5 Best Home Insurance Companies

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1. Berkshire Hathaway Inc. (NYSE: BRK.A)

Market cap: $605 billion

Topping the 10 best home insurance companies list is Warren Buffett’s investment holding Berkshire Hathaway Inc. The firm has established operations in property and casualty insurance and reinsurance, electricity and energy, freight rail transportation, banking, manufacturing, and retailing services. The Omaha-based holding company manages over 60 subsidiaries, including GEICO and the grocery giant Kraft Heinz.

The company plans to invest $8.3 billion in new power generation. This blackout insurance is supposed to save Texas from experiencing another power outage. By November 2023, the company plans to build ten power plants across the state, each with a week’s worth of natural gas storage on-site in case of supply disruptions.

Since the beginning of the year, BRK-A has returned 14.11%, bringing its year-to-date gains to 36.31%. Its Class A shares, which are the most expensive in the stock market, closed at $400,000 on April 9.

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You can also take a peek at 10 Best  Fintech Companies and Stocks and 15 Most valuable Gaming Companies in the World.

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