Groton, CT homeowners insurance is roughly $728 to $990, about $60-$82/month. Our exhaustive analysis indicates shoppers can save upto $343 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Groton, CT | Homeowners Insurance Agency Near Groton, CT | Address |
|---|---|---|
| Travelers | Bentsen-Combies Ins Inc | 631 MAIN ST, EAST GREENWICH, RI, 2818 |
| Travelers | J J Fishbein Inc | 21 NORTH MAIN ST, WALLINGFORD, CT, 6492 |
| Travelers | Penny-Hanley & Howley Co Inc | 52 MAIN ST, STAFFORD SPRINGS, CT, 6076 |
| Travelers | Sheldon-Hutchinson Ins. Inc. | 130 N MAIN ST, WALLINGFORD, CT, 6492 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Long Hill CDP, Connecticut | $125 | $166 | $249 |
| Poquonock Bridge CDP, Connecticut | $125 | $166 | $249 |
| Noank CDP, Connecticut | $135 | $180 | $270 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Groton, CT | 3.8% | 10.0% |
| Long Hill | 3.85% | 10.15% |
| Poquonock Bridge | 4.95% | 17.29% |
| Noank | 2.99% | 8.55% |
| Groton Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 249 | 3.0% | $338 |
| $200 to $299 | 304 | 4.0% | $788 |
| $300 to $499 | 391 | 5.0% | $1238 |
| $500 to $749 | 391 | 5.0% | $1913 |
| $750 to $999 | 1,552 | 21.0% | $2663 |
| $1,000 to $1,499 | 3,022 | 40.0% | $3788 |
| $1,500 or more | 1,476 | 19.0% | $5438 |
| Streets in Groton Area | Homeowners Insurance Cost |
|---|---|
| Edgecomb St, Essex St, Russell St, Harbor Ct, Gravel St, Red Oak Rd, Tom St, Potter St, State Hwy 349, Mirra Dr | $897 |
| Erie Ln, Warner St, Division St, Dewey Ave, Pleasant Valley Rd N, Plymouth Ave S, Raleigh Ct, Crown Knoll Ct, Haley Farm Ln, Heather Glen Ln | $841 |
| Paulson Rd, Pelican Dr, Mumford Ave, Bass Dr, Ensign Dr, Nicholas Ave, Cross St, Cormorant Rd, C St, Hart St | $841 |
| Fieldside Dr, Monument St, Bayside Ave, Payer Ln, Hunley Cir, Nautilus Rd, Colony Rd, Laurelwood Rd, Sylvan St, Mohegan Rd | $957 |
| Cottage Pl, Windham Rd, Jefferson Dr, Buddington Rd, Lambtown Rd, Patricks Ct, Gallup St, Leafwood Ln, Academy Ln, Ring Dr | $852 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Groton | $128 to $131 |
| Long Hill | $124 |
| Noank | $135 |
| Groton Long Point | $152 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,100 | $5,100 |
| Yearly Groton Homeowner Insurance Premium Example | $4,600 | $3,600 |
| Out of Pocket Expense During Claim | $1,100 | $5,100 |
| Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim | $24,100 | $23,100 |
| Net Savings to Groton Home Owner from High Deductible Plan | $1,000 | |
| Scenario | Groton, CT Home Replacement Value MORE than Home Value | Groton, CT Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $235,500 | $175,500 |
| Insurance Premium based on Replacement Value | $2,475 | $1,850 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $38,500 | Risk Exposure from Under Insuring Coverage is $21,500 |
| Premium Impact | Insurance cheaper by $225/year | Insurance costlier by $400/year |
| Insurance Company | GEICO Insurance | Chubb Group of Insurance | State Farm |
| Monthly Premium | 99 | 206 | 118 |
| Year Built | 1948 | 1973 | 1994 |
| Home Details | 2 Beds, 1 Baths | 5 Beds, 2 Baths | 3 Beds, 1 Baths |
| Coverage Amount | $150000-$175000 | $250000-$300000 | $200000-$250000 |
| Deductible | $500- $1000 Deductible | $500 Deductible | $2500-$5000 Deductible |