According to Bankrate’s 2021 study of quoted annual premiums, the average cost of homeowners insurance in Vermont is $686 per year for $250,000 in dwelling coverage. Whether you are buying a historic home in downtown Manchester or a modern dwelling in a Burlington suburb, you may want to protect your investment with a homeowners policy. Luckily, Vermont home insurance is relatively affordable comparatively.
There are dozens of homeowners insurance companies in The Green Mountain State, and they each have upsides and downsides. When shopping for home insurance in Vermont, it is important to consider average rate, coverage options, discounts available, customer service reviews and third-party ratings from reputable research firms.

Best home insurance companies in Vermont

It can be difficult to know which home insurance company one can provide the best coverage for your home. Our top choices provide a great combination of coverages, discounts and price for Vermonters. Our sample average rates were pulled from Quadrant Information Services. The table below includes our picks for the best home insurance companies in Vermont:

Home insurance company Average annual premium for $250k dwelling coverage J.D. Power score
Allstate $560 829/1,000
Concord Group $533 Not rated
State Farm $989 829/1,000
Union Mutual $774 Not rated
Vermont Mutual $399 Not rated


Allstate’s home insurance policies are very affordable, with an average rate of $503 per year for $250,000 in dwelling coverage. Vermont homeowners get access to a wide variety of add-on coverages, plus unique extras like a disappearing deductible and a claims-free reward program. Allstate also sells flood insurance and HostAdvantage coverage for Vermonters who rent their home out through platforms like Airbnb.

Learn more: Allstate Insurance Review

Concord Group

Concord Group is another local insurance company that offers below-average rates for Vermont homeowners. Concord Group stands out for its impressive lineup of add-on coverages, like guaranteed dwelling replacement cost coverage and a green endorsement that pays to rebuild your home with eco-friendly materials. The company also offers discounts for homeowners who want to save even more money on their insurance policy.

State Farm

State Farm is a well-known insurance company that has local offices in 17 Vermont cities. The company has great coverage and discounts, plus helpful online tools, like a calculator that helps you decide how much coverage to buy. The policies are more expensive than average, but the company is rated highly for overall customer satisfaction by J.D. Power and it has excellent financial strength, with an A++ rating from AM Best.

Learn more: State Farm Insurance Review

Union Mutual

Union Mutual is a local insurance company with great customer service, reasonable rates and impressive discounts. Vermonters can take advantage of savings for being a loyal customer, bundling policies, having a permanent generator installed in their home, having a standing seamed roof and owning a home in superior condition. Union Mutual also offers many endorsements, including secondary and seasonal home coverage.

Learn more: Union Mutual Insurance Review

Vermont Mutual

Vermont Mutual is a small property insurance company that is headquartered in Montpelier and has been in business for more than 190 years. Vermont Mutual has extremely affordable rates, with an average premium of $378 per year for $250,000 in dwelling coverage. In addition, Vermont Mutual offers a few endorsements for homeowners who want to design a policy that fits their unique needs.

Learn more: Vermont Mutual Insurance Review

How much is homeowners insurance in Vermont?

The average cost of homeowners insurance in Vermont is $686 per year for $250K in dwelling coverage. That is significantly cheaper than the United States national average premium of $1,312 per year. Vermont also has the cheapest home insurance rates in New England. For comparison, home insurance in Massachusetts costs an average of $1,307 per year and in New Hampshire, it costs an average of $724 per year.

Vermont’s New England neighbors pay higher homeowners premiums because they face a greater risk of hurricane damage. According to the Insurance Information Institute, no Vermont homes face storm surge risk, while nearly 152,000 Massachusetts homes are at risk of a Category 4 hurricane. Vermont also has a lower crime rate than most nearby states.

Home insurance in Vermont

All things considered, Vermont tends to be a safer state for homeowners. However, there are certain losses that Vermont homeowners should be aware of. Choosing the right home insurance coverages can help protect your home against various risks.

Common causes of loss in Vermont

There are several common risks that Vermont homeowners might face:

  • Water damage: This traditionally occurs from melting snow and ice. However, climate change is altering the course of Vermont’s rivers. It is creating a greater flood risk for homeowners in low-lying areas.
  • Hail and wind storms: Windstorms and tropical storms can also create damages in your home. In 2011, Tropical Storm Irene damaged or destroyed 3,500 Vermont homes. It caused more than $700 million in losses.
  • Snow and ice: Vermont’s northern location makes it prone to harsh winters. Heavy snow and ice can easily cause roof and foundation damage. It is important to ensure that your insurance policy includes reliable coverage from winter hazards, like snow and ice.

Home insurance coverage options in Vermont

Standard insurance policies provide the coverages most Vermont homeowners need, including dwelling, personal property, liability and loss of use insurance. However, Vermont homeowners may benefit from adding some additional coverages to their policy, including:

  • Flood insurance: Flood insurance is not included in the standard home insurance policy. Not all insurance providers offer it, either. If you cannot find a provider, you can purchase a policy from FEMA’s National Flood Insurance Program.
  • Valuables insurance: While most policies will include coverage for personal belongings, there are limits to what they will cover. Without adequate coverage, you could be left with the bill should you ever experience damages or a loss. If you have expensive valuables, talk to your agent about what coverage is right for you.
  • Identity theft/fraud coverage: As the world continues to go digital, identity theft and fraud protection is more important than ever. Thankfully, many providers offer this coverage. Ask to see whether it is something included with your policy or an additional feature at an extra cost.
  • Personal property replacement cost coverage: No one likes to lose their belongings. However, it is that much more heartbreaking when you do not have the right insurance. Personal property replacement cost coverage can ensure that you receive today’s pricing for yesterday’s favorite token.

Frequently asked questions

What is the best homeowners insurance in Vermont?

Based on our research, Concord Group offers the best combination of homeowners insurance coverages, discounts and affordable rates for Vermonters. Union Mutual also offers great discounts and optional coverages, like guaranteed home replacement cost coverage and equipment breakdown coverage.

How do I get homeowners insurance in Vermont?

Start your home insurance search by requesting quotes from our top four insurers. Most major home insurance companies provide quotes over the phone or online. And several companies operate local offices, where you can sit with an agent and discuss your coverage options.

Is Vermont homeowners insurance expensive?

No. Vermont homeowners pay below-average rates for homeowners insurance. The rate you pay will depend on several factors, including, the location of your home, its age and construction and its proximity to a fire station. Adding optional coverages, like flood insurance or home office coverage, will increase your rate, but provide greater protection.

What should a basic homeowners policy include?

For the best protection, make sure your policy includes dwelling, other structures, liability, loss of use and personal property coverages. You may also want to add a few optional coverages, like personal property replacement cost coverage and identity theft protection, to maximize your protection.


Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits:

  • Coverage A, Dwelling: $250,000
  • Coverage B, Other Structures: $25,000
  • Coverage C, Personal Property: $125,000
  • Coverage D, Loss of Use: $50,000
  • Coverage E, Liability: $300,000
  • Coverage F, Medical Payments: $1,000

The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).

These are sample rates and should be used for comparative purposes only. Your quotes will differ.