Best Homeowners Insurance In Connecticut For 2024

Not only does Farmers excel in offering top-tier perks, but it also scores highly for its “online experience” because of how well it communicates these perks and discounts to both current and potential policyholders. These perks include:

• Guaranteed Replacement Cost: No matter how much it costs, Farmers will pay the entire cost to rebuild your home.
• Claim Forgiveness: Once you’ve gone five years without a claim, Farmers won’t raise your premiums after you file one.
• Claim-Free Discount: Receive a home insurance discount after three consecutive claim-free years.
• Multi-Policy Savings: You can save up to 34% on home insurance by bundling multiple Farmers policies.
• Declining Deductible: Earn $50 each year toward your deductible as long as your home insurance policy remains active.

The overall score of 9.3/10 for Farmers is a reflection of its lower customer service satisfaction ratings from J.D. Power.

Nationwide holds a top-tier A+ (Superior) financial strength rating from AM Best, but policyholders have left many negative online reviews, leading to a low customer satisfaction score. The company has a strong presence in Connecticut with several local agent offices.

Nationwide’s standard home insurance policy offers coverage not commonly provided by other insurers, such as reimbursement for credit card fraud and ordinance or law coverage for rebuilding according to stricter regulations.

Another way to adjust your policy is with unique options such as Better Roof Replacement, which covers the cost of superior roofing materials if replacement is needed after a qualifying event.

Brand New Belongings offers coverage that compensates for the replacement cost of your items. First, you’ll be reimbursed for their depreciated value, and once you buy replacements, you can submit receipts to Nationwide to recover the difference.

The average cost of home insurance from Chubb in Connecticut is $1,362 per year, making it the most affordable option, priced $1,170 lower than the state average.

Chubb offers affordable home insurance rates in Connecticut, specifically tailored to high-value homes, with a strong reputation for financial stability and great customer service. Along with their low premiums, you get extended replacement cost coverage that ensures your items are repaired or replaced, even if they’ve lost value.

State Farm emerged as our top choice for overall performance, due to its extensive agent presence in Connecticut, high customer satisfaction ratings, and affordable premiums. Its strong J.D. Power service ratings are important, given its widespread agents and claims adjusters, especially following tornadoes or other severe storms.

At State Farm, a basic homeowners policy can be customized by adding extra coverage options to suit your needs. These may include protection for rebuilding under new ordinances, identity theft, or coverage for valuable items like jewelry or collectibles. State Farm has an A++ rating for financial strength, the best rating awarded by AM Best.

You can begin the quote process with State Farm online, but purchasing a policy will involve working with a local agent. Policyholders can access their accounts, file claims, and switch to paperless billing using the website or app. The site also features a resource library full of helpful insurance information.

Allstate offers 11 distinct home insurance discounts, which is well above the average of seven across the industry. As an insurance analyst, I consider several of these to be truly unique.

You can enjoy these discounts through Allstate:

Claims forgiveness: Prevents a premium increase after making a claim.
Claims-free: Earn 5% back on renewal each year if no claims are made.
Deductible reward: $100 off your deductible when you sign up.
Bundle: Save up to 25% by bundling car and home insurance.
Automatic payment: Save up to 5% by setting up automatic payments.
Loyalty: Earn up to 10% off for staying with Allstate.
Home buyer: Discount for customers who have recently bought a home.
New home: Discount for insuring newly constructed properties.
Responsible payment: Extra savings for consistently paying on time.
Early payment: Save up to 10% for buying a new policy seven days before the current one ends.
Protective device: Discount for installing fire and theft protection devices.

With nine optional coverage types, almost double the industry standard of five, Allstate offers homeowners insurance options that include yard and garden coverage, which boosts limits for landscaping and riding lawnmowers, alongside common choices like ID theft and scheduled personal property coverage.