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.
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
| Pros | Cons |
|---|---|
| Pros | Cons |
| Extensive endorsement alternatives | Coverage and reductions can vary by country |
| Can document claims on cellular program | No 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
| Type | Description |
|---|---|
| Type | Description |
| Dwelling + additional constructions | Covers costs of repairing or rebuilding the home’s exterior and interior, together with some other structures on the house (garage, shed) |
| Personal land | Covers the replacement of private possessions, including clothes, furniture, and electronics |
| Personal accountability | Covers legal penalties, including any damages, leading to someone being hurt on your home |
| Loss of all use/additional living expenditures | Covers living expenses if Your House is temporarily uninhabitable because of coated damage or destruction, such as lodging and dining |
| Medical obligations to guests | Covers 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
| Type | Description |
|---|---|
| Type | Description |
| Umbrella policy | Provides additional liability coverage beyond what’s offered in the inherent coverage |
| Inflation defense | Automatically adjusts policy limitations as Soon as Your coverage is renewed to keep up with inflation |
| Scheduled objects | Provides additional protection for valuables such as artwork and jewellery |
| Personal land | Raises limits to help pay for the cost of damaged or destroyed collectibles or valuables |
| Flood insurance | Provides policy for damage or destruction Brought on by floods (required by some creditors ) |
| Earthquake policy | Provides policy for damage and destruction Brought on by earthquakes |
| Identity fraud | Provides policy for lawyers fees and other expenses associated with identity fraud and theft |
| Water backup and sump pump | Covers 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 Coverage | Amount of Coverage |
|---|---|
| Type of Coverage | Amount 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 price | Yes |
| Expanded policy | Yes |
| 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
| Discount | Description |
|---|---|
| Discount | Description |
| Multi-coverage | Discount for bundling house insurance with a different Liberty Mutual insurance coverage |
| Claims-free | Discount for about five Decades or more without submitting a claim with your previous insurance |
| Insured to appreciate | Discount for insuring the house for 100 percent of its replacement cost |
| Safe Homeowner Program | Discount for moving three or four years without even submitting a claim with Liberty Mutual |
| Newly bought home | Discount for recently bought house |
| Newly remodeled house | Discount for current renovations |
| Protective apparatus | Discount for set up protective devices such as fire extinguishers, smoke alarms, burglar alarms, and much more |
| Early shopper | Discount for requesting a quotation from Liberty Mutual prior to present policy runs out |
| Preferred payment | Discount for paying automatically each month |
| New roof | DIscount for replacing your roof |
| Military | Discount for active members of their military and veterans |
| Paperless | Discount for getting all billing data electronically |
| Affinity | Discount 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
| Provider | Liberty Mutual | Lemonade | Amica |
|---|---|---|---|
| Provider | Liberty Mutual | Lemonade | Amica |
| Our score | 95. 10 | 83. 50 | 96. 60 |
| Get that a free quotation | Not accessible through This Old House | lemonade.com | Not accessible through This Old House |
| State Availability | 50 | 23* | 47 (not available in AK, FL, or HI) |
| BBB Rating | A+ | B | A+ |
| Years in Business | 108 | 5 | 113 |
| 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.
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.
