Renters insurance in Vermont: Cost, best companies and how to save

What is the average cost of renters insurance in Vermont?

The average renters insurance cost in Vermont is $166 per year. Rates vary based on factors such as location, coverage amount, deductible, and claims history.

"The number one thing that's most important is to get good liability. A renter's policy will default to $100,000 liability," Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. "It costs next to nothing to go from $100,000 to $500,000. I want to say it's probably 10 bucks a year. It's really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that's, at its core, what insurance is all about: the worst-case scenario."

Average annual premium	$166
Average monthly premium	$14

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Best renters insurance company in Vermont: Vermont Mutual

Among the carriers surveyed, Vermont Mutual is the best renters insurance company in Vermont, with a top score and an average renters insurance rate of $100.

Frankenmuth Insurance and Auto-Owners are the other best insurance companies for renters insurance in Vermont.

Renters insurance rates vary significantly among providers, so you should compare options before choosing. You should also select a company with a good reputation to ensure it will be there if you have a claim.

To help you find the best renters insurance in Vermont, we evaluated average rates, NAIC complaints ratio, and AM Best financial ratings. We calculated the total Insurance.com score out of five using these factors.

Here are the best renters insurance companies in Vermont.

Company	Average annual premium	AM Best	NAIC	Insurance.com rating
Vermont Mutual	$100	A+	0.07	5
Frankenmuth Insurance	$140	B++	0.03	4.63
Auto-Owners	$186	A++	0.33	4.3
Union Mutual	$171	A-	0.32	4.16
MMG Insurance	$150	A	0.61	3.94
State Farm	$143	A++	0.95	3.67
Travelers	$361	A++	0.54	3.18

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Cheapest renters insurance in Vermont

Our analysis shows that Vermont Mutual is the cheapest renters insurance company in Vermont, with an average annual premium of $100.

Renters insurance rates can differ greatly between providers, so it's best to compare quotes to find affordable coverage that meets your needs.

Here is the list of the cheapest renters insurance companies in Vermont along with their average annual premiums.

Company name	Average annual premium
Vermont Mutual	$100
Frankenmuth Insurance	$140
Co-operative Insurance	$143
State Farm	$143
MMG Insurance	$150
Union Mutual	$171
Auto-Owners	$186
Travelers	$361

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Vermont renters insurance: The least and most expensive ZIP codes

Where you live in Vermont directly affects the cost of your renters insurance. The most expensive ZIP code in Vermont is 5741, where the average annual premium is $196. This is $30 more than higher than the average rate.

In contrast, the least expensive ZIP code for renters insurance is 5676, offering coverage at $160 a year.

The table below shows the most and least expensive ZIP codes in Vermont for renters insurance.

Best home insurance companies in Texas

Most expensive ZIP code
Least expensive ZIP code

ZIP code	Average annual rate
5741	$196
5665	$195
5901	$179
5775	$170
5261	$168
5153	$167
5037	$166

ZIP code	Average annual rate
5676	$160
5459	$167
5260	$168
5775	$170
5901	$179
5050	$195
5030	$196

Renters insurance cost in Vermont by city

Renters insurance rates vary widely across cities in Vermont, driven by factors such as weather risks, crime rates, and other factors. To find the best deal in your city, you should consider these factors and compare quotes from multiple insurers before choosing a policy.

City	Annual insurance premium
Barre	$159
Bellows Falls	$164
Burlington	$161
Essex Junction	$157
Montpelier	$161
Newport	$162
Rutland	$165
South Burlington	$157
St. Albans	$161
Winooski	$159

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How to save on renters insurance in Vermont

You can lower the cost of renters insurance in Vermont in several simple ways without reducing the coverage you need:

Bundle your policies. Many insurers give a discount when you purchase renters and auto insurance together.
Increase your deductible. Selecting a higher deductible lowers your monthly or yearly premium, but you should make sure you can afford it.
Ask about discounts. Many insurance companies offer discounts for having smoke alarms, security systems, or a claims-free history.
Compare quotes. Since prices vary widely between companies, getting quotes from multiple insurers helps you find the best deal.
Pay annually. Some insurers provide a small discount if you make yearly payment instead of paying monthly.

Methodology

Insurance.com compared renters insurance rates provided by Quadrant Information Services for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. To rank the best insurance companies, we gathered AM Best financial stability ratings, where an A++ is the best possible score, and National Association of Insurance Commissioners (NAIC) complaint ratios, which compare the number of complaints a company receives to the anticipated complaint volume based on market share. These factors were used along with rates to find the best companies overall.

FAQ: Vermont renters insurance

Do I need renters insurance in Vermont?

You do not legally require renters insurance, but your landlord may require you to carry a policy as part of your lease agreement.

How much renters insurance do I need in Vermont?

You don't need any renters insurance by law, but when buying a policy you should ensure you have enough personal property coverage to cover all of your personal property at replacement cost.