Your home is one of your largest and most meaningful investments, so choosing the best homeowners insurance available to you makes sense. Naturally, you’ll want a good price — but you also want the right mix of coverage from a company that can afford to pay your claim if disaster strikes. Reliable customer service is a plus, too.

To narrow down our list of the best homeowners insurance companies, we looked at customer complaint data, consumer experience and financial strength. We also assessed each insurer's coverage options and discounts.

Based on these factors, here are our top home insurance companies for 2023.

Why you can trust NerdWallet: Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our coverage so you can choose the insurance policy that works best for you. These carrier ratings are specific to home insurance — a company's rating for other products may be different on our website. See our criteria for evaluating homeowners insurance companies.

The best home insurance companies of 2023
All of the home insurance companies listed below scored at least 4.5 out of 5 stars. Hundreds of insurers compete for your business, often selling very similar products, so it’s smart to compare home insurance quotes from a few before making a decision.

Company

NerdWallet rating

Chubb

5.0NerdWallet rating 
Erie

5.0NerdWallet rating 
Farmers

5.0NerdWallet rating 
NJM

5.0NerdWallet rating 
State Farm

5.0NerdWallet rating 
American Family

4.5NerdWallet rating 
Amica

4.5NerdWallet rating 
Cincinnati Insurance

4.5NerdWallet rating 
Country Financial

4.5NerdWallet rating 
Frankenmuth

4.5NerdWallet rating 
Hippo

4.5NerdWallet rating 
The Hanover

4.5NerdWallet rating 
Kin

4.5NerdWallet rating 
Nationwide

4.5NerdWallet rating 
Travelers

4.5NerdWallet rating 
Vermont Mutual

4.5NerdWallet rating 
USAA*

5.0NerdWallet rating 
*USAA homeowners insurance is available only to active military, veterans and their families.

Note: Not all insurers are available in all states.

How we ranked the best homeowners insurance companies
NerdWallet’s editorial team considered coverage options, discounts, complaint data from the National Association of Insurance Commissioners, financial strength grades from AM Best and more to determine the best homeowners insurance companies.

Our rating system rewards companies with many coverage options and discounts, a low number of consumer complaints and a strong financial rating. Within the consumer experience category, we looked at features such as online quotes and claim reporting. To calculate each insurer’s rating, we adjusted the scores to a curved 5-point scale.

These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you.

Best homeowners insurance companies: Pros and cons
Below are the companies that earned a perfect 5-star rating under NerdWallet’s scoring system. Learn more about our top home insurance companies by reading the brief summaries below and checking out our comprehensive reviews.

Jump to:

Chubb: Best for high-value homes

Erie: Best for homeowners in the Mid-Atlantic or Midwest

Farmers: Best for optional perks

NJM: Best small regional insurer

State Farm: Best for robust coverage

USAA: Best for military and veterans

BEST FOR HIGH-VALUE HOMES
insurance-product-card-logo
Chubb
5.0

NerdWallet rating 
Perks and high coverage limits for affluent homeowners.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
About average
Discounts
Great set of discounts
NAIC complaints
Far fewer than expected
Company overview: Chubb targets owners of expensive homes, tailoring much of its experience toward well-to-do clients. It offers a substantial number of coverage options, including atypical ones such as HomeScan, which helps uncover issues with your home that require attention before they can cause damage.

Chubb also offers extended replacement cost coverage for your dwelling and replacement value for your belongings as part of its standard policy — another unusual benefit for consumers. This means that if your home costs more than expected to rebuild after a covered disaster, Chubb will pay out more than your selected dwelling limit to help cover the cost. It also means that you’ll receive enough of a payout to buy brand-new replacements for your damaged belongings, rather than getting only their depreciated value.

Chubb has significantly fewer complaints to state regulators than expected for a company of its size, according to three years’ worth of data from the NAIC.

» Read the full review: Chubb home insurance

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BEST FOR HOMEOWNERS IN THE MID-ATLANTIC OR MIDWEST
insurance-product-card-logo
Erie
5.0

NerdWallet rating 
Serves homeowners in a dozen states and Washington, D.C.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
More than average
Discounts
Average set of discounts
NAIC complaints
Fewer than expected
Company overview: If you live in one of the states Erie serves, its policies are worth considering. In some locations, the company includes guaranteed replacement cost coverage in its standard policies. This means Erie will pay as much as necessary to rebuild your home if it’s destroyed, even if the amount is higher than your dwelling limit.

To further customize your policy, you can add options such as identity recovery, service line protection and water backup coverage. Discounts are available for bundling your homeowners insurance with another Erie policy or installing burglar or sprinkler systems.

Erie doesn’t offer as many online bells and whistles as some other insurers do. You’ll have to call an agent to get a quote, for instance, and you can’t file claims online. But if you prefer having a personal relationship with a local agent, the company might be a good fit.