mở thẻ thanh toán tnex

The Best Home Insurance Companies for 2022

Nội Dung Bài Viết

The Best Home Insurance Companies for 2022

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 the best 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. Here’s how to take all those factors into account as you choose the best insurance company for your home.

The best home insurance companies

  • Chubb
  • Nationwide
  • NJM
  • Amica
  • Country Financial
  • Erie
  • The Hanover
  • Hippo
  • Kin
  • Travelers
  • USAA*
*USAA homeowners insurance is available only to active military, veterans and their families.
Note: Not all insurers are available in all states.

These ratings, compiled from data from several major property insurers, are just a starting point. They are based on consumer claims data from the National Association of Insurance Commissioners, or NAIC; financial strength scores from AM Best; insurance and discounts available; and overall consumer experience. However, they do not consider the price, which can be very different. Smaller, regional insurers are also worth considering in many areas.

Why you can trust Vanquangblog: I follow strict editorial guidelines to ensure fairness and accuracy in our coverage to help you choose the financial products that work best for you .

Best homeowners insurance companies: Pros and cons


Best for: Affluent homeowners who want high coverage limits and lots of perks.

Policies available in: All 50 states and Washington, D.C.

How to get a quote: Through independent insurance agents.

Pros: Chubb includes several features in its homeowners policies that other companies charge extra for. It offers a large number of discounts too.

Cons: Chubb tends to be more expensive than other insurers and doesn’t offer online quotes for most consumers.

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 out 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


Best for: Homeowners seeking lots of discount options and coverage other companies charge extra for.

Policies available in: Washington D.C., and every state except Alaska, Hawaii, Louisiana and Massachusetts.

How to get a quote: Online (except in Florida) or through an agent.

Pros: Nationwide has a user-friendly website and offers plenty of discounts.

Cons: Nationwide doesn’t insure mobile or manufactured homes.

Company overview: Nationwide 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.

Nationwide also 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.

» Read the full review: Nationwide home insurance


Best for: Homeowners seeking generous coverage included standard.

Policies available in: Connecticut, Maryland, New Jersey, Ohio and Pennsylvania.

How to get a quote: Online or by phone.

Pros: NJM’s policies offer perks that would cost extra from other companies, plus plenty of ways to customize your coverage.

Cons: NJM sells policies in only five states.

Company overview: NJM Insurance serves only five states, but if you live in one of them, you’ll find generous homeowners policies that include several types of coverage that 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 age 65 and up 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


Best for: Those seeking good customer service and lots of coverage options.

Policies available in: Washington, D.C., and every state but Alaska and Hawaii.

How to get a quote: Online or by phone.

Pros: Amica has a large number of add-on coverage options, plus efficient online claims filing and tracking.

Cons: Amica doesn’t offer as much detailed homeowners insurance information on its website as some other companies do.

Company overview: Amica home insurance offers the standard coverage you’d expect along with strong customer service. Those looking for extra coverage can select the 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

Country Financial

Best for: Those who prefer to have a personal conversation when choosing coverage.

Policies available in: Alabama, Alaska, Arizona, Colorado, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nevada, North Dakota, Oklahoma, Oregon, Tennessee, Washington, Wisconsin.

How to get a quote: By phone.

Pros: The company draws far fewer customer complaints than expected for a company of its size and offers an array of coverage options.

Cons: There’s no way to get a quote online, and policies aren’t available in all states.

Company overview: 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:

  • Newer electrical wiring.
  • 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


Best for: Homeowners in the Mid-Atlantic or Midwest who want to work with an agent.

Policies available in: Washington, D.C., plus Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and Wisconsin.

How to get a quote: Through an agent.

Pros: Erie draws fewer complaints than expected for a company of its size and offers guaranteed replacement cost standard with some policies.

Cons: You can’t file claims online, and the company’s geographical reach is limited.

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 insurance

The Hanover

Best for: Those looking for many ways to customize their policy.

Policies available in: Arkansas, Connecticut, Georgia, Illinois, Indiana, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Vermont, Virginia and Wisconsin.

How to get a quote: Through an agent.

Pros: The Hanover has an extensive list of ways to customize your coverage and receives far fewer consumer complaints than expected for a company of its size.

Cons: Manufactured homes and certain dog breeds aren’t covered. There’s no online quote option.

Company overview: The Hanover offers a variety of ways to customize your homeowners policy, including coverage for damage due to water backup or for expenses associated with bringing your home up to current building codes after a disaster. You can also opt for guaranteed replacement cost coverage so you know you’ll have enough money to rebuild, even if costs are higher than expected.

If you buy the company’s Prestige policy, designed for higher-value homes, you won’t have to pay a deductible on claims higher than $50,000.

» Read the full review: The Hanover home insurance


Best for: Homeowners looking for fast online quotes and digital-first service.

Policies available in: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin and West Virginia.

How to get a quote: Online or by phone.

Pros: Hippo offers fast quotes plus a wide range of extra coverage options.

Cons: Its policies aren’t available in all states, and its tech focus doesn’t appeal to everyone.

Company overview: Founded in 2015, Hippo emphasizes technology and user experience, with a 60-second “instant quote” feature for easy price comparison. Hippo’s focus is evident in some of the extras that come with its policies, such as a smart home monitoring system and virtual connections to home maintenance advisors.

Several of Hippo’s discounts focus on home safety. Features such as burglar alarms and living in a gated community will save consumers on their premiums.

» Read the full review: Hippo home insurance


Best for: Homeowners in high-risk states.

Policies available in: Florida and Louisiana.

How to get a quote: Online or by phone.

Pros: Quotes are easy to get online, and policies include coverage that costs extra from some other companies. If you use one of Kin’s recommended contractors after a claim, you can get a discount on your deductible.

Cons: Its availability is limited to two states, and there’s no bundling discount. Pet liability, usually included in a standard homeowners policy, costs extra from Kin.

Company overview: Another newer company on the home insurance scene, Kin was founded in 2016. Its standard home insurance covers personal belongings on a replacement cost basis, which means the company will pay out enough for you to buy new items if yours are stolen or damaged in a covered disaster.

Depending on where you live, you may be able to add additional coverage for identity theft expenses, water backup damage and pricey valuables such as jewelry. You can save money on your policy by installing security and fire alarms and taking steps to protect your home from wind.

» Read the full review: Kin home insurance


Best for: Homeowners looking for a company with a user-friendly website and plenty of coverage options.

Policies available in: Washington, D.C., and every state except Alaska, Florida, Hawaii, Louisiana and West Virginia.

How to get a quote: Online, by phone or through an agent.

Pros: The website and app offer useful features, and there are lots of options for coverage.

Cons: Mobile and manufactured homes can’t get coverage.

Company overview: Travelers’ optional Green Home Coverage helps cover extra costs of using environmentally friendly construction materials when rebuilding after a covered claim. Carrying that theme further, Travelers offers customers a discount if their homes are certified as “green” by the Leadership in Energy and Environmental Design, or LEED, organization.

Travelers’ website allows for easy submission and tracking of claims, and it provides educational materials on basic homeowners insurance questions.

» Read the full review: Travelers home insurance


Best for: Current and former members of the military.

Policies available in: All 50 states and Washington, D.C.

How to get a quote: Online or by phone.

Pros: Policies include perks for members of the military and cost less than the national average, according to NerdWallet’s analysis.

Cons: Only military, veterans and their families are eligible.

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

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 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.

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 $132 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 checks out your house and determines you need a different amount of coverage.

3. Research home insurance discounts. Most companies offer a standard set of home insurance discounts, such as savings for having multiple policies with the same insurer (for example, both home and auto insurance), installing safety and security devices in your home and avoiding claims for consecutive years.

Beyond those, you will see differences in both the number and type of discounts available. Matching the discounts your home is eligible to receive will ensure that you not only get the policy you want but also benefit from investments you have 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 will 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.

Frequently asked questions

What is homeowners insurance?

A homeowners policy is insurance that protects you financially if a fire damages your home, someone steals your belongings or another catastrophe strikes. Homeowners insurance is generally required by mortgage lenders.

What does homeowners insurance cover?

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 liability coverage will pay if you injure someone else or damage their property.

What does homeowners insurance not cover?

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.

» MORE: 6 key terms to understand in your homeowners policy

How much does homeowners insurance cost?

The average cost of homeowners insurance in the U.S. is $1,585 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.

Homeowners insurance 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, coverages, discounts, online experience and more. Our “ease of use” category looks at factors such as website transparency and how easy it is to file a claim. 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 editorial guidelines.

Insurer complaints methodology

NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2018-2020. 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. Ratios are determined separately for auto, home (including renters and condo) and life insurance.

5/5 - (2 bình chọn)

Châu Văn Quang

Xin chào các anh chị và các bạn. Tại website này các anh chị có thể tìm thấy tất cả những thông tin liên quan về Các gói Tài Chính và những nội dung miễn phí mà tôi đang chia sẻ.
Theo dõi
Thông báo của
0 Góp ý
Phản hồi nội tuyến
Xem tất cả bình luận
Rất thích suy nghĩ của bạn, hãy bình luận.x