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The Best Home Insurance in Connecticut 2022

Connecticut is a small state home to big storms that can damage your home and personal belongings. With homeowners insurance, your home is covered for fires, windstorms, thefts and more. Costing $1,066.05 per year, on average, Connecticut homeowners pay slightly less on home insurance than the national average ($1,213.89 per year).

Cost, however, shouldn't be the only consideration when choosing a homeowners insurance policy. On top of analyzing home insurance quotes, SmartFinancial also considered overall customer satisfaction to bring you the best home insurance in Connecticut in 2022.

Best Home Insurance Companies in Connecticut

SmartFinancial analyzed thousands of quotes and considered J.D. Power customer satisfaction scores when determining our top picks for home insurance companies in Connecticut. The rates listed below are based on home insurance policies with $250,00 dwelling coverage.

Company

Best for

Score*

State Farm

Best overall policy

835

Allstate

Best for bundling

829

Vermont Mutual

Best for cheap rates

Not rated

*Companies were chosen based on reviews and JD Power scores out of 1,000.

Costing $1,066.05 per year, on average, Connecticut homeowners pay slightly less on home insurance than the national average.

Best Overall Policy: State Farm

We ranked State Farm as the best overall policy for its rates and customer service. Homeowners can expect to spend $1,566.00 per year, on average, for a State Farm homeowners policy. Although State Farm charges slightly higher than the statewide average, its impressive accolades shine through.

State Farm scored within the top five for best overall customer satisfaction in a 2021 JD Power home insurance study. Beyond that, State Farm received an impressive NAIC score of 0, holding only 0.06% of the share of complaints in the U.S. market.

  • Discounts: Bundle with another policy; home security systems; impact-resistant roofing

Best for Bundling Home and Auto: Allstate

A home insurance policy with Allstate costs, on average, $1,646.03 per year — 36% more than the statewide average. Allstate offers the highest discount we could find among insurance carriers with home and auto bundle discounts. Allstate's 25% bundle discount easily beats other national carriers who may offer only 5% to 20%. On top of Allstate's bundle discount, you may receive additional savings by enrolling in automatic payments, early renewals and installing home security systems.

Best for Cheap Rates: Vermont Mutual

If affordability is your top concern, then we recommend Vermont Mutual for its cheap rates. Vermont Mutual returned the cheapest quotes, on average, costing just $646.94 per year — 47% below the statewide average. These are among the lowest rates we've seen nationwide. 

Flood coverage is rarely included with basic homeowners policies. The savings you get by insuring with Vermont Mutual could easily go to buying a flood policy to protect your home from flood-related damages.

  • Bundle home and auto

Cost of Homeowners Insurance in Connecticut

Homeowners insurance in Connecticut costs, on average, $1,066.05 per year for a home insurance policy with $250,000 dwelling coverage. Compared to the national annual average of $1,213.89 for homeowners insurance, Connecticut homeowners generally pay 12% less on home insurance. However, actual insurance premiums will vary per person and will also change by the insurance company, dwelling coverage and county.

Homeowners can expect to spend $1,566.00 per year, on average, for a State Farm homeowners policy.

Cheapest Homeowners Insurance Companies in Connecticut

SmartFinancial collected over 5,000 quotes from 14 insurance companies. As mentioned, Vermont Mutual returned the cheapest quotes, on average. Costing just $646.94 per year, Vermont Mutual customers pay 47% less than the statewide average. Chubb returned the most expensive quotes, on average, and is more than twice the statewide average, at $2,820.88 per year. 

Company

Average Annual Premium for $250,000 Dwelling Coverage

Vermont Mutual

$646.94

Andover Companies

$1,209.96

USAA

$1,247.30

Metropolitan

$1,449.99

Travelers

$1,493.88

Encompass

$1,517.78

State Farm

$1,566.00

Allstate

$1,646.03

Homesite

$1,648.26

Farmers

$1,688.32

Amica Mutual

$1,722.63

American Commerce

$1,774.57

GMAC Insurance Group

$1,779.46

Chubb

$2,820.88

Average Cost by Dwelling Value

Your home insurance rates will change depending on how much dwelling coverage you need, which is the price of rebuilding your home after a covered claim. SmartFinancial compiled quotes for policies at four different levels of coverage. Connecticut homeowners pay $715.57 per year, on average, for $150,000 dwelling coverage. The price jumps to $1,726.43 per year, on average, for $450,000 dwelling coverage.

average annual premium by dwelling value for connecticut

 

Average Cost by County

After surveying quotes across all eight counties in Massachusetts, we found that home insurance rates did not deviate too far from the statewide average for $250,000 dwelling coverage. Costing $875.73 per year, on average, residents in Litchfield County pay 28% less than homeowners in other counties. New Haven County returned the most expensive quotes, on average, costing $1,216.64 per year.

County

Average Annual Premium for $250,000 Dwelling Coverage

Fairfield

$1,050.19

Hartford

$937.65

Litchfield

$875.73

Middlesex

$1,146.81

New Haven

$1,216.64

New London

$1,183.51

Tolland

$958.52

Windham

$983.99

Compare Home Insurance Rates in Connecticut

Homeowners Insurance in Connecticut

Basic Connecticut home insurance affords you coverages against natural disasters (e.g., wildfires, windstorms), theft and more. However, homeowners in a coastal state like Connecticut should know that flood coverage is rarely covered in a standard HO-3 policy.

Below, we'll summarize your basic coverages plus additional coverages worth considering:

Coverage

Description

Dwelling

Pays for the cost of rebuilding your home after a covered loss (e.g., your home's roof was partially blown off following a windstorm).

Additional structures

Similar to dwelling coverage, except it covers structures besides the one you live in, such as fences, detached garages and sheds.

Personal property

Both the structure and the contents of your home are covered by basic home insurance. Your insurance carrier will reimburse you for your personal belongings (e.g., clothes, furniture) if they suffer a covered loss. Personal property coverage is typically paid at actual cash value (item's value after depreciation).

Personal liability

Pays for legal expenses if somebody sues you, usually after they suffered property damage or bodily injury while on your property.

Loss of use

Your additional living expenses are paid for if your home is temporarily inaccessible after a covered loss. For example, hotel bills and meals are covered while your home is undergoing repairs after a flood.

Medical payments for others (optional)

If somebody suffers bodily injury while on your property, this coverage pays for their medical expenses.

Flood (separate policy)

Pays for flood-related damages. Flood coverage is typically not included with basic homeowners insurance — you'd need to buy a standalone policy or an insurance rider to gain this coverage.

Hurricane (separate deductible)

Pays for hurricane-related damages. In some states, this is a covered loss under "windstorm coverage." In Connecticut, however, homeowners may be required to pay a separate deductible.

What Connecticut Homeowners Need To Know

Similar to other coastal states, like New Jersey and Florida, Connecticut is vulnerable to powerful storms and floods

Hurricanes

As a state situated along the East Coast, Connecticut is vulnerable to Nor'Easters — storms of powerful winds, snow and rain. These destructive storms can damage your home, breaking windows and upending trees that could lead to costly claims. For standard homeowners insurance policies, you do have some protections under "windstorm coverage" but your insurance company may require you to pay a separate deductible.

Flooding

Connecticut is highly vulnerable to floods, as it shares a border with the Atlantic Ocean. You may experience up to $25,000 in damages from just one inch of floodwater, according to the National Flood Insurance Program (NFIP). Flood coverage is available but is rarely part of a basic home insurance policy. You will likely need to buy a separate policy if you want your insurer to cover flood damages.

Allstate’s 25% bundle discount easily beats other national carriers who may offer only 5% to 20%.

How To Find Home Insurance in Connecticut

Many of the insurance companies we've listed are national carriers, which tend to be popular options among homeowners. Due to their brand reputation and financial stability, homeowners generally feel confident about being reimbursed following a covered claim. Regional providers are also available if you prefer working with a company that understands the locals' needs. Vermont Mutual, especially, can be an attractive option for its affordability.

Flood insurance

As mentioned, flood coverage would typically require you to buy a standalone policy to get protections from flood damages. Typically, homeowners can buy flood insurance in one of two ways:

  1. Buy a flood policy from an NFIP-approved agent. These policies are backed and regulated by the Federal Emergency Management Agency. Note that coverage kicks in 30 days after enrolling — you will not be covered during the waiting period.

  2. Buy a private policy from a private company, usually the cheaper option. 

Vermont Mutual returned the cheapest quotes, on average, costing just $646.94 per year — 47% below the statewide average.

Frequently Asked Questions

What is the average cost of homeowners insurance in Connecticut?

Homeowners insurance in Connecticut costs $1,066.05 per year, on average, for $250,000 dwelling coverage. Compared to the national annual average ($1,213.89), Connecticut homeowners pay 12% less on home insurance.

Is homeowners insurance required in Connecticut?

No, the State of Connecticut does not require homeowners to carry home insurance. However, private mortgage lenders may enforce home insurance as a requirement for closing on your loan. If you enjoy full ownership of your home, insuring your home is still a good idea for the financial relief it offers for covered losses.

Does homeowners insurance cover water damage from rain?

Yes, water damage from rainfall is typically covered under basic homeowners insurance, but you should always double-check with your insurance carrier. Water damage from the ground-up, such as flooding from a broken dam, is not covered.

What is the cheapest homeowners insurance in Connecticut?

Vermont Mutual offers the cheapest homeowners insurance in Connecticut based on our research. At only $646.94 per year, on average, for $250,000 dwelling coverage, Vermont Mutual customers pay 47% less on home insurance compared to other Connecticut homeowners.

Find the Best Homeowners Insurance in the Constitution State

Protecting your home from the many perils that Connecticut faces requires you to choose the right homeowners insurance policy. While rates are also important, you'll want to consider your insurance coverage needs and the quality of service you'll receive.

SmartFinancial can help. We analyze rates and coverages from our 200+ insurance partners, so you don't have to. Enter your zip code below and complete a simple questionnaire to get free quotes from carriers that fit your budget and needs.

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