Burlington, VT homeowners insurance is approximately $628 to $852, about $52-$71/month. Our exhaustive guide shows customers can save as much as $296 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Home insurance is one of the most important types of insurance to have. It protects your home and belongings in the event of a covered loss. Home insurance in Burlington, VT, can be found through various insurance carriers. When shopping for home insurance in Burlington, VT, it is important to compare rates and coverage options from multiple carriers. This will help you find the most affordable policy for your needs. It is also important to read the fine print of any policy you are considering. This will help you understand what is and is not covered by your home insurance policy. There are a few things that are typically covered by home insurance policies. These include damage from fires, windstorms, and lightning. Home insurance policies also typically cover theft and vandalism.
In Burlington, Vermont, the average cost of homeowner's insurance is $850. However, costs can differ based on the cost of your house, the level of coverage you require, and the deductible you select. The cost of homeowner's insurance is determined after carefully considering a number of criteria. These include the age of the home, prior insurance claims, the level of coverage, the deductible, the location, the ZIP code, and other elements. Here are some suggestions for locating cheap home insurance in Burlington, Vermont.
Multi-Policy Insurance
Your rates will decrease the more insurance plans you have with the same provider. This is so that customers who bundle their plans can benefit from discounts offered by insurance firms. The multi-policy discount for house insurance is normally 10%. Therefore, you might save 10% on your home insurance cost if you have both your auto and home insurance with the same provider. With a multi-policy discount, the amount you'll save varies based on the insurance provider and the scope of your coverage. However, it's worthwhile to consider a multi-policy discount if you want to reduce the cost of your house insurance. Homeowners in Burlington, Vermont, can purchase home insurance for $705 after selecting multi-policy insurance.
Safety Features
A home with a security system has a lower chance of being broken into than one without one. As a result, this residence will have a lower insurance premium. The same holds for houses with fire sprinklers, smoke alarms, and other security features. A home's safety features have a big impact on how much insurance will cost. For instance, in Burlington, Vermont, residences with sprinkler systems and smoke detectors pay $799 and $731 in home insurance, respectively.
Claims History
If a home has a history of frequent or expensive claims, the insurance company will likely charge a higher premium to cover the increased risk. Conversely, a home with a good claims history will typically enjoy lower rates. If you are shopping for home insurance in Burlington, VT, be sure to ask about the claims history of the homes you are considering. This information can be valuable in determining which company offers the best rates. For example, for people who have never made a claim, homeowners insurance in Burlington, Vermont, costs $739. The premiums for people who have made one or two claims are $926 and $952, respectively.
Burlington, VT Home Value | Total Homes | % of Total | Average Burlington, VT Homeowners Insurance |
---|---|---|---|
Less than $50,000 | 125 | 2.0% | $66 |
$100,000 to $124,999 | 112 | 1.0% | $310 |
$125,000 to $149,999 | 114 | 2.0% | $384 |
$150,000 to $174,999 | 418 | 7.0% | $458 |
$175,000 to $199,999 | 604 | 10.0% | $532 |
$200,000 to $249,999 | 1,698 | 30.0% | $636 |
$250,000 to $299,999 | 1,242 | 22.0% | $784 |
$300,000 to $399,999 | 1,231 | 21.0% | $991 |
Home Insurance Company Near Burlington, VT | Homeowners Insurance Agency Near Burlington, VT | Address |
---|---|---|
Liberty Mutual Independent | Essex Agency Inc | 2 Railroad St , Essex Junction, VT, 5452 |
Travelers | Kinney Pike Insurance Inc | 42 MEADOW LANE, RANDOLPH, VT, 5068 |
Liberty Mutual Independent | Mccrillis & Eldredge Ins Inc | 2 PARK ST, BRANDON, VT, 5733 |
Travelers | Rowell Insuring Agency | 323 TOM MILLER RD, PLATTSBURGH, NY, 12901 |
Allstate | Walter Hausermann | 18A Maple St, Essex Junction, VT, 5452 |
Streets in Burlington Area | Homeowners Insurance Cost |
---|---|
Glenwood Ln, Forest St, Southcrest Dr, Brookes Ave, Ave A, Westminster Dr, Riverside Ave, Ferguson Ave, Lake Forest Rd, Loomis St | $755 |
Latham Ct, Starr Farm Rd, Leddy Park Rd, Ethan Allen Pkwy, Crescent Beach Dr, Intervale Rd, Germain St, Crowley St, Hardy Ave, King Street Dock | $736 |
Saint Paul St, Barley Rd, Linden Ter, N Prospect St, Berry St, Caroline St, Kingsland Ter, Tower Ter, Cherry Ln, Meridian St | $804 |
Crescent Rd, Fairmount St, Sky Dr, Faith St, East Ave, S Champlain St, Hildred Dr, Cedar St, Myrtle St, Center St | $729 |
Laurel Ct, Pomeroy St, Spring St, Grant St, S Meadow Dr, Vesthaven Dr, Flynn Ave, Harrington Ter, Tracy Dr, S Cove Rd | $750 |
Place | Savings For Senior Occupied Homes |
---|---|
Burlington | $110 to $113 |
Winooski | $108 |
Colchester | $110 |
South Burlington | $111 |
Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
---|---|---|---|
Winooski city, Vermont | $109 | $145 | $218 |
Colchester town, Chittenden County, Vermont | $110 | $147 | $221 |
South Burlington city, Vermont | $111 | $148 | $222 |
Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
---|---|---|
Burlington, VT | 3.5% | 8.4% |
Winooski | 3.9% | 9.51% |
Colchester | 3.49% | 9.51% |
South Burlington | 3.22% | 8.4% |
Burlington Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
---|---|---|---|
Less than $200 | 121 | 1.0% | $332 |
$200 to $299 | 621 | 6.0% | $782 |
$300 to $499 | 676 | 6.0% | $1232 |
$500 to $749 | 1,165 | 12.0% | $1907 |
$750 to $999 | 2,534 | 26.0% | $2657 |
$1,000 to $1,499 | 2,851 | 29.0% | $3782 |
$1,500 or more | 1,693 | 17.0% | $5432 |
Low Deductible | High Deductible | |
---|---|---|
Deductible | $1,200 | $4,200 |
Yearly Burlington Homeowner Insurance Premium Example | $1,700 | $1,200 |
Out of Pocket Expense During Claim | $1,200 | $4,200 |
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $13,100 | $12,600 |
Net Savings to Burlington Home Owner from High Deductible Plan | $500 |
Scenario | Burlington, VT Home Replacement Value MORE than Home Value | Burlington, VT Home Replacement Value LESS than Home Value |
---|---|---|
Replacement Value | $397,500 | $270,500 |
Insurance Premium based on Replacement Value | $2,075 | $1,400 |
Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $63,500 | Risk Exposure from Under Insuring Coverage is $63,500 |
Premium Impact | Insurance cheaper by $350/year | Insurance costlier by $325/year |
Insurance Company | State Farm | Farmers Insurance | Amica Mutual Insurance Company |
Monthly Premium | 38 | 77 | 224 |
Year Built | 1947 | 1962 | 1979 |
Home Details | 3 Beds, 1 Baths | 2 Beds, 1 Baths | 5 Beds, 2 Baths |
Coverage Amount | $100000-$125000 | $250000-$300000 | $500000-$600000 |
Deductible | $1000-$2500 Deductible | > $10,000 Deductible | $500- $1000 Deductible |
Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
---|---|---|---|---|---|---|---|---|---|
1965 | 375,000 | Asphalt Shingles Roof | 2,740 | 5 | $500 Deductible | 950 | 6 | Wood siding | No |
1967 | 255,000 | Shingles Roof | 2,290 | 3 | > $10,000 Deductible | 60 | 1 | Stone Siding | No |
1943 | 295,000 | Metal Roof | 1,980 | 5 | > $10,000 Deductible | 360 | 5 | Stucco siding | No |
1981 | 335,000 | Wood Shake Roof | 2,830 | 4 | $2500-$5000 Deductible | 470 | 4 | Brick siding | No |
1983 | 185,000 | Slate Shingles Roof | 1,550 | 3 | $1000-$2500 Deductible | 70 | 1 | Brick siding | No |
1969 | 155,000 | Composition Roof | 1,190 | 2 | $1000-$2500 Deductible | 50 | 1 | Fiber-Cement Siding | yes |
1960 | 145,000 | Asphalt Shingles Roof | 1,210 | 2 | $1000-$2500 Deductible | 300 | 5 | Fiber-Cement Siding | No |
1942 | 170,000 | Wood Shake Roof | 1,430 | 3 | $500- $1000 Deductible | 210 | 4 | Vinyl siding | No |
1971 | 190,000 | Slate Shingles Roof | 1,580 | 3 | $500- $1000 Deductible | 600 | 7 | Stone Siding | No |
1940 | 445,000 | Asphalt Shingles Roof | 2,960 | 5 | $1000-$2500 Deductible | 1660 | 12 | Stucco siding | No |
1976 | 285,000 | Membrane Roof | 2,250 | 4 | $500- $1000 Deductible | 350 | 3 | Vinyl siding | yes |
1941 | 175,000 | Tile Roof | 1,500 | 3 | $5000 to $10,000 Deductible | 100 | 2 | Stone Siding | No |
1947 | 360,000 | Slate Shingles Roof | 2,730 | 5 | $500- $1000 Deductible | 780 | 5 | Fiber-Cement Siding | No |
1971 | 130,000 | Tile Roof | 1,170 | 2 | $2500-$5000 Deductible | 40 | 1 | Brick siding | yes |
1946 | 265,000 | Composition Roof | 1,660 | 2 | $500 Deductible | 840 | 8 | Vinyl siding | No |
1989 | 120,000 | Shingles Roof | 1,070 | 2 | $1000-$2500 Deductible | 380 | 9 | Stone Siding | yes |
1987 | 230,000 | Metal Roof | 1,570 | 2 | $1000-$2500 Deductible | 780 | 8 | Fiber-Cement Siding | yes |
1987 | 540,000 | Tile Roof | 3,950 | 5 | $500- $1000 Deductible | 1190 | 5 | Fiber-Cement Siding | No |
1946 | 445,000 | Composition Roof | 2,900 | 5 | $500 Deductible | 640 | 4 | Stone Siding | yes |
1978 | 120,000 | Membrane Roof | 1,070 | 2 | $500 Deductible | 320 | 7 | Wood siding | No |
1972 | 195,000 | Tile Roof | 1,530 | 3 | $500 Deductible | 910 | 12 | Stucco siding | No |
1971 | 420,000 | Asphalt Shingles Roof | 3,350 | 5 | $2500-$5000 Deductible | 1450 | 12 | Wood siding | yes |
1970 | 260,000 | Slate Shingles Roof | 1,590 | 5 | $5000 to $10,000 Deductible | 770 | 9 | Stucco siding | No |
1968 | 465,000 | Slate Shingles Roof | 3,780 | 5 | $1000-$2500 Deductible | 1710 | 10 | Brick siding | yes |
1980 | 165,000 | Wood Shake Roof | 1,370 | 2 | $500- $1000 Deductible | 400 | 6 | Stone Siding | yes |
1968 | 375,000 | Shingles Roof | 3,010 | 5 | > $10,000 Deductible | 980 | 12 | Stucco siding | yes |
1989 | 505,000 | Tile Roof | 3,960 | 5 | > $10,000 Deductible | 100 | 1 | Wood siding | yes |
1968 | 430,000 | Tile Roof | 2,970 | 5 | $500 Deductible | 780 | 5 | Stucco siding | yes |
1948 | 335,000 | Metal Roof | 2,350 | 3 | $5000 to $10,000 Deductible | 910 | 9 | Vinyl siding | yes |
1970 | 185,000 | Tile Roof | 1,600 | 5 | $500 Deductible | 280 | 6 | Vinyl siding | yes |
1966 | 230,000 | Metal Roof | 1,970 | 5 | > $10,000 Deductible | 200 | 6 | Stucco siding | No |
1982 | 140,000 | Wood Shake Roof | 1,260 | 2 | $500- $1000 Deductible | 690 | 9 | Stone Siding | No |
1944 | 450,000 | Metal Roof | 2,860 | 4 | $2500-$5000 Deductible | 120 | 1 | Wood siding | No |
1983 | 335,000 | Shingles Roof | 2,770 | 4 | $1000-$2500 Deductible | 240 | 2 | Stucco siding | No |