The Top Home Insurance Companies in the US
0
0
Contents
Introduction
When you own a home, it’s important to have the right insurance. While you might assume that every insurance company will offer similar coverage and rates, that isn’t necessarily the case. Homeowners should compare policies from different companies before deciding on an insurer for their home. Each company has its own pros and cons, so it’s important to weigh them when choosing the best company for your needs. Here are my top picks for homeowners insurance:
State Farm
State Farm is the largest home insurance company in the US, with more than 30,000 agents and more than 15,000 offices across 49 states. It has been around for over 80 years and has a good reputation for customer service.
State Farm offers many types of policies: homeowners’ insurance, renters’ insurance and commercial property coverage (business owners can get both residential and business coverage under one policy). The company also sells auto insurance policies through its affiliate State Farm Mutual Automobile Insurance Company (The General).
Liberty Mutual
Liberty Mutual is one of the biggest home insurance companies in the US, with over 50,000 employees and a presence in all 50 states. They were founded in 1912 by Arthur J. Warren and John A. Russell.
The company has since grown to become one of America’s leading providers of auto insurance, homeowners’ insurance and other financial services products such as life insurance policies (for example).
Allstate
Allstate is the second largest home insurance company in the US, as well as being second to State Farm for auto insurance. Allstate’s “Good Hands” reputation for customer service and paying claims quickly has made it one of the most popular choices among consumers who want their money’s worth when it comes to protecting their homes and families.
Nationwide
Nationwide is a large and well-established insurance company. In fact, it’s one of the biggest home insurers in the US. Nationwide Mutual Insurance Company (Nationwide) was founded in 1925 and has grown to become one of America’s leading providers of personal auto and homeowners insurance.
Nationwide offers a range of products for home owners including:
- Homeowner’s policies – These provide coverage against losses caused by fire or smoke damage, theft or vandalism, windstorms/hailstones/tornadoes, flooding (including rising water), earthquakes or volcanic activity.*
- Renters’ policies – These provide coverage against losses caused by fire or smoke damage, theft or vandalism as well as liability protection if someone is injured on your property while visiting you.*
- Condo policies – These provide similar coverage options but also include additional protections such as loss assessment protection which helps cover any increase in condo fees due to damages caused by an insured event.*
- Mobile home owner policies – Similar benefits as standard housing owner policies; however there may be different deductibles depending on whether your mobile home was built before 1980 (the year when most states began requiring manufacturers’ labels on appliances).
Farmers Insurance Group
Farmers Insurance Group is a subsidiary of Zurich Financial Services, which is one of the largest global insurance companies. With over 15,000 employees and more than 1,000 offices in the US alone, Farmers Insurance Group stands out as one of the most popular home insurance companies in America.
Since its founding in 1928 by C.L. “Tate” Collins and Lon W. Shaver (who later became Governor), Farmers has grown exponentially to become one of the largest insurance providers in America today.
Conclusion
These are the top home insurance companies in the US. We hope this list helps you find a great policy for your home or condo.
