Best Home Insurance Companies to Watch Out for in 2025

Home insurance protects your home and personal property from damage from unforeseen events such as fire, theft, and storms. It can also help keep you from paying out of pocket for liability claims, such as if someone injures themself on your property and then sues you for medical expenses.

While home insurance isn’t necessarily legally required, many lenders do require you to have a home insurance policy before they will finance your home. 

This article will take you through the best home insurance companies of 2024 so that you can make an informed decision about how best to protect your home–and your wallet.

• Chubb: Best Full Service Insurance Company
• Hippo: Best for Quick Quotes
• Nationwide: Best for Bundling
• NJM: Best for Discounts
• Travelers: Best for Eco-Friendly Homes
• Erie: Best for Hard-to-Replace Items
• The Hanover: Best for High-Value Homes
• Kin: Best for Homeowners on a Budget

The 8 Best Home Insurance Companies in 2023

We researched top-rated insurance providers to find companies with user-friendly websites, straightforward information about their policies, accessible customer service, and the best homeowners insurance benefits.

Home insurance pricing depends on your location, deductibles, how much your home and personal belongings are worth, and your claim history, but we included sample pricing in our analysis when available.

Chubb: Best Full Service Insurance Company

Chubb offers homeowners insurance, insurance for condos and co-ops, renters insurance, and coverage for home appliances and equipment. It also provides auto, liability, travel, life, and business insurance, making it the best home insurance company for you if you need more than just homeowners insurance. 

Pricing

Chubbs requires property and homeowner information in order to create individual quotes, and does not give generalized price quotes. 

Benefits

The Chubb Homeowners Coverage provides extended replacement cost coverage, meaning that it will pay for your house to be rebuilt to its pre-damage standard, even if the repair costs exceed your policy limits, and will even pay for upgrades to meet building code requirements. Chubb’s Masterpiece Protection Network contains over 1,600 home repair experts, many of which offer discounts to Chubb clients. 

Hippo: Best for Quick Quotes

Hippo has a sleek, no-fluff website that promises a home insurance quote in 60 seconds. Its home insurance plans can cover your home office, equipment, computers, and valuables, as well as water backup and overflow, service line, smart home upgrades, and expenses associated with injuries incurred by household workers. 

Pricing

We used a 1,700 sq foot home in Indianapolis, currently worth around $230,000, as our sample home for Hippo’s online insurance quote. Hippo offered a starting quote of $133/month for a policy with a $1,500 general deductible and a $2,500 wind or hail deductible. This policy would cover $145,000 (actual cash value) of personal property, $200,000 liability, and $355,000 coverage for your home, plus 25% extended replacement costs.

Benefits

All Hippo home insurance policies include living expenses while your home is being repaired, including food, lodging, and storage, and ordinance coverage, which protects you if the cost of repairing your home is much higher than expected due to ordinance changes. 

Nationwide: Best for Bundling

Often the best insurance for homeowners on a budget is coverage that is discounted when bundled with other policies, such as auto insurance. Nationwide is a comprehensive insurance company that not only offers homeowners insurance, but also provides auto, personal, and business insurance. 

Pricing

Nationwide only provides sample pricing to individual homeowners. 

Benefits

Nationwide’s homeowners insurance covers your home and any other dwellings on your property (such as a shed or detached garage), your personal belongings (such as furniture and clothing), medical expenses if someone is hurt on your property, living expenses if you are unable to live in your home while it is being repaired, and can even help pay for unauthorized charges on your credit card. 

NJM: Best for Discounts

NJM offers homeowners, condo, renters, and flood insurance. It offers a wide array of discounts, including for bundling home and auto insurance policies, having a smoke alarm or sprinkler system, being a nonsmoker, and paying your premium in full before it’s due.

Pricing

Pricing depends on the rebuild costs for your home, and homeowners must give extensive information to receive a quote. 

Benefits

NJM is a smaller insurance company that provides home insurance products to a limited number of locations but has been in business for almost 100 years and conducts thorough assessments to determine the cost of rebuilding your home should disaster strike.

Travelers: Best for Eco-Friendly Homes

Travelers provides coverage for your home, personal belongings, and other structures on your property, as well as loss of use (expenses associated with temporarily moving out of your home during repairs) and personal liability coverage. 

Pricing

Travelers gives homeowners insurance quotes based on the features of your home, including the age of its roof and utilities, the type of construction, whether you live in your home full time, and what kind of claims history you have. 

Benefits

Travelers provides discounts for Leadership in Energy and Environmental Design (LEED) certified homes and additional green home coverage that can help pay to have your home repaired or rebuilt with green materials after a disaster. 

Erie Insurance: Best for Hard-to-Replace Items

Erie Insurance is the best homeowners insurance company for insuring hard-to-replace items, as it can cover deeds, bills, passports, pets, cash, precious metals, gift cards, and other valuables. 

Pricing

Pricing is only available over the phone and depends on your location, home type, and claims history. 

Benefits

Erie Insurance has over 13,000 agents serving more than five million customers and has the experience and knowledge necessary to find you the homeowners insurance that will fit your unique needs. 

The Hanover: Best for High-Value Homes

Hanover Prestige Home is The Hanover’s coverage service for higher-value homes and includes a guaranteed replacement cost or a cash settlement for homes that are severely damaged, unlimited loss of use coverage, and a deductible waiver for losses of more than $50,000. 

Pricing

Quotes are available via independent agents, who you can find with The Hanover’s Contact an Agent tool. 

Benefits

The Hanover is one of the best insurance companies for high-value homes and properties that need additional coverage. On top of its Prestige Home coverage, The Hanover offers umbrella insurance, equipment breakdown coverage, and siding and roof restoration coverage that can help you with home improvements.  

Kin: Best for Homeowners on a Budget

Due to its reliance on technology and because Kin sells insurance directly, it is able to keep its costs down and pass the savings on to homeowners in the form of discounted premiums.    

Pricing

You can fill out Kin’s online quote form or give it a call to get individualized home insurance pricing. 

Benefits

Kin’s website is fast, easy to use, and clearly written and mapped, making learning about and choosing the right homeowners insurance quick and painless. 

Methodology for Rating the Best Home Insurance Companies

The best home insurance companies have high customer satisfaction ratings, easy-to-navigate websites, a simplified claims process, and multiple coverage choices. We looked for home insurance companies with Better Business Bureau (BBB) accreditation or exceptional customer service ratings from Trustpilot that provide discounts and a selection of home insurance coverage options.

Choosing the Best Home Insurance Companies

While not necessarily legally required, homeowners insurance helps to protect one of your most valuable assets from physical damage, theft, and third-party claims. Choosing the right homeowners insurance company for you comes down to your location, what types of coverage you want, and your budget. The eight homeowners insurance providers we’ve reviewed in this article are the best homeowners insurance companies of 2023 and should be able to provide you with exactly the coverage you need.