Key Takeaways
- Allstate has the cheapest average homeowners insurance rate in Vermont, at $51 a month.
- The average home insurance rate in Vermont is 27% cheaper than the national average.
Vermont residents find the cheapest homeowners insurance with Allstate, which charges an average monthly rate of $51 a month.
Standard home insurance policies tend to be similar from company to company. This means that comparing quotes often comes down to comparing cost and customer satisfaction. We put together this guide to help you navigate the best home insurance companies in Vermont to help get you the best coverage at the cheapest price.
In this article
Vermont's cheapest home insurance companies
Allstate has the lowest rate for homeowners insurance in Vermont, at an average of $51 a month. Auto-Owners has the second-cheapest average premium of $57 a month.
| Company | Average monthly rate |
|---|---|
| Allstate | $51 |
| Auto-Owners | $57 |
| Vermont Mutual | $59 |
| Union Mutual | $92 |
| State Farm | $99 |
| United | $108 |
| Travelers | $346 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
How much does home insurance cost in Vermont?
The average cost of homeowners insurance in Vermont is $1,389 a year, or $115 a month. This is 27% lower than the national average home insurance rate of $190.
Home insurance companies look at different factors when calculating a quote for you. These include:
- The age of the home
- Construction materials
- Replacement cost of the home
- Weather trends
- Your insurance history
All standard home insurance policies tend to offer the same types of coverage, regardless of the insurer. The reason you see different costs from different insurance companies for what can amount to the same coverage is because providers put different weights on different risk factors.
For example, one company may consider the age of your home to be a higher risk than another, and charge a higher rate because of it. For this reason, the best way to find the best homeowners insurance policy at the best price is to compare quotes from multiple providers.
See how much you could save on homeowners insurance
The deductible you choose will also affect your premium. The higher your deductible, the cheaper your rate. The following table breaks down the average annual home insurance premium in Vermont compared to common deductible choices.
| Deductible | Average annual rate |
|---|---|
| $500 | $1,364 |
| $1,000 | $1,263 |
| $1,500 | $1,195 |
| $2,000 | $1,111 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Your policy's dwelling coverage amount impacts your rate, too. As a rule, you want to purchase enough dwelling coverage to pay for a complete rebuild if your home is a total loss. When calculating your dwelling coverage limit, you only need to consider the rebuild cost of the house, not the total property value.
The table below shows the average home insurance rate in Vermont based on different dwelling coverage limits.
| Coverage limit | Average annual rate |
|---|---|
| $200,000 | $1,091 |
| $350,000 | $1,468 |
| $425,000 | $1,690 |
| $500,000 | $1,930 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Vermont's best home insurance companies
Of the largest homeowners insurance companies in Vermont, Allstate is the best overall and Vermont Mutual offers the best local service.
Allstate: Best overall
Allstate has the cheapest average home insurance rate in Vermont at $51 a month. This is 56% lower than the state average rate of $116 a month. Allstate also offers the best variety of home insurance discounts to possibly bring your rates even lower. They include:
- Multipolicy discount: Bundling your home insurance policy with auto or life insurance through Allstate can help you save up to 25% on your premiums.
- Early signing discount: Get a new home insurance policy seven days or more before your current policy expires and save up to 10% .
- Welcome and loyalty discount: Save 10% on your home insurance when you switch to Allstate. This discount stays active as long as you have your policy with Allstate.
- Claim-free discount: If you sign on with Allstate and have no recent claims on your homeowners insurance, you can save up to 20%.
- Easy pay discount: Save 5% on your home insurance by signing up for Allstate's automatic payment service.
Vermont Mutual: Best regional provider
Vermont Mutual has one of the cheapest home insurance rates in the state, charging an average of $59 a month. It is also a great choice if you're looking for an insurer local to you.
Founded in 1828, Vermont Mutual takes care of over 300,000 policyholders in the Northeast. They have been rated "A+ Superior" by AM Best for financial strength, and have been in the Ward Top 50 performing property and casualty insurance for the past 13 consecutive years.
Satisfaction ratings for home insurance companies in Vermont
What you pay for home insurance is a prime point of concern for many, but how an insurer treats its policyholders is important, too. Of the biggest insurance companies in Vermont, State Farm has the highest property claims rating of 880 out of 1,000 in J.D. Power's Property Claims Satisfaction Study. The higher the rating, the better.
| Company | Claim satisfaction rating |
|---|---|
| Allstate | 868 |
| Auto-Owners | 853 |
| Vermont Mutual | NA |
| Union Mutual | NA |
| State Farm | 880 |
| United | NA |
| Travelers | 867 |
| Source: J.D. Power Property Claims Satisfaction Study | |
The J.D. Power U.S. Property Claims Satisfaction Study measures policyholder satisfaction with their home insurer's claims experience by examining factors such as settlement, claim servicing, and estimation and repair processes.
The complaint ratings of Vermont home insurance companies
Traveler's Complaint Index rating of 0.02 is the best score of the biggest home insurance providers in Vermont.
| Company | Complaint Index rating |
|---|---|
| Allstate | 0.33 |
| Auto-Owners | 0.16 |
| Vermont Mutual | NA |
| Union Mutual | NA |
| State Farm | 0.35 |
| United | NA |
| Travelers | 0.02 |
| Source: National Association of Insurance Commissioners (2023) | |
The NAIC Complaint Index rates policyholders' claim-based complaints filed with state insurance departments in comparison to other insurers of similar size. The lower the index, the better.
Cheapest home insurance in Vermont by city
Of Vermont's 10 biggest cities, Essex Junction has the most affordable homeowners insurance rate, at an average $1,197 a year. Colchester has the highest average rate, $1,425 a year.
| City | Average annual rate |
|---|---|
| Essex Junction | $1,197 |
| Burlington | $1,201 |
| Williston | $1,213 |
| South Burlington | $1,221 |
| Rutland | $1,273 |
| Milton | $1,274 |
| Bennington | $1,309 |
| Middlebury | $1,309 |
| Brattleboro | $1,322 |
| Colchester | $1,425 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Get cheap home insurance in Vermont today
Cheapest home insurance in Essex Junction
Essex Junction homeowners get the most affordable premium with Vermont Mutual, at an average of $592 a year. Auto-Owners has the second-cheapest rate, averaging $644 a year.
| Company | Average annual rate |
|---|---|
| Vermont Mutual | $592 |
| Auto-Owners | $644 |
| Allstate | $772 |
| Union Mutual | $954 |
| State Farm | $1,005 |
| United | $1,239 |
| Travelers | $3,175 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Cheapest home insurance in Burlington
Burlington homeowners get the cheapest rate with Vermont Mutual, charging $592 a year, on average. Auto-Owners is the second-cheapest company, at $666 a year.
| Company | Annual average rate |
|---|---|
| Vermont Mutual | $592 |
| Auto-Owners | $666 |
| Allstate | $762 |
| United | $954 |
| State Farm | $989 |
| Union Mutual | $1,239 |
| Travelers | $3,204 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Cheapest home insurance in Williston
Vermont Mutual has the cheapest home insurance rates for St. Williston residents, at an average of $592 a year. Auto-Owners comes in second at $632 a year.
| Company | Average annual rate |
|---|---|
| Vermont Mutual | $592 |
| Auto-Owners | $632 |
| Allstate | $641 |
| Union Mutual | $954 |
| State Farm | $1,111 |
| United | $1,239 |
| Travelers | $3,321 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Cheapest home insurance in Vermont by county
Chittenden County residents have the cheapest average homeowners insurance rate of $1,312 a year among Vermont's latest counties. Caledonia County has the most expensive average rate of $1,458 annually.
| County | Average annual rate |
|---|---|
| Chittenden | $1,312 |
| Addison | $1,349 |
| Washington | $1,352 |
| Bennington | $1,366 |
| Rutland | $1,373 |
| Franklin | $1,388 |
| Windsor | $1,393 |
| Windham | $1,398 |
| Orange | $1,401 |
| Caledonia | $1,458 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Frequently asked questions
The average cost of homeowners insurance in Vermont is $1,389 a year, or $115 a month. This is 27% lower than the U.S. average.
Allstate has the lowest rate for homeowners insurance in Vermont, at an average of $51 a month. Auto-Owners has the state's second-cheapest average premium of $57 a month. Vermont Mutual is third at $59 a month.
Methodology
We collected quotes from every ZIP code in Vermont for a standard HO-3 homeowners insurance policy using the following coverages:
- $275,000 dwelling (unless otherwise noted)
- $27,500 other structures
- $137,500 personal property
- $55,000 loss of use
- $100,000 liability
- $5,000 medical payments
- $1,000 deductible (unless otherwise noted)
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