American Modern fits homeowners who want lower pricing on a base policy that already includes water coverage and loss of use without building them in separately. It scores 3.98 out of 5 overall and ranks 12th nationally. Most of that comes from a 4.74 out of 5 affordability score, ranking fifth, so it's the best home insurance for cost-conscious homeowners with straightforward coverage needs rather than those shopping for extensive add-ons.
American Modern Home Insurance Review (2026)
Updated: July 22, 2026
Advertising & Editorial Disclosure
American Modern
MoneyGeek Rating
4.0/ 5
4.7/5Affordability
3.5/5Customer Experience
2.2/5Coverage Points
Average Annual Premium
$2,089
Key Takeaways
American Modern averages $174 per month for standard coverage and ranks fifth nationally for affordability, with water coverage and loss of use already included in that price.
MoneyGeek scores American Modern 3.98 out of 5 overall and 12th nationally.
American Modern covers homes of any age and values up to $1 million, including two-family construction. It's an option for properties that most standard policies won't accept.
American Modern Home Insurance Ratings: MoneyGeek’s Review
| Overall | 3.98 | 12 |
| Affordability | 4.74 | 5 |
| Customer Experience | 3.47 | 13 |
| Coverage | 2.18 | 13 |
*Scores are based on a 2,500-square-foot home, $250,000 dwelling coverage and a $1,000 deductible.
What Does American Modern Homeowners Insurance Cover?
American Modern's standard homeowners insurance coverages are designed for single-family homes in average condition or better, covering values from $50,000 to $500,000. Age restrictions only apply to row houses and townhomes, so most single-family properties qualify regardless of when they were built.
The standard policy covers your home's structure at actual cash value, meaning a payout accounts for depreciation rather than what it would cost to rebuild from scratch today. If that difference matters to you, American Modern offers an upgrade to full repair cost or replacement cost at purchase.
Other structures on your property are included in the standard policy under the same actual cash value default as the dwelling. An upgrade to replacement cost applies here as well if you choose it at purchase.
Personal property is covered at actual cash value by default, so older items pay out at their depreciated worth after a covered loss. A replacement cost upgrade is available if you want your belongings covered at what they'd cost to replace today.
Liability coverage comes included in the base policy, covering you if someone is injured on your property or you're found responsible for damage to another person's property. It's part of the standard policy from day one.
Loss of use coverage is included by default, paying the additional living costs you take on if a covered loss makes your home temporarily unlivable. It covers housing and living expenses above what you'd normally spend.
Water Coverage
American Modern includes water coverage at 10% of your dwelling amount by default, a protection most standard homeowners policies either exclude entirely or charge extra for. You can raise that level up to 100% of your dwelling coverage depending on how much water risk your property carries.
AMERICAN MODERN'S HOMEOWNERS FLEX POLICY
American Modern's Homeowners FLEX product extends coverage to properties the standard policy doesn't cover, including homes of any age and values up to $1 million. It defaults to replacement cost on the dwelling and adds options like earthquake protection and adjustable water coverage tiers up to 100%. If the standard policy's limits don't fit your property, FLEX is worth asking your agent about.
Optional Home Insurance Coverages from American Modern
The standard American Modern policy includes more than most base homeowners policies, but there are specific risks it doesn't address without an add-on. The optional coverages below are worth reviewing depending on your lifestyle and needs.
The standard policy settles dwelling and personal property claims at actual cash value, factoring in depreciation. Upgrading to replacement cost means a claim pays out at what it costs to rebuild or replace at today's prices. | |
Water Coverage Upgrade | A default of 10% water coverage is included in the base policy, and this add-on raises that level up to 100% of your dwelling amount. The right level depends on your property's exposure and how much of that risk you want your policy to absorb. |
Enhanced Coverage Package | This add-on expands the base policy to cover collapse, weight of snow and ice, power surge, falling objects and glass breakage under one bundle. Each of these is a cause of loss the standard policy doesn't cover without it. |
Covers water damage that results from a backed-up drain or a sump pump that overflows, events that a standard policy excludes by default. It's one of the more commonly filed homeowners claims and one of the more commonly overlooked gaps. | |
Ordinance or Law | Rebuilding after a covered loss often triggers local code requirements that cost more than simply restoring the original structure. This add-on covers those compliance costs so they don't come out of pocket on top of a claim you're already managing. |
Service Line Failure | Underground utility lines running to your home aren't covered under a standard homeowners policy, and repairs can run into thousands of dollars. This add-on covers those repair or replacement costs when a line fails. |
Covers major home systems and appliances when they fail from mechanical or electrical breakdown rather than a covered peril. Without it, a failed HVAC system or water heater is a maintenance cost your policy won't touch. | |
Identity Theft Recovery | Covers expenses tied to resolving identity theft, including legal fees and lost wages during the recovery process. It keeps that protection under your home policy rather than requiring a separate product. |
Standard personal property coverage applies limits that may fall short for high-value items like jewelry, art or collectibles. Scheduling those items specifically covers them at their full appraised value instead. | |
What Does American Modern’s Home Insurance Not Cover?
American Modern's standard policy covers most common causes of loss, but like any homeowners policy, it doesn't cover everything. Several needs can be addressed through the add-ons American Modern already offers.
Flood damage requires a separate policy, and earthquake coverage isn't included by default, though it's available as an add-on. Losses from wear and tear or lack of maintenance fall outside what any standard policy covers. If you're unsure what your specific property needs, talking to an American Modern agent is the best way to make sure you're not leaving a coverage gap open.
How Much Does American Modern’s Homeowners Insurance Cost?
At $174 a month for a standard $250,000 dwelling policy, American Modern ranks among the five most affordable homeowners insurers in our national analysis. The affordability holds up well as coverage needs increase, climbing to $429 a month at $750,000 in dwelling coverage and $555 a month at $1 million.
Data filtered by:
$1,000
| $100K Dwelling / $50K Personal Property / $100K Liability | $84 | $1,009 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $174 | $2,089 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $303 | $3,639 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $429 | $5,148 |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | $555 | $6,655 |
American Modern Homeowners Insurance Cost by State
What homeowners pay for American Modern coverage depends on where they live, with local risk factors and building costs driving differences from state to state. MoneyGeek has rate data for Montana, where standard coverage averages $2,089 a year. For a quote in your state, reaching out to an American Modern agent directly is the most reliable next step.
| Montana | $174 | $2,089 |
Note: Data above is for states in which MoneyGeek was able to collect data. It is not reflective of the company's availability in the state.
American Modern Homeowners Insurance Discounts
Home insurance discount information for American Modern homeowners insurance isn't listed publicly, but the company mentions having up to 10 discounts available with the potential to reduce your premium by 20% or more annually. Eligibility depends on your property and location, so speaking with an agent is the most reliable way to find out what savings are on the table.
How to Buy American Modern’s Homeowners Insurance
American Modern homeowners insurance is available through independent agents, so there's no way to quote or buy directly online. You can find an agent in your area through American Modern's website, where its agent locator points you to someone authorized to write coverage in your state. From there, your agent handles the quoting process and can walk you through which coverage options and discounts apply to your property.
How to File a Homeowners Insurance Claim with American Modern
- 1Report your claim as soon as possible
Call American Modern at (800) 375-2075 to report your loss or file online at myclaim.amig.com. The sooner you report it, the sooner the claims process gets moving.
- 2Document the damage
Before any repairs begin, photograph and record everything that was damaged or lost. Thorough documentation at this stage is one of the most effective ways to keep your claim on track.
- 3Work with your claims representative
A representative will walk you through what happens next, including any inspections or additional information needed to process your claim. If your home is unlivable and you need temporary housing assistance, American Modern can help with that through the same number.
American Modern Home Insurance: FAQ
American Modern averages $174 a month for $250,000 in dwelling coverage with a $1,000 deductible, or $2,089 a year. Premiums scale with coverage needs, reaching $555 a month for $1 million in dwelling coverage. Rates vary by state, so contact an American Modern agent for pricing specific to your location.
American Modern makes up to 10 discounts available with savings potential of 20% or more per year, though specific details aren't published and vary by state. Contact an American Modern agent to find out which discounts apply to your property and how much you could save.
You can file a claim by calling (800) 375-2075 or online at myclaim.amig.com. If your home is unlivable and you need temporary housing assistance, let the representative know when you call. Document all damage thoroughly before any repairs begin to keep the process moving smoothly.
American Modern Home Insurance Rates: Our Methodology
To evaluate American Modern's rates, we gathered quotes using this sample profile:
- Homeowner between 41 and 60 years old
- 2,500-square-foot home
- $250,000 in dwelling coverage
- $125,000 in personal property coverage
- $200,000 in liability coverage
- Good credit score
- No claims history in the past five or more years
Our MoneyGeek score for American Modern is based on three categories:
- Affordability (55%): We compared American Modern's rates against the national average and competing insurers using our sample profile, scoring each carrier relative to the field for each homeowner profile tested.
- Customer satisfaction (30%): We reviewed customer feedback from multiple independent sources, including J.D. Power studies, AM Best financial strength ratings, NAIC complaint index scores, Trustpilot reviews and app store feedback.
- Coverage options (15%): We evaluated the add-ons and endorsements American Modern makes available, with higher scores going to carriers that offer a broader range of options relevant to specific states and homeowner profiles.
Learn more about our home insurance methodology.
Home Insurance Review for American Modern: Related Articles
About Mark Fitzpatrick
Mark Fitzpatrick, a licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has spent nearly a decade analyzing the market, first at LendingTree and now at MoneyGeek, where he produces original research on hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
He covers economics and insurance at MoneyGeek, and his work has been featured in The Washington Post, The New York Times and NPR, among other outlets.
Like all MoneyGeek analysts, he draws on independent cost and consumer experience data. No insurance company partnership influences his recommendations.
Mark holds a B.A. from Boston College and an M.A. in Economics and International Relations from Johns Hopkins University. He started his career in financial risk management at State Street and is also a five-time “Jeopardy!” champion.