BestCar InsuranceVermontBest Car Insurance in Vermont (May 2023)
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State Farm is the best car insurance company for full coverage insurance in Vermont. It is also the ideal option for young folks, seniors and those with traffic violations. American Family provides the best minimum coverage and customer service. Allstate is the best option for new vehicle owners, and USAA is ideal for military families.
If you're more concerned with pricing than service quality, we've also listed the cheapest car insurance in Vermont.
BestCar InsuranceVermontBest Car Insurance in Vermont
Best Overall - State Farm
Best for Service - American Family Insurance
Best for Minimum Coverage - American Family Insurance
Best for Young Adults - State Farm
Best for Seniors - State Farm
Best for Driving Offenses - State Farm
Best for New Cars - Allstate
Best for Military - USAA
Best Overall for Car Insurance in Vermont
State Farm offers the best auto insurance for full coverage policies in Vermont. According to our study, the following insurance providers were the top picks:
- State Farm: MoneyGeek score of 89 out of 100 (approximately $490 per year)
- American Family: MoneyGeek score of 88 out of 100 (approximately $594 per year)
State Farm scored well in satisfaction and affordability. It is among the cheapest full coverage insurance providers in Vermont for those wanting to save money on insurance.
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State FarmBest Overall
Score:87
State Farm was rated as the best insurance company in our analysis due to it offering the most affordable insurance and its high level of customer satisfaction. Its full coverage insurance costs $490 on average per year. It offers roadside assistance and rideshare insurance.
More About State Farm
State Farm offers few coverage options, but the ones it offers are important and can be advantageous for most drivers. State Farm's roadside assistance includes mechanical work, locksmith labor, delivery of fuel, batteries, oil or tires and towing, although you must pay for the products supplied).
With the addition of rental car reimbursement coverage to your policy, State Farm will cover up to $500 in vehicle rental fees as well as meals, accommodation, rental car insurance and other transportation charges.
State Farm has the most affordable coverage among the eight insurers we researched and consistently provides superior customer service. According to research performed by J.D. Power and the National Association of Insurance Commissioners (NAIC), the majority of State Farm policyholders are pleased with the company's services.
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American Family Insurance
Score:NaN
Due to its high coverage and affordability scores, American Family is the second-best insurance company. It is the second most affordable insurer thanks to its full coverage insurance, which costs around $594 annually. It offers auto death indemnity coverage and roadside assistance.
More About American Family Insurance
American Family is the second-best option for Vermont residents wanting full coverage insurance. It is also the best in terms of coverage choices. Its auto death indemnity coverage covers the policyholder in the event a vehicle collision resulted in death or bodily injuries, regardless of who is at fault.
According to J.D. Power Customer Satisfaction ratings, the insurer is consistently ranked as one of the best vehicle insurers. Gap insurance from American Family is an add-on coverage that covers the difference between the amount you still owe on your vehicle and the cost to replace it.
Policyholders can even get roadside assistance, rental car reimbursement and accident forgiveness coverage from the insurer. However, American Family does not offer new car replacement or deductible modification.
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State Farm
Score:87
State Farm was rated as the best insurance company in our analysis due to it offering the most affordable insurance and its high level of customer satisfaction. Its full coverage insurance costs $490 on average per year. It offers roadside assistance and rideshare insurance.
More About State Farm
State Farm offers few coverage options, but the ones it offers are important and can be advantageous for most drivers. State Farm's roadside assistance includes mechanical work, locksmith labor, delivery of fuel, batteries, oil or tires and towing, although you must pay for the products supplied).
With the addition of rental car reimbursement coverage to your policy, State Farm will cover up to $500 in vehicle rental fees as well as meals, accommodation, rental car insurance and other transportation charges.
State Farm has the most affordable coverage among the eight insurers we researched and consistently provides superior customer service. According to research performed by J.D. Power and the National Association of Insurance Commissioners (NAIC), the majority of State Farm policyholders are pleased with the company's services.
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American Family Insurance
Score:NaN
Due to its high coverage and affordability scores, American Family is the second-best insurance company. It is the second most affordable insurer thanks to its full coverage insurance, which costs around $594 annually. It offers auto death indemnity coverage and roadside assistance.
More About American Family Insurance
American Family is the second-best option for Vermont residents wanting full coverage insurance. It is also the best in terms of coverage choices. Its auto death indemnity coverage covers the policyholder in the event a vehicle collision resulted in death or bodily injuries, regardless of who is at fault.
According to J.D. Power Customer Satisfaction ratings, the insurer is consistently ranked as one of the best vehicle insurers. Gap insurance from American Family is an add-on coverage that covers the difference between the amount you still owe on your vehicle and the cost to replace it.
Policyholders can even get roadside assistance, rental car reimbursement and accident forgiveness coverage from the insurer. However, American Family does not offer new car replacement or deductible modification.
How the Best Insurers in Vermont Rank: MoneyGeek Scores and Costs
Despite having a low score in terms of coverage choices, State Farm was rated as the best among the eight insurance companies evaluated in Vermont because it offers the most affordable insurance while also ensuring high customer satisfaction. American Family, which was placed second, charges more than State Farm but provides more plan options.
If data was missing for any part of the MoneyGeek rating process, the insurance provider did not receive a score.
Best Car Insurance in Vermont for Customer Service
Drivers in Vermont who value excellent service at any price should seriously consider purchasing auto insurance from American Family. The top options for customer service in the state are:
- American Family: MoneyGeek score of 89 out of 100 (approximately $594 per year)
- Progressive: MoneyGeek score of 85 out of 100 (approximately $874 per year)
While it’s not the cheapest option in the state, American Family scored well in terms of coverage options and customer satisfaction.
pros
Relatively cheap in terms of the competition, costing around $594 annually
Scored well in customer satisfaction
Offers more coverages than the competitors
Its original equipment manufacturer (OEM) coverage can be beneficial to most drivers.
cons
No deductible modification, new car replacement and roadside assistance
Scored lower in claims
Not the cheapest company
COMPANY HIGHLIGHTS
American Family is the best choice for people who value service because it offers insurance that is both affordable and guarantees quality service. Based on information from J.D. Power surveys and the NAIC's customer complaint index, we ranked this insurance provider third in terms of customer satisfaction. It also scored well in affordability and outperformed its competitors in coverage choices.
OEM (original equipment manufacturer) coverage from American Family will cover the cost of original parts replacement to restore your car after a covered event.
Policyholders can also take advantage of accident forgiveness and rideshare insurance. Accident forgiveness ensures your rate doesn’t go up after your first accident, while rideshare insurance is an optional coverage you can add if you work for a rideshare company.
What Makes an Insurer the Best for Customer Service?
If you ever need assistance, it will be when you file a claim, so be sure your insurer is responsive and helpful. Insurers should be quick to respond to questions and helpful during the claims process.
Although American Family scored lower for customer satisfaction than the runner-up, the insurer received a better claims and coverage score, making it the best service provider.
Best Car Insurance in Vermont for Minimum Coverage
MoneyGeek found that American Family is the best among all the Vermont companies offering the cheapest liability insurance coverage. The top companies for affordability and service quality for minimum coverage include:
- American Family: MoneyGeek score of 91 out of 100 (approximately $212 per year)
- State Farm: MoneyGeek score of 91 out of 100 (approximately $197 per year)
American Family scored well in affordability and coverage options. While it may be the most cost-effective option, minimum coverage insurance in Vermont provides little protection against liability costs and does not pay for damage to your car.
pros
Affordable policy costing $212 per year on average
Scored well in coverage and affordability
Offers bundling, new customer and pay-in-full discounts
cons
Subpar claims management
Scored lower in satisfaction
Does not offer discounts for installing anti-theft systems
COMPANY HIGHLIGHTS
American Family, the second-cheapest insurer for minimum coverage policies in Vermont, is the best for minimum coverage. The company has above-average customer satisfaction and offers a good range of coverage options. If you get a policy from American Family, you could be eligible for a variety of discounts, including bundling policies, insuring multiple vehicles, safe driving, going paperless, taking defensive driving lessons and paying in full. These discounts can help you save even more money.
New policyholders and those under the age of 25 who have completed volunteer work for 40 hours are also eligible for discounted rates. Discounts are also offered for low mileage drivers and those who have set up automatic payments or who have been loyal American Family policyholders for a while.
What Makes an Insurer the Best for Minimum Coverage?
Some drivers won't or can't justify spending the money for full coverage. A good minimum coverage insurance policy will be cost-effective and offer the minimum levels of coverage mandated by your state, with the added bonus of potentially lower premiums thanks to applicable discounts.
American Family's average rates are second cheapest to State Farm's, but the company offers more coverage choices and has a better claims rating.
Best Car Insurance in Vermont for Young Adults
The best company in Vermont for young drivers is State Farm. Based on service quality and quotes for full coverage plans purchased by a driver in their 20s, the best providers are :
- State Farm: MoneyGeek score of 89 out of 100 (approximately $611 per year)
- American Family: MoneyGeek score of 88 out of 100 (approximately $775 per year)
State Farm scored well for affordability and satisfaction. While their insurance costs are typically greater than those of middle-aged drivers, younger drivers' costs are generally lower than teens. It is wise to shop around for the cheapest bargain on Vermont auto insurance for young drivers.
pros
The cheapest annual average of $611 for young adults
Good customer satisfaction
Offers good student, distant student and driver’s education discounts
cons
Below average claims management
Low score for coverage options
COMPANY HIGHLIGHTS
With the cheapest premiums among the eight companies we analyzed, MoneyGeek recommends State Farm’s insurance policy for young drivers in their 20s. The company also scored well in terms of customer satisfaction.
State Farm offers discounts to young drivers who can show proof of strong grades or a GPA of 3.0 or above. Additionally, they can receive a separate safe driving discount if they go three years without accumulating any chargeable violations. A distant student discount from State Farm might be available if a student under the age of 25 moves away for school and solely uses the car at home.
State Farm's rideshare insurance ensures that your personal auto policy's medical, emergency roadside assistance and rental car reimbursement coverage remain in force when you work for a ridesharing company.
What Makes an Insurer the Best for Young Adults?
Since young people are seen as a high risk by insurers, the best policy for them would offer savings and potential discounts while still meeting sufficient coverage and quality service.
The best choice is to identify companies that give discounts to drivers under the age of 25. State Farm wins in Vermont because of its excellent customer satisfaction and affordability scores. For young drivers, the company offers discounts like Good Student and Distant Student and Driver's Education.
Best Car Insurance in Vermont for Seniors
The best insurance company for senior drivers in Vermont is State Farm. Our research rated the following two as the top-rated insurers for drivers in their 60s based on affordability and service quality:
- State Farm: MoneyGeek score of 90 out of 100 (approximately $449 per year)
- American Family: MoneyGeek score of 86 out of 100 (approximately $618 per year)
State Farm scored well for affordability and customer satisfaction. Rates are similar for drivers in their 30s, 50s and 60s, but you can expect higher rates in your 70s. Shopping around will help you find the cheapest rates for senior auto insurance in Vermont.
pros
Cheapest premium at around $449 per year
Senior discounts
Impressive customer satisfaction score
Offers rideshare insurance
cons
Lower score for coverage
Subpar claims management
COMPANY HIGHLIGHTS
State Farm was rated as the top choice for senior drivers out of the eight companies we evaluated that provide auto insurance in Vermont. Recent J.D. Power reports indicate that it also has a good customer satisfaction rating, and it has the most affordable rates.
State Farm offers a number of discounts to further lower your premiums. A senior citizen discount is available from State Farm. You might also be eligible for a significant premium discount from State Farm if you insure multiple vehicles with the company or if you go several years without submitting a claim.
This insurer offers only two of the most common types of coverage, including roadside assistance and rental car reimbursement and does not offer accident forgiveness coverage. They also offer rideshare insurance.
What Makes an Insurer the Best for Seniors?
Senior drivers generally pose less risk on the road, so their insurance costs less. They are more prone to serious injuries in an accident, so full coverage insurance, along with PIP (personal injury protection), could be advisable.
Insurer discounts for seniors may save additional money. State Farm provides discounts to senior drivers and has a high affordability and customer satisfaction rating for serving seniors. The runner-up, American Family, did score better in terms of coverage.
Best Car Insurance in Vermont for Drivers With Offenses
State Farm is the best for drivers with traffic offenses. We found the following providers to be the best for drivers with offenses in terms of price and service:
- State Farm: MoneyGeek score of 90 out of 100 (approximately $541 per year)
- American Family: MoneyGeek score of 87 out of 100 (approximately $915 per year)
State Farm is the most affordable insurer in Vermont after a traffic offense and scored well for affordability and satisfaction. Your insurance may likely see an increase of $111 after a speeding ticket, $741 after an at-fault accident and $1,001 after a DUI in Vermont.
pros
Great customer satisfaction
Cheapest premiums at $541 per year on average
Offers roadside assistance and rental car reimbursement
cons
Subpar coverage options and claims management
Does not offer accident forgiveness or new/better car replacement
COMPANY HIGHLIGHTS
For drivers in Vermont with less-than-perfect records, State Farm is the best option for full coverage auto insurance. The insurer is the most affordable for individuals with a history of traffic violations. While you can expect a positive customer service experience from the insurer, claims management might be subpar.
You won't find many coverage options at State Farm, but you can add roadside assistance for a small fee. State Farm refers to it as Emergency Roadside Assistance, and it includes towing, battery replacement, the repair of electrical and mechanical faults, fluid leaks and fixing transmission problems. You can also expect fuel delivery and locksmith assistance if you are locked out of your vehicle. In these cases, the company’s rental car reimbursement may come in handy. However, State Farm's policies and plans do not include accident forgiveness and new/better car replacement.
What Makes an Insurer the Best for Drivers With Offenses?
The best auto insurance company for motorists with offenses is the one that gives them the most for their money, including low premiums and coverages like accident forgiveness and new car replacement.
State Farm does not provide these coverage options but is the insurer with the most reasonable rates and second-highest customer satisfaction among high-risk drivers. The runner-up is better in terms of coverage.
Best Car Insurance in Vermont for Drivers With New Cars
In Vermont, Allstate is the only insurer on our list offering new car replacement coverage. It balances affordability and quality service for motorists with a 2022 model car in Vermont.
- Allstate: MoneyGeek score of 86 out of 100 ( approximately $1,277 per year)
Allstate received a high customer satisfaction and affordability rating from new car drivers in Vermont. If your automobile is less than two model years old, Allstate’s new car replacement will replace it with a brand-new model.
pros
High customer satisfaction score
Offers a range of coverage options
Has new car replacement coverage
cons
Low score in claims management
No better car replacement coverage
Lower satisfaction score
COMPANY HIGHLIGHTS
New car owners in Vermont can purchase Allstate insurance for an annual premium of around $1,277. This is far higher than the typical annual price for its full coverage insurance, but the fact that the company would replace your vehicle with one of similar value is an attractive feature. Among the Vermont insurers we evaluated, only Allstate provides new car replacement coverage. With new car replacement add-on coverage, if your vehicle is less than two model years old and is totaled in a covered accident, you will receive a brand-new vehicle in addition to the depreciated worth of your vehicle.
With the optional accident forgiveness policy provided by the insurer, a driver's premium won't increase due to a single accident, regardless of who was at fault.
What Makes an Insurer the Best for Drivers With New Cars?
For their significant investment, new car owners need to have enough insurance coverage. They get the maximum benefit from add-on coverages, such as new car replacement or better car replacement, which replaces their automobile in the event of covered damage, in addition to full coverage insurance. Therefore, individuals who have recently purchased cars should look for insurers that offer the aforementioned coverage.
Best Car Insurance in Vermont for Military Drivers
In our assessment of the best auto insurance companies for military members, USAA took the top spot with an overall MoneyGeek rating of 94 out of 100. Its annual average rate of $469 is Vermont’s cheapest for service members. If you are eligible, the company is the best fit because of the special rates you may get.
pros
The cheapest in the state, only averaging $469 per year
Ranks number 1 in customer satisfaction and affordability
Offers accident forgiveness and rideshare insurance
cons
Below average scores in claims handling and coverage choices
COMPANY HIGHLIGHTS
USAA is the best option for military personnel and their families. Based on data from J.D. Power and NAIC, it scored best in customer satisfaction among eight insurers. It is also the most affordable in the state for military personnel. In terms of claims processing, it ranks second.
In addition to the usual insurance coverage, USAA also offers accident forgiveness and ridesharing insurance. Coverage gaps may be filled for as little as $6 monthly with USAA's ridesharing insurance add-on.
The company also offers several discounts to active duty and retired military people, including new car discounts and up to 60% discounts for vehicle storage. USAA mileage discount is an additional benefit for people who do not drive frequently. There is even a discount for those who have recently converted from their parents' USAA insurance to independent coverage.
How to Find the Best Car Insurance in Vermont for You
The best car insurance provider combines price, financial stability and a proven record of providing excellent customer service. MoneyGeek's list of the best insurers and their rates may help you select an insurer that meets your needs and profile. If you want to conduct your own research, we will lead you through the steps.
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Research customer service reputations in Vermont
MoneyGeek chose the best insurers for customer service utilizing information from the NAIC consumer complaint index and J.D. Power's customer satisfaction surveys. If you want to find out how good an insurer is at taking care of its customers, reputed and reliable independent agencies might be of help. Visit the Vermont Department of Financial Regulation website to find out more about a certain insurance company in the state.
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Compare quotes
MoneyGeek's quotes are only average prices for our sample driver in Vermont. Your actual rates may vary since insurers consider a range of variables to determine premiums. To obtain a general sense of how expensive your potential auto insurance rates could be, request tailored quotes from a minimum of three different insurance companies.
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Find the coverages you want in Vermont
Most insurers advertise their discounts and coverages, including state-specific ones, on their websites. It's a good idea to check out the websites of your preferred companies to learn more about special discounts and coverage options. Get in contact with the insurer to make sure the online discounts are valid in your state.
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Check financial stability ratings
How well an insurer can pay out claims is reflected in its financial strength rating. The vast majority of insurance providers offering are big companies with sizable financial reserves and little propensity to default on policyholder claims. However, you should still double-check this, especially if you are considering purchasing coverage from a smaller, locally-based insurer. Their creditworthiness is typically poor.
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FAQs About the Best Car Insurance in Vermont
The best auto insurance will depend on your driving history and specific requirements. MoneyGeek answered some frequently asked questions to help you find the best policy.
About Mark Fitzpatrick
sources
- J.D. Power. "Usage-Based Auto Insurance Takes Center Stage as Satisfaction Flatlines, J.D. Power Finds." Accessed January 30, 2023.
- State Farm. "24 Hour Emergency Roadside Service." Accessed January 30, 2023.