Best Homeowners Insurance Companies in 2026

Best overall: Amica

Average annual rate: $1,340

Why we chose it: Amica is the cheapest homeowners insurance company on our list, but rates aren’t the only reason why Amica should be on your radar. It also earns high marks for claims and customer service. Amica topped J.D. Power’s 2026 U.S. Property Claims Satisfaction Study. Plus, it has a near-perfect Complaint Index score with the NAIC. 

Amica’s dividend policy also helps it stand apart. These policies give you the same coverage, and they may cost more upfront. However, you could get 5% to 20% of your premiums sent back to you or applied to future renewals. 

Whether or not you choose a dividend policy, there’s a good chance you could save money by switching to Amica. Amica’s national average homeowners insurance premium is $1,340, almost half than the national average of $2,628. 

Who it’s best for: Amica is best for just about any homeowner, as long as they are comfortable handling their business over the phone or online.

Best insurance from a large company: State Farm

Average annual rate: $1,439

Why we chose it: If you want the stability and convenience of one of the country’s largest insurers, State Farm is hard to beat.

It offers benefits that many smaller companies don’t, like 24/7 customer service and easy-to-use online tools. If you prefer doing business in person, State Farm has offices in most communities across the country. 

Compared to some companies, State Farm doesn’t offer as many home insurance discounts, but its base rates are usually affordable without them. State Farm’s average home insurance premium is 45% lower than the national average.

If you’re willing to switch both your car and home insurance, you could save big. As a large carrier, State Farm also offers competitive car insurance rates. You’ll also qualify for State Farm’s home and auto bundling discount. 

Who it’s best for: State Farm is best for homeowners looking for low rates, especially if they’re open to bundling home and auto. State Farm’s home and car insurance tend to be affordable in many states.

Best for working with an independent agent: Auto-Owners

Average annual rate: $2,712

Why we chose it: Auto-Owners works through a network of independent agents. An independent agent doesn’t work for any specific insurance company. Instead, they work with a group of insurance companies and help policyholders shop multiple carriers at the same time. 

Working with an independent agent means personalization. An agent who lives in your area may understand local needs better than an agent working remotely in another state. 

Auto-Owners offers some of the strongest coverage packages in the industry. In addition to standard coverage, homeowners can include add-ons like equipment breakdown , inland flood coverage , guaranteed replacement cost and more. 

Who it’s best for: Homeowners who want to work with a local agent and value customer service over the lowest rates.

Best for claim-free homeowners: Allstate

Average annual rate: $1,845

Why we chose it: If you rarely file homeowners insurance claims, Allstate offers several perks that can reward you over time: Deductible Rewards, Claim RateGuard and Claim-Free Bonus. 

With Deductible Rewards , your deductible starts $100 lower and drops by another $100 for each year you remain claim-free. Eligible homeowners may also qualify for Claim RateGuard , which helps prevent your premium from increasing after a claim. Allstate’s Claim-Free Bonus provides a 5% credit toward your renewal for every year that you remain claim-free.

These optional programs cost extra, but you could offset the added cost if you remain claim-free for several years. A lower deductible, renewal credit or protection from a rate increase may mean big savings if you have to file a claim later.  

Who it’s best for: Allstate is best for homeowners with a clean homeowners insurance claim history and want protection from future claim-related increases.

Best for luxury homes: Chubb

Average annual rate: $3,441

Why we chose it: Owning a high-value home comes with unique insurance needs. Chubb specializes in luxury homes, offering coverage and services that address the complexities that come with high-value properties. 

Chubb’s Masterpiece home insurance package includes features that many other companies charge extra for (if they offer them at all). These include:

The package also comes with an appraisal and Chubb’s HomeScan service. A consultant visits your home to look for moisture and fire hazards before they turn into costly claims. 

Who it’s best for: Chubb is best for homeowners who have expensive properties and don’t mind paying a little extra for a white glove experience.

Best for military families: USAA

Average annual rate: $1,776

Why we chose it: USAA serves the military community with reliable home insurance at low rates. It helps active-duty members by covering uniforms and military gear. These features and more may be why the NAIC reports far fewer complaints than average for USAA. 

A USAA policy covers your belongings at replacement cost. This means your payouts won’t decrease because of age or wear and tear.

Like a lot of larger insurers, USAA also makes it easy to manage your policy online or with its app. But it only sells insurance to military members and their families.

Who it’s best for: Eligible military families who don’t mind handling business online, via app or over the phone.

Best for homeowners in storm-prone areas: Nationwide

Average annual rate: $2,599

Why we chose it: If you live in an area where hail, wind or other severe weather is common, you might have some anxiety about your roof. Nationwide could provide peace of mind through its optional coverage Better Roof Replacement.

With Better Roof Replacement, you can upgrade (not just replace) your roof after a covered claim. An upgraded roof is a safer roof. You’ll not only have better protection for yourself, but for your belongings, too. 

Nationwide also offers Dwelling Replacement Cost. If you have to rebuild, this add-on gives you double your dwelling limit. Replacement cost coverage can be especially vital during times of inflation, when construction costs are high. 

Who it’s best for: Nationwide is best for homeowners who are at a higher risk of weather-related roof claims and are eligible for Better Roof Replacement. This endorsement is not available for all types of roofs in all states.

Best for discounts: Farmers

Average annual rate: $2,368

Why we chose it: Although Farmers might not be the cheapest home insurance company, there are a ton of ways to save with this carrier. Many of these discounts are easier to qualify for, too. For instance, you can get discounts just for going paperless and paying on time. 

Farmers can also help you save through its declining deductible program. For every year that your policy remains in force, you can earn $50 towards your deductible . This can reduce your out-of-pocket expenses if you need to file a future claim. And if you remain claim-free for five continuous years, you’ll earn claim forgiveness. 

Who it’s best for: Homeowners who qualify for enough discounts to help make Farmers a more affordable option. Farmers gives generous rewards to those who remain claim-free, and its three coverage packages provide plenty of options.