7 Cheapest Homeowners Insurance Companies in 2025 | Affordable Coverage Options Explained
Seven cheapest homeowners insurance companies in the U.S. Learn what makes each one stand out, compare rates, and find the best affordable coverage for your home without sacrificing protection.
In today's blogg, we're breaking down the seven cheapest homeowners insurance companies and what makes each one stand out. What's up you guys? and if you're looking to protect your home without overspending, this is the guide you need. Finding affordable coverage that still protects your house and belongings honestly isn't easy.
Every provider sets prices differently based on your location, your home, and even your credit history. That's why we're going to go one by one through seven companies that consistently show up on the cheapest list. By the end, you'll have a clear picture of which ones deserve a closer look.
What Is Homeowners Insurance?
So, before we get into it, let's deep dive into what homeowners insurance is. Homeowners insurance essentially protects your home, your belongings, and your liability. It covers damage from things like fire, theft, or storms. It protects what's inside your home, like furniture, appliances, and clothing. It also offers liability coverage if someone gets injured on your property.
Most policies even help pay for temporary housing if your home is unlivable after a covered event. But the thing is, policies and prices do vary a lot. Your premium depends on where you live, the age of your home, and even how many claims you've filed before. That's why comparing companies is the best way to make sure you're not overpaying.
1. Lemonade
Okay, let's get into it. Number one is Lemonade. Lemonade has become one of the most affordable options in states where it's available. Their digital first approach keeps costs lower since you don't need agents or phone calls to manage your policy. You can get a quote in minutes. Adjust your coverage right in the app and file claims without waiting days for paperwork.
The affordability comes from efficiency because everything is automated. Lemonade doesn't spend as much on overhead, and that means cheaper premiums for you. They're especially popular with first-time homeowners or young buyers who want a no fuss experience. That being said, Lemonade is actually not available everywhere. So, if you're in a state they cover, it's worth a look, especially if you're comfortable doing everything online. If you're someone who prefers walking into an agent's office, Lemonade is probably not going to be the best fit for you.
But to get a quote for Lemonade, all you have to do is click our link down in the description below. You can just click check our prices, and it's so simple. They walk you through step by step. It's almost like you're talking to a virtual agent. So, we'll go ahead and click nope. Then, we can go to homeowners. Enter in your first and last name. You can enter in your address and they're just going to ask you a couple of their questions and you'll get a quote emailed to you. It's super simple.
2. State Farm
Number two is State Farm. State Farm continues to be one of the cheapest options for many households, especially when you bundle home and auto insurance together. Their network of local agents means you can sit down and ask questions in person, which a lot of homeowners still value. The reason State Farm often comes in cheaper is their discounts.
Bundling is the biggest one. You can save hundreds a year by having both your car and your home with them. They also reward homeowners with smart security systems, smoke detectors, and a history of staying claim free. For example, a homeowner with a new build in the suburbs who also insurers two cars with State Farm might see significantly reduced rates compared to piecing insurance together with different companies.
State Farm really does hit the sweet spot between affordability and customer service. If you want to get a quote from State Farm, click our link down in the description below. All you have to do is go ahead and click home. You'll type in your zip code and then you can go ahead and start a quote. Again, it's very quick and easy and simple, which which we love around here.
3. USAA
Number three is USAA. If you're in the military community, USAA is one of the cheapest and most comprehensive options available. They consistently offer below average premiums and many extras come included that other insurers charge for like replacement cost coverages for your personal belongings. The catch though is eligibility. You need to be an active service member, a veteran, or have a family member who has been in the military. But for those who qualify, USAA really is hard to beat.
Reviews show that not only are their premiums low, but their claims process is often pretty smooth, especially compared to other competitors. Just imagine someone buying their firsttime home after service. With USAA, they'd not only get affordable coverage, but also a policy designed around the needs of military families, including flexible options for homes near basis or coverage while stationed away.
4. Geico
Number four is Geico. Geico is best known for auto insurance, but they also do provide homeowners insurance through partner companies. The real savings come when you bundle. If you're already a Geico auto customer, adding a home policy often unlocks strong discounts. Geico's affordability is tied to convenience. You manage everything in one place, and that makes them appealing for homeowners who want to keep insurance simple.
The trade-off is that your actual homeowner's policy is issued by a partner, which does mean claims are handled by another company. Still though, Geico regularly shows up as one of the cheapest options for people who already trust them with car insurance. For example, if you're a family with multiple vehicles in a new home, bundling with Geico could lower your total insurance across the board.
5. Travelers
Number five is Travelers. So, Travelers is one of the oldest insurance providers in the country, and they've remained competitive by offering low average premiums in many states. This year, they're still ranked as one of the most affordable national insurers. The savings comes from their wide range of discounts. They reward homeowners for having no recent claims, for using smart home monitoring, and for bundling multiple policies.
For homeowners in areas where natural disasters aren't as common, Travelers is often one of the cheapest options available. Take for example a couple in the Midwest with a modest home, no claims history, and a security system. With Travelers, they'd likely get some of the lowest rates on the market. It's a balance of affordability and availability. Since Travelers is licensed in almost every state,
6. Progressive
Number six is Progressive. So, Progressive is another auto giant that has expanded into homeowners insurance. They're especially competitive for homeowners who might struggle with higher rates at other insurers, like those with poor credit or a recent claim on file. Because Progressive underwrites through affiliates, they're able to shop around behind the scenes, often landing a lot cheaper rates for homeowners in more complicated situations.
If you've been turned down or quoted sky-high prices elsewhere, Progressive is definitely worth a look. For example, if you've had a roof claim in the last few years, Progressive might still give you a reasonable rate where others won't. That makes them a go-to for homeowners who want affordability even with a less than perfect insurance history.
7. Auto-Owners Insurance
And lastly is number seven, which is auto owners insurance. So, auto owners isn't as wellknown nationally, but in the states where they operate, they're often among the cheapest options. They offer traditional coverage along with add-ons like equipment breakdown protection and guaranteed replacement costs for your home. What makes auto owners affordable is their balance of old-fashioned service through independent agents combined with lower base premiums than some of the bigger names.
They're especially strong in the Midwest and Southwest where homeowners consistently report below average prices. Picture a homeowner in Michigan with a mid-range house. auto owners could give them the same protections as national brand, but with a lower premium with the bonus of a local agent to handle questions.
Comparing Prices and Finding the Best Fit
Now, prices for homeowners insurance vary widely depending on your location, the age of your home, and your claims history. National averages show that USAA is usually the cheapest for those who qualify, while travelers and progressive often come in the lowest for the general public.
Lemonade is usually the cheapest for techsavvy buyers in eligible states and State Farm and Geico shine with bundling discounts and auto owners often leads in states where they operate. If you want to see which company will actually give you the best price for your home, I would recommend using this homeowners insurance survey. I've left a link down in the description for you.
And once you click that link, all you have to do is fill out this short survey and you'll get a bunch of different options and different rates. So, you'll type in your zip code. Then you'll answer what type of property do you live in? Single family home.
Then when was your home built? How many bedrooms? What is your age? What's your approximate household income? Do you know your credit score? And then how many cars does your household own? And then has anyone in your household served in the US military excluding dishonorable discharge? Go ahead and click submit. And then you will get a bunch of different quotes.
Which One Should You Choose?
So which one should you choose? The answer really depends on your situation. If you qualify for USAA, that's usually the best overall deal. If you're in a state where Lemonade is active and you're comfortable with a digital first experience, they're one of the cheapest options. Again, State Farm and Geico are excellent for homeowners who want to bundle with auto insurance. And then Travelers is great for broad availability and reliable discounts.
And then Progressive works well if you've had claims or credit challenges. The cheapest company for your neighbor may not be the cheapest for you. That's why it's always worth getting multiple quotes. So that's why again I highly recommend taking that survey to find the best deal possible.
Final Thoughts
One thing I want to leave you with is this. You shouldn't just go for the cheapest homeowner's insurance. You should go for the one that actually fits your lifestyle and protects your home the way you need it to. The lowest premium won't help much if it leaves out of coverage. That's important for your situation. Taking a few minutes to compare the options is really going to give you clarity and confidence. Okay, you guys, that wraps up this blogg.
Again, use the survey link. It's going to help you so much to get a clear picture of what your options are. This channel is dedicated to breaking down insurance in simple, clear terms so you can make smart choices for yourself, your family, and your finances. We'd love to hear from you. Thank you so much for reding and I'll see you in the next blogg
FAQ About Homeowners Insurance Companies
1. What is the cheapest homeowners insurance company in 2025?
The cheapest homeowners insurance company in 2025 often depends on your location and personal factors. However, USAA, Lemonade, and Travelers consistently appear among the lowest-cost options for many homeowners.
2. How can I find affordable homeowners insurance near me?
To find affordable homeowners insurance near you, compare quotes from multiple providers, consider bundling with auto insurance, and check for discounts like smart-home or claim-free savings.
3. Is Lemonade a good choice for homeowners insurance?
Yes, Lemonade is a great option for tech-savvy homeowners who prefer a digital-first experience. It offers affordable premiums, a fast claims process, and easy online management — though it’s not available in all states.
4. Does State Farm offer cheap homeowners insurance?
Yes. State Farm is one of the most affordable and trusted insurers, especially when you bundle home and auto coverage together. Their discounts and local agents make them a popular choice.
5. Who qualifies for USAA homeowners insurance?
USAA is available only to active-duty military members, veterans, and their eligible family members. For those who qualify, it offers some of the best coverage and lowest premiums on the market.
6. Can I bundle Geico auto and home insurance?
Yes, you can bundle Geico auto and home insurance for significant savings. Even though Geico partners with other insurers for home coverage, bundling through their platform can lower your total costs.
7. Is Progressive homeowners insurance good for people with poor credit?
Yes. Progressive often provides affordable homeowners insurance even for those with lower credit scores or a recent claim. Their affiliate network helps find competitive rates in challenging cases.
8. Are Travelers homeowners insurance rates competitive?
Yes. Travelers remains one of the most competitively priced national insurers. They reward claim-free homeowners and offer discounts for smart-home monitoring systems and bundled policies.
9. What makes Auto-Owners Insurance affordable?
Auto-Owners Insurance combines lower base premiums with personalized service through local agents. They’re especially known for competitive pricing in the Midwest and Southwest.
10. How do I choose the best homeowners insurance for my needs?
Start by comparing quotes from at least three companies, checking coverage options, discounts, and customer service ratings. The best insurance isn’t just the cheapest — it’s the one that fully protects your home and fits your lifestyle.
Conclusion
Finding the cheapest homeowners insurance company doesn’t mean settling for less protection. As we’ve seen, each provider — from Lemonade and State Farm to USAA, Geico, Travelers, Progressive, and Auto-Owners Insurance — offers unique advantages depending on your budget, location, and lifestyle.
To get the best homeowners insurance in 2025, compare quotes from multiple companies, explore discounts, and choose a policy that truly protects your home and belongings. While price matters, the right coverage gives you peace of mind knowing your investment is secure.
Take a few minutes today to compare options, check eligibility for special discounts, and find the most affordable homeowners insurance that fits your needs. The effort now can save you hundreds each year — and protect your home for years to come.