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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Compare home insurance quotes

Comparing home insurance quotes can help you see which policy and carrier fits your needs. Here’s a step-by-step process breaking it all down.

Updated Nov 17, 2022
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Compare homeowners insurance quotes by company

There are hundreds of home insurance companies on the market, which can make it confusing to know where to start. One of the first considerations when shopping for home insurance coverage may be the price of a policy and how much coverage you need. In the United States, the average cost of a homeowners policy is $1,383 per year for $250,000 in dwelling coverage. Your homeowners insurance rates will vary based on a number of factors, including the replacement value of your home, your claims history and what company you choose.

Because every property insurer has a different rating system for your home and personal property, you may want to compare homeowners insurance rates from several different providers to find the best rate for the coverage you need. Additionally, you may need more or less coverage than our standard $250,000 dwelling limit used as our base profile. We’ve included average rates across a range of coverage levels for the largest companies by market share in the country, to help you get a sense of how they compare. Each company on this list was included in the 2022 J.D. Power U.S. Home Insurance Study, and each received an AM Best financial strength rating of “excellent” or “superior.”

Caret Down
Allstate
Rating: 3.9 stars out of 5
3.9
Bankrate Score
Info Hover for more
J.D. Power
815
/1,000
Average monthly premium
$108
Average annual premium
$1,300
American Family
Rating: 4.1 stars out of 5
4.1
Bankrate Score
Info Hover for more
J.D. Power
842
/1,000
Average monthly premium
$92
Average annual premium
$1,105
Chubb
Rating: 4.4 stars out of 5
4.4
Bankrate Score
Info Hover for more
J.D. Power
809
/1,000
Average monthly premium
$147
Average annual premium
$1,763
Erie
Rating: 4.6 stars out of 5
4.6
Bankrate Score
Info Hover for more
J.D. Power
827
/1,000
Average monthly premium
$80
Average annual premium
$959
Farmers
Rating: 3.8 stars out of 5
3.8
Bankrate Score
Info Hover for more
J.D. Power
813
/1,000
Average monthly premium
$135
Average annual premium
$1,617
Nationwide
Rating: 4.1 stars out of 5
4.1
Bankrate Score
Info Hover for more
J.D. Power
816
/1,000
Average monthly premium
$90
Average annual premium
$1,075
Progressive
Rating: 3.7 stars out of 5
3.7
Bankrate Score
Info Hover for more
J.D. Power
801
/1,000
Average monthly premium
$88
Average annual premium
$1,061
State Farm
Rating: 4.7 stars out of 5
4.7
Bankrate Score
Info Hover for more
J.D. Power
829
/1,000
Average monthly premium
$113
Average annual premium
$1,360
Travelers
Rating: 3.7 stars out of 5
3.7
Bankrate Score
Info Hover for more
J.D. Power
794
/1,000
Average monthly premium
$100
Average annual premium
$1,202
USAA
Rating: 4.8 stars out of 5
4.8
Bankrate Score
Info Hover for more
J.D. Power
884
/1,000
Average monthly premium
$82
Average annual premium
$978
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Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Allstate
Rating: 3.9 stars out of 5
3.9
Bankrate Score
Info Hover for more
J.D. Power
815
/1,000
Monthly premium for $350k coverage
$151
Annual premium for $350k coverage
$1,817
American Family
Rating: 4.1 stars out of 5
4.1
Bankrate Score
Info Hover for more
J.D. Power
842
/1,000
Monthly premium for $350k coverage
$119
Annual premium for $350k coverage
$1,427
Chubb
Rating: 4.4 stars out of 5
4.4
Bankrate Score
Info Hover for more
J.D. Power
809
/1,000
Monthly premium for $350k coverage
$205
Annual premium for $350k coverage
$2,454
Erie
Rating: 4.6 stars out of 5
4.6
Bankrate Score
Info Hover for more
J.D. Power
827
/1,000
Monthly premium for $350k coverage
$112
Annual premium for $350k coverage
$1,347
Farmers
Rating: 3.8 stars out of 5
3.8
Bankrate Score
Info Hover for more
J.D. Power
813
/1,000
Monthly premium for $350k coverage
$187
Annual premium for $350k coverage
$2,240
Nationwide
Rating: 4.1 stars out of 5
4.1
Bankrate Score
Info Hover for more
J.D. Power
816
/1,000
Monthly premium for $350k coverage
$125
Annual premium for $350k coverage
$1,504
Progressive
Rating: 3.7 stars out of 5
3.7
Bankrate Score
Info Hover for more
J.D. Power
801
/1,000
Monthly premium for $350k coverage
$128
Annual premium for $350k coverage
$1,536
State Farm
Rating: 4.7 stars out of 5
4.7
Bankrate Score
Info Hover for more
J.D. Power
829
/1,000
Monthly premium for $350k coverage
$144
Annual premium for $350k coverage
$1,725
Travelers
Rating: 3.7 stars out of 5
3.7
Bankrate Score
Info Hover for more
J.D. Power
794
/1,000
Monthly premium for $350k coverage
$138
Annual premium for $350k coverage
$1,660
USAA
Rating: 4.8 stars out of 5
4.8
Bankrate Score
Info Hover for more
J.D. Power
884
/1,000
Monthly premium for $350k coverage
$104
Annual premium for $350k coverage
$1,243
Powered by Coverage.com (NPN: 19966249)
Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Allstate
Rating: 3.9 stars out of 5
3.9
Bankrate Score
Info Hover for more
J.D. Power
815
/1,000
Monthly premium for $450k coverage
$188
Annual premium for $450k coverage
$2,259
American Family
Rating: 4.1 stars out of 5
4.1
Bankrate Score
Info Hover for more
J.D. Power
842
/1,000
Monthly premium for $450k coverage
$143
Annual premium for $450k coverage
$1,711
Chubb
Rating: 4.4 stars out of 5
4.4
Bankrate Score
Info Hover for more
J.D. Power
809
/1,000
Monthly premium for $450k coverage
$254
Annual premium for $450k coverage
$3,045
Erie
Rating: 4.6 stars out of 5
4.6
Bankrate Score
Info Hover for more
J.D. Power
827
/1,000
Monthly premium for $450k coverage
$141
Annual premium for $450k coverage
$1,697
Farmers
Rating: 3.8 stars out of 5
3.8
Bankrate Score
Info Hover for more
J.D. Power
813
/1,000
Monthly premium for $450k coverage
$237
Annual premium for $450k coverage
$2,845
Nationwide
Rating: 4.1 stars out of 5
4.1
Bankrate Score
Info Hover for more
J.D. Power
816
/1,000
Monthly premium for $450k coverage
$156
Annual premium for $450k coverage
$1,869
Progressive
Rating: 3.7 stars out of 5
3.7
Bankrate Score
Info Hover for more
J.D. Power
801
/1,000
Monthly premium for $450k coverage
$159
Annual premium for $450k coverage
$1,906
State Farm
Rating: 4.7 stars out of 5
4.7
Bankrate Score
Info Hover for more
J.D. Power
829
/1,000
Monthly premium for $450k coverage
$179
Annual premium for $450k coverage
$2,143
Travelers
Rating: 3.7 stars out of 5
3.7
Bankrate Score
Info Hover for more
J.D. Power
794
/1,000
Monthly premium for $450k coverage
$172
Annual premium for $450k coverage
$2,063
USAA
Rating: 4.8 stars out of 5
4.8
Bankrate Score
Info Hover for more
J.D. Power
884
/1,000
Monthly premium for $450k coverage
$123
Annual premium for $450k coverage
$1,480
Powered by Coverage.com (NPN: 19966249)
Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Allstate
Rating: 3.9 stars out of 5
3.9
Bankrate Score
Info Hover for more
J.D. Power
815
/1,000
Monthly premium for $750k coverage
$267
Annual premium for $750k coverage
$3,208
American Family
Rating: 4.1 stars out of 5
4.1
Bankrate Score
Info Hover for more
J.D. Power
842
/1,000
Monthly premium for $750k coverage
$192
Annual premium for $750k coverage
$2,306
Chubb
Rating: 4.4 stars out of 5
4.4
Bankrate Score
Info Hover for more
J.D. Power
809
/1,000
Monthly premium for $750k coverage
$359
Annual premium for $750k coverage
$4,307
Erie
Rating: 4.6 stars out of 5
4.6
Bankrate Score
Info Hover for more
J.D. Power
827
/1,000
Monthly premium for $750k coverage
$182
Annual premium for $750k coverage
$2,180
Farmers
Rating: 3.8 stars out of 5
3.8
Bankrate Score
Info Hover for more
J.D. Power
813
/1,000
Monthly premium for $750k coverage
$354
Annual premium for $750k coverage
$4,253
Nationwide
Rating: 4.1 stars out of 5
4.1
Bankrate Score
Info Hover for more
J.D. Power
816
/1,000
Monthly premium for $750k coverage
$231
Annual premium for $750k coverage
$2,773
Progressive
Rating: 3.7 stars out of 5
3.7
Bankrate Score
Info Hover for more
J.D. Power
801
/1,000
Monthly premium for $750k coverage
N/A
Annual premium for $750k coverage
N/A
State Farm
Rating: 4.7 stars out of 5
4.7
Bankrate Score
Info Hover for more
J.D. Power
829
/1,000
Monthly premium for $750k coverage
$245
Annual premium for $750k coverage
$2,945
Travelers
Rating: 3.7 stars out of 5
3.7
Bankrate Score
Info Hover for more
J.D. Power
794
/1,000
Monthly premium for $750k coverage
$255
Annual premium for $750k coverage
$3,061
USAA
Rating: 4.8 stars out of 5
4.8
Bankrate Score
Info Hover for more
J.D. Power
884
/1,000
Monthly premium for $750k coverage
$170
Annual premium for $750k coverage
$2,045
Powered by Coverage.com (NPN: 19966249)
Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Home insurance company reviews

  • Allstate: You may save some money by insuring your home with Allstate, but overall, this company is very close to the national average regarding its own average annual premiums. Instead, Allstate could be a good choice for those who need specialized add-ons, such as coverage for your sports equipment or business property. Allstates does, however, have more than the average amount of customer complaints, according to the NAIC. With that in mind, it may be helpful to ask friends or family currently insured with Allstate to describe their experience as a policyholder.
  • American Family: Also known as AmFam, American Family’s average annual premiums are considerably lower than the national average. This may be in part to this company’s generous savings opportunities, including a generational discount for policyholders aged 18 to 30 whose parents are also American Family members, and a discount for renovated homes. You could even get a discount on an ADT system and other smart home devices if you’re an American Family policyholder. This company, however, isn’t available in all states, so your eligibility may vary.
  • Chubb: Based on our proprietary rate data provided by Quadrant Information Services, Chubb has higher-than-average annual premiums for their homeowners insurance. These higher rates may make sense, as Chubb is known for providing insurance for high-value homes. As such, many add-ons that may be optional with other companies come standard with Chubb, including extended replacement cost coverage. However, note that Chubb scored lower-than-average for overall customer satisfaction in the 2021 J.D. Power Home Insurance Study.
  • Erie: According to our research, Erie has some of the cheapest average homeowners insurance rates in states where it’s available. It also commonly offers Guaranteed Replacement Cost coverage, which gives homeowners the total cost to rebuild their home, regardless of the dwelling limit listed on their policy. Another perk that helps Erie stand apart is its pet coverage — while most providers exclude birds and fish, Erie offers up to $500 in coverage for animals, birds and fish included. However, Erie is only available in 12 states, so a homeowners insurance policy through Erie may not be an option for you.
  • Farmers: With three packages available (Standard, Enhanced and Premier), Farmers could be an excellent option for people purchasing their first homeowners policy. However, homeowners who want add-ons needn’t worry; modifying these packages to tailor them for your specific needs is possible. It is important to know that Farmers isn’t available in every state and they’re among the most expensive companies on our list, on average. Still, this company may be worth considering for people looking for a streamlined process when purchasing a homeowners insurance policy.
  • Nationwide: Nationwide is one of the cheapest homeowners insurance companies on our list on average and offers desirable add-ons such as Better Roof Replacement, which will replace your roof with higher quality materials in the event of a covered claim. Nationwide may not be ideal for you if you’re more concerned with customer service than price, since it scored lower-than-average in customer satisfaction, according to J.D. Power. It also has a higher-than-average rate of customer complaints per the NAIC.
  • Progressive: Progressive could be one of the best homeowners insurance companies for those looking to bundle, based on our research. You can save up to 4% through a bundling discount on your Progressive car insurance if you carry your homeowners insurance with the company. Progressive homeowners insurance is only available in 40 states, and their coverage options and add-ons are somewhat limited, but this could still be a great option for people looking for the ease of placing your auto and home with the same company. They also have some of the lowest average homeowners rates of the companies we analyzed.
  • State Farm: With its high customer satisfaction rating and superior financial strength, it may be no surprise that State Farm made our annual list of best homeowners insurance companies in 2022’s Bankrate Awards. State Farm is also the largest homeowners insurance company in the country by market share, although they don’t offer homeowners in Massachusetts or Rhode Island. Additionally, State Farm’s average premium for homeowners insurance is marginally higher than the national average. Still, this cost may be worth it for people who value service and in-person agents. State Farm was named one of the best in homeowners insurance in 2022’s Bankrate Awards.
  • Travelers: Out of all the companies we analyzed, Travelers scored the lowest in overall customer satisfaction in J.D. Power’s 2021 U.S. Home Insurance Study. Even so, if you own an environmentally-friendly home, Travelers could offer cheap house insurance through a green home discount. With this program, you could be eligible for up to a hefty 5% discount if you’ve received a “green home” certification from the Leadership Energy and Environmental Design (LEED) organization. Overall, Travelers homeowners insurance quotes come in cheaper on average than many others we studied, so they could be worth a call if you’re on a budget.
  • USAA: USAA is best known for its military-focused coverage, inexpensive premiums, and high customer service ratings. Although it technically cannot be rated due to eligibility restrictions, USAA earned an astounding 882/1000 in J.D. Power’s 2021 Home Insurance study — the highest score of all the companies included. USAA also quoted the second lowest average homeowners insurance premium for 250K dwelling coverage, according to our proprietary rate data. However, USAA has strict eligibility requirements: you must be an active, retired or separated military member, and if you’re no longer active, you must have an honorable discharge. Military family members may qualify, too.

When in doubt, working with a licensed insurance agent can be incredibly helpful. An agent can help guide you when choosing coverage and policy features.

How to compare home insurance quotes

Getting home insurance quotes from several insurers is one of the best ways to compare rates, coverage options, discounts and other policy features. And while reviewing quotes with an eye toward saving money can be a good financial strategy, it’s best to look at more than just price. Other aspects of your policy can be just as important as the premium, and ensuring that you have proper coverage could mean sidestepping financial strain if you have to file a claim. To compare home insurance quotes, take the following tips into account:

  1. Think about your needs: What are you looking for from a company? Do you value highly-rated customer service? Do you need certain coverage options? Do you want a company that has local agencies? Knowing what you want and need can help you narrow down your choices.
  2. Get quotes from several companies: Once you know what you are looking for in a company, you can request quotes from several home insurance providers that might fit your needs. When you compare insurance quotes, be sure to analyze more than just the price. Look at the coverage options, policy features and third-party company reviews as well.
  3. Review each quote for accuracy: Review the documentation you receive to make sure each home insurance quote is accurate and that the quotes are as similar as possible. Although your coverage amounts may vary based on each company’s valuation tool, ensuring that you get quotes for as similar coverage levels as possible can help you more equally compare your options.
  4. Use Bankrate Scores to compare home insurance strengths: Our proprietary Bankrate Score, weighed on a scale from 0.0 to 5.0, provides a quick look at the quality of products and services that each home insurance company offers. Our Bankrate Scores combine third-party ratings, average rates provided by Quadrant Information Services and digital tool availability into one convenient metric. To make sure you’re getting the best quality for your budget and needs, you can use our Bankrate Score to quickly assess how providers stack up in key aspects of the market.

What you’ll need to get a home insurance quote

If you’re in the market for a new policy, you’ll need to start by getting a quote for homeowners insurance. Home insurance quotes aren’t hard to obtain, but you should know what information you’ll need so you can make sure you have it available.

Whether online or from an insurance agent, getting homeowners insurance quotes is not difficult. However, it does take a little time, and you’ll need to provide certain information to get the most accurate quote possible:

  • Personal details: You will need to provide your name and date of birth to get a quote. If you own your home with a spouse, family member or anyone else, you will also need to provide their information.
  • Property details: A carrier will need your address, including your ZIP code. Companies might be able to look up additional information, but you may want to be prepared with your home’s construction year, the age of the roof and other home systems, like your HVAC, and details of any custom features.
  • Coverage needs: An insurer will review your insurance history as a homeowner, possibly including who your most recent insurer was (if you have been insured before) and the details of that policy, including your policy limits. Although you can typically adjust your coverage options, property insurers will want to know some details about your previous policy to further assess your risk, including any endorsements you had and any claims filed on your property.

What risks does my home insurance policy cover?

The types of risks that your home insurance policy covers depends on its type. Understanding the differences in these policy types, represented by the letters “HO” followed by a number, might help you choose the home insurance quote option that best fits your needs. However, many homeowners insurance companies only sell HO-3 and HO-5 policies for single-family homes.

To understand the differences between various policy types, you need to understand a bit about how insurance perils are covered. Named peril coverage only covers your home and belongings for the risks specifically named in the policy, such as fire, theft and vandalism. Open perils coverage means that anything not specifically excluded is covered. Open perils coverage provides financial protection from a broader range of situations.

In addition to a policy having named or open perils coverage, you may have the option to choose between actual cash value and replacement cost value coverage for your dwelling and personal property. Below is a table showing several home insurance policy types and what kind of perils are covered for each policy form.

Policy type Dwelling Other structures Personal property Policy summary
[HO-1](https://www.bankrate.com/insurance/homeowners-insurance/ho1/) Named perils Named perils Named perils Only covers 10 named perils. Not offered by many companies due to limited coverage
[HO-2](https://www.bankrate.com/insurance/homeowners-insurance/ho2/) Named perils Named perils Named perils Covers 16 named perils. Also not frequently offered by property insurers.
[HO-3](https://www.bankrate.com/insurance/homeowners-insurance/ho3/) Open perils Open perils Named perils Most commonly selected home insurance form by policyholders
[HO-5](https://www.bankrate.com/insurance/homeowners-insurance/ho5/) Open perils Open perils Open perils Broadest home insurance coverage available

What homeowners insurance coverage is required in my state?

Unlike car insurance, home insurance isn’t required by law. However, you may be required by your financial institution to have an active insurance policy if you have a mortgage or lien on your home. Still, even if you’ve paid off your home or paid for it in cash, a homeowners insurance policy could be a smart financial move. If your home is damaged by a covered loss, the insurance policy could step in to repair your home so that you wouldn’t have to pay for the full cost out of pocket.

Compare home insurance quotes by state

Homeowners insurance rates vary significantly by state. The most expensive state on average for home insurance is Oklahoma at $3,593 per year, and the cheapest state for home insurance is Hawaii, at $378 per year. Even if the cost of home insurance is higher than average in your state, you may be able to find more affordable rates by comparing home owner insurance quotes and looking for discounts that apply to you.

Average home insurance cost by state

The average annual home insurance premium for a home with a dwelling coverage amount of $250,000.

Home insurance coverage for other kinds of property

Depending on the type of home you have and how it’s used, there’s a specific type of property insurance policy you can purchase. These include:

  • Renters insurance: If you rent your home, you won’t need to insure the structure of your home. Instead, renters insurance steps in to provide coverage for your personal belongings, as well as personal liability and some loss of use coverage.
  • Landlord insurance: As a landlord, this type of policy will insure your property’s structure and, most importantly, provide personal liability and wrongful eviction coverage. Check your policy documents or speak with your agent to learn more about the specifics of your coverage.
  • Condominium insurance: As a condo owner, you’re responsible for the interior of your unit, instead of the entire building. This type of policy provides that, along with insurance for your belongings and personal liability.
  • Mobile and manufactured homes: This type of property insurance is for mobile and manufactured homes, which comes with its own specific coverage. Importantly, most mobile and manufactured homes typically do not cover any damage while in-transit.

How to insure your home in 4 steps

Shopping for home insurance can be relatively simple. Depending on your needs and specific preferences, it may require more research and comparison, but in most cases, insuring your home will follow these steps:

  1. Request quotes from home insurance companies. After you’ve decided which companies you want to consider, you can request a home insurance quote from each one. Compare the standard coverage in the quotes, such as dwelling, personal property and liability, and speak with each representative or agent if you have any questions.
  2. Make adjustments if needed. After speaking with multiple experts and resources, you may decide that you want a higher dwelling amount, more personal liability coverage or to add a unique optional coverage. By now, you may have also narrowed down your list of carriers to the top few, so you can go back to each carrier to request a revised quote based on your specifications or ask what unique coverage add-ons can be included.
  3. Make a payment. Once you’ve decided which company you want to go with, all that’s needed to start coverage on your home is to make a payment. You can also provide your mortgage information at this point, and tell the insurance company if the payments will be coming from your financial institution.
  4. Cancel your existing home insurance policy (if you have one). Once you have the new policy documents in hand, you can safely cancel your current home insurance. You can check with your current home insurance company on what the cancellation procedures are, and if you need to provide anything in writing to ensure you don’t have duplicate coverage.

3 tips and tricks to keep your home safe

Even though home insurance helps with insuring your home against specific perils, it’s important to also maintain your home to avoid any unnecessary claims. Here are a few tips that you could use to help keep your home safe:

  1. Install home security devices. This could include fire and burglar alarms, as well as subscribing to a home monitoring service. A bonus is that having these in your home could make you eligible for additional home insurance discounts.
  2. Maintain the exterior of your home. This includes clearing away debris and cutting down branches and trees that may fall on your home. If you live in an area that’s prone to storms or fires, you may also want to ensure your outdoor furniture is cleared away or bolted down so that it doesn’t damage your home. Additionally, if you have cracked pavement or uneven stairs, this would be something to fix so that no one is injured when visiting your home.
  3. Replace your roof if needed. Most insurance companies will ask you about the age of your roof when creating your home insurance quote. Depending on the type and material of your roof, you may need to replace it more regularly. If you’re unsure, you can check with a local contractor or your insurance agent on best practices for replacing the roof.

Frequently asked questions

Written by
June Sham
Insurance Writer

June Sham is an insurance writer for Bankrate. Before joining the team, she worked for nearly three years as a licensed producer writing auto, property, umbrella and earthquake policies.

Edited by Insurance Editor
Reviewed by Director of corporate communications, Insurance Information Institute