Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, including auto, home, life and health. Before cove.
Les Masterson Deputy Editor, InsuranceLes Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, including auto, home, life and health. Before cove.
Written By Les Masterson Deputy Editor, InsuranceLes Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, including auto, home, life and health. Before cove.
Les Masterson Deputy Editor, InsuranceLes Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, including auto, home, life and health. Before cove.
Deputy Editor, Insurance Michelle Megna Lead Editor, InsuranceMichelle is a lead editor at Forbes Advisor. She has been a journalist for over 35 years, writing about insurance for consumers for the last decade. Prior to covering insurance, Michelle was a lifestyle reporter at the New York Daily News, a magazine.
Michelle Megna Lead Editor, InsuranceMichelle is a lead editor at Forbes Advisor. She has been a journalist for over 35 years, writing about insurance for consumers for the last decade. Prior to covering insurance, Michelle was a lifestyle reporter at the New York Daily News, a magazine.
Michelle Megna Lead Editor, InsuranceMichelle is a lead editor at Forbes Advisor. She has been a journalist for over 35 years, writing about insurance for consumers for the last decade. Prior to covering insurance, Michelle was a lifestyle reporter at the New York Daily News, a magazine.
Michelle Megna Lead Editor, InsuranceMichelle is a lead editor at Forbes Advisor. She has been a journalist for over 35 years, writing about insurance for consumers for the last decade. Prior to covering insurance, Michelle was a lifestyle reporter at the New York Daily News, a magazine.
| Lead Editor, Insurance
Updated: Jul 10, 2024, 3:17am
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Homesite has a low level of complaints filed with state regulators compared to the industry average, which can signify customer satisfaction. Its rates are higher than some competitors, but if you’re interested in a wide range of optional benefits, Homesite is still worth considering.
Homesite was founded in 1997 and is owned by American Family Insurance. Based in Boston, Homesite sells homeowners, car, renters, condo, small business and pet insurance.
Homesite offers home insurance policies in every state and Washington, D.C. Beyond standard home insurance coverage, Homesite also sells coverage such as expanded coverage that increases your dwelling coverage limit. It also sells identity theft coverage that reimburses you for expenses associated with repairing the consequences of identity theft.
The company trumpets a quick quote process on its website, which requires your ZIP code and filling out a brief form. Homesite has an A (Excellent) rating for financial strength from AM Best.
Homesite offers standard home insurance policies similar to competitors.
Other structures coverage Detached structures like garages, sheds and fences. Damage or theft of your belongings.Property damage and injuries you accidentally cause to others and your legal defense if you’re sued because of an accident.
Your extra costs, including hotel bills and restaurant meals, when you can’t live at your home because of damage caused by a problem covered by your policy.
Covers small medical bills when someone blames you for their injuries because of your accidental actions (or someone in your household) or your pet’s. Coverage is usually $1,000 to $5,000 and can be paid without determining fault.
See More See LessHomesite home insurance offers extra coverage beyond standard home insurance, including:
Homesite home insurance doesn’t cover everything. Similar to other companies, it doesn’t cover:
The cost of a Homesite home insurance policy is $1,509 for $350,000 dwelling coverage in Maryland. That’s $126 monthly.
Homesite’s cost is $155 more than the state average ($1,354) in Maryland. That doesn’t mean you should write off Homesite as an option, though. Home insurance companies use multiple factors when setting rates including:
You may find that your Homesite offers cheaper home insurance for your specific situation.
Homesite offers multiple types of home insurance discounts, such as:
The easiest way to get a home insurance policy from Homesite is to go to the company’s site and request an insurance quote.
Call Homesite or file a claim through the company’s website.
No matter how you file the claim, there are steps to take in each case:
An adjuster will investigate the claim and decide whether to approve the claim and how much you’re owed minus your home insurance deductible.
Homesite’s complaint levels are lower than the industry average but still higher than many competitors.
Homesite has a better than industry average level of complaints, which is often a sign of customer satisfaction. The insurance company offers extended coverage that goes beyond your dwelling coverage limit if you need to rebuild.
Homesite offers a host of discounts that can help you save including bundling, multiple endorsements, new home and new roof.
If you prefer buying a policy online, Homesite’s online quote process allows you to select coverage types and endorsements and purchase a policy.
If you’re concerned about wildfires, the company partners with Wildfire Defense Systems, which offers wildlife mitigation and loss prevention. During wildfires, WDS sends a National Wildfire Coordination Group-qualified fire engine and crew for mitigation work before the fire reaches your home and returns after wildfires. These services are meant to supplement public wildfire responders.
You may find cheaper home insurance quotes from other insurance companies, though you shouldn’t base your home insurer solely on price.
Homesite doesn’t offer guaranteed replacement coverage, which can play a pivotal role in rebuilding your home in times of rising building costs and inflation. Not many home insurance companies offer that coverage, though.
The company also doesn’t have a mobile app, so people who prefer to communicate that way may want to find a company with an app.
It’s a good idea to get home insurance quotes from multiple companies. Here are other home insurance companies to check out.
Beyond home insurance, Homesite also offers car insurance, condo insurance, renters insurance, pets insurance, commercial insurance and flood insurance.
Homesite home insurance offers competitive rates and a better than average customer complaint ratio. The company offers many of the coverage types found in other home insurance policies and provides many of the same discounts.
American Family Insurance owns Homesite insurance. American Family is the 13th largest property/casualty insurance company in the U.S.
No, Homesite is not owned by Geico but it does underwrite some home insurance policies for the company.
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