- Best condo insurance companies in Connecticut
- Average cost of condo insurance in Connecticut
- Condo insurance rates in Connecticut by coverage level
- Condo insurance rates by company in Connecticut
- Compare condo insurance rates by city in Connecticut
- Methodology
- Compare Connecticut condo insurance rates with other states
Best condo insurance companies in Connecticut
In Connecticut, you have a lot of options when it comes to finding the best condo insurance company. To make your task easier, our insurance experts have analyzed premiums, coverage offerings, scores, and ratings from sources like the National Association of Insurance Commissioners (NAIC) and AM Best for major insurance companies in Connecticut. Below are the best condo insurance companies in Connecticut based on Insurance.com’s analysis.
| Company | Annual premium | AM Best rating | NAIC | Insurance.com rating |
|---|---|---|---|---|
| Chubb Ltd | $492 | A++ | 0.18 | |
| Amica Mutual | $504 | A+ | 0.23 | |
| American Family | $692 | A | 0.37 | |
| State Farm | $428 | A++ | 0.95 | |
| Allstate | $499 | A+ | 0.90 | |
| National General Insurance | $572 | A+ | 0.92 | |
| Farmers | $927 | A | 0.54 | |
| Travelers | $1,153 | A++ | 0.54 |
Average cost of condo insurance in Connecticut
The average cost of condo insurance in Connecticut is $646 a year or $54 a month with $1,000 as deductible, $60,000 in personal property coverage, and liability coverage of $300,000. Your average annual premium will vary depending on your location, the coverage limits you select, and the deductible amount among other factors.
To find the most affordable policy for your situation, compare quotes from multiple providers based on the coverage you need.
| Average annual premium | Average monthly premium |
|---|---|
| $646 | $54 |
Condo insurance calculator
Average condo insurance rates in ConnecticutMost & least expensive ZIP codes for condo insurance in Connecticut
Most expensive
| ZIP code | City | Highest rate |
|---|---|---|
| 06498 | Westbrook | $798 |
| 06475 | Old Saybrook | $796 |
| 06413 | Clinton | $792 |
| 06405 | Branford | $785 |
Least expensive
| ZIP code | City | Lowest rate |
|---|---|---|
| 06039 | Lakeville | $542 |
| 06024 | East Canaan | $545 |
| 06021 | Colebrook | $553 |
| 06068 | Salisbury | $556 |
Condo insurance rates in Connecticut by coverage level
Based on a rate study by Insurance.com, State Farm provides the lowest condo insurance rates in Connecticut based on our standard coverage sample of $60,000 for personal property coverage, $300,000 for liability coverage and a $1,000 deductible.
Chubb Ltd is the next cheapest option, offering low-cost condo insurance in Connecticut at $492 per year. However, rates vary by coverage level.
The table below shows condo insurance rates from several top companies at various coverage levels.
| Company | $40,000 contents/$100,000 liability | $40,000 contents/$300,000 liability | $60,000 contents/$100,000 liability | $60,000 contents/$300,000 liability | $80,000 contents/$100,000 liability | $80,000 contents/$300,000 liability | $100,000 contents/$100,000 liability | $100,000 contents/$300,000 liability |
|---|---|---|---|---|---|---|---|---|
| State Farm | $359 | $368 | $419 | $428 | $467 | $476 | $511 | $520 |
| Chubb Ltd | $325 | $402 | $415 | $492 | $507 | $584 | $594 | $671 |
| Allstate | $377 | $412 | $464 | $499 | $550 | $585 | $638 | $673 |
| Amica Mutual | $421 | $426 | $499 | $504 | $586 | $591 | $657 | $662 |
| National General Insurance | $492 | $494 | $569 | $572 | $643 | $647 | $705 | $709 |
| USAA | $553 | $553 | $611 | $611 | $663 | $663 | $711 | $711 |
| American Family | $557 | $565 | $684 | $692 | $812 | $820 | $939 | $947 |
| Farmers | $730 | $760 | $897 | $927 | $1,033 | $1,063 | $1,175 | $1,205 |
| Travelers | $961 | $987 | $1,121 | $1,153 | $1,258 | $1,294 | $1,440 | $1,484 |
Condo insurance rates by company in Connecticut
Rates for condo insurance by company in Connecticut vary. It’s important to shop around and compare quotes to find the best price.
In the table given below, you’ll see condo insurance rates for major companies in Connecticut. The cheapest company for condo insurance in Connecticut is State Farm. Chubb, and Allstate, are the second and third cheapest options.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| State Farm | $428 | $36 |
| Chubb Ltd | $492 | $41 |
| Allstate | $499 | $42 |
| Amica Mutual | $504 | $42 |
| National General Insurance | $572 | $48 |
| USAA | $611 | $51 |
| American Family | $692 | $58 |
| Farmers | $927 | $77 |
| Travelers | $1,153 | $96 |
Compare condo insurance rates by city in Connecticut
Condo insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on condo insurance for your specific city in Connecticut.
City Annual insurance premium
Methodology
Insurance.com compared condo insurance rates provided by Quadrant Data Solutions in 2023 for $60,000 of personal property coverage with a $1,000 deductible and $300,000 of liability coverage for all available ZIP codes and with a good credit score. The content was updated in 2024.
Compare Connecticut condo insurance rates with other states
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