High-Risk Homeowners Insurance Companies (2026)

High-risk home insurance covers properties that standard insurers decline or charge much more to insure. In our analysis, AIG, State Farm and Chubb are the best high-risk homeowners insurance companies.

Find out if you're overpaying for home insurance below.

Written by Mark Fitzpatrick

Updated: October 15, 2026

Advertising & Editorial Disclosure

Key Takeaways

AIG ranks first in MoneyGeek's analysis of high-risk homeowners insurance companies, with a 4.77 out of 5 overall score and the lowest annual premium among the providers we reviewed at $1,089 per year.

If you've already been denied by a standard carrier, start with an independent agent who specializes in high-risk properties before turning to surplus lines insurers or a state FAIR plan as a last resort.

Taking steps to reduce your risk profile before you apply, like replacing an aging roof or installing protective devices, can lower your premium and widen your pool of available insurers.

What is High-Risk Home Insurance?

High-risk homeowners insurance covers homes and policyholders that standard carriers decline or charge much higher rates to insure. It works the same way as a standard policy but is underwritten differently because the insurer is taking on more exposure than it would with a lower-risk property or policyholder.

Risk factors fall into two broad categories. Knowing which one applies to you changes how you shop.

Property-based risk comes from your home's location or condition. A house in a wildfire zone, a hurricane-prone coastal area or a flood plain is harder to insure because the probability of a large claim is higher. An aging roof, structural issues or a home with a swimming pool can push a property into the same category. Insurers don't treat these as personal failures; they're cost drivers that affect underwriting math.
Personal-based risk comes from your history as a policyholder or borrower. A poor credit score, multiple prior claims, owning a dog breed that insurers consider aggressive, or running a business from your home can all push you out of the standard market. Unlike property-based risk, some of these factors are improvable over time, and even modest changes can widen your pool of available insurers.

Because of the elevated risk, premiums are higher and some insurers may limit coverage options or decline to write a policy altogether. If private market options are exhausted, surplus lines carriers and state FAIR plans offer coverage as a last resort.

Best High-Risk Homeowners Insurance Companies


AIG	4.8 out of 5	$1,089	Wildfire- or hurricane-prone properties; lowest cost among our picks
State Farm	4.5 out of 5	$2,151	Broad state availability; homeowners with elevated liability exposure
Chubb	4.3 out of 5	$4,221	High-value properties that need the broadest protection available
Allstate	4.2 out of 5	$2,942	Storm-prone areas; homeowners seeking broad discounts with a national carrier
Nationwide	4.1 out of 5	$3,341	Aging or storm-damaged roofs; homeowners in multi-peril areas

AIG

MoneyGeek Rating

4.8/ 5

5/5Affordability

4.2/5Customer Experience

5/5Coverage Points

Average Annual Premium
$1,089

pros
- AIG's complimentary wildfire and hurricane mitigation services protect homeowners before damage occurs
- Rates scale more gradually at higher coverage levels than any other provider we reviewed, a more manageable cost path for high-value, high-risk properties
- AIG's coverage score of 5 out of 5 reflects broad protection, without the gaps that limit standard policies in disaster-prone areas
cons
- Discount programs aren't publicly listed, so budget-conscious high-risk homeowners can't estimate savings upfront
AIG is a top choice for high-risk homeowners in wildfire- or hurricane-prone areas. It offers complimentary mitigation services that most standard insurers won't include in a policy. With a 4.77 out of 5 overall MoneyGeek score and the lowest annual premium among the high-risk homeowners insurance providers we reviewed, it offers real value for homeowners who struggle to find affordable coverage elsewhere. AIG doesn't list its discount programs publicly, so reach out to an agent to explore your options.

State Farm

MoneyGeek Rating

4.5/ 5

4.7/5Affordability

4.3/5Customer Experience

4/5Coverage Points

Average Annual Premium
$2,151

pros
- Wind and wildfire mitigation discounts give high-risk homeowners concrete ways to reduce elevated premiums
- Water Backup add-on covers a common but often excluded peril in flood-adjacent high-risk areas
- 4.31 out of 5 customer experience score matters most when high-risk homeowners need to file claims
cons
- No longer issuing new policies in California
- No publicly available discount for homeowners with prior claims history
State Farm earns a 4.5 out of 5 overall MoneyGeek score and offers high-risk homeowners a rare combination of broad state availability and risk-specific discounts that directly address the factors driving up their premiums. Its umbrella insurance add-on is a fit for homeowners whose risk profile includes elevated liability exposure (e.g., pools, aggressive dog breeds or home-based businesses). It extends protection well beyond standard policy limits. At $2,151 per year, it's one of the more affordable high-risk home insurance options available to homeowners across most of the country.

Chubb

MoneyGeek Rating

4.3/ 5

4.2/5Affordability

4.6/5Customer Experience

4.4/5Coverage Points

Average Annual Premium
$4,221

pros
- Home Appliance and Equipment Breakdown Coverage protects high-risk older homes from costly system failures that standard policies usually exclude
- Wildfire Defense Services include property assessments and post-fire cleanup at no extra cost for homeowners in the highest-risk zones
cons
- Premiums nearly double between excellent and poor credit, a costly difference for high-risk homeowners whose credit is part of what's pushing them out of the standard market
- Highest annual premium among our picks at $4,221 per year
Chubb earns a 4.34 out of 5 overall MoneyGeek score. It stands out among high-risk homeowners insurance companies for its Wildfire Defense Services and Hurricane Protection add-ons, which tackle the two location-based risks most likely to make a property uninsurable through standard carriers. Its Extended Replacement Cost coverage keeps a total loss from leaving high-risk homeowners short on rebuilding funds. At $4,221 per year, it's the premium option in our analysis, best suited for high-value, high-risk properties that need the broadest protection available.

Allstate

MoneyGeek Rating

4.2/ 5

4.2/5Affordability

3.9/5Customer Experience

3.7/5Coverage Points

Average Annual Premium
$2,942

pros
- Windstorm Mitigation Discount gives high-risk homeowners in storm-prone areas a direct path to lower premiums through verified wind-resistant upgrades
- Scheduled Personal Property add-on protects high-value items at full replacement cost, coverage most high-risk homeowners with valuable possessions won't find in a standard policy
cons
- Customer experience score of 3.88 out of 5 is the weakest among the high-risk homeowners insurance providers we reviewed
Allstate scores 4.2 out of 5 overall in MoneyGeek's analysis. Its Protective Device and Windstorm Mitigation discounts give high-risk homeowners in storm-exposed areas direct savings for the upgrades that also reduce their risk profile. At $2,942 per year, it's a practical midrange option for high-risk homeowners who want broad discount availability with a national carrier.

Nationwide

MoneyGeek Rating

4.1/ 5

4.4/5Affordability

4.2/5Customer Experience

2.8/5Coverage Points

Average Annual Premium
$3,341

pros
- Flood Insurance add-on gives high-risk homeowners in flood-prone areas a single-provider solution for a peril most standard policies exclude
- Dwelling Replacement Cost add-on pays up to twice the dwelling limit, extra protection against total loss rebuilding shortfalls for high-risk homeowners in disaster-prone areas
cons
- Coverage score of 2.82 out of 5 is the lowest among all five high-risk homeowners insurance providers we reviewed
- Two prior claims push the annual premium to $4,320 per year, a steep increase for high-risk homeowners with an active claims history
Nationwide scores 4.11 out of 5 overall in MoneyGeek's analysis. Its combination of Better Roof Replacement® and Roof Rating Discount makes it particularly well-suited for high-risk homeowners whose primary exposure is an aging or storm-damaged roof. At $3,341 each year, Nationwide is best suited for high-risk homeowners in multi-peril areas who want disaster coverage options beyond what most standard policies offer.

*Note: The options mentioned above are only some of the possible coverages you may be eligible to receive with these major companies. The coverage available to you may vary.

WHY TRUST MONEYGEEK?

Each provider's overall MoneyGeek score weighs three factors. Affordability weighs the most, reflecting how competitive premiums are for a comparable high-risk profile. Customer experience covers complaint data, J.D. Power ratings, AM Best financial strength ratings and app feedback — which matters most when high-risk homeowners need to file a claim. Coverage points measure the range of add-ons and endorsements available, since a narrower set of options can leave high-risk homeowners with fewer ways to address their exposure. Read more about our home insurance methodology.

High-Risk Home Insurance Companies: Regional Options

If a national carrier won't cover your home, a regional high-risk homeowners insurance company may be a better fit. Regional insurers tailor coverage to local risks and the most common claims in your area, which can work in your favor when national options aren't available. That said, any carrier can still deny your application, so contact each one directly to confirm eligibility.

Florida, Texas and California homeowners face distinct coverage challenges. When standard homeowners insurance is difficult to obtain, several state-specific options may provide a viable alternative.

Florida faces frequent hurricanes and high-wind exposure that can cause serious structural damage. Several regional insurers with dedicated agents offer high-risk homeowners coverage in the state, including:

Universal Direct: An online quote automatically generates coverage recommendations based on the home's profile. A local agent can tailor the policy with optional add-ons like water backup, mechanical breakdown and debris removal.

Tower Hill: Serves homeowners at all coverage levels, with specific programs for high-value homes. A dedicated agent reviews the policy annually to keep coverage current.

United Home: Covers high-risk homes in five states, including Florida, with protection against hail, windstorms and hurricanes. Bundling auto and personal liability umbrella policies with the company may qualify the policyholder for additional discounts.

Citizens: When private market coverage is unavailable, Citizens works with high-risk homeowners to provide coverage outside the standard market.
Texas sees all types of natural disasters, from Gulf Coast hurricanes to inland flooding. Homes along the coast are especially vulnerable to hurricane damage and flooding, neither of which a standard home insurance policy covers.

If you need high-risk home insurance in Texas, consider these regional insurers:

Texas Farm Bureau: Offered only in Texas, the Texas Farm Bureau Company can work with you to get coverage anywhere in Texas. You can save money on your high-risk home insurance with discounts for alarm systems, dry fire hydrants, impact-resistant roofing and more.

Texas Windstorm Insurance Association (TWIA): If you need coverage for hail and windstorms in coastal counties, TWIA is where to go in Texas. You have to meet certain eligibility criteria to qualify, but qualifying means you won't have to do without this essential coverage.

Chubb Lloyds Insurance Company of Texas: Chubb homeowners insurance offers Texans standard coverages, plus several extras to customize their high-risk homeowners insurance. Get coverage for tree removal, electronic data restoration and lock replacement. As a bonus, the company’s HomeScan program uses infrared technology to locate hidden damage like faulty electrical connections, leaks and missing insulation for free.
Wildfires, earthquakes and other natural disasters can make it hard to get homeowners insurance. If you can't get home insurance in California, consider these regional options:

Grange: Policies are customizable with optional add-ons including refrigerated property, lock replacement, extra replacement cost and watercraft liability for certain recreational vehicles.

American Modern: This California-based insurer offers a named-peril high-risk home insurance policy. The Enhanced Coverage endorsement is available to broaden protection beyond the base policy.

Capital Insurance Group (CIG): CIG offers at-risk home insurance with optional add-ons including sports and home equipment, equipment breakdown, service line coverage and identity theft insurance.

Guard: Part of Berkshire Hathaway, Guard offers high-risk homeowners insurance with various deductibles and discounts. Policyholders can add identity fraud, service line and home systems coverage.

CHECK ELIGIBILITY FOR YOUR AT-RISK HOME

Policies available to you will vary depending on your location and the unique situation surrounding your "at-risk" insurance status. Insurance providers reserve the right to deny coverage for at-risk homes, so you must contact each prospective provider to see if they will cover you.

How to Get High-Risk Home Insurance

High-risk home insurance isn't impossible to get, but it does require a more deliberate approach than shopping for a standard policy. The further your property or personal profile sits outside the standard market, the more targeted your search needs to be.

1
Understand Your Risk Profile
Whether it’s your home’s location in a wildfire zone or a credit score working against you, identifying the cause gives you a starting point. High-risk homeowners who can explain and document their situation are in a better position when approaching insurers.
2
Reduce Your Risk Where You Can
Upgrading your roof, installing a security system or paying down debt won't immediately erase a high-risk designation. Even small improvements can widen your pool of available insurers and qualify you for discounts that make high-risk homeowners insurance more affordable.
3
Work With an Independent Agent
Independent agents who specialize in high-risk property insurance have direct access to carriers that don’t advertise to the general public. They can match your risk profile to the right insurer, and negotiate terms a direct online quote won’t surface.
4
Compare Multiple High-Risk Homeowners Insurance Companies
Rates and coverage terms vary widely among high-risk homeowners insurance providers, so getting quotes from at least three carriers is worth the effort. A company that declines your application outright may still refer you to a partner insurer that covers your risk.
5
Explore Surplus Lines Insurance
Surplus lines carriers cover high-risk properties that the standard market won't, including homes in extreme weather zones, vacant properties and those with extensive claims histories. Unlike admitted carriers, surplus lines insurers aren't subject to the same state rate regulations. This gives them more flexibility to cover unusual risks. The trade-off is higher premiums and fewer consumer protections than a standard or admitted high-risk policy. They're a legitimate option when conventional high-risk homeowners insurance companies say no.
6
Apply for Your State's FAIR Plan
A FAIR plan is the last resort for homeowners who've been denied coverage by multiple private insurers. Coverage is more limited and premiums are higher than anything available in the private market. Still, a FAIR plan means you're not left completely unprotected. To find your state's FAIR plan, contact your state insurance department directly or check the National Association of Insurance Commissioners (NAIC) directory of state regulators.

FINDING HIGH-RISK HOME INSURANCE WHEN OPTIONS ARE LIMITED

Even though not all companies offer high-risk home insurance coverage, some providers have this type of coverage available. If you have tried but can’t get a policy with other carriers, know that homeowners insurance alternatives are available, like FAIR plans.

High-Risk Homeowners Insurance Companies: Bottom Line

Finding the best homeowners insurance for your high-risk profile or location comes down to matching your risk to the company best equipped to cover it. AIG leads our picks with a 4.77 out of 5 MoneyGeek score and the lowest annual premium at $1,089 per year. Chubb's 4.59 out of 5 customer experience score makes it the top option for high-risk homeowners who expect to file a claim. For homeowners who can't get covered through the private market, surplus lines carriers and state FAIR plans provide a path forward.

Homeowners Insurance for High-Risk Homes: FAQ

Several property-level factors can push a home into the high-risk category. Location in a wildfire, hurricane or flood zone is the most common, but an aging roof, a vacant or unoccupied property, structural issues and features like swimming pools can all raise your risk profile. Homes with a history of multiple prior claims are also harder to insure through standard carriers.

Personal factors carry as much weight as property factors in the eyes of insurers. A poor credit score, multiple prior claims, owning an aggressive dog breed or running a business out of your home can all result in higher premiums or outright rejection from standard carriers. High-risk homeowners insurance companies are specifically set up to evaluate and cover these profiles.

High-risk home insurance costs more than a standard policy, but rates vary widely depending on your risk factors and the insurer you choose. Among the high-risk homeowners insurance companies MoneyGeek analyzed, annual premiums ranged from $1,089 per year with AIG to $4,221 per year with Chubb at the baseline coverage level. Your final rate will depend on your home's location, condition, claims history and credit score.

Yes. Being dropped by your current insurer doesn't mean you can't get covered elsewhere. Start by contacting high-risk homeowners insurance companies that specialize in hard-to-insure homes, and consider working with an independent agent who has access to carriers outside the standard market. If private market options are exhausted, surplus lines carriers and your state's FAIR plan are available as fallback options.

A FAIR plan is a state-run insurance program designed as a last resort for high-risk homeowners who've been denied coverage by private carriers. Most states require you to exhaust private market options before qualifying, and coverage is more limited and more expensive than anything available in the private market. It's not an ideal long-term solution, but it means you're not left completely without coverage.

Best High-Risk Home Insurance: Our Ratings Methodology

MoneyGeek analyzed homeowners insurance quotes from multiple providers across the U.S. using data from Quadrant Information Services, built around a sample homeowner with good credit, a home built in 2000, wood-frame construction and a composite shingle roof. Our baseline coverage used $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and a $1,000 deductible. We also gathered data at higher coverage tiers, up to $1 million in dwelling coverage, $500,000 in personal property and $1 million in liability, to identify the best options for high-value, high-risk properties.

Learn more about MoneyGeek's home insurance methodology.

About Mark Fitzpatrick

Mark Fitzpatrick is a licensed Property and Casualty (P&C) Insurance Producer and MoneyGeek's resident expert in insurance and economics. In nearly a decade covering the insurance market at LendingTree and MoneyGeek, he's analyzed hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.

His work has appeared in The Washington Post, The New York Times and NPR. He draws on independent cost and consumer experience data, and no insurance company partnerships affect his recommendations.

Mark studied at Boston College and later earned a master's in economics and international relations from Johns Hopkins University. He worked in financial risk management at State Street before joining MoneyGeek. He's also a five-time “Jeopardy!” champion.

Read Full Bio »

Sources

American Modern. "Home Insurance." Accessed May 16, 2025.
Chubb. "Homeowners Insurance." Accessed May 16, 2025.
CIG. "Homeowners Insurance." Accessed May 16, 2025.
Citizens. "Get a Policy." Accessed May 16, 2025.
Insurance Information Institute. "What if I Can’t Get Coverage?." Accessed May 16, 2025.
J.D. Power. "2024 US Home Insurance Study." Accessed May 16, 2025.
Texas Farm Bureau. "Home Insurance." Accessed May 16, 2025.
TWIA. "Coverage and Eligibility." Accessed May 16, 2025.
TWIA. "Texas Windstorm Insurance Association." Accessed May 16, 2025.
Tower Hill. "High-Value Homes." Accessed May 16, 2025.
Tower Hill. "Homeowners Insurance." Accessed May 16, 2025.
Universal Direct. "Home Insurance." Accessed May 16, 2025.

High-Risk Homeowners Insurance Companies (2026)

What is High-Risk Home Insurance?

Best High-Risk Homeowners Insurance Companies

AIG

State Farm

Chubb

Allstate

Nationwide

High-Risk Home Insurance Companies: Regional Options

How to Get High-Risk Home Insurance

High-Risk Homeowners Insurance Companies: Bottom Line

Homeowners Insurance for High-Risk Homes: FAQ

What makes a home high risk for insurance?

What makes a homeowner high risk?

How much does high-risk home insurance cost?

Can I get high-risk home insurance after being dropped by my insurer?

What is a FAIR plan and when should I use it?

Best High-Risk Home Insurance: Our Ratings Methodology

About Mark Fitzpatrick