Best Homeowners Insurance in New York: 7 Companies to Compare

The best homeowners insurance for a New York home depends on its rebuilding cost, location, coverage needs and the policy actually offered. This guide compares seven companies by their published features and the questions worth asking before you buy.

We independently checked the official sources linked in each profile. This is a comparison shortlist, not a controlled quote study or a claim that one company is cheapest for every address. A policy pays only for covered losses, subject to its terms.

PropertyNest Data: Seven Homeowners Insurers Compared

This refreshed table replaces unsupported numerical rankings with published product features and their material conditions. Research checked September 26, 2026. It is a shortlist, not a price ranking or claims-service test; coverage and eligibility require confirmation for your address.

Primary sources: Lemonade New York, Allstate, Liberty Mutual discounts, Amica Platinum Choice, Chubb homeowners, State Farm and Progressive benefits. The profiles below explain each option further.

Compare current quotes in New York

Use the same coverage limits, deductibles and endorsements for every quote. Record the full annual premium and fees so you can compare like with like.

Advertising disclosure: PropertyNest may earn compensation when you use the partner quote links below. Compensation may affect placement. A partner link does not establish that an insurer has the lowest price or the broadest coverage for your home.

Lemonade: digital shopping and policy management

Lemonade offers online homeowners insurance and digital policy tools. Its availability page lists New York for homeowners and condo coverage, but eligibility still depends on your property and application.

This may be a useful starting point if you prefer a digital experience. Decide whether the available service channels fit how you want to ask questions and manage a claim.

What to check in a Lemonade quote

Review dwelling, other structures, belongings, loss-of-use and liability limits. Check settlement terms and special limits for valuables. Ask which people in the household are insured and whether belongings in storage have a separate limit; do not assume one published example applies to every policy.

Price and discounts

Get a quote for your actual address and selected coverage. An advertised starting price is not a New York average. Ask how eligible safety features, payment choices or bundling affect your total premium, and compare that final amount with other insurers.

Allstate: agent guidance and coverage choices

Allstate offers agent help with coverage, discounts and claims questions. That can be useful when you want someone to walk through a first policy or a change in your home's needs.

The availability of an agent is a feature to evaluate, not proof that Allstate has the lowest first-time-buyer price.

What to check in an Allstate quote

Ask which coverages are included and which are optional. Allstate describes exclusions that can include flood, earth movement, water backup and maintenance-related damage. Confirm the actual policy wording and the price of any added protection you need.

Price and discounts

Ask your agent to list applicable discounts and eligibility requirements. Compare the combined annual cost of a home-and-auto bundle with separate policies.

Compare an Allstate quote (advertiser link).

Liberty Mutual: discounts to check against your final price

Liberty Mutual's New York homeowners page offers a way to explore coverage for the state. Its published discount options make it worth checking when your home or payment preferences meet the requirements.

A long discount list does not establish the lowest net price. Compare the actual quote after discounts.

What to check in a Liberty Mutual quote

Ask for written limits, deductibles and loss-settlement terms. If a repair-assistance service is mentioned, confirm availability and what the service includes. Contractor referrals or emergency assistance do not by themselves mean that the repair is insured.

Price and discounts

Liberty Mutual's discount page lists options involving new or renovated homes, new roofs, multiple policies, payment arrangements and paperless documents. Eligibility and availability vary.

Compare a Liberty Mutual quote (advertiser link).

Amica: compare standard coverage with Platinum Choice

Amica offers homeowners coverage and optional protections. Its Platinum Choice Home package is described as an HO-5 policy with broader or increased protections than its standard HO-3 offering.

This makes the package worth comparing if you want additional protection in one policy. It does not mean that every natural disaster is covered.

What to check in an Amica quote

Platinum Choice's published features include an additional 30% dwelling replacement allowance, personal-property replacement coverage and water-backup/sump-overflow protection, subject to state and policy conditions.

Flood correction: Amica states that its homeowners policy excludes flood damage. Flood insurance is separate; Amica can help arrange NFIP coverage. Do not treat a home-policy water-backup provision as flood protection.

Price and discounts

Amica lists discounts for qualifying policy combinations, claims history, payment choices and home safety features. Request prices for both the standard and expanded coverage you are considering.

Compare an Amica quote (advertiser link).

Chubb: high-value homes and rebuilding detail

Chubb focuses on higher-value homes and offers home assessments through risk consultants. Its published features include extended replacement-cost protection and replacement-cost coverage for belongings, subject to policy terms.

Consider it when custom finishes, construction details or collections make a simple coverage estimate inadequate. Obtain an actual quote rather than assuming it is always the most expensive option.

What to check in a Chubb quote

Ask how rebuilding costs, code upgrades, temporary housing and valuable collections are covered. Chubb describes a cash-settlement option after a covered total loss, up to the policy limit, if you choose not to rebuild or to rebuild elsewhere. Confirm the conditions.

The earlier blanket statement about a deductible waiver for losses above $50,000 was incomplete. Ask the agent for the exact waiver threshold, eligible deductible and exclusions in your New York policy.

Price and eligibility

Chubb homeowners coverage is offered through independent agents and brokers. Ask about eligibility, protective-device credits and the full annual premium. Compare the cost against policies offering similar rebuilding and belongings protection, not simply the same dwelling limit.

State Farm: coverage planning with a local agent

State Farm offers local-agent assistance and online resources for obtaining a homeowners quote. Its quote process considers home details, insurance history and protective features.

It may suit buyers who want an agent to explain coverage choices. We have not established that it is the cheapest New York insurer.

What to check in a State Farm quote

Have the home's size, construction, occupancy and claims history ready. Ask for the rebuilding estimate, any additional dwelling protection, belongings settlement terms and the loss-of-use limit. Do not assume a fixed percentage extension or personal-property limit applies to every policy.

Price and discounts

State Farm describes potential savings from policy combinations, protective devices and claims history. Names, eligibility and availability vary by state. Compare the final price and coverage with other written offers.

Compare a State Farm quote (advertiser link).

Progressive: compare the issuing insurer and bundle terms

Progressive offers New York homeowners shopping through a network of insurers. Identify the company that will issue the home policy and handle claims, since its coverage and conditions govern the offer.

A shared shopping brand does not mean every policy has identical benefits.

Check the single-deductible condition

Progressive's official discount and benefits page says its single-deductible benefit applies when the home policy is underwritten by Progressive Home, formerly ASI. It concerns one event covered by both the bundled home and auto policies. It is not a benefit of every home policy in the network; confirm availability and terms in writing.

Price and discounts

Published options include qualifying bundles, alarms, advance quotes and payment choices. Ask which apply to the issuing company and your New York address, then compare total annual costs.

Compare a Progressive quote (advertiser link).

What is the average cost in New York?

PropertyNest Data: The NAIC's July 2026 report using 2023 data reports an average annual HO-3 premium of $1,801 in New York, compared with $1,737 nationwide. Dividing by 12 gives monthly equivalents of $150.08 and $144.75, before any separate installment fees.

These historical averages cover different homes and coverage amounts. They are not 2026 quotes or a condo/co-op price estimate. See our New York homeowners cost guide for the source table, calculations and limitations.

What should the policy protect?

Review the house, detached structures, belongings, liability, medical payments and eligible extra living costs after a covered loss. Each section has its own limits and conditions. A large overall limit does not eliminate exclusions or special limits for valuables.

Understand the policy form

The New York DFS policy guide describes the main differences. These labels are a starting point; endorsements and the actual contract control.

• HO-1 and HO-2: cover listed causes of property loss; HO-2 generally adds causes beyond the basic form.
• HO-3: typically covers the dwelling against causes not excluded, while belongings usually have named-peril coverage.
• HO-5: generally broadens property coverage for belongings as well as the dwelling, while retaining exclusions.
• HO-6: addresses a condo unit owner's responsibilities and belongings. Coordinate it with the building's master policy; it is not automatically an open-perils contract.
• Manufactured/mobile-home coverage: ask for a product designed for that dwelling. Do not assume it also insures an RV.
• HO-8 or modified coverage: may be used for certain older homes. Check repair materials and settlement terms; it is not a universal historic-home requirement.

Co-op shareholders should confirm the appropriate unit coverage with the insurer, lender and board. Liability is governed by its own coverage terms, not by the property section's “open perils” label.

Flood, water backup and earthquake coverage

Flood and earthquake damage are generally excluded from standard homeowners policies. Wind damage may be covered, subject to exclusions and a separate deductible. Ask about separate flood insurance and any available earthquake or water-backup protection. A hurricane can cause both covered wind damage and excluded flood damage.

New York dog-breed protections

New York Insurance Law § 3421 prohibits specified homeowners insurance actions based solely on a dog's breed or mix. It contains a conditional exception for a dog legally designated dangerous. Check liability terms without assuming breed alone determines coverage.

Previously published expert perspective: The Q&A below is retained from the earlier article. It is not an expert review or endorsement of this updated comparison.

How to choose between the quotes

1. Match coverage first. Use comparable dwelling, belongings and liability limits, settlement terms and endorsements.
2. Check rebuilding assumptions. The cost to rebuild is different from the home's sale price or land value. Ask how renovations and code upgrades are treated.
3. Calculate deductibles in dollars. For illustration, a deductible equal to 2% of a $500,000 dwelling limit is $10,000. Check the actual percentage and triggering event.
4. Compare total costs. Include annual premium, payment fees and separate policies you need. A discount percentage alone does not identify the better offer.
5. Review gaps. Ask about roof depreciation, valuables, water backup, flood and temporary housing. Replacement-cost coverage can still have conditions.
6. Confirm the contract. Identify the issuing insurer, effective date, lender requirements and claims contact before switching.

The NAIC homeowners shopping tool provides a worksheet for comparing written offers. For apartment owners, also review our New York City home, condo and co-op coverage guide.

How we prepared this comparison

We checked the seven companies' official product, availability and discount pages linked above, New York DFS guidance, the New York dog-liability statute and the NAIC report. We used those sources to identify relevant differences and questions for New York shoppers.

We did not conduct a standardized quote test, customer survey or claims-service test for this revision. The earlier claims about surveying hundreds of quotes, numerical star ratings and unsupported satisfaction comparisons have been removed. These seven profiles are not a complete list of insurers serving New York.

Availability, underwriting and policy terms can change. Obtain a current written quote and policy documents. This page's update date records the editorial review; it does not change the year of the underlying premium data. Partner quote links are disclosed above and within the profiles.