Liberty Mutual Home Insurance Review 2020

Jenna Harris October 4, 2020 13 No Comments

Liberty Mutual Home Insurance Review 2020

Your house is probably your most precious asset, and you absolutely need to safeguard this significant investment. Purchasing a house insurance coverage from a company with an established track record is the very best alternative, protecting you from harm and damage because of coated vandalism and disasters.

However, not all of policy –such as endorsements–and companies are equivalent. The This Old House Reviews staff has created this extensive Liberty Mutual homeowners insurance plan, assessing coverage, prices, accessibility, and much more to help you figure out whether it is the very best home insurance company for your property.

To get house insurance quotes from your area, call 855-948-5219 or enter your zip code at our free quote instrument:

Table of Contents

  • Our Take
  • Pros & Cons
  • Coverage
  • Availability
  • How Much Does Liberty Mutual Insurance Cost? )
  • Discounts
  • Reviews of Liberty Mutual Insurance
  • Our Conclusion
  • Frequently Asked Questions
  • Company Information
  • Our Methodology

Our Take

Liberty Mutual is one of the biggest auto and home insurance companies in the nation, with strong financial backing and a vast array of coverage choices available nationally. The insurer provides extensive endorsements alongside lots of reduction opportunities. Its yearly cost is already aggressive. Unfortunately, discounts and coverage may vary by country. Overall, we provide Liberty Mutual house insurance per score of 95. 10 from 100.

On Liberty Mutual’s Better Business Bureau profile, frequent complaints cite difficulty getting in touch with client service and raised premiums. Some testimonials notice effective claims processing, but some repeat concerns about costs rising unexpectedly.

Pros & Cons

Compare the advantages and disadvantages of Liberty Mutual homeowners insurance.

Liberty Mutual Pros & Cons

ProsCons
ProsCons
Extensive endorsement alternativesCoverage and reductions can vary by country
Can document claims on cellular programNo liability policy included for a few pet breeds
Available nationally
Many discount alternatives

Coverage

Liberty Mutual provides each the fundamental protections, in addition to extensive endorsement selections for flexible policy.

Liberty Mutual Coverage

TypeDescription
TypeDescription
Dwelling + additional constructionsCovers costs of repairing or rebuilding the home’s exterior and interior, together with some other structures on the house (garage, shed)
Personal landCovers the replacement of private possessions, including clothes, furniture, and electronics
Personal accountabilityCovers legal penalties, including any damages, leading to someone being hurt on your home
Loss of all use/additional living expendituresCovers living expenses if Your House is temporarily uninhabitable because of coated damage or destruction, such as lodging and dining
Medical obligations to guestsCovers the medical costs of someone Who’s hurt in your home or in your house

Homeowners will personalize their policy with the following add-on protections.

Liberty Mutual Add-ons

TypeDescription
TypeDescription
Umbrella policyProvides additional liability coverage beyond what’s offered in the inherent coverage
Inflation defenseAutomatically adjusts policy limitations as Soon as Your coverage is renewed to keep up with inflation
Scheduled objectsProvides additional protection for valuables such as artwork and jewellery
Personal landRaises limits to help pay for the cost of damaged or destroyed collectibles or valuables
Flood insuranceProvides policy for damage or destruction Brought on by floods (required by some creditors )
Earthquake policyProvides policy for damage and destruction Brought on by earthquakes
Identity fraudProvides policy for lawyers fees and other expenses associated with identity fraud and theft
Water backup and sump pumpCovers water damage Brought on by sewer or drain backup or sump pump failure

Availability

Liberty Mutual provides home insurance policy coverage in most 50 states.

How Much Does Liberty Mutual Insurance Cost? )

The precise price of Liberty Mutual homeowners insurance is dependent upon a number of factors, such as your property worth, dimensions, and the substances it had been assembled together with, where you reside, the policy limits you choose, the insurance deductible you select, and much more.

We asked a quote for a yearlong, two,200-square foot house in North Carolina and discovered the monthly price was 139.

Liberty Mutual Cost

Type of CoverageAmount of Coverage
Type of CoverageAmount of Coverage
Dwelling$322,500
Other structures$32,250
Personal land$225,750
Loss of usage$64,500
Liability$300,000
Medical obligations to other people$1,000 per individual
Replacement priceYes
Expanded policyYes
Deductible$1,000
Monthly Cost$139

Discounts

Liberty Mutual provides a huge array of discounts to reduce the cost of your home insurance policy coverage. Discounts could vary by country.

Liberty Mutual Discounts

DiscountDescription
DiscountDescription
Multi-coverageDiscount for bundling house insurance with a different Liberty Mutual insurance coverage
Claims-freeDiscount for about five Decades or more without submitting a claim with your previous insurance
Insured to appreciateDiscount for insuring the house for 100 percent of its replacement cost
Safe Homeowner ProgramDiscount for moving three or four years without even submitting a claim with Liberty Mutual
Newly bought homeDiscount for recently bought house
Newly remodeled houseDiscount for current renovations
Protective apparatusDiscount for set up protective devices such as fire extinguishers, smoke alarms, burglar alarms, and much more
Early shopperDiscount for requesting a quotation from Liberty Mutual prior to present policy runs out
Preferred paymentDiscount for paying automatically each month
New roofDIscount for replacing your roof
MilitaryDiscount for active members of their military and veterans
PaperlessDiscount for getting all billing data electronically
AffinityDiscount for members of some of those 14,000+ spouse groups

Reviews of Liberty Mutual Insurance

Liberty Mutual is licensed by the Better Business Bureau and holds an A+ rating from the company. However, customers speed Liberty Mutual only more than 1 star. Here’s exactly what some homeowners had to say regarding their encounters with Liberty Mutual.

Michael B. stated:

“Liberty Mutual and especially Rebecca and Andy, went out of their way in handling my claim. They really stepped up. Not to say there were not a few snags along the way. But they went above and beyond and kept a happy customer. We all hate insurance because we have to have it, but never use it. You never know how good your insurance company is until you file a claim. For those wondering how Liberty Mutual is, don’t worry. If they can help they will. They do the right thing, very refreshing. Thanks again Rebecca and Andy.”

Sidney B. stated:

“My wife and I switched to Liberty Mutual last year. Their rates were great, customer service was great and larger discounts than most. We had auto insurance on two vehicles and renters insurance. Always paid on time never had a claim, then at renewal a week ago my rate jumped over $600 a year, just on auto insurance. Their reason was, ‘rates in your area just went up,’ no reasonable explanation. I’ve had car insurance for 16 years and have never had a company raise my rates this much. Actually my rates have always stayed the same or went down. Will never be back. Although it is a great option if you want reasonable rates for one year.”

Comparison

See the way Liberty Mutual stacks up against a number of its best competitors on keywords.

Liberty Mutual vs Competition

ProviderLiberty MutualLemonadeAmica
ProviderLiberty MutualLemonadeAmica
Our score95. 1083. 5096. 60
Get that a free quotationNot accessible through This Old Houselemonade.comNot accessible through This Old House
State Availability5023*47 (not available in AK, FL, or HI)
BBB RatingA+BA+
Years in Business1085113
24/7 Claims Service
Protective Devices/Safety Features Discount
Bundling Discount
Mobile App

*Lemonade house insurance is available in AZ, CA, CO, CT, DC, GA, IL, IN, IA, MD, MA, MI, MO, NV, NJ, NY, OH, OK, OR, PA, TN, TX, VA, WI

Our Conclusion

As one of the biggest car and home insurance companies in the nation, Liberty Mutual has strong financial backing and comprehensive coverage provided nationally. The company provides many clauses, and its own list of reductions is significantly more robust than most of its rivals’. Unfortunately, discounts and coverage may vary by country. We give Liberty Mutual house insurance a general score of 95. 10 from 100.

We urge that homeowners receive quotes from several providers within their area to be certain they find the very best home insurance coverage for their demands. For free estimates from companies around you, call 855-948-5219 or enter your zip code from the instrument below:

Frequently Asked Questions

Is Liberty Mutual a fantastic homeowners insurance company?

Liberty Mutual is a good selection for homeowners trying to personalize their policy with many endorsement alternatives, or having the chance to qualify for reductions. However, Liberty Mutual might not be the ideal selection for budget-conscious homeowners, because its costs run somewhat higher than the contest.

What will Liberty Mutual homeowners insurance cover?

Liberty Mutual homeowners insurance covers each the business principles, in addition to a broad number of exemptions which are infrequent in the business, such as inflation policy to shield customers from increasing rebuilding rates. Its fundamental insurance policies don’t cover flood or earthquake damage.

Does Liberty Mutual provide military discounts?

Yes, Liberty Mutual provides home insurance reductions for busy members and veterans.

Does Liberty Mutual homeowners insurance pay private injury?

Injury into the owner of the house isn’t covered. However, Liberty Mutual’s fundamental policy will pay for the medical expenses and legal fees related to accidents to guests.

Company Information

  • Company title : Liberty Mutual
  • Company kind : Public
  • CEO: David H. Long
  • Year based : 1912
  • Headquarters: 175 Berkeley St, Boston, MA 02116
  • State accessibility : 50
  • BBB score : A+

Our Methodology

The This Old House Reviews team values precision, transparency, and confidence. With in mind, we made a comprehensive, objective evaluation system to evaluate every dwelling insurance company according to the following six variables:

  • Coverage (30)
  • State accessibility (7.5)
  • Customer service (15)
  • Technology (12.5)
  • Reputation (20)
  • Additional gains (15)

Our Reviews team includes a full-time researcher that gathers and frequently updates data points out of each company to assist us compare them key aspects like policy, service, and dependability. Read more about our methodology .

To talk about opinions or ask a question about this guide, send a note to our Reviews staff at reviews@thisoldhousereviews.com.

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