Connecticut is the second smallest state but one of the most densely populated. It was named after the Connecticut River, which splits the state in two, and was one of the original thirteen colonies. Today, the state continues to have maritime traditions and is a hub for financial services. To see who has the cheapest and most expensive homeowners insurance rates, we evaluated quotes for a sample property (a home with 2,000 square feet of living space and one full and one half bathroom). The results showed the locations with the most expensive homeowners insurance rates were more than 3x higher than the cheapest. Since we used one sample property, the rates have comparative value, but are not indicative of what all tenants can expect to pay for their homeowners insurance. Read more below, or enter your zip code above to find homeowners insurance quotes.
- Cheapest Homeowners Insurance In Connecticut
- Best Homeowners Insurance Rates in Connecticut: by City
- Cost of Homeowners Insurance: by City
- Study Methodology
We conducted a study of homeowners insurance rates in Connecticut to show which insurance companies generally had the cheapest rates across 70 municipalities and census-designated places. Based on our data, Amica ranked with the best home insurance rates in Connecticut. The average annual rate collected for our sample property by Amica was 71% or $1,723 cheaper than what Liberty Mutual generally quoted for the same property. We've graphed below the average rates quoted by each carrier for the sample property across all the cities included in the study. Your actual home rates will depend on your past claims history and other particulars of your dwelling.
Find the Cheapest Homeowners Insurance Quotes in Your Area
*The annual premiums quoted are rounded to the nearest whole dollar amount.
Most Expensive Insurance Company
The insurance carrier with the higher average annual rates quoted was Liberty Mutual. As the above graph shows, quotes by the company for the unit we studied were $2,428 - more than 3x the cost of Amica's. While that difference, as well as the difference between Liberty Mutual's and the rates of other carriers, seems extreme, this wide range is consistent with the findings of identical studies conducted for other states. This is why it is in consumers' best interests to obtain at least quotes from three different carriers if they're looking to save on their rates for homeowners insruance.
We provided some details of the five places with the cheapest homeowners insurance in Connecticut, according to our study. Three of the places are located adjacent to each other in the southwest handle of the state. The other two are suburbs of Connecticut’s capital, Hartford.
New Canaan, CT
New Canaan has the best homeowners insurance rates in Connecticut. It is about 10 miles northeast of Greenwich and one of the wealthiest towns in the country. Many of its roughly 20,000 residents commute daily to New York City and it also is home to historic places such as the Waveny Mansion in Waveny Park. Homeowners insurance rates are 40.5% lower than the state average.
The town of Simsbury has more than 23,500 residents and is only 12 miles northeast of Hartford, the state’s capital. The suburb was incorporated in 1670 and was inhabited long before that by indigenous people. Today, it has some of the most affordable homeowners insurance rates in Connecticut. Quotes for the town in our study were 40.3% lower than the state average.
Another town in Connecticut where many residents commute to New York City and elsewhere, Wilton also is home to offices of global corporations, such as Deloitte & Touche. More than 18,000 people live in Wilton and enjoy its history and neighborhoods. Homeowners insurance premiums in Wilton are some of the cheapest in the state, too. Quotes for our sample home in Wilton were 39.3% lower than the Connecticut average.
Weston is a town adjacent to Wilton and is similar to it. It has about 11,000 residents and is serviced by two major roadways (Route 57 and Route 53) that run through it. Like residents in other nearby towns, a significant portion of its residents commute to work in New York City. Home insurance rates in Weston are some of the least expensive in Connecticut. Our study found rates were 37.6% lower in Weston compared to the state average.
Just 33 miles east of Hartford, the town of Windham has more than 25,000 residents and contains a number of villages within it. It’s home to a number of historic places and embraces historic traditions via street fairs and museums. It also has some of the lowest homeowners insurance rates in Connecticut. Premiums in Windham were 37.2% lower than the state average.
Below is the average annual homeowners insurance rates for each municipality and census-designated place included in our study. We were able to gather quotes for 70 places in Connecticut.
|Rank||City||Average Annual Rate|
The data for this study was collected across 4 different major insurers within the state – State Farm, Amica, Liberty Mutual and Nationwide. Quotes were collected for the same sample home and homeowner in each of the cities and towns in Connecticut. The property was a two-story, single-family home built 15 years ago. The residence had 2,000 square feet, one full bathroom and one half bath, and an attached garage. The homeowner in the study was a 41-year-old, non-smoking, male. He does not own any dogs, or exotic pets, and does not own a trampoline or swimming pool. The insured also did not file any loss claims in the past.