Home Insurance in Connecticut
Connecticut's median home value is $366,900.
The typical home in Connecticut was built around 1967. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 41% of homes were built before 1960.
Housing in Connecticut breaks down to 65% single-family homes, 19% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Connecticut, about 65% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 66% of occupied homes in Connecticut are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Connecticut, 36% of homes are primarily heated with natural gas.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Connecticut carries a statewide average premium of $2,036 per year.
Key figures
| Median home value | $366,900 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 65% |
| Home insurance premium | $2,036 - statewide average (NAIC, 2023 data) |
Counties
- Capitol Planning Region
- Greater Bridgeport Planning Region
- Lower Connecticut River Valley Planning Region
- Naugatuck Valley Planning Region
- Northeastern Connecticut Planning Region
- Northwest Hills Planning Region
- South Central Connecticut Planning Region
- Southeastern Connecticut Planning Region
- Western Connecticut Planning Region