Best Homeowners Insurance Companies in 2022 – Top Home Insurance Providers

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Best Homeowners Insurance Companies in 2022 – Top Home Insurance Providers

We cannot predict the upcoming events, and we cannot always be confident about what could happen to us in the future. From that point on, every person should seek their own safety and overall protection. When discussing safety, we must mention that your home is a place that always has to be secure and protected from any unpredictable external factors.

Having home protection is always a wise thing to do, especially in these times where deviant acts, thefts, and other forms of criminal behaviors are present all around you. We are pretty sure you are entirely aware of that danger, as well as the dangers and risks caused by natural factors such as earthquakes and storms.

Suppose you are in doubt and do not know the best lead to follow. We recommend you consider the home insurance policies so you can rest easy knowing you, your loved ones, and your comfortable home are always secure. In addition, we have made a selection of only the best insurance companies available in the United States to provide you with the highest safety and the lowest monthly prices.

So, be smart and make a wise decision to choose one of these reputable insurance agencies. After that, you can enjoy the best results and the highest level of protection. Stay sound, stay protected all of the time, and gain a wonderful experience in the world of insurance policies. Read this informative article to enjoy these benefits and more.

List of Homeowners Insurance Companies of 2022

  1. Lemonade: Overall Best Homeowners Insurance Company
  2. Liberty Mutual: For Homeowners with High-Risk States
  3. USAA: Best Option for Low-Cost Home Insurance
  4. Amica: Good Customer Service and Lots of Coverage Options
  5. Allstate: High Coverage Limits and Lots of Perks

#1. Lemonade: Overall Best Homeowners Insurance Company

 

Company Overview

If you are a person who respects privacy and protection, here, we have a fantastic company that is always aiming to provide you with the best insurance services. Lemonade appears to be one of the top-rated insurance companies all over the U.S., with excellent feedback and great reviews. Forget everything about insurance before, and start with low prices, instant services, and the best protection.

With this reputable company, you can always protect your things, your house, your life, and even your pet. Lemonade is recognizable for being a public benefit corporation. This insurance corporation provides coverage in many available spheres, such as home, equipment, and other things that are important to you.

Features

Renters Insurance

It is essential to know that Lemonade provides the best renters insurance all over America. You will get homeowners insurance cover in less than 90 seconds by choosing this type of insurance. You can protect everything you own, whether in the house or outside.

  • Crime and vandalism coverage
  • Water damage
  • Fire in the home
  • Liability coverage
  • Medical expenses coverage

This type of insurance is available to you by creating a fast account on Lemonade, starting from $5 per month.

Homeowners

By choosing home insurance on Lemonade, you will have extraordinary prices and trust from the lenders. It is essential to know that this insurance is accepted by all major lenders globally. You will get covered with this type of insurance if your home is damaged and not livable anymore, and this type of plan starts with a price of only $25 per month.

Car Insurance

With Lemonade, you can always protect your vehicle using their car policy of only $30, based on your driving profile. Using this type of insurance policy, your car is protected in a crash if you are stalled halfway or if an emergency happens.

You will also be covered with car insurance from Lemonade if glass is damaged or if your car is stolen.

Pet Insurance

Lemonade provides you with an option to get a homeowners insurance policy for the favorite creatures in your home as well. Your pets will get complete life protection such as diagnostics, procedures, and medication. For only $10 per month, you can cover a wellness exam, a fecal or internal parasite test, heartworm test, blood work, vaccines, and additional medical advice.

Life Insurance

Your future self will thank you if you subscribe to life insurance on Lemonade. Starting with an affordable price of only $9, you will protect yourself and your loved ones at any age you want. It is essential to know that Lemonade provides you with life insurance coverage of $1,500,000.

Insurance Availability

  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Georgia
  • Illinois
  • Indiana
  • Maryland
  • Massachusetts
  • Michigan
  • Missouri
  • Nevada
  • New Jersey
  • New Mexico
  • Ohio
  • Oklahoma
  • Oregon
  • Rhode Island
  • Tennessee
  • Texas
  • Virginia
  • Iowa

Pros

  • One of the best insurance companies across the U.S.
  • Huge insurance coverage
  • Very affordable monthly prices
  • Several types of insurance

Cons

  • Not available in every U.S. state

Client Experience

Lemonade’s services are simply incredible and the most affordable in the insurance area. Clients are satisfied with the professional team and the fast response in emergencies. People using this company claim Lemonade is the best choice.

=> Click here to visit the official website of Lemonade

#2. Liberty MutualFor Homeowners with High-Risk States

Liberty mutual commits itself by providing complete protection and privacy to your insurance needs. Deemed as one of the best homeowners insurance companies all over the country. With Liberty mutual, you can get your home and car insured safely and instantly. The company believes equal employee opportunity and anti-discrimination policy to maintain a sane environment. Liberty Mutual has been in business since 1912 and is located in Boston. Based on 2021 gross written premium, they are the sixth largest worldwide property and casualty insurer.

You can get insured in easy and simple steps. Head over to the website, enter your zip code, address and other details. Do this, and you will receive a quotation instantly. 

Features

Liberty Mutual Homeowner Insurance Eligibility

  • All people who meet the following criteria are eligible for Liberty mutual homeowner insurance:
  • Individuals in the Air Force, Army, Marine Corps, Coast Guard, National Guard, Navy, and Reserves.
  • Widows and single spouses of USAA members who married while they were still married.
  • Cadets and midshipmen at US military service schools

Homeowners Insurance Coverage

Outbuildings, residences, furniture, and other personal belongings are covered by Liberty Mutual insurance if they are damaged by theft, fire, vandalism, or natural disasters. Depending on where you reside, you can also purchase flood insurance. Renters, condo owners, home-share property owners, landlords, and income property owners are all covered by these insurance specialists.

Personal liability and guest medical insurance are included in most homeowner insurance policies to cover the costs of injuries on your property. This form of insurance also covers $5,000 in fraudulent credit card costs, but it is not available in North Carolina. 

Pros

  • Employee Assistance Plan
  • Health Benefits
  • Excellent reputation by on-site customers
  • Guaranteed cost coverage

Cons

  • The process sometimes take time to get approved

Client Experience

We were ecstatic to see such positive feedback for this insurance firm, as Liberty Mutual appears to be one of the greatest insurance businesses in the country. People praised the low pricing, excellent customer service, and quick insurance.

When in doubt, we always suggest that you choose this insurance company to cover your home and valuables

#3. USAA: Best Option for Low-Cost Home Insurance

Company Overview

Since 1922, USAA has started its journey through the world of human protection and insurance policies. USAA has been one of the top insurance companies across the U.S. in the last few years. Overall, USAA is an insurance company providing an array of financial products and insurance services to the U.S. armed forces.

Headquartered in San Antonio, this company operates satellite offices around the U.S., Frankfurt, Germany, London, and Luxembourg. This is not just an ordinary insurance company, as it offers complete loan services, checking and saving accounts, and access to ATMs worldwide. With more than 36,000 employees and over 13 million users, USAA is one of the most reputable insurance companies globally.

Features

Eligibility for USAA Homeowner Insurance

The USAA homeowner insurance is available for all people meeting the following requirements:

  • Individuals currently working in the Air Force, Army, Marines, Coast Guard, National Guard, Navy, and Reserves
  • Veterans
  • Widows and single spouses of USAA members joined during their marriage
  • Midshipmen and cadets at U.S. military service academies

Homeowner Insurance Coverage

USAA insurance offers coverage for outbuildings, homes, furniture, and other possessions damaged by theft, fire, vandalism, or natural events. You can also buy optional coverage for floods, depending on where you live. These insurance professionals also offer insurance for renters, condo owners, home-share property owners, landlords, and income property owners.

The standard homeowner insurance policy provides personal liability and guest medical insurance to cover the costs of damages from injuries on your property. Additionally, this type of insurance covers $5,000 to help cover fraudulent credit card expenses, but it is not available in North Carolina. USAA even offers coverage for replacing damaged military uniforms.

Types of Additional Homeowners Insurance

  • Personal Umbrella Policy: This type provides more protection and helps to pay attorneys fees, costs, and lost wages
  • Flood Insurance: Provides coverage against flood if your home is located in a potential source of a flood as per the National Flood Insurance Program
  • Business Insurance: Provides coverage for specialized or expensive business items
  • Valuable Personal Property Insurance: This type provides additional coverage for firearms, jewelry, and other expensive items above the sum of $100

Homeowners Insurance Discounts Offered by USAA

  • Multi-policy discount
  • Claim-free discount
  • Home-age discount

Many other discounts are available for users of this insurance group, depending on factors like home location or construction. It is essential to know that other possible home insurance discounts include firewise discounts, protective device discounts, membership loyalty, and good payment history.

Pros 

  • One of the best homeowner insurance companies across the U.S.
  • Excellent reputation and reviews for customer service
  • Digital claims available through a mobile application
  • Guaranteed replacement cost coverage included
  • Protection for home and home equipment

Cons

  • No insurance brokers or local agents
  • A person must be U.S. military, a veteran, or a military person’s relative

Client Experience 

This is an excellent option for military personnel or their relatives. This insurance company is highly reputable and has positive feedback from the U.S. Army. According to their testimonials, USAA is a company that has gained people’s trust for many years. For that reason, you can find positive feedback from individuals who have had an excellent experience with this home insurance company for more than ten years. Regarding positive testimonials and feedback, USAA has helped thousands of Americans by offering their best policies and the highest protection and coverage.

#4. Amica: Good Customer Service and Lots of Coverage Options

 

Company Overview

When discussing the best home insurance, we must not forget to mention Amica insurance. We were thrilled with the excellent reputation of this trustworthy insurance company, so for that purpose, Amica is one of the top-notch homeowners insurance providers we wanted to provide to you. The tremendous experience in insurance policies has made Amica an experienced company with quality services and massive home protection all across the U.S.

Established in 1907 and based in Rhode Island, Amica started as an Automobile Mutual Insurance Agency. After that period, this reputable company has added other insurance services, financial products, and homeowners policies. Since 1956, Amica has shared its professional services and the best home insurance policies available in 44 separate offices.

Features

Homeowners Insurance Coverage Options

  • Personal Property Replacement Coverage

With this type of insurance, you have complete repair and replacement costs for your personal property.

  • Valuable Items Coverage

Here, you have additional coverage and protection for your expensive items, such as furs, art, or jewelry.

  • Home Business Insurance

This type of coverage and protection provides insurance for your home equipment, supplies, or furniture when you are running businesses out of your home.

  • Dwelling Replacement Coverage

Using this type of insurance policy, you can have 30% more coverage to repair or rebuild your home.

Types of Insurance Discounts

It is essential to know that Amica offers two types of available insurance discounts:

  • Automatic Detection Devices: Here, you can have a discount on homes equipped for gas leaks, water leaks, and monitoring temperature.
  • Alarm System: If you have a discount from Amica, you can install a burglar or fire alarm.

Amica is an excellent insurance company that provides its clients with other discounts, depending on the type of insurance they choose:

  • E-Discount: This type of discount will be provided to you if you choose to receive the notifications and bills electronically.
  • Loyalty: Clients who have been with this company for at least two years can also get a discount.
  • Multi-Policy Discount: You can also get a discount if you decide to combine your policy with auto insurance or other coverage.

How to Buy Amica Homeowners Insurance?

  • Provide details about your home
  • Prepare information about your insurance history, including the claims you have made
  • Visit Amica’s official website or call them by phone
  • Amica will provide you with an online quote when you provide all of the necessary information

Additional Homeowners Insurance Coverages

  • Flood Insurance
  • Earthquake Insurance
  • Identity Fraud Insurance

These are optional coverages that are not included in the standard homeowner policy, and this company also provides an Amica Platinum Choice that includes:

  • Personal Property Replacement Coverage
  • Water Backup
  • Credit Card Coverage
  • Computer Coverage
  • Business Property Coverage
  • Liability and Medical Payment Coverage
  • Valuable Items Coverage

Pros

  • Excellent ratings and reviews
  • All types of coverage and home protection
  • Many policies pay cash dividends
  • Competitive rates
  • A number of available discounts

Cons

  • Cannot quote all insurance policies online

Client Experience

We were delighted with the excellent reviews for this insurance agency, as Amica appears to be one of the best companies for insurance policies all over the United States. People gave positive feedback for reasonable rates, customer service, and fast insurance.

When in doubt, we always recommend you choose this insurance company to protect your home and the important items around you.

#5. Allstate: High Coverage Limits and Lots of Perks

 

Company Overview

Developed in 1931, Allstate insurance is one of the most reputable and experienced insurance networks across the U.S. More than 16 million clients are subscribed to this insurance network, which is a perfect indicator of its services and practice. When discussing Allstate, we must mention that this insurance agency owns several other companies, such as SquareTrade, Esurance, and Encompass Insurance.

Allstate is not just an ordinary insurance company, as it is a remarkable and reputable agency. It was created in 1952 as the Allstate Foundation — a philanthropic association that gives back to domestic violence survivors and empowers students and educators.

Allstate is the perfect choice for you when you need an insurance policy for overall protection, and it is available in each U.S. state, including Washington D.C. As a newbie in the insurance world, you should always know that Allstate is one of the most expensive insurance companies, but believe us, it is worth every penny.

Features

Homeowners Insurance Coverage Options

  • Dwelling Coverage

This type of coverage protects and covers the physical structure of your home, such as walls and roofs.

  • Personal Property Coverage

This type of insurance policy covers the belongings inside your home, such as electronic appliances, home equipment, and even clothes. Personal property coverage depends on the lost or damaged item.

  • Liability Protection

Here, you have coverage for every person who might have an injury in your home, including your relatives and loved ones.

  • Guest Medical Protection

The guest medical protection will help cover all of the person’s medical expenses or the injured guest in your home.

Additional Types of Homeowners Insurance Coverage

  • Personal Umbrella Policy
  • Flood Insurance
  • Earthquake Insurance
  • Host Advantage
  • Water Backup
  • Business Property
  • Sports Equipment
  • Yard and Garden
  • Musical Instruments
  • Electronic Data Recovery
  • Green Improvement Reimbursement

How to Buy Insurance on Allstate?

  • You can start the process by calling them, or you can do it entirely online
  • Provide your property’s information, age, recent renovations, and building materials
  • Have details of the current or recent homeowners insurance policies

How Can You File a Homeowner’s Insurance Claim with Allstate?

If you want to file a homeowners insurance claim, you can do that by phone or online. If you want to file your claim, we recommend you follow these steps:

  • If the damage includes vandalism or theft, we suggest you first contact the police
  • Contact Allstate after you contact the police
  • Provide the damage with videos and photos
  • When the claim is filed, they will provide you with a claim number to track the status
  • Allstate, in that case, will investigate the claim and repair your damage

How Much Does Allstate Insurance Cost?

Allstate appears to be one of the most expensive insurance companies, but it is worth every penny you give. These professionals offer the highest protection for your home and your significant items for a cost that may vary around $169 per month. Still, we cannot say the defined amount of money per one month because that varies from the place you live, the age and condition of your home, insurance claim history, and the value of all belongings.

Pros

  • More than 70 years of presence in serving people across the U.S.
  • More than 40 years of practice in the insurance area
  • One of the best insurance companies in the U.S.
  • Many coverage categories
  • Plenty of available discounts
  • Local agents are also available
  • Available identity theft coverage tracking tool

Cons

  • More expensive than other insurance agencies in the region

Client Experience

The professional team of Allstate is always available for its clients. According to online testimonials, we can say that Allstate is a top-notch company providing coverage for many different categories, including the most significant home insurance policies. The process is fast, and the agents are excellent for collaboration and resolving issues.

#6. State Farm: For Homeowners with High-Risk States

 

Company Overview

When seeking the best home insurance policies, we recommend you to keep an eye on the State Farm insurance agency. This company appears to be a perfect hybrid of reliability, loyalty, transparency, and excellent and affordable services. From that point on, State Farm is the top-match insurance company where you can find a variety of available insurance policies.

This company has had its roots since 1922, where the first insurance policy was provided to people across the U.S. This professional team contains over 58,000 employees, 19,000 independent insurance agents, and more than 80 million clients nationwide. State Farm provides insurance policies for health, disability, life, and liability, as well as homeowners and property insurance.

Despite the other qualities and exceptional services, State Farm is recognizable also for providing pet insurance policies. With this reputable agency, you can always be confident that your beloved fur friends are entirely protected.

Features

Homeowners Insurance Coverage

With State Farm, you can have coverage protection all over the United States. This company includes several standard homeowners insurance policy options, like other American insurance companies. You can choose from dwelling coverage, personal property protection, loss-of-use, and liability coverage. With this reputable insurance company, you can rest assured that you as a person can always stay protected, as well as the items around you and your entire home.

Additional Homeowners Insurance Coverage

State Farm provides many optional insurance coverages you can choose from, such as:

  • Earthquake Coverage
  • Flood Insurance
  • Full Replacement Cost
  • Umbrella Coverage
  • Fraud Loss, Identity Restoration, and Cyber Event

Homeowners Insurance Discounts

  • Multi-Policy Discount

You can combine homeowners insurance with other policies such as pet insurance to save money.

  • Claim-Free Discount

Policyholders who have not filed claims have reduced rates, even if they may switch their coverage from another insurance agency or insurer.

  • Home Alert Protection Discount

State Farm’s insurance policies provide a discount for installing a burglar alarm.

  • Roofing Materials Discount

Using impact-resistant roofing materials can qualify you for a discount on State Farm’s homeowners insurance in several American states.

State Farm’s Highlight – Cyber Attack Coverage

When discussing the best home insurance companies, we must mention State Farm because of its extraordinary features. One that has attracted our attention was the Cyber Attack Coverage. This reputable insurance agency provides its clientele with protection against cyber attacks in this digital world. State Farm provides around $15,000 for data recovery costs and repairing or replacing the equipment in the world of cyber attacks.

Pros

  • One of the best insurance companies across the U.S.
  • Low and affordable prices
  • Many available discount alternatives
  • Local agents are included
  • One of the rare companies offering pet insurance policies
  • Insurance coverage all across the U.S.
  • Strong financial rating
  • Excellent reviews and feedback

Cons 

  • Provides fewer discounts, compared with other insurance companies

Client Experience

You should always be sure that clients using insurance policies are always sincere with their feedback and reviews. We can say that State Farm is highly rated with excellent feedback from its customers. Regarding their testimonials, State Farm has motivated and dedicated local agents always in the mood to help clients out and offer the best insurance services and policies. With State Farm, everything is easier, policy prices are lower, claim adjusters are polite, and clients are delighted.

Insurance Guide – How to Choose the Best Insurance Company?

Consider the Location

When seeking the best insurance companies, you should consider several crucial factors. One of those is the location of your home. It is good to understand that every insurance company offers different monthly prices, depending on your home’s location, state, ZIP code, and city.

Let us say, for example, the insurance costs in high-crime neighborhoods are more expensive than in peaceful places. It is essential to know that understanding the common causes of loss in your place can determine the type of insurance coverage you need.

Ratings and Reputation

Before choosing the best insurance company for you, it is crucial to take a profound look at a particular insurance agency’s reviews, feedback, and reputation. An insurance company needs to have a good rating and positive feedback from its clientele. In that case, you can be sure that the best services and insurance policies will be provided to you for the highest level of home protection.

Insurance Experience

Some insurance companies, like those mentioned above, are better than others in this area. However, that depends on your reason for finding that insurance company. Generally, we can say that people want all-in-one companies that can provide them with all of the necessary services they want.

Here, we can say that a company you choose must have tremendous experience in the insurance world. This type of company must know how to work with clients, be accessible, have good customer support, and be motivated to do things better in the future for higher gratification and appreciation.

Digital Management

If you are someone who prefers not to have direct contact with local agents, you should look after insurance companies that have offices in your area and a mobile application that will allow you to manage your file claims and policy at any time, from anywhere.

Compare the Quotes Based on Coverage

Before choosing an insurance company, you should always know that the rates may vary depending on many factors that are unique to yourself and your home. Generally, we can say that every insurance company charges different rates. If you compare the quotes from a few companies, considering the same amount of coverage, you will determine the most affordable option for home insurance.

Frequently Asked Questions: Home Insurance

Q1. What is the best insurance company?

The best homeowners insurance companies are our top five insurance alternatives. These companies have a wide range of insurance policy categories, including pet and cyber attack insurance. It is essential to know that these insurance agencies provide the best local agents, the best services, and the most affordable prices.

Q2. Do I need home insurance?

You should have insurance, whether it is home or life insurance. It is not required by law, but that is just for your own safety and protection. In life, every person should have at least one insurance policy to stay safe and protected all of the time.

Q3. How much does home insurance cost?

The prices for home insurance are usually different from company to company. Still, the cost of insurance depends mainly on the location of your home, size, age, and several other unique factors. But, our top five insurance companies provide the most affordable prices in the area.

Q4. What does it mean to make a claim?

Before choosing an insurance policy, you should inform yourself about the claim process. Generally, insurers do not check the property or the contents before providing an insurance policy. However, you should know that they will check everything possible once you make a claim. As a client, you must have proper papers and documentation for what you want to claim for.

When you want to enter the world of insurance policies, you must enter prepared. You should always know that the claim process is a formal request to your insurance company for reimbursement against covered losses under your policy. When the event covered in your insurance policy occurs, the claim must be filed by you.

Wrapping Up On Best Home Insurance Company

These companies are the most reputable and are always available to provide you with the best insurance policies across the U.S. You matter, your safety matters, and your home is something that must be constantly protected. As a result, we are confident you will make the best decision and consider one of the top five insurance agencies that are available in almost every area of the U.S. So, choose the most suitable option for you, and enjoy the benefits of these remarkable insurance agencies and policies from the comfort of your own home.

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