Top 10 Building Insurance in USA

Your building is more than just bricks and mortar – it’s your investment, your livelihood, and your legacy. Protecting it with the right building insurance is crucial, but navigating the complex world of insurance providers can feel overwhelming. That’s why we’ve curated this in-depth guide, showcasing the Top 10 Building Insurance Companies in the USA, based on comprehensive research, expert analysis, and real customer insights.

Top 10 Building Insurance in USA

We understand that one size doesn’t fit all when it comes to building insurance. To ensure this list caters to diverse needs, we considered several key factors:

  • Coverage & Options: Does the company offer comprehensive coverage for different building types and risks, including property, liability, and business interruption?
  • Price & Value: Does the company provide competitive rates while still offering robust coverage and reliable service?
  • Financial Strength & Stability: Can you trust the company to be there when you need them most? We analyzed financial ratings and claims handling practices.
  • Customer Satisfaction & Reviews: What do real customers say about their experience with the company? We evaluated independent reviews and feedback.
  • Brand Reputation & Industry Recognition: Is the company respected within the insurance industry and known for its ethical practices and customer-centric approach?

Top 10 Buildings Insurance in USA

1. Amica Mutual

Renowned for exceptional customer service and a commitment to fair claims handling, Amica Mutual reigns supreme. Their customizable policies and competitive rates make them a top choice for homeowners and businesses alike.

2. State Farm

This household name boasts an extensive network of local agents and a wide range of coverage options. They excel in homeowners’ insurance, offering comprehensive protection at competitive prices.


Serving military families and veterans with unwavering dedication, USAA delivers unparalleled customer service and competitive rates. Their tailored coverage options cater to the unique needs of their specialized clientele.

4. Chubb

Known for its high-end offerings, Chubb provides customized policies for complex or valuable properties. Their personalized service and financial stability make them a trusted partner for discerning clients.

5. Nationwide

Embracing innovation and technology, Nationwide simplifies the insurance process with user-friendly online tools and competitive rates. Their commitment to sustainability resonates with environmentally conscious property owners.

6. Travelers

Renowned for their financial strength and risk management expertise, Travelers offers robust commercial building insurance solutions for businesses of all sizes.

7. The Hartford

With a focus on property and casualty insurance, Hartford excels in protecting historical and landmark properties. Their tailored coverage options cater to unique architectural needs.

8. Liberty Mutual

Offering competitive rates and a convenient online platform, Liberty Mutual provides a straightforward approach to building insurance. They shine in providing coverage for multi-unit dwellings and rental properties.

9. Farmers Insurance

A trusted name in rural communities, Farmers offers customizable policies and local agent accessibility. Their understanding of agricultural and unique property needs sets them apart.

10. Erie Insurance:

Committed to customer satisfaction, Erie Insurance boasts exemplary ratings and a focus on clear communication. Their dedication to fair claims handling has earned them a loyal following.

Guide to Choosing the Best Buildings Insurance

Protecting your property with the right building insurance is crucial. It provides financial security in case of unforeseen events like natural disasters, fire, theft, or vandalism. But navigating the world of insurance policies can be overwhelming. This guide will equip you with the knowledge to choose the best coverage for your building.

Step 1: Understand your building’s needs

  • Type of building: Is it a residential dwelling, a commercial property, or an industrial structure? Different types of buildings have different insurance requirements.
  • Replacement cost: Estimate the cost of rebuilding your building from the ground up. This will determine the amount of coverage you need.
  • Special features: Does your building have unique features like swimming pools, solar panels, or valuable equipment? These may require additional coverage.
  • Risks and hazards: Consider the risks your building faces based on its location and surroundings. This could include flood risk, proximity to wildfires, or crime rates.

Step 2: Explore coverage options

  • Property insurance: Covers the physical structure of your building against damage or loss.
  • Liability insurance: Protects you from financial claims if someone gets injured on your property.
  • Business interruption insurance: Covers lost income if your building is damaged and you cannot operate your business.
  • Additional coverages: You may want to consider optional coverages like sewer backup, equipment breakdown, or terrorism.

Step 3: Compare quotes from different insurers

  • Get quotes from at least three different insurers. Consider a mix of national and local providers.
  • Compare the level of coverage, deductibles, and premiums. Don’t just go for the cheapest option; ensure the coverage meets your needs.
  • Read the fine print carefully. Understand exclusions, limitations, and claims procedures.

Step 4: Choose the right insurer

  • Consider the insurer’s financial stability and reputation. Check their ratings from independent agencies like A.M. Best or Standard & Poor’s.
  • Look for good customer service reviews. This is important for a smooth claims process.
  • Build a relationship with your agent. Having a dedicated agent can be helpful for personalized advice and support.

By following these steps, you can choose the best building insurance to protect your investment and give you peace of mind. Remember, the best policy is one that meets your specific needs and provides comprehensive coverage at a fair price.

Compare Buildings Insurance Quotes

Comparing building insurance quotes can be overwhelming, but with the right approach, you can find the best coverage for your needs at the best price. Here’s a step-by-step guide:

Gather information:

  • Building details: Know the year built, square footage, materials, number of floors, and any special features.
  • Location: Understand the risks associated with your area, like flood zones, crime rates, and fire ratings.
  • Coverage needs: Determine the level of coverage you need for the building itself, contents, and liability.
  • Claims history: If you have any previous claims, be prepared to disclose them.
  • Personal information: Have your name, address, Social Security number (if required), and contact information readily available.

Compare quotes:

  • Online quote comparison websites: These platforms allow you to enter your information and receive quotes from multiple insurers. Some popular options include NerdWallet, The Zebra, and Progressive’s HomeQuote Explorer.
  • Independent insurance agents: These agents work with multiple insurers and can shop around for the best rates for you.
  • Individual insurance companies: Visit the websites of several insurance companies directly to get quotes.

Focus on key factors:

  • Price: Compare premiums, but don’t just choose the cheapest option.
  • Coverage: Ensure each quote covers the same level of protection for your building, contents, and liability.
  • Deductible: The amount you pay out of pocket before the insurance company kicks in. Choose a deductible that balances affordability with risk.
  • Claims process: Understand how the insurance company handles claims and how quickly they resolve them.
  • Financial stability: Choose an insurer with a strong financial rating to ensure they can pay out claims if needed.

FAQs Buildings Insurance

What is building insurance?

Building insurance is a type of property insurance that helps protect your home from financial losses caused by unexpected events, such as fire, storms, theft, or vandalism. It can also cover the cost of repairing or rebuilding your home if it is damaged.

What does building insurance cover?

  • The structure of your home: This includes the walls, roof, floors, foundation, and any attached fixtures and fittings, such as kitchens, bathrooms, and cabinets.
  • Outbuildings: This could include garages, sheds, and workshops.
  • Additional living expenses: If your home is damaged and you are unable to live in it while it is being repaired, your building insurance may cover the cost of staying in a hotel or temporary accommodation.

What is not covered by building insurance?

  • Personal belongings: Your personal belongings, such as furniture, appliances, and electronics, are typically covered by contents insurance, not building insurance.
  • Wear and tear: Building insurance does not cover gradual wear and tear to your home, such as cracks in the pavement or paint peeling.
  • Flood: In most cases, flood damage is not covered by standard building insurance. You may need to purchase a separate flood insurance policy.
  • Earthquake: Earthquake damage is also not typically covered by standard building insurance. You may need to purchase a separate earthquake insurance policy.

How much does building insurance cost?

The cost of building insurance will vary depending on several factors, such as the value of your home, its location, the age and condition of the property, and the level of coverage you choose.

Do I need building insurance?

If you own a home, it is generally a good idea to have building insurance. Even if you think your home is unlikely to be damaged, it is important to remember that unexpected events can happen to anyone. Having building insurance can give you peace of mind knowing that you are financially protected if something does go wrong.

How can I get building insurance?

You can get building insurance from several different providers, such as insurance companies, banks, and building societies. It is a good idea to get quotes from a few different providers before you choose one.