InsuranceComparison

The 7 best home and renters insurance companies

We compared insurers on financial strength, coverage, discounts and service for both homeowners and renters, and we flag the big things a standard policy quietly leaves out, flood chief among them.

Last reviewed: July 24, 2026 · Reviewed by the TheSavvyAmericans editorial team

The 7 best home and renters insurance companies

We compared insurers on financial strength, coverage options, discounts and their service and claims reputation, for both homeowners and renters. Premiums vary wildly by location and property, so treat this as a shortlist and get quotes with matching coverage limits before you decide anything.

Our top pick

Amica

AM Best: A+ (verify current)

Best for customer satisfaction

Top-rated claims and customer service
Dividend policy option returns premium

4.6 / 5

Visit Amica

Official site · opens in a new tab

Amica consistently earns top marks for claims satisfaction and offers dividend policies that can return part of your premium. It covers home, condo and renters, making it a strong choice for service-focused buyers.

Also worth knowing

Home, condo and renters coverage
Generous standard coverages

Cons

Base premiums can run higher
Smaller footprint than national giants
Fewer app features than digital-first insurers

AM Best: A+ (verify current)
Policy types: Home, condo, renters
Availability: Most states
Standout: Dividend policies

Best overall

State Farm

AM Best: A++ (verify current)

Best for agent support

Large local agent network
Top-tier financial strength

4.5 / 5

Visit State Farm

Official site · opens in a new tab

The largest U.S. home insurer, State Farm combines a huge local agent network with strong financial strength and reliable claims handling. It is a dependable all-around choice for homeowners and renters alike.

Also worth knowing

Reliable claims reputation
Easy auto bundling

Cons

Rates have risen in many states
Fewer discounts than some rivals
Availability of new home policies varies by market

AM Best: A++ (verify current)
Policy types: Home, condo, renters
Availability: Most states
Standout: Agent network

Every pick on this page: independently researched · ranked on our published methodology · compensation never sets the order

Best for discounts

Allstate

AM Best: A+ (verify current)

Best for discounts and bundling

Many discounts and optional coverages
Strong bundling savings

4.2 / 5

Visit Allstate

Official site · opens in a new tab

Allstate offers a wide set of discounts and optional coverages, from welcome and loyalty savings to add-ons like water backup and identity protection. It bundles well with auto for extra savings.

Also worth knowing

Useful add-ons (water backup, more)
Local agents available

Cons

Base rates can be higher before discounts
Satisfaction is average
Some add-ons raise the price quickly

AM Best: A+ (verify current)
Policy types: Home, condo, renters
Availability: Most states
Standout: Discount menu

Best for military

USAA

AM Best: A++ (verify current)

Best for military families

Excellent claims service and satisfaction
Military-specific coverage perks

4.7 / 5

Visit USAA

Official site · opens in a new tab

USAA offers highly rated home and renters coverage with military-friendly features, such as coverage for uniforms and no deductible on certain military-related losses. Eligibility is limited to the military community.

Also worth knowing

Competitive pricing for members
Top-tier financial strength

Cons

Eligibility limited to military families
No local offices
Availability varies in some states

AM Best: A++ (verify current)
Policy types: Home, condo, renters
Availability: Military families only
Standout: Military coverage

Best digital

Lemonade

AM Best: Not rated (reinsured)

Best for renters and digital claims

Fast, app-based claims
Affordable renters coverage

4.1 / 5

Visit Lemonade

Official site · opens in a new tab

Lemonade offers an app-first experience with fast, sometimes instant, claims and affordable renters and home policies. It suits renters and tech-comfortable homeowners who want to skip the paperwork.

Also worth knowing

Quick, simple sign-up
Add-ons for valuables

Cons

Home availability is more limited
Less hands-on support for complex claims
Newer, smaller insurer

AM Best: Not rated (reinsured)
Policy types: Renters, condo, home
Availability: Many states
Standout: Instant claims

Best for extras

Nationwide

AM Best: A+ (verify current)

Best for optional coverages

Valuable optional coverages
Good bundling discounts

4.0 / 5

Visit Nationwide

Official site · opens in a new tab

Nationwide offers useful optional coverages like Brand New Belongings (full replacement cost) and better roof coverage, plus solid bundling. It is a good fit for homeowners who want to customize protection.

Also worth knowing

Replacement-cost options for belongings
Wide product range

Cons

Rates vary by region
Satisfaction is average
Not available in every state

AM Best: A+ (verify current)
Policy types: Home, condo, renters
Availability: Most states
Standout: Optional coverages

Best for high-value homes

Travelers

AM Best: A++ (verify current)

Best for high-value and green homes

Good for higher-value homes
Green-home rebuild coverage

4.0 / 5

Visit Travelers

Official site · opens in a new tab

Travelers offers strong coverage for higher-value homes and green-home rebuild options, plus discounts for newer or protected homes. It bundles well with auto and has top financial strength.

Also worth knowing

Discounts for protective devices
Top-tier financial strength

Cons

Average customer satisfaction
Fewer digital features
Availability varies by state

AM Best: A++ (verify current)
Policy types: Home, condo, renters
Availability: Most states
Standout: High-value homes

Side by side

Home and renters insurers compared at a glance
#	Service	Best for	Rating	AM Best	Policy types	Availability
1	Amica	Best for customer satisfaction	4.6 / 5	A+ (verify current)	Home, condo, renters	Most states
2	State Farm	Best for agent support	4.5 / 5	A++ (verify current)	Home, condo, renters	Most states
3	Allstate	Best for discounts and bundling	4.2 / 5	A+ (verify current)	Home, condo, renters	Most states
4	USAA	Best for military families	4.7 / 5	A++ (verify current)	Home, condo, renters	Military families only
5	Lemonade	Best for renters and digital claims	4.1 / 5	Not rated (reinsured)	Renters, condo, home	Many states
6	Nationwide	Best for optional coverages	4.0 / 5	A+ (verify current)	Home, condo, renters	Most states
7	Travelers	Best for high-value and green homes	4.0 / 5	A++ (verify current)	Home, condo, renters	Most states

Ratings are TheSavvyAmericans editorial scores based on the criteria in the methodology section below, not user reviews or paid placements. Features and pricing change often, so confirm the current details on each provider’s official site before you sign up.

Important: A standard homeowners or renters policy excludes flood damage, which requires separate coverage through the National Flood Insurance Program or a private flood insurer. Earthquakes are usually excluded too. Insure for rebuild cost, not market value, and take a few minutes to review your policy limits every year, because construction costs move and a stale limit can leave you short.

Advertising disclosure: TheSavvyAmericans may receive compensation when you apply for or open a product through links on this page. This does not influence our editorial evaluations. Products are reviewed using a documented methodology. Learn how we make money.

Key takeaways

1Our top pick for service is Amica, but the best choice really depends on what you value: State Farm leads for agent support, and Lemonade for a fast, fully digital renters experience.
2Here is the gap that catches people out: standard home and renters policies do not cover flood, and they often exclude earthquakes too. Those need separate coverage, period.
3Insure your home for its rebuild cost, not its market value, the two can differ a lot, and choose replacement-cost coverage for your belongings wherever you can.
4Premiums lean heavily on location, rebuild cost, roof age and claims history, so compare identical coverage and actually gather quotes rather than guessing.

How we picked and scored these insurers

Financial strength: the insurer’s rated ability to pay claims.
Claims and service: reputation for handling claims fairly and quickly.
Coverage: standard protections plus useful add-ons like replacement cost and water backup.
Discounts: bundling, protective-device, new-home and claims-free savings.
Availability and access: where they write policies and how you reach support.

Good to know: These ratings are editorial assessments, not user reviews. Premiums and financial-strength grades change, so get quotes and verify current ratings before you buy.

What standard policies do not cover

A standard home or renters policy covers a lot of perils, which lulls people into assuming it covers everything. It does not. A few big ones are excluded and need separate coverage.

Flood: not covered by standard policies. Buy separate flood insurance through the National Flood Insurance Program or a private insurer, especially in flood-prone areas.
Earthquake: usually excluded and available as a separate policy or endorsement.
Maintenance and wear: gradual damage, mold from neglect and pest infestations are generally not covered.
High-value items: jewelry, art and collectibles often exceed sub-limits and need a scheduled endorsement.

Good to know: Two things worth getting right: insure your home for its rebuild cost, which can differ a lot from its market value, and choose replacement-cost coverage for belongings so a claim does not pay you only the depreciated value of your stuff.

Frequently asked questions

How much homeowners insurance do I need?

Enough to rebuild your home at current construction costs, which is often quite different from its market value or what you paid. Add enough personal-property coverage for your belongings (replacement cost beats actual cash value) and liability coverage to protect your assets. And revisit that rebuild figure each year, because costs drift.

Does homeowners or renters insurance cover flooding?

No, and this one trips up a lot of homeowners. Standard policies exclude flood damage. You need a separate flood policy through the National Flood Insurance Program or a private flood insurer. It matters even outside high-risk zones, since a surprising share of flood claims come from lower-risk areas.

Is renters insurance worth it?

Usually yes, and it is one of the easier calls in insurance. Renters insurance is cheap and covers your belongings, liability if someone is hurt in your home, and living expenses if you are displaced. Remember that your landlord's policy covers the building, not your possessions, so the cost is almost always worth it.

What raises or lowers my home insurance premium?

Location and weather risk, your home's rebuild cost and age, roof condition, claims history and coverage choices all push the price around. You can pull it down by bundling with auto, raising your deductible, adding protective devices and staying claims-free. Either way, compare quotes with matching coverage.

Explore more in Insurance

Head back to the hub to see every guide and comparison we are building in this category, plus the decisions each one helps you make.

Visit the Insurance hub How we make money

The 7 best home and renters insurance companies

The 7 best home and renters insurance companies

Amica

State Farm

Allstate

USAA

Lemonade

Nationwide

Travelers

Side by side

Key takeaways

How we picked and scored these insurers

What standard policies do not cover

Frequently asked questions

Keep reading

Explore more in Insurance