The Best Cheap Renters Insurance in Vermont for 2025
State Farm sells the best and cheapest renters insurance in Vermont, with an average rate of $11 per month.
Compare Cheap Renters Insurance Quotes in Vermont
ValuePenguin reviewed 96 quotes from four major insurance companies across 25 of the largest cities in Vermont. Our experts ranked the companies based on their rates, coverage options, discounts and customer service.
See our full methodology.
Cheapest renters insurance companies in Vermont
With an average rate of $11 per month, State Farm has the cheapest renters insurance in Vermont for most people.
The average cost for renters insurance in Vermont is $17 per month. Renters in Vermont pay some of the cheapest rates in the country. Nationally, renters insurance costs an average of $23 per month.
Compare Cheap Renters Insurance Quotes in Vermont
Amica is also a good choice for cheap renters insurance, especially if you value top-tier customer service. Assurant has great coverage options, but its policies cost a bit more than policies from other companies.
Cheap renters insurance quotes in Vermont
Company | Monthly cost | ||
|---|---|---|---|
| State Farm | $11 | |
| Amica | $15 | |
| Assurant | $20 | |
| Progressive | $21 | |
Best renters insurance for most people: State Farm
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Editor's rating
- Cost: $11/mo
State Farm's cheap rates and good coverage make it the best option for most people.
Pros:
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Cheapest average rates in VT
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Local agents available
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Good coverage options
Cons:
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Service quality depends on your agent
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Fewer discounts than some companies
State Farm has cheap rates and good quality coverage, which makes it the best option for most renters in Vermont. A renters insurance policy from State Farm costs $11 per month, on average, for $30,000 in personal property coverage.
State Farm is also a good option if you want to bundle your car and renters insurance. The company has the cheapest car insurance in Vermont for both full coverage and minimum coverage. Bundling your policies can help you get a cheaper rate on both.
State Farm also has good coverage options that let you customize your policy. You can add coverage for identity theft, for example, which helps cover the cost to restore your identity if it's stolen. You can also add extra coverage for expensive things like jewelry or collectibles.
But State Farm doesn't have as many discounts as other renters insurance companies. Because it has cheap average rates, this might not matter much, but it's something to consider. Additionally, your customer service with State Farm heavily depends on the local agent in your area.
Best renters insurance customer service: Amica
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Editor's rating
- Cost: $15/mo
Amica has cheap average rates and excellent customer service.
Pros:
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Highly-rated service
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Cheap rates
Cons:
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No local agents in VT
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Not as many discounts or coverage options as other companies
Amica is a great option if you are looking for top-tier customer service. Its policies aren't quite as cheap as State Farm's, but with an average rate of $15 per month, they're still cheaper than the state average of $17 per month.
Amica's customer service for renters insurance policies is some of the best in the industry. Choosing a company with good service can make things easier if you ever need to file a claim.
But Amica doesn't have local offices in Vermont. If you prefer to talk with an agent in person, it's not the best option. There are also only a few ways to save with Amica, including buying your policy online and paying your annual rate in full, so you might get a cheaper rate with a company that offers more discounts.
Best renters insurance coverage: Assurant
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Editor's rating
- Cost: $20/mo
Assurant has lots of extra coverage options to help you build a personalized policy.
Pros:
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Plenty of extra coverage options
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Offers coverage for damage caused by pets
Cons:
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Higher-than-average rates
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Not many discounts
Assurant is a good choice if you want to add extra coverage to your policy to personalize it. You can add benefits like water backup protection, which covers your stuff if a sewer or drain line backs up and you get water damage in your rented home or apartment. And replacement cost coverage for your stuff is always included. That means you'll get the full cost to replace damaged items, not just their value with wear and tear taken out.
Assurant is a great option if you are a renter with pets. It's one of the few companies that offers coverage for damage caused by animals. If you add the pet damage coverage and your dog rips up the carpet in your apartment or your cat scratches up the baseboards, your Assurant renters insurance policy will help pay to repair the damage.
But Assurant's renters insurance is more expensive, at an average of $20 per month. The company also doesn't offer many discounts, so there's not much you can do to lower the monthly rate.
Vermont renters insurance costs by city
Milton, which is north of Burlington, has the most expensive renters rates of Vermont's larger cities, at $27 per month on average.
Renters in Williston, which is a suburb to the southeast of Burlington, pay the lowest average rate for renters insurance out of Vermont's larger urban areas, at $16 per month.
Renters insurance costs can change based on where you live. Your rate might be more expensive if you live in a rural area far from a fire station, or in a city with a higher cost of living.
City | Monthly rate | % from average |
|---|---|---|
| Barre | $17 | 3% |
| Barre City | $17 | 6% |
| Bennington | $17 | 0% |
| Brattleboro | $17 | 3% |
| Burlington | $19 | 17% |
How to get the best renters insurance in Vermont
To get the best renters insurance in Vermont, you first have to decide what you need from your policy and how much you can afford each month. Then you can shop around to find the best and most affordable option.
Figure out your coverage needs and budget. Calculating how much coverage you need can help you choose the right amount of protection. Knowing how much you can afford to pay each month will then help you narrow down your options.
To figure out your coverage needs, make an inventory of your belongings and estimate how much they cost. That amount will give you an idea of how much personal property coverage you might need. Landlords also usually require that you have at least $100,000 in personal liability coverage.
Get quotes from several companies. Shopping around lets you compare each company's rates, coverage options and discounts, so you can find the right combination for you. You can shop online or call local agencies for quotes.
If you own a car, it might be helpful to get car insurance quotes too, because bundling car and renters insurance with the same company often means big savings on both policies.
Review customer service ratings. Before you buy a policy, check out the company's customer service ratings. You can use organizations like the National Association of Insurance Commissioners (NAIC) and J.D. Power to see how customers rank each company.
A company with good service ratings is likely going to be easier to work with. If you choose a company with bad service, you might run into issues when you need to file a claim, make a change or even ask a question.
What does renters insurance cover in Vermont?
Renters insurance pays if your stuff is damaged or destroyed. Most types of damage are covered, but it's important to know what your policy does and doesn't cover so you can add extra coverage if you need it.
Does Vermont renters insurance cover burst pipes?
Renters insurance covers the water damage that comes from burst pipes. The damage to the pipe itself isn't covered, because you don't own the home or apartment you live in. But if a pipe bursts and your personal property is damaged by the water, you'll have coverage to repair or replace it.
Does renters insurance in Vermont cover flood damage?
Renters insurance doesn't cover damage caused by flooding. Some companies offer flood insurance riders you can add to your policy, but it's not common. You usually have to buy a standalone flood insurance policy to protect your stuff from flood damage.
Vermont renters insurance trends
Renters insurance prices have gone up 12.6% in Vermont over the last six years.
Among larger insurance companies, Vermont renters insurance rates went up between 1.0% and 42.3% over the last six years.
Renters insurance prices, on average, stayed fairly level from 2020 to 2022, but then increased 9.6% across 2023 and 2024.
Among the main VT insurers, the biggest upticks have been at USAA (42.3%), American Family Insurance (25.1%) and Liberty Mutual (23.9%)
Renters insurance rate change data was compiled using RateWatch from S&P Global, which uses information from the National Association of Insurance Commissioners (NAIC).
Frequently asked questions
Who has the best renters insurance in Vermont?
State Farm sells the best renters insurance in Vermont for most people. It has the cheapest average rate in the state, at $11 per month. Plus, State Farm has good coverage options and local agents who can help you with your insurance.
How much is renters insurance in Vermont?
Renters insurance in Vermont costs an average of $17 per month. Rates change depending on how old you are, where you live, your coverage needs and if you've filed any claims in the past.
Is renters insurance mandatory in Vermont?
Renters insurance isn't required by law in Vermont, but you still probably need a policy. Many landlords and apartment complexes require that you have a renters insurance policy with at least $100,000 in personal property coverage.
Methodology
To determine the average cost of renters insurance in Vermont, ValuePenguin got quotes from four major insurance companies across 25 of the biggest cities in the state. All the quotes are for a 30-year-old woman who lives alone and does not have any renters insurance claims on her record. Our experts used the following coverage limits for the quotes:
- Personal property: $30,000
- Loss of use: $9,000
- Liability: $100,000
- Medical payments: $1,000
- Deductible: $500
Your rate will likely be different from the rates shown here. The rates in this article are for comparison only.
ValuePenguin chose the best renters insurance companies in Vermont after reviewing rates, customer service, discounts and coverage options. The National Association of Insurance Commissioners (NAIC) complaint index, J.D. Power and ValuePenguin's editors' ratings were used to rate the companies.
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.