{"id":312,"date":"2021-03-16T15:14:30","date_gmt":"2021-03-16T19:14:30","guid":{"rendered":"https:\/\/walletorama.com\/?p=312"},"modified":"2021-03-16T18:22:05","modified_gmt":"2021-03-16T22:22:05","slug":"best-insurance-companies","status":"publish","type":"post","link":"https:\/\/walletorama.com\/best-insurance-companies\/","title":{"rendered":"The 7 Best Home Insurance Companies [Reviewed]"},"content":{"rendered":"\n

Finding the best companies to handle your home insurance can be a taxing affair. After all, it involves researching loads of different companies for one that fits your preferences in terms of coverage, ratings, pricing, and more. You want companies that have the best current reviews from their customers too.  <\/p>\n\n\n\n

But homeowners insurance is anything but a luxury, and so you have got to have it for your home. It is likely that your home is the most valuable possession that you own, and protecting it from the potentially devastating consequences of loss should be a necessity.<\/p>\n\n\n\n

Homeowners insurance is unlikely to be compulsory where you live. But if you are financing your home through a mortgage, your financial lender is almost certainly going to require that you purchase home insurance.<\/p>\n\n\n\n

Like I said earlier, this can be a daunting process. But don\u2019t worry about it, we\u2019ve got your back. At Walletorama<\/a>, we are all about making these processes way easier. And that is why I have drawn up this list for you.<\/p>\n\n\n\n

It is the result of research carried out on a variety of criteria, such as coverage, average premium, reliable customer service, and others. But more on that later.<\/p>\n\n\n\n

What Does Home Insurance Cover?<\/h2>\n\n\n\n

Home insurance basically covers your home from the risk of damages to it in the future. It serves as a shield from the devastating loss that unforeseen damages can cause to your property.<\/p>\n\n\n\n

Home insurance covers a wide variety of risks. Countless events that can result in damage to your home include fire, smoke, vandalism, landslides, earthquakes, lightning, storms, riots, damage from aircraft, explosions, volcanic eruptions, falling objects, and many others. You may also suffer loss as a result of burglary or terrorism.<\/p>\n\n\n\n

The company or plan that you decide on may cover all or a fraction of these risks. Most regular home insurance policies will cover the loss or damage to your possessions, like furniture and clothes. They provide medical cover for the people present in the house when the event takes place.<\/p>\n\n\n\n

Home insurance comes in 8 different types, with some offering more coverage than the others. The different types range from HO-1 all the way to HO-8.<\/p>\n\n\n\n

HO-3 insurance policies are by far the most common. They are also called \u201cspecial form\u201d policies. HO-3 policies cover your home from all of the unforeseen damages listed above, apart from such damages as floods or earthquakes.<\/p>\n\n\n\n

The 7 Best Home Insurance Companies<\/h2>\n\n\n\n

This list will make choosing the best home insurance company for you from all the companies out there an easier task. All of the companies on this list were carefully selected after we carried out extensive research based on certain criteria.<\/p>\n\n\n\n

Short on time? Here are the best home insurance companies.<\/p>\n\n\n\n

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The 7 Best Home Insurance Companies in [year]<\/strong><\/td><\/tr>
Amica<\/td><\/tr>
Chubb<\/td><\/tr>
Lemonade<\/td><\/tr>
Allstate<\/td><\/tr>
USAA<\/td><\/tr>
Hippo<\/td><\/tr>
State Farm<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

Now let\u2019s look at each of them in a little more detail.<\/p>\n\n\n\n

1. Amica<\/h2>\n\n\n\n

Pros<\/strong>:<\/p>\n\n\n\n