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

The average cost of homeowners insurance in Vermont is $1,247 per year for the coverage limits of $300,000 dwelling coverage and $100,000 liability with a $1,000 deductible.

However, if you increase the dwelling coverage limit from $300,000 to $400,000, you will pay $1,538 per year for homeowners insurance in Vermont for $100,000 in liability protection and $1,000 deductible. Below, you can find the average cost of homeowners insurance in Vermont for dwelling coverage 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

Homeowners insurance companies in Vermont decide rates based on risk. They consider your location, claims history, credit history and coverage limit when calculating premiums.

If your neighborhood has seen many claims over the past few years, you can expect to pay higher home insurance rates than an area with few to no 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

It’s always wise to shop around and compare prices before you buy homeowners insurance. There are many factors that go into deciding the best homeowners insurance company.

We have compared the insurers in Vermont using their NAIC score and AM Best rating and compiled a list of the best homeowners insurance in Vermont. Based on the analysis, 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 offers the most affordable homeowners insurance in Vermont, at an average annual premium of $701, followed by Allstate and Auto-Owners.

You can save hundreds — if not thousands — of dollars each year if you shop around for homeowners insurance.

Here are the average annual and monthly insurance rates for Vermont homeowners for a policy with $300,000 dwelling coverage and $100,000 liability protection with 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

Insurance companies in Vermont assess the risk associated with a specific location. ZIP codes prone to higher crime rates or frequent natural disasters are often classified as high-risk areas, which can lead to increased insurance premiums. The cost of rebuilding or repairing homes in a specific ZIP code can also impact how much you pay for a homeowners insurance policy.

Make sure you shop around and compare quotes from various insurance companies to get the best deal on homeowners insurance rates in Vermont. Don’t forget to ask about any available discounts, such as bundling policies or a smart home discount.

Most affordable ZIP codes for home insurance rates in Vermont

Homeowners insurance costs in Vermont can vary widely by location, with your ZIP code being a key factor in determining your rate. Based on our data, the the 5404 area has the most affordable insurance rates, at $1,104 annually or $92 monthly.

Below are the homeowners insurance rates for 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 below data shows how much homeowners insurance rates have changed since 2019.

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

To find the right homeowners insurance, research thoroughly and compare costs from multiple insurers, as they assess risk differently. Getting quotes from at least three companies helps ensure you get 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.