Best companies for high-value home insurance
The insurance company you choose to work with can also affect your premium costs. You can see by reviewing the following table how prices can differ among the five best high-value home insurance companies.
| Insurance Company | Average Annual Cost of High-Value Home Insurance |
|---|
| Cincinnati Insurance | $3,948 |
|---|
| AIG | $4,283 |
|---|
| Pure High-Value | $4,760 |
|---|
| NatGen Premier | $6,324 |
|---|
| Chubb Prestige | $7,799 |
|---|
Cincinnati Insurance
Founded in 1950, Cincinnati Insurance is a subsidiary of Cincinnati Financial Corporation. It offers a variety of insurance products to both people and businesses. With an A.M. Best rating of A+, the company is financially strong and maintains a stable outlook.[4] Cincinnati Insurance is the most affordable high-value home insurance option on average.
AIG
AIG, or American International Group, traces its roots back to 1919 and is a multinational insurance corporation that offers a wide range of insurance products as well as retirement and investment solutions. The company has an A.M. Best financial strength rating of A and scored 809 out of 1,000 in the J.D. Power 2020 U.S. Home Insurance Study, indicating high levels of satisfaction among its customers.[5],[6] AIG is particularly well known for its coverage for high-value homes and collections, as its coverage can exceed policy limits.
Pure High-Value
Pure High-Value is a member-owned insurer catering to high-net-worth individuals and families, offering coverage options specifically designed for their lifestyles and belongings. With an A.M. Best rating of A+, the company is financially strong and maintains a stable outlook.[7] Pure is particularly recognized for its coverage of high-value homes and art collections, offering agreed-value coverage for items (think jewelry and luxury cars), full rebuild or repair for covered losses, and a wide range of risk-management services.
NatGen Premier
NatGen Premier, a subsidiary of National General Holdings, provides car insurance, home insurance, and roadside assistance services for high-net-worth people. The insurer has an A.M. Best rating of A+ and has received high customer satisfaction ratings from J.D. Power, scoring 748 out of 1,000 in 2020.[8],[6] NatGen Premier is the best fit for homeowners who also own luxury cars, as this insurer is known for its robust coverage of luxury and high-performance vehicles.
Chubb Prestige
Chubb Prestige, a division of Chubb Insurance Company of North America, offers insurance policies and services to high-net-worth individuals and families. Chubb has a long history in the insurance industry, with roots tracing back to 1882, and is best known for its stability and strong financial position, holding an A.M. Best rating of A++.[9] The insurer received a J.D. Power score of 809 out of 1,000 in 2022.[10]
Methodology
To evaluate home insurance companies, Insurify data scientists and editorial team analyze multiple factors that reflect a company’s quality, reliability, and financial health. We consider industry ratings and information from sources like A.M. Best, Standard & Poor’s, Moody’s and Fitch, and J.D. Power. We evaluate customer service and satisfaction data, customer reviews, NAIC complaint indexes, claims payout rates, company reputation and proprietary quoting data.
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