Your home is your most expensive asset, and the best way to protect is with homeowners insurance. A home insurance policy can help cover you from serious financial setbacks, whether it is the theft of your TV, jewelry, and other valuables, or severe damage from weather-related incidents.
Home insurance keeps you protected against damages caused by smoke, fire, theft, water (usually not flooding), a storm, vandalism, or any other event mentioned in the policy. If any damage has been caused to your home, your policy will cover the cost of replacing or repairing your home and its contents. Some policies also provide coverage for a garage and other such outbuildings and will replace damaged or stolen personal property that is stored in your house.
Home insurance will also look after your living expenses if you have to move out of your house if it has become uninhabitable due to any event. To help you choose the best home insurance, we have created this list of top home insurance companies:
Amica Mutual Insurance
This insurance company sells life insurance, homeowners insurance, auto insurance, and many other financial and insurance products. Amica sells homeowners policies which pay about 20% of the annual premium back to its policyholders.
USAA
USAA provides an array of financial and insurance products for members of the U.S. armed forces and reserves of any rank, and with options for veterans and their family members too. Apart from homeowners insurance, it also sells insurance for personal property, health, life, pets, small businesses, and cars. It also has an A++ Financial Strength Rating from A.M. Best.
Erie Insurance
This company not only sells homeowners insurance policies, but also life insurance, auto insurance, and policies for boats, recreational vehicles, and motorcycles. It also offers an array of business products and retirement planning services.
Allstate
One of the largest insurers in America, this company has 16 million customers and is available in all 50 states. It offers more than 113 million policies in the US. Allstate owns Esurance, Encompass Insurance, and SquareTrade. It offers all types of insurance policies. The homeowner’s policies feature incentives for smoke-free homes, discounts for seniors, and energy-efficient upgrades.