Best Home Insurance in New Hampshire

The cheapest home insurance companies in New Hampshire: Amica, $62 a month; Allstate: $73; Vermont Mutual, $76.

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Key Takeaways

  • Amica has the cheapest average homeowners insurance rate in New Hampshire at 62 a month.
  • New Hampshire residents pay 50% less than the national average rate for home insurance.

When looking at home insurance policies side by side, you'll probably notice that their offerings are very similar. This is why you should consider policy cost and customer service or satisfaction when deciding which homeowners insurance company is best for your needs.

Our guide to the best home insurance providers in New Hampshire will help you get the coverage you need at the cheapest price.

In this article

New Hampshire's cheapest home insurance companies

Amica is the cheapest homeowners insurance company in New Hampshire, charging an average rate of $62 a month. Allstate is next, at $73 a month.

Company Average annual rate
Amica $62
Allstate $73
Vermont Mutual $76
Auto-Owners $85
State Farm $88
Travelers $92
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

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How much does home insurance cost in New Hampshire?

The average cost of homeowners insurance in New Hampshire is $79 a month. This is 50% cheaper than the national average home insurance rate of $159.

Home insurance providers consider different risk factors when calculating your quote. These include:

  • Your ZIP code
  • The age of your home
  • Construction materials used
  • The replacement cost of your home
  • Your claim history

All standard homeowners insurance policies tend to offer the same coverage types, regardless of provider. Why the different costs, then? The main reason you see policies priced differently is because insurers put different weights on different risk factors.

For example, one provider may consider your ZIP code to be more of a risk than another company does. As a result, the practical way to find the best home insurance policy at your best price is to compare quotes from multiple providers.

Your policy deductible also affects your final quote. The deductible is the amount you agree to pay before your home insurance company pays the remainder of your claim. The higher your deductible, the cheaper your rate. The table below breaks down the average annual home insurance premium in New Hampshire compared to common deductible choices.

Deductible Average annual rate
$500 $928
$1,000 $848
$1,500 $820
$2,000 $777
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Your dwelling coverage limit impacts what you pay for home insurance, too. As a general rule, you want enough dwelling coverage to pay for a complete rebuild of your home in the event of a total loss. When you calculate your dwelling coverage limit, keep in mind that you only need your home's rebuild cost, not your total property value.

The table below shows the average home insurance rate in New Hampshire based on different dwelling coverage limits.

Dwelling coverage limit Average annual rate
$200,000 $722
$350,000 $1,002
$425,000 $1,171
$500,000 $1,346
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

New Hampshire's best home insurance companies

Of the largest homeowners insurance providers in New Hampshire, we found that Amica was the best overall choice, while Allstate offers the best discounts.

Amica: Best overall

Amica is the best option for New Hampshire homeowners who consider the most affordable rate their top priority. Amica offers an average rate of $62 a month, 22% cheaper than the state average rate of $79 a month.

Amica also holds the top place among the home insurance providers we looked at for customer satisfaction. In the 2023 J.D. Power Property Claims Satisfaction Study, Amica received a rating of 903 out of 1,000. This is well above the industry average of 874 and the highest of the insurers we surveyed. The higher the rating, the better in this case.

Allstate: Best home insurance discounts

Allstate has the second-cheapest average rate for homeowners insurance in New Hampshire, at $73 a month. It also offers a wide array of discounts that could lower your premium even more. These include:

  • Multipolicy discount: Bundling your home insurance policy with an auto or life insurance policy through Allstate can save up to 25% on your insurance costs.
  • Welcome and loyalty discount: Save 10% on your home insurance for switching to Allstate. You have this discount as long as you have your policy with Allstate.
  • Early signing discount: Save up to 10% on your premium by signing up for a new home insurance policy at least seven days before the expiration of your current policy.
  • Easy pay discount: Save 5% on your home insurance by setting up automatic payment.
  • Claim-free discount: If you sign on with Allstate with no recent claims on your home insurance, you can save up to 20%.

Home insurance company satisfaction ratings in New Hampshire

How your home insurance company handles claims is as important, if not more so, than how much you pay for a policy. Doing some homework to understand the customer satisfaction trends of insurers can go a long way toward getting the best coverage for you. In New Hampshire, Amica holds the highest rating of 903 out of 1,000.

Company J.D. Power rating
Amica 903
Allstate 868
Auto-Owners 853
State Farm 880
Travelers 867
Vermont Mutual NA
Source: J.D. Power Property Claims Satisfaction Study 2023

The J.D. Power U.S. Property Claims Satisfaction Study measures policyholder satisfaction with their insurer's claims experience by examining factors that include settlement, claim servicing, and estimation and repair processes.

New Hampshire home insurance company complaint ratings

Traveler's Complaint Index rating of 0.02 is the best score of the biggest home insurance providers in New Hampshire.

Company NAIC rating
Amica NA
Allstate 0.33
Auto-Owners 0.16
State Farm 0.35
Travelers 0.02
Vermont Mutual NA
Source: National Association of Insurance Commissioners (2023)

The lower the index rating, the better in this instance. The NAIC Complaint Index rates policyholders' claim-based complaints filed with a state's insurance departments in comparison to other insurers of similar size.

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Cheapest home insurance in New Hampshire by city

Of New Hampshire's 10 biggest cities, Hudson has the cheapest homeowners insurance rate, at an average $908 a year. Hampton has the highest average rate, $1,090 a year.

City Average annual rate
Hudson $908
Goffstown $922
Concord $931
Keene $931
Lancaster $934
Dover $947
Laconia $952
Derry $963
Exeter $965
Hampton $1,090
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Cheapest home insurance in Hudson

Hudson residents find the cheapest rate for homeowners insurance with Amica, which charges an average premium of $706 a year. Vermont Mutual is the second-cheapest at $780 a year.

Company Average annual rate
Amica $706
Vermont Mutual $780
Allstate $952
Auto-Owners $974
State Farm $990
Travelers $1,047
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Cheapest home insurance in Goffstown

Amica has the most affordable rate for home insurance in Goffstown, at an average of $706 a year. Vermont Mutual is the next-cheapest at $780 a year.

Company Average annual rate
Amica $706
Vermont Mutual $780
Allstate $952
Auto-Owners $1,010
State Farm $1,033
Travelers $1,052
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Cheapest home insurance in Concord

Residents of Concord get the cheapest homeowners insurance with Amica, which charges an average rate of $730 a year. Vermont Mutual is the second-cheapest at $869 a year.

Company Average annual rate
Amica $730
Vermont Mutual $869
Allstate $889
State Farm $1,003
Auto-Owners $1,025
Travelers $1,069
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Cheapest home insurance in New Hampshire by county

Of the biggest counties in New Hampshire, Hillsborough County has the cheapest annual rate for home insurance, at $912 a year. Rockingham County is the most expensive, at $1,007.

County Average annual rate
Hillsborough $912
Merrimack $936
Coos $937
Cheshire $940
Sullivan $941
Grafton $944
Carroll $956
Belknap $963
Strafford $966
Rockingham $1,007
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Frequently asked questions

The average cost of homeowners insurance in New Hampshire is $79 a month. This is half the national average of $159 a month.

Amica has the cheapest home insurance rate in New Hampshire, at an average of $62 a month. Allstate has the state's second-cheapest average rate of $73 a month. Vermont Mutual is third at $76 a month.

Methodology

We collected quotes from every ZIP code in New Hampshire for a standard HO-3 homeowners insurance policy using the following coverages:

  • $275,000 dwelling (unless otherwise noted)
  • $27,500 other structures
  • $137,500 personal property
  • $55,000 loss of use
  • $100,000 liability
  • $5,000 medical payments
  • $1,000 deductible (unless otherwise noted)

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