Best homeowners insurance in Vermont (2024)

We looked at average costs, customer service ratings, and policy options from multiple top insurers to find the best and cheapest home insurance companies in Vermont.

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By

Andrew HurstSenior Editor & Licensed Auto Insurance ExpertAndrew Hurst is a senior editor and a licensed auto insurance expert at Policygenius. His work has also been featured in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin, and Property Casualty 360.

Edited by

Pat HowardPat HowardManaging Editor & Licensed Home Insurance ExpertPat Howard is a licensed insurance expert and managing editor at Policygenius. Pat has written extensively about the home insurance industry and his insights as a subject matter expert have appeared in several top tier publications, including The New York Times, The Wall Street Journal, CNBC, and Reuters. Pat has a bachelor's degree in journalism from Michigan State University.
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Reviewed by

Britta M. MossBritta M. MossProperty & casualty claim consultant and expert witnessBritta M. Moss, CPCU, SCLA, AIC-M, has over 25 years of insurance industry experience. In her work as a property and casualty claim consultant, she provides consultation and expert witness services in claim handling standards, practices, and norms.  She has been retained by law firms representing plaintiffs and those representing insurer defendants involved in disputes or litigation regarding coverage analysis, investigation, liability determination, damage evaluation, negotiation and settlement.  She is a graduate of The Ohio State University. 

Updated|4 min read

Expert reviewedExpert reviewedThis article has been reviewed by a member of ourFinancial Review Council to ensure all sources, statistics, and claims meet the highest standard for accurate and unbiased advice.Learn more about oureditorial review process.

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Vermont’s frosty winters and year-round cool weather can make home improvement projects difficult and lead to further problems if issues aren’t fixed timely, so homeowners need a good home insurance plan to protect their investment.

The average cost of homeowners insurance in Vermont is $865 per year or $72 a month. This is about half as cheap as the national average of $1,754.

Compare home insurance rates in Vermont

However, the cost isn’t the only factor to consider when choosing a home insurance company. Not sure what to look for? Policygenius can help you figure out your coverage needs and compare quotes from multiple top companies in Vermont.

Methodology & why you can trust our rates

Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:

  • Dwelling: $300,000

  • Other structures: $30,000

  • Personal property: $150,000

  • Loss of use: $60,000

  • Liability: $300,000

  • Medical: $1,000

All rates based on the above coverage limits except where otherwise noted.

Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.

Compare the best homeowners insurance companies in Vermont

According to our analysis, Auto-OwnersState FarmFarmers, and Allstate are the best homeowners insurance companies in Vermont.

Policygenius analyzed thousands of quotes the largest Vermont insurers to find the average cost of homeowners insurance at each company. We then looked at J.D. Power customer satisfaction scores and compared that with the coverage needs of the state's residents to find the best homeowners insurance in Vermont.

Company

Average monthly cost

Policygenius rating

Auto-Owners Insurance

$43

5.0 out of 5

State Farm

$93

4.8 out of 5

Farmers

$96

4.5 out of 5

Allstate

$67

4.4 out of 5

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2024 Policygenius award winner

Auto-Owners Insurance

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starFull orange star

5.0

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A++

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Offers extended replacement cost

Offers flood insurance

Why we chose itchevron icon

Auto-Owners Insurance is the best homeowners insurance company in Vermont thanks to its cheap rates, coverage options, its high marks for financial strength, and its customer experience ratings.

Pros and conschevron icon

Pros

  • Much cheaper rates than average in Vermont

  • Offers additional coverage options

  • Lots of discounts

Cons

  • Not able to get quotes or file claims online

More detailschevron icon

Why we chose it

Auto-Owners Insurance is our pick for the best overall home insurance company in Vermont. For one, home insurance coverage from Auto-Owners costs $350 less than average per year — and the company offers a range of discounts you can use to lower your rates even more.

With endorsements like guaranteed replacement cost coverage, water backup protection, inland flood coverage, and a comprehensive Homeowners Plus endorsement package, Auto-Owners offers many ways to customize your policy.

How much does Auto-Owners home insurance cost in Vermont?

The average cost of Auto-Owners home insurance in Vermont is $515 per year, which is 40% cheaper than the statewide average.

How to get a quote

To get a homeowners insurance quote, you’ll have to call a local Auto-Owners Insurance agent. 

award icon

2024 Policygenius award winner

State Farm

State Farm logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.8

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A++

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Offers extended replacement cost

Offers flood insurance

Offers earthquake insurance

Wind/hail deductible

Offers wildfire insurance

Why we chose itchevron icon

State Farm is one of the best home insurance companies in Vermont thanks to its large selection of policy options, high customer service marks, and industry-best financial stability ratings.

Pros and conschevron icon

Pros

  • Top-tier coverage add-ons, including extended replacement cost coverage

  • High customer satisfaction and financial strength ratings

Cons

  • No discounts for first-time homebuyers

  • Higher rates than average in Vermont

More detailschevron icon

Why we chose State Farm

State Farm is among the best home insurance companies in Vermont, especially if you want to add coverage to a basic policy. State Farm lets homeowners get extended replacement cost coverage for their homes, replacement cost coverage for their personal property, water backup protection, and more.

State Farm's customer service is highly rated, too. The company has received high ratings from policyholders, according to J.D. Power’s 2022 customer satisfaction, claims, and digital experience surveys. It has also received the highest rating possible from A.M. Best for financial strength and stability.

How do State Farm home insurance rates compare to the Vermont average?

The average cost of home insurance from State Farm in Vermont is $1,116 per year, which is 29% more expensive than the statewide average.

How to get a quote

Online through State Farm or by contacting your local State Farm agent.

award icon

2024 Policygenius award winner

Farmers

Farmers Insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Offers extended replacement cost

Bundle home & auto

Smart home discounts

Why we chose itchevron icon

Farmers is one of the best home insurance companies in Vermont for those who want to add coverage to their policies. Farmers also has a range of discounts and high claims satisfaction scores — though it doesn't have the cheapest rates.

Pros and conschevron icon

Pros

  • Optional extended or guaranteed replacement cost dwelling coverage

  • Receives few complaints from policyholders and has a high claims satisfaction score

  • Lots of available discounts

Cons

  • Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys

  • Higher rates than average in Vermont

More detailschevron icon

Why we chose Farmers

Farmers is one of the best home insurance companies in Vermont, especially if you want to add coverage to a basic policy. Optional coverages from Farmers include guaranteed or extended replacement cost coverage, water backup protection, and a personal articles floater.

Farmers also earned a high score in J.D. Power’s 2022 claims satisfaction study (though it scored below average on J.D. Power’s overall customer satisfaction and digital experience surveys). Plus, Farmers receives fewer complaints than average, according to the National Association of Insurance Commissioners.

Farmers is one of the best companies for bundling home and auto coverage (you could save up to 18% on your premiums by bundling). The company also offers more than a dozen other discounts, many of which are easy for most homeowners to qualify for.

How do Farmers home insurance rates compare to the average in Vermont?

The average cost of Farmers home insurance in Vermont is $1,150 per year, which is 33% more expensive than the state's average annual premium.

How to get a quote

Online through Farmers

award icon

2024 Policygenius award winner

Allstate

Allstate logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A+

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Smart home discounts

Why we chose itchevron icon

Allstate is one of the top home insurance companies in Vermont. Besides having lower-than-average rates, Allstate also offers a few add-ons that can make a basic policy stronger.

Pros and conschevron icon

Pros

  • Offers HostAdvantage for short-term rental coverage

  • Offers water backup protection, other endorsements

  • Rates are cheaper than average in Vermont

Cons

  • Beginning to pull back coverage in high-risk areas

  • Customer experience scores with J.D. Power are below the segment average

More detailschevron icon

Why we chose Allstate

We like that Allstate offers a few home insurance coverages that you can add to your policy for more protection. These coverages include water backup protection, scheduled personal property coverage, and identity theft restoration coverage.

If you're looking to cover your short-term rental, Allstate's HostAdvantage is another perk. HostAdvantage comes with theft protection, coverage for your damaged property ($10,000 per host period), and a $25 discount on cleaning services from Merry Maids.

How do Allstate home insurance rates compare to the Vermont average?

The annual average cost of Allstate home insurance in Vermont is $802 per year, which is 7% cheaper than the statewide average.

How to get a quote

Online through Policygenius or Allstate, or by contacting a local Allstate agent.

Compare home insurance rates in Vermont

How much is homeowners insurance in Vermont?

The average cost of homeowners insurance in Vermont is $865 per year, or $72 a month, for an insurance policy with $300,000 in dwelling coverage. This means insurance in Vermont is 51% cheaper than the national average per year.

Vermont homeowners insurance rates by city

We calculated the cost of home insurance in Vermont's largest cities and found that Barre is the cheapest big city for homeowners insurance in the state, while St. Albans is the most expensive.

Here’s a look at the average cost of home insurance in the 20 largest cities in Vermont.

City

Average monthly cost

Average annual cost

Difference from state average (%)

Burlington

$78

$935

8%

South Burlington

$77

$927

7%

Rutland

$74

$892

3%

Essex Junction

$78

$936

8%

Barre

$69

$832

-4%

Winooski

$76

$916

6%

Montpelier

$72

$863

0%

St. Albans

$83

$995

15%

Newport

$73

$872

1%

Bellows Falls

$74

$889

3%

Vergennes

$70

$845

-2%

Swanton

$73

$876

1%

Morrisville

$72

$865

0%

North Bennington

$74

$883

2%

Enosburg Falls

$73

$874

1%

Johnson

$72

$864

0%

Lyndonville

$72

$858

-1%

Poultney

$74

$887

3%

Woodstock

$71

$848

-2%

Orleans

$74

$888

3%

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Vermont homeowners insurance rates by coverage amount

The table below highlights the average annual premium in Vermont for five different levels of dwelling coverage, which is the part of your policy that covers structural damage to your home.

Generally speaking, more dwelling coverage means higher homeowners insurance rates, as shown in the table below.

Dwelling coverage limit

Average annual cost

$100,000

$387

$200,000

$621

$300,000

$865

$400,000

$1,109

$500,000

$1,347

Compare home insurance rates in Vermont

Cheapest homeowners insurance companies in Vermont

Based on our analysis of home insurance rates in every one of the state's ZIP codes, we found that the cheapest home insurance companies in Vermont are Auto-Owners Insurance, Vermont Mutual, Frankenmuth, Union Mutual, and Allstate.

Company

Average annual cost

Auto-Owners Insurance

$515

Vermont Mutual

$515

Frankenmuth Insurance

$782

Union Mutual

$791

Allstate

$802

USAA

$879

MMG Insurance

$922

State Farm

$1,116

Co-operative Insurance

$1,135

Farmers

$1,150

Travelers

$2,210

Collapse table

Cheapest Vermont homeowners insurance if you have poor credit

If you have a poor credit score, your insurance rates are likely to be higher. This is because insurance companies connect having poor credit with being more likely to make a future claim.

With an average rate of $733 per year, Auto-Owners Insurance has the cheapest home insurance rates in Vermont for a homeowner with poor credit.

Company

Average annual cost

Auto-Owners Insurance

$733

Vermont Mutual

$891

MMG Insurance

$1,092

Union Mutual

$1,095

Frankenmuth Insurance

$1,109

Allstate

$1,201

Co-operative Insurance

$1,398

State Farm

$1,909

USAA

$1,935

Farmers

$2,423

Travelers

$7,101

Collapse table

Cheapest Vermont homeowners insurance if you have an older home

It can cost a lot to insure older homes. That's because they're more prone to structural damage than new homes. Older homes are also often constructed out of materials and with features that would be expensive to replace if they were damaged.

With an average annual premium of $495, Auto-Owners offers the cheapest home insurance rates in Vermont for a home over 100 years old.

Company

Average annual cost

Auto-Owners Insurance

$495

Vermont Mutual

$515

Union Mutual

$791

Allstate

$816

USAA

$855

Frankenmuth Insurance

$891

MMG Insurance

$939

State Farm

$1,114

Farmers

$1,194

Co-operative Insurance

$1,203

Travelers

$2,897

Collapse table

Cheapest Vermont homeowners insurance if you have a history of claims

If you have multiple claims on your record, you'll typically pay more for home insurance, as insurers will consider you more likely to file future claims than a homeowner with a spotless claims history.

With an average annual premium of $599, Vermont Mutual offers the cheapest home insurance rates in Vermont if you've filed three claims within a five-year period.

Company

Average annual cost

Vermont Mutual

$599

Auto-Owners Insurance

$679

Union Mutual

$791

MMG Insurance

$970

Co-operative Insurance

$1,266

State Farm

$1,270

Allstate

$1,272

USAA

$1,375

Frakenmuth Insurance

$2,225

Farmers

$2,704

Travelers

$4,562

Collapse table

Coverage options in Vermont

When looking at how much each insurance company charges for different coverage levels and risks, you should also be aware of what your policy does and doesn’t cover.

Before you buy homeowners insurance in Vermont, you should be sure you're protected against flooding and wintry weather.

Flood insurance

Homeowners insurance doesn't cover damage from floods. Although only fewer than than 1% of homes in Vermont have flood insurance, it's a good idea to consider getting a flood insurance policy if you live in a low-lying part of the state.

Some companies offer flood endorsements or even separate flood insurance policies. Vermont homeowners can compare private flood insurance companies in the state with Policygenius, or choose a policy through a government entity like the National Flood Insurance Program (NFIP).

Insurance for wintry weather

Vermont's winters could lead to conditions that damage your home, like heavy snow and fierce winds. Fortunately, most home insurance policies cover damage from wintry weather, like windstorms, frozen pipes, collapsed roofs, and more.

That said, it's always a good idea to make sure that your home is fully protected by adding extended or guaranteed replacement cost coverage to your dwelling coverage if it's available. That way, you will have enough insurance to fully rebuild your home if it were damaged.

5 steps for buying home insurance in Vermont

  1. Reach out to a licensed Policygenius agent. Our team of experienced insurance experts will listen to your coverage needs and help you find quotes that work the best for you.

  2. Ask if you should purchase flood or hurricane coverage. If you live near a river or other body of water, flood insurance might be a good option. A Policygenius agent can answer all of your questions about flood insurance and available coverage add-ons. 

  3. Figure out if a higher deductible works for you. A higher deductible means you’ll have lower monthly or annual premiums. Just remember, you’ll need to come up with the full deductible amount before your provider reimburses you for a covered claim. 

  4. Compare quotes from a Policygenius agent. Once you’ve identified your coverage needs, limits, and deductibles, a Policygenius agent will send over a few quotes and answer any questions you might have about each policy.

  5. Choose your policy, sign it, and make your first payment. After you’ve settled on the company that works best for you, Policygenius will do all of the paperwork for you. We'll even cancel your old policy if it isn’t expired yet.

Compare home insurance rates in Vermont

Frequently asked questions

What is the average home insurance cost in Vermont?

The average home insurance rate in Vermont is $865 a year for $300,000 in dwelling coverage. That’s about half of the national average. But, of course, your rate might be different based on your own coverage needs, limits, and deductibles. Always ask your provider about possible discounts that may apply to you.

Is it mandatory to have home insurance in Vermont?

While not legally required to have home insurance in Vermont, many mortgage lenders require you to purchase home insurance before extending a home loan. Lenders have a financial interest in the property until you pay off the loan, so they want to ensure it’s fully protected against any loss.

Why do some insurance companies charge home insurance higher rates to customers with a dangerous dog breed?

Insurance companies consider certain dog breeds as aggressive and more likely to cause injury to someone, resulting in more insurance claims. If you own a dangerous dog breed, your insurer might charge you more for home insurance becasue of the increased risk.

Author

Andrew Hurst is a senior editor and a licensed auto insurance expert at Policygenius. His work has also been featured in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin, and Property Casualty 360.

Editor

Pat Howard is a licensed insurance expert and managing editor at Policygenius. Pat has written extensively about the home insurance industry and his insights as a subject matter expert have appeared in several top tier publications, including The New York Times, The Wall Street Journal, CNBC, and Reuters. Pat has a bachelor's degree in journalism from Michigan State University.

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