Find Cheap Homeowners Insurance Quotes in Your Area
We looked at 11 major home insurance companies to find the best option for Connecticut homeowners. We recommend MetLife to most people, as its rates were 21% less expensive than Connecticut's statewide average home insurance cost of $1,172 per year. Our runner-up pick is Allstate, which offered nearly the same rates but with slightly less impressive customer service. We also have alternative recommendations for homeowners with specialized coverage needs. Read on for more information, or use the quote box above to find the best home insurance rates near you.
The Best Homeowners Insurance Companies in Connecticut
In searching for the best homeowners insurance company in Connecticut, we found that two of the top options — MetLife and Allstate — offer very comparable options. We recommend MetLife as our top pick because it's slightly cheaper and has slightly better customer service reviews, but Allstate is also an excellent choice.
Best for most people: MetLife
Our recommendation for home insurance for most Connecticut homeowners is MetLife. It had the best prices for home insurance in Connecticut, with an average annual rate of $924 — 21% less than the typical cost statewide (though it's only $2 cheaper than our runner-up pick). MetLife also has commendable customer service. Its low complaint index of 0.26 from the NAIC suggests that people were generally happy with the service they got.
The biggest drawback of MetLife is that despite being a major insurance company nationwide, it doesn't offer online home insurance quotes. You'll need to work with an insurance agent to determine how much your rates will be.
Allstate is our runner-up choice for home insurance in Connecticut. Its prices were essentially the same as MetLife, with an average price of $926 per year. However, it also had a worse complaint index from the NAIC of 0.6. This means that Allstate customers were between two and three times more likely to be unhappy with the service they received from Allstate, though both companies have scores below the national average of 1.00.
While Allstate does offer an online quoting tool, we were unable to use it for quotes in Connecticut; instead, we were directed to contact Allstate for a quote. Homeowners in Connecticut may need to work with an agent to buy an Allstate policy.
Best for online quotes and service: State Farm
We recommend State Farm for Connecticut homeowners who are looking to buy and manage their homeowners insurance policy online. While State Farm's prices ($972 per year) are a bit higher than our top picks, those companies don't offer online pricing in Connecticut — meaning you have to work with an insurance agent to determine your rates. And rates from State Farm are still less expensive than a typical Connecticut home insurer.
Besides good prices and online service, State Farm also has excellent financial stability. It's received an A++ rating from A.M Best, meaning it has "superior" ability to pay out insurance claims, even in the fact of a widespread disaster or economic downturn.
As the largest insurance company in the U.S., State Farm offers a wide variety of insurance products beyond home, such as auto, life and health insurance, making it a convenient option for people who want a one-stop-shop insurance provider.
Best for high-value homes: Chubb
Chubb is a good choice for owners of high-value homes who want similarly high-end protection. Chubb's insurance product is tailored to the upper end of the home market. In addition to providing coverage limits that may not be available at mainstream insurance companies, Chubb has a variety of options and benefits that appeal to wealthy homeowners. For example, Chubb has a "cash out" option: If your home is completely destroyed, Chubb allows you to simply keep the money you'd be paid, rather than requiring you to use it to rebuild your home.
Chubb has earned a reputation for having excellent customer service and a no-hassle claims policy. It has a very low 0.14 complaint index from the NAIC.
However, this high level of service comes at a price. Chubb was the most expensive home insurance company we looked at, with a statewide average price of $1,778 per year — nearly double the cost of our main recommendation. What's more, Chubb has minimum coverage amounts. It doesn't publish the exact amounts, but homeowners with typically priced homes may not be eligible for a policy from Chubb.
Best for military families: USAA
Members of the military and their families should take a good look at USAA. Its military-specific coverages and benefit, and very highly regarded customer service make it a great choice, though its home insurance rates are not as competitive as some other companies in Connecticut.
We found that USAA has an average statewide rate of $1,173 per year, which is one dollar more than the statewide average cost we found. But for members of the military, benefits like a waived deductible while on combat duty and personal property coverage that applies even in war zones (which most insurers don't include) make it worth the extra expense.
USAA also provides a full suite of financial services beyond home insurance. This includes auto and life insurance policies, in addition to credit cards, checking accounts and home loans. However, eligibility requirements are fairly strict. Only current or former members of the military, in addition to family members of people who've had a USAA insurance policy, may join.
The best-reviewed homeowners insurance companies in Connecticut
When deciding on a home insurance company, it's important to go beyond price — a company's customer service and stability are essential factors to consider as well. When reviewing insurance companies, three key ratings we look at are a company's complaint index from the National Association of Insurance Commissioners, its financial strength rating from A.M. Best and its consumer satisfaction score from J.D. Power. Below, take a look at each for the top home insurance companies in Connecticut.
|Insurer||NAIC complaint index||JD Power Score||A.M. Best FSR|
|New London County Mutl Ins Co||0.49||--||A-|
|The Hanover Insurance Group||0.18||--||A|
|Utica First Insurance Co||0.19||--||A|
The NAIC complaint index compares a company's total premium dollar amount with the number of complaints it's received. A lower score means an insurer has received fewer complaints relative to its size, and 1.0 is the national average.
The A.M. Best financial stability rating (FSR) is an overall judgment of a company's financial strength. The better the grade, the more likely the company will be able to withstand financial hardship or widespread claims (such as from a hurricane).
J.D. Power's consumer satisfaction for homeowners insurance is an annual survey measuring how happy homeowners in the U.S. are with their home insurance providers.
The cheapest options for homeowners insurance in Connecticut
One of the key considerations when selecting home insurance is price: Different homeowners insurance companies charge different amounts for the same amount of coverage, sometimes by hundreds of dollars per year. We collected rates from 11 top insurance companies in Connecticut to see who offers the best prices.
MetLife and Allstate had the best prices in Connecticut, with average prices statewide of just $924 and $926, respectively. These are 21% less than the Average cost of home insurance in the U.S. of home insurance in Connecticut, $1,172.
Common homeowners insurance perils in Connecticut
As it's located in the northeast United States along the Atlantic coast, Connecticut's most common perils for home insurance involve seasonal storms that blow in from the ocean, such as hurricanes and nor'easters. Some types of damage from these storms are covered by insurance but not every kind of expense you may encounter will be included.
Does homeowners insurance cover wind damage in Connecticut?
Wind damage from a home during a hurricane, nor'easter or other storm is one of the most common types of damage to homes nationwide, and fortunately, it's covered by standard homeowners insurance. Wind is one of the named perils included on nearly every homeowners insurance policy sold. This is true whether the wind damages your home directly, such as by ripping shingles off your roof, or indirectly, like if it knocks a tree branch onto your house.
Does homeowners insurance cover flood damage in Connecticut?
Flooding is another common cause of home damage in Connecticut, especially for properties located near Long Island Sound. Unfortunately, damage due to flooding is almost never covered by typical homeowners insurance policies — It's explicitly excluded from most.
If your home is at a high risk of flood damage, such as if it is at a low elevation or close to water, you may want to buy a separate flood insurance policy. There are two main types of flood insurance available: policies backed by the National Flood Insurance Program (NFIP), and those that are sold totally privately.
The main difference between the two is that NFIP policies are available to all homeowners, regardless of how likely their home is to be damaged by a flood; on the other hand, private policies typically offer more flexibility when it comes to coverage limits and the length of the waiting period before coverage goes into effect.
Connecticut insurance rates: City-by-city breakdown
If you're curious about what homeowners in other parts of Connecticut pay for their insurance, take a look at the table below. We sorted and averaged the homeowners insurance premiums in each of the state's major cities and towns to provide a picture of geographic rate variations.
|City||Average rate||% difference from state average|
Even in a smaller state like Connecticut, your location can have a large effect on the price of your home insurance. This is in part due to the relationship between location and real estate value, as well as the differences in risk that insurers calculate for your area. Our national analysis of home insurance shows you how much the average homeowner pays in other states.
For our study of the most affordable home insurance companies in Connecticut, we collected thousands of quotes for homes in every ZIP code across the state of Connecticut. Our sample property was built in 1965 and is protected by $273,100 of dwelling coverage. Companies we included in our price analysis:
- American Commerce
- Amica Mutual
- Andover Companies
- Liberty Mutual
- State Farm
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.