Amica Mutual offers the most budget-friendly rates overall in New Hampshire, making it an excellent choice for those seeking cost-effective coverage. Even homeowners with poor credit scores can benefit from Amica Mutual's affordable options. If you own a high-value home, Concord Group provides competitive rates. Rates vary based on coverages, claims history, home materials and deductibles. For bundled insurance packages, State Farm is the cheapest option.
Cheapest Homeowners Insurance in New Hampshire (2024 Rates)
Amica offers the lowest home insurance premium in New Hampshire at $423 yearly. Depending on your personal circumstances, the type of property and the location, insurers' prices can vary.
Mark Fitzpatrick
Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
Victoria Copans
Editor
Victoria Copans is a professional writer, editor and translator. She previously worked as the managing editor for online events industry publication XLIVE. As a self-described budgeting nerd, she was drawn to the personal finance space to help share important and useful information that people may not otherwise have access to. In her free time, she loves to travel, learn languages and explore the beautiful nature in her home of Vermont.
Mark Fitzpatrick
Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
Victoria Copans
Editor
Victoria Copans is a professional writer, editor and translator. She previously worked as the managing editor for online events industry publication XLIVE. As a self-described budgeting nerd, she was drawn to the personal finance space to help share important and useful information that people may not otherwise have access to. In her free time, she loves to travel, learn languages and explore the beautiful nature in her home of Vermont.
Updated: May 22, 2024
Advertising & Editorial Disclosure
Table of Contents
Why Trust MoneyGeek? MoneyGeek used information from the New Hampshire Insurance Department and Quadrant Information Services to obtain data on insurance rates, discounts and more.
These rates reflect the cheapest home insurance quotes in New Hampshire as of 2024.
Overall Cheapest Homeowners Insurance in New Hampshire
The most affordable home insurance in New Hampshire is from Amica, with a rate of $423 per year for $100K in dwelling coverage. Keep in mind that home insurance rates vary based on dwelling coverage. Here are the cheapest companies in New Hampshire for other coverage values:
- Cheapest for $100,000: Amica at $423 per year
- Cheapest for $250,000: Amica at $705 per year
- Cheapest for $500,000: Amica at $1,297 per year
Find other options for cheap home insurance in the table below, and see how costs shift by dwelling coverage.
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
- 2000
- 2023
Amica | Annual Premium$423 |
Allstate | Annual Premium$500 |
Farmers | Annual Premium$503 |
State Farm | Annual Premium$512 |
Concord Group Insurance | Annual Premium$530 |
Nationwide | Annual Premium$557 |
Main Street America Insurance | Annual Premium$571 |
Compare New Hampshire Home Insurance Quotes Online
Finding cost-effective home insurance in New Hampshire involves comparing quotes from a range of providers. MoneyGeek’s home insurance calculator streamlines this process, allowing you collect New Hampshire quotes without needing to provide your personal details initially.
Home Insurance Cost Calculator
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Rates updated:
Oct 15, 2024
MoneyGeek partners with some of the companies we write about. However, our content is written and reviewed by an independent team of editors and licensed agents. Reference our data methodology and learn more about how we make money.
Cheapest Home Insurance in New Hampshire for High-Value Homes
In New Hampshire, Concord Group Insurance offers the best deal for high-value home insurance, with $750K in dwelling coverage priced at $1,825 yearly. Dwelling coverage significantly influences home insurance costs, so the cost of insuring high-value homes is generaly higher. Here are the cheapest options for higher limits:
- Cheapest for $750,000: Concord Group Insurance at $1,825 per year
- Cheapest for $1,000,000: Concord Group Insurance at $2,349 per year
Homeowners should get dwelling coverage that equals the home's replacement cost, not the property value. Use the following table to understand how costs vary by dwelling coverage.
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
- 2000
- 2023
Concord Group Insurance | Annual Premium$1,825 |
Amica | Annual Premium$1,892 |
State Farm | Annual Premium$2,124 |
Allstate | Annual Premium$2,356 |
Main Street America Insurance | Annual Premium$2,375 |
Nationwide | Annual Premium$3,089 |
Farmers | Annual Premium$3,324 |
Cheapest Home Insurance in New Hampshire for New Homes
The cheapest home insurance in New Hampshire for new homes with $100K in dwelling coverage is from Amica at $285 per year. Typically, insuring a newer home in New Hampshire tends to be less expensive due to the lower risk of damage often associated with newer constructions.
Here is a breakdown of the cheapest companies by coverage:
- Cheapest for $100,000: Amica at $285 per year
- Cheapest for $250,000: Amica at $424 per year
- Cheapest for $500,000: Amica at $769 per year
To better understand how costs change for a newly constructed home based on dwelling coverage, check out the table below.
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
Amica | Annual Premium$285 |
Farmers | Annual Premium$293 |
Nationwide | Annual Premium$298 |
State Farm | Annual Premium$308 |
Allstate | Annual Premium$353 |
Main Street America Insurance | Annual Premium$361 |
Concord Group Insurance | Annual Premium$411 |
Cheapest Home Insurance in New Hampshire for Low Credit Scores
In New Hampshire, Amica offers the most affordable home insurance for those with poor credit, costing $712 annually for $100K in dwelling coverage. Your credit score greatly influences home insurance rates; insurers rely on it to estimate the likelihood of a policyholder defaulting on payments.
- Cheapest for $100,000: Amica at $712 per year
- Cheapest for $250,000: Amica at $1,187 per year
- Cheapest for $500,000: Amica at $2,183 per year
Poor credit can negatively impact insurance costs — the average yearly home insurance cost for those with poor credit is $1,038 for $100K in dwelling coverage, while individuals with good credit pay an average of $514 yearly. Refer to the following table for a more in-depth breakdown by credit score and dwelling coverage.
- Below Fair
- Excellent
- Fair
- Good
- Poor
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
- 2000
- 2023
Amica | Annual Premium$712 |
Concord Group Insurance | Annual Premium$882 |
Nationwide | Annual Premium$934 |
Allstate | Annual Premium$961 |
State Farm | Annual Premium$1,128 |
Farmers | Annual Premium$1,171 |
Main Street America Insurance | Annual Premium$1,480 |
Cheapest Home Insurance in New Hampshire With a Claims History
Amica offers the lowest annual premium for homeowners in New Hampshire with one claim in the past five years, charging an average of $423 annually for $100K in dwelling coverage. Homeowners with prior claims usually end up paying higher insurance premiums.
Across coverage levels, Amica is the cheapest home insurance provider if you have at least one claim in the past five years.
- Cheapest for $100,000: Amica at $423 per year
- Cheapest for $250,000: Amica at $705 per year
- Cheapest for $500,000: Amica at $1,297 per year
In New Hampshire, homeowners with two claims in the past five years pay an average of $280 more for an annual insurance premium compared to those who remained claim-free during the same period.
- 1 claim in past 5 years
- Claim free for 5+ years
- 2 claims in past 5 years
- 2000
- 2023
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
Amica | Annual Premium$423 |
Concord Group Insurance | Annual Premium$582 |
State Farm | Annual Premium$582 |
Main Street America Insurance | Annual Premium$693 |
Allstate | Annual Premium$717 |
Farmers | Annual Premium$766 |
Nationwide | Annual Premium$776 |
Cheapest Home Insurance in New Hampshire by Home and Roof Materials
The type of construction and roof materials used in your home can significantly impact your home insurance cost as some are more prone to damage than others. In New Hampshire, the most economical home insurance premium for a "frame" construction type home with a shake-treated roof is offered by Amica at an annual premium of $423.
Amica is also the cheapest provider for the same type of home with varying coverage values:
- Cheapest for $100,000: Amica at $423 per year
- Cheapest for $250,000: Amica at $705 per year
- Cheapest for $500,000: Amica at $1,297 per year
To understand the impact of roof and home materials, consider that a home with a superior construction and a tile roof results in an average annual premium that's $94 less, on average, than a frame construction and shake-treated roof. New Hampshire residents should choose higher-quality construction and roofing when possible to lower their insurance premiums.
- Frame
- Superior
- Masonry
- Composition
- Shake-Treated
- Tile
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
Amica | Annual Premium$423 |
State Farm | Annual Premium$512 |
Allstate | Annual Premium$520 |
Concord Group Insurance | Annual Premium$530 |
Main Street America Insurance | Annual Premium$571 |
Nationwide | Annual Premium$611 |
Farmers | Annual Premium$628 |
Cheapest Home Insurance in New Hampshire by Deductible
Changing your deductible can potentially save you hundreds each year. For instance, the cheapest home insurance policy in New Hampshire with a $2,000 deductible is from Amica at $385 per year, while the cheapest with a $500 deductible, also from Amica, is $446 per year.
- $2,000 deductible: Amica at $385 per year
- $1,500 deductible: Amica at $403 per year
- $1,000 deductible: Amica at $423 per year
- $500 deductible: Amica at $446 per year
Deductibles are what you pay before insurance kicks in. The average cost difference across insurers between policies with a $500 and $2,000 deductible is $101.
- 500
- 1000
- 1500
- 2000
- $100K Dwelling / $50K Personal Property / $100K Liability
- $1MM Dwelling / $500K Personal Property / $1MM Liability
- $250K Dwelling / $125K Personal Property / $200K Liability
- $500K Dwelling / $250K Personal Property / $300K Liability
- $750K Dwelling / $375K Personal Property / $500K Liability
- 2000
- 2023
Amica | Annual Premium$385 |
Allstate | Annual Premium$431 |
Farmers | Annual Premium$456 |
State Farm | Annual Premium$472 |
Nationwide | Annual Premium$478 |
Main Street America Insurance | Annual Premium$489 |
Concord Group Insurance | Annual Premium$505 |
Cheapest Home and Auto Insurance Bundle in New Hampshire
In New Hampshire, State Farm offers the most affordable home and auto bundle policy, with an annual premium of just $1,285. Bundling home and auto insurance together can help you reap major discounts and valuable savings.
- State Farm at $1,285 per year
- Concord Group at $1,433 per year
Beyond the cost benefits, bundling also offers convenience by consolidating policies and providing a single contact point for policy management. Discover more on the best New Hampshire insurance bundle](https://www.moneygeek.com/insurance/auto/best-home-auto-bundle-in-new-hampshire/) to unlock these benefits.
State Farm | Annual Premium$1,285 |
Concord Group | Annual Premium$1,433 |
Allstate | Annual Premium$1,670 |
Nationwide | Annual Premium$1,705 |
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.