Amica is the top homeowners insurance provider, based on our evaluation of over ten policies and fifteen providers. We assess standard cost, dwelling and structure coverage, identity theft protection, valuable possessions coverage, and available discounts as important considerations when choosing a home insurance provider in our review.
A number of homeowners insurance companies have ceased operations in Texas, Florida, and California due to increasing costs. View our state-based rankings to choose the best company for you:
Detailed List of the Best Homeowners Insurance Companies
Amica
Top Homeowners Insurance Provider
PROS:
- There are two available homeowner’s policies.
- Available dividend-paying policies
CONS:
- Not accessible in Hawaii or Alaska
- State-specific availability of dividend policies varies
Review: The Standard Choice plan and the Platinum Home Choice plan are the two homeowner’s insurance options that Amica provides. All of the coverage found in the Standard Choice policy is also included in the Platinum policy; additional coverage, such as water backup, replacement cost coverage for personal belongings, and expanded coverage for computers and business property, is optional with the standard policy.
Additionally, dividend payments are an option for both of these policies. A dividend-paying policy might reimburse you for a portion of your yearly premiums. The drawbacks are that dividend-paying policies are typically more expensive than non-paying ones, payments aren’t assured, and they’re not available in all states.
Availability: Washington, D.C. and 48 states are where Amica sells policies. It does not offer policies in Hawaii or Alaska.
Nationwide
Coverage of the Building Code Is Standard
PROS:
- Credit card coverage and building ordinances are standard.
- discounts on some home improvement projects and “smart home” gadgets
CONS:
- Not as accessible as other businesses in our ranking
Review: Nationwide offers coverage against credit card fraud and building codes as part of its standard homeowners policy. This implies that Nationwide may contribute to the cost of rebuilding or repairing your home to current building standards following a covered loss. In addition, you can add replacement cost for your home and possessions, as well as optional coverages for identity theft and water backup.
Discounts from Nationwide are available for owning smart homes and safety equipment like smoke detectors and security systems. Additionally, there is a savings if you upgrade the electrical, heating, or cooling systems in your house. There is a discount depending on how long you were with the previous insurance provider if you’re moving from them.
Availability: Washington, D.C. and 44 states offer Nationwide homeowners insurance policies.
Erie Insurance
Provides A Wide Range of Bundling Choices
PROS:
- Coverage for replacement costs is standard.
- There is available optional home business coverage.
CONS:
- Only accessible in Washington, D.C. and 12 states.
- Need to buy via an agent
Review: Due to its regional status, Erie Insurance is not widely available. You will need to work with an agent if you want to buy an insurance policy.
Replacement cost coverage is included in the base policy, not as an add-on. Options are also available for identity recovery coverage, subterranean service lines, and water backup. You can also receive enhanced coverage for valuable possessions and your home office property.
Availability: Twelve states and Washington, D.C. offer homeowner’s insurance policies from Erie Insurance.