Home Insurance in Newfane, Vermont
The median home value in Newfane is $347,400, 24% higher than the Windham County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The median home in Newfane was built in 1939 or earlier. About 78% of homes were built before 1960, about 44 points above Windham County's 34%.
The housing stock in Newfane is 86% single-family homes and 11% apartments in buildings with 5+ units.
In Newfane, about 55% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 31%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 75% of occupied homes in Newfane are owner-occupied.
Most homes in Newfane - 54% - are primarily heated with fuel oil. Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Windham County's top FEMA-rated hazard is hurricane (Relatively Low), per FEMA's National Risk Index. Windham County had 378 active NFIP flood policies as of September 2026. See the full Windham County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Vermont carries a statewide average premium of $1,215 per year.
Key figures
| Median home value | $347,400 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in Windham County | 378 |
| Home insurance premium | $1,215 - statewide average (NAIC, 2023 data) |
Nearby towns
- Westminster
- Saxtons River
- Bellows Falls
- Jacksonville
- Manchester
- Ludlow
- Old Bennington
- North Bennington
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)