Is HCP Terraform or Rapid7 InsightVM better?

Neither clearly leads. HCP Terraform starts at Free and Rapid7 InsightVM at $1.62/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.

Which is cheaper, HCP Terraform or Rapid7 InsightVM?

HCP Terraform has a free tier; the other does not. Paid plans start at Free for HCP Terraform and $1.62/month for Rapid7 InsightVM.

Does HCP Terraform or Rapid7 InsightVM run on more platforms?

HCP Terraform runs on Web. Rapid7 InsightVM runs on Web, Cloud, Api.

Can I use HCP Terraform for free?

Yes. HCP Terraform has a free tier, so you can try it without paying. Rapid7 InsightVM starts at $1.62/month.

What is HCP Terraform best used for?

HCP Terraform is most often used for infrastructure as code management, cloud resource provisioning. Of those, infrastructure as code management and cloud resource provisioning are not what Rapid7 InsightVM is typically brought in for.

What can HCP Terraform do that Rapid7 InsightVM cannot?

Rapid7 InsightVM covers Asset discovery, Vulnerability scanning, Risk prioritization, Threat intelligence.

Developer Tools · head to head

HCP Terraform vs Rapid7 InsightVM

HCP Terraform

Developer Tools

Infrastructure as code provisioning and management, formerly Terraform Cloud

From: Free
Free plan: Yes

Full review Website

Rapid7 InsightVM

Cybersecurity

Vulnerability management at scale

From: $1.62/month
Free plan: No

Full review Website

The short version

Only HCP Terraform has a free tier, so it costs nothing to try first.
Each has a real cost: HCP Terraform legacy free version deprecated; no current freemium tier; Rapid7 InsightVM insightVM is now sold inside Exposure Command rather than as a standalone product
Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which HCP Terraform and Rapid7 InsightVM actually diverge.

Attributes where HCP Terraform and Rapid7 InsightVM differ
Attribute	HCP Terraform	Rapid7 InsightVM
Starting price	Free	$1.62/month
Free tier	Yes	No
Platforms	Web	Web, Cloud, Api
Category	Developer Tools	Cybersecurity
Founded	Unknown	2000

Identical on both: pricing model (usage-based), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in HCP Terraform

Nothing recorded that Rapid7 InsightVM does not also cover.

Only in Rapid7 InsightVM

Asset discovery
Vulnerability scanning
Risk prioritization
Threat intelligence
Custom policies
Remediation tracking
Compliance reporting
API access

What people use each for

The jobs each tool is most often brought in to do.

HCP Terraform

Infrastructure as Code managementnot Rapid7 InsightVM
Cloud resource provisioningnot Rapid7 InsightVM

Rapid7 InsightVM

Vulnerability management and risk assessmentnot HCP Terraform
Web application security scanningnot HCP Terraform
Cloud infrastructure security monitoringnot HCP Terraform

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

HCP Terraform

Legacy free version deprecated; no current freemium tier
New users receive $500 credit but still require usage to continue service
Terraform Enterprise requires custom pricing

Rapid7 InsightVM

InsightVM is now sold inside Exposure Command rather than as a standalone product
Rapid7 states pricing is not publicly listed and is provided by custom quote based on the customer's environment
Billing counts billable assets including devices, software, identities, cloud compute instances and applications, so the asset count grows faster than a device inventory suggests
Cloud security, compliance, infrastructure as code scanning and application security testing require the Ultimate package rather than Essentials
Volume discounts are described as commonly available for larger asset counts, so smaller buyers pay the higher unit rate

Pricing, plan by plan

HCP Terraform

Free

Essentials$0.1/month
- Per resource pricing
- Remote state storage
- VCS connection
Standard$0.47/month
- Per resource pricing
- Essentials features plus unlimited modules
- Module deprecation
Premium$0.99/month
- Per resource pricing
- Standard features plus module revocation
- Waypoint actions

Rapid7 InsightVM

$1.62/month

InsightVM$1.62/month per asset
- Vulnerability risk management
- Unlimited user accounts
- 24/7 technical support
InsightAppSec$175/month
- Web application security
- Per application pricing
- Unlimited user accounts
InsightCloudsec$5775/month
- Cloud security
- Up to 500 instances
- Unlimited user accounts

Which should you pick?

Choose HCP Terraform if

You want to start without paying.

HCP Terraform review

Choose Rapid7 InsightVM if

You need asset discovery.
You work on Web, Cloud, Api.
You also want vulnerability scanning.

Rapid7 InsightVM review

Questions people ask

Is HCP Terraform or Rapid7 InsightVM better?: Neither clearly leads. HCP Terraform starts at Free and Rapid7 InsightVM at $1.62/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, HCP Terraform or Rapid7 InsightVM?: HCP Terraform has a free tier; the other does not. Paid plans start at Free for HCP Terraform and $1.62/month for Rapid7 InsightVM.
Does HCP Terraform or Rapid7 InsightVM run on more platforms?: HCP Terraform runs on Web. Rapid7 InsightVM runs on Web, Cloud, Api.
Can I use HCP Terraform for free?: Yes. HCP Terraform has a free tier, so you can try it without paying. Rapid7 InsightVM starts at $1.62/month.
What is HCP Terraform best used for?: HCP Terraform is most often used for infrastructure as code management, cloud resource provisioning. Of those, infrastructure as code management and cloud resource provisioning are not what Rapid7 InsightVM is typically brought in for.
What can HCP Terraform do that Rapid7 InsightVM cannot?: Rapid7 InsightVM covers Asset discovery, Vulnerability scanning, Risk prioritization, Threat intelligence.

Answered from the vendors’ own pages

HCP Terraform: How much does HCP Terraform cost?

HCP Terraform uses per-resource pricing starting at $0.10/month/resource for Essentials, $0.47/month/resource for Standard, and $0.99/month/resource for Premium.

Source

Rapid7 InsightVM: What is the starting price for Rapid7 InsightVM?

InsightVM starts at $1.62 per month per asset, with example pricing provided for 500-asset deployments.

Source

HCP Terraform: Does HCP Terraform offer a free tier?

No, the legacy free version has been deprecated. However, new users receive $500 credit to try the service.

Source

Rapid7 InsightVM: How much does InsightAppSec cost?

InsightAppSec starts at $175 per month per application for web application security scanning.

Source

HCP Terraform: What does the Standard plan include?

Standard plan at $0.47/month/resource includes unlimited modules, module deprecation, team notifications, no-code provisioning, and Waypoint templates.

Source

Rapid7 InsightVM: What does InsightCloudsec cover?

InsightCloudsec starts at $5,775 per month for cloud security monitoring of up to 500 instances.

Source

Rapid7 InsightVM: Do Rapid7 products include unlimited user accounts?

Yes, all Rapid7 products include unlimited user accounts, 24/7 technical support, single sign-on, and customer-success team access.

Source

HCP Terraform vs Rapid7 InsightVM

HCP Terraform

Rapid7 InsightVM

The short version

Where they differ

What each one covers

Only in HCP Terraform

Only in Rapid7 InsightVM

What people use each for

HCP Terraform

Rapid7 InsightVM

Where each one falls short

HCP Terraform

Rapid7 InsightVM

Pricing, plan by plan

HCP Terraform

Rapid7 InsightVM

Which should you pick?

Choose HCP Terraform if

Choose Rapid7 InsightVM if

Questions people ask

Answered from the vendors’ own pages

Related pages

More on HCP Terraform

More on Rapid7 InsightVM

Keep looking

Other head to heads