibles through Chubb’s specialized coverage options.
| Pros | Cons |
|---|
| ✅ Tailored Coverage for Luxury Homes | ❌ Below-Average J.D. Power Satisfaction |
| Chubb specializes in luxury home coverage, offering services that match the unique needs of high-value properties. This includes risk assessments to determine accurate rebuilding costs. | Chubb’s customer satisfaction rating from J.D. Power is lower than average, indicating some policyholders may not be completely satisfied with the service. |
| ✅ HomeScan Tool to Prevent Issues | ❌ Can Be Expensive for Lower-Value Homes |
| The HomeScan service helps identify potential problems before they cause significant damage, potentially saving you from costly repairs later on. | For homes with lower market value, Chubb’s premium rates may be higher compared to other insurers, which could make it less ideal for those on a budget. |
| ✅ Multiple Options for Valuables Coverage Chubb offers specialized coverage for valuable items like fine art, jewelry, wine collections, and more. |
How to apply for a chubb home insurance?
Chubb only works through local independent agents. To get started, you can use their Find an Agent on their website to locate an agent near you who can help guide you through the process and find the best coverage for your luxury home.
7. Erie Insurance
Erie Insurance holds a 2.5% market share and offers comprehensive coverage options, including water backup, identity theft protection, and replacement cost coverage.
They also provide protection for personal property and valuable items. Erie Insurance has a solid customer satisfaction rating, often ranking above average in several surveys.
Why Erie might be best for strong coverage? Erie provides a variety of coverage options, like water backup, guaranteed home replacement, and identity theft protection, allowing you to customize your home insurance policy based on your needs.
While Erie operates in only 12 states and Washington, D.C., it is highly regarded for its customer satisfaction, financial strength, and range of available coverage options.
Erie standout features:
- Low NAIC complaint index for home insurance
- Identity theft protection
- Service line coverage
- Sewer backup protection
- Equipment breakdown coverage.
Pros and Cons of Erie Insurance:
| Pros | Cons |
|---|
| ✅ Affordable premiums: Erie offers lower-than-average rates, making it a budget-friendly option for homeowners. | ❌ Limited app features: Erie’s mobile app is not as user-friendly or feature-rich as some other insurers. |
| ✅ Good customer satisfaction: Erie ranked above average in J.D. Power’s 2024 U.S. Home Insurance Study and placed third in the 2024 U.S. Property Claims Satisfaction Study. | ❌ Limited availability: Erie only operates in 12 states and Washington, D.C., so it may not be an option if you live outside these areas. |
| ✅ Comprehensive coverage options: Erie offers a wide variety of coverages, including water backup, identity theft, and guaranteed home replacement. |
How to get started with Erie Insurance?
To get a quote, you’ll need to work with an independent agent from Erie’s network. You can find an agent and even choose your preferred language on Erie’s website.
Why Financial Strength Matters in Choosing an Insurance Company?
They will be fair in following the policy and paying what you are owed, without forcing you to hire a lawyer.
They are big, well-established, and financially strong. This means that even if a major disaster affects an entire region, they won’t run out of money or go out of business.
The first thing to know about insurance companies is that none of them are perfect, but some are better than others. It’s important to check which companies offer homeowner policies in your area.
Sometimes, smaller local insurance companies might struggle or shut down if a large disaster happens and they have to pay more than they can afford.
FAQ’s:
Who insures the most homes in the USA?
State Farm is a really big company that gives insurance for homes and cars. They’re the biggest in the US and Canada, with a big share of the market for both kinds of insurance. They have a lot of helpers called agents in almost every part of the country, and they offer insurance plans in most states except for California, Massachusetts, and Rhode Island.
How much is house insurance in USA?
The average cost of home insurance across the US is $2,304 per year if your home is insured for $300,000. But this price can change a lot depending on where you live.