The homeownership rate in New Hampshire averages 75%, which means that many residents may be looking for the best homeowners insurance in the state. Fortunately, New Hampshire home insurance rates are some of the lowest in the country, with an average annual premium of $724 for $250K in dwelling coverage, according to Bankrate’s 2022 study of quoted annual premiums. Our team of insurance editors conducted research that may help you find the best home insurance company for your needs.

Best home insurance companies in New Hampshire

The average cost of coverage is just one factor to consider when shopping for homeowners insurance companies. We analyzed average premiums from Quadrant Information Services as well as financial strength ratings from AM Best and customer satisfaction scores from J.D. Power. While these carriers are among the best home insurance companies in New Hampshire, the best company for you will depend on the coverage types and levels, discounts and policy features you are seeking.

Home insurance company Average annual premium for $250K in dwelling coverage J.D. Power score
Allstate $833 829/1,000
Amica $771 854/1,000
State Farm $782 835/1,000
Travelers $610 800/1,000
USAA* $675 882/1,000

*Not officially ranked by J.D. Power due to eligibility restrictions


Allstate consistently ranks among J.D. Power’s top home insurance companies. The carrier offers a wide variety of insurance products and operates local agencies,  so it may be a good choice if you like to handle your insurance needs in person. However, Allstate’s premium is the highest on our list and is higher than the state average, so it might not be right for homeowners looking for the cheapest coverage.

Learn more: Allstate Insurance review

Amica Mutual

Amica received the highest official ranking in the J.D. Power survey, suggesting that its customers are generally pleased with the carrier’s service. The carrier offers several optional coverage types and discounts, as well as a dividend policy option that could help you recoup up to 20% of your annual premium. All those perks come at a price, though; Amica’s average premium is higher than the state’s average.

Learn more: Amica Insurance review

State Farm

State Farm is the largest home insurance carrier in the country by market share and could be a great option for New Hampshire residents looking for a local agent. Although the carrier’s average annual premium is higher than the state average, State Farm might still be a good choice. The provider offers a suite of insurance and banking products, which might be nice if you like to keep all your business in one place.

Learn more: State Farm Insurance review


Travelers has the lowest average home insurance rates on our list at just $610 per year for $250,000 in dwelling coverage. The company offers a range of optional coverage types and discounts to help you personalize your coverage. However, Travelers does have the lowest J.D. Power score on our list, meaning customers might be less satisfied with its service than that of other companies.

Learn more: Travelers Insurance review


USAA consistently scores among J.D. Power’s top home insurance companies, although the provider is not eligible for official ranking because it is only available to military members, veterans and qualifying family members. However, if you qualify, you may be able to get lower-than-average rates along with exceptional coverage options and high customer satisfaction.

Learn more: USAA Insurance review

How much is homeowners insurance in New Hampshire?

The average home insurance cost in New Hampshire is $724 annually for $250K in dwelling coverage. This is well below the national average of $1,312 per year. New Hampshire’s average rate is lower than Maine’s average home insurance premium, which comes in at $956 annually. However, home insurance in New Hampshire does cost slightly more than it does in Vermont, where the average cost is $686 per year.

Home insurance in New Hampshire

New Hampshire experiences its fair share of volatile weather conditions. Understanding the common types of home damage in the state might help you purchase coverage accordingly.

Common causes of loss in New Hampshire

New Hampshire homeowners face several different types of risks:

  • Hurricanes: Although New England doesn’t get hit with hurricanes as often as the Southern states along the East Coast do, storms have been known to hit the area. Hurricanes can cause high winds and flooding.
  • Storm surge: Hurricanes can also cause storm surge, a particular risk in the state. New Hampshire ranks as the 19th highest state in the nation for storm surge risk. Storms surge happens when an influx of water rushes ashore, causing flooding.
  • Winter storms: Blizzards and ice storms can wreak havoc on New Hampshire homes. Common damages include burst pipes, collapsed roofs and downed power lines and trees.

New Hampshire also faces a moderate risk of tornados, wildfires and earthquakes.

Home insurance coverage options in New Hampshire

When you shop for New Hampshire home insurance, you should probably keep in mind the types of common damage in the area. That way, you may be able to spot additional endorsements or policies you need to be adequately covered. In addition to dwelling coverage, you may want to consider these coverage types:

  • Flood insurance: Flood insurance is not typically included with a standard home insurance policy but can be especially important for those living in flood-prone areas, like the coast of New Hampshire. You usually obtain coverage by buying a separate flood insurance policy from your insurance provider or through FEMA’s National Flood Insurance Program.
  • Water backup and sewer coverage: A standard home insurance policy does not cover drain line or sewer backup issues in your home. However, many insurance companies offer the option of water backup and sewer coverage as an additional endorsement.
  • Earthquake insurance: The average home insurance policy does not include earthquake insurance, either, but you can likely add this coverage to your policy. An earthquake endorsement is usually available as an optional coverage from most insurance providers.

Frequently asked questions

What is the cheapest homeowners insurance in New Hampshire?

The cost of homeowners insurance can depend on many factors, including your credit score, the age of your home and its location. Based on Bankrate’s study, Travelers and USAA offer some of the lowest home insurance rates in New Hampshire. If you are looking for the cheapest home insurance company, you may want to get quotes from several carriers to compare prices.

How do I get homeowners insurance in New Hampshire?

You’ll start by getting quotes. You can often do this online, or you can call a company or visit a local agency. Many insurance experts recommend that you get at least three quotes to compare. Once you find a provider you’d like to buy coverage from, you may need to sign an application and make at least one month’s payment, unless your home insurance is paid from your escrow account.

Are rural New Hampshire homes more expensive to insure?

Rural homes can be expensive to insure, depending on their proximity to emergency services. Homes within five miles of a fire station and 1,000 feet of a fire hydrant may receive lower rates since it is more likely that fires and other emergency situations can be attended to before they cause massive amounts of damage.


Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits:

  • Coverage A, Dwelling: $250,000
  • Coverage B, Other Structures: $25,000
  • Coverage C, Personal Property: $125,000
  • Coverage D, Loss of Use: $50,000
  • Coverage E, Liability: $300,000
  • Coverage F, Medical Payments: $1,000

The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).

These are sample rates and should be used for comparative purposes only. Your quotes will differ.