The Best Home Insurance in New Jersey for 2025

Chubb and NJM are among the best home insurance companies in New Jersey, according to NerdWallet's analysis.

To help you find the best home insurance in New Jersey, we gathered and analyzed data from insurance companies around the state. These are the insurers that earned 4.7 stars or more.

Rates are based on a sample homeowner with good credit, $300,000 of dwelling coverage, $300,000 of liability coverage and a $1,000 deductible.

» MORE: The best homeowners insurance

Note: Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.

Chubb caters to affluent homeowners, offering coverage other insurers often charge extra for. For example, the company’s policies include extended replacement cost coverage for the structure of your home. This is useful in case it costs more than your dwelling limit to rebuild after a disaster. Chubb’s standard policies also cover water damage from backed-up sewers and drains.

Chubb policyholders with secondary or seasonal homes in New Jersey are eligible for the company’s Property Manager service at no charge. With this service, a Chubb representative will check your home after a hurricane and report its condition to you. They can also help prevent further damage and submit a claim on your behalf.

» READ MORE: Chubb homeowners insurance review

NJM offers standard coverage that many other companies charge extra for. For example, NJM will pay the full cost to rebuild your home even if it’s more than your dwelling limit. (Not all companies offer this, and even fewer include it with standard policies.) It will also pay enough for you to buy brand-new replacements for your belongings if they’re stolen or destroyed.

On top of its robust coverage options, NJM stands out for customer service. It draws a very low rate of consumer complaints, according to the National Association of Insurance Commissioners. This suggests NJM’s customers are happy with the service they receive.

» READ MORE: NJM homeowners insurance review

The Andover Companies’ home insurance generally comes with more coverage than a standard home insurance policy provides. In particular, Andover stands out for providing guaranteed replacement cost coverage for most homes. This means Andover will pay to rebuild your home after a covered claim, no matter what it costs.

Most Andover policies also include replacement cost coverage for your personal belongings, which means you’ll get enough to buy brand-new stuff after a covered claim. You can add coverage for valuables like jewelry or firearms, or to replace refrigerated food you have to throw out after a covered power outage.

» READ MORE: Andover Companies homeowners insurance review

Amica stands out for its broad range of coverage options. For example, you can customize your policy with extra coverage above your dwelling limit. This could be useful in case your house costs more to rebuild than expected. You may also want to add coverage for identity theft or damage from backed-up drains.

The company shines when it comes to customer service. It draws a very low rate of complaints compared to other insurers, according to the NAIC. Amica also earned high marks in two recent J.D. Power surveys about home insurance and customer satisfaction.

» READ MORE: Amica homeowners insurance review

If you want to support companies that value sustainability, consider Cincinnati Insurance. In recent years, the insurer has reduced fossil fuel emissions from both its facilities and company vehicles. When you buy Cincinnati home insurance, you may be able to add a “green upgrade” endorsement. With this coverage, you can use eco-friendly materials to repair or rebuild your home after a claim.

The company offers a variety of other options, including comprehensive coverage for high-value homes. You may be able to add coverage for things like identity theft, personal cyber attacks or certain types of water damage.

» READ MORE: Cincinnati Insurance homeowners insurance review

As America’s largest home insurer, State Farm stands out for its long list of coverage options. Its policies generally include extra dwelling coverage in case it costs more than expected to rebuild your home.

You may be able to add coverage for things like identity theft and water damage from backed-up drains. Another option may be to add an inflation guard rider to your policy. This automatically increases your policy limits to keep up with rising costs.

State Farm offers a free Ting smart plug to home insurance policyholders as a perk. This device monitors your home’s electrical network to help prevent fires.

» READ MORE: State Farm homeowners insurance review

USAA sells homeowners insurance to active military members, veterans and their families. If that’s you, you may want to consider USAA.

The company offers some perks that are specific to members of the military, like deductible-free coverage for military uniforms and equipment. USAA will also waive your deductible if your personal property is damaged or lost due to war.

USAA homeowners insurance has certain features that many insurers charge extra for. For example, USAA covers your personal belongings on a replacement cost basis. That means you’ll get enough money to buy brand-new replacements for damaged items. Many companies pay only what your items are worth at the time of the claim.

» READ MORE: USAA homeowners insurance review

The average annual cost of home insurance in New Jersey is $1,290. That’s 39% less than the national average of $2,110.

In most U.S. states, including New Jersey, many insurers use your credit-based insurance score to help set rates. Your insurance score is similar but not identical to your traditional credit score. 

In New Jersey, those with poor credit pay an average of $2,530 per year for homeowners insurance, according to NerdWallet’s rate analysis. That’s 96% more than those with good credit.

» MORE: Does your credit score affect home insurance rates?

The cost of your policy depends on where you live in New Jersey. For example, the average cost of homeowners insurance in Newark is $1,425 per year, on average, while homeowners in Edison pay just $925 per year, on average.

» MORE: What’s the average cost of homeowners insurance?

Here are the insurers we found with average annual rates below the New Jersey average of $1,290.

» MORE: The cheapest homeowners insurance

Here are a few things to keep in mind when shopping for home insurance in New Jersey.

Hurricanes and tropical storms

To protect your finances from hurricanes and tropical storms, you’ll need insurance for both wind and flood damage. While most home insurance policies cover wind damage, they usually don’t cover flooding. If you live near the coast or in another area prone to flooding, you may want to buy separate flood insurance. (Depending on where you live, your mortgage lender may even require it.)

To check your flood risk, start by looking up your address on the Federal Emergency Management Agency's flood maps. However, FEMA’s maps don’t always capture all types of flood risk. You may want to check another source, like First Street, a private company that models climate hazards. Enter your address at the top of the page to see your home’s flood risk rating on a scale of 1 to 10.

» MORE: Do I need flood insurance?

Your homeowners policy may have a separate hurricane or windstorm deductible that’s higher than your general deductible for other types of claims.

A windstorm or hurricane deductible is typically a percentage of your home’s dwelling coverage rather than a flat dollar amount. So if your home is insured for $300,000 with a 5% deductible, you’ll have to pay for the first $15,000 of damage from a storm. To find your deductibles, check your homeowners declarations page or call your agent.

» MORE: Complete guide to hurricane insurance

Winter storms

Winter weather can cause a variety of problems for your home, including bursting pipes and fallen trees. A standard homeowners policy often covers damage due to snow or ice, though it depends on the circumstances.

For example, if heavy snow knocks a tree onto your roof, that damage would likely be covered. But if the tree simply falls in your yard, your policy may not pay to remove it. Your policy may exempt damage from negligence, such as a pipe that froze and burst after you left the thermostat set too low while you were away.

Tornadoes

A standard homeowners policy covers damage caused by windstorms, which include tornadoes. However, it may not cover damage to your trees or landscaping. Learn more about homeowners insurance and tornadoes.

Leaking oil tanks

If your property has an underground storage tank for heating oil, check your homeowners policy to see what coverage you have. Oil tanks may leak, requiring expensive cleanup and putting you at risk of a lawsuit if the damage spreads beyond your property line.

Some New Jersey homeowners insurance companies will charge you extra if you have an underground storage tank. They may also refuse to pay for damage on your property if the tank leaks. You may be able to get a certain amount of liability coverage for the tank. That means if someone sues you because a leak damages to their property, the company would help cover the costs.

New Jersey’s Department of Banking and Insurance can help policyholders who have questions or complaints about their homeowners insurance. You can get information online or call the agency’s consumer hotline at 800-446-7467.

By law, you must receive a one-page coverage summary when you buy or renew your New Jersey homeowners insurance policy. This document explains what your policy does and doesn’t cover.

How we rate homeowners insurance

NerdWallet’s star ratings reward companies for consumer-first features and practices. We evaluate factors such as consumer experience, coverage, discounts and financial strength.

In our research, we analyzed:

View our complete homeowners insurance rating methodology.