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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.

Best Homeowners Insurance Companies

Content was accurate at the time of publication.

Top-rated home insurance companies

$1,830/year
Best overall:
Amica
Amica logo
$2,427/year
Best large company: State Farm
State Farm logo
$2,159/year
Best regional: North Star Mutual
North Star Mutual logo
+
More Options

Amica is the top home insurance company in the country. It offers low rates and treats its customers well. J.D. Power gave Amica a top score for customer satisfaction, and it has a great complaint rating from the National Association of Insurance Commissioners (NAIC).

State Farm, North Star Mutual, Erie, Chubb and USAA each stand out for their own reasons.

Best home insurance companies at a glance

CompanyAnnual rateSatisfaction rating**Complaint rating***LendingTree score
Best company overall: Amica$1,8306790.375 stars
Best large company: State Farm$2,4276431.224 stars
Best regional company: North Star Mutual$2,159Not rated0.184.5 stars
Best coverages: Erie$2,0556740.444 stars
Best for luxury homes: Chubb$2,6066880.084 stars
Best for military: USAA$2,5077370.374 stars
Best for discounts: Farmers$3,8016090.913.5 stars
Best for seniors: Allstate$2,5606311.754 stars

Sources: **J.D. Power 2024 U.S. Home Insurance Study. Average is 640; ***NAIC Complaint Index data from 2024

amica-logo

Annual rate: $1,830
LendingTree: 5 stars

At $1,830 a year, Amica’s average home insurance rate is 35% cheaper than the national average of $2,801. This makes Amica one of the cheapest home insurance companies in the U.S.

Amica is an especially good choice in Connecticut, New Hampshire and Rhode Island. Its rates are well below the average in those states. But in Massachusetts, Amica charges 35% more than the state average.

Amica has a low complaint rating of 0.33. This means customers file far fewer complaints against Amica than other companies. Its satisfaction rating is also better than most other companies.

With Amica, you can choose a regular policy or a dividend policy. A dividend policy gives you back about 5% to 20% of your premium when it ends. The policy may cost more upfront, but it can still save you money.

If you want more than standard home insurance, Amica offers the Platinum Choice package. It includes:

  • 30% more for your dwelling replacement cost Replacement cost 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.
  • Personal property coverage at replacement cost
  • Protection for water pump and sump pump overflows
  • Credit card fraud protection

Pros

 Affordable rates in many states
 Excellent customer service ratings
 Flexible coverage options
 Dividend policy that can save you money over time

Cons

 Expensive in some states
 You can only buy a policy by phone
 Few physical office locations

Read review

State Farm logo

Annual rate: $2,427
LendingTree: 4 stars

State Farm is the largest home insurance company in the U.S. It offers benefits that many smaller companies don’t, like 24/7 customer service and lots of coverage options. You can get online quotes or visit one of its many local offices. State Farm has offices in most communities across the country.

State Farm is also one of the cheapest home insurance companies. Its average annual rate is $2,427. That’s 13% lower than the national average.

You can lower your cost with State Farm if you qualify for some of its many discounts. One of the best is the home and auto bundling discount. It can save you up to $1,356 when you combine your car and home insurance.

For customer ratings, State Farm’s scores from J.D. Power and the NAIC are just average.

Pros

 Cheapest large home insurance company
 Generous bundling discount
 Wide range of discounts
 Easy-to-use website

Cons

 Customer satisfaction score is average
 Complaint rating is worse than average

Read review

northstarmutual-logo

Annual rate: $2,159
LendingTree: 4.5 stars

North Star Mutual is a solid home insurance choice in the eight states Available in Minnesota, North Dakota, South Dakota, Nebraska, Oklahoma, Iowa, Kansas and Wisconsin. it serves. Its rates are often cheaper than competitors. In Minnesota, it’s an especially good deal, costing 45% less than the state average.

North Star Mutual’s average annual rate is $2,159, which is 23% lower than the national average.

The company also offers flexible coverage options, such as:

  • Coverage for refrigerated food that spoils during a power outage
  • Liability coverage for RVs and watercraft

Another positive for North Star Mutual is its 0.83 complaint rating, which means it gets fewer complaints than the average company.

Pros

 Cheaper rates than average
 Fewer complaints than most companies
 More optional coverages than many insurers
 Add-on liability coverage for RVs and watercraft

Cons

 Only available in eight states
 Few discounts compared to bigger companies

Erie logo

Annual rate: $2,055
LendingTree: 4 stars

Erie is the 11th-largest home insurance company in the country, but it competes well with bigger insurers. Its rates are often cheaper than larger competitors. Erie’s average annual rate is $2,055, which is 27% lower than the national average. The company also holds an A+ Financial Strength Rating from AM Best, beating some of the larger insurers.

The ErieSecure package includes guaranteed replacement coverage Guaranteed replacement cost pays to repair or rebuild your home, even if it cost of doing so is greater than your coverage limit. for your home. Its Extended Water endorsement offers more protection than a standard water backup Covers repair costs when water enters your house because of a sewer or drain backup, or a sump pump overflow. add-on. It covers:

  • Flooding in a basement or other rooms
  • Sewer and drainage backups
  • Home improvements that reduce future flood risks

Pros

 Cheaper rates than larger companies
 Guaranteed replacement cost coverage for your home
 Optional protection for water damage
 Fewer complaints than most companies

Cons

 Only available in 12 states and the District of Columbia
 Few discounts compared to other insurers
 Only sells policies through independent agents Independent insurance agents work with several insurers to offer clients a wide range of policy options.

Read review

chubb-logo

Annual rate: $2,606
LendingTree: 4 stars

Chubb’s Masterpiece home insurance package includes features that many other companies charge extra for. These include:

  • Extended replacement cost coverage Chubb’s extended replacement covers rebuild costs that go over your policy’s dwelling limit. This includes costs of meeting codes enacted after it was originally built. for your home
  • Replacement cost coverage Replacement cost pays to replace stolen or damaged items with comparable new ones, without depreciation. for your belongings
  • A cash settlement option if you decide to relocate after a major disaster

The package also comes with Chubb’s HomeScan service. A consultant visits your home to look for moisture and fire hazards before they turn into costly claims.

Chubb’s ratings are excellent. J.D. Power gives it the second-highest score for customer satisfaction, just behind USAA. Its complaint rating is also outstanding, with about one-tenth as many complaints as average.

Although Chubb isn’t the cheapest insurer, it’s still affordable. Its average annual rate is $2,606, which is 7% lower than the national average.

Pros

 Great customer satisfaction rating
 Guaranteed replacement cost for your home
 Belongings covered at replacement value
 Excellent add-on coverages
 Cash settlement option
 HomeScan service can spot hazards before they cause damage
 Far fewer complaints than average

Cons

 Only available for high-value homes
 Only sells policies through independent agents

Read review

USAA

Annual rate: $2,507
LendingTree: 4 stars

USAA serves the military community with reliable home insurance at low rates. It helps active-duty members by covering uniforms and military gear. These features and more help USAA earn the highest satisfaction rating of any home insurance company.

A USAA policy covers your belongings and some building materials at replacement cost. This means your payouts won’t decrease because of age or wear and tear.

USAA also makes it easy to manage your policy online or with its app. But it only sells insurance to military members and their families.

Pros

 Rates are 10% lower than the U.S. average
 Special coverage for active-duty military
 Highest-rated company for customer satisfaction Pays personal property claims at replacement cost

Cons

 Only available to the military community
 You may talk with a different agent each time you call Few discounts compared to other insurers

Read review

Farmers logo

Annual rate: $3,801
LendingTree: 3.5 stars

Farmers offers more ways to save on home insurance than most top companies. You can get a discount from Farmers if you:

  • Bundle your home and auto insurance
  • Pay your premium in one or two installments
  • Go paperless
  • Pay your bill on time
  • Own a home with approved eco-friendly updates
  • Own a home less than 14 years old
  • Avoid filing a claim for three years in a row

Farmers also offers other ways to save. You earn a $50 credit on your deductible every year your policy stays active. If you go five years without filing a claim, your next claim won’t raise your premium.

The average cost of a Farmers home insurance policy is $3,801 a year. That’s 36% higher than the national average.

Pros

 Wide range of discounts
 Deductible credits each year your policy stays active
 Claim forgiveness after five claim-free years

Cons

 Rates are higher than the national average
 Customer satisfaction is worse than many competitors
 Discounts not available in all states

Read review

Allstate logo

Annual rate: $2,560
LendingTree: 4 stars

Allstate gives seniors a 20% discount on home insurance. And you can save 25% when you get both home and auto policies from Allstate.

Allstate also offers useful add-on coverages, such as:

  • Identity theft protection: Helps cover costs for stolen identity
  • Scheduled personal property coverage: Covers valuables like jewelry or art for their full value

The downside is that Allstate’s customer satisfaction and complaint ratings are worse than average.

Allstate’s average home insurance rate is $2,560 a year. That’s 9% cheaper than the national average.

Pros

 Average rates 9% cheaper than the national average
 Good discount for seniors
 Extra savings with its bundling discount Several useful add-on coverages

Cons

 More customer complaints than average
 Poor customer satisfaction rating

Read review

State Farm has the best insurance company ratings in 32 states and in the District of Columbia. Erie holds the top spot in eight states. Country Financial leads in four states.

Best-rated company by state

StateState annual rateBest-rated companyCompany annual rate
Alabama$3,217Country Financial$2,627
Alaska$1,475Country Financial$1,355
Arizona$2,623State Farm$1,737
Arkansas$3,722State Farm$4,336
California$1,260State Farm$1,304
Colorado$4,489Country Financial$5,268
Connecticut$2,618Amica$2,020
Delaware$1,764State Farm$1,497
District of Columbia$1,701State Farm$1,152
Florida$3,889State Farm$5,180
Georgia$2,689Country Financial$2,798
Hawaii$632State Farm$746
Idaho$2,178State Farm$2,669
Illinois$2,743Country Financial$2,378
Indiana$2,643State Farm$2,338
Iowa$2,697State Farm$2,679
Kansas$5,412State Farm$4,626
Kentucky$4,671State Farm$2,661
Louisiana$4,033State Farm$1,274
Maine$1,863State Farm$1,124
Maryland$1,810State Farm$1,448
Massachusetts$1,906Amica$2,578
Michigan$2,467State Farm$2,259
Minnesota$3,642North Star Mutual$2,001
Mississippi$4,201State Farm$3,288
Missouri$3,387State Farm$3,321
Montana$3,068State Farm$3,630
Nebraska$5,912State Farm$5,150
Nevada$1,626Country Financial$1,925
New Hampshire$1,760Amica$1,114
New Jersey$1,744State Farm$1,211
New Mexico$3,354State Farm$2,183
New York$1,897State Farm$1,809
North Carolina$3,378State Farm$1,475
North Dakota$2,911North Star Mutual$1,947
Ohio$2,207State Farm$1,871
Oklahoma$6,133State Farm$5,078
Oregon$1,885Country Financial$2,322
Pennsylvania$1,928State Farm$1,515
Rhode Island$2,240Amica$1,609
South Carolina$3,335State Farm$2,712
South Dakota$3,605North Star Mutual$2,530
Tennessee$2,857State Farm$2,473
Texas$5,180State Farm$5,674
Utah$1,507State Farm$1,248
Vermont$1,339State Farm$1,371
Virginia$2,499State Farm$1,483
Washington$1,600Country Financial$2,543
West Virginia$2,511State Farm$1,862
Wisconsin$2,159State Farm$1,813
Wyoming$2,323State Farm$2,046

Average rates are based on a policy with $400,000 of dwelling coverage and $200,000 of personal property coverage. 

Amica has the best average homeowners insurance rate of $1,830 a year. That’s 35% less than the national average cost of homeowners insurance of $2,801.

Other affordable companies include:

  • Erie at $2,055 a year
  • North Star Mutual at $2,159 a year
  • State Farm at $2,427 a year, making it the cheapest large company

best homeowners insurance companies

Home insurance rates by company

CompanyAnnual rateLendingTree score
amica logoAmica$1,8305 stars
erie insurance logoErie$2,0554 stars
North Star Mutual logoNorth Star Mutual$2,1594.5 stars
state farm logoState Farm$2,4274 stars
usaa logoUSAA*$2,5074 stars
allstate logoAllstate$2,5604 stars
chubb logoChubb$2,6064 stars
progressive logoProgressive$2,6484 stars
Country Financial logoCountry Financial$2,8274 stars
nationwide logoNationwide$3,0553.5 stars
American Family logoAmerican Family$3,0724 stars
travelers logoTravelers$3,1493.5 stars
Farmers logoFarmers$3,8013.5 stars

Average rates are based on a policy with $400,000 of dwelling coverage and $200,000 of personal property coverage. *USAA is only available to current and former service members and their families.

To find the best homeowners insurance company, you should:

  • Look at your coverage limits.
  • Calculate the value of your belongings.
  • Compare quotes from several companies.

Choose dwelling coverage and liability limits

You should have enough dwelling coverage to pay for a full rebuild of your home if needed. The cost of your policy will change based on how much dwelling coverage you choose.

Rate by coverage amount

Coverage amountAnnual rate
$350,000$2,498
$400,000$2,801
$450,000$3,111

Your liability coverage limit also affects your premium. Most home insurance companies set the default limit at $100,000. That may sound like a lot, but a long court case or a serious injury could cost much more.

If legal or medical costs go over your limit, you have to pay the rest out of your own pocket. That’s why it helps to raise your liability limit to at least $300,000 if you can afford it.

Calculate personal property

The best way to figure out what your belongings are worth is to make a home inventory. This helps you avoid being overinsured or underinsured Being underinsured leaves you short of insurance funds to get back to normal after a disaster or theft. If you’re overinsured, you’ll spend money on coverage you don’t need. . Your inventory should list each item as well as include a short description, the serial number and the cost to replace it.

Most home insurance companies set separate coverage limits on valuables like jewelry and art. They usually offer endorsements you can buy for extra protection. Make sure you know what your policy covers, and what it doesn’t, before you sign.

Compare quotes

To find the best company for your needs, compare home insurance quotes from several insurers. Pay attention to coverage differences that can affect the price. For example, a quote with water backup coverage may cost more, but it could still be the better deal.

Check customer satisfaction ratings as well. Cost and coverage matter, but so does how a company handles claims. J.D. Power and the NAIC are good places to look for this information.

Pick your best company

After you finish your research and compare quotes, choose the home insurance company that best fits your needs. Many companies let you get quotes and sign up online. You can also reach most companies by phone.

Home insurance often covers six main areas:

  • Dwelling: Covers damage to your home’s structure, like walls and roof.
  • Other structures: Protects detached buildings, such as a garage or shed.
  • Personal property: Covers belongings like clothes, furniture and electronics.
  • Liability: Helps if you’re responsible for injuries or property damage.
  • Loss of use: Pays extra living costs if you can’t stay in your home during repairs.
  • Medical payments: Covers guest medical bills, no matter who’s at fault.

Some of the most common optional coverage types for home insurance are:

  • Umbrella insurance: Provides extra liability protection beyond your standard policy limits.
  • Equipment breakdown: Covers repairs or replacement of damaged equipment. It also covers lost income and spoiled food.
  • Loss assessment: Helps pay your share of a claim under your condo or HOA’s master policy.
  • Windstorm coverage: Protects against damage from wind, hail and similar events.

Hazard insurance is part of a home insurance policy. It covers the structure of your house. Mortgage companies require it as part of the loan agreement.

You should have enough dwelling coverage to pay for a full rebuild of your home. This includes attached structures, like a garage or deck. You should also have enough personal property coverage to replace your belongings.

Homeowners insurance is a type of coverage that protects you from loss and damage to your home. It also covers your belongings and liability if accidents happen on your property.

Homeowners insurance is not required by law. But if you take out a mortgage, your lender will require it to protect its financial interest in your home. Even if you own your home outright, insurance is still a smart way to protect your investment.

Homeowners insurance usually does not cover pest damage. Insurance companies consider problems like termite damage a home maintenance issue, not accidental damage.

“HO-3” is the technical name of the most common form of homeowners insurance. Many companies also offer HO-5s, which provide more coverage than an HO-3. HO-4s are for renters. HO-6 policies cover unit owners in a condo or co-op.

Methodology

The rates shown in this article are based on nonbinding quotes collected from Quadrant Information Services. Your rates may vary. Average rates were compiled from rates in all 50 states. The following coverages and deductibles 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


For LendingTree ratings, 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 A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.