6 Best Home Insurance Companies of February 2024

Chubb, NJM and Country Financial earned the highest ratings in NerdWallet's analysis. Compare top-rated companies now.
Sarah Schlichter
By Sarah Schlichter 
Updated
Edited by Caitlin Constantine

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

Table of contents:

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. Reliable customer service is a plus, too.

To narrow down our list of the best homeowners insurance companies, we looked at customer complaint data, consumer experience and financial strength. We also assessed each insurer's coverage options and discounts.

Based on these factors, here are our top home insurance companies for 2024.

Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our coverage so you can choose the insurance policy that works best for you. These carrier ratings are specific to home insurance — a company's rating for other products may be different on our website. See our criteria for evaluating homeowners insurance companies.

The best home insurance companies of 2024

All of the home insurance companies listed below scored 5 out of 5 stars. Hundreds of insurers compete for your business, often selling very similar products, so it’s smart to compare home insurance quotes from a few before making a decision.

Company

NerdWallet rating

Why we picked it

5.0

NerdWallet rating 

Best for consumer satisfaction.

5.0

NerdWallet rating 

Best coverage.

5.0

NerdWallet rating 

Best for high-value homes.

5.0

NerdWallet rating 

Best for using an agent.

5.0

NerdWallet rating 

Best small regional insurer.

5.0

NerdWallet rating 

Best for military and veterans.

*USAA homeowners insurance is available only to active military, veterans and their families.

Note: Not all insurers are available in all states.

Hosue and clouds
Get home insurance quotes in minutes
Answer a few questions to see custom quotes and find the right policy for you.

Best homeowners insurance companies: Pros and cons

Below are the companies that earned a perfect 5-star rating under NerdWallet’s scoring system. Learn more about our top home insurance companies by reading the brief summaries below and checking out our comprehensive reviews.

Amica: Best for customer satisfaction

Best for customer satisfaction
insurance-product-card-logo

Amica

5.0

NerdWallet rating 
Well-established insurer known for great customer service.

Coverage options

About average

Discounts

Average set of discounts

NAIC complaints

Far fewer than expected
Best for customer satisfaction
insurance-product-card-logo

Amica

5.0

NerdWallet rating 
Well-established insurer known for great customer service.

Coverage options

About average

Discounts

Average set of discounts

NAIC complaints

Far fewer than expected

States served: Washington, D.C., and every state except Alaska and Hawaii.

Company overview: Amica home insurance offers the standard coverage you’d expect along with strong customer service. Amica draws far fewer complaints than expected for a company of its size, according to the National Association of Insurance Commissioners.

Those looking for extra coverage can select Amica’s Platinum Choice package, with perks like extended dwelling coverage, higher liability limits and coverage for damage due to backed-up drains or overflowing sump pumps.

Amica offers a program called Contractor Connection, which helps pair customers with licensed and insured contractors.

The company also has discounts for:

  • Staying with an insurer for at least two years.

  • Insuring a new or remodeled home.

  • Receiving bills electronically and paying automatically each month.

» Read the full review: Amica home insurance


Andover Companies: Best coverage

Best coverage
insurance-product-card-logo

The Andover Companies

5.0

NerdWallet rating 
Superior coverage sold through independent agents in select states.

Coverage options

More than average

Discounts

Average set of discounts

NAIC complaints

Far fewer than expected
Best coverage
insurance-product-card-logo

The Andover Companies

5.0

NerdWallet rating 
Superior coverage sold through independent agents in select states.

Coverage options

More than average

Discounts

Average set of discounts

NAIC complaints

Far fewer than expected

States served: Connecticut, Illinois, Maine, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island.

Company overview: Andover Companies stands out for its generous coverage. Most homeowners are eligible for guaranteed replacement coverage on the structure of their home. That means the company will pay what it takes to rebuild the house if it’s destroyed by a covered disaster, even if your coverage limit isn’t high enough.

Andover also offers replacement cost coverage on your personal belongings, which ensures you’ll get more for stolen or destroyed items than you would if you had actual cash value coverage.

Andover’s coverage comes with strong customer service, too. It draws far fewer consumer complaints than expected for a company of its size, according to the NAIC.

» Read the full review: Andover Companies home insurance


Chubb: Best for high-value homes

Best for high-value homes
insurance-product-card-logo

Chubb

5.0

NerdWallet rating 
Perks and high coverage limits for affluent homeowners.

Coverage options

More than average

Discounts

Great set of discounts

NAIC complaints

Far fewer than expected
Best for high-value homes
insurance-product-card-logo

Chubb

5.0

NerdWallet rating 
Perks and high coverage limits for affluent homeowners.

Coverage options

More than average

Discounts

Great set of discounts

NAIC complaints

Far fewer than expected

States served: All states and Washington, D.C.

Company overview: Chubb targets owners of expensive homes, tailoring much of its experience toward well-to-do clients. It offers a substantial number of coverage options, including atypical ones such as HomeScan, which helps uncover issues with your home that require attention before they can cause damage.

Chubb also offers extended replacement cost coverage for your dwelling and replacement value for your belongings as part of its standard policy — another unusual benefit for consumers. This means that if your home costs more than expected to rebuild after a covered disaster, Chubb will pay more than your selected dwelling limit to help cover the cost. It also means that you’ll receive enough of a payout to buy brand-new replacements for your damaged belongings, rather than getting only their depreciated value.

Chubb has significantly fewer complaints to state regulators than expected for a company of its size, according to three years’ worth of data from the NAIC.

» Read the full review: Chubb home insurance


Country Financial: Best for using an agent

Best for using an agent
insurance-product-card-logo

Country Financial

5.0

NerdWallet rating 
Best for those who prefer to have a personal conversation with an agent when choosing coverage.

Coverage options

About average

Discounts

Great set of discounts

NAIC complaints

Far fewer than expected
Best for using an agent
insurance-product-card-logo

Country Financial

5.0

NerdWallet rating 
Best for those who prefer to have a personal conversation with an agent when choosing coverage.

Coverage options

About average

Discounts

Great set of discounts

NAIC complaints

Far fewer than expected

States served: Alabama, Alaska, Arizona, Colorado, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nevada, North Dakota, Oklahoma, Oregon, Tennessee, Washington and Wisconsin.

Company overview: Although Country Financial may offer online quotes to some users, you’ll need to speak with a local representative to buy your policy. That allows homeowners to make sure they have exactly the coverage types and limits they need.

Depending on which type of policy you choose, Country Financial may cover household mishaps, such as countertop burns or spilled paint. In most states, Country Financial offers guaranteed replacement cost coverage that pays the cost of standard new construction materials and labor if you need to rebuild your home, with no limits.

Customers can get safety-focused discounts for features such as:

  • A new roof.

  • A safe heating source.

  • Smoke detectors and automatic sprinkler systems.

Given its size, Country Financial sees far fewer complaints to regulators than expected regarding its home insurance, according to the NAIC.

» Read the full review: Country Financial home insurance


NJM: Best small regional insurer

Best small regional insurer
insurance-product-card-logo

NJM

5.0

NerdWallet rating 
Offers strong coverage in Connecticut, Maryland, New Jersey, Ohio and Pennsylvania.

Coverage options

More than average

Discounts

Great set of discounts

NAIC complaints

Far fewer than expected
Best small regional insurer
insurance-product-card-logo

NJM

5.0

NerdWallet rating 
Offers strong coverage in Connecticut, Maryland, New Jersey, Ohio and Pennsylvania.

Coverage options

More than average

Discounts

Great set of discounts

NAIC complaints

Far fewer than expected

States served: Connecticut, Maryland, New Jersey, Ohio and Pennsylvania.

Company overview: NJM’s homeowners policies include several types of coverage that often cost extra from other insurers. For example, the company’s guaranteed replacement cost coverage will pay to rebuild your home if it’s destroyed, even if the damage exceeds your dwelling limit.

NJM has a streamlined online experience that allows you to easily manage the claims process. In addition, nonsmokers and people 65 and older may receive discounts on their premiums.

Complaints to state regulators about NJM’s homeowners insurance are far fewer than expected for a company of its size, according to the NAIC.

» Read the full review: NJM home insurance


USAA: Best for military and veterans

Best for military and veterans
insurance-product-card-logo

USAA

5.0

NerdWallet rating 
Offers perks for the military community.

Coverage options

About average

Discounts

Average set of discounts

NAIC complaints

Far fewer than expected
Best for military and veterans
insurance-product-card-logo

USAA

5.0

NerdWallet rating 
Offers perks for the military community.

Coverage options

About average

Discounts

Average set of discounts

NAIC complaints

Far fewer than expected

States served: All states and Washington, D.C.

Company overview: USAA is open only to active military members, veterans and their families. For those who qualify, USAA provides several standard features that many other insurers don't:

  • Identity theft coverage in most states to help with expenses if you are the victim of identity fraud.

  • Military uniform coverage for those on active duty or deployed, which provides full reimbursement without a deductible if a uniform is damaged or stolen during a covered event.

  • Replacement cost coverage, which pays the cost to replace items rather than providing only the depreciated value.

USAA has far fewer complaints to state regulators for home insurance than expected for a company of its size, according to the NAIC.

» Read the full review: USAA home insurance


Other home insurance companies to consider

We combed through all of our 4.5-star companies to find the ones that took top honors on various aspects of our rating system, such as coverage and consumer complaints.

Erie: Most generous coverage

Most generous coverage
insurance-product-card-logo

Erie

4.5

NerdWallet rating 
Serves homeowners in a dozen states and Washington, D.C.

Coverage options

More than average

Discounts

Average set of discounts

NAIC complaints

Fewer than expected
Most generous coverage
insurance-product-card-logo

Erie

4.5

NerdWallet rating 
Serves homeowners in a dozen states and Washington, D.C.

Coverage options

More than average

Discounts

Average set of discounts

NAIC complaints

Fewer than expected

States served: Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wisconsin and Washington, D.C.

Company overview: If you live in one of the states Erie serves, its policies are worth considering. In some locations, the company includes guaranteed replacement cost coverage in its standard policies. This means Erie will pay as much as necessary to rebuild your home if it’s destroyed, even if the amount is higher than your dwelling limit.

To further customize your policy, you can add options such as identity recovery, service line protection and water backup coverage. Discounts are available for bundling your homeowners insurance with another Erie policy or installing burglar or sprinkler systems.

Erie doesn’t offer as many online bells and whistles as some other insurers do. You’ll have to call an agent to get a quote, for instance, and you can’t file claims online. But if you prefer having a personal relationship with a local agent, the company might be a good fit.

» Read the full review: Erie home insurance


Nationwide: Best online experience

Best online experience
insurance-product-card-logo

Nationwide

4.5

NerdWallet rating 
For shoppers seeking a broad range of coverage options, Nationwide may fit the bill.

Coverage options

About average

Discounts

Great set of discounts

NAIC complaints

Close to expected
Best online experience
insurance-product-card-logo

Nationwide

4.5

NerdWallet rating 
For shoppers seeking a broad range of coverage options, Nationwide may fit the bill.

Coverage options

About average

Discounts

Great set of discounts

NAIC complaints

Close to expected

States served: Washington, D.C., and all states except Alaska, Hawaii and Louisiana.

Company overview: Nationwide earns high marks for its consumer experience. Policyholders can file and track claims online or by phone, and the company’s website has a large library of consumer-centric content.

Nationwide also stands out by offering ordinance or law insurance in its standard homeowners insurance policy. This means if you have a covered loss and need to update your home to meet current building codes, your insurance may cover the costs.

» Read the full review: Nationwide home insurance


Openly: Fewest consumer complaints

Fewest consumer complaints
insurance-product-card-logo

Openly

4.5

NerdWallet rating 
Premium coverage for high-end homes.

Coverage options

About average

Discounts

Average set of discounts

NAIC complaints

Far fewer than expected
Fewest consumer complaints
insurance-product-card-logo

Openly

4.5

NerdWallet rating 
Premium coverage for high-end homes.

Coverage options

About average

Discounts

Average set of discounts

NAIC complaints

Far fewer than expected

States served: Alabama, Arizona, Georgia, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Mississippi, Missouri, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Utah and Wisconsin.

Company overview: Of all the homeowners insurance companies we rated, Openly had the lowest number of complaints in relation to its size, according to the NAIC.

Openly sold its first policies in 2019 and aims to offer a fresh take on homeowners insurance. The company’s policies include guaranteed replacement cost in many states, which means Openly will pay whatever it takes to rebuild your home, up to $5 million. (This feature isn’t available from all insurers and typically costs extra.)

The standard Openly policy also provides “open-perils” coverage for your personal belongings, which covers more potential problems than most homeowners policies do. You can choose from several optional types of coverage for things like damage from backed-up water lines and the breakdown of major appliances.

Openly is currently available only through independent agents, with no option to get an online quote.

» Read the full review: Openly home insurance


State Farm: Best perks

Best perks
insurance-product-card-logo

State Farm

4.5

NerdWallet rating 
Well-established insurer with a lengthy list of coverage options.

Coverage options

More than average

Discounts

Average set of discounts

NAIC complaints

Fewer than expected
Best perks
insurance-product-card-logo

State Farm

4.5

NerdWallet rating 
Well-established insurer with a lengthy list of coverage options.

Coverage options

More than average

Discounts

Average set of discounts

NAIC complaints

Fewer than expected

States served: Washington, D.C., and all states except California, Massachusetts and Rhode Island.

Company overview: The nation’s largest home insurer, State Farm recently celebrated its 100th anniversary. Its homeowners policies generally include extended replacement coverage for your home’s structure — a useful perk that costs extra from some companies.

State Farm offers other freebies that can help keep your home safe. In most states, you can get a smart device called Ting that plugs into an outlet and monitors your home’s electrical system. In select states, you may also be able to get a free ADT security system, along with a discounted rate on professional monitoring.

You can do a lot on the State Farm website, including getting a quote, filing and tracking claims, paying bills and signing up for autopay. The mobile app is similarly useful.

» Read the full review: State Farm home insurance


Hosue and clouds
Get home insurance quotes in minutes
Answer a few questions to see custom quotes and find the right policy for you.

How to find the best home insurance policy in five common scenarios

You’re a first-time home buyer

We get it. The homebuying process can be a whirlwind and getting a homeowners policy may feel like one more item to check off a seemingly endless to-do list. But it’s still worth understanding the basics to make sure you’re financially protected.

For a quick primer, check out the essential terms to understand in your homeowners policy. Then, consider setting a calendar reminder to call your insurer six months after closing. By that point, you’ll be settled in and have a bit more time to double-check that you’ve got all the coverage you need.

You live in a high-risk area

Is your region prone to hurricanes, wildfires, earthquakes or other disasters? If so, you might want to spend a little extra time researching your coverage options.

For example, most homeowners policies don't cover damage from floods and earthquakes, so you may need to purchase additional insurance. If you live along the coast, you may have a separate windstorm or hurricane deductible that’s higher than your standard deductible for other disasters. A local agent can help you assess your risks and make sure you’re fully covered.

You have a dog

If your furry pal bites a visitor or attacks someone at the dog park, the liability section of your home insurance policy may be able to help with resulting legal or medical expenses. But don’t just assume you’re covered.

Some insurance companies exclude certain breeds such as pit bulls or Rottweilers, while others won’t cover animal liability claims unless you add extra coverage to your policy. Check with your insurance company or agent to make sure your canine companion is properly covered.

You own valuable items

If you have expensive belongings, such as an antique diamond ring or a high-end guitar, check whether your homeowners policy offers enough coverage for them. Many valuable items are insured for theft only up to certain sublimits, such as $1,500.

If that’s not enough, you can typically buy extra coverage for individual items or collections. You may need to have a professional appraisal of each item.

You own an older home

Say the wiring in your century-old Victorian isn’t up to modern safety standards, or the house has unique architectural features that would be expensive to rebuild. These and other factors could make it tough to find affordable insurance for an older home. You might even need to make upgrades before you’re approved for coverage.

An experienced agent can help you weigh your options. For instance, you may want to add ordinance or law coverage to your policy to pay expenses associated with bringing your house up to current building codes during repairs.

How to compare homeowners insurance

1. Decide how much coverage you need. Finding the best homeowners insurance company for you starts with making sure you’re shopping for the right coverage. A standard policy covers your house and other structures, but the amount of coverage you need depends on how much it would cost to rebuild your home.

You’ll also have several options to consider, including the amount of your homeowners insurance deductible (the amount you pay out of pocket in the event of a claim) and whether you need extra insurance for valuable items. You might also want policy upgrades to cover earthquake damage or to ensure you can replace old belongings with new ones after a loss, rather than being paid for their depreciated value. Check out How Much Home Insurance Do You Need? to learn more.

By figuring out what you need before you compare home insurance companies, you can be sure each policy you’re considering provides the same level of coverage. You can also eliminate companies that don’t offer the options you want.

2. Compare home insurance quotes. After you outline your coverage needs, you can start shopping for homeowners insurance. You’ll want to compare home insurance quotes from at least three companies to be sure you’re getting the cheapest policy you can.

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.

You can shop for quotes online or by phone, or you can work with an insurance agent or broker to find the cheapest home insurance for you. Whichever route you choose, make sure to compare policies with similar coverage and deductibles.

Also, be aware that a homeowners insurance quote is only an estimate. Your price may change if an insurance company inspects your house and determines you need a different amount of coverage.

3. Research home insurance discounts. Most companies offer savings for things like:

  • Having multiple policies with the same insurer.

  • Installing safety, security or smart-home devices.

  • Avoiding claims for consecutive years.

Beyond those, you may see differences in both the number and type of discounts available. Matching the discounts your home is eligible to receive will ensure that you get the policy you want and that you benefit from investments you've made in your home.

4. Check customer satisfaction and complaints. If you choose a home insurance company that’s known for making its customers happy, you can feel more confident that you'll have a good experience.

To see whether previous customers have been satisfied, you can look at studies on homeowners insurance and property claims satisfaction from J.D. Power, which surveys thousands of homeowners annually.

The NAIC website is another source of information about how insurance companies have performed. You can find out how many complaints were filed against an insurer with state regulators, the reasons for the complaints, and whether there were more complaints than expected for a company of its size.

5. Consider financial strength. You’ll want to buy homeowners insurance from a stable company with enough money to pay claims. Financial strength is one way to evaluate whether an insurer meets that standard. You can check financial strength through a rating firm such as AM Best.

NerdWallet typically recommends considering insurers with ratings of A- or higher. Any company with an AM Best rating of B+ or higher has a “good” ability to meet its obligations in AM Best’s opinion. Companies with ratings below that may not be quite as safe a bet and often have higher rates of complaints relative to their size.

Hosue and clouds
Get home insurance quotes in minutes
Answer a few questions to see custom quotes and find the right policy for you.

Find the best homeowners insurance in your state

How we ranked the best homeowners insurance companies

NerdWallet’s editorial team considered coverage options, discounts, complaint data from the National Association of Insurance Commissioners, financial strength grades from AM Best and more to determine the best homeowners insurance companies.

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. To calculate each insurer’s rating, we adjusted the scores to a curved 5-point scale.

These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you.

Frequently asked questions

A homeowners policy is insurance that protects you financially if a fire damages your home, someone steals your belongings or another catastrophe strikes. Mortgage lenders generally require you to buy homeowners insurance as a condition of your loan.

Homeowners insurance typically covers your house and everything in it from damage due to fire, wind, heavy snow and other disasters known as “perils.” The loss of use section of your policy reimburses you for hotel stays or other expenses if you need to move out of your home during covered repairs. And your policy’s personal liability insurance will pay if you injure someone else or damage their property.

To learn more, see our story on homeowners insurance coverage.

Standard homeowners policies don’t cover damage due to flooding, earthquakes, landslides or infestations. Nor will they cover everyday wear and tear or problems caused by neglect.

You may be able to buy extra insurance to cover some of these problems. For example, flood insurance is available through the National Flood Insurance Program and private providers.

The average cost of homeowners insurance in the U.S. is $1,820 per year, according to NerdWallet’s rate analysis. However, this cost varies based on where you live, the size of your house and how much coverage you need.

Methodology

Homeowners insurance star ratings methodology

NerdWallet’s homeowners insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints, coverage, discounts and online experience. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our full ratings methodology for home insurance.

Insurer complaints methodology

NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2020-2022. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance.

Homeowners insurance rates methodology

NerdWallet averaged rates for 40-year-old homeowners from various insurance companies in every ZIP code across the U.S. All rates are rounded to the nearest $5.

Sample homeowners were nonsmokers with good credit living in a single-family, two-story home built in 1984. They had a $1,000 deductible and the following coverage limits:

  • $300,000 in dwelling coverage.

  • $30,000 in other structures coverage.

  • $150,000 in personal property coverage.

  • $60,000 in loss of use coverage.

  • $300,000 in liability coverage.

  • $1,000 in medical payments coverage.

We made minor changes to the sample policy in cases where rates for the above coverage limits or deductibles weren’t available.

These are sample rates generated through Quadrant Information Services. Your own rates will be different.

Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.