If you’re looking for home insurance for the first time or looking for a better insurer than you have now, the task can seem daunting. In order to determine the best home insurance for you, you have to consider all the national and local insurance companies competing for your business. How do you decide which one to give your money to? The best home insurance companies compare favorably in financial strength and coverage options. They invest in customer service to keep you satisfied no matter wherein the claims-filing process you are. The top three home insurance providers are Allstate, Amica and State Farm.
Top Three Home Insurance Providers:
- Allstate
- Amica
- State Farm
Allstate
Allstate’s Digital Locker app makes it easy to store photos and record information regarding your belongings. These will be available in the cloud if you ever need them for a claim. Allstate is one of the most popular insurers and its quotes are generally among the cheapest. If you just bought your first home, Allstate is a good choice. They have a great online resource library, with articles, videos and industry terminology. Allstate’s home insurance policies, though among the least expensive, have good coverage options. Its value, when comparing coverage to premium dollar performs favorable against other insurers. If you like discounts, you’ll love Allstate. They have six discounts for everything from home security and new customer price breaks to multiple policy and early signing discounts. In fact, you even get a discount for online pay and maintaining your claims-free status. That doesn’t count your 10 percent savings when you turn 55.
Highlights:
- Great resource library
- Inexpensive premiums
- Merit and age-based discounts
Amica
Amica rates high on almost every survey on their excellent customer service, which together with their flexible policies make Amica a top choice for homeowners. This company has built its brand around customer satisfaction, evidenced by its many customer service awards. Amica has been recognized by Consumer Reports, J.D. Power and many other companies. Its claims handling is regarded as a model for those striving to be among the best in the industry. Unlike its competitors, Amica lets you pick your own contractor for claim-related repairs. However, they still provides resources to locate and interview local contractors with Amica’s approved network. Choosing a contractor from the approved network guarantees you receive a limited warranty on the work. You will find reasonable home insurance rates with ultimate cost depending on your coverage options. The company’s coverage options include earthquake and flood insurance, and identity theft. Fortunately, you aren’t charged more to insure expensive jewelry, art or other belongings. Best of all, if your insured personal property cannot be saved, Amica pays you the cost to replace the item, without deducting for depreciation.
Highlights:
- Excellent customer service
- You can pick your own contractor
- Pays full replacement value for insured items
State Farm
State Farm Insurance has been financially solvent for over 100 years. The combined financial stability and great customer service rating make this one of the top home insurers. If you prefer face-to-face contact, this could be a good fit for you. State Farm has physical offices and agents in tons of local offices so you can always get help if you need it. They also offer individualized service and recommendations throughout the life of your policy. Other strengths include its many discounts which are related to the status of your policy, age and other factors that reduce the company’s risk to insure you. State Farm has a convenient and easy mobile app. They won’t give you a hard time when you try to get quotes online, unlike many competitors who want to get you into the office to upsell coverage you aren’t interested in.
Highlights:
- More local offices and agents for in-person help
- Great mobile app
- Tons of discounts
Conclusion
When you are looking for home insurance, it’s helpful know which companies have the best coverage and customer service, as well as reasonable premiums. Personal preferences such as face-to-face versus electronic dealings, discounts and educational material available also impact your final decision. It may seem like it takes a lot of time and energy, but you will be grateful for the peace of mind it brings to know your home is covered in the event of unforeseen circumstances.