Get insights on High Risk Home Insurance & Standard Home Insurance: Costs, Companies, and Coverage Options to secure the right policy for your unique needs.
Protecting your home with the right insurance is essential to safeguarding your largest investment. However, not all homes are easy to insure. Factors such as location, age, or your home’s condition may classify it as high-risk. Also, as a homeowner, your insurance history, claims record, or credit score could label you as high-risk. Despite these challenges, insurers still offer coverage tailored to high-risk properties and owners. Below is an overview of the top homeowners insurance companies in 2025, including their costs, standout features, and who they are best for.
The Best High Risk Home Insurance Companies for High Risk Homeowners in 2025
1. Allstate – Best for Affordability
Cost
The cost of a policy with Allstate varies depending on individual circumstances. The best way to obtain accurate pricing is to request a personalized quote.
Policy Highlights
• Combines affordability with a strong reputation for customer satisfaction.
• Willing to insure unique homes, including those over 100 years old.
• Offers optional home sharing coverage for additional flexibility.
Who’s This For?
If you are a high-risk homeowner, Allstate offers several discounts to help control costs. These include rate reductions for recent homebuyers, retirees, and homes with features that enhance safety or mitigate weather-related damage. Bundling home and auto insurance with Allstate can provide savings of up to 25%.
Coverage Options Include:
• Claim RateGuard benefit that prevents rate increases for one claim every five years.
• Discounts for safety or security installations.
• Premium reductions for retirees and weather-ready upgrades.
2. American Family Insurance – Best for Vacant Homes
Cost
Premiums depend on the specifics of the property and coverage requirements. Requesting a quote is the most accurate way to determine your costs.
Policy Highlights
• Offers coverage options for primary residences, home-based businesses, and short-term rentals.
• Insures vacant homes, providing flexibility for three, six, or twelve-month policies.
• Add-ons available to customize protection as required.
Who’s This For?
Homeowners with vacant properties due to renovations, sales, or other reasons can benefit from American Family Insurance’s tailored policies for vacant and vacation homes.
Coverage Options Include:
• Sump pump and water backup coverage.
• Roof damage protection.
• Inland flooding insurance.
• Service line repairs and short-term rental coverage.
3. Foremost – Best for Older Homes
Cost
Foremost provides personalized rate quotes to accommodate unique situations. Reach out to get precise pricing information.
Policy Highlights
• Covers an array of scenarios, including seasonal homes, condos, and properties deemed uninsurable by other companies.
• Handles high-risk properties with features like swimming pools or older roofs.
• Covers homes rejected by other insurers due to claims history or aging infrastructure.
Who’s This For?
Owners of older properties with wear and tear or extensive claims history can rely on Foremost’s broad acceptance criteria.
Coverage Options Include:
• Extended replacement cost add-ons that increase the dwelling limit by up to 50%.
• High-risk home insurance for properties with prior non-renewals.
• Flexible coverage for pools, pets, and seasonal residences.
4. Nationwide – Best for Bad Credit
Cost
Premiums vary, but Nationwide remains one of the more affordable insurers for homeowners with poor credit. Get a quote for precise pricing.
Policy Highlights
• Protects homes and property against theft, fire, and weather-related damage.
• Provides additional benefits such as personal liability, loss of use coverage, and credit card fraud protection.
Who’s This For?
Homeowners with low credit scores in states where insurers factor credit into rates may find Nationwide’s rates much lower than the national average.
Coverage Options Include:
• Better Roof Replacement add-on to rebuild with superior materials.
• Comprehensive loss of use and liability protection.
• Affordability for high-risk owners with compromised credit.
5. Chubb – Best for High-Value Homes
Cost
Pricing for Chubb’s Masterpiece policy varies by property value. Requesting a custom quote is advised.
Policy Highlights
• Specializes in high-value homes with extended replacement cost and water backup coverage.
• Includes unique perks like identity theft protection and personal risk consultant services.
Who’s This For?
Owners of luxury or high-value homes can benefit most from Chubb’s comprehensive coverage, includingreplacement cost protection for belongings.
Coverage Options Include:
• Up to $100 million in personal liability coverage.
• Cash settlement option in the event of a total property loss.
• Complimentary risk assessments for added peace of mind.
What Makes a Home High-Risk?
Homes fall into the high-risk category for a variety of reasons:
• Location: Properties in wildfire-prone areas, hurricane zones, or similar high-risk locations are more likely to generate claims.
• Swimming Pools and Diving Boards: These features significantly increase risk due to liability concerns.
• Older or Damaged Roofs: A poorly maintained or aging roof leaves homes vulnerable to weather-related damage.
• Vacant Homes: Unoccupied homes during renovations or while up for sale are at higher riskdue to the lack of monitoring.
What Makes a Homeowner High-Risk?
Homeowners may also be labeled high-risk under the following circumstances:
• Home-Based Businesses: Running a business from home may introduce additional liabilities.
• Pets: Certain dog breeds or pets with a history of aggression can affect insurability.
• Prior Claims: A high number of past claims can deter insurers or increase premiums.
• Low Credit Scores: Credit-based insurance scoring in many states can impact insurance rates, though some states restrict this practice.
By understanding your options and what affects your homeowner’s risk profile, you can take proactive steps toward finding the right insurance policy. Even high-risk homeowners can secure protection tailored to their unique needs with the coverage options outlined above.
Conclusion
Don’t let being labeled a high-risk homeowner discourage you from finding the right insurance policy. There are many reputable insurers out there offering specialized coverage options for various risk profiles. Research and compare policies to find one that fits your needs and budget, and don’t hesitate to reach out to an insurance agent for guidance. By taking proactive steps towards protecting your home, you can have peace of mind knowing that you are covered in the event of unexpected incidents.
