Vermont Mutual, State Farm and MMG are Vermont's best cheap renters insurance companies. Vermont Mutual offers the most affordable rates. State Farm has the best customer reputation, while MMG and Co-Operative Insurance tie for the most comprehensive coverage options.
Cheap Renters Insurance in Vermont
Updated: May 5, 2025
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Key Takeaways
Vermont Mutual offers the cheapest renters insurance in Vermont at $108 annually; State Farm provides the best overall coverage.
Vermont renters insurance costs about $16 monthly, ranging from $9 to $24.
To find affordable renters insurance, determine your needs first, research costs and compare multiple quotes.
Vermont Renters Insurance Quote Estimates
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Rates updated:
Jun 06, 2025
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Best Cheap Renters Insurance Companies in Vermont
| State Farm | 91 | $17 | $208 |
| Vermont Mutual | 85 | $9 | $108 |
| Co-Operative | 81 | $17 | $198 |
| MMG | 81 | $16 | $192 |
| Concord Group | 76 | $24 | $284 |
*Rates based on good credit, no claims history, $50K property damage, $100K liability coverage, $1,000 deductible and guaranteed replacement.
Compare Personalized Best Cheap Renters Insurance in Vermont
Our list covers most renters, but your ideal options may differ. Use this filterable table to find the best option for your profile in Vermont.
Data filtered by:Results filtered by:
Select
Coverage Level:$50K Personal Property / $100K Liability
Select
Deductible:1000
Select
Claims History:Claim free for 5+ years
Select
Contents Replacement:Yes
Select
Credit Tier:Good
| State Farm | 91 | $11 | $131 |
| Vermont Mutual | 85 | $8 | $100 |
| MMG | 76 | $13 | $159 |
| Co-Operative | 75 | $14 | $169 |
| Concord Group | 71 | $16 | $197 |
Best Vermont Renters Insurance Review
The section below details our top pick for affordability, customer service and coverage options for Vermont renters insurance.
State Farm: Best Cheap Overall
pros
Third most affordable in Vermont
High customer service rankings
Customized coverage choices
cons
Add-on coverages are standard
COMPANY HIGHLIGHTS
State Farm provides Vermont's best cheap renters insurance with 21% below-average rates. The company ranks fourth nationally in customer service. Unlike other providers, State Farm lets you choose your coverage limits rather than offering preset options.
Average Cost of Renters Insurance in Vermont
The average cost of renters insurance in Vermont is $188 per year, $54 less than the national average of $242. These rates reflect a policy with $50K personal property coverage, $100K liability limits and a $1,000 deductible, though your rates may vary based on your profile.
Use the table below to filter factors affecting renters insurance rates and find average rates for your profile.
Data filtered by:Results filtered by:
Select
Coverage Level:$50K Personal Property / $100K Liability
Select
Deductible:1000
Select
Claims History:Claim free for 5+ years
Select
Credit Tier:Good
Select
Contents Replacement:Covered
| $50K Personal Property / $100K Liability | $16 | $188 |
Vermont Renters Insurance: Buyer's Guide
Finding the best and cheapest renters insurance in Vermont can be challenging because of the many choices. This guide will help simplify your search for the right policy.
How to Find the Best Cheap Renters Insurance in Vermont
Follow these steps to find the best policy for your needs:
- 1
Determine the right coverage level
Before shopping, determine how much coverage you need by listing your belongings and their value. Consider local risks like weather damage and crime rates. If you have pets, think about liability coverage for animal-related incidents.
- 2
Research costs and discounts
With your coverage needs in mind, research average costs for someone with your profile. This gives you a baseline for comparing quotes. Look into discounts you might qualify for to save more money.
- 3
Compare providers
Research companies' reputations, typical costs and coverage options before getting quotes. This helps narrow your list to the most promising providers.
- 4
Consider bundling
Check if bundling renters and auto insurance with your current auto insurer makes sense. Car insurance savings can often cover most or all of your renter's insurance costs.
- 5
Compare multiple quotes through different channels
Get at least five quotes with matching coverage levels. Try various channels, including comparison sites, provider websites, insurance brokers and phone calls with agents, as prices can vary.
- 6
Compare rates annually
Insurance prices change frequently. The best provider today might not offer the best value next year. Compare rates annually to ensure you still get the most affordable coverage.
How Much Renters Insurance Do I Need in Vermont?
Vermont law doesn't require renters insurance, but most landlords will likely require at least $100K in liability coverage. Requirements may vary based on your rental history, credit and pets. Consider how much property you want covered, weather risks, local crime rates and pet ownership.
Use our calculator below to determine your ideal personal property limits so you know how much renters insurance you need.
Personal Property Coverage Calculator
When figuring out how much renters insurance you need, experts recommend the standard $100,000 in liability insurance and enough personal property protection to cover your possessions. Use MoneyGeek's calculator to estimate the value of your possessions so you know how much personal property coverage to buy.
clothing & accessories
Clothes, shoes, bags, belts, hats, gloves, etc.
Vermont Renter Risk Considerations
Here are risks specific to Vermont renters and additional coverage considerations:
- Weather risks: Vermont has a high risk of hurricanes and winter storms in certain areas. Standard coverage may not include protection for these threats, requiring a separate purchase.
- Crime risks: Vermont ranks 33rd nationwide for property crime and 49th for identity theft and fraud. Consider add-ons and supplemental property damage coverage.
- Pet ownership: Depending on your pet, consider pet liability coverage. Check how pet coverage works with different providers and whether it's included in standard policies.
- Property types: If you have special tools, valuables, electronics or other structures like a pool that need coverage, standard policies may not suffice. Look for companies with specific add-ons for additional protection.
How Does Renters Insurance Coverage Work?
Renters insurance typically covers property damage, liability and loss of use related to your rental. Add-on coverages can make protection more comprehensive. Common coverage types include:
Coverage Type | Standard or Add-on | Coverage Details |
|---|---|---|
Standard | Reimburses and replaces personal property within your rental up to specified limits. Standard coverage reimburses actual cash value rather than purchase price, unless you have replacement cost coverage. | |
Standard | Covers you if someone gets injured on your property, including medical and legal costs, and is often required by landlords. | |
Additional living expenses | Standard | Covers expenses due to rental home loss, such as meals, lodging and transportation. Coverage is either a percentage of your personal property limits or a flat amount. |
Natural disasters | Add-on | Separate policies for earthquake and flood coverage available with select providers |
Parts/Equipment | Add-on | Separate policies for tools, appliances and utilities in your rental |
Scheduled property | Add-on | Insures specific valuable items up to certain amounts |
Identity theft | Add-on | Protects financially against identity theft, covering stolen funds and legal costs. May include monitoring services. |
Pet liability | Add-on | Protects against injuries caused by your pet on rental property. May be covered in standard policies. |
Modifications | Add-on | Covers non-original rental property parts, including custom additions and modifications |
Food loss | Add-on | Reimburses food lost due to covered incidents |
Best Renters Insurance in Vermont: Bottom Line
Vermont's best and affordable renters insurance companies are State Farm, Vermont Mutual and MMG. While we recommend these options, research for yourself and compare multiple companies and quotes to get the best deal.
Renters Insurance in Vermont: FAQ
Here are answers from our experts to common questions:
What is the cheapest renters insurance company in Vermont?
Vermont Mutual offers the cheapest renters insurance in Vermont, with an average annual premium of $108 or $9 per month.
What is the best renters insurance company in Vermont?
State Farm is the best renters insurance company in Vermont, with a MoneyGeek score of 91 out of 100, due to its great balance of affordability, customer service and coverage options.
How much does renters insurance cost in Vermont?
The average cost of renters insurance in Vermont is $188 per year or $16 per month, 22% lower than the national average. Annual premiums range from $108 to $284.
Is renters insurance required in Vermont?
Vermont doesn't legally mandate renters insurance, but your landlord may require it. Evaluate your needs and circumstances to determine whether buying a policy is right for you. Reasons to get renters insurance include financial protection against common perils and liability costs of third-party injuries.
How We Found the Best Cheap Renters Insurance Companies
To determine the cheapest renters insurance in Vermont, we used this base profile:
- $50K personal property coverage
- $100K liability coverage
- $1,000 deductible
- Property replacement coverage
- Good credit score
This determined our affordability score (60% of the total score). Other factors included company size and add-on coverage selections (10%), customer satisfaction score from industry research (25%) and financial strength ratings (5%).
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- American Red Cross. "Which Natural Disasters Should You Prepare For?." Accessed May 5, 2025.
- Insurance Information Institute. "Facts + Statistics: Identity Theft and Cybercrime." Accessed May 5, 2025.
- U.S. News. "Property Crime Rate." Accessed May 5, 2025.