Best Homeowners Insurance Companies In Indiana

State Farm earned the top ranking thanks to its robust agent network in Indiana, high customer satisfaction, and reasonable premiums. Its high service ratings from J.D. Power are key, especially with the many agents, adjusters, and claims offices available in Indiana, particularly after severe weather like tornadoes.

State Farm offers a basic homeowners policy that can be tailored with additional coverage options. You can add protection for rebuilding to meet updated legal requirements, identity theft coverage, and insurance for high-value items like jewelry and collectibles. State Farm’s A++ rating from AM Best signifies its excellent financial stability.

To begin a quote with State Farm, you can start online, though you’ll need to finalize the purchase with a local agent. Policyholders can access their accounts, file claims, and sign up for paperless billing through the website or mobile app. The website also includes a library of resources to learn about insurance.

Although Nationwide boasts an A+ (Superior) financial rating from AM Best, its customer satisfaction suffers based on multiple negative online reviews. However, it has a strong local presence in Indiana with numerous agents and offices.

Nationwide’s standard homeowners policy includes benefits that are uncommon among other carriers, like credit card fraud protection and ordinance or law coverage for rebuilding in compliance with updated building codes.

You have the option to boost your coverage with features like Better Roof Replacement, providing reimbursement for higher-quality roofing materials if your roof needs replacement due to a covered event.

The Brand New Belongings feature offers replacement cost coverage. You’ll first be reimbursed for the depreciated value of damaged or destroyed items, and then you can recover the cost difference by submitting receipts for the new purchases to Nationwide.

Chubb features some of the most economical home insurance rates in Indiana, specifically designed for high-value residences. Along with attractive premiums, they offer extended replacement cost coverage, allowing for repairs or replacements of items regardless of their depreciation. Chubb is celebrated for its financial strength and excellent customer care.

Farmers ranks highest thanks to its generous perks and its outstanding “online experience,” which effectively showcases these perks and discounts to both potential and current customers. The perks consist of:

• Guaranteed Replacement Cost: No matter the expense, Farmers will cover the total cost to reconstruct your home.
• Claim Forgiveness: Farmers won’t raise your premiums if you file a claim after staying claim-free for five years.
• Multi-Policy Savings: Farmers offers up to a 34% discount on home insurance when you bundle it with other policies.
• Declining Deductible: Farmers rewards you with $50 annually to help decrease your deductible while your policy is active.
• Claim-Free Discount: Stay claim-free for three years and receive a discount on your home insurance.

The 9.3/10 rating for Farmers includes consideration of its lower customer satisfaction scores in policyholder service from J.D. Power.

Boasting 11 home insurance discounts, Allstate exceeds the industry average of seven. Upon review, I found some of these discounts to be uniquely appealing.

You’ll find these discounts offered by Allstate:

Claims Forgiveness: A safeguard that keeps your premiums from increasing after a claim is filed.

Claims-Free: Receive 5% back on your renewal for each year without filing a claim.

Deductible Reward: Just for enrolling, you’ll get $100 off your deductible.

Bundle: Enjoy up to a 25% discount when you package home and auto insurance together.

Automatic Payment: Get 5% off when you enable automatic payment options.

Loyalty: You can save up to 10% by continuing your coverage with Allstate.

Home Buyer: Allstate offers a discount for those who have recently bought a house.

New Home: Enjoy a discount for insuring a brand-new home.

Responsible Payment: Receive extra savings for consistently paying on time.

Early Payment: Enjoy up to 10% savings when you buy a new policy a week or more before your current one ends.

Protective Device: Receive a discount for adding safety systems like fire or theft protection.

Allstate’s homeowners insurance includes nine optional coverage types, which is almost double the industry average of five. Beyond standard options like identity theft protection and scheduled personal property, they also provide a unique yard and garden coverage that raises limits for replacing landscaping and lawn care equipment such as riding mowers.