If you own a home, then you need homeowners insurance.
And if you watch TV, chances are you’ve been inundated with commercials for various companies (some advertise more aggressively than others).
While you may love a company’s spokesperson (or spokesanimal) or have a favorite commerical or jingle, according to thebalance.com, it’s a good idea to shop around for the best price and policy value, customer service, claims services, and financial strength.
Here are the top-rated five companies for each category (web sites are only listed once).
Price and Policy Value (are you getting the coverage you need at an affordable price?):
• USAA (usaa.com)
• Country Insurance (countryfinancial.com)
• Amica Mutual (amica.com)
• Auto Owner's Insurance (auto-owners.com)
• Erie Insurance Group (erieinsurance.com)
Customer Service (how well does the company respond to your needs?):
• Amica Mutual
• USAA
• Erie Insurance Group
• Cincinnati Insurance (cinfin.com)
• Nationwide (nationwide.com)
Financial Strength (is the company financially secure and able to pay claims and stay in business?):
• Progressive (progressive.com)
• Erie Insurance Group
• Allstate (allstate.com)
• Country Insurance
• Amica Mutual
Claims Services (how effectively and efficiently does the company handle the entire claims process, from submission to payment?):
• USAA
• Amica Mutual
• Country Insurance
• Auto Owner's Insurance
• American Family (amfam.com)
So, if you need homeowners insurance or are thinking about switching companies, take the time to do some research and get the best insurance for your home.
