Best homeowners insurance in Washington (2024)

State Farm is the top overall home insurance company in Washington thanks to its large selection of policy options for most home types, high customer service marks, and industry-best financial stability ratings.

Pros

• High customer satisfaction and financial strength ratings

• Top-tier coverage add-ons, including extended replacement cost coverage

• Offers large discounts when you bundle your home and auto insurance

Cons

• 20% more complaints filed with the NAIC than other companies of its size

• No discounts for first-time homebuyers

Why State Farm is the best overall company in Washington

State Farm is known for its dependable customer service. And this goes for all steps of the customer's journey — from shopping and setting up your policy to making changes to your coverage to filing a claim.

We also like State Farm's robust coverage options, including (but not limited to) extended replacement cost coverage, water backup protection, appliance coverage, and inflation guard.

Plus, while many competitors don't have the financial strength to pay out claims after several natural disasters in the same year, State Farm isn't one of them. It earns the highest rating possible from A.M. Best for financial strength and stability — only six insurance companies out of nearly 70 we reviewed hold this title.

How do State Farm home insurance rates compare to the Washington average?

The average cost of State Farm home insurance in Washington is $2,435 per year, which is more than double than the average annual premium in the state of $1,159 per year.

How to get a quote

Online through State Farm or by contacting your local State Farm agent.

Along with saving around 20% when you bundle your home and car insurance, Farmers also gives you access to its extensive suite of discounts, unique policy credits, and claim-free incentives that help put money back in your pocket.

Pros

• 12+ discounts to save on rates

• Optional extended or guaranteed replacement cost dwelling coverage

• Shave $50 off your deductible each year you’re with Farmers

Cons

• Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys

Why we chose Farmers

Farmers lets you add an impressive number of upgrades to a basic home insurance policy. Some of the endorsements from Farmers include guaranteed or extended replacement cost coverage, water backup protection, and a personal articles floater.

Depending on where you live, you could save up to 45% on your auto insurance and up to 34% on your home insurance when you bundle policies with Farmers, according to the company website.

Even more, Farmers has up to 16 additional discounts and money-saving policy perks. For context, Farmers competitors offer an average of around seven discounts total.

How do Farmers home insurance rates compare to the average in Washington?

The average cost of Farmers home insurance in Washington is $1,291 per year, which is 11% more expensive than the average annual premium in Washington of $1,159 per year.

How to get a quote

Online through Farmers

Nationwide home insurance features an extensive range of comprehensive coverage and policy options. It also received high marks for claims satisfaction with J.D. Power, which means you can rely on Nationwide when it matters most.

Pros

• Multiple high-quality coverage options

• Highly rated for claims satisfaction with J.D. Power

Cons

• Below-average customer satisfaction and digital experience ratings

• Won’t cover Airbnbs or other short-term rentals

Why we chose Nationwide

Nationwide has received high ratings from J.D. Power for its claims satisfaction. Nationwide ranks fifth on J.D. Power's Property Claims Satisfaction Study from 2022. The company also receives far fewer complaints than other insurers, according to the National Association of Insurance Commissioners.

Nationwide is known for its robust policy options and large selection of coverage add-ons. Some of these include guaranteed and extended replacement cost coverage, better roof replacement, new belongings coverage, water backup protection, and equipment breakdown coverage.

How do Nationwide home insurance rates compare to the Washington average?

The average cost of Nationwide home insurance in Washington is $1,085 per year, which is around 6% cheaper than the annual statewide average of $1,159.

How to get a quote

Online through Policygenius or Nationwide

Whether you’re looking for basic or comprehensive home insurance coverage, Allstate is a standout option. Airbnb hosts may find a suitor in Allstate thanks to HostAdvantage — its affordable short-term rental coverage that can be easily added to any policy.

Pros

• Offers HostAdvantage — an excellent short-term rental coverage add-on that can be seamlessly added to any policy.

• Extensive list of discounts and policy features to lower your bill and out-of-pocket costs

• A+ credit rating with A.M. Best

Cons

• Beginning to pull back coverage in high-risk areas

• Customer experience scores with J.D. Power are below the segment average

Why we chose Allstate

Allstate is a great all-around company for its robust coverage options, strong financial strength, and its often affordable coverage.

In Washington, Allstate's lower-than-average premiums, high customer satisfaction ratings, and excellent coverage options make it the top choice for homeowners in Washington. The company also offers a few discounts that will be easy for many people to qualify for, including discounts for setting up automatic payments, bundling policies, and signing up for coverage before your current policy expires.

How do Allstate home insurance rates compare to the Washington average?

The average annual cost of an Allstate home insurance policy in Washington is $586 per year, which is about 49% cheaper than the statewide average.

How to get a quote

Online through Policygenius or Allstate, or by contacting a local Allstate agent.