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Why Trust Us

The methodology for 360 Reviews by U.S. News & World Report is to evaluate products and services from multiple, diverse vantage points. We make recommendations based on a consensus about what matters to consumers, experts, and the community of professional reviewers. We don’t tell you what our investigators think about a product. Instead, we convey what’s most important based on an unbiased look at the viable products you should consider.

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Compare competitive rates from top Homeowners Insurance companies.

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Who are the top homeowners insurance companies?

We surveyed more than thousands of policyholders across the nation and found that the following insurers represent the top homeowners insurance companies:

What is homeowners insurance?

A typical standard homeowners insurance policy provides coverage to repair or rebuild your home after damage from smoke, fire, theft, vandalism, a fallen tree, or a weather event such as lightning, wind, or hail. If you need to move out while repairs are made, homeowners insurance can pay for alternate food and lodging.

In addition to the primary structure, standard policies typically cover heating and cooling systems, appliances, furniture, clothing, and other personal belongings in the home. Guest medical and liability coverage is also included, to protect you if a visitor is injured on the property. Most standard policies include coverage for a detached garage, shed, or other outbuilding, or a permanent structure such as an outdoor fireplace, swimming pool, fence, or wall.

It’s important to note that homeowners insurance is not the same as home warranty coverage, which typically covers failed appliances, heating and cooling systems, and can offer protection against damage from termite and rodent damage.

Do I need homeowners insurance?

Most homeowners should purchase home insurance even if it isn’t required by their mortgage lender. Many mortgage lenders will require you to get homeowners insurance to financially protect themselves, but home insurance is also among one of the best ways to protect your largest investment: your home.

Even if you can afford to rebuild or replace all of your possessions in the event that your house is destroyed or robbed, homeowners insurance is an inexpensive way to avoid having to pay the huge out-of-pocket expense.

How much does a homeowners insurance policy cost?

For the companies in our rating from which we were able to obtain quotes for our sample policy, the monthly premiums ranged from just under $90 for a policy with State Farm to almost $265 for a policy with Allstate. There are a number of variables involved in getting homeowners insurance quotes such as the location of your home, square footage, and amount of coverage offered. For more information on quotes visit our guide to Homeowners Insurance Quotes.

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