Bridgeport ,CT Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Bridgeport, CT homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Bridgeport, CT is $1577. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Bridgeport, CT. VHome Insurance will help you navigate the world of homeowners insurance coverages in Bridgeport, CT.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $631 |
| $200,000 | $1,072 |
| $300,000 | $1,325 |
| $400,000 | $2,019 |
| $500,000 | $2,539 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Bridgeport, CT, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,617 |
| $1000 Deductible | $1,446 |
| $1500 Deductible | $1,364 |
| $2500 Deductible | $1,230 |
| $5000 Deductible | $1,041 |
| Home Insurance Company Near Bridgeport, CT | Homeowners Insurance Agency Near Bridgeport, CT | Address |
|---|---|---|
| Travelers | Ion Insurance Corporation | 24 Cherry St., Naugatuck, CT, 6770 |
| Nationwide | Joann P. Belfiore | 36A Padanaram Rd, Danbury, CT, 06811-4824 |
| State Farm | Joe Plante | 142 Queen St, Southington, CT, 06489-2011 |
| Travelers | Robert Alan Agency Inc | 280 MAIN ST, CORNWALL, NY, 12518 |
| State Farm | Tony Ardise | 45 Route 25A, East Setauket, NY, 11733-2821 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Stratford CDP, Connecticut | $130 | $173 | $260 |
| Fairfield town, Fairfield County, Connecticut | $146 | $194 | $291 |
| Trumbull CDP, Connecticut | $137 | $183 | $275 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Bridgeport, CT | 3.4% | 8.3% |
| Stratford | 3.28% | 8.15% |
| Fairfield | 2.45% | 8.1% |
| Trumbull | 2.6% | 7.63% |
| Bridgeport Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 1,026 | 3.0% | $345 |
| $200 to $299 | 1,366 | 4.0% | $795 |
| $300 to $499 | 2,000 | 7.0% | $1245 |
| $500 to $749 | 2,815 | 9.0% | $1920 |
| $750 to $999 | 5,760 | 20.0% | $2670 |
| $1,000 to $1,499 | 10,932 | 38.0% | $3795 |
| $1,500 or more | 4,293 | 15.0% | $5445 |
| Streets in Bridgeport Area | Homeowners Insurance Cost |
|---|---|
| Roger Williams Rd, W Liberty St, Huron St, Bailey St, Bostwick Ave, Lillian Dr, Myron Ave, Kiefer St, Ranch Dr, Buena Way | $903 |
| Shelton St, Flower St, Wheeler Ave, Burton Ave, Waterview Ave, Indian Ave, Beverly Pl, Merchant St, Royce Pl, Sequoia Rd | $834 |
| Dale St, Cleveland Ave, Eaton St, Lynne Pl, Albion St, Perronette Dr, Sidney St, Country Ln, Davenport St, Dover St | $862 |
| Ochsner Pl, Admiral St, Vine St, Little Deer Rd, Island Brook Ave, Linda Dr, Minturn Pl, McKinley Ave, Granfield Ave, Brewster St | $847 |
| Jennifer Dr, Middlebrooks Ave, Ruth St, Beechwood Ave, White Oak Rd, Cartright St, Laurel Pl, Columbus Pl, Brooks St, Berkshire Ave | $829 |
| Beardsley St, Evers Ct, Hazel Ave, Ezra St, Rennell St, Mountford St, Elmwood Ave, Calhoun Pl, Remer St, Scott Ln | $803 |
| Washington Ter, Hallock St, Dewhirst St, Evers St, Taylor Dr, Sullivan Pl, Tina Cir, Wallace Ct, Vincellette St, Calvert Pl | $835 |
| N Bishop Ave, Somers St, Hazelwood Ave, Logan St, Turner St, Powell Pl, Wall St, Vincellette St, Taits Mill Rd, Forestview Rd | $852 |
| Clarkson St, Arcadia Ave, Dekalb Ave, Unquowa Hill St, Indian Ave Exd, Anchorage Dr, Scott St, Singer Ave, Minturn Rd, Columbia Ct | $852 |
| Canaan Rd, Central Ave, Connecticut Tpke, Madison Ter, Midland St, Chalmers Ave, Merriam St, Pembroke St, Gibson Ave, Lombard Ct | $899 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Bridgeport | $126 to $128 |
| Stratford | $129 |
| Fairfield | $145 |
| Trumbull | $137 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $600 | $1,600 |
| Yearly Bridgeport Homeowner Insurance Premium Example | $4,000 | $3,500 |
| Out of Pocket Expense During Claim | $600 | $1,600 |
| Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim | $20,600 | $19,100 |
| Net Savings to Bridgeport Home Owner from High Deductible Plan | $1,500 | |
| Scenario | Bridgeport, CT Home Replacement Value MORE than Home Value | Bridgeport, CT Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $278,500 | $219,500 |
| Insurance Premium based on Replacement Value | $2,475 | $1,950 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $27,000 | Risk Exposure from Under Insuring Coverage is $32,000 |
| Premium Impact | Insurance cheaper by $275/year | Insurance costlier by $250/year |
| Insurance Company | Travelers | Chubb Group of Insurance | GEICO Insurance |
| Monthly Premium | 92 | 139 | 183 |
| Year Built | 1953 | 1989 | 1969 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $125000-$150000 | $175000-$200000 | $250000-$300000 |
| Deductible | $2500-$5000 Deductible | $500 Deductible | $500 Deductible |