InsurancePick Updated May 2026
Reviewed by David Chen, CFP® · June 8, 2026
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BEST HOME INSURANCE 2026

Best Home Insurance 2026

We ranked the best home insurance companies by price, coverage, and customer satisfaction. The national average is $2,490/year — but top-rated companies charge far less.

National Average
$2,490/year
Cheapest Top Company
State Farm $1,356/yr
Coverage (standard)
$400K dwelling

Best Home Insurance Companies — Ranked 2026

#1 FOR 3RD YEAR
Amica
Amica is the top-rated home insurer for the third consecutive year. Exceptional claims satisfaction, dividend policy option returns up to 20% of premium, and transparent pricing. Available in all states except Hawaii.
Avg rate: ~$1,510/year for $400K dwelling
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BEST PRICE + BUNDLING
State Farm
Cheapest of the top-rated companies at $1,356/year. Outstanding agent network for claims help. Significant discount when bundled with State Farm auto insurance. A++ AM Best financial strength rating.
Avg rate: ~$1,356/year for $400K dwelling
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BEST FOR MILITARY
USAA
Tied for best overall for the 4th consecutive year (military only). A++ AM Best rating. Covers military equipment and uniforms, offers replacement cost coverage by default, and has the best claims satisfaction in the industry.
Available to military members, veterans, and their families only
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GREAT CLAIMS HANDLING
Travelers
A++ AM Best rating. Strong claims-handling reputation and broad coverage options including green home coverage, water backup, and valuable items. Good bundling discount with Travelers auto insurance.
Available nationwide; premium varies by location and home age
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MOST DISCOUNTS
Allstate
Offers more discount types than any other major insurer — loyalty, easy pay, welcome, claim-free, early signing, and home buyer discounts. Digital Locker app helps document belongings for claims. A+ AM Best rating.
Strong option for bundling home + auto for maximum discount
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Home Insurance Rate Comparison 2026

CompanyAvg Annual RateAM BestBest For
Auto-Owners$1,308/yrA++Lowest price overall
State Farm$1,356/yrA++Best agent network
Amica$1,510/yrA+Best customer satisfaction
TravelersVariesA++Best coverage options
AllstateVariesA+Most discounts available
USAABelow avgA++Military families only

Frequently Asked Questions

Amica is the #1 rated home insurer for the 3rd consecutive year based on customer satisfaction and claims handling. State Farm is the best for price at $1,356/year. USAA is best for military families. Auto-Owners is the cheapest overall at $1,308/year.
The national average is $2,490/year for a $400,000 dwelling. However, top-rated companies like State Farm ($1,356/yr) and Amica ($1,510/yr) charge well below average. Your rate depends on your home's location, age, construction type, and coverage amount.
Standard HO-3 policies cover: your home's structure (fire, wind, hail, theft), personal belongings, personal liability (injuries on your property), and additional living expenses if you temporarily relocate after a covered event. Flood and earthquake damage requires separate policies.
Bundle home and auto with the same insurer (saves 10-20%), install a security system (saves 5-15%), raise your deductible, update your roof and electrical system, maintain good credit, and shop quotes from at least 3 companies every year at renewal.
No. Standard home insurance does not cover flood damage. You need a separate flood insurance policy, typically through the National Flood Insurance Program (NFIP) or private flood insurers. If you live in a flood zone, your mortgage lender will require it.