New Hampshire Homeowners Pay Some of the Lowest Insurance Costs In The Country

New Hampshire homeowners continue to pay some of the lowest insurance costs in the nation.

While premiums have soared in coastal states along the Gulf of Mexico and wildfire-prone areas of the West, new data from the U.S. Census Bureau and the Realtor.com® 2025 Climate Risk Report show that New Hampshire households remain relatively insulated from these national affordability challenges.

New Hampshire’s Insurance Costs Stay Affordable

According to the American Community Survey (ACS) data from the U.S. Census Bureau , New Hampshire homeowners with a mortgage typically pay $1,000–$1,499 annually for homeowners insurance, while those without a mortgage average the same $1,000–$1,499. Overall statewide costs also fall into the $1,000–$1,499 range.

New Hampshire has 414,145 insured homeowner households in total—250,792 with a mortgage and 163,353 without. Among mortgaged owners, 18,790 pay less than $100 annually and 10,210 pay $4,000 or more. Among those without a mortgage, 22,541 pay less than $100 and 4,774 pay $4,000 or more.

Compared with nearby states, New Hampshire remains affordable. Maine homeowners with a mortgage typically pay $1,000–$1,499, but those without average even less at $800–$999. Vermont is similar to New Hampshire, with mortgaged households paying $1,000–$1,499. By contrast, Massachusetts homeowners with a mortgage average $1,500–$1,999, while Rhode Island falls into the same higher range. Connecticut is also more expensive, with mortgaged owners paying $1,500–$1,999. This places New Hampshire among the most affordable New England states for homeowners insurance.

Climate Risks Across the Region

The Realtor.com 2025 Climate Risk Report highlights how climate-exposed metros face the steepest insurance burdens. Miami, FL homeowners lead the nation, with average annual premiums of $22,718, or 3.7% of median home value. Florida metros such as Cape Coral, Sarasota, and Tampa also rank among the most expensive.

New Hampshire does not appear in the report’s rankings of metros with the steepest insurance burdens or the most extreme flood, hurricane, or wildfire risks. While the state faces seasonal hazards like winter storms and localized flooding, these risks have not significantly impacted statewide premiums. For now, New Hampshire’s climate exposure is relatively moderate compared to the high-risk coastal and Western states.

A National Affordability Challenge

Even though New Hampshire homeowners enjoy relatively low costs, affordability remains a growing concern nationwide. The Realtor.com 2025 Insurance Affordability Report found that 75% of Americans believe homeowners insurance could soon become unaffordable, while nearly half of respondents said they had already faced difficulties obtaining or renewing coverage.

These affordability concerns are reshaping housing decisions across the country. Nearly 30% of homebuyers said they had completely changed their search areas due to insurance challenges, while another quarter said they had overhauled their strategies altogether. Even more worrisome, 58% of homeowners said they would consider dropping insurance entirely if premiums rose too high, with Gen Z homeowners the most likely to take that risk.

For New Hampshire households, relatively low premiums provide a strong affordability advantage. Still, as climate risks increase nationwide, the state could face new pressures that may raise costs in the years ahead.

This article was produced with editorial input from Dina Sartore-Bodo, Gabriella Iannetta, and Allaire Conte.