Home Home insurance Renters insurance Renters insurance cost Vermont Essex Junction, VT Average renters insurance cost in Essex Junction, VT View Carriers Please enter valid zip Compare top carriers in your area Written by Insure.com's Editor | Posted on: November 1, 2023 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. The average cost of renters insurance in Essex Junction, VT is $157 per year (for insurance coverage of $40,000 in personal property coverage, $100,000 in liability coverage, and $1000 as deductible) — that’s $9 less than the state average of $166 a year.It can be higher or lower depending on the coverage options you choose and the amount of liability the policy provides. If you live in a rented apartment or home, you should consider buying renters insurance because it protects your personal belongings from damage caused due to covered peril such as fire or smoke damage, theft, vandalism, and other mishaps. We did a thorough analysis of renters insurance companies to find the most affordable options for Essex Junction renters. Keep reading to find out the cheapest renters insurance companies in Essex Junction.What is the average cost of renters insurance per month in Essex Junction?On average, the cost of renters insurance in Essex Junction is $13 a month. Renters in Essex Junction pay these rates for the coverage limit of $40,000 personal property coverage, $1,000 deductible and $100,000 liability protection coverage.The renters insurance rates vary by city depending on your insurance provider and the coverage limits you decide. For example, renters in Essex Junction pay $11 per month for personal property coverage of $20,000 and $1,000 deductible. However, if you decide to increase the personal property coverage limit to $40,000, you will pay $2 more than for renters insurance.Now, you’ll have to decide how much coverage you need and how much you can afford. However, it is recommended, if your personal belongings consist of expensive jewelry, furniture, and electronics, you should choose higher coverage limits.How much is average renters insurance in Essex Junction by deductible?The renters insurance cost in Essex Junction is $133 per year for a $500 deductible and $20,000 as personal property coverage. A deductible is an amount you agree to pay before your insurance company kicks in. If you increase your deductible limit, your insurance cost will go down. For instance, if the personal property coverage is the same, i.e., $20,000, but you increase your deductible limit from $500 to $1,000, you will pay $5 less every year for insurance.Below are the renters insurance rates for different personal property coverage and deductible amount.Deductible$20,000 personal property$40,000 personal property$60,000 personal property$500$133$167$217$1,000$128$157$198Note: These rates are specifically for the coverage of $100,000 liability protection.Read our guide to know what does renters insurance cover.Who offers cheap renters insurance in Essex Junction?Your search for the cheapest renters insurance company ends here.Vermont Mutual offers the cheapest renters insurance in Essex Junction at about $100 a year or $8 per month. According to Insure.com data analysis, State Farm ranks second on our list followed by Frankenmuth Insurance.Our experts at Insure.com evaluated renters insurance quotes from all the big and small insurance companies in Essex Junction and put together a list of the most affordable insurance carriers. Below are the average annual and monthly rates of the cheap renters insurance companies across Essex Junction, VT.(Note: USAA offers insurance only to members of the military, veterans and their immediate families.)Renters insurance providerAverage annual rateAverage monthly rateVermont Mutual$100$8State Farm$138$12Frankenmuth Insurance$140$12Union Mutual$144$12MMG Insurance$150$13Co-operative Insurance$161$13Auto-Owners$189$16Travelers$289$24MethodologyInsure.com, with the help of Quadrant Information Services, gathered data for renters insurance rates in Essex Junction, VT, for $40,000 personal property coverage, $100,000 liability coverage, and a $1000 deductible. How much is renters insurance in other citiesBarreBurlingtonRutlandSouth Burlington In case you missed it What is HO-6 condo insurance and how much does it cost? Average homeowners insurance cost by ZIP code in 2024 What is dwelling coverage and how much do you need? Personal liability insurance: What it is and why you need it Renters insurance quotes: Compare rates Hurricanes and home insurance: How hurricane insurance works How replacement cost coverage works when you file a claim How much do claims increase home insurance rates? Mobile home insurance cost and coverage in 2024 Homeowners insurance basics Home Insurance Advisor Cheapest homeowners insurance in 2024 How much flood insurance do I need? How to bundle home and auto insurance policies to save money The largest home insurance companies by market share Home insurance discounts for cheaper rates How much does dog liability insurance cost and do you need it? Do you have an emergency go-bag? Most Americans don’t 1/1 Related Articles How to calculate your home’s replacement cost By Nupur Gambhir How much do claims increase home insurance rates? By Les Masterson What is dwelling coverage and how much do you need? By Lena Borrelli Condo insurance calculator: Estimate the cost of coverage By Jessica Olson Average homeowners insurance cost by ZIP code in 2024 By Barry Eitel How to find a homeowners insurance policy By Shivani Gite On this page What is the average cost of renters insurance per month in Essex Junction?How much is average renters insurance in Essex Junction by deductible?Who offers cheap renters insurance in Essex Junction?Methodology ZIP Code Please enter valid ZIP See rates