New London, CT homeowners insurance is roughly $712 to $967, about $59-$80/month. Our detailed research indicates shoppers can save as much as $335 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near New London, CT | Homeowners Insurance Agency Near New London, CT | Address |
|---|---|---|
| Travelers | All In 1 Insurance | 8 CLIFFMOUNT DR, BLOOMFIELD, CT, 6002 |
| Allstate | James Tucker | 711 Quaker Ln, West Warwick, RI, 2893 |
| Liberty Mutual Independent | Underwriters Insurance Agency Inc | 60 WASHINGTON AVE STE 101, HAMDEN, CT, 6518 |
| Allstate | Wanda Phillippe | 775 Silver Ln, East Hartford, CT, 6118 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Long Hill CDP, Connecticut | $104 | $139 | $208 |
| Waterford town, New London County, Connecticut | $108 | $144 | $216 |
| Groton town, New London County, Connecticut | $107 | $143 | $214 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| New London, CT | 4.0% | 9.7% |
| Long Hill | 3.85% | 10.15% |
| Waterford | 3.65% | 10.16% |
| Groton | 3.82% | 9.96% |
| New London Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 221 | 3.0% | $347 |
| $200 to $299 | 330 | 5.0% | $797 |
| $300 to $499 | 384 | 5.0% | $1247 |
| $500 to $749 | 990 | 15.0% | $1922 |
| $750 to $999 | 2,258 | 35.0% | $2672 |
| $1,000 to $1,499 | 1,869 | 29.0% | $3797 |
| $1,500 or more | 365 | 5.0% | $5447 |
| Streets in New London Area | Homeowners Insurance Cost |
|---|---|
| Summit Ave, Sparyard St, 10th St, Davis Farm Way, Sunset St, State Hwy 635, Waller St, Margaret St, Pequot Ave, Lewis St | $837 |
| Henry St, Friendship St, Cole St, Steward St, Thomas Griffin Rd, Prest St, Nautilus Dr, Riverside Heights Rd, Faire Harbour Pl, Town Hill Ct | $830 |
| Granite St, Wightman St, Highland Ave, Manwaring St, Aitchison Dr, Georgiana St, Lodus Ct, Beech Dr, Norwood Ave, Worthington Rd | $860 |
| Robinson St, McDonald St, Alger Pl, Fern St, Winthrop St, Michael Rd, Walden Ave, Hope St, Henderson Rd, Carroll Ct | $830 |
| Gallows Ln, Ray St, Willetts Ave, Elliott Ave, Willetts Ave, Hobron St, Brainard St, Ocean Ave, Ashcraft Rd, Eastern Ave | $834 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| New London | $125 to $128 |
| Long Hill | $124 |
| Waterford | $130 |
| Groton | $128 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $800 | $1,800 |
| Yearly New London Homeowner Insurance Premium Example | $2,700 | $1,700 |
| Out of Pocket Expense During Claim | $800 | $1,800 |
| Total Home Insurance Premium for 2 years + Out of Pocket Expense for Claim | $6,200 | $5,200 |
| Net Savings to New London Home Owner from High Deductible Plan | $1,000 | |
| Scenario | New London, CT Home Replacement Value MORE than Home Value | New London, CT Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $207,500 | $130,000 |
| Insurance Premium based on Replacement Value | $2,375 | $1,500 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $50,500 | Risk Exposure from Under Insuring Coverage is $27,000 |
| Premium Impact | Insurance cheaper by $300/year | Insurance costlier by $575/year |
| Insurance Company | Amica Mutual Insurance Company | Farmers Insurance | State Farm |
| Monthly Premium | 64 | 128 | 177 |
| Year Built | 1961 | 1986 | 1970 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $100000-$125000 | $150000-$175000 | $200000-$250000 |
| Deductible | $2500-$5000 Deductible | $1000-$2500 Deductible | $500- $1000 Deductible |