The 5 Best New York Homeowners Insurance Companies

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Home to one of the world’s largest cities as well as over 36,000 farms, New York is a diverse state of skyscrapers and silos, with varied insurance needs. While the average annual premium for homeowners insurance in New York State is pretty pricey — $1,158 compared to the national average of $1,034 — shopping around will help guarantee that you receive the best price and coverage for your needs. Take a look at some of the best homeowners insurance companies in New York outlined below to determine which is the best fit for your home, and use the quote tool below to get accurate estimates and comparisons.

Find the Best Home Insurance Rates

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Amica Mutual

Named “Highest in Customer Satisfaction Among National Homeowner Insurance for 13 Years in a Row” by J.D. Power & Associates and given an A++ rating for financial strength and issuer credit by A.M. Best, Amica is winning over the state of New York as one of the most popular insurance companies for homeowners.

Their policy provides coverage for any unforeseen damage to your home as well as liability protection from claims made against you. This coverage stays with you when you’re away from home and will provide any temporary repairs necessary to prevent further damage from occurring.

Amica also has flexible additional coverage options that are tailored for your budget and situation. Rate reductions and discount options are available for combining policies, higher deductibles, alarm systems, and claim-free policies. Their award-winning customer service representatives can walk you through specific discounts you may be eligible for.

Allstate

Allstate holds one of the largest shares of home insurance companies in the U.S., and with good reason. Allstate offers customizable coverage options, multiple discounts, and helpful online educational tools to answer any questions you may have regarding your insurance policy.

Exclusive Allstate resources, such as the Premium Gauge tool, which shows you how your home insurance premium would be affected by different variable factors, as well as multiple calculator tools, make Allstate an easily navigable and user-friendly provider. Browse through their website and see if you qualify for one of their many discounts, such as those for new customers, new homes, or retirees.

Travelers

Travelers home insurance in New York is well-rated, affordable, and reliable provider. The company received an A+ A.M. Best score for financial strength, an AA (very strong) rating from S&P, and has an average 4.3 out of 5 stars for customer satisfaction based on annual customer complaint data, placing them among the best insurance providers.

Travelers offers many ways to save — policyholders can save up to 15% on home insurance if they have more than one policy with the company, with additional discounts given to those who install protective devices such as smoke detectors and alarms. Plus, Travelers’ gives a 5% discount for certified ‘green’ home, which is good for the environment, your monthly homeowners insurance payments, and your taxes.

Liberty Mutual

When it comes to the number of discounts available to policyholders, Liberty Mutual is one of the leading competitors for homeowners insurance in New York. Among these are discounts for having multiple policies through Liberty Mutual, not filing a claim for an extended period of time, belonging to certain businesses and organizations that are part of Liberty Mutual’s group savings network, and having newly purchased or renovated a home.

For a complete list of discount options, check out Liberty Mutual’s website, which also provides exclusive resources and tips for saving money and getting the maximum benefit from your home insurance policy.

Liberty Mutual also provides a mobile app that comes in handy for regular upkeep and in the event of an emergency. You can use the app to take pictures of damage, upload receipts, report claims, and track progress on existing claims without having to jump through hoops.

Nationwide

Nationwide is a popular choice for homeowners insurance in New York because it provides coverage options that are unique to the unpredictable weather in the Northeast that may damage your home, as well as unpredicted events too often experienced by city dwellers such as theft or burglary. The company offers brand-new replacement items for belongings that have been compromised or stolen, as well as an easy-to-use claims reporting service that allows you to recover from disaster quickly and efficiently.

Nationwide has competitive rates and offers discounts of up to 20% for insurance bundling. Plus, they have a partnership with Plenti, which lets you earn points and save just for paying your premium on time. With a 5-star rating by J.D. Power & Associates as well as an A+ from A.M. Best, you can safely say that Nationwide really is on your side.

The 5 Best New York Homeowners Insurance Companies

  • Amica Mutual
  • Allstate
  • Travelers
  • Liberty Mutual
  • Nationwide

Find the Best Home Insurance Rates

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

For more information on homeowner’s insurance, check out our Guide to Home Insurance as well as our top overall picks for the Best Home Insurance for 2016.