Determining the best home insurance companies goes beyond the home insurance rates provided to homeowners. In Boca Raton, FL, the best home insurance companies are rated based on their financial strength, customer service, available discounts, market share, and the speed at which claims are processed.

State Farm

State Farm has superior financial ability in granting all potential claims of current policyholders in Boca Raton, with an A++ rating from A.M. Best. Based on the customer feedback curated by J.D. Power, State Farm scored 3/5 in terms of overall customer satisfaction. When it comes to market share, State Farm occupies 6.86% of the home insurance market in Florida.

Tower Hill

Tower Hill received a rating of A from A.M. Best for its excellent financial ability in granting all potential claims of current policyholders in Boca Raton. Tower Hill was not included in the J.D. Power’s 2018 homeowners insurance survey. NAIC reports that Tower Hill has a market share of 5.97% in Florida.

USAA

USAA received a rating of A++ from A.M. Best for its superior financial ability in granting all potential claims of current policyholders in Boca Raton. It also has a perfect customer satisfaction score of 5/5 from J.D. Power. Even though it offers its services only to veterans, it manages to occupy 3.93% of the market share in Florida.

Security First

Although not rated by A.M. Best or J.D. Power, Demotech has awarded Security First with a financial strength rating of A (exceptional). Security First occupies a market share of 3.59% in Florida.

Progressive

Progressive has a rating of A+ from A.M. Best for its superior financial ability in granting all potential claims of current policyholders in Boca Raton. The home insurance company received a rating of 3/5 from J.D. Power on overall customer satisfaction. According to the NAIC data, it holds a 3.52% market share in Florida.