Explore five major U.S. home insurance companies, current market information, switching trends, coverage factors, policy options, and key details homeowners can review when researching home insurance policies for 2027. Consider coverage limits, deductibles, exclusions, claims processes, eligibility requirements, policy features, and renewal considerations when comparing available insurance options.
Top 5 Home Insurance Companies Homeowners Are Switching To In 2027 is a topic that reflects growing interest in the U.S. homeowners insurance market. Current industry data identifies several large insurers by nationwide homeowners insurance premiums, including State Farm, Allstate, USAA, Liberty Mutual, and Farmers. However, available 2026 information does not establish that these companies will be the five most selected by homeowners in 2027. Premium changes, availability, claims experience, coverage needs, weather risks, and underwriting practices can influence switching decisions. Homeowners researching insurance for 2027 can review coverage limits, deductibles, exclusions, claims procedures, financial strength, and state availability when examining different insurance providers and policy options.
Homeowners insurance markets continue to change as insurers respond to claims costs, severe weather, inflation, and changing property risks. J.D. Power reported that 47% of homeowners in its 2025 U.S. Home Insurance Study had experienced a premium increase during the previous year, while the NAIC has been collecting nationwide market data to better understand premiums, availability, claims, cancellations, and non-renewals.
The phrase “switching to in 2027” should therefore be treated as a topic for research rather than a confirmed forecast.
According to 2025 NAIC market-share data, the five largest homeowners insurance groups by direct written premium were State Farm, Allstate, USAA, Liberty Mutual, and Farmers. This is a measure of market size, not a prediction of which companies homeowners will choose in 2027.
These companies can be researched based on:
State Farm held the largest share of U.S. homeowners multiple-peril direct written premiums in the 2025 NAIC data, at 18.69%. Market share indicates the scale of an insurer's existing business rather than future customer movement.
Homeowners researching a large national insurer can review:
Allstate ranked second by 2025 homeowners multiple-peril direct written premium, with a 9.42% national market share in the NAIC data.
When researching Allstate or another insurer, homeowners can examine:
USAA represented 7.02% of 2025 homeowners multiple-peril direct written premiums according to the NAIC data. USAA has specific membership eligibility requirements, so its availability is not the same as that of a broadly accessible insurer.
Research should include:
Liberty Mutual and Farmers were also among the largest U.S. homeowners insurance groups in 2025, with 5.51% and 5.46% market shares respectively.
For either company, homeowners can review:
Insurance shopping can increase when premiums change. J.D. Power found that homeowners experiencing premium increases were more likely to shop for insurance, with recent rate increases among the leading reasons cited by customers who switched insurers.
Other factors may include:
Homeowners researching policies for 2027 can compare the actual coverage offered rather than relying only on company names or market size. State insurance rules and availability can differ considerably.
Useful comparison points include:
The NAIC launched a nationwide homeowners insurance data call in 2026 covering policy years from 2018 through 2025. The data includes premiums, claims, cancellations, non-renewals, coverage limits, deductibles, and mitigation discounts. Regulators planned to release a public report in early 2027.
This future information may provide additional insight into: