While home insurance may seem like an added expense, it can protect your property and give you peace of mind. The best Washington home insurance providers offer comprehensive coverage and competitive prices. In addition, many offer discounts that can help you save money on your premiums. NerdWallet’s editors have reviewed the top home insurers in Washington and highlighted those that stand out for their dependable customer service, large selection of policy options and industry-best financial stability ratings.
The best homeowners insurance companies in Washington are State Farm, Liberty Mutual and USAA. State Farm offers a broad selection of policy options and has excellent customer service marks, while Liberty Mutual is known for its tailored coverage that meets the unique needs of residents in the Pacific Northwest. USAA is an exceptional choice for military families, as it provides customized policies and has the highest satisfaction score among this population. Its offerings include a variety of unique coverages, such as contents replacement cost that doesn’t take depreciation into account.
Some common issues that result in home insurance claims include damage from fires, floods, tornadoes and windstorms. A standard home insurance policy typically covers these issues, but there are some exceptions that you should be aware of. If you have a swimming pool, it’s important to add extra water coverage to your policy, as it isn’t always covered automatically. Additionally, if your home is at a higher risk for earthquakes, you may need to purchase extra earthquake insurance.
Other potential exclusions include power failure, intentional loss and wear and tear. It’s also a good idea to carefully read your policy to ensure you understand what is and isn’t covered.
In addition to standard coverages, you can purchase optional homeowners insurance in Washington that will cover items like personal belongings and additional living expenses. In some cases, this coverage can pay for costs such as pet boarding, laundry services and hotel bills if your home is uninhabitable following a disaster.
You can buy home insurance in Washington by contacting an agent, visiting an online quote tool or calling a company’s customer service line. The process is simple, and once you’ve completed it, you can compare quotes from several insurers to find the best policy for your budget.
It’s also important to remember that the amount of money you receive if you make a claim is typically equal to about 80% of the value of your home, according to state law. This is referred to as the 80% rule.
The final step in buying home insurance in Washington is to review your policy and contact the company if you have any questions or concerns. Many companies have helpful resources for their customers, including FAQ pages and videos. Some even provide mobile apps for easy access to the information you need.
The average cost of home insurance in Washington is $1,009 — around 41% less than the national average. The best home insurance companies in Washington will offer comprehensive coverage at a competitive price.
