Paige Cerulli Last Updated On: October 26, 2023

How to Find the Best Home Insurance in Vermont

Finding the right home insurance policy is an important investment in your investment in your home 100%and in your peace of mind. But finding the best home insurance in Vermont can be tricky, especially when you’re shopping for insurance for the first time.

We’ve highlighted the must-know information that will help guide you as you shop for home insurance.

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Table of Contents

The Average Cost of Home Insurance in Vermont

The average cost of home insurance in Vermont is $658 per year, which includes $250,000 in dwelling coverage. That rate is less than the national average cost of car insurance, which is $1,428 per year. Vermont’s lower rates may be due to the state’s low crime rates and the fact that the state doesn’t face the same risk of hurricanes that other New England states do.

While Vermont’s average home insurance rates are low, rates will fluctuate depending on where in the state you live. Areas with higher crime rates or increased risk of natural disasters will have higher home insurance rates. Areas with lower risk will have lower rates.

Vermont City

Average Cost of Home Insurance Per Year

Winooski

$609

Hinesburg

$612

East Poultney

$692

Bebe Plain

$695

West Dummerston

$696

Other factors will impact your home insurance rates, too. Your home’s value, its age, and the distance to the nearest fire station all impact what you’ll pay for insurance. Since rates can vary so much, a personalized home insurance quote will give you the most accurate idea of your costs. You can get free home insurance quotes in Vermont from ConsumerCoverage today to explore your options and their costs.

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Coverage Options for Home Insurance in Vermont

When you shop for home insurance in Vermont, understanding what is and isn’t covered will help you to make the best decisions for your home’s protection. Most standard home insurance policies will include these types of coverage:
  • Dwelling coverage protects the structural elements of your home, like its walls, porch, and roof.
  • Other structures coverage applies to buildings on your property that are detached from your home, including a shed or barn.
  • Personal property coverage helps to cover the personal belongings, like electronics or furniture, that are inside your home.
  • Personal liability coverage helps to protect you in case another person is ever injured while they’re on your property.
  • Medical payments coverage helps to pay for medical bills that another person might accrue if they are injured while on your property.
  • Loss of use coverage goes into effect if your home is damaged and you can’t live in the home while it’s being repaired. This coverage helps to pay for expenses like a hotel room or rental home.
While these coverages give you a good starting point, you may want to add on optional coverages for more comprehensive protection.
  • Flood insurance: If you live in a flood zone, your mortgage lender might require you to add on flood insurance. Most standard insurance policies don’t include coverage for damage caused by floods.
  • Valuables insurance: Your personal property coverage will pay for damaged items in your home to a certain point, but the limit may not be high enough to replace more expensive items like jewelry or art. Valuables insurance offers additional coverage for those more expensive items.

How to Save Home Insurance in Vermont

To find the best home insurance in Vermont at the best price, look for discounts. Many insurance providers offer discounts when you have multiple policies, like a home and car insurance policy. You may be able to lower your premiums by choosing a high-deductible plan, but make sure that you can pay that higher deductible if you ever have to file a claim.

Shopping around and comparing quotes can save you money, too. To get started, request a free homeowners insurance quote from ConsumerCoverage to compare quotes and find the best home insurance in Vermont.

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