Average Cost Of Homeowners Insurance In Ct

Second cheapest rates in connecticut.

Average cost of homeowners insurance in ct. High property values coupled with uncertain weather patterns especially in the winter play a role in those costs. Auto insurance is expensive in connecticut. Metlife and allstate had the best prices in connecticut with average prices statewide of just 924 and 926 respectively. The average cost of homeowners insurance is around 1 200 a year but many factors play a role including the details of your property and which state and city you live in.

The same study showed an average increase of 369 in home insurance premium from 2006 2015 nationally. Homeowners in connecticut on the other hand paid an average premium of 1 445 in the year 2016 latest available data. But car insurance rates are dictated by factors aside from geography. Based on the most recent data regarding homeowner s insurance information the average cost of homeowner s insurance in connecticut ranks at 1 318 more than the national average of 1 132.

These are 21 less than the average cost of home insurance in the u s. Average cost of homeowners insurance in connecticut the average cost of a homeowner insurance policy in connecticut is 1 067 which puts it slightly under the national average of 1 211. City average annual premium. Based on a home with 300 000 in dwelling coverage 300 000 in liability coverage and a 1 000 deductible the top 10 most expensive home insurance markets include.

The graph below shows the average cost of an allstate home insurance policy in connecticut s larger cities. Average cost by state. Of home insurance in connecticut 1 172. Depending on where you live the average cost of home insurance can fall anywhere between 400 and 3 000 per year.

These costs are impacted by the unique home insurance risks for each state the amount of coverage a typical homeowner buys in each state and several other factors. Louisiana has the most expensive home insurance at an average of over 1 900 a year and oregon has the cheapest average home insurance at around 650 a year. As you ll see in the homeowners insurance cost by state chart below oklahoma is the most expensive state for home insurance 2 140 more than the national average for the coverage level analyzed.