Compare Home Insurance Quotes

We help you get the right policy at the right price.

We know buying homeowners insurance is a major decision.

Finding the right homeowners insurance company for you can be overwhelming. We’re here to provide you with the practical tools and insights you need to make an informed comparison between homeowners insurance companies and quotes.

How to compare homeowners insurance companies

Whether you want to switch companies to save money, purchase homeowners insurance for your first house or are just window-shopping, comparing companies is a great way to get your best rates and coverage. We know that companies can begin looking the same the more quotes you get. The table below summarizes some high-level differences.

Company Market share 2019 J.D. Power overall satisfaction (higher is better) 2019 NAIC Complaint Index (lower is better)
State Farm 18% 4/5 0.38
Liberty Mutual 7% 2/5 0.70
USAA 6% 5/5 0.28
Farmers 6% 3/5 0.37
Travelers 4% 2/5 0.50
American Family 4% 3/5 0.40
Nationwide 3% 2/5 0.47
Chubb 3% 2/5 0.17
Erie 2% 5/5 0.29
Auto-Owners 2% 4/5 0.27
Progressive 1% 3/5 0.86
AIG 1% 2/5 0.14
Universal Property Insurance 1% - 6.90
MetLife 1% 2/5 0.44

Bosses Insurance connects you with licensed agents from the top home insurance companies in the U.S., making comparison shopping easy.

See how much you can save when companies compete for your business.

Providers Include

Esurance Logo American Family Insurance Logo State Farm Insurance

How to compare homeowners insurance quotes

Home insurance companies determine your quote using many factors. The price in the quote you receive is the result of multiple coverage limits and policy details. That means you should consider more than the final price on the quote: one company may have higher monthly premiums, but you also may get more coverage for the price.

For example, a quote will have a dwelling coverage amount, which is the maximum reimbursement a home insurance company will provide if your home must be rebuilt. One company may quote you $150,000, while another quotes you $180,000. When comparing the final quote price between these two companies, remember that one provides more dwelling coverage than the other.

Because homeowners insurance policies are standardized, coverage won't vary very much between companies. Although coverage doesn’t differ much, some parts of a quote can change greatly between companies. For example:

  • Coverage limits (the maximum amount the company will pay out)
  • Type of replacement (RC vs. ACV)
  • Deductible amounts
  • Additional coverages and endorsements

There are six coverages in a standard HO-3 homeowners insurance policy, and they each have their own coverage limit.

Homeowners insurance coverages
Coverage Typical coverage limit What it covers (in a nutshell)
Dwelling Cost to rebuild your home Your home
Other structures 10% of dwelling The other buildings on your property, like a garage
Personal property 50% of dwelling Your belongings
Loss of use 20% of dwelling Extra living expenses if you temporarily cannot remain in your home
Personal liability $100,000 Legal and settlement costs if you are sued and found liable
Medical payments to others $5,000 Medical expenses if a guest is injured on your property

Your dwelling, other structures and personal property coverages will also include a type of replacement, either replacement cost (RC) or actual cash value (ACV).

RC: Replacement Cost

Replacement cost policies reimburse you based on the cost to completely replace a damaged item. For example, if you lose your living room couch in a fire, an RC policy will reimburse you enough money to purchase a new couch.

ACV: Actual Cash Value

Actual cash value policies reimburse you based on the value of the item at the time of loss, with depreciation factored in. So, if that same couch is lost in a fire and you have an ACV policy, you'll receive a substantially lower settlement that reflects the value of the used couch.

Different coverages in your policy can be RC or ACV. It's common for dwelling coverage to be RC and property coverage to be ACV.  

There are a few deductibles you might see on your policy. These include a policy deductible, and also special deductibles, like a wind, hail or hurricane deductible depending on where you live. That means the amount you have to pay out of pocket can change depending on the damage.

An example of comparing home insurance quotes

Using a comparison website like Bosses Insurance lets you get multiple quotes, empowering you to choose the policy that's right for you. As an example, we made up two imaginary policies, which are described in part below.

  Policy A Policy B
Monthly premium $ $$$
Dwelling coverage $150,000 $200,000
Personal liability coverage $100,000 $300,000
Wind deductible $1,000 $250
Property replacement policy ACV RC

The two policies have different monthly premiums—Policy A is cheaper than Policy B. But how does the coverage compare?

Policy B provides more liability protection than Policy A. That means if you reach your liability limit of $100,000 with Policy A, you could be responsible for any additional out-of-pocket costs. Similarly, Policy B's dwelling coverage limit is higher, meaning your home's structure is protected for a larger amount.  

There's also the wind deductible to consider: you could be out of pocket $1,000 for Policy A, but only $250 for Policy B after a loss due to wind. This difference could easily negate any policy savings you got by going with Policy A.

Lastly, consider the property replacement type. For Policy A, you'll receive actual cash value after a loss, meaning you'll have to pay out-of-pocket to completely replace the item. The replacement cost with Policy B, on the other hand, means your insurance company will reimburse you the cost to replace your belongings after a loss.

Bulb icon

The final cost of your homeowners insurance policy doesn't matter if you aren't receiving the coverage you need. Even if one company has lower monthly premiums, what if it doesn't fully cover you after a loss? That's why we recommend comparing price and the quote coverage limits.

Questions to ask the insurance company about your quote

Asking the right questions can help you better understand your quote options and make an informed decision. But it's not always clear what questions to ask, so here are a few questions to ask yourself and the insurance companies when you're comparing quotes.

Questions to ask about a quote

  • Are my belongings covered by RC or ACV?
  • Are there special deductibles (for example: wind, hail, hurricane)?
  • Are there any more discounts I'm eligible for?
  • Are there specific coverage exclusions?

Questions to ask yourself

  • Do I have sufficient personal property protection to cover all my belongings?
  • Do I own anything which will exceed policy limits, like jewelry?
  • Do I have enough personal liability protection to protect my assets?
  • Do I value an online experience or having a dedicated agent?
Reminder icon

Don't forget:

Homeowners insurance policies usually do not cover floods or earthquakes.

How much does homeowners insurance cost?

What you can expect to pay in your state.

The average cost of homeowners insurance in the U.S. is $1,215 a year, according to our comprehensive study of the average cost of homeowners insurance. The table below can help you ballpark how much your neighbors pay and whether you're overpaying with your current insurer.

Average US yearly
rate in 2020:

Average cost of homeowners insurance: where are costs rising fastest?
State Average premium 10-year rate increase
Alabama $1,351 58%
Alaska $1,141 11%
Arizona $927 30%
Arkansas $1,292 80%
California $1,684 9%
Colorado $1,832 81%
Connecticut $1,610 59%
Delaware $760 49%
Florida $1,809 27%
Georgia $1,157 75%
Hawaii $1,135 30%
Idaho $838 73%
Illinois $1,096 51%
Indiana $916 55%
Iowa $1,008 58%
Kansas $1,668 75%
Kentucky $1,234 92%
Louisiana $1,607 41%
Maine $809 48%
Maryland $1,198 50%
Massachusetts $1,617 45%
Michigan $968 31%
Minnesota $1,481 69%
Mississippi $1,203 51%
Missouri $1,424 77%
Montana $1,321 68%
Nebraska $1,791 84%
Nevada $836 9%
New Hampshire $917 39%
New Jersey $1,161 54%
New Mexico $1,180 52%
New York $1,243 40%
North Carolina $1,049 61%
North Dakota $1,323 63%
Ohio $872 60%
Oklahoma $2,058 79%
Oregon $663 36%
Pennsylvania $945 35%
Rhode Island $1,489 63%
South Carolina $1,328 57%
South Dakota $1,241 94%
Tennessee $1,233 65%
Texas $1,954 31%
Utah $783 37%
Vermont $771 30%
Virginia $1,051 46%
Washington $956 69%
West Virginia $958 46%
Wisconsin $786 59%
Wyoming $1,076 76%
U.S. average $1,215 47%
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. Rate increases were calculated using NAIC data.

Our data shows homeowners insurance rates increase anywhere from $8 to $91 a year. If your rates recently increased more than your state average, it may be time to consider switching companies.

Homeowners insurance covers many natural disasters, meaning states at higher risk for natural disasters have higher rates. So Florida's hurricanes, Oklahoma's tornadoes and California's wildfires contribute to their expensive premiums.

It's possible that you can find cheaper coverage than you currently have with another carrier. That's why even if you are happy with your current home insurance company, shopping around can't hurt.

Compare rates from the top insurers in the U.S., all in one place

Your Home Insurance Rates Depend on Where You Live

Premiums vary depending on your state, city, and even your street. Find out how much home insurance costs in your neck of the woods, and what you can do to save money.

Compare homeowners insurance rates for:

See All States

Frequently asked questions

Q: Is homeowners insurance required?

A: Home insurance is not required by law. If you have a mortgage, however, lenders can require insurance as a condition of your loan.

Q: How do I compare homeowners insurance quotes?

A: Comparing home insurance quotes is about more than price because coverage can vary between companies. Our guide can walk you through the process of getting multiple quotes so you can find the best rates and coverage for you.

Q: What does home insurance cover?

A: Home insurance covers your home and belongings, and provides valuable liability coverage, among other protections.  

Q: How much does home insurance cost?

A: Our national study found that the average cost of homeowners insurance is $1,215. Check out our state averages to see where your state ranks.

Why Bosses Insurance

  • With our service, home insurance agents compete for your business so you get the best deal.
  • We are not affiliated with any home insurance company.
  • We’ve been doing this since 2006 and have connected over 50 million people to better rates.
  • We are successful because we care about creating a great experience.

Featured in

MSN logo Forbes Logo Business Insider Logo CNBC Logo


Our in-house homeowners insurance experts use data sources including the U.S. Census Bureau, FEMA, the U.S. Department of Veterans Affairs, Standard & Poor’s Global Market Intelligence and various state insurance regulation offices.

This guide on comparing homeowners insurance quotes is the product of decades of combined experience in the insurance industry and represents what Bosses Insurance deems to be the most effective way to purchase the best home insurance for you and get your best rates. 

Explore More Homeowners Insurance Guides