New Canaan Insurance Rates:
New Canaan, CT homeowners insurance is about $941 to $1,270, about $78-$105/month. Our complete research shows customers can save as much as $442 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Compare Quotes from Top Providers and Save now!
Home Insurance Companies in New Canaan, CT: Customer-Reviewed Options
Top Home Insurance Agents Near New Canaan, CT
| Home Insurance Company Near New Canaan, CT |
Homeowners Insurance Agency Near New Canaan, CT |
Address |
| Travelers |
Bogle Agency Insurance |
200 STUYVESANT AVE, LYNDHURST, NJ, 7071 |
| Travelers |
Coverage Administrators Inc |
9 EAST 37TH ST 5TH FL, NEW YORK, NY, 10016 |
| Travelers |
Elvis H Telleria |
246 WESTCHESTER AVENUE, PORT CHESTER, NY, 10573 |
| Travelers |
Lloyds Planning Service Llc |
501 FIFTH AVE STE 602, NEW YORK, NY, 10017 |
New Canaan, CT Auto & Homeowners Insurance Bundling Discounts
| Place |
1 Car Bundle Savings On Insurance |
2 Car Bundle Savings On Insurance |
3 Car Bundle Savings On Insurance |
| Scotts Corners CDP, New York |
$92 |
$122 |
$183 |
| Wilton town, Fairfield County, Connecticut |
$131 |
$174 |
$261 |
| Cannondale CDP, Connecticut |
$113 |
$151 |
$226 |
New Canaan, CT Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
| New Canaan, CT | 2.3% | 9.2% |
| Wilton Center | 2.85% | 8.7% |
| Wilton | 2.18% | 8.72% |
| Pound Ridge | 1.56% | 6.24% |
New Canaan Renters Insurance as a Percentage of Rent
| New Canaan Home By Monthly Rent |
Total Homes |
% of Total |
Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|
| $200 to $299 |
60 |
4.0% |
$679 |
| $300 to $499 |
102 |
8.0% |
$1129 |
| $500 to $749 |
58 |
4.0% |
$1804 |
| $750 to $999 |
75 |
6.0% |
$2554 |
| $1,000 to $1,499 |
140 |
11.0% |
$3679 |
| $1,500 or more |
772 |
63.0% |
$5329 |
New Canaan, CT Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible |
|---|
| Deductible | $700 | $4,700 |
| Yearly New Canaan Homeowner Insurance Premium Example | $8,500 | $7,500 |
| Out of Pocket Expense During Claim | $700 | $4,700 |
| Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim |
$43,200 | $42,200 |
| Net Savings to New Canaan Home Owner from High Deductible Plan |
$1,000 |
New Canaan, CT Home Insurance Costs With Home Replacement Value Scenarios
| Scenario |
New Canaan, CT Home Replacement Value MORE than Home Value |
New Canaan, CT Home Replacement Value LESS than Home Value |
| Replacement Value |
$1,110,000 |
$820,000 |
| Insurance Premium based on Replacement Value |
$12,650 |
$9,350 |
| Risk Exposure from Under Insuring Coverage |
Unnecessary Home Insurance Coverage of $180,000 |
Risk Exposure from Under Insuring Coverage is $110,000 |
| Premium Impact |
Insurance cheaper by $1,250/year |
Insurance costlier by $2,050/year |
Example New Canaan Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company |
Amica Mutual Insurance Company | State Farm | Chubb Group of Insurance |
| Monthly Premium |
637 | 580 | 467 |
| Year Built |
1978 | 1962 | 1949 |
| Home Details |
3 Beds, 2 Baths | 4 Beds, 3 Baths | 5 Beds, 2 Baths |
| Coverage Amount |
$800000-$900000 | More than 10000000 | More than 10000000 |
| Deductible |
$500 Deductible | $5000 to $10,000 Deductible | > $10,000 Deductible |