The best home insurance companies of 2024
- Westfield: Best home insurance.
- Erie: Best for property claims customer satisfaction.
- Auto-Owners: Best home insurance for discounts.
- Nationwide: Best for high-value houses.
- Progressive: Best home insurance for cheap rates.
- State Farm: Best for home and auto bundling.
- USAA: Best home insurance for veterans and military.
- Allstate: Best home insurance for home-sharing.
- American Family: Great for enhanced dwelling coverage.
- Chubb: Best for high deductible savings.
Why trust our home insurance experts
Our team of home insurance experts has decades of experience as licensed property and casualty experts, insurance editors and consumers. We approach home insurance analysis as if we were shopping for ourselves or our family members, focusing on rates, coverage upgrades and consumer complaints.
Using a data-driven methodology, we evaluate hundreds of home insurance products, analyze thousands of data points and rate each insurer to help you find the best home insurance product for your situation. Advertisers never influence our editorial content. You can read more about our methodology below.
- 31,600 rates analyzed.
- 14 companies evaluated.
- 5 levels of fact-checking.
Best home insurance rates 2024
Top-rated home insurance companies of 2024
Why it’s the best
Westfield is the best homeowners insurance company because it has a low average annual home insurance rate of $1,344 for a home insurance policy with $350,000 in dwelling coverage. This is more than $300 below the national average of $1,678 per year for a home insurance policy with the same dwelling coverage limit.
Westfield also has the lowest level of consumer complaints out of all of our top-scoring companies, implying that customers are satisfied with its claims process. Westfield also offers robust coverage options and upgrades to increase coverage for the structure of your house and rare offerings with its Wespak package, like golf cart coverage.
Why it’s the best
Erie is the best for property claims satisfaction because it earned the highest score in J.D. Power’s 2023 U.S. Property Claims Satisfaction Study, 912 out of 1,000 points. This implies that policyholders who filed a property damage claim with Erie were very satisfied with how the claims process went. Erie also has a very low level of consumer complaints to state insurance departments.
Why it’s the best
Auto-Owners is great for discounts and offers a slew of ways to help you save on your home insurance, like advanced quotes and pay-in-full discounts. Auto-Owners’ average home insurance rates are competitive for a home insurance policy with $350,000 in dwelling coverage. If you ed a higher coverage amount, however, you’ll see higher-than-average rates.
Depending on where you live, Auto-Owners may sell through a subsidiary or affiliate company. For example, in Florida, property insurance is available through Southern-Owners Insurance Company.