Homeowners in San Francisco, CA, pay home insurance rates of $583 to $791. San Francisco homeowners have to consider different factors such as quote value, add-on policies, claims processing speed, and customer service to choose the best home insurance companies. Below are the top 5 home insurance companies in San Francisco, CA, by market share.
State Farm is a well-renowned home insurance company in California occupying a market share of 17.56%. The home insurance company has written direct premiums worth $1,469,169 and earned direct premiums worth $1,405,885. A.M. Best has awarded it with a financial strength rating of A++ for its superior financial ability in granting potential claims of current San Francisco policyholders. It holds a customer satisfaction score of 4/5 based on the feedback collected from policyholders by J.D. Power.
Farmers is second in California in terms of market share, with 15.97%. The total value of direct premiums written and earned by Farmers is $1,335,894 and $1,293,054, respectively. It has received a financial strength rating of A+ from A.M. Best for its superior financial ability to grant claims of current policyholders. Based on the feedback curated by J.D. Power, Farmers has a customer satisfaction score of 3/5.
CSAA is another major player in the home insurance segment occupying a market share of 6.51%. CSAA has direct premiums written and earned with a total value of $544,788 and $527,552, respectively. CSAA has an excellent financial ability for granting potential claims, with an A rating by A.M. Best. J.D. Power has awarded CSAA with a rating of 3/5 on customer satisfaction.
According to NAIC data, Liberty Mutual holds a market share of 6.24% in California. The home insurance company has direct premiums written worth $521,782, and direct premiums earned worth $501,655. A.M. Best rated Liberty with an A for its excellent ability to grant potential claims of current policyholders. In terms of overall customer satisfaction, Liberty received a score of 3/5 from J.D power.
Allstate has a market share of 5.91% with direct premiums written worth $494,685, and direct premiums earned worth 488,052. Allstate has the superior financial ability in granting potential claims of current San Francisco policyholders and has been awarded a rating of A+ from A.M. Best. It received a customer satisfaction score of 3/5 from J.D. Power.