Farmers is the cheapest home insurance option for most homeowners in Connecticut, with an average monthly savings of $391. A summary of the most affordable providers in the state is below.
Cheapest Home Insurance in Connecticut
Updated: May 27, 2025
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Key Takeaways
Farmers, Allstate, ASI and Farmers offer the lowest-cost home insurance in Connecticut overall, with potential savings of up to 80%.
Allstate offers the cheapest homeowners insurance in Connecticut if you own a new home or have bad credit.
Farmers offers the most affordable home coverage for those in high-risk fire areas in Connecticut.
What is the Cheapest Home Insurance in Connecticut?
| Farmers | $108 | $1,297 | 52% |
| State Farm | $142 | $1,710 | 37% |
| Allstate | $148 | $1,773 | 34% |
| ASI | $190 | $2,283 | 15% |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
THE CHEAPEST COMPANY MAY NOT BE THE BEST FOR YOU
While these companies may offer the lowest rates in Connecticut, evaluating their customer service reputation and coverage options is important. To help, we’ve created a separate guide to the best home insurance companies in Connecticut, providing a more comprehensive overview.
Cheapest Connecticut Home Insurance Rates by Category
While we’ve listed the cheapest options for most homeowners, those rates may not reflect your specific situation. For instance, while Farmers is typically the cheapest overall, Allstate offers the best rates for newer homes. To help, we’ve outlined the cheapest companies on average for common categories.
| Farmers | Older Homes | $108 |
| Allstate | Newer Homes | $56 |
| Farmers | Homes in High Risk Fire Areas | $108 |
| ASI | Bad Credit | $269 |
*Rates are modified based on our methodology’s base profile. Newer home estimates are based on a home built in 2023, high-risk fire estimates are for a policy with 8-class fire protection, and bad credit rates assume a poor credit score on the FICO scale.
Compare Personalized Cheap Connecticut Home Insurance
The companies listed above typically provide the best rates for their categories, but actual rates vary based on your unique profile. Use the filter below to get a personalized list of the cheapest providers for your situation.
Data filtered by:Results filtered by:
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Coverage Level:$250K Dwelling / $125K Personal Property / $200K Liability
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Deductible:1000
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Claims History:Claim free for 5+ years
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Credit Tier:Good
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Home Age:Older Homes
| Farmers | $108 | $1,297 |
| State Farm | $142 | $1,710 |
| Allstate | $153 | $1,832 |
| ASI | $196 | $2,355 |
| Chubb | $232 | $2,790 |
Cheapest Connecticut Home Insurance By City
Risk factors for insurers vary by location, making some providers more affordable than others. For instance, while Farmers is the cheapest in Hartford, Stamford, and Waterbury, State Farm offers lower rates in Bridgeport, and Allstate is more affordable in New Haven.
| Bridgeport | State Farm | $150 |
| Hartford | Farmers | $114 |
| New Haven | Allstate | $154 |
| Stamford | Farmers | $96 |
| Waterbury | Farmers | $94 |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
How To Find the Cheapest Connecticut Home Insurance for You
Finding affordable home insurance in Connecticut can be challenging, but you can significantly lower your costs with some effort. Below are our core recommendations to help you maximize savings on your policy.
- 1
Determine your coverage needs
It's easy to get oversold on coverage when you don't have limits in mind before buying. Determine your home insurance coverage needs beforehand to avoid purchasing too much. Understanding the different types of home protection available helps ensure you don't miss something important.
- 2
Research home insurance cost information
Research home insurance costs in Connecticut for your profile and available discounts to understand what qualifies as affordable. When ready to buy, ask agents directly about all discounts you may qualify for, as insurers won't apply them automatically.
- 3
Bundle your policies
Benefit from substantial savings through bundled home and vehicle insurance in Connecticut.
- 4
Compare multiple companies apples to apples
To ensure you’re getting a good deal, compare quotes for the same coverage. Once aligned, gather as many quotes as possible using different methods to find the best rate.
- 5
Use state-provided programs
If you have a high-risk profile and face coverage denials or unaffordable rates, Connecticut offers a state program through the Connecticut FAIR Plan. This program provides coverage for those denied by traditional insurers, often at a lower cost than insurers willing to approve you.
Cheap Home Insurance Connecticut: Bottom Line
Farmers, State Farm, and Allstate offer Connecticut's most budget-friendly home insurance. Denied coverage? State programs are there for low-cost policies. Remember, it's wise to compare different insurers, check out prices, and know what coverage you need before you decide.
Cheapest Home Insurance Connecticut: FAQ
Below are answers to common questions about the cheapest home insurance in Connecticut: Find affordable options and understand your coverage needs with these simple insights.
What is the cheapest home insurance company in Connecticut?
Allstate offers the lowest rates for newer homes in Connecticut at $56 per month or $673 per year. However, homeowners with older properties or higher fire protection needs may find better rates with Farmers.
How expensive is home insurance in Connecticut?
Connecticut has the 11th-highest home insurance rates in the U.S.
How much is home insurance in Connecticut?
You should secure enough home insurance to cover the cost of rebuilding your home, replacing personal possessions, and protecting against liability claims. This may exceed your mortgage lender's required amount if they're involved.
While not a legal necessity without a mortgage, lenders require sufficient home insurance to rebuild your home in a total loss event. Opt for coverage that matches your possessions' worth, assesses local hazards, and protects irreplaceable items.
How much home insurance do I need?
You should secure enough home insurance to cover the cost of rebuilding your home, replacing personal possessions, and protecting against liability claims. This may exceed your mortgage lender's required amount if they're involved.
While not a legal necessity without a mortgage, lenders require sufficient home insurance to rebuild your home in a total loss event. Opt for coverage that matches your possessions' worth, assesses local hazards, and protects irreplaceable items.
How We Found the Cheapest Home Insurance Companies in Connecticut
To determine the cheapest home insurance companies in Connecticut, we assumed the following base profile:
- $250K dwelling coverage
- $125K personal property coverage
- $200K liability coverage
- Home built in 2000
- Frame construction
- Composition roof
- $1,000 all perils deductible
- No claims in the past 5+ years
- 3-class fire protection
All other combinations were adjusted based on this profile to provide a more accurate comparison for your specific situation. However, these figures are estimates, and we recommend comparing quotes from multiple providers to secure the best deal.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.