The best in home insurance

For the second year in a row, USAA earned a Bankrate Award for best overall home insurance company, despite only being available to military members and qualifying family members. USAA offers a winning combination of low average rates, superior AM Best financial strength, several coverage options, discounts and a high customer satisfaction score from J.D. Power (although it doesn’t qualify for official ranking due to its eligibility restrictions).

Allstate offers a network of local agents, as well as helpful online tools and unique coverage options, that set it apart from the competition. Shoppers looking for a personalized policy might want to consider Allstate. The company offers endorsements, including HostAdvantage (for policyholders who home share), green improvement reimbursement, electronic data recovery and coverage for sports equipment.

Lemonade is shaking up the insurance industry by offering a uniquely AI-driven platform. Claims can be filed in the Lemonade mobile app and are assessed by AI. If your claim is approved through AI, it could be paid in just seconds. A team of adjusters handles claims that AI technology can’t process. Lemonade’s home insurance rates include a flat fee to cover business expenses, with any extra going toward the company’s claims expenses. Lemonade is also a Certified B Corporation, which means that giving back is integrated into its business model.

Auto-Owners offers low average rates for most homeowners in the 26 states where it is available. On top of its cheap coverage, Auto-Owners has a long list of discounts that may help you save even more. Price isn’t everything, though, even when you’re looking for cheap home insurance. Auto-Owners offers a long list of optional coverage types to help you build a policy that fits your lifestyle.

Chubb could be a standout option if you own a high-value or luxury home. The company offers several unique features that could help high-net-worth clients get the coverage they need. Risk Consulting, for example, allows a trained Chubb professional to come to your home and assess your coverage needs, while the HomeScan tool may help you detect leaks and faulty wiring before they can cause damage.