Popular QuestionsPopular Questions about Homeowners Insurance in Connecticut

How much does Connecticut home insurance cost? $1,690 a year

On average, American homeowners pay about $1,211 a year for their home insurance coverage. However, in Connecticut, the average annual cost is significantly higher at $1,690 a year. This can be attributed in part to the relatively high property values in this state.

Homeowners insurance is vitally important because hazards like severe storms, fires, and property crimes can cause expensive losses to Connecticut homeowners who are not insured.

What can Connecticut home insurance do for me?

Your home insurance gives you peace of mind if disaster strikes your neighborhood. Whether it's a fire, hurricane, hailstorm, or a rash of burglaries, you can rest assured knowing that your homeowners insurance can be compensate you for your losses.

Here are some of the ways that your home insurance policy can safeguard your finances:

Pays to repair or replace your home and your belongings

  • Dwelling insurance covers the structure of your home. Contents insurance covers your personal property. You will want to be sure to have a sufficient amount of coverage in each category.
  • Example: Wind from a hurricane causes a tree to fall onto your house and it damages your roof, siding, and a couple windows. Because of this, several items inside your house are damages and destroyed as well.

Pays for someone else's injuries or property damage when it's your fault

  • Homeowners liability insurance covers against bodily or financial injuries to others if the damage can be attributed to negligent behavior by you or someone in your household.
  • ExampleYour dog gets loose and bites two different people in the neighborhood before he can be stopped.

Pays for temporary living expenses when your home is damaged

  • If damage caused by a covered event leave your home uninhabitable, loss of use insurance can pay for alternative living expenses including accommodations, meals, and other expenses while repairs are being made made.
  • Example: You need to stay in a hotel while your house is being repaired following an out-of-control fire that originated in your garage.
Will I actually use my Connecticut home insurance?

We can’t be 100% certain, but in 2016 alone, insurance companies paid out more than $536 million in home insurance claims just in the state of Connecticut. Those are a lot of unfortunate events happening to Connecticut homeowners.

How are Connecticut home insurance rates calculated?

Homeowners insurance companies calculate their costs based on the value of your property and the likelihood that something bad will happen to it. The more likely it is that a harmful event will occur, the more expensive your home insurance policy will be.

We call these potential disasters "risks” or “exposures.” Let’s take a look at how risky Connecticut is compared to the rest of the country.

Crime:

The burglary rate in Connecticut is significantly lower than the national average. This is one of the many reasons that rates are so affordable in this state.

  • Average number of burglaries per 1,000 homes in CT: 2.81
  • Average number of burglaries per 1,000 homes in the U.S.: 3.76

Of course, there are still some high-crime areas in this state. If your home is located in one of them, you can take steps to protect your property with preventive measures like deadbolt locks and home security systems. Doing so can often result in reduced prices on your homeowners insurance.

Weather:

Residents of Connecticut are susceptible to occasional severe weather events, particularly during hurricane season when damaging storms can strike along the Atlantic coast.

Be sure that your home insurance provides all the coverage you need to fully rebuild and replace your property in the event that a major disaster, like a fire, damages your house.

  • Number of federally declared disasters since 1953: 36
  • Most common causes of disasters in the state: Hurricanes, severe storms, snow
  • Average number of tornados per year in the state: 1.6
  • Amount paid in home insurance claims in CT in 2016: $536,638,000

Keep in mind that while homeowners insurance covers against hurricanes and storms, it will not cover flood damage even if the flood is the direct result of these storms. Fortunately, a local independent agent can help you supplement your home insurance with an affordable flood insurance policy through the National Flood Insurance Program (NFIP) so that you are fully covered.

Home Values:

The size and value your home will play a large role in how much your home insurance costs. In Connecticut, the average home value is much higher than the national average.

  • Average home value in CT: $273,100
  • Average home value in the US: $188,900

You will want to be certain that your policy’s dwelling coverage is high enough to enable you to rebuild a house of comparable size in the even that your house is completely destroyed by a disaster like a hurricane or a fire.

What is the best homeowners insurance company in Connecticut?

When it comes to homeowners insurance, there is no single insurance company that is “best” for everyone.

The policy that provides the best value to you may not be the most ideal choice for your neighbor. That is why independent agents compare policies and rates from multiple companies to find you the coverage that is best able to meet your specific needs.

Are there any independent insurance agents in Connecticut?

Yes! There are currently 278 independent insurance agencies in Connecticut who are ready to help.

Independent insurance agents work for you, not for a particular insurance company so they can work with several different providers to find you the coverage you need at the most competitive price. That way, you can be sure that you are not overpaying for your coverage.

Talk to an independent insurance agent near you to get started.

InformationFind the Best Insurance in Your City

Now, let's take a quick peek at what’s going on in your city. Insurance companies look at a lot of factors when determining home insurance costs. One of many factors is location. Crime rates, weather catastrophes, and the overall cost of your home will also factor into how much your home insurance will cost.

How does your city measure up to the national average?

  • National average home insurance cost : $1,211 / year
  • National average burglary rate per 1,000 homes: 3.76
  • National average home value: $188,900
CityAverage House ValueBurglary Rate per 1,000 HomesAvg. Cost of Home Insurance (Yearly)
Bridgeport$177,6004.01$1,652
Bristol$195,1552.33$1,049
Danbury$314,3001.49$1,107
Fairfield$499,9631.55$2,144
Greenwich$742,5070.76$1,467
Hamden$297,4272.19$1,882
Hartford$208,6826.02$1,585
Manchester$292,1182.30$1,096
Meriden$188,1142.76$1,878
New Britain$169,3135.77$1,271
New Haven$229,6345.71$1,839
Norwalk$605,2411.64$1,753
Stamford$730,2791.73$1,887
Waterbury$140,7065.04$1,276
West Hartford$411,8003.09$1,898

Bridgeport, CT, Home Insurance

The average monthly cost of home insurance in Bridgeport is $138.

Keep in mind, this is just an average rate. Your actual rate may be higher or lower depending on factors such as which Bridgeport neighborhood you live in, the value of your house and property, the size of your deductible, and your creditworthiness.  Let an independent insurance agent help you start comparing quotes today so you can see what a policy will cost you.

Homeowners in Bridgeport have a significant risk of damage caused by severe storms like hurricanes. Storms like Superstorm Sandy in 2012 can often bring damaging winds and heavy rains to the area. Fortunately, storm damage is covered by your homeowners insurance. However, this city is also susceptible to storm surges and flash flooding, but flood damage is not covered by home insurance. For this, you will need a supplemental flood insurance policy.

In addition to finding you the best and most affordable home insurance policy, a local independent agent can help you review your flood risks and can assist you with securing a reasonably priced flood insurance policy through the National Flood Insurance Program (NFIP).

New Haven, CT, Home Insurance

The average monthly cost of home insurance in New Haven is $153.

Your house is likely not the same as your neighbor’s. While everyone in your neighborhood may face the same crime and weather risks, there are many more variables that go into calculating home insurance rates. Your premium will also be based on factors like the size and value of your home, the age of your roof, your claims history, and the size of your deductible. Your monthly rate for New Haven homeowners insurance may therefore be higher or lower than this average.

New Haven has a high crime rate when compared with the rest of the state. Residents of this city report about 800 burglaries every year. It is therefore important that you take precautions to help secure your home when you are away, such as stopping mail delivery and putting lights on timers. If you have burglar alarm installed in your house, you may even qualify for a discount on your home insurance premiums. In the event that your home is broken into and your valuable are stolen, your home insurance can cover your losses.

Talk to a local independent agent to learn more about this important coverage and to learn about potential discounts for taking precautionary measures.

Stamford, CT, Home Insurance

The average monthly cost of home insurance in Stamford is $157.

Of course, what you may actually be expected to pay is likely to differ from this average amount. Your rates will be calculated according to factors like the size of your home, the crime rate and weather risks in your ZIP code, the age of your roof, your credit rating, the amount of your deductible, and more. 

Winter storms and freezing temperatures can be a problem in Stamford. Heavy snows can damage roofs and lead to ice dams, which can damage gutters, soffits, fascia, and eaves. If pipes freeze in your home, they can burst and cause significant water damage to your walls, floors, and property. Fortunately, when you have a solid homeowners insurance policy, you can rest assured that your winter-damaged home can be returned to normal without needing to face a large personal expense. 

Consult a local independent insurance agent in Stamford to learn more about how your homeowners insurance policy can shield you from financial losses.

Hartford, CT, Home Insurance

The average monthly cost of home insurance in Hartford is $132.

Your homeowners insurance is completely customized according to details about your house and other considerations like your claims history, your deductible amount, and the crime rate and weather risks in your ZIP code. Because of this, your monthly premium may be higher or lower than this city average. The best way to make sure you are paying a reasonable price for your coverage is by comparing rates from a few competing insurance companies. 

One of the most devastating catastrophes a homeowner can experience is a residential fire. In addition to severely damaging your house, a fire can lead to a total loss of your personal belongings including your furniture, electronics, collectibles, and clothing. In times of loss, you may take solace in knowing that your homeowners insurance has you covered. This insurance cannot bring back your irreplaceable precious items like photographs and letters, but it can give you peace of mind in knowing you can afford to rebuild and replace damaged property, as necessary.

A local independent agent can help you make sure that your homeowners insurance coverage levels are high enough to fully cover all of your property in the event of a total loss due to a fire or other disaster.

Waterbury, CT, Home Insurance

The average monthly cost of home insurance in Waterbury is $106.

Homeowners insurance rates in can vary significantly from one homeowner to the next. Your actual rate will be based on factors like the size, value, and location of your home; the age of your roof; the materials used in your home’s construction, and even your credit score.

One of the most common hazards faced by homeowners in Waterbury is that of severe storm damage. When hurricanes and tropical storms make landfall along the eastern seaboard, they can bring heavy rains and damaging winds to the area. Sometimes these storms can even generate tornadoes. If your house sustains significant damage, such as if heavy winds topple a tree and it damages a structural wall of your home, your homeowners insurance can help you rebuild, repair, or replace your damaged property. This insurance can even help you pay for a hotel if you are temporarily displaced while your home is being brought back to code. 

Contact a local independent insurance agent for help ensuring that your property is fully covered against all of the risks you face as a homeowners in Waterbury.