New Hampshire Homeowners Insurance Calculator: Free Cost Estimator (2023)

Your home’s location has an impact on your homeowners insurance cost. For instance, insurance companies will charge you higher rates if your state or city is prone to natural disasters or has a high prevalence of crime.

Although the New Hampshire Department of Safety reports that the state is prone to severe winter storms, floods and hurricanes, it has a relatively low crime rate which explains why it ranks fourth nationwide in terms of home insurance costs.

The average dwelling coverage in New Hampshire is $250,000.

Dwelling coverage will pay for rebuilding your home if a covered hazard damages it. Choosing a higher coverage limit means getting more protection at a higher cost.

Your homeowners insurance deductible is the amount you’ll have to pay out-of-pocket on a claim before your policy kicks in.

Generally, policies with higher deductibles tend to be cheaper. However, you’ll have to be prepared to face greater expenses when you need to file a claim.

Liability coverage pays for the expenses associated with any property damages or bodily injuries that happen to other people on your property, which you are legally responsible for.

MoneyGeek recommends that you consider paying a few extra dollars to increase your liability coverage limits by hundreds of thousands of dollars per year.

Personal property coverage will pay you to replace the personal belongings that you have in your home if they are damaged or stolen. It is important to get enough coverage, especially if you have high-value items such as fine art and jewelry.

You can use MoneyGeek’s calculator below to estimate how much personal property coverage you need based on the items you currently own.

In New Hampshire, insurance companies may use your credit score when calculating your premiums. Homeowners with poor credit scores are generally viewed as more likely to file a claim. To compensate for this increased risk, insurers may charge them higher rates.