Popular Questions about Homeowners Insurance in Vermont

Vermont's average annual home insurance premium is $918, which is less expensive than the national figure of $1,211 per year. If you're looking for exact costs, you'll need to obtain a qualified home insurance quote from a licensed professional.

Each homeowners policy will come standard with dwelling value, other structures, personal property, liability, medical payments, and additional living expense coverage. These limits will be tailored to your specifications and protect against common losses like fire, theft, vandalism, and natural disasters.

In Vermont, you aren't required by law to carry homeowners insurance. However, if you have a mortgage or lender they will mandate proof of coverage in order to obtain a loan. Vermont has had $75.8 million paid in home claims in one year, which makes having the right protection vital to avoid out-of-pocket expenses.

Your Vermont home insurance rates are calculated by carriers using the following risk factors:

  • Replacement cost of property
  • Coverages selected
  • Past claims reported
  • Local crime rates
  • Natural disaster risks
  • Flood zoning

Every state has licensed carriers who may be able to help with your homeowners insurance coverage. In Vermont, Safeco, Progressive, Travelers, and Stillwater insurance companies come highly rated. These markets are known for their quick claims service and broad coverage selection.

Yes, Vermont has 107 independent insurance agencies in existence. Each can help you find homeowners insurance that's sufficient and affordable. Since they work with numerous markets, you'll get the best options in town.

Do You Know What Your Vermont Home Insurance Covers?

Find the Best Homeowners Insurance in Your City

How does your city measure up to the national average?

National average burglary rate 3.76 per 1,000 people

National average home value $269,000

National average home insurance cost $1,211 year

CityAvg. home valueBurglaries / 1,000 homesAnnual insurance cost
Essex Junction$353,3512.69$911
South Burlington$430,7432.64$992
  1. $81
  2. Burlington, VT Monthly average home insurance cost
  3. Average monthly cost of home insurance in Burlington: $81
  4. This average rate can only give you a general idea of how much your actual coverage will cost. There is a wide range of homes and home values in the city of Burlington, so there is also a wide range of assessed rates. Insurance companies consider your home’s size, value, and location, as well as factors like your claims history and credit score, when they calculate your rates. 
  5. This city sometimes sees torrential downpours, particularly during hurricane season. However, it is important to be aware that while homeowners insurance covers damage caused by high winds, lightning strikes, and rain falling onto your house, it does not cover against the flood damage that often accompanies these storms. Since many Burlington residents are in danger of experiencing large financial losses due to flooding, it is important to supplement your homeowners insurance with a flood insurance policy through the National Flood Insurance Program (NFIP).

  1. $82
  2. Essex, VT Monthly average home insurance cost
  3. Average monthly cost of home insurance in Essex: $82
  4. Of course, not all Essex property owners will pay the same amount for their home insurance coverage. Your monthly rate is based on the crime and weather risks in your ZIP code, the age, size and value of your home, the building materials used in your house’s construction, the amount of coverage you want, your claims history, and more.
  5. Hailstorms in the Essex area, while not particularly frequent, still have the potential to cause significant damage to local homes. Hailstones that exceed one inch in diameter can damage roofs, gutters, siding, windows, and peripheral property like garages and sheds. One of the most damaging hailstorms to strike in the area occurred in nearby Westford in 2009, when hailstones measured as much as three inches in diameter. Fortunately, damage caused by these storms is covered by homeowners insurance.

  1. $77
  2. Colchester, VT Monthly average home insurance cost
  3. Average monthly cost of home insurance in Colchester: $77
  4. Homeowners insurance rates in can vary from one property owner to the next. Your actual rate will be based on factors like the size, value, and location of your home, the materials used in its construction, and the crime rate and weather risks in the ZIP code in which your property is located.
  5. One of the most common hazards faced by homeowners in Colchester is severe winter storms. Heavy snows can cause the formation of damaging ice dams on your roof, and freezing temperatures can lead to burst pipes in your home. Fortunately, your homeowners insurance covers against property loss and damage to your home if heavy snows or freezing temperatures are to blame.

  1. $67
  2. Rutland, VT Monthly average home insurance cost
  3. Average monthly cost of home insurance in Rutland: $67
  4. Of course, what you may actually be asked to pay is likely to differ from this average amount because rates are based on specific details about you and your property. Your rate will be calculated according to factors like the size and age of your house, the materials used in its construction, the crime rate and weather risks in your ZIP code, your claims history, and sometimes even your credit score. 
  5. Because it is situated on the western slope of the Green Mountains, the city of Rutland is particularly susceptible to windstorms. In May 2017, the area was clobbered by winds of up to 74 mph. Trees were uprooted, power was knocked out for many residents, and many houses were damaged. Fortunately, homeowners insurance can provide the funds necessary to repair and replace damaged property following a windstorm.

  1. $68
  2. Bennington, VT Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance in Bennington: $68
  4. Your house is not the same as every other house in your neighborhood. While you and your neighbors may face the same crime and weather risks, your homeowners insurance premium is also based on factors like the size, age, and value of your home, the number of people living in it, the amount of liability coverage you want, and the size of your deductible. Your quoted rate for Bennington homeowners insurance may therefore be higher or lower than the city average.
  5. One of the most devastating things a homeowner can experience is a house fire. A fire can do more than just damage the structure of your house, it can also lead to the total loss of your personal belongings. Homeowners insurance can’t bring back your irreplaceable sentimental property, but it can give you peace of mind through financial compensation. You will want to be sure that your dwelling coverage is high enough to enable you to rebuild a home of comparable size and that your contents coverage is high enough to cover the cost of replacing your lost or damaged property.