We understand that New Hampshire residents often wish to be self-reliant, but we also think that means taking advantage of deals and security measures to ensure the future prosperity of your home and family. This is why we think you should get a homeowners insurance policy. In New Hampshire the rates are among the cheapest in the country, and
Here are the five cheapest homeowners insurance providers operating in New Hampshire:
The Five Cheapest Quotes:
A home near one of the larger population centers will have a different annual rate than one in the more rural parts of New Hampshire, and that’s just the tip of the iceberg. While we wish to be as accurate as possible, rates and experiences will vary somewhat from what you read below.
The number listed next to each provider is the average annual rate for a standard policy.
1) Safeco: $472
The cheapest option for New Hampshire residents is Safeco, a company under Liberty Mutual that is known for providing plenty of affordable options and for working through a network of independent agents. When you’re looking at Safeco or talking with an agent, you’ll also see what else is there for your home.
Yet from our research, it seems that the trend is that Safeco keeps things cheap by cutting corners on some of the things that matter, such as customer service, financial stability, and things that contribute to customer satisfaction. In short, Safeco will be your cheapest option, but by no means your best option.
You can expect the following working with Safeco:
- A wide range of coverages and add-ons, even if they aren’t all the cheapest.
- Discounts available for having a recently built home, bundling your home and auto insurance, selecting a higher deductible, and paying your bill in full at the start.
- Plenty of options when it comes to itemized coverage.
2) Patriot Insurance: $549
Patriot Insurance is the second cheapest on average for those looking for homeowners insurance, and they are a newcomer to New Hampshire, only having started in 2018 in the state. Part of the larger Frankenmuth Insurance, they’ve grown to be able to work in New Hampshire to provide competitive policies at affordable prices for residents.
Unfortunately, they don’t have an easy way to get a quote online, so you will need to invest some time to get more information from them. Otherwise, there aren’t many complaints to be had against them that aren’t found with every insurer.
You can expect the following working with Patriot Insurance:
- Options for condos, renters, and those with homes that either wanted regular or additional protection.
- Plenty of policy add-on options such as water or sewage backup and replacement cost coverage.
- A very strong premier insurance option that will handle just about any problem or threat you can think of.
3) York Insurance: $621
York Insurance is a smaller insurance agent operating in Maine and the surrounding areas, which mean that New Hampshire Residents can get access to some potentially great deals and a closer and more trustworthy relationship with your insurance agency than you might be used to. They strive to be independent and work to find you the company that is best, as opposed to what will get York the largest cut.
You will be working with an agent, however, so if you prefer to be more independent in your approach you might want to look elsewhere. You may also need to do additional research if you want the complete picture, although York’s agents will almost certainly be happy to explain things to you.
You can expect the following working with York Insurance:
- Different policy types available, ranging from basic to special to a condo policy, so your specific needs are met.
- Optional coverages available such as ones for collection, art pieces, camera equipment, and many others.
- Should you need to make a claim, York Insurance will act as your liaison, making things much easier for you during a difficult time.
4) Citizens Insurance (The Hanover): $647
Part of The Hanover Insurance Group, which you might know them better by, Citizens Insurance remains competitive with pricing while serving customers all across the country. Often working with local agents and in-tune with the needs of people nearby, they might be able to notice what you need more than you do and help you navigate plans so that you don’t get services or coverages you don’t need.
The main problems we’ve seen with The Hanover or Citizens Insurance is that they sometimes take a while to get back to you, which can be a concern in you find yourself in an emergency. You don’t want extra planning on your plate if your home is damaged.
You can expect the following working with Citizens Insurance:
- Discounts for new homeowners, recently buying a home, installing safety and security devices, and more.
- You will likely have several different insurance packages to choose from and customization options to work with from there.
- Excellent car insurance options if you’re looking to bundle.
5) MetLife: $674
MetLife is a very old, reliable, and large provider of insurance that over time has built up a reputation as one of the best providers in the area and in the industry in general. They allow you to customize your policy, have above average scores in customer satisfaction and customer service, and home replacement coverage that you just won’t find an equal to anywhere else for the cost.
Yet while they offer some of the best coverage, their online experience falls behind, making filing a claim not as convenient as competitors have made it. Whether the sacrifice of convenience is worth it will be up to you and your family to decide.
You can expect the following working with MetLife:
- Excellent policies if you also need life, auto, or other type of insurance.
- Discounts available for being a member of certain groups, installing protection measures in your home, or bundling insurance policies.
- The very best replacement coverage we could find in our time reviewing insurance policies.
Getting a homeowners insurance policy in New Hampshire is cheap, easy, and necessary. We don’t want you to have to rebuild parts of your home (or your entire home) out of pocket for lack of a $500 policy, so we hope that you seriously review the above options and get some quotes over the next few days. It can be an involved process if you would like it to be, but we know that you’ll be able to get what you want and then rest easy knowing you have a safety net should the worst happen to your home.