Waterbury, CT Homeowners Insurance Rate Quotes!

Enter your Zip Code:    
Easily compare up to 12 competitive Waterbury, CT rates all in one place!

Shopping online for a new homeowners insurance policy in Waterbury just got a bit easier. Our website GetHomeInsuranceQuotes.com is here to help you find a great policy at the right price and our customer service reps will make sure that the whole insurance buying process is easy and stress free.

We work with dozens of highly trusted brand name insurance carriers that have been in business for decades so you can be confident that they will be there to help if you ever need to make a claim.

Our licensed Waterbury insurance consultants are happy to help you compare multiple insurance quotes, advise you on what coverages are right for you and answer any questions you may have throughout the entire shopping process.

We will pull rates from up to 12 different insurance companies and present you with the best options for your home. All of our insurers are highly rated by A.M. Best and our service professionals will guide you through the maze of Connecticut home insurance options so you can be confident that you get the best coverage at an affordable price. Easily start your quote today by entering your Waterbury zip code today!

Waterbury Home Insurance Rate on Average

Rates depend on many factors, every policy is different because every home is different. Homeowners in Waterbury are paying on average around $1,186 per year. Most homeowners insurance policies are paid annually, but home insurance normally cost around $99 per month for homes in the Waterbury area. With discounts applied, some are seeing rates as low as $936 per year. More expensive homes that cost more to rebuild or replace are seeing rates higher in the $1,486 per year range. We can help you review which insurance company is best based on price, savings and most of all coverage options. Let us help you shop rates today!

These rates are for a standard homeowners insurance policy, which covers not only the structure of your home but also your contents and other detached structures on your property. In addition, all of our homeowner policies offer liability coverage in case someone is injured on your property as well as medical payments and loss of use coverage.

Insurance can be complicated and confusing but we will be with you every step of the way to help explain the various coverages and answer any questions you may have about your new insurance policy. We can also help identify other risks that may exist around your house, as an example, flood risk. If it turns out your house is in a high-risk area for flooding, we can help you find an affordable flood insurance policy.

For additional help, please visit our homeowners insurance blog for helpful articles, tips and customer related questions.

Compare Homeowners Insurance Rates in Waterbury, CT!

Enter your Zip Code:    

Get up to 12 competitive Waterbury, CT homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Waterbury, CT rates all in one place!

Average Rates Nearby Waterbury

Are you looking for homeowners insurance in a city near Waterbury? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Waterbury, CT

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Waterbury.

06702,     06704,     06705,     06706,     06708,     06710,     

Waterbury, CT Home Insurance Average Premiums

Local Waterbury, CT home insurance quotes comparison

$936 /yr.

Shows Waterbury's lowest average rates with discounts applied.

For the city of Waterbury, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)		$936 /yr.
Average Coverage:$1186 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1486 /yr.

What is the average home insurance cost for a home in Waterbury, CT?

  • • The average homeowners insurance premium paid annually for a home in Waterbury is around $1186 per year.

What does it cost on average per month for home insurance in Waterbury, CT?

  • • Homeowners in Waterbury pay an average cost per month around $99.00 for insurance coverage.

Waterbury, CT Coastal Wind, Hail & Flood Information

Waterbury is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.

Flood Zone Notice: The beautiful coastal city of Waterbury is know for it's beautiful beaches and waterways. Because New Haven County (FIPS: 9009) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Waterbury, CT.

Waterbury, CT - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $214,227 $187,255
February $215,582 $192,806
March $217,246 $198,824
April $217,967 $203,478

Homeowners insurance will help cover the cost to repair or replace your Waterbury home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

  • Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Waterbury
  • Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
  • Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
  • Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
  • Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Enter your Zip Code:    

Get up to 12 competitive Waterbury, CT homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Waterbury, CT rates all in one place!

Saving Money Tips on Waterbury Home Insurance

A great way to save money on Waterbury homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

  • Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
  • Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
  • Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
  • Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Waterbury area? Check out what homeowners are paying on average for Connecticut homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation Details Homeowners Tips
494 ft. This is the average home elevation in Waterbury, CT

» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Waterbury, Connecticut.

A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home.

Call Now for Flood Insurance Quotes: 888-620-1954!

Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy.

It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

To get online quotes on your home and compare rates on home insurance premiums in Waterbury, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in New Haven County.

Connecticut Homeowners Insurance News & Information

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]

  • I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024

    According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]

  • How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024

    Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm.  Understanding the different coverages that are available to homeowners is key to making sure you […]

  • Homeowners Shopping Rates Due to Rise in Premiums Posted on Monday 23rd September, 2024

    According to the recently released J.D. Power 2024 U.S. Home Insurance Study a nationwide rise in premiums has driven many customers to shop for new policies as their rates are now too high.  “’The average shopping rate among home insurance customers has climbed to a record high of 6.8% through the second quarter of 2024, […]

  • Where is it cheaper to rent than to buy a home in the United States? Posted on Thursday 5th September, 2024

    According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

Waterbury, CT Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Waterbury so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Waterbury, CT?

- The average square footage in Waterbury is around 719 Sq. Ft. which would cost you around $125,767 to replace the home if you base the home on the price to build per square foot of $175.

Minimum Replacement Cost Total: $125,767

Location: Waterbury, Connecticut (New Haven County)

Average Building Cost Per Square Foot in Waterbury: $175 (low end)

Average Square Footage in Waterbury: 719 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$175$125,767
Some Additional Upgrades$219$157,208
Major Home Updates or Advancements$263$188,650

The dwelling coverage is calculated by the average cost per square foot ($175) in Waterbury, Connecticut times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $546,875 (Media price to build of $219 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.