Top Home Insurance Providers in Washington
Based on our analysis of over 30 insurance companies, Chubb and Country Financial stand out as excellent choices for homeowners insurance in Washington state. We evaluated insurers based on various criteria, including customer service, coverage options, financial strength, and complaint data, aiming to help you find the best coverage for your needs.
The following companies received a 4.5-star rating or higher in our evaluation. The rates provided are based on a sample homeowner with good credit, $300,000 of dwelling coverage, $300,000 of liability coverage, and a $1,000 deductible.
Note: Please be aware that some insurance companies mentioned in this article may have altered their underwriting practices and may no longer be issuing new policies in your specific state.
*USAA homeowners policies are exclusively available to active military personnel, veterans, and their families.
Why Trust NerdWallet?
NerdWallet adheres to strict editorial guidelines ensuring the fairness and accuracy of the information we provide. Our team of specialists analyzes over 270 million rates to help you choose financial products that work best for you. We extensively analyze more than 50 insurance companies across the 50 U.S. states and Washington D.C. to give you the most comprehensive information available.
In-Depth Look at Top-Rated Insurers
Amica
Amica consistently earns high marks for its excellent customer service and a broad range of coverage choices. This insurer has a strong reputation, with significantly fewer consumer complaints than expected for an insurance company of its size, as reported by the National Association of Insurance Commissioners (NAIC).
Pros:
- High customer satisfaction ratings.
- Low consumer complaints.
- Offers the “Platinum Choice” package, which provides extra coverage options.
- Simple online claims process with tracking features.
Cons:
- You can initiate a quote online but must complete the purchase via phone.
Chubb
Chubb primarily caters to affluent policyholders with high-value homes, offering substantial coverage limits and various amenities. For example, the company includes coverage for water damage caused by backed-up drains and sewers. It also covers costs to bring one’s home up to current building codes during reconstruction after a claim. These coverages often come at an extra cost with other insurers.
Pros:
- Far fewer consumer complaints than anticipated for a company of its size.
- Standard coverage includes features that are often offered as add-ons by other companies.
- Offers a substantial number of potential discounts.
Cons:
- Most consumers cannot obtain a quote online and must contact a local agent.
Country Financial
Country Financial offers multiple levels of homeowners coverage, allowing customers to select the best plan for their needs. You also have the option to add extra coverage for your home’s structure, helping protect you in case inflation drives up the cost of rebuilding more than anticipated.
Pros:
- Significantly fewer complaints than expected for an insurance company of its size.
- Numerous discounts and comprehensive coverage options.
Cons:
*You can get an online quote but must complete the purchase over the phone.
Allstate
Allstate is one of the largest home insurance companies in the U.S. and provides numerous customization options. It offers replacement cost coverage for personal property and coverage for water damage. Home-sharing coverage and reimbursement for energy-efficient item replacements are also offered as options.
Pros:
- Numerous discount options that help customers save money.
- Home-sharing coverage available.
- Customizable coverage features.
Cons:
- Ranked below average in J.D. Power’s 2024 U.S. Home Insurance Study.
Other Important Considerations:
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Earthquakes and Landslides: Regular homeowners insurance typically does not cover events like earthquakes or landslides. You may want to explore additional earthquake insurance if you live in an area prone to these types of events.
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Wildfires: Standard homeowners insurance generally covers fire damage, including damage from wildfires. Review your policy carefully to ensure adequate dwelling coverage for rebuilding your home if a wildfire causes a total loss.
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Flooding: Most standard homeowners insurance policies do not cover flood damage, so you may need separate flood insurance if living in a flood-prone area.
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Winter Weather: Standard policies usually cover damage from winter weather, but review your policy for specific exclusions. Ensure you take precautions to protect your home from burst pipes or other weather-related issues.
Homeowners Insurance Costs in Washington
The average annual cost of home insurance in Washington is $1,415. This is 33% less than the national average, which is about $2,110.
The cost of homeowners insurance varies depending on your location within Washington. For example, homeowners in Seattle pay an average of $1,365 per year, while those in Yakima pay about $1,685 annually.
How to Save on Homeowners Insurance in Washington
- Shop around: Compare quotes from multiple insurers to find the best rates.
- Increase your deductible: Opting for a higher deductible can lower your premiums.
- Bundle policies: Combining your home and auto insurance often leads to discounted rates.
- Inquire about discounts offering through your policy: Ask your insurance provider about any available discounts, such as those for security systems or home improvements.
Important Note on Transparency
Effective June 1, 2024, insurance companies in Washington are now required to be more transparent about the reasons behind premium increases. Under the new law, you can request an explanation for a rate increase, and the company must respond within 20 days.
