The Best and Cheapest Home Insurance in New Hampshire

Best cheap home insurance in New Hampshire

Cheapest home insurance in New Hampshire

Vermont Mutual offers the best quote for home insurance in New Hampshire, with an average rate of just $606 per year. That's $195 cheaper than the overall state average.

Benefits like customer service and flexible coverage are also important to consider when choosing the best home insurance for you.

Chubb also offers a competitively low price at $670 per year, or only $56 per month, though policies are available exclusively for high-value homes.

Cheap annual home insurance in New Hampshire

Best New Hampshire home insurance overall: Vermont Mutual

Vermont Mutual is the best home insurance company in New Hampshire because it offers the best overall combination of low prices, strong customer service and coverage options. Vermont Mutual offers an average price of $606 per year, which is 24% cheaper than the average annual rate in New Hampshire.

The company offers add-on packages like the Advantage Endorsement, which includes up to $50,000 in mechanical and electrical breakdown coverage for home systems, or the Elite Endorsement, which covers service line repairs.

Vermont Mutual also provides excellent customer service. It received a complaint index score of 0.50 from the National Association of Insurance Commissioners (NAIC), which means it received 50% fewer complaints than a typical homeowners insurance company relative to its size.

The biggest drawback to Vermont Mutual is that its online tools are limited. You can't get a quote or purchase a policy online, so you have to contact a local agent over the phone. However, you can still file a claim and make payments for your existing policy on the company's website.

Best for high-value homes: Chubb

Chubb has the best prices of any insurer in New Hampshire for high-end homes. It offers an average rate of $670 per year, which is 16% lower than the state average.

What makes Chubb excellent for high-net-worth individuals is personalized, quality service and diverse policy options. Chubb offers standard home insurance, condo and co-op insurance, renters insurance and flood insurance.

Chubb also offers several uncommon coverages like extended replacement cost, which pays to have your home rebuilt or repaired even if the cost is more than your coverage limits. It also offers risk consulting, cyber insurance and cash settlement, which pays your home value in cash so you can rebuild in another location.

The company also provides superior customer service, receiving a 0.38 complaint index from the NAIC. This means the insurer receives 62% fewer complaints than a typical insurance company of its size.

However, with Chubb, you can't get an instant quote online, so you have to find a local agent near you. And you might not qualify for coverage at all if your home is worth less than the median value in the state.

Best home insurance for bundling: Allstate

Allstate is the best insurance company for discounts on bundling multiple policies. When you combine home and auto insurance policies with Allstate, you can save 25% on the cost of your premium with the multi-policy discount. Policyholders also have access to a number of other discounts, like the homebuyer discount, loyalty discount and protective device discount.

Allstate's average rate is one of the three cheapest in New Hampshire at $722 per year, or $60 per month. This is about 10% cheaper than average. The company is also the second-largest insurer in the U.S., meaning customers should have convenient access to one of the 12,300 Allstate insurance agents nationwide.

The only downside is that Allstate's customer satisfaction rating is below average. Allstate received a 3.07 complaint index from the NAIC, meaning it receives more than three times the complaints an average insurer its size would. You also may not be able to get an online quote in New Hampshire, so you'd have to call a local agent for a quote.

Most complete coverage: Concord Group

Concord Group offers the most complete protection in home insurance in New Hampshire. As a policyholder, you can bundle and customize your policies beyond the standard coverage. Concord's endorsements include unusual options such as coverage for defacement and misplacement of your property, coverage for upgrades to meet ordinance and law changes, and service line damage coverage.

The company also offers an exceptionally valuable endorsement that covers the extra cost of repairing or replacing damaged parts of your home with eco-friendly materials. This includes energy-saving electrical and heating systems, covering up to $20,000 per claim.

Concord Group received a 0.41 complaint index from the NAIC, meaning it receives 59% fewer complaints than a typical insurer of its size.

However, one downside of Concord being a small local company is that online and mobile features are weaker. For example, you can’t file a claim or buy a policy online; instead, you'll have to call a local agent for support.

Best for military families: USAA

USAA is the best home insurance option for military families in New Hampshire. The company provides benefits specific to service members and their dependents that include personal property coverage at home or in war zones, which most insurers don’t provide. Your deductible is also waived if you make a claim on military-issued gear while on active or reserve duty.

USAA boasts excellent customer service and receives about half as many complaints as a typical home insurer relative to its size, according to the NAIC.

The only downside is that USAA’s rates aren’t competitive with other insurers in New Hampshire. USAA's average rate is $1,226 per year, or $102 per month. This is $425 per year more expensive than the state average, and $620 more than the cheapest rate.

Additionally, only certain people are eligible to get coverage from USAA. Active, reserve and retired military service members may join, as can direct family members of current or former USAA members.

New Hampshire insurance rates: City-by-city breakdown

Antrim is the cheapest city for home insurance in New Hampshire. This rural town west of Manchester has an average rate of $763 per year.

Seabrook Beach is the most expensive city for home insurance in New Hampshire with an average rate of $1,007 per year. This is 26% higher than the state average of $801 per year. Seabrook is nestled on New Hampshire’s 13-mile coastline just south of the state’s biggest summer tourist attraction, Hampton Beach.

Best home insurance companies in New Hampshire

Vermont Mutual and Chubb are our picks for the best-rated home insurance companies in New Hampshire. Vermont Mutual offers the cheapest rates for most New Hampshire homeowners and an impressively low customer complaint index. Although Chubb is recommended for high-end homes, the company still boasts good customer support scores and offers some of the lowest rates for homeowners in New Hampshire.

Common home insurance risks in New Hampshire

Because of New Hampshire's location in the northeastern United States, the most common causes of damage to New Hampshire homes involve storms coming off of the Atlantic Ocean as well as blizzards. For the most part, damage from these types of storms is covered by home insurance, but that isn't always the case.

Is wind damage covered by home insurance?

Wind damage is common in New Hampshire, from hurricanes and nor'easters coming in from the Atlantic to winter storms coming south from Canada. Luckily, damage to homes from wind is almost always covered by home insurance. Even on basic home insurance policies, wind is one of the named perils included in the coverage.

Is snow and ice damage covered by home insurance?

New Hampshire regularly gets serious snowstorms, accumulating close to 30 inches across the state in 2022 alone. If too much snow builds up on your roof or trees, it can cause damage. This is usually covered by home insurance, under "weight of snow" coverage.

However, it's important that you monitor the buildup of snow and ice and clear it off if necessary. Your insurance likely will not cover damage from water that's leaked through your roof, nor will it cover damage from an ice dam.

Frequently asked questions

Methodology

We collected home insurance quotes for every city across New Hampshire from the largest home insurance companies in the state. Our sample home insurance profile was for a home built in 1977 with $261,700 of dwelling coverage, which is based on the average New Hampshire home, according to the latest U.S. Census Bureau data.

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.

We ranked each company's customer service scores by comparing the National Association of Insurance Commissioners (NAIC) complaint index, J.D. Power's home insurance customer satisfaction rankings and our ValuePenguin editor's ratings.