New Yorkers will need to insure their homes. While insurance can be costly, there are many options available. It's important to compare and evaluate the coverage available and to choose a policy that's right for you.
Homeowners insurance is designed to cover your belongings and your liability in the event of an accident. Many policies include coverage for theft, vandalism and weather-related damage. Wind, fire and earthquakes are just a few of the common perils that you should protect yourself against. Additionally, policies often cover losses due to natural disasters like tornadoes and hurricanes.
There are many companies offering quality service and competitive pricing if you are looking for homeowners insurance. We have reviewed top providers in the state, so that you can find the right choice for your needs.
Allstate is a great choice for anyone looking for a comprehensive policy. This provider offers a variety of discounts, including a multipolicy discount. The insurer is known for its outstanding customer satisfaction ratings and provides many unique homeowner add-ons.
State Farm is another excellent company to look into. They are one of the most affordable providers in the state, and they offer many unique coverage options. They offer insurance for renters as well as car insurance. Whether you're a first-time homeowner or have lived in your house for years, they have a policy to fit your specific needs.
Erie Insurance can be another good option for those looking beyond standard home insurance. The policy covers personal property, loss of use, replacement cost and guaranteed replacement cost. You can also rebuild your house without a deductible.
Different policies will have different recommendations for the best New York homeowners insurance companies. One company may only offer high-value insurance, while another will not. Ultimately, it's important to consider your own individual needs, as well as the geography of your home.
MoneyGeek's ranking of the best homeowners insurance companies in NY was based on a combination of affordability, service, and financial stability. State Farm scored highest in all of these categories when compared with other insurers.
Liberty Mutual is another great choice, though they do not disclose information about their claims. Even though it has a relatively low premium, the homeowners policy provides protection against theft, fire, water damage, as well as theft. You can also call the emergency services for your home seven days per week.
The homeowners policy from Chubb is also an excellent choice. The standard policy is more comprehensive and does not require a deductable. It also pays for repairs to your residence that are beyond the limits of your policy. The rates are however high.
Amica is a top-rated company for homeowners insurance in New York. The insurer has a very strong customer satisfaction rating and offers a broad range of coverages, from loss of use to personal property. The policy also includes protections for jewelry and fine art.