Best home insurance company for military-related needs

USAA
3.7 Bankrate ScoreExplore Bankrate's review
- J.D. Power:
- 884 /1,000
- AM Best:
- A ++
- Avg. annual premium for 250k dwelling
- $ 834
Explore Bankrate's review
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249). For more information, please see our .
At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation of . Our content is backed by Coverage.com LLC, a licensed entity (NPN: 19966249). For more information, please see our
The average annual cost of Connecticut home insurance is $1,216 per year for $250k in dwelling coverage. USAA, Amica and Farmers are our top three Connecticut insurance carriers, based on our research. When researching Connecticut home insurers, we first obtained average premium information from Quadrant Information Services. After analyzing the data, we also reviewed customer satisfaction scores from the J.D. Power 2022 U.S. Home Insurance Study, available coverage, as well as discount and policy features offered by each company. To help you find the best Connecticut homeowners insurance for your needs, you may want to consider quotes from the following companies:
Insurance company | J.D. Power | AM Best | Average monthly premium | Average annual premium | |
---|---|---|---|---|---|
USAA
3.7
Bankrate Score
|
J.D. Power
884
/1,000 |
AM Best
A++
(Superior)
|
Average monthly premium
$70
|
Average annual premium
$834
|
Get a quote |
State Farm
3.2
Bankrate Score
|
J.D. Power
829
/1,000 |
AM Best
A++
(Superior)
|
Average monthly premium
$85
|
Average annual premium
$1,014
|
Read review |
Amica
3.5
Bankrate Score
|
J.D. Power
849
/1,000 |
AM Best
A+
(Superior)
|
Average monthly premium
$98
|
Average annual premium
$1,175
|
Read review |
Farmers
2.9
Bankrate Score
|
J.D. Power
792
/1,000 |
AM Best
A-
(Excellent)
|
Average monthly premium
$116
|
Average annual premium
$1,396
|
Get a quote |
Travelers
3.3
Bankrate Score
|
J.D. Power
794
/1,000 |
AM Best
A++
(Superior)
|
Average monthly premium
$147
|
Average annual premium
$1,769
|
Get a quote |
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
*Average rates are for annual policies with $250,000 in dwelling coverage.
**Not officially ranked with J.D. Power due to eligibility restrictions.
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In Connecticut, the average cost of homeowners insurance is $1,184 per year for $250,000 in dwelling coverage, which is less than the national average of $1,312 per year. Connecticut homeowners may pay less premium than the national average due to many properties having a reduced risk of being impacted by major hurricanes (Categories 3-5) that can leave devastating impacts on homes. Unlike other coastal states such as Florida and Mississippi, Connecticut homes are generally a bit safer from the impacts of hurricanes.
However, homeowners insurance in Connecticut can still be expensive because of its location along the Atlantic coast. Homes in coastal areas may be more susceptible to damage from wind, rain and tropical systems, which can cause extensive damage. Additionally, Connecticut’s harsh winter climate could also increase the risk of cold-weather home damage, such as burst pipes from freezing temperatures or roof damage from heavy snow.
Connecticut homeowners may want to evaluate and consider their state’s unique features to better understand their property insurance coverage needs. The common causes of loss in Connecticut might inform what coverage you choose to purchase.
It is possible that your Connecticut home could be damaged by weather, fire, theft or other situations, so having homeowners insurance can help to protect you from hefty out-of-pocket expenses to repair damages or replace lost items. Additionally, the coastal position of the state puts it at risk for flooding. Tropical Storm Henri made landfall in Connecticut on August 22, 2021, causing flooding and leaving thousands without power. Specifically, Connecticut homeowners are at an increased risk of:
When shopping for homeowners insurance, you may want to talk to a company representative or local agent to discuss the common causes of loss in your area. Understanding what is most likely to cause damage may help you choose appropriate coverages.
If you are buying home insurance in Connecticut, there are a few types of coverage that you may want to consider, on top of the standard coverage types, like dwelling coverage and personal liability:
Every company offers different optional coverage, so talking with an agent may be helpful when choosing endorsements.