Home Insurance in Waterbury, Connecticut
With a median home value of $208,500, Waterbury is 34% lower than the Naugatuck Valley Planning Region median.
The typical home in Waterbury was built around 1959. About 52% of homes were built before 1960, about 13 points above Naugatuck Valley Planning Region's 39%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Waterbury is 47% single-family homes and 24% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 65% of owner-occupied homes in Waterbury have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 47% of occupied homes in Waterbury are owner-occupied. The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Waterbury, 38% of homes are primarily heated with natural gas. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Waterbury? FEMA's National Risk Index points to inland flooding (Relatively High) in Naugatuck Valley Planning Region and 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 | $208,500 |
|---|---|
| Median year built | 1959 |
| Owner-occupied share | 47% |
| 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)