The Best Cheap Connecticut Homeowners Insurance for 2024

Don't love shopping for homeowners insurance? That's okay -- we've taken the legwork out of the process. Here, we'll show you where you can buy the cheapest Connecticut homeowners insurance policies, and outline key factors in choosing a policy.

• Cheapest overall in Connecticut: Vermont Mutual
• Cheapest for new home construction: Progressive
• Cheapest for older homes: Vermont Mutual
• Cheapest for those who have filed a claim: Vermont Mutual

Cheapest overall in Connecticut

These three companies offer the cheapest homeowners insurance in the state:

• Vermont Mutual, with an average annual rate of $553
• Heritage, coming in with an average rate of $682
• Mapfre, staying competitive with a rate of $746

Cheapest for new home construction

Few things feel quite like moving into a new home, a place no one else has left their mark on. Some new homeowners are surprised by how little they pay for homeowners insurance coverage. That's because the major components in the house are new, and insurers are less worried about having to pay out claims soon. Here are the three cheapest Connecticut homeowners insurance providers for newly-built homes:

• Progressive, offering an average annual rate of $266
• Heritage, with an average annual rate of $322
• National General, with an average annual rate of $348

Cheapest for older homes

Older homes are classics for a reason. They have style, character, and architectural flourishes rarely seen on newer homes. However, because they've been around for a while, older homes are also more likely to have problems like leaky roofs, mold, and wood rot. And that's why older homes are more expensive to insure. The top three companies for insuring old Connecticut homes cheaply are:

• Vermont Mutual, with an average annual rate of $506
• Progressive, offering an average annual rate of $611
• Mapfre, with an average annual rate of $710

Cheapest when you've made a claim

Unless a homeowner can afford to pay on their own to repair home damage, Connecticut home insurance is a necessity. However, once a homeowner makes a claim, it is likely the annual premium on the insurance policy will increase for a time. For any Connecticut homeowner who has previously made a claim, these three insurers offer the lowest rates in the state:

• Vermont Mutual, offering a forgiving rate of $547
• National General, offering an average annual rate of $760
• Mapfre, coming in with an average annual rate of $840

Average cost in Connecticut compared to the national average

The average cost of Connecticut homeowners insurance is $1,287, 25% lower than the national average of $1,725.

Connecticut homeowners insurance overview

There's more to finding the best homeowners insurance in Connecticut than identifying the lowest premium. Here are some other factors worth considering when shopping for a policy in Connecticut:

Different types of homeowners coverage

There are six types of policies designed to cover traditional (non-mobile) homes, from basic policies to coverage with all the bells and whistles. The best homeowners insurance companies offer them all. It pays to look for the level of coverage that best fits whatever would need to be repaired or replaced following damage. For example, a homeowner with a recording studio in the basement may want extra coverage to protect expensive recording equipment.

Level of coverage

A cheap policy may be inexpensive only because it provides so little coverage. If a homeowner sleeps better at night knowing they have plenty of coverage, it may be worth paying a slightly higher premium.

Amount of deductible

A deductible is an amount a homeowner is responsible for paying toward a claim. Let's say a basement leaks, and the total cost of the repair is $7,000. If the policy includes a $1,000 deductible, the homeowner pays the contractors $1,000, and the insurance company covers the remaining $6,000.

Potential discounts

One way to land cheap homeowners insurance in Connecticut is to look into all possible policy discounts. Until a homeowner has factored in all available discounts, it's nearly impossible to compare one policy to another. Almost all insurance companies offer home insurance discounts. They include things as basic as the insured being a non-smoker to the house having a newer roof.

What are the most common homeowners insurance claims in Connecticut?

Every region is known for a different set of natural disasters. For example, Arkansas has tornadoes, and South Carolina has hurricanes. But natural disasters are not the only reason a Connecticut homeowner might file a claim. Here are some of the top Connecticut home insurance claims:

Wind and hail

The only places on the planet that are thunderstorm-free are in the Arctic Ocean near the north pole and in the interior of Antarctica. That means all homeowners in the U.S. must concern themselves with what happens if a thunderstorm damages their home. Wind and hail can wreak havoc on roofs, gutters, siding, and outbuildings.

Fire and lightning

Whether lightning causes a fire or a fire begins some other way, the fact that fire and lightning are among the top insurance claims underscores the importance of having a policy that fully covers the homeowner's financial investment.

Water damage

Given that Connecticut is so far north, it's no surprise that one of the most common claims is for water damage. Something as simple as ice piling up on a roof and then melting can cause roof damage and leaks into the interior of a home. In addition, homeowners make claims when appliances leak, pipes burst, and basements take on water.

Dog bites

Most homeowners adore their pups, and can't imagine the family pet biting a visitor. But dogs are animals, and whether it's due to an overprotective or an anxious dog, bites are one of the most common claims made by Connecticut homeowners.

Slip-and-fall

A simple slip and fall can lead to something as easy to fix as a skinned knee. On the other hand, it can lead to serious injury and result in a huge hospital bill. Given that slips and falls are not at all rare, it's important to carry a homeowners insurance policy with enough coverage to deal with the outcome of a slip and fall -- whatever it may be.

Homeowners insurance coverage options and discounts in Connecticut

The best homeowners insurance in Connecticut provides a high enough level of coverage to take care of whatever peril may befall a home. Looking for homeowners insurance is a matter of comparing coverage options and potential discounts. Here's a bit more about coverage and discount options:

Coverage options

Homeowners with a non-mobile home have a choice of six categories of coverage. These categories are referred to as HO-1 through HO-8. Of the eight, one type covers renters, and another covers mobile homes only. The six remaining policy types range from basic coverage to comprehensive protection. A homeowner can pick up coverage, for instance, for jewelry, precious coins, and artwork. The trick is to match a policy to the needs of a specific homeowner.

Discount options

Locating cheap homeowners insurance in Connecticut depends, in part, on taking advantage of as many discounts as possible. Each insurer offers a different set of homeowners insurance discounts. Here are some of the most common:

• Home security system
• Non-smoker
• Home and auto bundle
• Company loyalty
• New home
• Roof upgrade
• Advance pay

5 cheapest cities in Connecticut for homeowners insurance

There are any number of reasons a home may be more (or less) expensive to insure. For example, insurance companies look at the crime rate in a city, how near (or far) a house is from a fire station, and the value of other homes in the area. Here are the five cheapest cities in Connecticut for homeowners insurance:

5 most expensive cities in Connecticut for homeowners insurance

And here are the five most expensive cities for Connecticut homeowners insurance:

The best homeowners insurance in Connecticut provides comprehensive coverage at low cost. No matter how satisfied a homeowner is with a policy, though, it's important to review coverage and premiums once a year to make sure the policy still meets their needs.