Amica Mutual vs. USAA: Home Insurance Comparison


USAA ranks best nationally for customer service and financial stability, and Amica Mutual performs well in both categories. However, USAA has more affordable premiums in comparison to Amica Mutual.

USAA offers policies with $500,000 in dwelling coverage at an annual rate of around $4,421. The average rate charged by Amica Mutual is $10,614 per year — which is 2.4 times that of USAA.It's still important to consider the add-on coverage options and discounts available with each company. Amica Mutual provides six more coverage options compared to USAA's three and eight discounts in contrast to USAA's three.

MoneyGeek's comparative analysis will teach you more about these providers.

Comparison Overview: Amica Mutual vs. USAA

MoneyGeek outlined the key features of both providers to help you compare Amica Mutual vs. USAA homeowners insurance.

The overall MoneyGeek scores favor USAA, with both companies receiving positive ratings for customer service and financial stability. USAA excelled in these categories, attaining the highest possible score and providing affordable coverage.

USAA also surpasses Amica Mutual in nationwide availability by including coverage for Hawaii. However, Amica Mutual offers a wider range of add-on coverages and discounts compared to USAA.

Feature
Amica Mutual
USAA

Total Score

82.8

98

Satisfaction

4.5

5

Stability

4.5

5

Affordability

3.8

4.8

Average Annual Premium

$3,861

$1,966

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COMPARE AMICA MUTUAL TO OTHER HOME INSURANCE COMPANIES

MoneyGeek ranked companies based on nationally recognized data from leading consumer reporting agencies, including J.D. Power for customer service, AM Best for financial stability and Quadrant Information Services for affordability. Learn more.

Which Company Is Cheaper Overall?

Comparing quotes from the two insurers reveals that USAA's average baseline premium is $1,966 per year, almost half of Amica Mutual's average of $3,861.

However, it's important to note that these figures represent average home insurance costs. Your actual rate will depend on several factors, including your credit history, home location and the cost to rebuild your home.

Average Annual Home Insurance Premium: Travelers vs. State Farm

homeInsurance
Amica Mutual

Average Annual Premium

$3,861
homeInsurance
USAA

Average Annual Premium

$1,966
USAA’s homeowners insurance costs on average:$1,895 saved

This is 49% less expensive.

Many considerations come into play when an insurer determines the cost of homeowners insurance. The location of your property and the level of dwelling coverage you choose are the two most important factors.

Which Company Is Cheaper Based on Dwelling Coverage Amount?

Ensuring you select a sufficient dwelling coverage amount to account for repair costs or complete a rebuild is crucial for your financial security.

Different insurers provide varying amounts of dwelling coverage. USAA is always the more affordable option compared to Amica Mutual, from the minimum dwelling coverage of $100,000 to the maximum level of $3 million.

Use the chart below to assess how dwelling coverage influences the cost of homeowners insurance.

Average Premiums for Amica Mutual vs. USAA
Amica Mutual$100,000$2,412
USAA$100,000$1,641
USAA$250,000$2,134
Amica Mutual$250,000$4,607
Amica Mutual$500,000$10,614
USAA$500,000$4,421
USAA$750,000$5,918
Amica Mutual$750,000$16,086
USAA$1,000,000$7,439
Amica Mutual$1,000,000$21,271
USAA$2,000,000$13,791
Amica Mutual$2,000,000$44,505
Amica Mutual$3,000,000$65,810
USAA$3,000,000$19,949

How Much Does Each Company Cost by State?

Homeowners insurance prices can vary depending on the specific state. For instance, West Virginia has USAA's cheapest average baseline premium ($742 per year), while South Carolina has the highest rates ($3,451 per year). In contrast, Amica Mutual homeowners insurance is the least costly in New Hampshire ($1,018 per year) and the most expensive in Texas ($4,328 per year).

Use MoneyGeek's chart below to compare the cost of your state's Amica Mutual and USAA homeowners insurance.

Average Premiums for Amica Mutual vs. USAA
USAAAK$1,026
USAAAL$960
USAAAR$1,438
USAAAZ$1,143
USAACA$1,573
USAACO$3,292
Amica MutualCT$1,828
USAACT$1,619
USAAGA$1,616
USAAIA$1,029
USAAID$1,165
USAAIL$2,028
USAAIN$906
USAAKS$1,596
USAAKY$889
USAALA$1,808
Amica MutualMA$2,758
USAAMA$2,708
USAAMD$1,478
USAAME$1,682
USAAMI$1,736
USAAMO$1,906
USAAMS$1,142
USAAMT$2,612
USAANC$1,590
Amica MutualNH$1,018
USAANH$1,078
USAANJ$1,197
USAANV$1,276
USAANY$2,012
USAAOH$888
USAAOK$2,390
USAAOR$1,047
USAAPA$1,030
Amica MutualRI$1,366
USAASC$3,451
USAASD$2,230
USAATN$1,869
Amica MutualTX$4,328
USAATX$3,428
USAAUT$1,288
USAAVT$1,501
USAAWA$1,275
USAAWI$1,252
USAAWV$742
USAAWY$863

Which Company Has Better Customer Service?

Making a decision on a homeowners insurance policy based solely on cost can lead to poor outcomes. Assessing a company's customer service and financial stability is equally crucial. It is important to remember that receiving prompt and efficient assistance when filing and processing a claim can have a significant impact.

According to our study, USAA excels in customer service and financial stability compared to Amica Mutual, with higher ratings in both categories. Additionally, we found that Amica Mutual charges the second-highest premiums in the market.

Amica Mutual Vs. USAA: Customer Service Scores
Score
Amica Mutual
USAA

MoneyGeek Score

83

98

Satisfaction Score

4.5

5.0

Stability Score

4.5

5.0

Affordability Score

3.8

4.8

Optional Coverages Offered by Amica Mutual vs. USAA

Traditional homeowners insurance offers dwelling coverage, personal property coverage and liability coverage. You can include additional coverages to your standard policy to enhance your protection level.

Regarding add-ons, Amica Mutual offers a broader selection with six options available, five of which are commonly sought after. USAA offers three add-on coverages, with only one being a widely selected option.

Coverage
Amica Mutual
USAA

Sewer backup coverage
Covers the cost of
water damage from
a sump pump,
drain or sewer overflow.

Identity theft coverage

Covers some of the
costs incurred due to
identity theft or fraud.

Extended reimbursement

Extends your limits for
certain coverages.

Scheduled personal property coverage

Covers the cost of
valuable items like
jewelry, furs, fine art, etc.

Building ordinance or law coverage

Covers the cost to
rebuild or upgrade a
home so that it
meets the most up-to-date
building codes after a
covered loss.

Amica Mutual provides five frequently chosen add-on coverages. It covers sewage backup and sump overflow water damage, offering protection of up to $5,000. Its extended reimbursement feature raises the coverage limits for rebuilding your home. Amica Mutual's scheduled personal property coverage protects jewels, furs and fine art. A portion of the expenditures incurred from identity theft or fraud is covered with its identity theft coverage.

USAA provides only one coverage that Amica Mutual does not: home rental coverage. It protects you and your guests, whether you're renting out a single room or an entire residence.

MoneyGeek collected this data from the companies' websites; thus, the listed coverages may not encompass all the available alternatives.

Discounts Offered by Amica Mutual vs. USAA

Qualifying for a discount can lower your insurance premiums. With seven discounts compared to USAA's three, Amica Mutual is the best in this category. The company provides all commonly-available discounts.

Discount
Amica Mutual
USAA

Protective device discount

Discount for having
theft or fire protection
devices, such as alarms
or sprinklers.

Insurance bundling discount

Discount for bundling
your homeowners insurance
policy with another product,
like auto insurance.

Claims-free discount

Discount for going
several years without
filing a claim.

New home discount

Discount for homes that
have been recently constructed.

Home renovation discount

Discount for homes that
have been recently renovated.

Amica Mutual provides all the standard discounts, including new home and home renovation discounts unavailable with USAA. With this deal, you may save significantly on a newly built or remodeled home. Its loyalty discounts can benefit policyholders who have maintained their policies for at least two years. Amica Mutual also offers discounts if you go paperless or automate your payments.

USAA only offers three discounts — bundle, protective device and claims free — all commonly available and also provided by Amica Mutual.

We gathered this data from the companies' respective websites. While MoneyGeek researches each insurance provider thoroughly, companies may offer discounts that aren't advertised.

How Much Could Your Homeowners Insurance Premium Cost?

To help you make an informed decision on the ideal provider for you, MoneyGeek compiled a list of the best homeowners insurance companies, complete with up-to-date rates.

Several factors can impact the actual cost of your homeowners insurance, the most significant of which is the projected cost to repair your home. Use MoneyGeek's homeowners insurance calculator for a more precise premium estimate.

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Rates updated:

Nov 07, 2024

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About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.