Waterbury ,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 Waterbury, 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 Waterbury, CT is $1548. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Waterbury, CT. VHome Insurance will help you navigate the world of homeowners insurance coverages in Waterbury, CT.
Coverage Level | Average Annual Premium |
---|---|
$100,000 | $619 |
$200,000 | $1,053 |
$300,000 | $1,300 |
$400,000 | $1,981 |
$500,000 | $2,492 |
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 Waterbury, CT, and how to choose the right one for your needs.
Deductible Level | Average Annual Premium |
---|---|
$500 Deductible | $1,587 |
$1000 Deductible | $1,420 |
$1500 Deductible | $1,339 |
$2500 Deductible | $1,207 |
$5000 Deductible | $1,022 |
Home Insurance Company Near Waterbury, CT | Homeowners Insurance Agency Near Waterbury, CT | Address |
---|---|---|
NA | Roy J. Lenzo | 333 Route 25A Suite 150 , Rocky Point, NY, 11778 |
NA | Jewell Professional Insurance, Llc | 1436, Berlin, CT, 6037 |
NA | J. W. Pray Insurance Agency, Inc | 592 Route 22, Pawling, NY, 12564 |
NA | Tierney Insurance Agency Inc | 16 North Elm Street, Westfield, MA, 1085 |
Travelers | Ion Insurance Corporation | 24 Cherry St., Naugatuck, CT, 6770 |
Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
---|---|---|---|
Oakville CDP, Connecticut | $106 | $141 | $212 |
Wolcott town, New Haven County, Connecticut | $107 | $143 | $214 |
Naugatuck borough, Connecticut | $106 | $141 | $211 |
Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
---|---|---|
Waterbury, CT | 4.1% | 8.9% |
Oakville | 3.71% | 11.28% |
Wolcott | 3.7% | 9.78% |
Naugatuck | 3.84% | 8.87% |
Waterbury Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
---|---|---|---|
Less than $200 | 907 | 4.0% | $352 |
$200 to $299 | 882 | 4.0% | $802 |
$300 to $499 | 1,269 | 6.0% | $1252 |
$500 to $749 | 3,914 | 19.0% | $1927 |
$750 to $999 | 6,618 | 32.0% | $2677 |
$1,000 to $1,499 | 6,090 | 29.0% | $3802 |
$1,500 or more | 903 | 4.0% | $5452 |
Streets in Waterbury Area | Homeowners Insurance Cost |
---|---|
Dallas Ave, Quarry Hill Rd, Merry St, Hidden Pond Dr, Sagamore Ave, Proctor St, Grilleytown Rd, Monterey St, Twining Ave, Sunnybrook Bend | $825 |
Craftwood Rd, Regency Hill, Garden Hill Cir, S Oak St, Howard St, Alder St, Wayridge Cir, W Liberty St, Sharon Rd, Fairway Ln | $815 |
Crosswinds Ln, Elise Dr, Boland Dr, Stowe Rd, Houston St, Malmalick Ave, Seymour St, Pullen Ave, Mapleridge Dr, Santa Maria Dr | $828 |
Sandland Pl, Nina Ct, Barrington Ln, Rumford St, Maynard Ave, Bagley Ter, Rosemount Ave, N Leonard St, Parkland Ave, Denver Pl | $813 |
Cronin Dr, Seymour St, Donald Ter, Junior St, Bonnie Ln, Yeaton St, Ridgeland Dr, Madison St, Alpine Ave, Lakewood Rd | $826 |
Delhurst Dr, Columbia Blvd, Fairfield Ave, Rockhurst Dr, Blake St, Saddle Rock Rd, Laval St, Over St, Wesley St, Ives St | $833 |
Mill Plain Ave, W Grove St, Valley View Dr, Brendan St, Essex Ave, Randall Pl, Golden Hill St, Hotchkiss St, Cables Ave, Wooster Ave | $827 |
Truman Ave, Acra Rd, Dracut St, Campfield Rd, Pineridge Rd, Wayland Ave, Hereford Ave, Marion Ave, Chase Pkwy, Grove Ct | $844 |
Willowledge Cir, Eastfield Rd, Southmayd Rd, Field St, Wigwam Ave, Chipman St, Harpers Ferry Rd, Roseland Ave, Arnold St, Reidville Dr | $825 |
Clearview St, Brewery St, Sharon Rd, Tompkins St, Westport Dr, E Farm St, Brigham St, Holmes Ave, Simsbury St, Ferro Rd | $820 |
Place | Savings For Senior Occupied Homes |
---|---|
Waterbury | $123 to $126 |
Oakville | $127 |
Wolcott | $128 |
Naugatuck | $126 |
Low Deductible | High Deductible | |
---|---|---|
Deductible | $600 | $2,600 |
Yearly Waterbury Homeowner Insurance Premium Example | $1,500 | $1,000 |
Out of Pocket Expense During Claim | $600 | $2,600 |
Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim | $8,100 | $7,600 |
Net Savings to Waterbury Home Owner from High Deductible Plan | $500 |
Scenario | Waterbury, CT Home Replacement Value MORE than Home Value | Waterbury, CT Home Replacement Value LESS than Home Value |
---|---|---|
Replacement Value | $214,000 | $160,500 |
Insurance Premium based on Replacement Value | $2,075 | $1,550 |
Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $18,000 | Risk Exposure from Under Insuring Coverage is $35,500 |
Premium Impact | Insurance cheaper by $350/year | Insurance costlier by $175/year |
Insurance Company | Travelers | State Farm | GEICO Insurance |
Monthly Premium | 107 | 124 | 128 |
Year Built | 1942 | 1988 | 1997 |
Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 1 Baths |
Coverage Amount | $175000-$200000 | $175000-$200000 | $250000-$300000 |
Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible | $5000 to $10,000 Deductible |