Best and Cheapest Homeowners Insurance in Washington, D.C. for 2024

Thinking about having to file a home insurance claim is likely the last thing you want to worry about as a homeowner. From storm damage to theft to fires, there are many things that may cause you to file a homeowners claim. In the event something happens, don’t you want to feel confident you’ve protected your home with one of the best Washington, D.C. homeowners insurance companies?

To help you be more confident in your homeowners insurance company, we have reviews and rankings for hundreds of homeowners insurance companies so you can evaluate and compare the best Washington, D.C. home insurance companies. In the table above, you can sort through every homeowners insurance company ranked on Clearsurance. Next to each insurer you’ll find the company’s rating, which is based exclusively on the reviews and ratings provided by customers. Note: Only those companies with at least 25 homeowners insurance reviews are eligible to appear in the best Washington, D.C. homeowners insurance rankings.

If you’re looking for additional information on one of the best homeowners insurance companies in Washington, D.C., you can visit the company’s profile page where you’ll learn about the company, additional coverages and potential discounts offered. You can also read reviews to see what other policyholders have to say about the home insurance company.

On this page:

• Best homeowners insurance rates in Washington, D.C. for a $200K dwelling
• Best homeowners insurance rates in Washington, D.C. for a $400K dwelling
• Washington, D.C. crime statistics
• Washington, D.C. disaster statistics

What types of coverage are included in a homeowners policy?

Different homeowners policies will include different types of coverage, but the standard policy usually includes the following.

• Dwelling coverage – This is coverage for your house itself, and usually contains protection from perils like fire, smoke, lightning, vandalism and malicious mischief, and more.
• Other structures coverage – This covers any additional structures you have on your property, like sheds, garages, and carports.
• Personal property coverage – This is coverage for the property inside your home. It pays for the repair or replacement of items that are damaged or stolen.
• Personal liability coverage – Liability protection pays for medical bills if someone is injured on your property, i.e., if someone trips and falls or your dog bites someone.

Additional coverage options are usually available to add to your policy as well. Additional living expenses coverage pays for the cost of hotels and food if you are unable to live in your home as a result of damages. Identity theft coverage protects your personal information from would-be thieves.

People living in high-risk areas should ask their homeowners insurance company if they need to purchase a separate policy to cover the appropriate perils, such as flood insurance or earthquake insurance.

People who live in high-value homes or who keep valuable items in their home like jewelry or musical instruments, may wish to increase their policy limits. Those with considerable personal wealth may wish to increase their liability limits.

Who has the best homeowners insurance rates in Washington, D.C. for a $200K home?

Out of the companies analyzed, USAA - a company for military members and their families - offers the cheapest rates on average for Washington, D.C. homeowners with a $200K home. If you don't qualify for USAA's coverage, the cheapest rates for you are offered by Chubb.

In the table below, you can view and compare average homeowners insurance rates for a $200K home from the top five most popular companies in Washington, D.C.

These rates are based on a $200,000 dwelling with the following coverage limits: $100,000 personal property, $20,000 loss of use, $20,000 other structures, $300,000 liability and $5,000 medical. The policy has a $1,000 deductible. The house used for the profile was constructed in 2004 and the individual had a good insurance score. The rates displayed should only be used for comparative purposes as individual rates in Washington, D.C. will differ. Rate data is provided by Quadrant Information Services.

Who has the best homeowners insurance rates in Washington, D.C. for a $400K home?

Among the companies analyzed, USAA - a company for military members and their families - provides the cheapest homeowners insurance, on average, for a $400K home. If you're not eligible for coverage from USAA, the next cheapest company is Chubb.

The table below displays average homeowners insurance rates for a $400k home in Washington, D.C. Average premiums are listed for the five largest companies in D.C. by market share.

These rates are based on a $400,000 dwelling with the following coverage limits: $200,000 personal property, $40,000 loss of use, $40,000 other structures, $300,000 liability and $5,000 medical. The policy has a $1,000 deductible. The house used for the profile was constructed in 2004 and the individual had a good insurance score. The rates displayed should only be used for comparative purposes as individual rates in Washington, D.C. will differ. Rate data is provided by Quadrant Information Services.

What are the Washington, D.C. property crime statistics?

Theft and vandalism or malicious mischief are among the 16 perils a standard homeowners insurance policy protects you from. So, how does crime in Washington, D.C. compare to other states around the country? The FBI published the following statistics on crime in Washington, D.C. for 2016:

• Property crime - 32,716
• Burglary - 2,361
• Larceny theft - 27,382

When compared to the national average rate per 100,000 inhabitants, property crime and larceny theft in Washington, D.C. rank above the national average but burglary ranks below the national average.

What are the Washington, D.C. disaster statistics?

Weather-related incidents are typically among the costliest homeowners insurance claims. FEMA has published statistics for each state since 1953. Data is updated through August 2018. Here’s a look at the Washington, D.C. federally declared disasters since 1953:

• Severe storm - 9
• Hurricane - 6
• Snow - 3
• Earthquake - 1

How are homeowners insurance rates calculated in Washington, D.C.?

Ever wonder why you pay what you do for home insurance? Some things may be obvious, like the age of your home. But other factors that contribute to the price of homeowners insurance in Washington, D.C. may not be as obvious. Here’s a list of some of the things homeowners insurance companies consider when quoting you a rate:

• The level of coverage required
• The size of your mortgage
• Your credit score
• The square footage of your home
• The geographic location of your home in Washington, D.C.
• The condition of your home
• The age of your home
• The proximity of your home to a fire station
• Your previous claims record
• The amount of your deductible
• Optional add-ons like umbrella insurance

Zillow estimates that homeowners can expect to pay approximately $35 each month for every $100,000 of your home's value.

How can you save money on your homeowners insurance premium?

Many homeowners insurance companies offer discounts for having certain safety features in your house, such as a smoke alarm and a burglar alarm.

You can also cut down on the cost of homeowners insurance by bundling your homeowners policy with your auto insurance policy. Some companies also allow you to bundle with other types of insurance, like a life insurance policy or boat insurance policy.

Additional homeowners insurance discounts may be available, so make sure to ask about this when you're shopping around for quotes.

How does Clearsurance rate and rank the best homeowners insurance companies in Washington, D.C.?

Consistent with its mission towards greater transparency, Clearsurance does not keep its rating and ranking formulas in a black box. Our algorithm analyzes a range of inputs from our independent community of insurance customers, including:

• Price
• Customer Service
• Claim service
• Likelihood to renew

The algorithm also takes into account the percentage of what customers say the company does well vs. the percentage of what customers say the company could do better.

The Clearsurance customer ratings and rankings are derived entirely from customer reviews and ratings.

What is a homeowners insurance guide?

Your home is likely your most valuable asset, making it that much more important that you insure your home with one of the best Washington, D.C. homeowners insurance companies. But beyond just picking a company, it’s crucial to have the right coverage and to understand that coverage. Did you know that a standard homeowners insurance policy has six types of coverage? And did you know that there are usually 16 types of perils found in a homeowners insurance policy?

At Clearsurance, we want to make sure you have a strong understanding of your homeowners insurance coverage and what it all means. Check out our homeowners insurance guide to become a smarter insurance customer. And for more educational content on other homeowners insurance topics, check out our homeowners insurance blog!