Home Insurance in Derby, Connecticut
Homes in Derby carry a median value of $256,700 - 19% lower than the Naugatuck Valley Planning Region median.
The typical home in Derby was built around 1967. About 40% of homes were built before 1960, about 1 point above Naugatuck Valley Planning Region's 39%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Derby is 55% single-family homes and 18% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Derby, about 65% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Derby has an owner-occupancy rate of 62% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 56% of homes in Derby are primarily heated with natural gas.
FEMA rates Naugatuck Valley Planning Region's overall risk as Relatively Moderate, led by inland flooding (Relatively High). Naugatuck Valley Planning Region had 866 active NFIP flood policies as of September 2026. See the full Naugatuck Valley Planning Region home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
In Connecticut, the statewide average premium for a standard HO-3 homeowners policy is $2,036 per year (NAIC, 2023 data).
Key figures
| Median home value | $256,700 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Inland Flooding (Relatively High) |
| Active NFIP policies in Naugatuck Valley Planning Region | 866 |
| Home insurance premium | $2,036 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)