8 Largest US Home Insurance Companies Compared for 2026

Which are the largest home insurance companies in the US in 2026?

The eight largest US homeowners insurers by 2025 direct premiums written are State Farm, Allstate, USAA, Liberty Mutual, Farmers, American Family, Travelers and Chubb.  Together they wrote about $110 billion, or 58% of the $188.95 billion market, according to the National Association of Insurance Commissioners (NAIC), the group of state insurance regulators.  AM Best, the agency that grades insurer financial strength, confirms the same top eight order and reports 9.1% market growth in 2025. 

The matrix puts all eight side by side. Order follows premium volume, not quality or price.

Sources: {s:2|NAIC via StatRanker}, {s:3|AM Best}, {s:5|J.D. Power via Insurance.com}, {s:6|Insurance.com}, {s:7|Insurify}, {s:17|Insurance News Net}, {s:18|ValuePenguin}. J.D. Power study average is 644. *USAA is not rank-eligible; its score is shown for reference. State Farm’s A+ is for State Farm Fire and Casualty, the homeowners underwriter; the parent group is A++. Premiums: $300,000 dwelling, $300,000 liability, $1,000 deductible, good credit, September 2026. IC = Insurance.com.

How did we pick and compare these home insurers?

What changed in home insurance in 2026?

Premium growth is cooling but not reversing.  Insurify projected in March 2026 that the average US premium would rise 4% this year to about $3,057, after a 12% jump in 2025.  J.D. Power released its 2026 home study on September 15, with Amica first at 680, Erie second at 678 and Chubb third at 676.  State Farm still describes its California pause on new homeowners policies as in place. 

Which of the 8 largest home insurers fits your home?

Each profile uses the same fields: key numbers, a US example, features, availability, and a best-for and skip-if verdict.

1. State Farm: Is the largest home insurer also the best value?

Verdict: A mid-priced, high-volume insurer with above-average satisfaction, but closed to new California homeowners business.

2025 premiums: $35.27 billion, 18.67% share, up 12.1%.  

AM Best: A+ for State Farm Fire and Casualty.  

J.D. Power: 665 overall (average 644) and 690 claims (average 702).  

Complaint ratio: 0.72.  

Sample premium: $2,536 (Insurance.com) and $2,760 (Insurify), September 2026. 

US example: In Texas, U.S. News put State Farm at $3,693 a year for $300,000 of dwelling coverage, $856 below Allstate’s $4,549 and $3,003 below Travelers’ $6,696. 

Standout and availability: Inflation guard coverage raises limits as rebuilding costs climb.  State Farm General has paused new California homeowners policies, and U.S. News also lists Rhode Island and Massachusetts as closed to new business. 

Best for: buyers outside California who want an agent-led experience and a first quote from the market’s biggest writer. 

Skip if: claims handling ranks first for you, since 690 sits 12 points under the 702 average.

2. Allstate: Is the lowest national average worth lower satisfaction scores?

Verdict: Often the cheapest of the big four on national averages, with below-average satisfaction and the weakest claims score of the eight.

2025 premiums: $17.77 billion, 9.40% share, up 14.7%, the fastest growth among the top five.  

AM Best: A+.  

J.D. Power: 638 overall (average 644) and 672 claims (average 702).  

Complaint ratio: 1.34.  

Sample premium: $2,279 and $2,448, September 2026. 

US example: Allstate wins nationally but not everywhere: in the Texas analysis it averaged $4,549, $856 (23.2%) above State Farm. 

Standout and availability: Flood coverage through the National Flood Insurance Program and the private insurer Beyond Floods.  Allstate writes in 49 states and Washington, D.C., but is not writing new California homeowners policies, and coastal Florida applicants may not qualify. 

Best for: price-first shoppers in states where Allstate files low rates. 

Skip if: claims satisfaction decides it; 672 was the lowest claims score among the eight.

3. USAA: Does the highest score matter if you cannot join?

Verdict: The strongest numbers in the group, open only to the military community.

2025 premiums: $13.26 billion, 7.01% share, up 11.3%.  

AM Best: A++.  

J.D. Power: 741 overall (average 644) and 757 claims (average 702), both reported outside the official rankings because USAA is not rank-eligible.  

Complaint ratio: 0.38, the lowest of the eight.  

Sample premium: $2,260 and $1,980, September 2026. 

US example: In Texas, U.S. News listed USAA at $2,254 for $300,000 of dwelling coverage, $1,439 below State Farm. 

Availability: Policies are limited to active military, veterans, some federal employees and their families. 

Best for: eligible households, who should price it first. 

Skip if: you are not eligible, because membership rules decide, not price.

4. Liberty Mutual: Why do its claims and overall scores disagree?

Verdict: A strong claims scorer with weak overall satisfaction and no published national average premium.

2025 premiums: $10.40 billion, 5.50% share, down 2.0%, the only top-10 homeowners writer to shrink.  

AM Best: A.  

J.D. Power: 608 overall (average 644, includes former Safeco) and 722 claims (average 702).  

Complaint ratio: 1.43.  

Sample premium: not listed in the Insurance.com or Insurify company tables. 

US example: The 114-point gap between its claims score (722) and overall score (608) is the widest of the eight.  Against State Farm, it trails by 57 points overall (608 vs 665). 

Availability: NerdWallet counts 45 states plus Washington, D.C. 

Best for: buyers who weigh claims handling above day-to-day service. 

Skip if: overall satisfaction and complaint levels weigh heavily, since both trail the other big names.

5. Farmers: Which complaint number should you trust?

Verdict: Mid-to-high priced, below average on both J.D. Power studies, with conflicting complaint signals.

2025 premiums: $10.31 billion, 5.46% share, up 8.3%.  

AM Best: A.  

J.D. Power: 615 overall (average 644) and 691 claims (average 702).  

Complaint ratio: 1.67, the highest of the eight on the MCAS measure.  NerdWallet’s February 2026 review, built on NAIC complaint data, says complaints are fewer than expected.  

Sample premium: $2,989 and $2,712, September 2026. 

US example: A $300,000 home averaged $710 more at Farmers than at Allstate in Insurance.com’s data and $264 more in Insurify’s. 

Standout and availability: NerdWallet points to many discounts and less common coverage options.  Farmers sells homeowners coverage in about 41 states. 

Best for: buyers who want add-on coverage options in a Farmers state. 

Skip if: price or J.D. Power scores lead your decision.

6. American Family: Why does its national average swing so widely?

Verdict: Above-average overall satisfaction, but a 19-state footprint makes any national average premium unreliable.

2025 premiums: $9.72 billion, 5.14% share.  

AM Best: A.  

J.D. Power: 656 overall (average 644) and 700 claims (average 702).  

Complaint ratio: 0.84.  

Sample premium: $3,677 (Insurance.com) and $2,148 (Insurify), September 2026. 

US example: The two datasets differ by $1,529 (71%) on its average premium, the widest split of any insurer here.  A 19-state carrier’s “national” average mostly reflects each dataset’s state weights. 

Availability: American Family operates in 19 states despite ranking sixth by homeowners premium volume. 

Best for: homeowners inside its states who put overall satisfaction first. 

Skip if: you live outside its footprint or need a price benchmark before you request quotes.

7. Travelers: Is an A++ rating enough to offset mixed service scores?

Verdict: A top financial rating and mid-range average price, held back by below-average satisfaction.

2025 premiums: $8.62 billion, 4.56% share.  

AM Best: A++.  

J.D. Power: 614 overall (average 644) and 700 claims (average 702).  

Complaint ratio: 0.91.  

Sample premium: $2,594 and $2,460, September 2026. 

US example: In Texas, U.S. News put Travelers at $6,696 for $300,000 of dwelling coverage, nearly three times USAA’s $2,254.  National averages hide swings like that. 

Availability: NAIC complaint data covers Travelers homeowners business in 49 states. 

Best for: buyers who want an A++ rated insurer at a mid-range national price. 

Skip if: your state looks like the Texas example, or overall satisfaction is your first filter.

8. Chubb: Is the best customer experience worth the highest sample price?

Verdict: The best customer-experience scores of the eight among rank-eligible insurers, at the highest sample price.

2025 premiums: $4.71 billion, 2.49% share.  

AM Best: A++.  

J.D. Power: 676 overall (third among ranked insurers) and 744 claims (third).  

Complaint ratio: 0.67.  

Sample premium: $3,612 (Insurify only), September 2026. 

US example: On a $300,000 dwelling, Insurify’s average for Chubb is $852 above State Farm and $1,164 above Allstate.  Insurance.com notes Chubb caters largely to high-value homes, so this benchmark understates its niche. 

Availability: NAIC complaint data covers Chubb homeowners business in all 50 states. 

Best for: higher-value homes and owners who rate claims experience above price. 

Skip if: you have a standard $300,000 home and price decides.

What about newer digital insurers like Lemonade?

Lemonade Inc. Group ranked 47th in 2025 homeowners premiums with $517.0 million, a 0.27% share, far below the eight above.  It does not appear among the ranked insurers in the 2026 J.D. Power home study table reviewed here.  Treat it as a digital-first option to price alongside the big names.

How do claims, complaints and availability compare side by side?

Claims scores, complaint ratios and state footprints matter most once you file a claim. The table adds each insurer’s gap to the 2026 claims average of 702.

Sources: {s:5|J.D. Power via Insurance.com}, {s:9|PlainInsurer}, {s:11|State Farm}, {s:12|U.S. News}, {s:14|NerdWallet}, {s:16|CoverageCat}, {s:17|Insurance News Net}. *USAA is not rank-eligible. Complaint ratios are as of August 2026 for each insurer’s homeowners entity; lower is better.

What do the numbers show that the rankings do not?

Three FinanceDevil takeaways emerge when the datasets are read together. No single source states them.

• “Cheapest” is a moving label. Allstate beats State Farm by $257 in Insurance.com’s data and $312 in Insurify’s. NerdWallet’s $400,000 profile flips it, with State Farm $300 below Allstate ($2,415 vs $2,715), and in Texas State Farm is $856 cheaper.  The gap between the two names is smaller than the swing a different state or profile creates. 
• Narrow footprints distort averages. National carriers stay close across datasets: Travelers differs by $134 and Allstate by $169. American Family differs by $1,529 because its 19 states carry different weights in each dataset.  Treat such averages as a rough guide. 
• Size and service point in different directions. The top eight hold 58% of premiums, yet four of the seven rank-eligible insurers (Allstate, Farmers, Travelers, Liberty Mutual) score below J.D. Power’s 644 overall average.  Claims tell a different story: only Chubb (+42) and Liberty Mutual (+20) beat the 702 claims average. 

How much can switching insurers or raising your deductible save?

Take a homeowner with $300,000 of dwelling coverage who pays Insurify’s State Farm average of $2,760 a year. Moving to Allstate’s $2,448 average saves $312 in year one. Insurify’s all-company data also shows premiums falling from $2,417 at a $1,000 deductible to $2,055 at $5,000, a 15.0% drop.  Applying that 15.0% to Allstate gives about $2,081 a year, or $679 less than the State Farm baseline. 

Illustrative math from sample averages, not quotes.  The 4% annual growth rate is Insurify’s projected 2026 increase. 

The catch is exposure. A $5,000 deductible adds $4,000 of out-of-pocket risk for about $367 a year in savings, so it takes roughly 11 claim-free years to recoup one extra $4,000 hit. Homeowners with a thin emergency fund should weigh that first. Insurance is also part of monthly housing cost, so include it in the FinanceDevil Mortgage Calculator.

Which states break the national pattern?

• Florida and Hawaii: Insurance.com’s September 2026 average for $300,000 of dwelling coverage is $8,471 in Florida against $738 in Hawaii, partly because standard Hawaii policies do not cover hurricane damage. Nebraska ($5,513) and Colorado ($5,511) follow.  The national average is $2,872. 
• Texas: The state average is $5,003, and insurers spread widely: USAA $2,254, State Farm $3,693, Allstate $4,549 and Travelers $6,696 for the same $300,000 dwelling and $100,000 liability profile. 
• California: State Farm says most of the top 12 California homeowners insurers have paused or limited new policies since 2022, and Allstate is not writing new homeowners policies there either.  Status changes often, so confirm with the insurer or a licensed agent. 

Frequently asked questions about the largest home insurance companies

Which is the largest home insurance company in the US?

State Farm is the largest US homeowners insurer, writing $35.27 billion in direct premiums in 2025 for an 18.67% market share, according to the NAIC table. Allstate is second at 9.40% and USAA third at 7.01%.  Those shares measure premium dollars, not the number of insured homes. 

Which large insurer has the cheapest homeowners insurance in 2026?

Among State Farm, Allstate, Travelers and Farmers, Allstate had the lowest average in Insurance.com ($2,279) and Insurify ($2,448) data for $300,000 of dwelling coverage in September 2026.  NerdWallet’s $400,000 profile ranked State Farm cheapest, so the answer depends on your state and home. 

Which home insurance company has the best customer satisfaction in 2026?

Amica ranked first in J.D. Power’s 2026 study with 680 of 1,000, followed by Erie (678) and Chubb (676). Among the eight largest insurers, Chubb leads the ranked group, and USAA scored 741 but is not rank-eligible.  The study average was 644. 

Which big insurer handles claims best?

In J.D. Power’s 2026 claims study, Amica scored 773, The Hartford 756 and Chubb 744. Among the eight largest insurers, Chubb leads, followed by Liberty Mutual at 722. USAA scored 757 but is not ranked.  Allstate had the lowest score of the eight at 672, against an average of 702. 

Is State Farm still writing homeowners policies in California?

Not broadly, as of the latest sources reviewed in October 2026. State Farm General says it has paused new homeowners policies in California, while it continues to service existing customers. Allstate is also not writing new California homeowners policies, according to U.S. News.  Check current status with a California-licensed agent. 

How much is homeowners insurance on average in 2026?

Insurance.com puts the national average at $2,872 a year for $300,000 of dwelling coverage, and Insurify at $2,808 for the same amount. NerdWallet reports $2,490 for $400,000 of dwelling coverage, so profile differences explain much of the gap.  Florida is the most expensive state at $8,471. 

Why are home insurance premiums still rising?

Insurify projects a 4% rise in 2026 after 12% in 2025. Insurance.com attributes increases to higher rebuilding costs, more severe weather, insurers retreating from high-risk areas, and past rates that did not cover losses.  Increases appear at renewal, so many homeowners have not yet seen the full effect. 

What does a low complaint ratio mean for home insurance?

A complaint ratio compares an insurer’s share of regulator-recorded complaints with its share of premiums, so lower is better. In the PlainInsurer data used here, USAA is lowest at 0.38 and Farmers highest at 1.67.  Different methods can disagree, so check the NAIC Consumer Information Source for your state. 

Does bundling home and auto insurance lower the price?

Often, yes. NerdWallet calls a home and auto bundling discount one of the most common, though savings vary by insurer and state. Price the bundle and separate policies, and re-compare at each renewal, because splitting carriers is sometimes cheaper. FinanceDevil’s comparison of the 10 biggest US car insurers shows the auto side. 

What AM Best rating should I look for in a home insurer?

AM Best rates an insurer’s ability to pay claims, from A++ (Superior) down. All eight companies here are rated A to A++. State Farm’s homeowners underwriter is A+, while Travelers, Chubb and USAA are A++.  Confirm the rating of the specific legal entity on your policy. 

Do mortgage lenders require homeowners insurance?

Most lenders require homeowners coverage on a financed home and verify it before closing, so proof of a policy is part of approval. This matters most when buying or refinancing. FinanceDevil’s guide on the 7 things lenders check before approving your refinance explains where insurance fits.

Sources

1. NAIC, “2025 Market Share Reports for Property/Casualty Groups and Companies” (homeowners multiple peril line). 
2. StatRanker, “U.S. Homeowners Insurance Market Share 2025: Top 100 Companies by Direct Premiums Written” (NAIC table compilation, updated October 3, 2026). 
3. AM Best, “Best’s Rankings: US Homeowners Multiperil Direct Premiums Up 9.1% in 2025” (June 18, 2026). 
4. J.D. Power, “Home Insurance Affordability Pressure Raises the Stakes for Customer Trust,” 2026 U.S. Home Insurance Study release (September 15, 2026). 
5. Insurance.com, “J.D. Power’s best and worst homeowners insurance companies for claims and customer satisfaction in 2026” (September 18, 2026). 
6. Insurance.com, “Average home insurance cost: How much is home insurance in 2026?” (September 21, 2026).
7. Insurify, “Average Cost of Homeowners Insurance (2026)” (updated September 30, 2026). 
8. NerdWallet, “The Average Home Insurance Cost in the U.S. for 2026” (updated May 6, 2026). 
9. PlainInsurer, “Worst & Best Homeowners Insurance Companies by Complaints” (NAIC MCAS data, August 11, 2026). 
10. Insurify, “Insurify Projects Average Home Insurance Price Will Climb 4% in 2026, After Jumping 12% in 2025” (PR Newswire, March 2026). 
11. State Farm Newsroom, “State Farm and the California Insurance Marketplace“. 
12. U.S. News & World Report, “Allstate vs. State Farm Homeowners Insurance in 2026“. 
13. U.S. News & World Report, “Best Homeowners Insurance in Texas for 2026“. 
14. NerdWallet, “Liberty Mutual Homeowners Insurance Review 2026” (February 20, 2026). 
15. NerdWallet, “Farmers Homeowners Insurance Review 2026” (February 20, 2026). 
16. CoverageCat, “Farmers Insurance Review [Updated 2026]” (August 13, 2026). 
17. Insurance News Net, “Best home insurance companies for 2026” (AM Best ratings and American Family footprint). 
18. ValuePenguin, “Largest Homeowners Insurance Companies in the U.S.” (AM Best ratings). 

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