Best Home Insurance for High-Value Properties in 2025
Amica, Erie, and State Farm deliver the best home insurance for high-value properties starting at $85 per month. High-value homeowners insurance carriers offer quick claim payouts after major losses, guaranteed replacement cost to rebuild luxury finishes, and higher limits that protect million-dollar estates.
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Brad Larson
Licensed Insurance Agent
Brad Larson has been in the insurance industry for over 16 years. He specializes in helping clients navigate the claims process, with a particular emphasis on coverage analysis. He received his bachelor’s degree from the University of Utah in Political Science. He also holds an Associate in Claims (AIC) and Associate in General Insurance (AINS) designations, as well as a Utah Property and Casual...
Licensed Insurance Agent
UPDATED: Sep 22, 2025
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
UPDATED: Sep 22, 2025
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes should be easy. This doesn’t influence our content. Our opinions are our own.
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The best home insurance for high-value properties comes from Amica, Erie, and State Farm, with rates starting at $85 per month and benefits designed to protect estates worth millions.
Amica helps homeowners recover quickly with expedited claims service after major losses. Erie offers guaranteed replacement cost, making sure luxury finishes and custom designs are fully rebuilt.
Top 10 Companies: Best Home Insurance for High-Value Properties| Company | Rank | Claims Satisfaction | Security Discount | Best for | Jump to Pros/Cons |
|---|---|---|---|---|---|
 | #1 | 679 / 1,000 | 5% | Claims Excellence | Amica |
 | #2 | 674 / 1,000 | 9% | Strong Value | Erie |
 | #3 | 643 / 1,000 | 17% | Reliable Service | State Farm |
 | #4 | 641 / 1,000 | 10% | Premium Coverage | Nationwide |
 | #5 | 638 / 1,000 | 29% | Historic Homes | American Family |
 | #6 | 634 / 1,000 | 10% | Innovative Solutions | Progressive |
 | #7 | 631 / 1,000 | 10% | Customer Support | Allstate |
 | #8 | 617 / 1,000 | 10% | Luxury Homes | The Hanover |
 | #9 | 609 / 1,000 | 10% | Asset Protection | Farmers |
 | #10 | 596 / 1,000 | 10% | Flexible Options | Liberty Mutual |
State Farm adds higher dwelling limits that secure large estates against financial gaps. Together, these companies provide the kind of protection standard policies simply can’t match for high-value homeowners.
- Amica is the top pick for expert estate-level claim handling
- High-value properties gain added protection with higher liability coverage
- Specialized policies safeguard guest houses, pools, and rare assets
Secure coverage from the best homeowners insurance companies for high-value properties by entering your ZIP code into our simple quote comparison tool.
Where to Get the Best High-Value Home Insurance Rates
Insurance costs for high-value homes go up as coverage increases, but what really matters is how those costs climb from one level to the next. Some insurers keep their rate increases fairly modest, which makes it easier to budget long-term. Others raise prices more noticeably at higher coverage levels, which can point to added services or more generous protection.
High-Value Property Insurance Monthly Rates by Dwelling Coverage| Company | $350K | $500K | $1M | $2.5M |
|---|---|---|---|---|
| $88 | $92 | $101 | $118 |
| $86 | $90 | $98 | $112 |
| $94 | $98 | $106 | $124 |
| $90 | $95 | $103 | $120 |
| $85 | $88 | $95 | $108 |
| $87 | $91 | $100 | $115 |
| $93 | $97 | $105 | $123 |
| $91 | $94 | $102 | $119 |
| $92 | $96 | $104 | $121 |
| $89 | $93 | $99 | $116 |
The way rates are structured tells you a lot about how each insurer views high-value homes. Companies with gradual increases, including some of the cheapest home insurance companies, tend to work well for people who want consistent monthly costs without surprises.
Predictable increases across dwelling limits help homeowners budget confidently without surprise spikes in premiums.
Kristine Lee Licensed Insurance Agent
Those with sharper jumps often include specialized endorsements or stronger claims handling, which can be worth it if your property has unique or luxury features. The real decision is less about chasing the lowest price and more about finding the right balance between stability, customer service, and coverage.
Credit Score Impact on High-Value Insurance Rates
Your credit score can shape how much you pay for high-value homeowners insurance, but the way each company handles it is what really matters. Some insurers barely adjust rates as credit scores dip, which keeps costs more predictable. Others charge noticeably more as credit drops.
High-Value Property Insurance Monthly Rates by Credit Score| Insurance Company | Excellent (800+) | Good (670–799) | Fair (580–669) | Poor (<580) |
|---|---|---|---|---|
| $94 | $96 | $99 | $103 |
| $91 | $93 | $96 | $100 |
| $100 | $102 | $106 | $110 |
| $96 | $98 | $102 | $106 |
| $90 | $92 | $95 | $99 |
| $93 | $95 | $98 | $102 |
| $99 | $101 | $105 | $109 |
| $97 | $99 | $103 | $107 |
| $98 | $100 | $104 | $108 |
| $95 | $97 | $101 | $105 |
The patterns behind these rates say a lot about how insurers view risk. When the price difference between excellent and poor credit is smaller, it suggests the company is weighing other factors like claims history or safety features more heavily. Bigger jumps often mean the insurer is more cautious, which could mean higher premiums but also stricter underwriting.
Read More: Is home insurance required?
Biggest Risks Impacting High-Value Home Insurance Rates
Older houses often carry higher premiums because outdated systems or materials can make repairs more expensive. Luxury or high-value homes also cost more to insure simply because the potential payout is much bigger. Where you live plays a huge role, and living in a region with frequent storms or natural hazards can cause premiums to climb quickly.
High-Value Property Insurance Monthly Rate Increases by Risk Factors| Factor | Risk | Premium | Increase |
|---|---|---|---|
| Property | Standard Home | $85 | NA |
| Property | Older Home | $90 | $5 |
| Property | High-Value Home | $95 | $10 |
| Weather | Low Risk Area | $86 | $1 |
| Weather | Moderate Risk Area | $92 | $7 |
| Weather | High Risk Area | $100 | $15 |
These patterns show how insurers weigh both the property itself and the financial risk behind it, making understanding types of homeowners’ insurance policies an important step in comparing options, especially for high-value home insurance in California, where rebuilding costs can run much higher than average.
The most common home insurance risks often carry higher stakes for luxury properties because repair or replacement costs are significantly greater. High-value homes typically feature custom finishes, rare materials, and expensive personal property, which makes them more costly to restore or replace after a loss. As a result, high-value home insurance carriers often charge higher premiums to account for these elevated risks.
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Picking Out High-Value Home Insurance Coverage Options
High-value homes often require more than standard home insurance coverage, particularly for rebuilding costs. Including add-ons for replacement costs can ensure you’re covered for the full rebuild at today’s construction costs, even if prices spike because of inflation or material shortages. Replacing imported stone or custom wood finishes without this coverage could leave you paying heavily.
Unique features like wine cellars, antique chandeliers, or smart-home tech may also need special coverage. Without it, replacing or restoring them could become an expensive surprise. Personal property protection is just as crucial since items like fine art, diamond jewelry, or wine collections often exceed the limits in a typical policy.
High-value coverage raises those limits so your $100,000 painting or $50,000 watch collection doesn’t get stuck under a $10,000 cap. Higher liability limits protect high-value homeowners from costly lawsuits, covering medical bills and legal expenses when accidents happen. If you own more than one home, endorsements can extend protection to vacation or secondary properties.
Recommended Coverage Limits for High-Value Home Insurance
When you shop for the best homeowners insurance for high-value properties, it’s not just about who throws out the biggest coverage limit. What really matters is how those limits are set up and whether they actually work for the type of home you own, which is why it helps to compare homeowners’ insurance quotes before deciding.
Some plans are designed to cover every inch of a big estate, while others focus more on protecting valuables like jewelry, artwork, or custom features. The trick is finding the coverage that lines up with what matters most to you.
High-Value Property Insurance Provider Comparison| Company | Program | Specialty | Limit |
|---|---|---|---|
| Premier Client Group | High-value endorsements | $5M |
| DreamSecure Deluxe | Add-ons for luxury homes | $4M |
| Platinum Choice Home Coverage | Service for high-value homes | $5M |
| ErieSecure Select | Coverage for valuable items | $3M |
| Farmers Premier Home | Premier luxury home options | $5M |
| Private Client Group | Extended replacement coverage | $8M |
| Nationwide Private Client | Private client insurance program | $5M |
| Platinum Home Program | Endorsements for valuable items | $4M |
| Premier Homeowners Program | Broad home coverage options | $5M |
| Prestige Home | Prestige coverage for estates | $4M |
Insurance companies look at risk differently, too. Some insurers go big on coverage limits for large estates, while others focus on add-ons that protect things like art or collectibles. High-value properties in the U.S. often need very different levels of insurance depending on the type of home. Insurers weigh things like custom features, the cost of repairs, and overall risks when deciding how much coverage makes sense.
These coverage amounts reflect the realities of protecting homes that carry unique risks and higher replacement costs. When you look at the best home insurance for high-value properties, it’s not only about the biggest coverage limit. What matters most is how those limits are set up and whether they make sense for your home.
Ways to Save on Home Insurance for High-Value Properties
Adding security features, keeping up a newer home, or sticking with the same company all signal lower risk, and insurers reward those moves with real savings. Security system perks highlight just how much companies appreciate added protection, especially for expensive homes.
Top Home Insurance Discounts for High-Value Properties| Company | Bundling | Green Home | Loyalty | New Home | Security System |
|---|---|---|---|---|---|
 | 12% | 5% | 6% | 4% | 10% |
| 15% | 5% | 8% | 5% | 10% |
| 20% | 6% | 7% | 6% | 5% |
| 12% | 5% | 7% | 8% | 10% |
| 14% | 5% | 6% | 5% | 10% |
| 11% | 7% | 9% | 7% | 10% |
| 16% | 6% | 10% | 9% | 10% |
| 20% | 5% | 12% | 6% | 17% |
| 13% | 6% | 8% | 5% | 10% |
 | 10% | 6% | 11% | 5% | 10% |
The best part is that many homeowners are already doing these things without even realizing they’re lowering their premiums. Bundling makes it easier to manage everything under one provider while trimming your bill, and loyalty rewards prove that sticking with the same insurer can pay off.
Discounts can definitely help, but they’re not the only way to bring down the cost of insuring a high-value home. There are smart moves homeowners can make that reduce risk in ways insurers notice, and those choices often lead to lower premiums without sacrificing protection.
- Choose a Higher Deductible: Moving from a $1,000 to a $5,000 deductible can lower your monthly bill, especially if you rarely file claims.
- Invest in Risk-Reducing Upgrades: Improvements like fire-resistant roofing, storm shutters, or leak detection systems make your property safer and can help cut rates.
- Reassess Appraisals Regularly: If your home has been renovated or market values shift, updating your appraisal can prevent you from paying more than necessary.
- Limit Claim Frequency: Handling small issues out of pocket, like fixing minor water damage, helps keep your claims history clean and your premiums steady.
- Work With a High-Value Specialist: Brokers who focus on luxury homes often have access to programs that deliver broader protection at better prices.
And it’s also worth taking time to estimate home insurance costs based on where you live, since location plays a huge role in how insurers set rates. By thinking beyond discounts, homeowners can take steps that not only save money but also build a stronger, more reliable coverage plan for their high-value property.
10 Best Home Insurance Companies for High-Value Properties
When you look at high-value home insurance, a few big players dominate the market. They have the largest customer base and are where most homeowners put their confidence. These are the companies that have the reach to handle bigger, more complicated claims, especially when searching for the best home insurance for million-dollar homes.
Larger insurers tend to set the tone for pricing across the industry, while smaller companies may stand out by offering niche programs or more personal attention. It also ties into figuring out how much homeowners insurance you need, since larger insurers often set the tone for coverage options as well.
#1 – Amica: Best for Claims Excellence
Pros
- High Claims Score: Amica posts a 679/1,000 satisfaction score, showing reliability for high-value properties during large loss events.
- Loss-of-Use Benefits: Amica policies reimburse additional living expenses, allowing owners of high-value properties to maintain standards while repairs are made.
- Financial Stability: Amica’s A+ rating from A.M. Best shows strong financial strength, giving high-value property owners confidence that their coverage will be there when needed.
Cons
- Limited Discount Depth: The 5% security savings are smaller compared to competitors offering 10–29% for high-value properties.
- Geographic Limitations: Amica availability is not nationwide, leaving some high-value properties without access. Our Amica insurance review breaks down what makes their policies stand out.
#2 – Erie: Best for Strong Value
Pros
- Guaranteed Replacement Cost: Erie policies cover rebuilding high-value properties at full cost, making sure luxury finishes and custom designs are restored without depreciation limits.
- Strong Discount: Policyholders receive a 9% security discount when high-value properties add approved alarms or systems. Explore the Erie insurance review to see options for luxury properties.
- Guaranteed Replacement Cost: Erie policies rebuild high-value properties without depreciation caps, safeguarding luxury finishes.
Cons
- Limited Service Area: Erie is available in only 12 states, excluding many high-value property owners.
- Add-On Restrictions: Endorsements for high-value properties may be fewer than those offered by Nationwide or Hanover’s luxury packages.
#3 – State Farm: Best for Reliable Service
Pros
- Reliable Claims: State Farm scored 643 out of 1,000 in claims satisfaction, showing it provides steady support when high-value property owners need it most.
- Discount Advantage: State Farm offers a 17% security discount, the biggest among the top three, making it easier for high-value property owners with security systems to save.
- Nationwide Agent Access: State Farm’s 19,000+ agents make it easier for high-value property owners to get help locally whenever issues come up.
Cons
- Higher Premiums: Even with discounts, monthly rates for high-value properties are usually higher than Erie’s more affordable options. The State Farm insurance review details why it ranks high with homeowners.
- Claim Resolution Speed: Big losses on high-value properties can sometimes take longer to settle compared to Amica’s faster claims handling.
#4 – Nationwide: Best for Premium Coverage
Pros
- Coverage Depth: Nationwide offers premium add-ons, including Valuables Plus for jewelry and collectibles in high-value properties.
- Reliable Claims: A 641/1,000 score shows consistent service for large-scale claims in high-value properties. The Nationwide insurance review shows why it ranks well for claims.
- Security Savings: Owners of high-value properties receive a 10% discount when qualifying devices are installed.
Cons
- Limited Availability: Nationwide coverage for high-value properties is not offered in every state, leaving some homeowners without access.
- Elevated Premiums: Nationwide’s premium add-ons increase monthly costs for high-value properties.
#5 – American Family: Best for Historic Homes
Pros
- Historic Coverage: Policies include endorsements for older, high-value properties, helping preserve unique architecture and design features.
- Highest Discount: A 29% security discount is the strongest among competitors, making it easier for high-value property owners to lower premiums.
- Claims Satisfaction: A 638/1,000 rating reflects dependable support when historic high-value properties face major damage.
Cons
- Geographic Limits: Coverage is available in only 19 states, leaving many high-value properties without access. The American Family Insurance review shows why many trust its property protection.
- Specialty Focus: Works best for historic high-value properties, but may not provide the same depth of coverage for modern luxury estates.
#6 – Progressive: Best for Innovative Solutions
Pros
- Tech Innovation: Online claims tools make it easier for high-value property owners to handle complex losses quickly and with less stress.
- Financial Strength: Progressive holds an A+ rating from A.M. Best, giving high-value property owners confidence that their claims will be paid.
- Bundling Value: Progressive allows high-value properties to reduce costs by combining home coverage with auto policies. Check the Progressive insurance review to see how it handles complex property losses.
Cons
- Service Gap: With a 634/1,000 claims satisfaction, Progressive trails Amica’s higher 679/1,000, which may affect high-value property owners needing fast payouts.
- Limited Luxury Add-Ons: Progressive lacks the premium endorsements for high-value properties that Hanover or Nationwide offer for collectibles and art.
#7 – Allstate: Best for Customer Support
Pros
- Customer Service: Allstate is known for its personal support, making high-value property claims easier for homeowners to deal with.
- Security Savings: High-value properties can qualify for a 10% discount when approved alarm systems are in place. Check the Allstate insurance review to see how it compares on premium costs.
- Valuable Items Endorsement: Policies can be expanded to cover jewelry and fine art often found in high-value properties.
Cons
- Mid-Level Ranking: A 631/1,000 claims score falls behind Erie’s 674/1,000, which could mean slower claim resolution for high-value property owners.
- Premium Costs: Policies for high-value properties are often more expensive than Progressive’s bundled savings, making affordability harder for some homeowners.
#8 – The Hanover: Best for Luxury Homes
Pros
- Luxury Specialization: Policies fit custom high-value properties, covering estates with extras like pools, guesthouses, and wine collections.
- Discount Rate: High-value property owners can get a 10% security discount when modern devices are installed. Check The Hanover insurance review to see options for custom estate protection.
- Tailored Endorsements: Coverage can be extended to rare collectibles, fine art, and high-end furnishings often found in high-value properties.
Cons
- Lower Claims Score: With 617/1,000, Hanover trails Amica and Erie, resulting in slower high-value property claim handling.
- Geographic Availability: Hanover coverage for high-value properties is limited to specific regions, excluding nationwide access.
#9 – Farmers: Best for Asset Protection
Pros
- Liability Coverage: Farmers offers higher liability limits, giving high-value properties added protection if a major lawsuit happens.
- Strong Financial Strength: Farmers has an A rating from A.M. Best, giving high-value property owners peace of mind that large claims can be paid.
- Nationwide Access: Farmers makes coverage for high-value properties available across the country, so homeowners have options almost anywhere.
Cons
- Low Claims Rating: With a 609/1,000 score, Farmers ranks below Nationwide’s 641/1,000, which may leave high-value property owners less confident about claims.
- Elevated Premiums: Monthly premiums for high-value properties often run higher than competitor averages, even after the 10% discount. Our Farmers Insurance review explains how security discounts can lower premiums.
#10 – Liberty Mutual: Best for Flexible Options
Pros
- Flexible Policies: Liberty Mutual lets high-value property owners mix and match coverage, adding things like umbrella liability, valuables protection, and extra options for unique features.
- Security Discount: High-value properties can save 10% when approved protective systems are installed.
- Umbrella Coverage: Liberty Mutual extends liability options that safeguard high-value properties against large lawsuit exposures.
Cons
- Weak Claims Score: Liberty Mutual’s 596/1,000 rating makes it the lowest-ranked for high-value property claims, raising service concerns.
- Rate Volatility: Premiums for high-value properties often increase after filing claims, despite security discounts. Check the Liberty Mutual insurance review to see why claims scores matter.
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How to Choose the Best Home Insurance for High-Value Properties
The best insurance company for a high-value home will mix strong protection with ways to keep costs down. Amica earns trust with a reliable claims service that makes handling big losses less stressful.
Erie adds value by offering guaranteed replacement cost so that luxury finishes can be restored without depreciation limits. State Farm makes a difference with its 17% security discount, lowering premiums for homes with added protection.
To find the best home insurance for high-value properties near you, start by figuring out how much homeowners insurance you need, comparing homeowners insurance quotes online, and choosing how you want to buy a homeowners insurance policy so it works best for your situation.
Enter your ZIP code to see providers with the right mix of coverage and price near you, and know you’ll have help if you ever need to file a home insurance claim after a wildfire.
Frequently Asked Questions
What is the best insurance company for a high-value home?
Amica, Erie, and State Farm rank among the best insurance companies for a high-value home because Amica offers a 679/1,000 claims satisfaction score, Erie provides guaranteed replacement cost to rebuild luxury finishes, and State Farm gives the highest security discount at 17%.
What is the most important coverage of homeowners insurance?
Dwelling coverage is the most important coverage of homeowners insurance because it ensures your home can be fully rebuilt at current construction prices, even if material costs spike due to inflation or shortages, and adding upgrades like energy-efficient systems can help you save money with solar while protecting long-term value.
Why is an HO-6 homeowners policy more expensive than an HO-3?
An HO-6 is more expensive than an HO-3 since condo owners need coverage for interiors, custom upgrades, and liability in shared spaces, while HO-3 policies typically focus only on single-family structures.
Is HO-6 the same as condo insurance?
Yes, HO-6 is the same as condo insurance because it protects the condo unit’s interior, including flooring, cabinetry, and appliances, as well as personal property, while the condo association covers shared areas.
What is HO-3 in homeowners insurance?
HO-3 in homeowners insurance is a broad policy covering the structure against all perils except exclusions, while personal belongings are covered under named perils such as theft, fire, or vandalism.
How do you choose the best homeowners insurance?
To choose the best homeowners insurance, compare homeowners insurance quotes, evaluate policy options such as extended replacement cost or valuables coverage, check if homeowners insurance covers wildfires in your area, and review insurer financial strength ratings like A.M. Best to confirm stability.
Why is home insurance so much more expensive?
Home insurance is so much more expensive today due to rising construction labor costs, increased natural disaster risks like hurricanes and wildfires, and inflation driving up the replacement value of high-value homes.
Which type of property insurance coverage is more expensive?
Dwelling coverage for high-value properties is more expensive than standard home insurance because it accounts for features like imported stone, custom woodwork, and higher rebuilding costs that exceed typical policy limits.
What is not protected by most homeowners insurance?
Most homeowners insurance does not protect against floods, earthquakes, or maintenance issues like mold. For example, flood coverage must be purchased separately through FEMA’s NFIP or private insurers, and upgrades like walk-in tubs are usually considered improvements rather than covered risks unless tied to a specific endorsement.
Which company has the highest price for home insurance?
The company with the highest price for home insurance varies by location and coverage needs. Providers like Amica or Nationwide often rank higher due to premium add-ons and stronger coverage for high-value homes. Comparing multiple quotes helps identify the most expensive option in your area.
Does the name on my insurance policy need to match the name on my mortgage loan and deed?
Yes, the name on your insurance policy must match the mortgage loan and deed to satisfy lender requirements and avoid rejected claims if a loss occurs.
Do I need to change my policy when I rent out my home?
Yes, you need to change your policy when renting out your home to landlord insurance, which covers risks like tenant damage and lost rental income. It’s also smart to get multiple insurance quotes before switching, so you can find the best coverage and rate for your situation.
If I’m not on the mortgage, can I still get homeowners insurance?
Yes, you can get homeowners insurance if you hold the property title, but the policy needs to match the legal owner to make sure the coverage counts.
If the value of my home goes up, do I need to increase my coverage?
Yes, if the value of your home increases, you should raise your coverage to match updated rebuilding costs, preventing underinsurance penalties that leave you paying out of pocket.
Discover the best rates on home insurance for high-value properties by entering your ZIP code into our free quote comparison tool.
Enter your zip code below to view companies that have cheap insurance rates.
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Brad Larson
Licensed Insurance Agent
Brad Larson has been in the insurance industry for over 16 years. He specializes in helping clients navigate the claims process, with a particular emphasis on coverage analysis. He received his bachelor’s degree from the University of Utah in Political Science. He also holds an Associate in Claims (AIC) and Associate in General Insurance (AINS) designations, as well as a Utah Property and Casual...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
