Compare home insurance quotes
Pick two or more companies to see rates where you live. Free, no obligation.
Average prices from large insurers
| Insurer | Average yearly premium | Notes |
|---|---|---|
| USAA | $1,940 | Military, veterans and eligible families only |
| State Farm | $2,415 | Largest home insurer; limited new policies in some states |
| Progressive | $2,580 | Often sold bundled with auto |
| Travelers | $2,710 | AM Best A++ |
| Allstate | $2,715 | Wide agent network |
Source: NerdWallet, February 2026; 40-year-old homeowner with good credit, $400,000 dwelling, $300,000 liability, $1,000 deductible. Insurance.com’s March 2026 data found Amica averaged $1,510 against a national average of $2,543 in its sample.
Prices vary much more by state than by insurer. State Farm’s own average ranged from $1,630 for a $200,000 dwelling to $4,030 for an $800,000 dwelling in NerdWallet’s data, so always compare quotes for your actual home.
Customer satisfaction: J.D. Power 2026
| Study | Top insurers (score) |
|---|---|
| Homeowners satisfaction (2026) | Amica (680), Erie (678), Chubb (676) |
| Renters satisfaction (2026) | State Farm (702), Erie (692), Amica (689) |
| Property claims satisfaction (2026) | Amica (773), The Hartford (756), Chubb (744); study average 702 |
Sources: J.D. Power 2026 U.S. Home Insurance Study (Sept 2026, 17,191 respondents); 2026 Property Claims Satisfaction Study (Mar 2026).
The claims study also found average repair times fell to 29.6 days and time to final payment to 40.7 days, but almost one in five customers still described their claims experience as “not great.” Liberty Mutual, Nationwide, Erie and Progressive Home also scored above average for claims.
What sets each insurer apart
Amica
Amica led both J.D. Power home studies in 2026 and was rated A+ by AM Best, which revised its outlook to stable in March 2026. Its dividend policies can return roughly 5% to 20% of the premium. It isn’t available in Alaska or Hawaii.
Chubb
Chubb focuses on higher-value homes. Its standard features include extended replacement cost on the dwelling and replacement cost for belongings, and it offers personal liability up to $100 million. AM Best affirmed its A++ rating in January 2026. It sells mainly through agents.
Erie
Erie ranked second for homeowner satisfaction and second for renters, with an A+ AM Best rating. As a regional insurer it doesn’t sell everywhere, so check whether it’s available in your state.
State Farm
The largest U.S. home insurer. Its default policy includes extra dwelling coverage if rebuilding costs more than expected. It stopped writing new homeowner policies in California in 2023, and NerdWallet notes new home policies aren’t available in Massachusetts or Rhode Island.
USAA
Cheapest of the large insurers in NerdWallet’s data, but only open to military members, veterans, some federal employees and their families.
Regional options
NJM includes guaranteed replacement cost and water backup cover in standard policies, but only sells in Connecticut, Maryland, New Jersey, Ohio and Pennsylvania. Cincinnati Insurance offers green upgrade coverage through independent agents.
Where insurers are pulling back
In some states the question is less “which is best” and more “who will write a policy.” In California, State Farm and Allstate stopped writing new homeowner policies, and the state’s FAIR Plan grew to about 696,562 dwelling and commercial policies by June 2026, up 157% since September 2022. In Florida, the picture is improving: Citizens Property Insurance has fallen to about 270,000 policies from a peak of roughly 1.4 million in 2023, as 21 carriers have entered the market since reforms in 2022 and 2023. If you’re in a high-risk area, see our natural disaster coverage guide.
How to choose
- Set your dwelling limit to rebuilding cost and ask whether extended or guaranteed replacement cost is included; see our coverage guide.
- Get at least three quotes with identical limits and deductibles, including one regional insurer if available.
- Compare claims scores, not just price.
- Ask about roof terms. In hail-prone areas some insurers now pay only actual cash value for roofs.
- Bundle and claim discounts; see our discounts guide.
Frequently asked questions
Which home insurance company has the best customer satisfaction?
Amica ranked highest for homeowners in J.D. Power’s 2026 study (680), followed by Erie (678) and Chubb (676).
Which home insurer pays claims best?
In J.D. Power’s 2026 Property Claims Satisfaction Study, Amica scored 773, The Hartford 756 and Chubb 744, against a study average of 702.
What is the cheapest large home insurer?
USAA had the lowest average in NerdWallet’s 2026 data at $1,940 a year for a $400,000 home, but it’s only for military families. State Farm was next at $2,415.
Is State Farm still writing home insurance in California?
State Farm stopped writing new homeowner policies in California in 2023. Existing customers have faced rate increases, including a 17% emergency increase approved in 2025.
What AM Best rating should a home insurer have?
A rating of A- (Excellent) or better is a common benchmark. Chubb and Travelers are rated A++ and Amica and Erie A+.
Sources
- NerdWallet – Cheapest homeowners insurance (Feb 2026)
- Insurance.com – Best home insurance companies (Mar 2026)
- J.D. Power – 2026 U.S. Home Insurance Study (Business Wire, Sept 2026)
- Insurance Journal – J.D. Power 2026 Property Claims Satisfaction Study
- NerdWallet – Best homeowners insurance companies 2026
- Business Wire – AM Best affirms Chubb ratings (Jan 2026)
- Insurance Journal – AM Best affirms Amica (Mar 2026)
- ABC7 – State Farm stops new California home policies
- Beinsure – California insurers pledge new policies (Sept 2026)
- Insurance Business – Citizens cuts policy count to 270,000 (Sept 2026)
- Insurify – Home insurance price projections 2026
Insurance prices, discounts and rules change often and vary by state. Figures were checked in October 2026; confirm details with the insurer or your state insurance department.