Compare Home Insurance Companies and Rates

Our guide to home insurance compares top companies on factors like rates, coverage options and customer service ratings.

Find the Cheapest Home Insurance Quotes in Your Area

How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
Privacy Secured  |  Advertising Disclosures
 

Shopping tips

  • Comparing home insurance quotes can save you money.
  • It’s important to get the right amount of homeowners insurance coverage.
  • Ratings help you find a company you can trust.
  • Insurance companies need details about your home for quotes.
  • Some of these details are on your county assessor’s website.
  • It’s important to account for coverage differences in each quote.
  • It never hurts to ask about home insurance discounts that may have been overlooked.

Compare home insurance company rates

State Farm has the cheapest home insurance rates at $2,427 a year, or $202 a month, on average. Allstate is only slightly more expensive at around $213 a month. However, each company’s rates vary by customer. 

Your actual rate depends on factors like your location, your home’s features and, in most states, your credit history. Comparing home insurance quotes helps you find the cheapest rate for your situation.

Home insurance rates by company

CompanyAnnual rateMonthly rateLendingTree score
state farm logoState Farm$2,427$2024 stars
allstate logoAllstate$2,560$2134 stars
chubb logoChubb$2,606$2174 stars
progressive logoProgressive$2,648$2214 stars
nationwide logoNationwide$3,055$2553.5 stars
American Family logoAmerican Family$3,072$2564 stars
travelers logoTravelers$3,149$2623.5 stars
Farmers logoFarmers$3,801$3173.5 stars
usaa logoUSAA*$2,507$2094 stars
Find the Cheapest Home Insurance Quotes in Your Area


Compare home insurance quotes by state

The location of your home affects how much you pay for home insurance. If your home insurance rate is higher than your state average, it’s good to shop for cheaper quotes.

Home insurance rates by state

StateAverage rateCheapest companyCheapest premium
Alabama$3,217Allstate$2,228
Alaska$1,475Western National$1,235
Arizona$2,623State Farm$1,737
Arkansas$3,722MetLife$2,519
California$1,260USAA$799
Colorado$4,489Chubb$2,614
Connecticut$2,618Allstate$1,737
Delaware$1,701Nationwide$840
District of Columbia$1,764Nationwide$1,409
Florida$3,889Chubb$2,294
Georgia$2,869Progressive$2,061
Hawaii$632UPC Insurance$370
Idaho$2,178Mutual of Enumclaw$957
Illinois$2,743Nationwide$1,545
Indiana$2,643Erie Insurance$1,453
Iowa$2,697Pekin Insurance$1,830
Kansas$5,412Shelter Insurance$3,227
Kentucky$4,671Cincinnati Insurance Co.$2,030
Louisiana$4,033State Farm$1,274
Maine$1,863Vermont Mutual Insurance$1,006
Maryland$1,810Travelers$1,384
Massachusetts$1,906Norfolk & Dedham Group$685
Michigan$2,467The Hanover Insurance Group$1,004
Minnesota$3,642North Star Mutual Insurance Co.$2,001
Mississippi$4,201Southern Farm Bureau Casualty$3,249
Missouri$3,387Allstate$2,356
Montana$3,068Farmers$1,660
Nebraska$5,912American Family$3,834
Nevada$1,626Nationwide$1,065
New Hampshire$1,760Vermont Mutual Insurance$1,048
New Jersey$1,744Allstate$1,028
New Mexico$3,354State Farm$2,183
New York$1,897NYCM Insurance$529
North Carolina$3,378State Farm$1,475
North Dakota$2,911North Star Mutual Insurance Co.$1,947
Ohio$2,207Erie Insurance$1,242
Oklahoma$6,133American Farmers & Ranchers$4,466
Oregon$1,885Mutual of Enumclaw$782
Pennsylvania$1,928Westfield Insurance$1,017
Rhode Island$2,240State Farm$1,027
South Carolina$3,335Allstate$1,274
South Dakota$3,605North Star Mutual Insurance Co.$2,530
Tennessee$2,857Erie Insurance$2,332
Texas$5,180Texas Farm Bureau Insurance$3,474
Utah$1,507Farm Bureau Financial Services$1,230
Vermont$1,339Allstate$768
Virginia$2,499State Farm$1,483
Washington$1,600Mutual of Enumclaw$907
West Virginia$2,511USAA$1,197
Wisconsin$2,159Erie Insurance$1,222
Wyoming$2,323Nationwide$1,408

You can trust LendingTree

25+ years in business. Over 1 million shoppers served per month.

Number one icon

SECURITY

Instead of sharing information with multiple insurance companies, fill out one simple, secure form in five minutes or less.

Number two icon

SAVINGS

Compare quotes from our online partners as well as our network of more than 3,000 local insurance agents.

Number three icon

SUPPORT

We provide ongoing support with unbiased insights and recommendations from experienced industry analysts to help you save.

How to compare home insurance

A little preparation makes it easier to compare home insurance companies. Along with your address and a few personal details, you’ll need to provide:

  • Your policy’s start date: If you’re buying a home, your coverage needs to begin on your close date. You can switch companies almost anytime. Keep your existing policy active until the new one begins.
  • Your coverage needs: If you’re comparison shopping, pull up your current policy’s declarations, or dec page. This shows your existing coverage amounts, which are a good starting point.
  • Basic details about your home: The information most home insurance companies need to prepare your quote includes:
    • The year your home was built
    • Your home’s square footage
    • Your home’s foundation type (basement, crawl space, etc.)
    • The garage style (attached, built-in or detached) of your home
    • The number of stories your home has
    • Your home’s building and roofing materials
    • Flooring, countertop and cabinet materials used in your home
    • The type of heating your home uses
    • Your home’s fuel source (electricity or natural gas)

You can find most of this information on your county assessor’s website or in your inspection report. Most insurance companies can also help you find these details.

How to shop

You should also choose a shopping option that makes you comfortable. You can shop for home insurance online, work with an agent or combine these options.

Online shopping

A few home insurance companies offer fully online shopping. This is a great option if you already know how much coverage you need. Most online insurance companies also offer live help by phone or chat.

You can get quotes directly from insurance company websites or use a comparison site like LendingTree. Comparison sites help you get multiple quotes with one questionnaire.

Working with an agent

An insurance agent can answer your questions and help you get the right amount of coverage. Some companies have captive, or exclusive, agents. Others work with independent agents.

  • Captive agents can only give you quotes from the company they work for. You have to contact each of these companies’ agents separately. State Farm and Allstate are two examples of captive agent companies.
  • Independent agents can get quotes from many different companies, helping you comparison shop. Travelers and Nationwide are examples of companies that work with independent agents. Independent agents can’t get you a quote from a captive-agent company.

How to compare home insurance coverage options

It’s important to compare the coverages in your home insurance quotes as well as rates. Each coverage has its own limit, or maximum payment amount. The typical coverages in a homeowners policy include:

Dwelling

This repairs structural damage to your home, including built-in appliances. Your dwelling limit should match your home’s replacement value Replacement value is the estimated cost of rebuilding a home after a total loss. You usually need to insure your home for this amount, which is typically lower than a home’s market value. . Most insurance companies calculate this for you, based on your home’s features. Make sure they have accurate information about your home.

Other structures

This pays to repair detached garages, sheds and other unattached buildings on your property. Most policies include a default limit of about 10% of your dwelling coverage. You may need more if you have a finished structure like a cottage.

Personal property, or contents

The covers your belongings, including furniture, electronics, clothes, recreational gear and movable appliances like a refrigerator. A common default limit is 50% of your dwelling coverage, but some companies offer more. Creating an itemized list of your possessions and their value is a good way to figure out how much you need.

Loss of use

This pays for temporary living expenses after a covered disaster. The default limit is about 20% of your dwelling coverage. This is usually enough.

Personal liability

Homeowners liability covers injuries and damage you accidentally cause to others. Many companies offer $100,000 by default. It’s usually worth bumping this up to at least $300,000.

Guest medical

This covers medical treatment for a guest injured at your home. Default limits range from $1,000 to $5,000. Anywhere in this range is usually fine.

Your dwelling, other structures and contents coverages include a deductible. This is the amount you pay before insurance funds kick in.

Home insurance covers common disasters like fire, windstorms and most damage from a winter freeze. However, it does not cover floods or earth movements, including earthquakes, landslides and sinkholes. You can buy separate insurance to cover each of these risks.

Optional home insurance coverages

Most insurance companies offer endorsements, or optional add-ons, for more protection. The most useful ones include:

  • Scheduled personal property: Standard home insurance has coverage limits for valuables like jewelry and antiques. This add-on gives your valuables extra protection.
  • Water backup coverage: This relatively cheap endorsement can save you money and headaches after a sewer or drainage backup.
  • Contents replacement cost: Standard home insurance covers your belongings at their current value, after age and wear. A replacement cost upgrade pays for comparable new items.

Home insurance rating comparisons

J.D. Power J.D. Power’s satisfaction scores are based on customer surveys rating companies on factors like price, coverage options and problem resolution. , the National Association of Insurance Commissioners The NAIC rates companies on confirmed complaints by size. A confirmed complaint is one that leads to a finding of fault. (NAIC) and LendingTree have helpful customer service ratings.

  • Companies that make it hard to get help or resolve complaints tend to have low satisfaction ratings from J.D. Power.
  • The NAIC gives bad complaint ratings to companies that often mishandle claims.
  • Companies with high rates, poor customer service or inflexible coverage options get low scores from LendingTree.

USAA and Chubb have excellent scores in all three ratings. However, USAA is only available to the military community, and Chubb is for high-value homes. For most homeowners, State Farm has the best satisfaction rating, and American Family has the best complaint rating.

Home insurance company ratings

CompanyAnnual rate J.D. Power Source: J.D. Power 2024 U.S. Home Insurance Study. Higher is better. NAIC Source: NAIC 2024 Complaint Index. Lower is better. LendingTree
Allstate$2,5606311.14 stars
American Family$3,0726380.54 stars
Chubb$2,6066880.14 stars
Farmers$3,8016090.93.5 stars
Nationwide$3,0556411.33.5 stars
Progressive$2,6486341.74 stars
State Farm$2,4276431.24 stars
Travelers$3,1496090.93.5 stars
USAA*$2,5077370.44 stars

Expert advice

Why is it important to compare home insurance quotes?

Rob Bhatt

Rob Bhatt is a licensed insurance agent and writer for LendingTree.

“Comparing home insurance quotes helps you get the most affordable rate. Companies change the way they set their rates from time to time. Your own rate qualifications can also change, especially if you improve your credit and avoid claims.

“Comparing quotes before you buy or renew your policy protects you from overpaying. This can help reduce the strain on your household budget.”

Home insurance company comparisons

Here’s how top home insurance companies compare on factors like price, customer service and coverage options.

Allstate

Allstate logo

Annual rate: $2,560
LendingTree score: 4 stars

Allstate has several discounts that can make its low home insurance rates more affordable. These include a welcome discount just for switching to Allstate and another for buying your policy in advance.

Its 25% discount for bundling is generous. Unfortunately, these savings are offset by Allstate’s high car insurance rates. It charges 41% more than the national average.

Add-on coverage for water backups and valuables lets you customize your coverage. Allstate’s “green improvement reimbursement” is unique. It pays to replace damaged items with new ones that are more energy efficient.

Pros

 Cheap home insurance rates
 Customizable coverage options
 Several ways to save with discounts

Cons

 Customer satisfaction is worse than average
 High auto rates offset bundling discount

Read Review

American Family

American Family logo

Annual rate: $3,072
LendingTree score: 4 stars

An excellent complaint rating means American Family, or AmFam, does a good job settling claims. Its rates before discounts are 10% higher than the national average. However, its discounts for new homes, renovated homes and bundling can make it more affordable.

American Family’s Inland Flood coverage can come in handy in areas with moderate flood risks. It’s not full-fledged flood insurance, but it does give you some protection for flood damage. AmFam also has coverage options for home-based businesses and short-term rentals.

Pros

 Excellent NAIC complaint rating
 Flexible coverage options
 Limited flood protection available

Cons

 Home rates are 10% higher than average
 Satisfaction rating is just average

Read Review

Chubb

chubb-logo

Annual rate: $2,606
LendingTree score: 4 stars

Chubb specializes in insurance for high-value homes, or those with a rebuild value above $1 million. Its standard policies include replacement cost coverage for your belongings. Most other companies charge extra for this.

Chubb’s HomeScan service helps detect problems like leaks and faulty wiring. This lets you fix these problems before they lead to more severe damage. Chubb also offers a cash settlement if you don’t want to rebuild in your current location after a total loss.

Pros

 Excellent customer service ratings
 Cash settlement option for a total home loss
 Replacement cost coverage for your belongings

Cons

 Usually only insures high-end homes
 No online quotes

Read Review

Farmers

Farmers logo

Annual rate: $3,801
LendingTree score: 3.5 stars

Like most companies, Farmers gives you a discount for bundling policies, avoiding claims and having protective devices. It also offers an affinity discount to homeowners with certain professional or academic backgrounds. These affinity discounts also extend to current and former military service members.

Farmers’ low satisfaction score means the company isn’t dazzling its customers with great rates and service, and its complaint score is only better than average. It does a better job settling claims than a typical company, but not by much.

Pros

 Affinity discounts for military and certain professions
 Slightly better than average on complaints
 Personalized service from local agents

Cons

 Expensive rates before discounts
 Below-average customer satisfaction

Read Review

Nationwide

nationwide-logo

Annual rate: $3,055
LendingTree score: 3.5 stars

Nationwide’s optional Better Roof Replacement rebuilds your roof with stronger materials after a disaster. This can help protect your home from a future disaster.

The company’s optional identity theft protection is a cut above other home insurance plans. It includes credit monitoring and only costs $45 a year. This is cheaper than some standalone identity protection plans.

At $3,055 a year, Nationwide’s home insurance rate is 9% above the national average. The discount it offers for bundling makes it more affordable. You can also get discounts if you recently bought or renovated your home.

Pros

 Flexible coverage options for your roof
 Discounts for recently bought homes
 Good ID theft plan for a home insurance company

Cons

 Higher-than-average home insurance rates
 Complaint score is worse than average

Read Review

Progressive

progressive logo

Annual rate: $2,648
LendingTree score: 4 stars

Progressive charges 5% less than the national average for home insurance before discounts. However, bundling policies only saves you another 7% or so. This is smaller than the discount many other companies offer for bundling.

The company’s customer service ratings are worse than average. Its 1.7 complaint rating is especially troubling. It means Progressive has 70% more confirmed home insurance complaints than average.

Pros

 Cheap home insurance rates
 Money-saving discounts can make it more affordable
 User-friendly website makes it easy to shop online

Cons

 Poor complaint rating
 Relatively small discount for bundling

Read Review

State Farm

State Farm logo

Annual rate: $2,427
LendingTree score: 4 stars

Along with low home insurance rates, State Farm charges 24% less than the national average for car insurance. This makes State Farm a great choice for bundling. Doing so earns you a multipolicy discount that lowers your combined home and auto rate even more.

State Farm offers all the basic coverages like dwelling, personal property and liability. However, it doesn’t offer many of the extras that other companies have. For example, State Farm doesn’t have home insurance add-ons for home-based business or home sharing. It does offer business-owners insurance, but only as a separate policy.

Pros

 Charges 13% less than U.S. average for home insurance
 Cheap home and auto rates are good for bundling
 Excellent customer satisfaction rating

Cons

 Coverage options limited to the basics
 Complaint rating is worse than average

Read Review

Travelers

Travelers logo

Annual rate: $3,149
LendingTree score: 3.5 stars

Travelers home insurance rates are 12% higher than the national average. However, its low car insurance rates can make it a good deal for bundlers. Travelers also has a discount for eco-friendly homes. Your home needs Leadership in Energy and Environmental Design (LEED) certification to qualify.

The company’s low satisfaction score means other companies have happier customers. From a ratings perspective, Travelers’ better-than-average complaint score is a saving grace.

Pros

 Cheap car insurance can make it a good deal for bundlers
 Complaint score is better than average
 Discount for LEED-certified homes

Cons

 Home rates are 12% higher than U.S. average
 Low customer satisfaction

Read Review

USAA

USAA

Annual rate: $2,507
LendingTree score: 4 stars

USAA has a cheaper average home insurance rate than most other companies. It also has a higher satisfaction rating than any other home insurance company. These factors help make USAA a great choice if you meet its military eligibility requirements.

A user-friendly website makes it easy to get quotes online and manage your policy. The company also provides live help by phone and online chat.

However, you usually get a different insurance agent each time you call in for assistance. Other companies let you work with the same agent on an ongoing basis, which often gets you more personalized service.

Pros

 Cheap rates
 Highest satisfaction score
 Excellent complaint rating

Cons

 Only available to the military community
 No personalized agent service

Read Review

Sample home insurance quote comparison

Coverage types, limits and prices often vary by home insurance company. This can make it hard to compare companies on an exact apples-to-apples basis. You often have to decide whether a cheaper price is more important than more coverage or better customer service.

The difference in prices between the three quote examples below shows how different factors can affect your rate:

  • Quote A is the most expensive. It pays to replace your belongings with new items. Quote B covers your items at lower amounts, factoring in age and wear.
  • Quote C is the cheapest. It has a higher deductible than Quote A and Quote B. This will save you money upfront. However, you’ll need to come up with that higher deductible amount if disaster strikes.

Home insurance quote comparison

Quote AQuote BQuote C
Dwelling coverage: $300,000Dwelling coverage: $300,000Dwelling coverage: $300,000
Other structures: $30,000Other structures: $30,000Other structures: $30,000
Personal property: $180,000, replacement costPersonal property: $150,000, actual cash valuePersonal property: $180,000, replacement cost
Loss of use: $60,000Loss of use: $60,000Loss of use: $60,000
Personal liability: $100,000Personal liability: $100,000Personal liability: $100,000
Medical payments: $5,000Medical payments: $5,000Medical payments: $5,000
Endorsements: Extended replacement costEndorsements: NoneEndorsements: Extended replacement cost
All-perils deductible: $1,000All-perils deductible: $1,000All-perils deductible: $2,000
Price: $1,173 per year ($98 a month)Price: $1,037 a year ($86 a month)Price: $1,106 per year ($92 a month)
Find the Cheapest Home Insurance Quotes in Your Area

Choosing your home insurance company

Once you’ve received your home insurance quotes, compare them to find the best offer. A low price is important, but you also need to make sure you have enough coverage.

Once you choose a policy, it’s pretty easy to finalize your purchase.

  • If you’re buying a home, have your agent send your insurance binder to your mortgage company. Your binder summarizes your coverage and rates.
  • If you’re switching companies, your next steps depend on how you pay for insurance. If you pay through an escrow account, let your mortgage company know about your new policy.
  • If you pay your insurance company directly, just set up your payment plan. You usually get a cheaper rate when you pay upfront in full. However, you can usually also choose an installment plan with a down payment.

Money-saving home insurance tips

Comparing quotes, using discounts and choosing a high deductible can help you save money on home insurance. Avoiding claims for minor losses can help keep your rate low.

Reasons to shop around

Insurance companies frequently adjust the way they set rates. Your own rate qualifications can also change from time to time. For example, you usually get cheaper rates if your credit improves. Comparing quotes helps you find the cheapest home insurance that is currently available to you. 

Home insurance discounts to ask about

The various discounts insurance companies offer can add up to serious savings. Most companies give you a discount for bundling your homeowners policy with your car insurance.

Several also give you discounts for protective devices ranging from deadbolt lots to monitored home security systems. Some companies also give you a discount for buying a newer home or living in a gated community.

Some of the questions that insurance companies ask for when providing quotes are related to discounts. Your replies let them include the appropriate discounts in your quote. It’s still good to ask about discounts when you get a quote, just to make sure none have been overlooked. 

How a high deductible helps

Raising your deductible lowers the amount your insurance company pays if you have a claim. Insurance companies pass their savings along to you in the form of a lower rate. 

Since your deductible comes out of your own pocket, you don’t want it to be too high. However, just raising your deductible from $1,000 to $2,000 can knock about 7% off your rate.

Why to avoid small claims

Paying for minor repairs yourself protects you from future rate hikes or worse. Insurance companies typically raise your rates for two or three years after a claim of any size. Your home insurance company may drop you if you have multiple claims within two or three years.

Spending a couple thousand dollars to avoid an insurance claim may seem like a hassle. But doing so can help you avoid potentially bigger insurance problems in the future.

Frequently asked questions

Bundling your home and auto insurance and shopping around are good ways to save money on home insurance. Make sure to ask about any discounts that may be available to you.

Homeowners insurance isn’t required by law. For mortgages, lenders make you insure your home at its replacement value, or estimated rebuild cost. You can insure it for a lower amount if you have a low loan balance or no mortgage. However, doing so is rarely advised.

If you’re buying a home, it’s best to begin shopping for homeowners insurance as soon as your offer is accepted. For mortgages, lenders require your insurance policy to take effect on your closing date.

Standard home insurance covers your belongings at actual cash value, or at depreciated prices. A replacement cost upgrade pays to replace damaged or stolen items with new ones.

Standard home insurance typically only offers limited coverage for certain valuables. Most policies only cover jewelry for up to $1,500 and have similar limits for antiques and fine art. However, you can usually pay extra to increase your coverage for items like these.

Methodology

The rates shown in this article are based on non-binding quotes collected from Quadrant Information Services. Your rates may vary. Average rates were compiled from rates in all 50 states. The following coverages and deductible were used unless otherwise noted:

  • $400,000 dwelling coverage
  • $40,000 other structures
  • $200,000 personal property
  • $80,000 loss of use coverage
  • $100,000 liability
  • $5,000 medical payments
  • $1,000 deductible

Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third-party customer service ratings and app/website experience. We weighted these categories based on what customers value in an insurance company.

For third-party customer service ratings, we included complaint index scores from the National Association of Insurance Commissioners (NAIC) and financial strength ratings from AM Best. NAIC complaint index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from AM Best reflect the ability to pay out claims.