Table of Content
- Advertising & Marketing
- Important Disclaimers about the Homeowners Coverage Comparison Tool
- Hippo: Best for digital-first insurance
- How to estimate your home insurance coverage
- What Information Do I Need to Get Homeowners Insurance Quotes?
- What Is a Home Insurance Quote?
- Homeowners Coverage Comparison Tool
This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Choose the company with the best combination of price, coverage, and reputation. Make sure you know how much coverage you need and choose a deductible.

Erie draws fewer complaints than expected for a company of its size and offers guaranteed replacement cost standard with some policies. Your home is one of your largest and most meaningful investments, so choosing the best homeowners insurance available to you makes sense. Naturally, you’ll want a good price — but you also want the right mix of coverage from a company that can afford to pay your claim if disaster strikes. Home insurance premiums vary based on location, claims history, risk and even your credit history.
Advertising & Marketing
Additional coverages or amendments may be available from the insurer. If that’s not enough, you can typically buy extra coverage for individual items or collections. USAA has far fewer complaints to state regulators for home insurance than expected for a company of its size, according to the NAIC. The scoring formulas take into account multiple data points for each financial product and service. NJM has a streamlined online experience that allows you to easily manage the claims process. In addition, nonsmokers and people age 65 and up receive discounts on their premiums.

Discounts are available for bundling your homeowners insurance with another Erie policy or installing burglar or sprinkler systems. The company draws far fewer customer complaints than expected for a company of its size and offers an array of coverage options. If you are budgeting for renters or condo insurance coverage, we also have an insurance cost estimator for renters insurance and condo insurance. A standard home insurance policy excludes several types of problems. Dog lovers will want to consider insurers that don’t exclude certain breeds from coverage. Examples of dog breeds banned by home insurance companies typically include Akitas, Chow Chows, Doberman Pinschers, pit bulls, Presa Canarios, Rottweilers, wolf dogs and wolf hybrids.
Important Disclaimers about the Homeowners Coverage Comparison Tool
The comparison tool is designed to help you shop for insurance and is for informational purposes only. The results generated are only a summary of the coverages, and are not a substitute for the actual policy language. Companies can also add endorsements to your policy that alter the coverage.

The national average cost of homeowners insurance is $1,854 per year, according to a Forbes Advisor analysis. This is for a home insurance policy with $300,000 of dwelling coverage and $100,000 of liability coverage. To determine how much home insurance you need, look at each coverage type and adjust the amounts as necessary.
Hippo: Best for digital-first insurance
Homeowners insurance costs an average of about $149 a month, according to a NerdWallet analysis. But rates can vary dramatically because no two houses are the same and each insurer uses its own formula to calculate premiums and discounts. If you have expensive belongings such as an antique diamond ring or a high-end guitar, check whether it’s fully covered by your homeowners policy. Many valuable items are insured for theft only up to certain sublimits, such as $1,500. To further customize your policy, you can add options such as identity recovery, service line protection and water backup coverage.

It’s easy to compare rates with our home insurance calculator. Just enter your ZIP code and a few coverage basic to see homeowners insurance quotes for your home. Renters insurance policy, which covers your belongings and also includes essential coverage types such as liability, medical payments to others and additional living expenses.
Also, be aware that a homeowners insurance quote is only an estimate. Your price may change if an insurance company checks out your house and determines you need a different amount of coverage. Our rating system rewards companies with many coverage options and discounts, a low number of consumer complaints and a strong financial rating. Within the consumer experience category, we looked at features such as online quotes and claim reporting.
Here are the top-rated home insurance companies by Forbes Advisor. Here’s the types of home insurance designed to match your living situation. Additional Coverages – this section identifies specific coverages that are important to have or to have added to the basic policy.
Replacement cost coverage, which pays the cost to replace items rather than providing only the depreciated value. Amica doesn’t offer as much detailed homeowners insurance information on its website as some other companies do. Amica has a large number of add-on coverage options, plus efficient online claims filing and tracking.

As a former claims handler and fraud investigator, he’s seen a lot, and enjoys helping others navigate the complexities and opaqueness of insurance. In Criminal Justice from Kutztown University and an M.F.A. in Creative Writing from the University of California Riverside, Palm Desert. It is recommended that you read your policy closely so you understand what is excluded from coverage. This tool provides a summary of coverages and is for informational purposes only. Article Direct Line Group’s managing director of marketing and digital sees the future of insurance playing ... Interactive projections with 10k+ metrics on market trends, & consumer behavior.
Research each company you’re considering to check its reputation for financial stability, customer service, and claims satisfaction. Note any added perks that are included at no extra charge from each insurance company. No, a standard home insurance (HO-3) policy does not cover condominiums or rental units. Progressive has the cheapest homeowners insurance at an average of $1,236 per year, among the companies we analyzed.

Pays for living expenses elsewhere during repairs from a covered claim, and is usually 20% of the dwelling coverage. Personal property coverage is typically 50% to 70% of your dwelling coverage limits. However, if you have valuable items, such as fine art, musical instruments, or expensive jewelry, you may need an endorsement to cover them in full.
What Is a Home Insurance Quote?
Speak with an independent agent who can gather quotes from multiple companies. A “captive” agent works for one insurance company and can give you a quote only from that insurer. You can visit several insurance company websites to gather quotes. Or you can save time by using a quote comparison website that provides quotes from multiple companies. Average cost of homeowners insurance in the U.S. is $1,784 per year, according to NerdWallet’s rate analysis.