North Concord, VT Homeowners Insurance Rate Quotes!

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Did you know North Concord, VT homeowners are now finding easier ways to compare home insurance rates online. At GetHomeInsuranceQuotes.com, we provide superior service when it comes to taking care of your insurance needs. Our online quoting application process has been trusted by thousands of homeowners like you who want a quick way to review and compare rates without any hassle. Our Vermont licensed homeowners insurance professionals are here to help you compare multiple options and our convenient service allows us to answer the questions that you need to get the right coverage at the most affordable price. We provide the best rates from up to 12 or more different carriers that are all highly rated by A.M Best and we shop the policy with you so you know which North Concord insurance policy is best for you. Start your quote today by entering your North Concord zip code for the home you would like to insure!

Average North Concord Homeowners Insurance Premiums

Right now residence of North Concord are paying on average around $61 per month which most homeowners pay annually for homeowners insurance so you are looking to pay around $728 per year. If we can help you shop rates and apply discounts and credits, premiums can range from cheaper prices around $478 per year to upwards of $1,028 a year depending on the overall replacement cost coverage amount needed to rebuild your home if a major peril were to occur. Insurance coverage on a home can be complicated, but we try to help make the shopping easy.

When it comes to homeowners insurance there are a number of different types that are designed to cover the specific type of housing you call home. Here are just a few home insurance coverage types available in North Concord:

  • HO-3: A HO-3 policy is the most common type of homeowners insurance being written today. It offers coverage for all perils, excepting those that are specifically named in the policy as exclusions. Most policies for the city of North Concord have a number of exclusions but the most common ones are flooding and earthquake damage.
  • HO-5: The HO-5 is considered a premium policy and offers broader coverage than the HO-3. It covers your home, other structures, loss of use and your personal belongings as an “all perils” policy, which means that you are covered from everything except exclusions listed in the policy. The big difference is that all of your personal property is covered under the all perils coverage while a HO-3 limits property damage coverage to specially named perils. HO-5 policies can be significantly more expensive.
  • H0-6: This type of policy is specifically written to cover people who live in a condo or a co-op building. This policy type will protect your belongings as well as any structural components of the building that you actually own. The walls of your condo or apartment are examples. HO-6 policies are listed perils policies which means they only cover the perils listed on the policy.

Facts About North Concord Vermont

The city of North Concord Vermont currently has 1,840 residents that call it home. This number translates into 167 households in the area and each household has about 3 people. The median household income is $32,917, which is very close to the national median and home prices in North Concord average $102,900 making it a very affordable city to buy a house.

Compare Homeowners Insurance Rates in North Concord, VT!

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

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

Average Rates Nearby North Concord

Are you looking for homeowners insurance in a city near North Concord? 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 North Concord, VT

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

05858,     

North Concord, VT Home Insurance Average Premiums

Local North Concord, VT home insurance quotes comparison

$478 /yr.

Shows North Concord's lowest average rates with discounts applied.

For the city of North Concord, 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)
$478 /yr.
Average Coverage:$728 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1028 /yr.

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

  • • The average homeowners insurance premium paid annually for a home in North Concord is around $728 per year.

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

  • • Homeowners in North Concord pay an average cost per month around $61.00 for insurance coverage.

North Concord, VT - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $0 $0
February $0 $0
March $0 $0
April $0 $0

Homeowners insurance will help cover the cost to repair or replace your North Concord 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 North Concord
  • 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 North Concord, VT homeowners insurance rates all in one place!

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

Saving Money Tips on North Concord Home Insurance

A great way to save money on North Concord 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 North Concord 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
1220 ft. This is the average home elevation in North Concord, 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 North Concord, 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 Essex County.

Vermont Homeowners Insurance News & Information

  • Florida has 7 New Home Insurance Companies Entering the Market Posted on Friday 1st March, 2024

    Recently, Florida has seen seven new insurance companies enter the market for homeowners coverage. Currently, the average premium for homeowners coverage is $6,000 a year in the Sunshine state compared to a nationwide average of just $1,700 a year, according to the Insurance Information Institute.  The Insurance Information Institute is hopeful that the new insurance […]

  • 2024 Average Homeowners Insurance Rate at $2,777 per year  Posted on Tuesday 20th February, 2024

    A recent report by Insurance.com, found that the average homeowners insurance rate in the U.S. came in at $2,777 per year which breaks down to $231 a month. The average was based on coverage levels of $300,000 in dwelling and liability and a $1,000 deductible. When Insurance.com ran the numbers, Oklahoma was the most expensive […]

  • NC Residents Speak Against 42% Rate Increase Requested by Rate Bureau Posted on Tuesday 13th February, 2024

    During a recent public comment session held by the North Carolina Department of Insurance, dozens of North Carolina residents spoke out against an average rate increase of 42% that the North Carolina Rate Bureau is requesting.  The Rate Bureau represents insurance companies in the state and earlier this year requested average rate increases of 42%. […]

  • Is Homeowners Insurance Part of Your New Years Resolution? Posted on Wednesday 31st January, 2024

    The New Year is here for 2024, and you have probably made a list of resolutions involving everything from eating better to losing a bit of weight. One thing that should be on everyone’s list is a review and update of their homeowners policy. The beginning of the year is a great time to pull […]

  • North Carolina: 2024 Homeowners Insurance Rate Increase Proposed Posted on Friday 19th January, 2024

    Recently, the North Carolina Rate Bureau requested that the N.C. Department of Insurance allow increases to homeowners’ insurance rates by an average of 42.2 percent. If the NCDOI agrees, the proposed rates will go into effect Aug. 1. However, it is also possible that the NCDOI will not agree to the increase and deny the […]

North Concord, VT Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in North Concord 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 North Concord, VT?

- The average square footage in North Concord is around 647 Sq. Ft. which would cost you around $102,900 to replace the home if you base the home on the price to build per square foot of $159.

Minimum Replacement Cost Total: $102,900

Location: North Concord, Vermont (Essex County)

Average Building Cost Per Square Foot in North Concord: $159 (low end)

Average Square Footage in North Concord: 647 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$159$102,900
Some Additional Upgrades$199$128,625
Major Home Updates or Advancements$239$154,350

The dwelling coverage is calculated by the average cost per square foot ($159) in North Concord, 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 $496,875 (Media price to build of $199 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.