Best Homeowners Insurance in New York (2024)

The best home insurance company in New York is State Farm, but your individual needs may differ. If cost is a priority, State Farm also stands out as the most affordable option in the state. However, for new homeowners, Nationwide offers targeted coverage.

Unless explicitly noted, our comparisons are based on a $100,000 dwelling coverage limit. The amount of dwelling coverage you need can significantly impact your premiums. MoneyGeek also analyzed the cheapest home insurance in New York if saving money is your main concern, regardless of service quality.

When it comes to homeowners insurance in New York, State Farm stands out as offering the best protection for your home.

• State Farm: MoneyGeek score of 90 out of 100 ($486 per year)
• Chubb: MoneyGeek score of 83 out of 100 ($784 per year)

With the variety of options in New York, companies extend a range of services and pricing that caters to different needs. Find the sweet spot where cost efficiency meets reliable service tailored to protect your home effectively.

The best home insurance in New York based on service quality is provided by Chubb. These top-rated providers stand out for their exceptional service quality in home insurance:

• Chubb: MoneyGeek score of 94 out of 100 ($784 per year)
• State Farm: MoneyGeek score of 74 out of 100 ($486 per year)

Valuing service quality in a home insurance provider means ensuring prompt and caring support when you need it most. Homeowners should seek providers that offer quick claims processing and helpful customer service.

For New Yorkers on a strict budget, State Farm offers outstanding affordable home insurance.

• State Farm: MoneyGeek score of 94 out of 100 ($486 per year)
• Main Street America Insurance: MoneyGeek score of 86 out of 100 ($475 per year)

State Farm is a leader in offering cheap solutions for home insurance. But remember that the lowest rates don't always equate to superior service. Availing of a home insurance policy isn't just about finding a rate below the average cost of home insurance in New York. Homeowners should seek a balance between a wallet-friendly premium and dependable service, such as in scenarios where rapid and efficient claims processing is essential after unexpected damage.

Main Street America Insurance stands out as the premier choice for homeowners in New York with expensive homes. These providers offer the best insurance options for residents needing $1 million in dwelling coverage.

• Main Street America Insurance: MoneyGeek score of 76 out of 100 ($2,757 per year)
• State Farm: MoneyGeek score of 74 out of 100 ($4,560 per year)

Main Street America Insurance provides exceptional value for those insuring more expensive homes. Given that higher coverage levels can lead to increased costs, finding a provider that delivers an excellent blend of cost-effectiveness and comprehensive coverage is essential.

Nationwide is the best provider of home insurance for new homes in New York. The competitors listed below are the finest for homeowners seeking $500K in dwelling coverage, offering the most value in the region.

• Nationwide: MoneyGeek score of 82 ($1,336 per year)
• Travelers: MoneyGeek score of 75 ($1,494 per year)

Nationwide stands out for delivering homeowners a superior equilibrium of cost efficiency and customer service. These strengths make it a go-to choice for many seeking reliable coverage for their new homes.

In New York, veterans and military families have a range of home insurance options, with State Farm leading with the highest MoneyGeek score. Its annual premium is $486.

• State Farm: MoneyGeek score of 90 out of 100 ($486 per year)
• Chubb: MoneyGeek score of 83 out of 100 ($784 per year)

Choosing the best homeowners insurance for veterans is crucial because it aligns with their unique lifestyle needs, including frequent moves and deployments, providing the peace of mind that their homes and possessions are secure.

Finding the best homeowners insurance entails selecting a provider that adeptly offers a harmonious balance of comprehensive coverage, exceptional customer service, and cost-effectiveness with reasonable premiums.

Your individual circumstances, assets, and risk profile are pivotal in determining the most suitable homeowners insurance policy for your needs. To assist you in navigating this decision, we have outlined a series of steps designed to guide you toward securing optimal homeowners protection.

Selecting the top homeowners insurance provider in New York hinges on your unique coverage needs and financial situation. Our answers to common questions will help you navigate the landscape of insurance options and find answers tailored to New Yorkers seeking the best protection for their homes.