The Best and Cheapest Home Insurance Companies in Vermont

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Choosing the right insurance company can save you hundreds of dollars per year, and dozens of hours of headache if you need to make a claim. We found that the cheapest home insurer in Vermont is just $443 for typical coverage — that's 28% less than the average price of $614. But we recommend that homeowners also consider coverage options and customer service when choosing a home insurance provider. Read on for our top picks for home insurance in Vermont, or use the quote box above to find the best rates for you.

The Best Homeowners Insurance Companies in Vermont

After evaluating the top home insurance companies in Vermont, we have a choice we think is right for most people, plus alternate picks for people with more specialized insurance needs.

Best for most people: Allstate

Allstate has the best combination of affordable rates and strong customer service for Vermont homeowners.

We recommend Allstate home insurance to most Vermont homeowners. It has the best overall combination of affordable rates and solid customer service among the insurers we looked at.

Allstate had the lowest prices of any Vermont insurer we analyzed, with an average price of $443 per year — that represents a savings of 28% compared to the statewide average. Allstate got high customer service ratings, too. The National Association of Insurance Commissioners (NAIC) assigned Allstate a complaint index of 0.34, meaning that it received only 34% as many complaints as a typical company of its size.

As one of the largest insurers in the United States, Allstate has robust online tools. You can get a quote, buy a policy and make claims all from their website. This can be a very convenient way to manage your policy if you prefer not to work with an agent or live in an area without many insurance offices.

However, as a national insurer, Allstate's coverages are not especially well tailored to Vermonters. It has all the standard options, such as dwelling and personal property coverage, but lacks more innovative options like green upgrade coverage (which pays extra to replace damaged property with eco-friendly upgrades).

Best local insurer: Concord Group

Concord specializes in the home insurance needs of New England homeowners.

For homeowners looking for an insurer that specializes in service in New England, we recommend Concord Group. The company exclusively operates in Vermont, New Hampshire and Maine. It has expertise in dealing with the particular insurance needs of homeowners in these states, such as dealing with insurance claims relating to heavy snowfall or very cold weather.

Concord also has a few extra coverages beyond the standard offering we like: For example, you can add a "green" endorsement that pays out more if you replace damaged property with more eco-friendly alternatives.

Concord Group also offered one of the lowest rates we found in Vermont: Its typical price was $445, just a few dollars more than our main pick.

Unfortunately, Concord Group's customer service isn't as highly rated as we'd like. It has an NAIC complaint index of 0.60. While this means it's received only 60% as many complaints as a typical home insurance company of its size, it didn't perform as well as our other top picks, all of which had scores of 0.34 or below.

Concord is also only available through independent insurance agents. As a result, the company does not have a strong online presence — you can't get a quote or buy a policy online. If you prefer to manage your policy yourself, or like shopping for insurance online, you may need to look at another insurer.

Best customer service: State Farm

State Farm's customer service is top notch, with impeccable financial stability.

For Vermont homeowners who prize customer service over all else, we recommend State Farm. It's well known for its strong customer service, and the data backs that up: State Farm had much fewer complaints and one of the lowest NAIC complaint indexes of any company we looked at, with just 20% as many complaints as a typical company.

We also like State Farm's online tools, which are easy to use. You can get a quote, buy insurance and manage your policy online. As far as policy options, State Farm provides all of the standard coverages that most homeowners need, together with bundling discounts that can help lower your costs for auto insurance or other policies.

Unfortunately, State Farm's prices in Vermont are not cheap. It's one of the most expensive insurers we looked at, with an average cost of $776 per year for standard home insurance. That's 26% more than the statewide average.

Best for military families: USAA

USAA's great customer service and military benefits will appeal to soldiers, veterans and their families.

We recommend USAA insurance for people in the military and their families. USAA's unmatched customer service and military-specific benefits make it a solid choice for both veterans and active service members.

USAA is regarded for having some of the best customer service of any insurer in the United States. It's one of only two insurance companies in the U.S. to receive a perfect 5/5 from J.D. Power for homeowners insurance and has an impressively low 0.15 NAIC complaint index.

The company also offers military-specific benefits that may entice active service members. For one, the company covers you in active war zones; most insurers don't. And if your uniform is damaged while you're on active duty, USAA will cover the cost to repair without a deductible.

The biggest drawback to USAA is that its rates are not especially competitive. At an average price of $698 per year, its rates are 14% more expensive than the typical rate across every insurer we looked at.

Additionally, USAA is not available to everyone. Only people who have served in the military or family members of USAA customers are eligible to buy insurance from the company.

The best-reviewed homeowners insurance companies in Vermont

When you're buying home insurance, it's essential to look beyond price and consider the quality of service you'll receive, too. With that in mind, we've gathered ratings and reviews of the top Vermont home insurance companies so you can see which is the best fit for you.

For each insurer, we've collected:

  • NAIC complaint index: Compares the number of complaints the company has received to its size. A lower number is better, and the national average is 1.00.
  • J.D. Power home insurance survey: A national survey of consumer satisfaction with their home insurers. The best score is 5/5.
  • AM Best financial strength rating: Describes an insurer's overall financial strength and ability to pay out claims, regardless of high claim demand (such as from a large-scale disaster) or negative economic climate. The highest score is A++.
InsurerNAIC complaint indexJD Power Homeowners survey scoreA.M. Best financial strength rating
AIG0.092/5A
Allstate0.343/5A+
American Family0.333/5A
Amica0.245/5A+
Chubb0.032/5A++
Concord Group0.60--A
Farmers0.123/5A
Hartford1.003/5A+
Liberty Mutual0.452/5A
Metropolitan0.232/5A
MMG Insurance Company0.30--A
Nationwide0.242/5A+
Patrons Co-op Fire Ins Co0.00--A
State Farm0.204/5A++
Travelers0.562/5A++
Union Mutual Fire Group0.70--A-
USAA0.155/5A++
Vermont Mutual0.74--A+

The cheapest options for homeowners insurance in Vermont

Bar chart comparing the most affordable options for home insurance in the state of Vermont
Bar chart comparing the most affordable options for home insurance in the state of Vermont

Common homeowners insurance perils in Vermont

As a state located in the northeastern United States, the home insurance perils most common in Vermont tend to do with cold weather and storms. Some of these perils are covered by standard home insurance but others aren't.

Is wind damage covered by home insurance?

Wind is one of the most common ways homes are damaged from storms year-round, and fortunately this type of damage is almost always covered by homeowners insurance. Whether it's shingles ripped off your roof or a fallen branch, damage from wind is one of the named perils covered in almost all home insurance policies.

However, it's better to avoid filing a claim if you can, so we recommend taking precautions against wind damage:

  • Keep trees trimmed, especially those near your house or garage
  • Put away lawn furniture and toys when they're not in use
  • Have your roof inspected regularly
  • Consider buying storm shutters for your windows

Is snow damage covered by homeowners insurance?

Vermont is one of the snowiest states in the country, and during a particularly heavy snowfall, it's possible that snow will damage your roof. In general, damage due to weight of snow is covered by home insurance, but check your policy to be sure.

However, your claim might be denied if your insurer determined you didn't take adequate precautions to prevent damage. For example, if you left heavy snow on your roof for days or weeks, any resulting damage might not be covered. And damage due to something like an ice dam likely won't be covered, either.

Are burst frozen pipes covered by home insurance?

Home insurance may or may not cover damage due to frozen pipes that are leaking or have burst. Some insurers cover this damage, while others don't. The only way to be sure if you're covered is to read your home insurance policy.

Keep in mind that homeowners insurance policies require you to take reasonable precautions against loss, including for frozen pipes. For example, if you turn down your heat before leaving for a week, and the pipes freeze and burst as a result, your insurer may deny the claim, and you'll be responsible for the cost to repair them. And if you neglect a damaged pipe and the problem gets worse, you'll be responsible for that, too.

Vermont insurance rates: City-by-city breakdown

In addition to an overall statewide rate comparison, we also calculated home insurance prices for the major cities and towns in Vermont. See the list below to compare your home insurance expenses to those of your neighbors.

CityAverage cost% difference from state average
Burlington$581-5.39%
Essex Junction$565-8.04%
Rutland$6251.79%
Colchester$561-8.61%
South Burlington$554-9.83%
Bennington$6312.72%
Brattleboro$6333.03%
West Hartford$604-1.71%
Milton$574-6.48%
Barre$593-3.36%
Springfield$6292.36%
Middlebury$605-1.43%
Montpelier$605-1.51%
St. Albans$6140.04%
Barre$593-3.36%
St. Johnsbury$603-1.85%
Shelburne$562-8.55%
Winooski$550-10.49%
Swanton$6231.50%
Northfield$602-1.92%
Lyndon Center$608-1.02%
St. Albans$6140.04%
Jericho$564-8.19%
Newport$6200.98%
Waterbury$605-1.47%
Randolph$611-0.56%
Derby$6282.32%
Castleton$6261.93%
Hinesburg$553-10.02%
Stowe$605-1.55%
Manchester$6231.40%
Richmond$558-9.09%

To see how homeowners insurance prices in Vermont compare to homes across the country, take a look at our study of the nationwide average cost of home insurance.

Methodology

We collected insurance quotes for homes in every ZIP code in the state of Vermont. Our 2,100-square-foot sample property was built in 1969 and had $226,300 of dwelling coverage — the statewide median home value.

Insurers surveyed:

  • Allstate
  • Concord Group
  • MMG Insurance Company
  • State Farm
  • Travelers
  • Union Mutual Fire Group
  • USAA
  • Vermont Mutual

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.

Comments and Questions

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.