New HampshireHomeowners Insurance

Find the Best Homeowners Insurance Rates & Companies in New Hampshire

The average cost of homeowners insurance in New Hampshire is only $972 per year. New Hampshire has much more affordable home insurance rates than most of the nation. The current US average home insurance cost is $1,211 per pear.

Current average home, condo, and townhouse prices in New Hampshire are about $450,000. Since your home is such a hefty investment, it deserves protection from a policy that can reimburse you for huge losses. So you'll need New Hampshire home insurance. 

An independent insurance agent in New Hampshire can help you find the right kind of homeowners insurance for your needs. For starters, here's a deep dive into home insurance specifics in New Hampshire.

Best Homeowners Insurance Companies in New Hampshire

Don't waste time looking through dozens of subpar home insurance companies. When you're ready to get coverage, instead, head straight for the best. We hope to help by offering this list of our top picks for the best home insurance companies in New Hampshire. Start by checking out these top recommendations:

• The Andover Companies: Founded way back in 1828, The Andover Companies has been providing quality coverage for nearly two centuries. The carrier offers home insurance along with a ton of other products and has "A+" ratings from both AM Best and the Better Business Bureau (BBB).  
• Encova: Founded in 2017, Encova sells home insurance along with many other products. Encova's "A-" rating from AM Best also demonstrates solid financial strength.
• Travelers: Founded in 1864, Travelers sells home insurance and several other insurance products. Travelers also holds the highest possible rating of "A++" from AM Best for its financial strength.
• Progressive: Founded in 1937, Progressive offers home insurance along with tons of other products. The carrier holds an excellent rating from AM Best, offers 24/7/365 customer service, and has tons of discount options.
• Stillwater: Founded in 2000, Stillwater offers home insurance along with coverage options for just about any other kind of personal property imaginable. The carrier has excellent AM Best and BBB ratings and offers 24/7 claims reporting.

An independent insurance agent can help you explore homeowners insurance options for your New Hampshire home from any of these trusted carriers.

What Homeowners Insurance in New Hampshire Can Cover

The most common natural disasters in New Hampshire are floods, hurricanes, and severe winter storms. Without the proper protection, you could permanently lose your home if it gets badly damaged or destroyed by one of these disasters. Fortunately, a New Hampshire home insurance policy can cover the costs of home damage caused by strong winds, snow, ice, and more. Note that a home insurance policy in any state won't cover natural flood damage to the home.

Hurricanes and Severe Winter Storms

Though home insurance policies in New Hampshire cover strong wind damage occurring from natural disasters like hurricanes, they never cover natural flood damage that can accompany these storms. Separate flood insurance policies are needed to cover homes against damage from natural water sources like rain and hurricanes. Your New Hampshire home insurance can cover a lot of the damage caused by severe winter storms as well, such as snow, ice, roof collapse, and more.

Flood Damage in New Hampshire

Again, your home won't be covered against flooding caused by natural sources by your New Hampshire homeowners insurance. This type of water damage requires its own special policy, known as flood insurance. Talk to a local New Hampshire independent insurance agent to help you get set up with this critical coverage to protect your home fully.

The basic coverages included in a New Hampshire home insurance policy are:

• Loss of use: If your home gets badly damaged to the point that you must stay somewhere else, like a hotel, while repairs are going on, this coverage can pay for those extra costs.
• Personal property: If your personal property gets stolen, damaged, or destroyed by a covered peril, this coverage can pay for repairs or replacement.
• Dwelling: If your home's structure gets vandalized, damaged, or destroyed by a covered peril, this coverage can pay for repairs or rebuilding.
• Personal liability: If you get sued by a neighbor or other third party for claims of bodily injury or personal property damage, this coverage can pay for legal expenses like attorney fees. 

A New Hampshire independent insurance agent can help you find a homeowners insurance policy that includes all these protections for your home.

What Homeowners Insurance in New Hampshire Will Not Cover

Earthquakes are rare in New Hampshire, so you probably don't have to be too concerned that your home insurance policy won't cover damage from these disasters. Along with earthquake damage and flood damage, there are still several other disasters that a New Hampshire home insurance policy won't cover.

Home insurance in New Hampshire will not cover these losses: 

• Insect and pest infestation
• Maintenance and routine upkeep
• Regular wear and tear of the home 
• Sewer backup damage
• Damage to or theft of your personal vehicles
• Home-based business (unless you purchase an endorsement)

Flood damage in New Hampshire

Folks living in New Hampshire may consider adding sewer backup coverage to their home insurance policies, along with flood insurance. To avoid having to pay out of pocket for damage or destruction to your home caused by sewer backup incidents or flooding, talk to your independent insurance agent in New Hampshire about adding these important protections to your coverage. Without them, you might be responsible for covering any damage yourself.

Average Cost of Homeowners Insurance in New Hampshire

The average costs of homeowners insurance in New Hampshire are just $972 per year, which is much lower than the national average of $1,211 per year. In fact, New Hampshire ranks number 35 of all 50 states for its home insurance costs. Rates in New Hampshire are lower than the US average due to lower property values, crime rates, and risk of severe weather than in many other areas.

Average New Hampshire Home Insurance Costs by City

A home insurance policy's rate is not only influenced by the overall state, but also down to the specific city of the resident. Depending on how close the city is to areas of higher crime and severe weather rates, as well as that area's property values, home insurance rates will be more or less expensive as a result. In New Hampshire, home insurance in the city of Rochester averages only $760 annually, the lowest in the state. In the city of Portsmouth, home insurance averages $1,359 annually, which is the highest in the state.

How does your city measure up to the national average?

National average burglary rate 3.76 per 1,000 people

National average home value $269,000

National average home insurance cost $1,428 year

City	Annual insurance cost	Avg. home value	Burglaries / 1,000 homes
Bedford	$1,297	$427,840	0.8
Concord	$862	$209,960	3.43
Derry	$793	$215,675	1.62
Dover	$843	$229,422	1.58
Keene	$801	$182,811	4.23
Londonderry	$1,060	$293,157	1.15
Manchester	$947	$219,300	4.42
Merrimack	$961	$274,702	0.55
Nashua	$931	$256,800	1.3
Portsmouth	$1,359	$383,163	1.19
Rochester	$760	$155,324	3.47
Salem	$1,120	$312,959	0.86

Popular Questions about Home Insurance in New Hampshire

Average Cost of Home Insurance Near You