Vermont Insurance Requirements & Rates

Vermont requires minimum liability coverage of 25/50/10 (bodily injury per person / per accident / property damage). Vermont is an at-fault state, meaning the driver who caused the accident is responsible for paying damages. Uninsured motorist coverage is required.

Vermont homeowners face risks from flooding, winter storms, ice storms, nor'easters. The flood risk level is moderate and earthquake risk is low. Standard deductibles apply. The average annual home insurance premium is $1,007.

Vermont requires all motorcycle riders to wear helmets. Lane splitting is not legal. The riding season is may–september.

Yes, workers' compensation insurance is required in Vermont. Sole proprietors and partners may opt out. Vermont has approximately 80,000 small businesses, with top industries including Tourism, Agriculture & Food Production, Manufacturing.

Yes, Vermont has expanded Medicaid. The state has its own state-based health insurance marketplace at https://portal.healthconnect.vermont.gov. The uninsured rate is 4%.

Yes, landlords in Vermont can require tenants to carry renters insurance as a condition of the lease. About 34% of Vermont residents are renters, with average monthly rent of $1,100.

With a median household income of $65,015, most Vermont families should consider 10-12x their annual income in life insurance coverage. Currently, 51% of Vermont households have life insurance.