Best Homeowners Insurance Companies (2024)

Whether you’re a first-time homeowner or looking to switch your home insurance company, it can be overwhelming to sift through the hundreds of options on the market while searching for what is the best house insurance company. A house is a precious asset, and it can be tough to discern which company has the best home insurance for you.

For most people, the best home insurance will come from a provider that offers great coverage at a low cost. Let’s look at how you can find the right homeowners insurance, homeowners insurance rankings by company, and what to expect from big home insurance companies. 

Finding the best homeowners insurance companies will largely depend on where you live. While some of the top homeowner insurance companies have a broad national footprint, others companies may only serve specific states or regions.  Home insurance company ratings can be a helpful tool when searching for your best policy.

It is always a good idea to assess all your options, as your state may have a local home insurance provider that suits your needs much better than any of the larger providers highlighted in this article. Similarly, if you want the best savings, the best home insurance company for you may differ from someone focused on getting great coverage, regardless of cost.

When sifting through the many home insurance companies that offer coverage, you will also want to remember what’s right for you. New homeowners may be best suited to one home insurance provider, while experienced homeowners might find a different top rated home insurance company is best for them.

Good house insurance companies will typically have a prominent footprint in your area, offer several discounts, and provide various coverage options for low prices with a low deductible. Sounds too good to be true, right? Well, it isn’t. With some research on your end, you should be able to determine which home insurance is better for you.

One of the best ways to rank homeowners insurance companies is to get and compare quotes. Comparing quotes online will allow you to see all the policies you qualify for and sort them by your preferred insurer or premium. 

If you need more information about the top home insurance companies, we’ve compiled a list here of some of the most favored insurers in the nation. 

If you’re wondering how your quoted home insurance companies rated with their policyholders, we’ve compiled some helpful data for you. While the insurance marketplace is vast and often overwhelmed with options, we found the most important information you’ll need to make your research easier.

After some meticulous research here on our end, here’s Clovered’s top ten list of house insurance companies in the U.S.:

State Farm offers exceptional national coverage, extending throughout all 50 states. Unlike many broad, national home insurance providers, they provide policies for homes in high-risk areas, like those susceptible to wildfires and hurricanes, not to mention the high State Farm home insurance rating from policyholders. 

State Farm offers excellent coverage options, making them a great choice for new homeowners and seasoned veterans alike. State Farm is Clovered’s top-rated homeowners insurance company.

Allstate ranks high on our list of homeowners insurance companies for its prominent national standing, customizable policies, and various discounts available for homeowners. Policyholders with Allstate consistently rate their customer service higher than average and consider it one of the top-rated homeowners insurance companies.

Nationwide is one of the top home insurance providers. It has higher-than-average customer service ratings and is especially notable for offering low rates on high-value homes. Nationwide also offers a wide selection of discounts and add-on coverages and is available in nearly every state.

Travelers is the oldest insurance company, founded in 1853, and has learned a thing or two about providing excellent insurance throughout the years. Travelers may be the best home insurer for those who desire customizable plans, several discounts, and many unique add-on options like endorsements or riders.

Universal Property and Casualty Insurance (or UPCIC) is a fan favorite here at Clovered. Universal homeowners insurance has a reputation for its quick customer service and claims process, offering several discounts for homeowners insurance policies. Not to mention, Universal Property and Casualty Insurance Company reviews lean heavily toward the positive.

Amica Mutual is most often regarded as one of the best property insurance companies in the country. Their policyholders are consistently the most satisfied policyholders in America, leaving Amica with one of the highest JD Powers ratings, at 854/1000.

Geico is one of the nation’s top-rated homeowners and auto insurance companies. It uses third-party insurers to write its home insurance policies, which allows it to offer policies in all 50 states. So, if you’re hunting for coverage in several areas of your life, this may just be the insurer for you.

Erie is one of the highest-rated homeowners insurance companies, consistently receiving above-average customer satisfaction reports and offering the lowest prices for great coverage. They rank low on our list because they are only available in a handful of states – mainly in the Midwest and mid-Atlantic regions of the U.S.

Liberty Mutual is one of the nation’s oldest top-rated home insurance companies, having been operating for over 100 years. However, they have made changes since their early days, notably their easy-to-use website and app. 

Liberty Mutual is an excellent pick for a homeowner who wants options, as they have an extensive list of options, from coverage types to discounts. So, if you’re having trouble deciding between Liberty Mutual vs. State Farm, you may find that Liberty Mutual’s discounts or available endorsements better suit your needs. 

Our last pick, but certainly not least, is USAA. USAA, which is the best home insurance provider for veterans or military families, consistently outranks many of its competitors with its low rates, variety of discounts, and excellent home insurance rating. However, USAA is only available to military veterans and their families. Thus we put them at the bottom of our list for being a members-only option.

So, if you’re stuck between USAA vs. State Farm home insurance, this being a members-only option may help you narrow your choice if you aren’t affiliated with the military. If you are affiliated with the military, you have a tough choice ahead because both insurers are excellent options.

From policyholders’ homeowners insurance reviews, to discount offerings, to a range of additional coverage options, the insurers mentioned in this list are all excellent choices for your homeowners insurance. However, only one insurer can be the best choice for you. 

So, whether the Universal Property and Casualty rating got your attention or USAA homeowners insurance reviews swayed you, now you have the information you need to choose the best policy for your needs. 

The best homeowners insurance company changes from person to person and depends on your specific needs. State Farm and USAA have the best house insurance deals and the lowest base-level policies, but that doesn’t mean these will be the best homeowners insurance companies for you. 

If you live in a large home with detached structures, a pool, or own dogs, the best home insurance for you may be an extensive policy with several policy add-ons. If you live alone in a small home with no detached structures, the best policy for you will be a base-level policy without many add-ons.

When searching for the best company for home insurance, you may also want to consider the type of damage that occurs due to weather in your area, and which insurer is most popular in your region. Different regions in the U.S. face unique weather circumstances that may cause damage to your home that may be covered with an add-on to your policy. 

For example, Universal Property homeowners insurance is big in Florida, so Floridians may find their best policy with this insurer. However, keep in mind that areas prone to severe weather may see above-average premiums to make up for the risk of weather-related damage to your home. Since Florida has seen 93 climate events exceeding $1 billion in damages in the past 45 years, premiums are higher in the state.

Before you select a policy from one of the good homeowners insurance companies, you’ll first need to narrow down the best home insurance policy for your needs. In many cases, the best-rated home insurance is a policy with coverage limits above the minimum amount, additional coverages as needed, and discounts applied to keep premiums low. 

Homeowners insurance companies consider many things about you and your home when determining your premiums and what type of coverage they recommend. Typically, the kind of coverage you select, the age and condition of your home, your deductible, and your home location are some of the several factors used in determining the rates you pay for homeowners insurance and which home insurance is recommended for your needs. 

If the best policy for your needs has low premiums, you can get the best housing insurance by applying discounts to your premiums. Many places offer multi-policy discounts, like Geico, State Farm, and Liberty Mutual, when you take out an auto insurance policy with the same provider. You may also find some providers offering discounts for security systems, updated HVAC systems, or a claim-free record. 

If you are new to the insurance world or are switching your policy for the first time, it may be wise to read some homeowners insurance reviews. You can gauge a lot about a provider from house insurance ratings left by policyholders and independent rating agencies.

For example, J.D. Power, a customer insights data collector, assigns the best home insurance ratings yearly. J.D. Power bases its ratings on customer satisfaction, cost, the claims process, and several other factors. It is a great, unbiased resource to help guide your search for the best homeowners insurance company for you.

Another example of an independent rating agency is AM Best. AM Best works similarly to J.D. Powers insurance ratings, but it’s always in your best interest to consult several sources while researching. 

It is important to remember that these independent rating agencies determine home insurance companies ratings based on subjective opinions, not facts. Ultimately, only you know what homeowners insurance policy is best for you and your home.

To get the best home insurance for your needs, you will want to shop around online to get quotes and compare home insurance providers. Getting quotes is the best way to assess what provider has the best policy for you and may also help you figure out the discounts for which you may be eligible. 

You can get the best home insurance quotes here at Clovered by entering your home’s information into our proprietary online quoting tool. If you prefer, you can also contact one of our agents directly by calling 833-255-4117 or emailing [email protected].