Home insurance protects you from monetary loss after an unexpected property-related event. It’s important to find a policy that is affordable and has the coverage you need. Our partners at ConsumerAffairs researched the best homeowners insurance in Buffalo so you choose a company with low rates, reliable support and financial stability.
Basic homeowners insurance in Buffalo has several different types of coverage that kick in when certain events, or perils, occur:
Dwelling pays for damages to your house and attached structures.
Personal property compensates you for loss of belongings, like electronics, clothing or furniture.
Personal liability protects you financially if you are sued and found legally responsible for injuries or damages to someone.
Loss of use covers additional living expenses during repair of your home.
Other structures pays for damages to detached structures, like a shed, fence or garage.
Medical payments pays medical bills of people hurt on your property.
When buying home insurance in Buffalo, be sure to purchase dwelling coverage in the amount of the full replacement cost of your home. Other coverage amounts are ordinarily expressed as percentages of the dwelling coverage, except for personal liability and medical payments.
How much is home insurance in Buffalo?
Homeowners insurance in Buffalo is cheaper than many places across the U.S. Expect to pay between $800 and $1,000 for a policy with $200,000 in dwelling coverage, $100,000 in liability coverage and a $1,000 deductible.
Insurers base the exact cost on not just the coverages you choose, but also other factors:
Age and condition of the home
Whether the home is made of brick or wood
Distance from the home to a fire department or water source
The claims history of the home
Even the exact area of Buffalo where you live affects cost.
Average home insurance rates in Buffalo
Central Business District (14211)
South Buffalo (14220)
Orchard Park (14127)
North Tonawanda (14120)
Upper West Side (14222)
University Heights (14214)
Note: Based on dwelling coverage above with a constant $1,000 deductible and $100,000 liability.
Whether you purchase directly from an insurance company or go through an agent, shop around to get the best rates for the coverages you want. The most popular type of policy lists only excluded perils, but be aware of different forms. Flood damage is not covered, so ask about an additional policy.
Also, take advantage of all available discounts. Homeowners insurance companies in Buffalo typically offer savings for raising your deductible, insuring both your home and car, possessing good credit or having smoke detectors or a burglar alarm.
Buffalo homeowners can get an insurance quote with all standard coverages from Progressive, with options for add-on protection. The HomeQuote Explorer tool lets you compare rates and policies from multiple companies. Save when you bundle home insurance with car insurance, ask for a quote in advance, have home safety devices or move into a new house. Most Buffalo reviewers give good marks to Progressive for its claims handling.
GEICO has affordable home insurance with the coverage you need. The company makes it easy to set up and service a policy. Get a quote online and learn about discounts for having smoke alarms and home security systems or for insuring a car as well. GEICO gets positive reviews for saving customers money and providing fast claims processing.
State Farm is a leading U.S. home insurer. Visitors to the company’s website can take advantage of plenty of educational resources and tools to set up coverage. Get a quote online or speak with an agent over the phone for help with questions. State Farm offers discounts if you purchase multiple lines, install home security or use impact-resistant roofing products. Policyholders include many satisfied customers who have been with the company for years.
By insuring a home with Allstate, you get access to your own agent who helps explain your policy and answers any questions about coverage. Buffalo residents can get a quote online or visit one of the many local agents. Multiple savings opportunities, including a welcome discount, are available. Most Buffalo reviewers rate Allstate highly and enjoy the personal service from area representatives.
Liberty Mutual home insurance comes with coverages for dwelling, personal possessions, liability and additional living expenses, with add-ons available for valuables and water backup. Get a quote online or by calling the company directly and find out about discounts for protective devices, being a new homeowner or bundling policies. Customers say Liberty Mutual has fair prices and strong customer service.