American Family Insurance is a U.S. insurance company offering homeowners coverage designed to protect residential properties, personal belongings and homeowners against covered losses and liability risks. Its homeowners policies can be customized with different coverage options and endorsements based on the property's characteristics and the customer's needs.
One of American Family's key advantages is its range of potential discounts. Eligible homeowners may save by bundling home and auto insurance, using qualifying smart-home or security devices, maintaining a newer or renovated home, choosing paperless billing or AutoPay, and meeting other program requirements. American Family states that eligible customers who bundle home and auto policies may save up to 40% on both policies together, although discounts vary by state and policy.
Homeowners can also explore optional coverage for specific risks or valuable property. Available options vary by state and may include protections related to service lines, sewer backup, equipment breakdown, identity protection and other specialized needs.
Before purchasing a policy, homeowners should compare dwelling coverage with the estimated cost to rebuild the home, rather than relying only on its market value. Deductibles, personal property limits, liability protection, exclusions and optional endorsements should also be reviewed carefully.
American Family's average sample premium for $300,000 in dwelling coverage is around $220 per month in recent rate data, but actual quotes can be substantially different. Overall, American Family may be a good choice for homeowners seeking customizable coverage, discount opportunities and access to local insurance agents, provided the company and desired coverage are available in their state.
