Farmer's Insurance Group, AllState and State Farm sell the top homeowners insurance policies, according to Consumer Affairs. These policies cover the structure, personal belongings, homeowner liability and emergency living expenses for traditional home, condominium, farm and mobile homeowners.
Consumer Affairs ranks the companies based on customer service and satisfaction; price and policy value; financial strength; and claims service. The customer satisfaction rating reflects how well each company meets the needs of its customers. Policy value shows that homeowners receive the necessary coverage with an affordable premium. Financial strength shows each company's ability to pay claims, and claims service reflects each company's effectiveness in processing adjustments and payments, explains Consumer Affairs.