Home Insurance in Newtown, Connecticut
With a median home value of $523,200, Newtown is 20% lower than the Western Connecticut Planning Region median.
The typical home in Newtown was built around 1963. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 43% of homes were built before 1960, about 8 points above Western Connecticut Planning Region's 35%.
The housing stock in Newtown is 97% single-family homes and 3% apartments in buildings with 5+ units.
About 67% of owner-occupied homes in Newtown have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Newtown has an owner-occupancy rate of 88% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
Most homes in Newtown - 57% - are primarily heated with fuel oil. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Western Connecticut Planning Region's top FEMA-rated hazard is inland flooding (Relatively High), per FEMA's National Risk Index. Western Connecticut Planning Region had 8,573 active NFIP flood policies as of September 2026. See the full Western Connecticut 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 | $523,200 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 88% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top county hazard | Inland Flooding (Relatively High) |
| Active NFIP policies in Western Connecticut Planning Region | 8,573 |
| 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)