Compare Home Insurance

Homes come in all shapes and sizes, as do insurance companies. When trying to find home insurance coverage for what could be your biggest asset, it can be daunting to sift through the many home insurance companies competing for your business. How do you compare home insurance companies?

One of the most important steps in finding affordable home insurance rates is researching your options and comparing quotes. Finding the cheapest homeowners insurance doesn’t necessarily mean it’s the best coverage for your home — companies offer different protections in their policies, and it might be worth it to you to pay a little more.

You can explore some of the best homeowners insurance options below, including which companies offer competitive rates and the best policy options. After, make sure to compare home insurance quotes from multiple companies to make sure you get the best coverage for your home.

What are the top 10 picks for homeowners insurance quotes?

There are currently 2,509 insurance companies in the United States, which means if you are planning on buying home insurance, there are a lot of companies to choose from.

To help you compare homeowners insurance companies, policies, and rates, we have created the following list of our recommendations for the top 10 home insurance companies. Also, in this best home insurers review, we have included a brief description for each one, explaining why we believe that the company would be a great fit for you.

Liberty Mutual – Best Overall

Number one on our list of the top home insurance companies is Liberty Mutual Insurance. Liberty Mutual is one of the biggest home insurance companies in the country that sells personal home insurance. The company continues to rank well every time it is reviewed by Expert Insurance Reviews. As a top-five home insurer in the U.S., its premiums are below average and it ranks highly with third-party rating agencies.

Progressive – Best for Cheap Home Insurance

Next up on our list is Progressive. Progressive is a leading direct-to-consumer insurance company, which means it cuts out a lot of the home insurance costs by giving customers the option of dealing directly with the company as opposed to working through an insurance agent who is working off large commissions. If keeping coverage costs to a minimum for your needs is a priority for you, Progressive should be included in your home insurance price comparison.

USAA – Best for Military Members

USAA Insurance is one of the top home insurers by nearly every metric available. Its name is on just about any reputable home insurance company reviews rating list. Military members and their families should add USAA to their research list when looking for one of the most reliable home insurance companies to cover them.

State Farm – Best for Agent Driven

State Farm is the largest personal insurance company in the United States and is fueled primarily by its agents. If working face-to-face on home insurance is important to you, State Farm Insurance is a good place to start with your comparison shopping. State Farm also provides car and life insurance in addition to home insurance and has high ratings on insurance comparison sites reviews such as A.M. Best and the Better Business Bureau.

Read more: State Farm Insurance Review & Complaints: Mobile Home Insurance

Chubb – Best for High Net Worth

Chubb Insurance is not the cheapest home insurance company on the block, but its service and claims handling are unmatched. Chubb Insurance company also has a high rating with the Better Business Bureau as well as a low complaint volume. If you are a believer in the saying, “you get what you pay for,” Chubb Insurance should be a strong competitor for your home insurance business, and high on your list to compare home insurance companies. (For more information, read our “Chubb Insurance Company Review & Complaints: Auto, Home, and Business Insurance“).

Amica Mutual Insurance – Best for Multi-Policy

Amica Mutual is another insurance company that consistently ranks high in nearly every third-party insurance rating system. Individuals and families with multiple things to insure (such as home and auto) will be satisfied with being covered by Amica Mutual Insurance.

Auto-Owners Insurance – Best for Complicated Estates

Despite its name, Auto-Owners specializes in a number of different insurance types. Home insurance is one of the company’s specialties. However, Auto-Owners Insurance Company offers just about every other type of personal coverage, including home and life insurance. The company also provides a great discount program, which helps with the more lofty prices associated with an agent-driven operation.

Allstate – Best for Agent Driven

Allstate operates under a very similar model as State Farm. Individuals and families looking to work face-to-face with an insurance agent, rather than online or over the phone, will want to add Allstate to their list of companies to consider. Allstate Insurance is best known for its auto insurance coverage, however, the company offers coverage options for home and life as well.

Pure Insurance – Best for High Net Worth

Pure Insurance is the new kid on the block when it comes to high net worth insurance coverage. Its white-glove claims service is similar in nature to that of Chubb, and it should be on the shortlist for anyone in this category. Pure Insurance also offers perks and benefits to becoming one of its members that can save you money on your home and auto insurance premiums. (For more information, read our “Pure Insurance Review & Complaints: Home & Auto Insurance“)

American Modern Insurance Group – Best for Specialty Home Insurance

A leader in manufactured home insurance, American Modern Insurance Group can also provide coverage for other non-standard dwelling situations. If needs fall outside of a typical insurer’s coverage, American Modern is a good place to start your home insurance company comparison. (For more information, read our “American Modern Insurance Review & Complaints: Homeowners Insurance“)

How do I compare home insurance companies & policies?

The most effective way to shop for a homeowners insurance company is through comparison shopping. This allows you to see multiple companies and decide if their policies offer what coverage options you need at a reasonable price. The best way to compare home insurance is to review your top three choices.

Prior to comparing home insurance companies, you will need to have a good understanding of what coverage options you need out of a homeowners insurance policy. Take time to evaluate your needs and determine how much coverage will effectively protect them. In knowing how much coverage you will need before comparing home insurance companies, you are ensuring that each policy you compare will provide the proper coverage for you.

This will also help you to eliminate extra costs. The Insurance Information Institute explains that understanding the different variables involved with homeowners insurance pricing will give you more control over how much you spend on your premiums.

After evaluating your needs, a great place to start finding reputable home insurance companies is a list of home insurance reviews and policy expert home insurance claims reviews. This will ease the sifting process by providing a list of insurance companies with their ratings and homeowners insurance reviews.

The following table includes sample yearly rates for some of the home insurance companies listed above. These are based on $200,000-$250,000 dwelling coverage plans in Pasadena, CA, Denver, CO, Louisville, KY, and Salt Lake City, UT.

This table shows sample annual home insurance rates in Denver, CO for homes valued between $200,000 and $250,000.

Average Yearly Dwelling Home Insurance Rates $200,000-$250,000

Read more: Nationwide Insurance Review & Complaints: Homeowners Insurance

Out of this list, Nationwide is the only company that did not have sample rates available for Denver, CO. Also, Chubb Insurance only had sample rates available for Pasadena at $965 a year.

Finally, it’s important to keep in mind that homeowner’s insurance differs from other types of insurance, like renters or condo insurance. For condominium dwellers, see more here for tips as condominium insurance is a bit different from home insurance.

Read more: Renting vs. Buying: Is it Better to Rent or to Own a Home?

Case Studies: Comparing Home Insurance Companies

Case Study 1: Liberty Mutual – Best Overall

In this case study, we explore John’s experience with Liberty Mutual Insurance. As a homeowner, John was looking for a reliable and reputable insurance company. After comparing different options, he chose Liberty Mutual Insurance due to its excellent ratings and comprehensive coverage options. John found their premiums to be below average, providing him with affordable protection for his home.

Case Study 2: Progressive – Best for Budget Shoppers

Sarah, a budget-conscious homeowner, decided to compare different insurance companies and chose Progressive for her home insurance needs. Progressive’s direct-to-consumer approach appealed to Sarah as it allowed her to save costs by dealing directly with the company. By eliminating agent commissions, Progressive offered Sarah affordable coverage options without compromising on quality.

Case Study 3: USAA – Best for Military Members

Mark, a military member, sought reliable home insurance and opted for USAA Insurance. Being aware of USAA’s strong reputation and tailored coverage options for military members, Mark felt confident in his choice. Throughout the policy term, USAA provided exceptional service, addressing Mark’s unique needs and ensuring his home was well-protected.

Case Study 4: State Farm – Best for Agent Driven

John and Sarah preferred personalized service and decided to work with an insurance agent for their home insurance needs. They chose State Farm Insurance, the largest personal insurance company in the United States. State Farm’s network of agents allowed John and Sarah to have face-to-face interactions, discussing their coverage requirements and receiving personalized recommendations.

Case Study 5: Chubb – Best for High Net Worth

Mark, a homeowner with substantial assets, sought the best insurance coverage available. After careful consideration, he chose Chubb Insurance. Despite the higher premiums, Mark valued Chubb’s unmatched service and claims handling. Chubb’s reputation, high ratings, and low complaint volume assured Mark that his substantial assets would be well-protected.

Case Study 6: Amica Mutual Insurance – Best for Multi-Policy

John and Sarah had multiple properties to insure and were seeking coverage for both their home and auto. They chose Amica Mutual Insurance, a company known for consistently high rankings in third-party insurance rating systems. John and Sarah bundled their home and auto insurance with Amica Mutual, the convenience of comprehensive coverage from a single provider.

Compare Homeowners Insurance: What’s the bottom line?

Whether you are a first-time home insurance shopper or are looking for a different insurance company, taking time to compare home insurance companies, policies, and rates will benefit you tremendously. We at Expert Insurance Reviews compare the majority of insurance companies for you which are then shown in our compare and save reviews. (For more information, read our “Best Home Insurance for First-Time Buyers“)

Are you ready to buy home insurance? To help you compare home insurance deals, use our FREE online tool to get instant home insurance quotes from companies in your area.