Top 10 Buildings Insurance in USA

Find the best buildings insurance for your property in the USA. Explore our top 10 buildings insurance providers in USA, compare coverage options, and get quotes today!”

Owning a building in the USA comes with a set of responsibilities, and protecting your investment with proper insurance is crucial. Buildings insurance, also known as commercial property insurance, safeguards your structure against various perils like fire, theft, and weather damage. It can also provide liability coverage in case someone gets injured on your property.

Top 10 Buildings Insurance in USA

Finding the right buildings insurance can feel overwhelming with numerous companies offering policies. This guide will explore the Top 10 Buildings Insurance providers in the USA, considering factors like customer satisfaction, coverage options, and financial strength. By understanding these leading insurers, you’ll be better equipped to compare quotes and select the policy that best suits your building’s specific needs.

Selection Criteria

To ensure a balanced and comprehensive evaluation, we considered the following key factors:

  • Financial Strength: We prioritized companies with a strong financial track record and excellent ratings from reputable agencies like AM Best.
  • Coverage Options: We analyzed the variety and depth of coverage options offered, ensuring they cater to diverse building types and potential risks.
  • Customer Service Reputation: Exceptional customer service during the claims process is paramount. We evaluated companies based on customer reviews and industry reports.
  • Competitive Pricing: While cost is a significant factor, we emphasized companies offering competitive rates without compromising on essential coverage.

Top 10 Buildings Insurance Companies in the USA

1. Chubb

Renowned for exceptional financial strength and white-glove service, Chubb offers customizable coverage for a wide range of buildings, from historic landmarks to high-value properties.

2. NJM

This regional powerhouse in the Northeast boasts top-tier financial ratings and a streamlined online experience.  Their guaranteed replacement cost coverage ensures rebuilding your property even if costs exceed the dwelling limit.

3. Country Financial

Country Financial stands out for its commitment to rural communities and its focus on risk management tools that can help reduce premiums.

4. State Farm

A household name, State Farm consistently offers some of the most competitive rates in the industry, making it a great option for budget-conscious property owners.

5. Nationwide

Nationwide excels in user experience with a user-friendly website and app for managing policies, filing claims, and making payments.

6. USAA (United Services Automobile Association)

While membership-based, USAA offers exceptional coverage and competitive rates for veterans and military families who own buildings.

7. Liberty Mutual

Liberty Mutual provides comprehensive coverage options and a strong reputation for customer service.  They also offer a variety of discounts for businesses and property owners who implement risk mitigation strategies.

8. Travelers

Travelers is a major player with a broad range of coverage options, including coverage for business interruption and valuable items.

9. The Hartford

The Hartford caters to a wide range of commercial and residential properties, with a focus on risk control solutions to help policyholders minimize potential losses.

10. Erie Insurance

Erie Insurance boasts exceptional customer service ratings and offers competitive rates in many regions, particularly in the Midwest.

What Does Buildings Insurance Cover USA?

Buildings insurance in the USA, also known as commercial property insurance, primarily focuses on protecting the structure itself and any permanently attached fixtures. Here’s a breakdown of what’s typically covered:

  • Damage from perils: This includes common events like fire, lightning, theft, vandalism, windstorms, hail, and even some instances of water damage.
  • Structural repairs: If a covered event damages your building’s roof, walls, floors, or foundation, the insurance will cover the cost of repairs or even rebuilding in severe cases.
  • Detached structures: Many policies extend coverage to permanent fixtures attached to the building, along with detached structures like garages, sheds, or fences.
  • Loss of use: If your building becomes uninhabitable due to a covered event, some policies will help cover additional living expenses while repairs are underway.

Cost of buildings insurance USA

The cost of buildings insurance in the USA can vary significantly depending on several factors, making it difficult to pinpoint a single national average. Instead, it’s more helpful to understand how these key influences can impact your premium:

Building characteristics:

  • Size and age: Larger and older buildings are generally more expensive to insure due to the increased cost of potential repairs or rebuilding.
  • Construction materials: Buildings constructed with fire-resistant materials like brick or concrete may receive lower premiums compared to those using wood framing.
  • Replacement value: The estimated cost to rebuild your building in the event of a total loss is a major factor in determining your premium.


  • Natural disaster zones: Areas with a higher frequency of severe weather events like hurricanes, tornadoes, or earthquakes will see higher premiums compared to areas with lower risks.
  • Crime rates: Locations with higher crime rates may face increased premiums due to the potential for vandalism or theft.

Coverage details:

  • Dwelling coverage limit: This is the maximum amount your insurance company will pay to rebuild or repair your building in the event of a covered loss. Choosing a higher limit will naturally lead to a higher premium.
  • Add-on options: Additional coverages like business interruption insurance or flood insurance will increase your overall premium.

Your business profile:

  • Industry: Businesses in high-risk industries like manufacturing or construction may face higher premiums due to the perceived greater chance of claims.
  • Claims history: A history of previous claims can lead to higher premiums, while a clean record may qualify you for discounts.
  • Security measures: Implementing preventive measures like fire alarms, security systems, and hurricane shutters can demonstrate a lower risk profile to insurers and potentially lower your rate.

Insurance company:

Different insurers have their own pricing models and risk assessments, which can lead to variations in quoted premiums for the same coverage.

How to Get the Best Buildings Insurance Quote

Here’s a breakdown of how to get the best building insurance quote in the USA:

Gather Information:

  • Know your building: Before reaching out to insurers, have an understanding of your building’s size, age, construction materials, estimated rebuild cost, and any attached structures.
  • Review your needs: Consider the level of coverage you require. Do you need basic protection or are there additional risks you want to cover (e.g., flood, earthquake)?

Comparison Shopping:

  • Utilize comparison websites: These platforms allow you to enter your details and receive quotes from multiple insurers. They can be a good starting point, but be aware they may not include all companies.
  • Get quotes directly from insurers: Reach out to top providers (like those mentioned earlier) and get personalized quotes based on your specific building and needs.
  • Consider independent agents or brokers: They work with various insurers and can help find policies tailored to your situation, but they may charge a fee.

Get the Most Out of Each Quote:

  • Standardize your inquiries: When requesting quotes, ask for coverage with similar limits and deductibles across different insurers. This makes it easier to compare apples to apples.
  • Ask questions: Don’t hesitate to ask insurers about specifics of their coverage, exclusions, and claims process.
  • Understand the details: Read through each quote carefully, paying close attention to coverage details, limitations, and total cost (including premium and deductible).


What does buildings insurance cover?

Buildings insurance typically covers damage caused by fire, theft, vandalism, weather events, and certain types of liability.

How much does buildings insurance cost?

The cost of building insurance varies depending on several factors, including the size, location, value, and type of building, as well as the level of coverage chosen.

What are the different types of building insurance?

There are various types of building insurance available, including property coverage, liability coverage, and business interruption coverage.

How can I get quotes for buildings insurance?

You can obtain quotes for buildings insurance directly from insurance companies, through an insurance broker, or by using online comparison tools.

What factors should I consider when choosing buildings insurance?

Consider the value of your building, the type of coverage you need, your budget, the reputation of the insurance company, and the quality of customer service.

Check Out