8 Best Homeowner Insurance Companies for January 2023

Part of choosing the right home insurance comes from knowing which companies are best to work with. Depending on where you live and what type of homeowners insurance you need, you have several different options to choose from. There are big-name companies like State Farm and Nationwide, as well as smaller companies like Erie, Amica, Hippo, and others. Of course, it’s not really the size of the company that matters, but what they have to offer.

Here are eight of the best homeowners’ insurance companies that are starting 2023 off on the right foot:

1. Erie Insurance

Homeowners’ in the Midwest and Mid-Atlantic states have likely heard of this company. They’re known for offering reliable home insurance policies for people with an array of coverage options and plenty of affordable policies. Although policyholders can’t file claims online, the phone support is excellent, and they even have water backup coverage and identity protection solutions.

2. Farmers Insurance

Farmers is a company that started as an agricultural insurance provider (hence the name), but today they are one of the most popular insurance companies out there. They are particularly favored because of all of the optional perks that they offer for homeowners’, as well as the discounts and customer service that ensure that people are always taken care of.

3. State Farm

State Farm doesn’t have as many discount programs as other insurers, but they do have a host of coverage options for home insurance. Most policies include extended replacement coverage at no additional cost and they can provide premium policy perks, too. There is a lot of online access for policyholders and a mobile app is available, but some needs will require a phone call.

4. American Family Insurance

Also known as AmFam, American Family Insurance is known for having a great consumer-first presence online. Although they’re focused on the Midwest, this company is on the top list because they have tons of ways for homeowners to get discounts, combine coverage, and protect their homes. They also have few complaints and are highly rated for their app, too.

5. NJM

Those who are living in one of the five states covered by NJM will find that their policies offer plenty of perks and value. NJM serves Ohio, Connecticut, Maryland, Pennsylvania, and New Jersey, and offers plenty of customization options for home insurance policies. They also have an impressive online platform that includes claims management resources for policyholders, making managing your insurance a breeze.

6. Hippo

Hippo is among a new generation of insurance providers, offering a user-first online experience with a range of coverage options. Although quotes are fast and free, policies aren’t available everywhere. Hippo is all about digital technology and protecting your home in the best ways possible. adding security systems and smart home features will earn a discount from this company, which also offers smart home monitoring and virtual maintenance advisors.

7. Nationwide

For all-around affordable coverage and protection, Nationwide makes the list of the best for 2023. They do not insure manufactured and mobile homes, but they do offer law/ordinance insurance in their standard policies. They also have a great customer experience, and the online portal makes claims management and policy management a breeze.

8. USAA

USAA is always worth a mention because it’s the preferred insurer of military members and veterans, for everything from home insurance to vehicle insurance and beyond. They have special offers and policies for veterans and those currently serving, and they are known for taking care of their own quite well. They offer all kinds of standard coverage that usually costs extra elsewhere, and they have great service.

There you have it—eight of the best home insurance companies for the start of 2023. Which one is right for you? Get your quotes now and see.