Home Insurance in New Hampshire
The median home value in New Hampshire is $402,500.
The typical home in New Hampshire was built around 1979. About 29% of homes were built before 1960. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In New Hampshire, the housing stock is 69% single-family homes, 15% apartments in buildings with 5+ units and 5% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
62% of owner-occupied homes in New Hampshire carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 14%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 73% of occupied homes in New Hampshire are owner-occupied.
Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In New Hampshire, 40% of homes are primarily heated with fuel oil.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in New Hampshire carries a statewide average premium of $1,300 per year.
Key figures
| Median home value | $402,500 |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 62% |
| Home insurance premium | $1,300 - statewide average (NAIC, 2023 data) |
Counties
- Belknap County
- Carroll County
- Cheshire County
- Coos County
- Grafton County
- Hillsborough County
- Merrimack County
- Rockingham County
- Strafford County
- Sullivan County