September 9, 2025
New Hampshire homeowners enjoy some of the nation’s lowest insurance rates, but winter weather, floods, and older homes create key coverage challenges in 2025.
New Hampshire homeowners benefit from some of the more affordable homeowners insurance rates in the nation, with average annual premiums notably below the national average. However, the state's unique weather patterns, older housing stock, and geographical features present specific challenges that property owners must understand when securing adequate coverage.
This analysis is based on current market data and regulatory information as of 2024-2025. Individual rates may vary based on specific property characteristics, location, and coverage needs. Homeowners should consult with licensed insurance professionals for personalized advice.
New Hampshire homeowners typically pay an average of $1,002 to $1,185 annually for homeowners insurance, which represents approximately 44% less than the national average of $2,110. This places the Granite State among the more affordable markets for homeowners insurance in the United States.
New Hampshire's home insurance premiums rank as the sixth most affordable for home insurance in the U.S., at approximately 61% below the national average according to recent industry data. The state's relatively lower risk profile compared to disaster prone regions contributes to these favorable rates.
Despite the favorable positioning, New Hampshire has experienced rate pressures similar to national trends affecting insurance costs. Between 2018 and 2023, the average cost increased 17.9%, though this increase was modest compared to the national average of 33.8% during the same period.
Looking ahead to 2025, New Hampshire is projected to see one of the smaller rate increases, with industry projections showing approximately a 3 percent increase to an estimated $1,608, making it among the more stable markets in terms of rate growth.
New Hampshire's harsh winters present unique challenges that homeowners must address in their insurance coverage:
Ice Dams and Roof Damage: Ice dams form when snow on your roof melts and runs into eaves and gutters, refreezes, and creates a ridge of ice that can cause water to pool and seep into your roof and walls. Many homeowners insurance policies cover damage from ice dams under a "sudden and accidental" clause, but coverage for removal is typically excluded as it's considered preventative.
Frozen Pipes: Each winter, Granite Staters face costly damage and potential insurance claim challenges from burst pipes caused by extreme cold. The New Hampshire Insurance Department notes that while many homeowners insurance policies provide coverage for water damage resulting from a "sudden and accidental" burst pipe, this coverage often depends on homeowners taking reasonable precautions.
Despite being an inland state, New Hampshire faces notable flood risks. According to state data, flooding represents the most common disaster in New Hampshire, with flood events occurring since at least 1740 when the first recorded flood occurred in the Merrimack River basin area. Between 2005 and 2013, New Hampshire experienced a flood related disaster every year except 2009.
NFIP Flood Insurance: The average annual cost of flood insurance in the state is approximately $1,000, or around $92 a month. According to FEMA data, as little as one inch of flood water can cause up to $25,000 in damage, making flood insurance an important consideration even for properties in moderate risk areas.
Many New Hampshire homes are older constructions that may require updates to meet current insurance standards. Carriers may require updates to electrical, plumbing, or roofing systems for eligibility, particularly for homes with outdated infrastructure.
Unlike many states, New Hampshire does not operate a FAIR Plan for high risk properties. This means homeowners with properties that standard insurers consider high risk may need to seek coverage through surplus or non-admitted markets, which can be more expensive and offer less consumer protection.
New Hampshire has specific regulations governing policy cancellations and non-renewals:
Please note: The following requirements are based on current state regulations and may be subject to change. Consult your insurance provider or the New Hampshire Insurance Department for the most current requirements.
The following table compares average annual rates across New Hampshire and its neighboring states:
Rates shown are industry averages and individual quotes may vary significantly based on property characteristics, coverage levels, and other factors.
Source: Based on $250K dwelling coverage, compiled from NerdWallet and MoneyGeek rates
New Hampshire falls in the middle of regional comparisons, with rates higher than Vermont and Maine but notably lower than Massachusetts rates. This positioning reflects the state's balanced risk profile: lower than coastal Massachusetts but with somewhat different risk factors than its more rural northern neighbors.
According to 2025 industry analysis, Vermont Mutual ranked highest among New Hampshire homeowners insurers based on rates, complaints, and financial stability, with an overall rating of 4.75 and offering coverage at $757 a year for $300,000 dwelling coverage. Other highly rated carriers in the state include:
For mortgage servicers and their customers navigating New Hampshire's homeowners insurance market, partnering with specialized insurance services can help improve the customer experience while reducing operational costs. Covered provides warm transfer solutions that help servicers connect borrowers with qualified insurance professionals who understand the state's unique requirements. This approach can reduce call center volume while helping customers explore coverage options tailored to New Hampshire's specific risks like winter weather damage and flood exposure, potentially leading to better protected properties and more satisfied borrowers.
New Hampshire's homeowners insurance market has shown relative stability and continues to rank among the more affordable markets in the nation. However, homeowners should remain aware of the state's particular risk factors, particularly winter weather hazards and flood risks. The combination of competitive rates, regulatory oversight, and a competitive marketplace provides consumers with options for protecting their property investments.
With evolving climate patterns and changing weather events becoming more common, maintaining appropriate coverage while taking preventive steps to protect properties remains important for New Hampshire homeowners in 2025 and beyond.
This article provides general information about New Hampshire’s homeowners insurance market based on available industry data as of 2025. Individual circumstances vary significantly, and premium quotes, coverage options, and policy terms differ by insurance company. Consumers should consult with licensed insurance professionals for specific coverage recommendations and current pricing. Information presented should not be considered as guaranteed outcomes or personalized insurance advice.
Hours of Operation
7 AM to 8 PM CDT
Closed
Closed
Call Us
833-487-2683
*Savings claim based upon averaging actual anonymized savings data for dwelling-only insurance rates paid (from July 2023 - June 2024) by customers of two of Covered’s largest mortgage industry partners across twenty-seven (27) US states. Bundles and non-dwelling insurance coverages were excluded.
† Net Promoter Score (“NPS”)® calculation averages post-purchase customer satisfaction surveys from 9/24/2024 - 2/28/2025. NPS® is a market research metric measuring customer satisfaction with a scoring calculation that incorporates both detractor and promoter customer feedback.
Quotes are presented solely for your convenience. Savings may vary. Rates are subject to change based upon the specific coverage you select and other factors that apply to your situation. CA License #0M81402, doing business as Cubbard Insurance Solutions in California.
