The Cheapest Car Insurance in Vermont for 2022

Although Vermont Mutual offers the cheapest car insurance in Vermont, factors such as coverage amounts, driving history, age and credit score also determine your premiums.

For example, State Farm is the cheapest for drivers with a DUI on their record. If you’re from a military family, however, you may be eligible for car insurance through USAA, which is one of the cheapest options on the market.

For those looking for an even more local solution, we also broke down the cheapest companies by city, as well as the best car insurance companies in Vermont for those looking to balance quality service and cost.

To find out how MoneyGeek calculated the cheapest car insurance in Vermont, read our methodology.

cheapestauto insuranceVermont2022

The Cheapest Car Insurance in Vermont

Cheapest for minimum liability - Vermont Mutual

Cheapest for full coverage - Vermont Mutual

Cheapest for drivers with a DUI - State Farm

Cheapest after an accident - Vermont Mutual

Cheapest for drivers with a ticket - State Farm

Cheapest for drivers with bad credit - Allstate

Cheapest for senior drivers - Vermont Mutual

Cheapest for student drivers - Allstate

The most affordable auto insurance coverage in Vermont is a minimum liability policy. These policies meet the minimum car insurance requirements of the state but provide limited protection to Vermont residents.

According to MoneyGeek’s findings, the most affordable companies in Vermont for minimum liability coverage are:

• Vermont Mutual: $206 per year
• Allstate: $242 per year

USAA has an even lower average rate of $160 per year, but its coverage is only available to military personnel and their families. The insurer with the highest rates for minimum liability insurance in Vermont is MetLife, costing $696 per year on average.

Cheapest Minimum Car Insurance in Vermont

These prices are only estimates based on rates for an average Vermont driver and should not be used to compare insurance prices.

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Vermont’s full coverage car insurance policy offers higher liability limits and comprehensive and collision insurance covering on-road and off-road accidents.

A full-coverage policy covers damage to your car, although it is often more costly than minimum liability insurance. Comparing quotes from multiple car insurance companies can help you secure the lowest rates for your insurance needs.

Based on MoneyGeek’s research, the cheapest companies for full coverage in Vermont are:

• Vermont Mutual: $479 per year
• Allstate: $652 per year

If you're in a military family, USAA's $389 average annual rate is likely your most affordable option. Progressive has the highest car insurance rates in the state, with an average cost of $1,432 per year.

Cheapest Full Coverage Car Insurance in Vermont

Your car insurance costs may vary from the above figures depending on factors like age and driving history. These costs represent a policy with comprehensive and collision coverage of $100,000 in bodily injury liability per person, $300,000 in bodily injury coverage per accident and $100,000 in property damage per accident.

Most car insurance companies in Vermont allow customers to request accurate quotes through their websites easily.

• While looking for the best car insurance rates, specify consistent limits to all the potential providers. For example, if you ask for a quote for a policy with $50,000 in bodily liability insurance per accident from one provider, use the same amount for quotes from other providers.
• Use MoneyGeek’s car insurance calculator to get a quote estimate. If you want a personalized quote, you’ll have to enter more information. Alternatively, you can use MoneyGeek’s price study to identify the cheapest companies to contact for a quote.
• Based on MoneyGeek's findings, Vermont's cheapest car insurance providers are USAA, Vermont Mutual and Allstate

Auto Insurance Calculator

State

Vermont

Age

30-65

Driving Record

Clean

Credit Score

Excellent

Vehicle Type

Compact

Vehicle Year

2020

Liability Coverage

State Min

Comprehensive and Collision Insurance

None

Gender

Female

Add Student Driver

Average Annual Auto Insurance Rates

Click the section of the wheel in your price range to see options.

low end

on average

high end

Click your preferred price range to see company options.

Click an insurer below to visit their review page or continue to your personalized quote.

Company

Average Annual Rates

1.

USAA

$162

2.

Vermont Mutual

$202

3.

Allstate

$232

4.

Concord Group

$313

5.

State Farm

$339

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Drivers with serious traffic offenses like driving under the influence (DUI) are riskier to insure in Vermont and will pay higher car insurance costs. They are also often required to file an SR-22. The average cost for a driver without a DUI is $812 per year, while one with a DUI pays $1,484.

The cheapest car insurance companies for drivers with a DUI in Vermont are:

• State Farm: $784 per year
• Allstate: $878 per year

USAA has the lowest rates for military drivers with or without a DUI, and its coverage for drivers with a DUI averages $758 per year.

Average Car Insurance Rates With a DUI

The real costs of a DUI impact your car insurance rates for years, but comparing personalized quotes from multiple auto insurance companies can help you find the best rate. If you can’t obtain insurance after a DUI, exploring state-sponsored auto insurance programs can provide a solution. These programs were created to provide insurance to high-risk drivers while sharing the risk of insuring this type of driver between multiple providers.

At-fault drivers in Vermont pay more for coverage. On average, an at-fault driver pays $1,089 per year for car insurance.

The cheapest car insurance for at-fault drivers in Vermont are:

• Vermont Mutual: $479 per year
• State Farm: $851 per year

If you’re eligible, you can opt for USAA, one of the cheapest options at an average cost of $534 per year for drivers with an at-fault accident on their record.

Cheapest Car Insurance With an At-Fault Accident

Vermont drivers with minor traffic violations, such as speeding tickets, pay more for car insurance. A ticket for distracted driving or other offenses makes you a higher-risk driver to insure, which will impact your monthly premiums.

A driver with a speeding ticket pays $963 per year on average, while drivers without tickets pay $812.

The cheapest companies for drivers with speeding tickets in Vermont are:

• Vermont Mutual: $569 per year
• Allstate: $742 per year

USAA remains the cheapest insurance option for military drivers with or without speeding tickets, as its average rate is only $440 for drivers with tickets.

Average Car Insurance Rates With a Ticket

According to the National Highway Traffic Safety Administration (NHTSA), distracted driving resulted in 60 crashes in the state of Vermont in 2018. If you find yourself searching for affordable car insurance after a distracted driving or speeding ticket, know that your rates will likely increase. Finding cheap insurance for drivers with a ticket can be done by comparing quotes with more than one of the top-rated auto insurance companies in Vermont. The above table illustrates estimates of what Vermont residents can expect to pay if they’re penalized for speeding or distracted driving.

A traffic violation will impact your rates, especially if your distracted driving causes an accident, but for how long depends on your insurance provider and your driving record before the incident. A citation from distracted driving can make you a higher-risk driver, which will impact your monthly premiums. Compare car insurance quotes from multiple providers to find the best rates after a citation.

Vermont drivers with bad credit scores pay more than those with high scores.

The average cost of car insurance for a driver with a low credit score is $1,439 per year, almost double what a driver with good scores pays at $812.

MoneyGeek established that the most affordable insurers for drivers with bad credit scores in Vermont include:

• Allstate: $953 per year
• Concord Group: $953 per year

If you're in the military, USAA is the cheapest for Vermont residents with bad credit scores, averaging $704 annually.

Average Car Insurance Rates for Drivers With Bad Credit

Your credit score shows insurers how financially responsible you are, so a lower score will lead an insurance provider to set a higher premium to protect themselves from financial losses. Educate yourself on how to improve your credit score before shopping for car insurance in Vermont.

Senior drivers in Vermont pay slightly less for car insurance than younger drivers. They pay an average of $802 per year, compared to the $812 paid by an average 40-year old driver.

The most affordable company for senior drivers in Vermont are:

• Vermont Mutual: $479 per year
• GEICO: $678 per year

If you are a member of a military family, USAA's $421 average annual rate for seniors is probably your most affordable option.

Average Car Insurance Rates for Seniors

Finding cheap car insurance for seniors in Vermont can be impacted by a unique set of factors. Older drivers face physical limitations to driving, such as changes in eyesight and reaction time, which can cause insurance providers to see them as high-risk drivers. In 2017, seniors made up 17.2% of all traffic fatalities in Vermont, according to the NHTSA. In the hopes of protecting drivers of all ages, the DMV of Vermont conducts driver re-examination tests for mature drivers on a requested basis to assess the capabilities of older drivers. The above table provides some estimations of what seniors in Vermont can expect to pay for their auto insurance.

Rates for seniors can vary based on age and driver history. Insurance companies tend to see senior drivers as a higher-risk group due to common physical obstacles that come with age (such as vision, reflexes and attention). It is important for older drivers to discuss these factors with insurance providers when requesting car insurance quotes.

Young drivers pay higher premiums for car insurance due to their inexperience behind the wheel. The average cost of car insurance for a 16-year-old in Vermont is $2,238 per year, while for a 25-year-old, it’s $933.

In Vermont, the cheapest car policy for young drivers aged between 16-24 years is Allstate. MoneyGeek found it was the cheapest company on average for every age in that range for our sample drivers. For 25-year-olds, the cheapest insurance coverage is offered by GEICO at $700 per year.

Annual Car Insurance In Vermont for Young Drivers

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• Age
  Average Cost
  Cheapest Company
  Company Cost
• 16
  $2,238
  Allstate
  $1,788
• 17
  $2,092
  Allstate
  $1,488
• 18
  $1,900
  Allstate
  $1,416
• 19
  $2,046
  Allstate
  $1,416
• 20
  $1,766
  Allstate
  $1,358
• 21
  $1,332
  Allstate
  $920
• 22
  $1,250
  Allstate
  $920
• 23
  $1,125
  Allstate
  $860
• 24
  $1,073
  Allstate
  $843
• 25
  $933
  GEICO
  $700

Show more

It’s a good idea to ask a prospective insurer about any discounts for young drivers when you’re getting your quote.

The above table demonstrates the approximate rates offered by insurance providers in Vermont. It’s important to understand that a variety of factors can impact your rates as a young driver, including your driving record, how long you’ve been a licensed driver and the type of car you drive.

About 170 active-duty military personnel and over 48,000 veterans live in Vermont. If you're on active duty, Vermont may extend your driver's license four years past its normal expiration date.

Insurers operating in Vermont that give discounts to military personnel and veterans include GEICO and USAA. With GEICO specifically, you may see discounts of up to 15%.

Average Rates for Vermont service members

25 years$1,252
50 years$941

25 years$1,359
50 years$922

According to the Vermont Department of Motor Vehicles, if you register, drive or park a vehicle on the street in Vermont, you must insure it.

Proof of Insurance in Vermont

Vermont doesn't require proof of insurance when you register your car at the DMV. But if the police pull you over, you'll need to show proof of insurance or another document proving financial responsibility.

Minimum Liability Insurance Requirements in Vermont

Vermont requires that all drivers get liability insurance designed to cover third-party injuries and property damage. The mandatory coverage levels are:

• $25,000 for bodily injury or death per person
• $50,000 for bodily injury or death per accident
• $10,000 for property damage

Vermont also requires uninsured/underinsured motorist coverage in case you're involved in an accident with a driver who lacks sufficient insurance:

• $50,000 for bodily injury per accident
• $100,000 for multiple persons per accident
• $10,000 for property damage

However, insurance experts and consumer groups generally consider these limits to be insufficient. If you commit a traffic violation or drive without insurance, the state may require you to purchase Financial Responsibility Insurance.

High-Risk Auto Insurance Program in Vermont

High-risk drivers who can’t find standard insurance due to problems with their driving records can choose from several insurers providing high-risk coverage, including Esurance, GEICO, Hartford, State Farm and Travelers.

Alternatives to Insurance in Vermont

If you don’t want to purchase auto insurance, there is an alternative to make sure you can compensate others if you are involved in an accident. In the state of Vermont, drivers can pay a $115,000 bond or deposit to the state instead of car insurance.

How Much Coverage Do You Need in Vermont?

Even though Vermont requires several important types of car insurance, experts and consumer groups urge you to get liability coverage of $100,000 per bodily injury and $300,000 per accident.

Additionally, if you have a fairly new car, you may want to consider collision and comprehensive coverage. This will cover vehicle costs due to a traffic accident, theft or natural disaster.

Cheapest Car Insurance in Vermont by City

The city you live in can significantly impact your car insurance costs. For example, Burlington is the cheapest city in Vermont, with an average car insurance cost of $812 per year for a full coverage policy.

You can find out more information about insurance in your area by clicking your city below.

Average Insurance Rate by City in Vermont

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• City
  Annually
  Monthly
• 1.
  Burlington
  $812
  $68

The most common questions about car insurance in Vermont are often centered around costs and coverage limits. Some that you may come across include:

Expert Advice on Finding Cheap Car Insurance in Vermont

To help you find credible and accurate information on car insurance in Vermont, MoneyGeek received expert advice from established professionals. The perspectives and opinions expressed are those of the individual contributor.

1. How does the Vermont Department of Financial Regulation act as a resource for consumers in regard to auto insurance? And home insurance?
2. What are the key factors drivers in Vermont should look for when searching for the best auto insurance coverage?
3. What steps can drivers in Vermont take to find affordable car insurance?
4. What resources does the Vermont Department of Financial Regulation have for consumers?

Kevin Gaffney

Deputy Commissioner of Insurance at the Vermont Department of Financial Regulation

READ ANSWERS

Steven Pecsok

Assistant Professor of Economics at Middlebury College

READ ANSWERS

Dr. Jeanette Landin

Associate Professor at Landmark College

READ ANSWERS

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About the Author

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Nicole Duxbury is a writer for MoneyGeek and a marketing and communications professional based in Reno, Nevada. She has more than six years of professional marketing and communications experience working with clients in finance, insurance, non-profit, international education, travel, food and beverage, consumer packaged goods, higher education and politics.

Nicole earned her bachelor of arts degree in psychology from the University of Oregon. She uses her knowledge of human psychology to create content that captures consumers' attention. Her expertise and passion lie in social media management and content curation for blogs and websites in these industries.

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