Homeowners insurance companies offer a variety of coverage options, discounts and affordable premiums. Choosing the best one for your needs is critical.
The best companies offer excellent customer service, low prices and comprehensive coverage. Some companies specialize in a specific group of customers, like USAA for military members or Hippo for new homebuyers.
Amica is a popular home insurance company that offers high customer satisfaction and extensive coverage options. It is headquartered in Rhode Island and provides homeowners insurance in all 50 states except for Alaska and Hawaii.
The company has a solid reputation for its customer service, and its ratings from AM Best and the BBB are excellent. It also has a good financial strength rating and a stable future outlook.
Its online claims center is easy to navigate, and the company partners with a Contractor Connection program to help homeowners find licensed contractors to perform renovation projects. The program monitors contractors for metrics like work quality, estimates and timeliness and requires them to back their work with a workmanship warranty for five years.
Amica also offers supplemental home insurance options, including valuable items coverage and catastrophic coverage. This includes coverage for losses resulting from water damage, fires and earthquakes.
Whether you own your home or rent it out, Amica can help replace your belongings and compensate you for lost income during repairs. The company also offers a range of add-on insurance options, including identity protection and flood coverage.
Amica also sells life insurance, a financial product that can provide a lump sum to help fund retirement expenses and provide financial protection for loved ones in case you die. The company offers term and whole life insurance, as well as annuities. It also sells long-term care, disability income and health insurance.
USAA is a military-friendly financial services provider with a reputation for providing exceptional customer service. They offer several different insurance and banking products to their members.
Homeowners insurance from USAA protects your house and other buildings on your property against damage from fire, theft, vandalism and most weather events. The company also offers personal belongings coverage and other optional policies to meet your needs.
It’s important to note that homeowners insurance rates depend on several factors, including your credit score and the value of your home. You can get personalized rates from a USAA agent to find the right policy for you.
Moreover, USAA’s home insurance has some of the lowest homeowner’s insurance rates in the country. They also have high ratings for customer satisfaction and a low complaint index, according to the National Association of Insurance Commissioners.
The company is based in San Antonio, Texas and has a large number of member locations around the country. It offers an excellent mobile app for logging in to your account, requesting roadside assistance and reporting claims.
They also provide a number of discounts to their customers, including a military installation discount for those who garage their car on base. They also offer a family discount for those who have parents who are members of the company.
They’re one of the best-known companies in the insurance industry and have some of the lowest prices for homeowners insurance. In addition, they offer a variety of other benefits for their members, including a subscriber savings account and a contractor network.
Travelers offers homeowners insurance policies to protect the structure and contents of your home. Its standard policy covers losses caused by fire, severe weather and theft. It also offers a variety of add-ons that extend coverage and can be purchased for an additional fee.
This company is one of the oldest and most established in the home insurance industry, and it has a good reputation among consumers. It is a solid choice for homeowners who want to save money on their insurance.
The company has a good customer service rating, as well. It receives relatively few complaints and is rated well for its claims handling by J.D. Power.
You can bundle your home insurance with other policies from Travelers, such as auto insurance and renters insurance, to reduce your overall cost. You can also get a discount if you have protective devices, such as smoke detectors, interior sprinkler systems or home security systems.
Another option from Travelers is green home insurance, which pays to repair or rebuild your home with materials that are more environmentally friendly. You can also get an umbrella insurance policy that provides additional liability protection beyond the limits of your home and auto insurance policies.
The best way to determine the insurance company that is right for you is to do your research. You can use a website like Insurify to compare quotes from several companies in a matter of minutes. You can then select the one that fits your needs and budget.
Farmers offers a wide range of coverage options for homeowners and a few money-saving features. However, its annual rate tends to be higher than competitors.
A variety of optional protections are available, including a FORTIFIED roof upgrade to protect against hail damage and emergency mortgage assistance for three months of mortgage payments while you rebuild following a covered loss. You can also add personal article floaters to insure your expensive items at higher limits.
The company has a good reputation for customer satisfaction, and it was one of the top performers in J.D. Power’s 2022 U.S. Home Insurance Study and third in the Property Claims Satisfaction survey.
Its deductibles decline annually and you can get a discount if you’ve been claim-free for at least three years. You can also save by avoiding accidents and by paying your policy on time.
For example, if you’re concerned about your water consumption, Farmers might have discounts for a Flume device that monitors and reports your home’s water usage to the company. This device is installed without a plumber and includes a mobile app to help you track your water use.
Despite its mediocre ratings, Farmers is a good choice for those who value home and auto insurance customer service. Its agents are friendly and willing to work with customers who need help filing claims. They are also available to answer questions about their policies and coverage.
5. Allied Insurance
Allied Insurance is a well-established insurance company that has been providing quality services since 1929. Its main products include auto insurance, homeowners insurance, life insurance, renters insurance, boat insurance and more.
Those who want to get a quote from Allied Insurance will need to enter their personal information, including their driver’s license number and their date of birth. This will help them to provide you with a quote and provide you with the car insurance coverage that is best for you.
The company also offers a wide range of optional coverage benefits, such as roadside assistance and accident forgiveness. This coverage can be especially beneficial for safe drivers, who can enjoy discounts and rate decreases if they haven’t received any tickets or accidents in a few years.
Another plus for Allied is that they offer multiple ways to submit a claim. You can call an agent, use a mobile app or email them. These extras can make the insurance process more convenient, which is a great thing to have if you are looking for a high-quality company.
As a part of the Nationwide family, Allied has a solid reputation for offering competitive prices and reliable customer service. They also have a good list of common discounts, like multi-policy bundling. However, the company doesn’t have a lot of digital options for quoting, which may not be ideal for those who prefer to do their comparison shopping online.
6. Erie Insurance
Erie Insurance offers several affordable home insurance options, including a variety of coverages and discounts. The company has a solid reputation for customer satisfaction and provides 24/7 support to policyholders.
It also has an app for customers to file claims, view bill information and make payments. This is a helpful feature for anyone with multiple policies from Erie, as it saves them time and hassle.
The company also offers renters insurance for those who rent homes, condos and mobile homes. This coverage protects your property from damage and loss, as well as provides temporary living expenses while you’re away from your home.
For car owners, Erie Insurance offers comprehensive insurance coverage and roadside assistance. It also has a mobile app that tracks driving habits and offers rewards for safe drivers.
In addition, Erie Insurance has a “Rate Lock” feature that keeps your rates the same year after year. This feature is great for new drivers or people who don’t drive much.
However, it’s important to note that you can only qualify for the rate lock if you add other lines of coverage to your auto policy. If you don’t qualify, your premiums could increase later if you get in an accident or make a claim.
If you’re interested in a home or car insurance policy, consider shopping around for the best rates. Many companies offer discounts for installing safety devices or getting a quote in advance of your policy’s renewal.