Best Homeowners Insurance Companies In Ocala, FL For 2024

Nationwide really stands out as the top choice overall for a few reasons. First of all, they have a fantastic A+ (Superior) rating from AM Best, which shows they’re financially stable. Plus, they get high ratings from satisfied customers on various online platforms, so you know they’re reliable. Another great thing about Nationwide is that they have lots of agents in South Florida, so you can get personalized help when you need it. And let’s not forget about their competitive rates – they’re hard to beat!

What makes Nationwide truly special is their comprehensive standard home insurance policy. It includes some unique coverages that you don’t typically find with other insurers. For example, they’ll reimburse you for credit card fraud, and they also cover the extra costs of meeting stricter building codes if your home needs to be rebuilt.

On top of all that, Nationwide offers add-ons that you can customize to fit your needs. One cool option is Better Roof Replacement, which covers the cost of better roofing materials if your roof gets damaged. They also have Brand New Belongings, which gives you replacement cost coverage for your personal stuff. If something gets damaged or lost, they’ll reimburse you based on the item’s depreciated value, so you can buy a replacement and get the price difference back by submitting the receipts to Nationwide.

Convenience is a big deal with Nationwide. They give you lots of ways to buy home insurance – you can talk to a local agent, call them up, or even do it online. And their website and mobile app are really easy to use. You can file and track claims, make payments, and make changes to your policy without any hassle.

Nationwide’s average cost for home insurance in Ocala: $87/month

USAA comes in a strong second place for the title of Best Overall, but there’s a catch – it’s only available to military members and their families. However, don’t let that hold you back, because USAA is still a highly respected choice all around.

Back in 1922, USAA was founded by a group of 25 Army officers who wanted to insure their own cars. Since then, it has grown to offer a wide range of insurance and financial products. It’s designed for members of the U.S. armed forces, Reserve, veterans, and their families. With its headquarters in San Antonio, USAA has offices all over the United States and even in places like London, Frankfurt, and Luxembourg.

USAA’s standard home insurance policy comes with some great features. They offer replacement cost coverage for your personal belongings, and they have specific coverage for uniforms of active-duty and deployed service members. They might even have options for additional coverage, like protection for earthquakes or if you’re sharing your home with others.

For those who are eligible, USAA makes it easy to buy insurance online using your active membership ID. You can also get help over the phone or visit a local branch if that’s more your style. To make things even better, they have a handy chatbot on their website that can help with bill payments, policy changes, and managing claims. It’s worth noting that USAA has an impressive A++ rating from AM Best, which is the highest level of financial strength for insurance companies.

Average premium for USAA home insurance in Ocala: $120/month

State Farm has earned the honorable position of our second runner-up, thanks to its remarkable network of agents in Ocala and South Florida. This is truly noteworthy because it ensures not only the availability of numerous State Farm agents in the aftermath of severe storms or hurricanes but also the convenience of having claims adjusters and claims offices right in Ocala.

When it comes to home insurance, State Farm offers a trustworthy standard policy that can be further tailored to meet your specific needs. They go the extra mile by providing additional coverages, such as protection for ordinance and law requirements, safeguarding against identity theft, and insuring valuable items like precious jewelry.

State Farm stands tall in terms of financial stability, proudly holding the highest possible AM Best rating of A++. This recognition underscores their strong financial strength and unwavering reliability.

One of the standout features offered by State Farm is optional replacement cost coverage for your home, other structures, and personal belongings. With this coverage, damaged items are replaced at their current market value without factoring in depreciation. This means you won’t be left with a lesser amount when it’s time to replace your cherished possessions.

When it comes to getting a quote, State Farm lets you kickstart the process online. However, for purchasing a policy, you’ll need to collaborate with a local agent. State Farm also understands the importance of convenience and provides a range of online tools and resources. From filing claims to managing your account, enrolling in paperless billing, and accessing a comprehensive resource library, State Farm has you covered, making insurance-related matters a breeze.

Average premium for State Farm home insurance in Ocala: $73/month

Tower Hill stands out as a fantastic option for budget-friendly home insurance in the sunshine state of Florida. It’s worth mentioning, though, that Tower Hill Insurance is primarily focused on Florida and has limited coverage in only 16 additional states, which explains why it lacks a JD Power score for customer satisfaction and holds a B++ rating from AM Best.

What’s great about Tower Hill is their flexibility in allowing homeowners to customize their coverage to fit their specific needs. In addition to standard coverage for things like your home and personal property, their Typical and Prime Plus policies offer extra options called endorsements. These endorsements include cool features like extended replacement cost coverage, water backup coverage, and personal injury coverage.

What sets Tower Hill apart are the unique add-on coverage options they provide, which might be hard to find with other insurance companies. They offer coverage for things like landscaping, food spoilage, trampoline liability, and even lock replacement. And if you go for their highest-tier Spire package, you’ll enjoy a range of optional coverages that are already included in the policy.

Tower Hill aims to offer affordable rates for Florida homeowners. However, it’s important to take into account their customer satisfaction score (or lack thereof) and financial strength rating, along with their coverage options, when making your decision.

Average Premium for Tower Hill home insurance in Ocala: $85/month

Chubb stands tall as a top-tier choice for homeowners seeking to safeguard their precious assets. With an impressive range of additional coverage options, Chubb goes the extra mile to provide comprehensive protection. It’s worth noting, however, that homeowners on a budget in Ocala may find Chubb’s rates slightly higher than average.

When it comes to insuring high-value homes, Chubb takes the lead with its standout feature: extended replacement cost coverage. This invaluable protection ensures that in the event of a covered incident, your home can be rebuilt without bearing the burden of financial strain.

One exceptional advantage of choosing Chubb is their proactive risk consulting program. By dispatching a Chubb consultant to your home, they diligently assess potential fire or security risks, taking preemptive measures to prevent accidents before they occur.

Chubb’s Masterpiece insurance policy is tailored to cater to the unique needs of discerning homeowners. It encompasses remarkable coverage options, such as restoring electronic data damaged by computer viruses and even offering property management services.

When it comes to claims, Chubb sets itself apart by empowering claims agents to provide immediate payment, ensuring a streamlined and hassle-free process. Notably, a claim cannot be denied without the approval of a manager, emphasizing fairness and accountability.

Average premium for Chubb home insurance in Ocala: $117/month

Allstate stands out from the crowd with an exceptional offering of 11 homeowners insurance discounts, surpassing the industry average. Here are some noteworthy discounts that set Allstate apart:

• Claims forgiveness: Your rate won’t skyrocket after filing a claim.
• Claims-free: Enjoy a 5% renewal discount each year if you steer clear of claims.
• Deductible reward: Receive a welcoming $100 deduction in your deductible when you sign up.
• Bundle: Bundle your home and car insurance to save up to an impressive 25%.
• Automatic payment: Set up automatic payments and get up to 5% off.
• Loyalty: Allstate rewards your loyalty with a discount of up to 10% upon renewal.
• New Homebuyer: If you’re a recent homebuyer, a discount awaits you.
• New home: Secure a discount for insuring a newly constructed home.
• Responsible payment: Maintain a good payment history and earn an additional discount.
• Early payment: Plan ahead and purchase a new policy at least seven days before your old one expires to enjoy up to 10% off.
• Protective device: Protect your home with theft and fire protection systems and receive a discount.

Allstate’s homeowners insurance provides comprehensive coverage for your dwelling, personal belongings, liability protection, guest medical protection, and more. In addition to these essential coverages, Allstate offers an array of optional coverages to suit your individual needs.

When you choose Allstate, you have the freedom to select from nine optional coverage types for your homeowners insurance. Alongside common options like identity theft and scheduled personal property, Allstate goes the extra mile by offering unique coverage for homeowners with yards and gardens. This means you can benefit from increased coverage limits for landscaping costs and even the protection of riding lawn mowers.

Progressive really stands out because it achieved the second highest customer satisfaction score from JD Power among the companies we reviewed, except for USAA. But we couldn’t give USAA the title of Best for Customer Satisfaction because they only offer home insurance to military members and their families.

Progressive’s home insurance policies cover all the important things you need:

• Dwelling coverage: It pays for repairs or replacement if your home gets damaged by things like fires or tornadoes.
• Other structures coverage: It covers repairs or replacement for structures not attached to your home, like fences or sheds.
• Personal property coverage: It takes care of repairs or replacement for your belongings, such as clothes, electronics, and furniture.
• Liability insurance: It protects you from property damage and injuries to others, and it covers accidents that happen on your property. It also helps with legal defense if you get sued.
• Additional living expenses coverage: It includes expenses for things like hotel stays, meals, and pet boarding if you can’t live in your home due to a covered event, like a tornado.

According to Progressive’s filings with the Florida Department of Insurance, it’s important to know that some dog breeds may not be eligible for coverage. These breeds include Akitas, American bulldogs, chow chows, Dobermans, Mastiffs, pit bulls, Rottweilers, Staffordshire terriers, wolf hybrids, any mixed or varied breeds of these, and any dogs with a history of biting.

Average premium for Progressive home insurance in Ocala: $167/month

Citizens Property Insurance Corporation plays an important role in Florida’s property insurance market. It provides insurance coverage to people who can’t get it from private companies.

As one of Florida’s leading insurers, Citizens aims to give its customers the same level of service as private companies.

Citizens was created by the Florida Legislature in 2002. It is a non-profit government organization that offers property insurance to eligible property owners in Florida who can’t find coverage in the private market.

Citizens is funded by the premiums paid by policyholders. If there is a shortfall after a major storm or a series of storms, Florida law allows Citizens to charge extra fees to most policyholders in the state.

Average premium for Citizen’s home insurance in Ocala: $358/month