The Best Car Insurance in Vermont for 2022
The best car insurance companies in Vermont deliver a balance of affordability, financial stability and customer satisfaction. According to MoneyGeek's research, the best auto insurer in Vermont is Allstate. This company ranked first for affordability, tied for first in user satisfaction and claims and placed second in financial stability.
Compare Auto Insurance Rates
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
We compared premiums, customer service and other factors to compare insurance companies. Although MoneyGeek rated Allstate as Vermont's best insurer, the best company and quote for you depends on your personal circumstances and characteristics.
MoneyGeek also looked into Vermont's cheapest auto insurance providers for drivers who value price over all other factors.
The Best Car Insurance in Vermont
Best Car Insurance Companies in Vermont: Overall
Using claims ratings, average rates and user satisfaction as criteria, MoneyGeek ranked the best car insurance companies in Vermont.
According to MoneyGeek, the following insurance providers are the best in the state:
- Allstate: 4.3 out of 5
- GEICO: 4.1 out of 5
USAA received a MoneyGeek score of 5 out of 5, making it one of the best insurance companies in Vermont. However, we did not include this insurer in our overall analysis, as only military members and their families can purchase its policies.
The Top 5 Car Insurance Companies in Vermont
Allstate offers annual policies at an average of $652. This provider scored the highest in affordability, tied for first in user satisfaction and claims and placed second in financial stability. Allstate also offers custom parts coverage.
Allstate's custom equipment insurance covers expenses related to replacing stolen or damaged aftermarket components, personal devices, and audio and/or video equipment. Also, Allstate Ride for Hire can help to cover gaps for insuring rideshare vehicles. This coverage activates while your application is running and you wait for ride requests.Read MoneyGeek's Allstate auto Insurance Review
The second-best firm in the state, GEICO, offers annual plans at an average of $701. This insurer ranked second in affordability. tied for first in financial stability and user satisfaction and landed second in claims. GEICO also offers unique mechanical breakdown insurance (MBI).
If your car is under 15 months old and has less than 15,000 miles on it, GEICO's MBI covers all parts and systems. To avoid an increase in your insurance rate after your first at-fault accident, you can earn or purchase GEICO accident forgiveness coverage.Read MoneyGeek's GEICO auto Insurance Review
State Farm, Vermont's third-best insurer, offers policies at an average cost of $717 yearly. This provider ranked third in affordability, tied for first in financial stability and user satisfaction and ranked second in claims. State Farm also offers insurance for drivers working for ridesharing companies.
State Farm's rideshare insurance add-on ensures that your auto insurance policy's medical, roadside assistance and rental car reimbursement coverage remain in place while working for a ridesharing company. When the app is open and you are waiting for a ride, your auto insurance coverage applies.Read MoneyGeek's State Farm auto Insurance Review
Nationwide ranked fourth for affordability, with average annual coverage at $797. This provider tied for first in claims and ranked second in financial stability and user satisfaction ratings. Nationwide also offers additional identity theft coverage.
Identity theft covers drivers for damages up to $25,000 if they or anyone in their homes falls victim to identity theft or fraud. If your automobile is totaled as a result of an accident, this coverage may reimburse the difference between the cash value and what you owe on the lease or loan.Read MoneyGeek's Nationwide auto Insurance Review
MetLife tied for second in claims and financial stability ratings and has average user satisfaction and affordability ratings. The company delivers an annual average premium of $1,050. MetLife’s original equipment manufacturer (OEM) coverage can be a valuable add-on for some drivers.
MetLife is now part of Farmers and offers the same coverage and benefits. The insurer’s OEM insurance covers the cost of repairing components for cars up to ten years old. Furthermore, MetLife's glass deductible modification coverage reduces your comprehensive deductible to $100 when the damage is restricted to glass.Read MoneyGeek's MetLife auto Insurance Review
MoneyGeek examined the best full-coverage car insurance policies in Vermont by comparing quotes from multiple companies. We also pulled data from the National Association of Insurance Commissioners (NAIC) and J.D. Power's customer satisfaction and claim ratings.
Each insurance company maintains specific procedures for evaluating quotations. MoneyGeek’s methodology page offers additional insight into our research process.
MoneyGeek's Vermont Car Insurance Resources:
Compare the Best Insurance Options in Vermont
The amount of coverage, quality of service and financial strength of Vermont's insurers all affect auto insurance rates. Your age and driving record can also affect premiums. Always determine if an insurer can offer coverage that meets your specific needs. MoneyGeek's in-depth review of the top car insurance companies in Vermont can help drivers compare plans and quotes to find their ideal provider.
Car Insurance Comparison Tool
Best Car Insurance in Vermont for Customer Service
MoneyGeek’s analysis also rated the best insurers in Vermont for customer service based only on user satisfaction and claims ratings. We found that the following two companies ranked the highest in customer service ratings:
- Allstate: 4.5 out of 5
- State Farm: 4.3 out of 5
The Top 2 Car Insurance Companies in Vermont for Service Quality
Allstate ranked as the best company for customer service in Vermont, with high user satisfaction and claims scores of 4.5 out of 5. It also tied in second place for financial stability.
Allstate’s Portable electronics and media coverage add-on for comprehensive insurance covers loss of any tapes, compact discs or similar goods used with your car's sound system. With its deductible modification, you will receive a $100 discount on your deductible on the day you sign up with Allstate. An additional $100 safe driving discount applies each year for a maximum of $500.Read MoneyGeek's Allstate auto Insurance Review
With the best financial stability and user satisfaction scores, State Farm ranked first place for customer service. It also tied in second place for claims ratings.
Drivers can receive compensation for services like mechanical labor, towing, gasoline or battery delivery and tire replacement with State Farm's additional roadside assistance coverage. If you lose, misplace, or lock your car key inside your vehicle, you can get up to an hour of free locksmith assistance.Read MoneyGeek's State Farm auto Insurance Review
Best Car Insurance in Vermont for Drivers on a Budget
Drivers on a tight budget can buy basic minimum insurance as required by their state. MoneyGeek evaluated the insurance companies in Vermont using quotations for the state minimum insurance plans.
Vermont drivers on a budget may find the following two insurance companies the best:
- Allstate: 4.4 out of 5
- State Farm: 4 out of 5
MoneyGeek’s Pick: Allstate
An affordable minimum coverage policy at an average of $242 per year
Discounts for bundling insurances, paying in full and paying your premiums responsibly
Excellent claims and user satisfaction score of 4.5 out of 5
No discount for insuring multiple cars
Individuals with clean driving records — no tickets or accidents in the last few years — can pay discounted premiums with Allstate. Insurance bundling of your home/condo insurance or renter's insurance with your Allstate insurance can also qualify you for further discounts.
Customers who opt for paperless billing can save money on premiums through Allstate's eSmart program. Furthermore, drivers who have paid their premiums responsibly in the last year may receive additional discounts.
The following advantages and disadvantages of Allstate auto insurance may be of interest to customers looking for minimum coverage:
Best Car Insurance in Vermont for Poor Driving Records
MoneyGeek also assessed Vermont's auto insurance providers based on average rates for drivers with a history of traffic offenses, including at-fault accidents. The top-rated companies prioritize customer service and offer affordable rates for drivers with accident(s) on their records.
For individuals with bad driving records, the following insurance companies in Vermont offer the best rates and service:
- Allstate: 4.3 out of 5
- State Farm: 4.2 out of 5
MoneyGeek’s Pick: Allstate
An affordable full-coverage policy for individuals with bad driving records, at an average of $867 per year
Offers roadside assistance, rental car reimbursement, accident forgiveness and new car replacement coverage
Satisfaction and claims ratings of 4.5 out of 5
Does not offer better car replacement coverage
Allstate offers the most affordable auto insurance in Vermont for individuals with poor driving records, at an annual average of $867. The company received excellent claims and user satisfaction scores of 4.5 out of a possible 5.
Allstate’s discounts and coverage are available to customers with poor driving records, including the following:
- Roadside Assistance: This coverage reimburses costs for towing and labor if the car is undrivable up to a certain period. Jumpstarts, flat tire repairs, delivering fuel and towing services are all included in this package.
- Rental Car Reimbursement: Allstate’s transportation expense coverage handles the cost of hiring a rental car for up to a particular dollar amount per day if you experience a covered collision or comprehensive loss.
- New Car Replacement: With this coverage, Allstate can replace a vehicle less than two model years old with a new car.
- Accident Forgiveness: This additional coverage keeps your rates from increasing in the case of an at-fault automobile accident.
A driver with a violation on their driving record can consider the following features with Allstate:
Best Car Insurance in Vermont for a Military Background
For current and former military members in Vermont, USAA is the top car insurance provider, according to MoneyGeek. Across all categories, the company scored a perfect 5 out of 5.
USAA's state minimum auto insurance costs an average of $160 per year. For individuals with a history of at-fault incidents, the premium rises to $534 per year, on average.
MoneyGeek’s Pick: USAA
An affordable full coverage policy at an average of $534 per year
Claims and user satisfaction rating of 5 out of 5
Offers rideshare insurance coverage
Offers discounts for garaged cars
Only available for current and former military personnel and their families
Along with affordable insurance policies, USAA is well-known for its excellent customer service and strong reputation across the country.
USAA also delivers the following additional benefits to its policyholders:
- Rental Car or Travel Reimbursement: Drivers can add this coverage at a premium to cover the cost of a rented car while their vehicle undergoes repairs after a covered loss.
- Rideshare Insurance: While you're waiting for a rideshare request, you can safeguard yourself with USAA's rideshare gap coverage. This coverage is available for as little as $6 per month for some customers.
- Vehicle Storage Discount: If you store your vehicle in a garage, you can save up to 15% on your comprehensive insurance premiums.
- Legacy Discount: Drivers under 25 who were previously covered by their parents' USAA policies can receive a discount when purchasing their own coverage.
Best Car Insurance in Vermont for Young Drivers and Students
Insurance companies consider young drivers as riskier to insure due to their lack of experience on the road. Fortunately, students and young drivers in Vermont can receive affordable car insurance with top-notch service.
The two companies in the state that provide the best and most affordable insurance for young drivers are:
- Allstate: 4.7 out of 5
- State Farm: 3.8 out of 5
MoneyGeek’s Pick: Allstate
The most affordable quotes for adding young drivers to a policy, at an average of $1,564 per year
Offers student, driver's education and distant student discounts
Good claims and user satisfaction ratings of 4.5 out of 5
Insuring young drivers or including them on a parent's policy can be expensive. Allstate offers cheaper insurance with excellent service. Young and inexperienced individuals tend to contact customer service more frequently than seasoned drivers, making strong customer service more important to these consumers.
Allstate offers discounts to students, as well. Full-time enrollees who earn good grades can pay reduced rates. These drivers can also save on your insurance premiums by completing a teenSMART driving education course. Student policyholders who attend school more than 100 miles from where their car is parked also qualify for cheaper insurance rates.
According to MoneyGeek's research, Allstate is the best insurance company for first-time drivers, new drivers and students for the following reasons:
Best Car Insurance in Vermont for Those With New Cars
New automobile owners may seek policies that cover the cost of replacing their recently purchased vehicles. By paying additional premiums for new car replacement coverage, you can receive compensation for the cost of a comparable model and brand if your car is totaled in a covered loss during the first few years of ownership.
Additionally, insurance companies with better car replacement coverage may provide a newer model car if your vehicle becomes totaled. Cars under the age of five years old are usually eligible for this coverage. This additional coverage costs extra for drivers.
Allstate has the top overall MoneyGeek rating in Vermont for new cars, with a score of 4.3 out of 5.
MoneyGeek’s Pick: Allstate
Low-cost policies at an average of $652 per year
Offers new car replacement coverage
Does not offer better replacement coverage
Allstate, due to its outstanding user satisfaction, claims and affordability ratings, is the best insurance company in Vermont for drivers with new automobiles. This insurer also provides new car replacement coverage.
Your car loses value after driving it off the lot, but an accident can drastically lower its value, regardless of its age. If your car is less than two model years old, Allstate compensates you to buy a new car if your vehicle becomes totaled.
Best Car Insurance in Vermont for Low-Mileage Drivers
Several insurance providers offer pay-per-mile insurance. This coverage can benefit individuals who do not drive often by allowing them to pay based on the amount of miles they drive each year. Nationwide SmartMiles is the best pay-per-mile program in Vermont.
MoneyGeek’s Pick: Nationwide
Affordable policies for infrequent drivers
Claims rating of 4.5 and a customer satisfaction score of 4 out of 5
More expensive than a standard auto insurance policy for frequent drivers
Nationwide's SmartMiles program offers a fixed and a variable rate, depending on total miles driven. This program tracks the first 250 miles of a road trip. Individuals who do not drive very often but occasionally travel on road trips can benefit from this coverage. Drivers with clean records may also receive discounts.
How to Find the Best Car Insurance in Vermont in For You
Drivers need to consider many factors to find the best car insurance in Vermont. Make sure to research financially sound insurance companies that offer affordable insurance plans and great customer service.
MoneyGeek ranked the top auto insurance companies in Vermont based on these factors. However, each driver should conduct their own research to identify their ideal provider.
Research Customer Service Reputations in Vermont
To find the best car insurance companies in Vermont, MoneyGeek gathered quotes from several providers for a sample driver profile. In addition to MoneyGeek's recommendations, you can also refer to J.D. Power's ratings and the NAIC's complaint index to find Vermont's best insurance providers. The Vermont Department of Motor Vehicles website contains additional information about car insurance in the state.
Compare Quotes for Yourself
MoneyGeek researched insurance rates for a sample driver to assess the best insurance rates in Vermont. For a better picture of average prices and coverage in the state, compare quotes from at least three different insurers.
Make Sure the Company Has the Coverage You Want in Vermont
Before buying auto insurance, check to see if each company offers the coverage, discounts or benefits for your unique circumstances. Some insurers do not specify whether their discounts or additional coverage are available for Vermont's residents.
Double-Check Financial Stability Ratings
Consider the company's financial standing before making a purchase. When it comes to paying claims, larger insurance companies have a better track record. Regional insurance companies may not process claims as quickly or fairly.
FAQs About the Best Car Insurance in Vermont
Multiple factors can affect the insurance rates in Vermont, including the amount of required coverage. MoneyGeek answered some frequently asked questions for a quick glimpse into Vermont’s car insurance details.
MoneyGeek partnered with Quadrant Information Services to compile data on Vermont's auto insurance market. We used a sample profile of a 40-year-old male with a clean record who drives a 2010 Toyota Camry LE. This sample driver sought comprehensive and collision insurance coverage of 100/300/100 with a $1,000 deductible. MoneyGeek's methodology page offers more details on our research.
AM Best, J.D. Power and the NAIC provided ratings for user satisfaction, financial strength and claims satisfaction. MoneyGeek obtained figures for discounts and coverage rates directly from each insurer's website.
About the Author