Average homeowners insurance cost in Rutland, VT

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The average cost of homeowners insurance in Rutland is $1,213 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1000 deductible), based on Insure.com’s rate data analysis. It’s $1,369 less than the national average of $2,582.

However, homeowners insurance rates can vary drastically from one home to another. Home insurance rates in Rutland depend on a number of factors, including:

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

To make sure you are getting the best deal on home insurance, it is important to get quotes from multiple insurers to find the right coverage for your needs. Read this guide to know how much homeowners insurance cost per month in Rutland, home insurance cost for different dwelling coverage, also know which companies offer cheap home insurance in Rutland.

In this guide, we will explain everything from what coverage options are available to which companies have the cheapest rates for homeowners insurance in Rutland.

Key takeaways

The average cost of homeowners insurance in Rutland is $1,213 per year.
Allstate is the cheapest homeowners insurance company in Rutland with an average annual premium of $732.
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $290 more a year for home insurance.

Average homeowners insurance cost in Rutland per month

Rutland homeowners pay an average of $101 a month, based on our rate analysis. It’s $3 less than the state average of $104 and $114 less than the national average for home insurance across the United States. The price of your homeowners insurance policy in Rutland may vary depending on where you live, the value of your home, and the coverage you choose.

Average homeowners insurance cost for a $200,000 house in Rutland

In Rutland, VT, homeowners pay an average of $923 annually for a $200,000 house. The amount you pay for home insurance each year depends on factors such as – natural disasters or events within your locality.

Some regions are more at risk for natural disasters, like floods, hurricanes, or tornadoes, implying higher rebuilding rates in these areas are higher, resulting in higher insurance premiums. It’s essential to note that your insurance policy might not cover damages caused by floods or hurricanes. If you reside in an area prone to flooding, consider buying flood insurance.

Average homeowners insurance cost for a $300,000 house in Rutland

Based on a rate analysis conducted by Insure.com, Rutland residents pay an average of $1,213 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. If you plan to increase your dwelling coverage from $200,000 to $300,000, you must pay an additional $290 per year for home insurance.

Buying adequate insurance to cover the entire expense of rebuilding your home is best advisable. However, the amount of dwelling coverage you need may vary depending on your home’s size, amenities, and the cost of living in your area.

Average homeowners insurance cost in Rutland by company

Among the carriers analyzed, Allstate is the most affordable homeowners insurance company in Rutland, offering an average annual rate of $732.

Vermont Mutual ranks second, while Auto-Owners holds the third spot with an average annual rate of $817.

Researching a company thoroughly before selecting a homeowners insurance policy is essential. Insure.com has meticulously reviewed all insurance companies operating in Rutland and compiled a list of the most affordable options.

Below are the details of home insurance companies in Rutland and their average annual premiums.

Home Insurance Company	Annual rate
Allstate	$732
Vermont Mutual	$732
Auto-Owners	$817
Co-operative Insurance	$1,214
Union Mutual	$1,343
Farmers	$1,869
Travelers	$2,318
State Farm	$1,368
USAA*	$1,010

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Rutland for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.