Average homeowners insurance cost in Vermont

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Whether you’re a new homeowner or looking to buy insurance for your current home, securing the right homeowners’ insurance is crucial. Rates may vary depending on your insurance company and the coverage limits you choose.

According to Insure.com’s data analysis, the average cost of homeowners insurance in Vermont is $1,247 a year.

Continue reading to learn more about homeowners insurance rates in Vermont by ZIP code and insurer.

Key Takeaways

Homeowners insurance costs an average of $1,247 a year, based on Insure.com analysis.
Of all the ZIP codes in Vermont, 5404 has the most affordable home insurance rates at around $1,104 annually.
In Vermont, Vermont Mutual provides the most affordable home insurance at an average annual premium of $701.

Average home insurance cost in Vermont by coverage level

In Vermont, the annual homeowners insurance cost is $1,247, on average for the limits of $100,000 in liability, $300,000 in dwelling coverage and a $1000 deductible.

Increasing your dwelling coverage from $300,000 to $400,000 will raise your annual homeowners insurance premium to $1,538 in Vermont, with $100,000 in liability protection and a $1,000 deductible. Below are the average costs for homeowners insurance in Vermont based on dwelling coverage limits of $300,000, $400,000, and $500,000.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$958	$80
$200,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$974	$81
$300,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$1,247	$104
$300,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$1,263	$105
$400,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$1,538	$128
$400,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$1,555	$130
$600,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$2,129	$177
$600,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$2,147	$179
$1,000,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$3,379	$282
$1,000,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$3,399	$283

In Vermont, homeowners insurance companies set rates by assessing various risk factors. Your location, claims history, credit history and coverage limit all affect your premium.

If multiple claims have been filed in your neighborhood over the past few years, you’ll likely face higher home insurance rates than areas with fewer claims. Your credit score can also play a role in determining your home insurance costs.

According to S&P Global Market Intelligence’s RateWatch application, the average homeowners insurance premium for owner-occupied homes nationwide increased by over 11% in 2023.

Best homeowners insurance companies in Vermont

Before purchasing homeowners insurance, it’s important to compare rates and explore your options. Several factors play a role in choosing the best homeowners insurance company for your specific needs.

We evaluated insurance companies in Vermont based on their NAIC scores and AM Best ratings to create a list of the top homeowners insurance providers in the state. Our findings show that Vermont Mutual received the lowest NAIC score and A+ rating from AM Best. A lower NAIC score indicates fewer complaints relative to the company’s size, suggesting higher customer satisfaction.

Company	Average annual premium	AM Best rating	NAIC Complaint Index	Overall score
Vermont Mutual	$701	A+	0.07	5
Auto-Owners	$789	A++	0.33	4.66
Union Mutual	$1,211	A-	0.32	4.22
Allstate	$755	A+	0.9	3.8
State Farm	$1,248	A++	0.95	3.54
Travelers	$3,004	A++	0.54	3.17
Farmers	$1,840	A	0.54	3.01

Average homeowners insurance cost by company in Vermont

Vermont Mutual has the cheapest homeowners insurance rates in Vermont. Its average annual cost for Vermont homeowners is $701. Allstate and Auto-Owners also offer affordable insurance.

By comparing homeowners insurance rates, you could save hundreds, if not thousands, of dollars annually.

The table below shows the average annual and monthly insurance rates for homeowners in Vermont with $300,000 in dwelling coverage, $100,000 in liability coverage, and a $1,000 deductible.

Company	Average annual rate	Average monthly rate
Vermont Mutual	$701	$58
Allstate	$755	$63
Auto-Owners	$789	$66
Union Mutual	$1,211	$101
Co-operative Insurance Companies	$1,214	$101
State Farm	$1,248	$104
Farmers	$1,840	$153
Travelers	$3,004	$250
USAA*	$1,008	$84

*USAA is only available to military community members and their families.

Vermont homeowners insurance rates by ZIP code

In Vermont, insurance companies evaluate the risk associated with specific locations to determine premiums. ZIP codes with higher crime rates or a history of natural disasters are often considered high-risk, resulting in higher insurance premiums. Additionally, the cost of rebuilding or repairing homes in a particular ZIP code can influence your price for a homeowners insurance policy.

Shop around and compare quotes from different insurance companies to find the best home insurance rates in Vermont. Also, remember to inquire about any discounts, such as bundling policies or smart home discounts, to help lower your premium.

Most affordable ZIP codes for home insurance rates in Vermont

Not every area in Vermont has the same home insurance cost. How much you pay for homeowners insurance in Vermont depends on many factors, including your ZIP code. Our data shows that 5404 ZIP has low-cost home insurance rates in Vermont, at about $1,104 a year or $92 monthly.

Below you can find homeowners insurance rates for some of the most affordable ZIP codes in Vermont.

ZIP code	Average annual rate	Average monthly rate
5404	$1,104	$92
5452	$1,124	$94
5408	$1,127	$94
5403	$1,128	$94
5446	$1,129	$94
5641	$1,138	$95
5405	$1,142	$95
5465	$1,153	$96
5676	$1,157	$96
5494	$1,158	$96

Most expensive ZIP codes for home insurance rates in Vermont

Your ZIP code plays a significant role in determining the cost of your homeowners insurance. In Vermont, some areas face higher premiums due to factors like high crime rates, greater risk of natural disasters and higher living expenses.

In Vermont, 5750 has the highest homeowners insurance rates, at $1,427 per year.

Here, we’ve highlighted some of the most expensive ZIP codes in Vermont for homeowners insurance:

ZIP code	Average annual rate	Average monthly rate
5750	$1,427	$119
5741	$1,425	$119
5745	$1,421	$118
5159	$1,420	$118
5746	$1,402	$117
5059	$1,400	$117
5823	$1,399	$117
5662	$1,391	$116
5054	$1,389	$116
5485	$1,388	$116

Home insurance rate trend in Vermont

We analyzed home insurance rate trends in Vermont and found that homeowners insurance rates experienced an overall increase of 8% or $89, from 2022 to 2023.

The following data highlights the changes in homeowners insurance rates since 2019.

2019 rates	2022 rates	2023 rates
$912	$1,158	$1,247

Finding the right homeowners insurance requires thorough research and comparing rates from different insurers, as each has its own way of assessing risk. By gathering quotes from at least three companies, you can increase your chances of getting the most affordable coverage in Vermont.

Resources & methodology

Source

S&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed September 2024.

Methodology

Insure.com worked with Quadrant Information Service to get homeowners insurance data. We analyzed 20,739,560 insurance quotes from 82 national and regional insurance companies across 34,588 ZIP codes to determine the average premiums.

The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:

$300,000 dwelling coverage
$100,000 liability protection
$1000 deductible

We have taken into account 3 important factors such as average annual cost, NAIC score and AM Best rating, to determine the list of best homeowners insurance companies. The quoted insurance rates are for comparison purposes, and your individual rates may vary.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.