Get Charlotte, VT Home Insurance Rates!

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For current residents and new homeowners of Charlotte, VT, you will be happy to hear that comparing home insurance quotes in your local area has never been easier with our online quoting application. With our one-stop-shop service, you can compare up to 12 competitive homeowners insurance rates based on price, coverage options and ratings. Simply enter your Charlotte Vermont zip code and start comparing the best home insurance rates.

The most common questions we get asked is "What does homeowners insurance cost in my area"? For residents living in Charlotte, VT, the average homeowners policy is around $984 per year, that is only $82 per month. Usually your Vermont homeowners premium will be paid annually, and is handled by your mortgage company. Average home insurance rates are based on a standard homeowners policy, commonly known as an HO-3 home policy. Insurance companies rate risk differently so it is important to let us do the shopping for you and help answer any questions that you may have about your home, coverage options, discounts and more.

Homeowners living in Charlotte:

What would it cost to replace my home?
Insurers will assign a replacement cost value to your home in case it was ever in need of rebuilding. Remember the cost to replace your home is not the same as buying the home because the cost of land does not need to be factored as an expense when replacing the structure. Try our replacement cost coverage calculator to easily generate your total replacement cost coverage, you will see three options to choose from. Those three options are based on the current status of your home like upgraded kitchen and bathrooms. These estimates are considered on a cost per square foot pricing model.

How many people live in Charlotte?
The total city area population for Charlotte, VT is 7,508.

How many homes in the Charlotte area?
The total homes in the city of Charlotte is 1,419 housing units.

What is the average Charlotte household income?
The average income in the Charlotte area is around $108,611.

How much do the homes in Charlotte cost on average?
The average cost of a home in Charlotte is estimated to be around $538,100.

Compare Homeowners Insurance Rates in Charlotte, VT!

Enter your Zip Code:    

Get up to 12 competitive Charlotte, VT homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Charlotte, VT rates all in one place!

Average Rates Nearby Charlotte

Are you looking for homeowners insurance in a city near Charlotte? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Charlotte, VT

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Charlotte.


Charlotte, VT Home Insurance Average Premiums

Local Charlotte, VT home insurance quotes comparison

$511 /yr.

Shows Charlotte's lowest average rates with discounts applied.

For the city of Charlotte, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$511 /yr.
Average Coverage:$761 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1061 /yr.

What is the average home insurance cost for a home in Charlotte, VT?

  • • The average homeowners insurance premium paid annually for a home in Charlotte is around $761 per year.

What does it cost on average per month for home insurance in Charlotte, VT?

  • • Homeowners in Charlotte pay an average cost per month around $63.00 for insurance coverage.

Charlotte, VT - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $695,815 $635,409
February $698,534 $649,847
March $704,017 $666,935
April $709,582 $681,921

Homeowners insurance will help cover the cost to repair or replace your Charlotte home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

  • Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Charlotte
  • Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
  • Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
  • Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
  • Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Enter your Zip Code:    

Get up to 12 competitive Charlotte, VT homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Charlotte, VT rates all in one place!

Saving Money Tips on Charlotte Home Insurance

A great way to save money on Charlotte homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

  • Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
  • Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
  • Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
  • Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Charlotte area? Check out what homeowners are paying on average for Vermont homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation Details Homeowners Tips
594 ft. This is the average home elevation in Charlotte, VT

Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Vermont flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954.

To get online quotes on your home and compare rates on home insurance premiums in Charlotte, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Chittenden County.

Vermont Homeowners Insurance News & Information

  • What happens to my mortgage if my homeowners policy gets cancelled? Posted on Thursday 18th July, 2024

    As more and more insurance companies stop writing policies in certain markets or cancel existing policyholders they find too big of a risk, homeowners are finding their policies cancelled or non renewed. While a cancelled policy is a shock, it doesn’t mean you need to panic.  Following is a brief overview of what to do […]

  • Why Are Homeowners Insurance Premiums Rising in 2024? Posted on Tuesday 9th July, 2024

    As insurance rates rise at unprecedented rates, homeowners are cutting back on groceries, travel, dining out, and even medication to afford the cost of their insurance premiums. In even more shocking news, 1 in 10 homeowners are even consider moving to an area with lower premiums, according to a recent survey by Claimguide. According to […]

  • Coastal Homeowners Insurance in Florida Posted on Monday 8th July, 2024

    Florida has it all, constant sunshine, beaches,plenty of restaurants and entertainment. It also has some of the highest homeowner insurance premiums in the country. According to Value Penguin, the Sunshine State has the 14th most expensive homeowner insurance rates in the country with the average premium coming in at $1,727. While insurance premiums are high all […]

  • Coastal Texas Home Insurance Rates Posted on Sunday 7th July, 2024

    While windstorm insurance is not required in Texas, it is often a necessity if you live near the coast. In certain areas there is a good chance that your mortgage lender will require that you carry a windstorm policy. A windstorm policy will cover damage that is done by wind or hail. These are the […]

  • North Carolina Joint Underwriters and Wind Pool Map Explained Posted on Wednesday 5th June, 2024

    North Carolina is a lovely state to call home. Our state is packed with beautiful cities, museums, restaurants and of course, some of the loveliest beaches in the country. Unfortunately, if you live in one of our amazing coastal southern cities such as Ocean Isle Beach, Sunset Beach, Oak Island Beach, Calabash, Bald Head Island, […]

Charlotte, VT Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Charlotte so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Charlotte, VT?

- The average square footage in Charlotte is around 1,499 Sq. Ft. which would cost you around $538,100 to replace the home if you base the home on the price to build per square foot of $359.

Minimum Replacement Cost Total: $538,100

Location: Charlotte, Vermont (Chittenden County)

Average Building Cost Per Square Foot in Charlotte: $359 (low end)

Average Square Footage in Charlotte: 1,499 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$359$538,100
Some Additional Upgrades$449$672,625
Major Home Updates or Advancements$539$807,150

The dwelling coverage is calculated by the average cost per square foot ($359) in Charlotte, Vermont times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $1,121,875 (Media price to build of $449 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.