Vermont Home Insurance – Get More for Less

Homeowners pay an average of $650 per year for Vermont home insurance*—roughly $54 per month. But homeowners in the Green Mountain State can get better Vermont home insurance coverage for less money by following the tips in this article.

How much Vermont Home Insurance is Enough?

Your Vermont home insurance policy should provide enough coverage to completely rebuild your home and replace all your personal possessions should your home be completely destroyed by a storm, fire or other disaster.

Remember that the cost to rebuild your home may be higher than your home’s current value. For instance, a home valued at $200,000 may cost $240,000 or more to be rebuilt.

To determine exactly how much coverage you need, contact a licensed Vermont home insurance agent.

3 Ways to Save on Home Insurance

Many homeowners cut coverage to reduce homeowners insurance rates. Obviously, that’s not the best approach, especially considering the severe ice storms that batter Vermont storms each winter.

Instead, save money without reducing coverage by following these three money-saving tips:

• Shop around – rates vary by insurer, and shopping around is the best way to find a more affordable policy.
• Raise your deductible – By raising your deductible, you lower the cost of your premium. Make sure you have enough cash on-hand to cover a higher deductible should you need to file a claim, though.
• Look for discounts – Vermont home insurance companies offer discounts to senior homeowners, homes with security systems and smoke alarms, etc.

Whether you live in Springfield, Newport or any town in between, homeowners in the Green Mountain State should make sure they have affordable home insurance that covers all their needs.

Shop and compare Vermont home insurance policies by visiting InsWeb’s homeowners insurance quote form.

*Insurance Information Institute