Popular Questions about New Hampshire Homeowners Insurance

On average, American homeowners pay $1,173 per year for their home insurance coverage. However, in New Hampshire, the average annual premium is lower at just $941 a year. 

Even though the price you are paying for home insurance may seem like a lot of money, having this coverage is important because hazards like severe weather, accidental fires, and property crimes can result in expensive losses for New Hampshire homeowners who are not insured.


Your home insurance policy is designed to cover you against many of the hazards you face as a property owner in New Hampshire. Whether you're facing costs related to a fire, hailstorm, frozen pipes, or a rash of burglaries, you're covered if you have a suitable New Hampshire homeowners insurance policy. 

Let’s look at the coverage your New Hampshire policy can provide:

Pays to repair or replace your home and your belongings

Example: Lint build-up in your dryer vent causes a fire and part of your house and many of your personal belongings are destroyed.

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

Example: The walkway to your house is icy, and a visitor slips and breaks a bone.

Pays for temporary living expenses when your home is damaged

Example: A severe storm causes a tree to topple onto your house and you need to stay in a hotel temporarily while repairs are made.

We can’t be 100% certain, but in 2016, insurance companies spent more than $153.4 million on home insurance claims in the state of New Hampshire alone. That's a lot of unfortunate events happening to New Hampshire homeowners.

Insurance companies calculate home insurance costs according to how likely it is that something bad will happen. The higher the probability that a damaging event will affect your property, the more expensive your home insurance policy will be. We call these potential damaging events "risks” or “exposures.” Let’s take a look at how risky New Hampshire is compared to the rest of the US.

Crime:

The good news is that the overall burglary rate in New Hampshire is significantly lower than the national average. This helps to keep insurance rates affordable in this state.

Average number of burglaries per 1,000 homes in the US: 4.69

Average number of burglaries per 1,000 homes in NH: 1.92

Weather:

Severe weather events, including hailstorms and heavy winds, can wreak havoc on residential properties in this state. Be sure that your home insurance provides all the coverage you need before disaster strikes.

Number of federally declared disasters since 1953: 46

Most common cause of disasters in the state: Severe Storms

Average number of tornadoes per year in the state: 0.8

Amount paid in home insurance claims last year $153,368,000

Home Values:

Average home value in the US: $188,900

Average home value in NH: $251,100

Yes! There are currently 167 independent insurance agents in New Hampshire who are ready to help. Did you know that independent insurance agents can work with several different insurance providers to find you the best rate for coverage? Working with these agents enables you to buy a policy that meets all your coverage needs at a price you can afford.

No single insurance company is “best” for everyone. That is why independent agents compare policies and rates from multiple companies to find you the coverage that is best able to meet your particular needs and budget. Here are some of companies your local independent agent may work with:

How does home insurance work?

Find the Best Home Insurance in Your City

How does your city measure up to the national average?

National average burglary rate 4.69 per 1,000 homes

National average home value $188,900

National average home insurance cost $1,173 year

CityAnnual insurance costAvg. home valueBurglaries / 1,000 homes
Bedford$1,297$427,8400.8
Concord$862$209,9603.43
Derry$793$215,6751.62
Dover$843$229,4221.58
Keene$801$182,8114.23
Londonderry$1,060$293,1571.15
Manchester$947$219,3004.42
Merrimack$961$274,7020.55
Nashua$931$256,8001.3
Portsmouth$1,359$383,1631.19
Rochester$760$155,3243.47
Salem$1,120$312,9590.86
  1. $79
  2. Manchester, NH Monthly average home insurance cost
  3. The average monthly cost of home insurance in Manchester is $79. Homeowners insurance rates in can vary from one property owner to the next. Your actual rate will be based on factors like the size, value, and location of your home, the materials used in your house’s construction, the crime rate in your ZIP code, and even your credit score.
  4. One of the most common hazards faced by homeowners in Manchester is property crimes. Though still lower than the national average, the burglary rate in this city is among the highest in the state. Fortunately, your Manchester homeowners insurance covers against property loss and damage to your home if you are the victim of a burglary. Your local independent agent can assist you throughout the claims process. 


  1. $78
  2. Nashua, NH Monthly average home insurance cost
  3. The average monthly cost of home insurance in Nashua is $78. Because your homeowners insurance is completely customized to you and your home, your monthly premium may be more or less than this average. Insurance companies consider your home’s size, value, location, and other factors when they calculate your monthly rate. 
  4. When hurricanes make landfall along the Eastern Seaboard, residents of Nashua often experience heavy winds and torrential downpours. While homeowners insurance will cover the damage caused by severe storms, it will not cover flood damage. Since flooding is a concern for many residents of this city, it is a good idea to invest in a supplementary flood insurance policy through the NFIP. An independent insurance agent can show you how.


  1. $72
  2. Concord, NH Monthly average home insurance cost
  3. The average monthly cost of home insurance in Concord is $72. Of course, what you are actually asked to pay may differ from this amount, depending on the specific risks associated with your home. Your rate will be calculated according to factors like the size of your house, the crime rate and weather risks in your ZIP code, your claims history and credit rating, and more. 
  4. Hailstorms can be a problem in Concord. Hailstones like the 1.5-inch stones that fell on this city in 2018 can cause significant destruction to your roof, siding, and peripheral structures. If hail causes damage to your home, how will you pay for repairs? With Concord homeowners insurance, you can have peace of mind from knowing that your home can be returned to normal without you facing a large personal expense. 


  1. $66
  2. Derry, NH Monthly average home insurance cost
  3. The average monthly cost of homeowners insurance in Derry is $66. Of course, your house is not the same as every other house in your neighborhood. While you and your neighbors may face the same crime and weather risks, your homeowners insurance premium is also based on factors like the size and value of your home, the age of your roof, your claims history and your credit score. Your quoted rate for Derry homeowners insurance may therefore be higher or lower than this average.
  4. One of the most devastating things that can happen to a homeowner is an accidental house fire. In addition to damaging the structure of your house, a fire can lead to the total loss of your personal belongings, including your furniture, clothing, electronics, kitchenware, and more. That is why it is important that your dwelling coverage is high enough to enable you to rebuild your home, and that your contents coverage is high enough to cover the cost of replacing your lost or damaged property. An insurance agent in Derry can help you review your coverage amounts to ensure that they are sufficient.


  1. $70
  2. Dover, NH Monthly average home insurance cost
  3. The average monthly cost of home insurance in Dover is $70. Of course, not all Dover homeowners will pay the same for their home insurance. Your monthly rate is based on the crime and weather risks in your ZIP code, the size and value of your home, the building materials used in your house’s construction, your claims history, and more.
  4. Severe storms in Dover have been known to cause significant damage to area homes. Whether due to lightning strikes, heavy winds, hail, or toppled trees, this damage can be extremely expensive to repair. Fortunately, your home insurance is likely to pick up the tab once your deductible is met. Though rare, it is also possible for a major storm to spawn a tornado. In 1976, an F2 twister touched down less than five miles from the Dover city center. It may bring you some comfort to know that tornado damage is also covered by most home insurance policies. Talk to your local insurance agent to learn more about what your policy will and will not cover.