The Best Homeowners Insurance Companies in Connecticut (2022)
Homeowners in Connecticut looking for the best home insurance companies must consider several factors. Cost is crucial, but so are customer service, claims experience and financial stability. MoneyGeek used an internal rating system with these factors as the criteria. Our findings show that Amica Mutual is the top provider in Connecticut for homeowners insurance. Remember that what’s best for you may vary depending on your particular needs.
Amica Mutual offers the best home insurance in Connecticut overall, but other companies ranked first for various categories. For example, ASI is the top insurer for those on a budget, USAA is the best option for veterans and State Farm offers the best deal for bundled policies. MoneyGeek identified the best home insurance companies in Connecticut for various buyer profiles. We also detailed the coverages and discounts they offer so you can find what fits your needs.
MoneyGeek also analyzed the cheapest homeowners insurance providers in Connecticut for those more concerned with saving on their monthly bill.
The Best Homeowners Insurance in Connecticut
The Best Overall Homeowners Insurance Companies in Connecticut
To find the best homeowners insurance companies in Connecticut, MoneyGeek evaluated them using multiple criteria. These include claims reputation, customer experience, financial strength and affordability.
Overall, the best home insurance companies in Connecticut are:
- Amica Mutual: MoneyGeek score of 86 out of 100
- ASI: MoneyGeek score of 85 out of 100
Although we excluded USAA in the rankings, it received a MoneyGeek score of 95 out of 100, making it ideal for homeowners with a military background.
MoneyGeek analyzed the reasons that contributed to Amica Mutual and ASI being the best-rated home insurance companies in Connecticut. These include the unique coverages and discounts they offer.
The Top Home Insurance Companies in Connecticut
Amical Mutual scored high for customer service and financial strength. It received 4.47 and 4.50 out of 5 in these areas, respectively. On average, you’ll spend $1,812 for an Amica Mutual home insurance policy per year. You can choose from add-on coverages such as extended reimbursement and contents replacement cost.
When your home is damaged, repairs can be expensive. Amica Mutual’s extended reimbursement coverage helps you with expenses up to 30% above your policy’s limit. Although it doesn’t offer many rare or unique add-ons, Amica Mutual scores well because of its high rating in customer service. You can also leverage Amica Mutual’s loyalty discount if you’ve been with them for at least two years, a rare offering you won’t find with many other insurers.
ASI scored 4.5 for financial stability and a perfect 5.0 for affordability. There aren't many coverage options with ASI — the only coverage you can add to your policy is back-up of sewer or drain. On average, a Connecticut home insurance policy from ASI costs $1,032 annually.
Though ASI doesn’t offer many add-on coverages, the strength of its scores in affordability helped it claim the second spot in MoneyGeek’s study. That said, you can lower your premium further by using some of its unique discounts. You can qualify for these if you pay your annual policy premium in full or use a paperless process to pay your premium.
MoneyGeek used J.D. Power property claims rating and customer satisfaction scores in our rankings. We also collected home insurance estimates nationwide to determine the best homeowners insurance companies nationally and in Connecticut.
Note that your personal experience and expenses may vary depending on your situation. You can read MoneyGeek’s methodology for more details.
The Best Homeowners Companies in Connecticut for Service Quality
Quality service is a crucial factor in homeowners insurance. Companies with stellar customer experience ratings are less likely to stress you out when filing claims. MoneyGeek scored various companies based on user satisfaction and claims experience.
The best home insurance companies in Connecticut for service quality are:
- Amica Mutual: MoneyGeek score of 90 out of 100
- Chubb: MoneyGeek score of 82 out of 100
USAA earned an overall score of 100, placing it first in MoneyGeek’s study. Although we excluded it from the rankings, it’s the best option for homeowners from a military family.
Let’s take a deeper look at why Amica Mutual and Chubb are Connecticut homeowners’ best choices if they’re looking for a company providing great service.
The Top Home Insurance Companies in Connecticut for Quality Service
Chubb’s customers can expect a more than satisfactory experience when filing claims. This reputation is reflected in its claims score, which is 4.58. It received a lower score for overall customer satisfaction, at 3.43 out of 5.
You can add unique coverages to your policy with Chubb, such as risk consulting and cash settlement. The former results in a visit from risk consultants who note all possible threats to ensure your home is fully protected. The latter allows you to take a cash settlement if you choose to rebuild your house at another location after a total loss.
Amica Mutual scored 4.49 out of 5 for claims satisfaction. It indicates that they provide an excellent customer experience during the claims process. Its score for customer service is slightly lower but still very strong at 4.46.
You may not find many unique coverages, but it secured the top spot for the quality of its service. That said, you can still opt to expand your policy’s coverages. Scheduled personal property coverage protects high-value items like fine art, jewelry or business properties. Coverage for ID theft can help with expenses from restoring your identity and reimbursement of unauthorized credit card use.
The Best Homeowners Companies in Connecticut on a Budget
If you’re working within a budget, cost becomes a significant consideration when choosing an insurer. MoneyGeek evaluated home insurance companies in Connecticut to see where you can purchase affordable coverage while still receiving good service.
In Connecticut, the best-rated homeowners insurance companies for those watching their budgets are:
- ASI: MoneyGeek score of 92 out of 100
- Farmers: MoneyGeek score of 85 out of 100
You can purchase a home insurance policy from ASI for $1,032 per year on average. Home insurance from Farmers costs an average of $1,363 annually.
USAA has a score of 90, making it the second-best option for homeowners with a military background. MoneyGeek excluded it from the rankings since its policies aren’t widely available.
MoneyGeek breaks down why ASI is the top home insurance company for budget-conscious buyers in Connecticut. We considered the unique coverages and discounts it offers, among other factors.
The Top Home Insurance Companies in Connecticut on a Budget
Home insurance is affordable at $1,032 per year on average
Offers discounts like bundling, protective device and new home
ASI doesn’t offer commonly available discounts like claims-free and home renovation
MoneyGeek satisfaction rating of 3.81
ASI received a perfect score for affordability in MoneyGeek’s study. Despite the affordable rate, you can lower it further using discounts. If you get the new home discount, recently built homes receive significant savings. Installing security devices like burglar or fire alarms makes you eligible for protective device discounts.
You can also take advantage of less common discounts like early payment. If you get a quote at least 10 days before your policy takes effect, you’ll qualify. Switching from renters to home insurance allows you to leverage ASI’s home buyer discount.
The Best Homeowners Companies in Connecticut for Expensive Homes
Having a luxury home — those that cost a lot to rebuild — may result in different insurance needs. MoneyGeek’s analysis considered insurance costs for a high-value home and weighed this factor against customer experience.
If your home costs $2 million to replace, the companies in Connecticut with the best home insurance are:
- Amica Mutual: MoneyGeek score of 88 out of 100
- State Farm: MoneyGeek score of 84 out of 100
USAA placed first with a MoneyGeek score of 100, but we excluded it from the rankings because it’s not widely available. If you are on active military duty or a veteran, it’s likely the best option for you.
MoneyGeek explores why Amica Mutual is the top home insurance company for buyers with expensive homes.
The Top Home Insurance Companies in Connecticut for High-Value Homes
Satisfaction rating of 4.46
Coverage is somewhat expensive at $12,544 per year on average
It doesn’t offer building ordinance or law add-on coverage
Although a home insurance policy from Amica Mutual may be on the expensive side, this company is known for providing a good experience for its customers. Its MoneyGeek score for satisfaction is 4.46.
Amica Mutual offers several add-on coverages that could benefit homeowners with expensive homes. An example would be extended reimbursement. It means your policy can cover up to 30% above your limits — this added coverage can translate to a significant amount. You may also want to consider the add-on for cyber events and ID theft, which provides assistance when restoring your identity. It also allows you to receive reimbursement for any unauthorized credit card usage within your policy limits.
The Best Homeowners Companies in Connecticut for Veterans
MoneyGeek evaluated insurers in Connecticut that would best address your insurance needs if you have a military background. USAA is the best home insurance company for veterans, with a MoneyGeek score of 95 out of 100 in Connecticut. You can purchase a homeowners insurance policy from USAA for $1,638 per year on average. What makes USAA stand out is how it tailors its services and coverages for homeowners with a military background.
The Top Home Insurance Companies in Connecticut for Veterans
Customizes its coverage to fit homeowners in the military
5 out of 5 for customer satisfaction
4.2 out of 5 for affordability
Policies aren’t available to those not in the military
USAA’s scores for affordability and customer satisfaction are high. It received ratings of 4.18 and 5.0 for those areas, respectively.
When you purchase home insurance from USAA, it automatically includes contents replacement costs coverage. It means that if you need to replace personal belongings due to a covered loss, you’ll get funds at the current replacement cost. USAA does not consider depreciation, which would have otherwise lowered the amount available to you. You can choose to add home rental coverage to your policy, which protects you if you’re renting out a room or your entire home.
The Best Homeowners Companies in Connecticut for Bundling
Consider purchasing home and auto insurance from one insurer if you’re in the market for both. MoneyGeek’s analysis includes which companies offer the best deal if you’re looking to balance the top home insurance options with the best car insurance in Connecticut.
The companies in Connecticut offering the best bundle are:
- State Farm: MoneyGeek score of 86 out of 100
- Allstate: MoneyGeek score of 81 out of 100
Purchasing your home and car insurance policies from the same insurer can lead to a significantly lower premium. You’ll also save yourself from having to deal with two companies with different processes and regulations.
The Top Home Insurance Companies in Connecticut for Bundling
MoneyGeek score of 4.15 for home insurance
MoneyGeek score of 4.06 for auto insurance
24% discount if you bundle home and car insurance
State Farm scores high across all criteria in MoneyGeek’s analysis. It has an overall score of 4.15 out of 5 for home insurance, while its total score for auto insurance coverage is 4.06. Bundling these two policies gives you a 24% discount.
State Farm has several rare coverages, such as vacancy coverage. You'll be protected from damages due to vandalism and glass breakage, assuming your house has been unoccupied for more than 30 days. Another unique coverage is the rideshare add-on for auto insurance policies. It benefits drivers working for a rideshare company because it guarantees they’re protected even between rides.
How to Find the Best Home Insurance in Connecticut
The best home insurance companies in Connecticut balance various factors. These include affordability, service quality and financial strength. MoneyGeek’s guide already provides you with all this information but it can still be helpful to take a deeper look for yourself.
Research Customer Service Reputations in Connecticut
MoneyGeek’s guide provides you with customer satisfaction scores for various companies. You can find this information by researching J.D. Power satisfaction ratings and NAIC company complaint ratios in Connecticut. The Connecticut Insurance Department’s website can also provide a lot of data.
Compare Quotes for Yourself
MoneyGeek gathered quotes for a sample homeowner profile in Connecticut. Using your unique profile may yield different estimates. When comparing insurance quotes, it’s best to get rates from at least three companies. This will give you an idea of how much the average cost of home insurance is for your specific profile.
Make Sure the Company Has Coverages You Want in Connecticut
Various insurance companies will have a list of coverages and discounts on their websites. It’s vital to confirm whether your preferred items are available in Connecticut. Ensure you communicate with insurers to get accurate information before deciding on a company.
Double-Check Financial Stability Ratings
Now that you’ve checked on satisfaction ratings, costs and coverages, the only thing left is to research an insurer’s ratings for financial stability. You may end up leaning towards larger insurance companies with more expensive rates if financial strength is a priority. Regional insurance companies within the state may offer you lower premiums, but they might not be as financially stable as major insurers.
FAQs About the Best Home Insurance in Connecticut
The best home insurance company in Connecticut for you is the one that can address your needs and meet your preferences. The answers to some frequently asked questions may provide you with additional information.
MoneyGeek scores for homeowners insurance in Connecticut were calculated by using a scaled and weighted average of J.D. Power Property Claims and Customer Satisfaction Scores, real homeowners insurance quotes and financial stability ratings from AM Best. Our scoring system weighted J.D. Power scores 60%, affordability 30% and financial stability 10%, adjusting weightings in the sections specifically focused on affordability and service experience.
MoneyGeek analyzed homeowners insurance quotes from the top insurance companies in Connecticut that were provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across Connecticut. Quotes were gathered with an average home profile of 2,500 square feet, built in 2000, with an average dwelling coverage value of $250,000, liability coverage of $100,000 and personal property coverage of $100,000.
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