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Last updated on May 19, 2020

The Best New Hampshire Homeowners Insurance Company

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New Hampshire’s average annual premiums for homeowners insurance are right in line with the national average — $941 per year for an HO-3 policy, compared to $1,173 nationwide. That said, how much you’ll pay can vary a lot depending on your home’s size, your assets, and your address. Use our tool to find your best rates:

Heads up: Coverage and pricing vary.

Find the Best Home Insurance

Our top choice for the best homeowners insurance company in New Hampshire is State Farm. This choice was based on factors including customer service, premium cost, policy offerings, and discounts. 

Other providers who made our list include Allstate, National Grange Mutual Insurance Company (NGM), USAA, and Metropolitan Insurance. Below we have provided additional insight on why these providers were selected.   

The 5 Best Homeowners Insurance Companies in New Hampshire

  1. State Farm
  2. Allstate
  3. National Grange Mutual (NGM) Insurance Company
  4. USAA
  5. Metropolitan Insurance
 State FarmAllstateNGM Insurance CompanyUSAAMetropolitan Insurance

Our reviewOur reviewOur review
AM Best Financial Strength RatingA++A+AA++A+
J.D. Power Overall Customer Satisfaction Score (Relevant region)4/53/5NA5/52/5
Online Quote ToolXX

Compare rates Compare rates Compare rates Compare rates Compare rates

Average Cost of Homeowners Insurance in New Hampshire

According to the Insurance Information Institute, the average premium for homeowners insurance in New Hampshire is $972, which is well below the national average of $1,211. 

Just keep in mind that there are many factors that determine the cost of a premium, some of which include:

  • Age, size, location, and construction or condition of the home
  • Type of heating
  • Type of Policy
  • Discounts
  • Deductible
  • Credit score 

Lastly, the insurance provider can affect the price of insurance. Each company has its own specific algorithm to determine what customers will pay for a policy. 

For that reason, homeowners may see a cost difference between two companies for the exact same coverage.

Home Insurance add-ons that will further protect you

In addition to coverages provided in a standard policy, these add-ons provide additional coverage New Hampshire homeowners may find beneficial because of climate and other factors.

Flood Insurance

New Hampshire is no stranger to harsh winters, whose adverse effects on homes include flooding. In fact, the New Hampshire Department of Safety found that every year, some areas of the state experience flash flooding, main stem river flooding, coastal flooding, or a combination of all three.

To see if your home is at danger of future flooding, input your address into a FEMA flood map. If it is, we recommend you strongly consider purchasing flood insurance through the NFIP

Sewage and Water Backup Add-on

There can be a fine line between flooding and sewage and water backup coverage. You will want to talk with your agent to understand the differences between the two as every provider has different stipulations. 

Well and Septic Add-on

Similar to sewage and water backup, damage from well and septic incidents is typically excluded from flood coverage. This add-on can provide additional peace of mind in the event of water damage from well and septic.

Other Structures Add-on

Your home isn’t the only thing that could be damaged from storms and flooding. If you have any barns, sheds, garages, lampposts, or fences, these structures, too, could be severely affected by weather swings.

Most companies do not protect additional structures in the main policy, and so additional protection must be purchased separately.  

Helpful Resources for New Hampshire Homeowners

The New Hampshire Insurance Department has a variety of resources for homeowners. For example, you can find information on disaster preparedness, a flood and storm section, a premium rate comparison guide, and an FAQ section.    

Apply Online or In-Person

This depends on your comfort level. Most insurance needs can be taken care of entirely online; however, if you have a lot of questions it may be to your benefit to speak with an agent in-person.

Just be sure to ask about the add-ons discussed above, so that you can understand the specific parameters for each. Some add-ons may be redundant or unnecessary. 

Required Materials for Application

About the only thing you’ll need is information. If you still have your home inspection report, it will be able to help you answer many of the questions you’ll be asked. 

If you’ve done a lot of work since you bought the home, however, you may need to provide the following details:

  • What work has been done
  • How much you spent
  • What materials were used
  • Whether or not you used a licensed contractor

Time Considerations

If you’re waiting to close on your home, you don’t have an indefinite amount of time to shop around. If you’re using a lender, they will require that you have an insurance policy in place before it will allow closing to take place. 

Be mindful in all circumstances not to leave any gaps in coverage or you will likely face fines or penalties, and keep your lender and involved parties up-to-date with any changes in coverage or provider. 


To determine the best homeowners insurance providers in New Hampshire, we first looked at each company’s market share in the state. We then analyzed the largest providers’ AM Best and J.D. Power ratings. Both AM and J.D. are indicative of the type of service homeowners can expect to receive. 

Next, we compared:

  • Average premium cost
  • Policy offerings
  • Discount opportunities
  • Claims against the company
  • Tech savviness (online resources, mobile app, etc.)
  • Better Business Bureau rating (though most insurance companies are not fully accredited by the BBB— they’ve been graded but they’re not accredited)

Best New Hampshire Homeowners Insurance Companies

State Farm

State Farm
State Farm


  • Strong mobile app
  • Below average rates
  • Multiple discounts
  • Superior financial rating


  • Average customer satisfaction ratings

State Farm has a mobile app with high reviews, which is unusual for an insurance company, in addition to a superior financial rating with AM Best. It also ranks #1 on our list because compared to the rest of the state, State Farm has below average annual premiums. 

One downside with State Farm is that it only has average customer satisfaction ratings.  




  • Offers a mobile app
  • Numerous ways to save on your premium
  • Great pool of resources and tools for members


  • Average customer reviews

Allstate ranks in our top providers as it represents a true modern insurance company. It has a fully functioning mobile app, a strong web presence, and a plethora of tools and resources for its members. The only real negative is that Allstate only has average customer reviews (which is somewhat to be expected based on the company’s size).

National Grange Mutual (NGM) Insurance Company

National Grange Mutual
National Grange Mutual


  • Very low rates
  • Low complaints


  • Not ranked by J.D. Power

NGM has the lowest average rates in all of New Hampshire, which merits it a place among our top picks. It has received few complaints overall, but NGM’s score with the Better Business Bureau is not very outstanding. The company has also not yet received an official rating from J.D. Power.




  • Multiple discounts
  • Variety of policy offerings and add-ons
  • Member-owned and pays dividends


  • Only available to current and former military, as well as their immediate family

If you are eligible to get insurance through USAA, put USAA on your short list. It’s a modern, military-friendly company, with a variety of online tools and resources and numerous discount options, not to mention competitive premiums. As membership is limited to active or former military and their family members, eligibility is the critical drawback to this provider for some New Hampshire homeowners. 

Metropolitan Insurance

Metropolitan Insurance
Metropolitan Insurance


  • Website offers a variety of tools and online resources
  • Easy to bundle and save


  • No online claim filing option
  • Subpar customer satisfaction

Metropolitan Insurance modern, up-to-date website that is packed to the brim with tools and resources for members. Metropolitan also makes it easy to bundle different services so you can save big on your annual premium. 

There are two detractions with this company, however. There’s no option to file a claim online, and the company receives subpar customer satisfaction reviews from J.D. Power, which indicates difficulty and frustration with claims.

The Cheapest Homeowner Insurance Companies In New Hampshire

Homeowner  Insurance CompaniesAverage Annual Premium
NGM Insurance Company$296
Northern Security Insurance Company Inc.$557
Vermont Mutual Insurance Company$557
Metropolitan Insurance$559
Garrison Property and Casualty Insurance Company$650
Preferred Mutual Insurance Company$697
State Farm$730
Concord General Mutual Insurance Company$742
Safety Insurance Company$768
MMG Insurance Company$1,158

Homeowner Insurance by Age of Home

Age of  HomeAverage Annual Premium
Average Across Ages$841

Quadrant home insurance rate data as of  12/01/2019. 

Top 3 Cheapest Homeowner Insurance Companies in New Hampshire

  • NGM Insurance Company – $296
  • Northern Security Insurance Company Inc.- $557
  • Vermont Mutual Insurance Company- $557

Top 3 Most Expensive Homeowner Insurance Companies in New Hampshire

  • MMG Insurance Company – $1,158
  • Amica- $839
  • Allstate- $771

The cheapest homeowners insurance provider in New Hampshire based on averages is NGM Insurance Company, with an average annual premium of $296. The most expensive is Metropolitan Insurance with an average annual premium of $1,158. However, these numbers are only based on averages. To get a more accurate quote, you will need to contact each company directly. 

Homeowners Insurance FAQ

Is homeowners insurance required in New Hampshire?

Although homeowners insurance is not legally required in New Hampshire, if you have a mortgage, your lender will most likely require you to have it while you are still making payments. In fact, you will need a policy in place before your lender will even allow you to close on the home. 

What is the cheapest homeowners insurance in New Hampshire?

The cheapest homeowners insurance provider in New Hampshire is currently NGM (also known as National Grange Mutual Insurance Company.

Who are the cheapest providers in New Hampshire?

The cheapest providers in New Hampshire are NGM (National Grange Mutual Insurance Company), Northern Security Insurance Company Inc., and Vermont Mutual Insurance Company. 

About the Authors

Lauren Ward

Lauren Ward Contributing Writer

Lauren Ward is a personal finance writer who regularly covers consumer insurance products. Her work has appeared in a variety of online publications, including Bankrate and The Simple Dollar. She graduated from Georgetown University with a BA in Japanese.