Who Has the Cheapest Auto Insurance Quotes in Vermont? (2020)

Who Has the Cheapest Auto Insurance Quotes in Vermont? (2020)

Find Cheap Auto Insurance Quotes in Vermont

Currently insured?
{"buttonText":"VT Quotes","customEventLabel":"","defaultProduct":"auto","defaultZip":"","hideTitle":false,"id":"QuoteWizardQuoteForm--604","isAgeFieldVisible":true,"isInsuranceTypeFieldVisible":true,"isInsuredStatusFieldVisible":true,"quoteWizardEndpoint":"https:\/\/quotes.valuepenguin.com","showTrustMessage":false,"style":"dropshadow","tier":"VPT1","title":"Find Cheap Auto Insurance Quotes in Vermont","trackingKey":"_best-cheap-car-insurance-vermont","trustMessage":"It's free, simple and secure.","vendor":"vp"}

The average cost of minimum coverage car insurance in Vermont is $552 per year, or $46 per month. Costs, however, can vary widely and by insurer and policy types, so it's important to compare rates.


Cheapest for minimum liability

State Farm logo
Read More

Cheapest for full coverage

State Farm logo
Read More

Cheapest for drivers with an accident

State Farm logo
Read More

Best for customer service

Concord Group logo
Read More

Cheapest auto insurance in Vermont

The cheapest minimum-coverage car insurance quotes in Vermont are provided by:

  • State Farm
  • Concord Group
  • Allstate
This graph shows the three cheapest auto insurance companies in Vermont compared to the state average.
This graph shows the three cheapest auto insurance companies in Vermont compared to the state average.

Find Cheap Auto Insurance Quotes in Vermont

Currently insured?
{"buttonText":"VT Quotes","customEventLabel":"","defaultProduct":"auto","defaultZip":"","hideTitle":false,"id":"QuoteWizardQuoteForm--556","isAgeFieldVisible":true,"isInsuranceTypeFieldVisible":true,"isInsuredStatusFieldVisible":true,"quoteWizardEndpoint":"https:\/\/quotes.valuepenguin.com","showTrustMessage":false,"style":"dropshadow","tier":"VPT1","title":"Find Cheap Auto Insurance Quotes in Vermont","trackingKey":"_best-cheap-car-insurance-vermont","trustMessage":"It's free, simple and secure.","vendor":"vp"}

These three auto insurers have average car insurance rates of $502 per year, or $42 per month — which is 9% cheaper than the Vermont average.

The auto insurance companies with the most expensive quotes in Vermont were:

  • Progressive
  • Nationwide
  • GEICO

In Vermont, these companies had an average annual quote of $700, or 27% more than the state average.

RankInsurerCar insurance quote
1State Farm$433
2Concord Group$468
3Allstate$604
4GEICO$613
5Nationwide$695
6Progressive$793
NAUSAA$258

Minimum-coverage auto insurance policies meet Vermont's minimum legal requirements. Unlike full-coverage policies, minimum coverage doesn't include comprehensive and collision insurance.

Collision and comprehensive insurance protects you from car damage as a result of a collision, theft, vandalism or natural disaster — regardless of who's at fault.

Although minimum coverage usually costs less, purchasing lower liability coverage limits and opting out of comprehensive and collision coverage risk insufficient protection following an expensive accident.

The average difference in cost between full- and minimum-coverage car insurance in Vermont is $1,217 per year, or $101 per month, in savings.

Cheapest full-coverage auto insurance in Vermont

The cheapest full-coverage auto insurance companies in Vermont are:

  • State Farm: $1,174
  • Concord Group: $1,292
  • Nationwide: $1,548

These three carriers were the most affordable in Vermont for full coverage, offering quotes of $1,338 on average, or 24% less than the state average of $1,769.

The insurance companies with the most expensive auto quotes for full coverage in Vermont are:

  • Allstate: $2,992
  • Progressive: $2,505
  • GEICO: $1,856

Comprehensive and collision coverages are included in full coverage policies and reimburse damage to your car following most accidents, thefts, natural disasters and vandalism.

Cheapest full-coverage auto insurance in Vermont with a prior accident

Vermont drivers with an accident on their driving record may be able to find cheap full-coverage car insurance quotes at State Farm, Concord Group and Nationwide.

These three insurers offer average annual rates of $1,796 per year, or 28% less than the Vermont average of $2,490, for full coverage policies with a prior accident history.

RankInsurerQuote before accidentQuote after accidentDifference
1State Farm$1,174$1,402228
2Concord Group$1,292$1,712420
3Nationwide$1,548$2,275727
4GEICO$1,856$2,724868
5Progressive$2,505$3,8111306
6Allstate$2,992$4,1111119
NAUSAA$1,017$1,399382

Having a single accident on your driving record can increase your auto insurance quotes substantially.

The annual difference in car insurance quotes in Vermont for a full-coverage plan with no accident history versus a plan with one accident was $721.

Accident historyAnnual rate
No accidents$1,769
One accident$2,490

Best car insurance companies in Vermont

Customer service is one of the most important parts of an insurance policy, and the best auto insurance companies for service in Vermont are:

  • Concord Group
  • Nationwide
  • State Farm

Of note, the best Vermont insurers, based on a measure of customer satisfaction known as the complaint ratio, were also frequently the cheapest in our study.

Customers filed fewer complaints with these insurers than others relative to their market share.

RankInsurerComplaint ratio
1Concord Group0.41
2Nationwide0.43
3State Farm0.57
4Allstate0.69
5USAA0.84
6GEICO0.92
7Progressive0.94

To find the best auto insurance companies in Vermont, we looked at the complaint ratios for the largest companies in the state, using data from the National Association of Insurance Commissioners (NAIC).

A complaint ratio measures how many complaints each company receives per $1 million of premiums they receive, and is an indication to us of how good a carrier's customer service and satisfaction are.

The lower the ratio, the fewer complaints a company received relative to its share of premiums underwritten, meaning that customers were less likely to complain.

Minimum auto insurance requirements in Vermont

Vermonters need to have a minimum amount of car insurance in order to drive. By getting minimum coverage, you would be able to dramatically reduce the cost of your policy. However, full-coverage auto insurance may be more appropriate for some drivers.

Below we've included the minimum coverage limits for Vermont drivers:

  • Bodily injury liability insurance: $25,000 per person and $50,000 per accident
  • Property damage liability insurance: $10,000 per accident
  • Uninsured/Underinsured motorist bodily injury insurance: $50,000 per person and $100,000 per accident
  • Uninsured/Underinsured motorist property damage Insurance: $10,000 per accident

While your car insurance policy may meet Vermont's minimum legal requirements, many motorists may benefit from buying more coverage.

We recommend Vermont drivers consider higher liability limits, as well as comprehensive and collision coverage. Minimum-coverage plans may not be enough to fully cover the cost of damage in an expensive accident or protect any damage caused to your automobile.

Cheap car insurance in Vermont by city

The best car insurance quotes in Vermont can differ depending on which city you live in. Typically, however, the cheapest auto insurers in Vermont cities for a full-coverage policy are:

  • State Farm
  • Concord Group
  • Nationwide

Current or former members of the U.S. armed forces and their families may qualify for even lower car insurance rates with USAA, which only provides policies to these customers.

Your actual rates will differ based on factors such as past driving history, your vehicle and the amount of liability coverage you need.

Here is a list of cheap car insurance companies in Vermont's largest cities with their annual quotes for a full-coverage policy.

CityInsurerCar insurance quote
BarreState Farm$1,114
Concord Group$1,252
Nationwide$1,526
BenningtonState Farm$1,204
Concord Group$1,248
Nationwide$1,585
BradfordState Farm$1,211
Concord Group$1,269
Nationwide$1,544
BrandonState Farm$1,183
Concord Group$1,385
Nationwide$1,585
BrattleboroState Farm$1,217
Concord Group$1,248
Nationwide$1,544
BristolState Farm$1,073
Concord Group$1,322
Nationwide$1,585
BurlingtonState Farm$1,082
Concord Group$1,469
Nationwide$1,525
CambridgeState Farm$1,076
Concord Group$1,325
Nationwide$1,515
CastletonState Farm$1,174
Concord Group$1,326
Nationwide$1,585
CharlotteState Farm$1,098
Concord Group$1,329
Nationwide$1,515
ChesterState Farm$1,199
Concord Group$1,275
Nationwide$1,544
ColchesterState Farm$1,067
Concord Group$1,519
Nationwide$1,525
DerbyState Farm$1,149
Concord Group$1,286
Nationwide$1,516
FairfaxState Farm$1,073
Concord Group$1,336
Nationwide$1,515
FerrisburghState Farm$1,073
Concord Group$1,248
Nationwide$1,585
HardwickState Farm$1,145
Concord Group$1,323
Nationwide$1,516
HartlandState Farm$1,193
Concord Group$1,243
Nationwide$1,544
HighgateState Farm$1,078
Concord Group$1,291
Nationwide$1,515
HinesburgState Farm$1,104
Concord Group$1,311
Nationwide$1,515
Hyde ParkState Farm$1,283
Concord Group$1,288
Nationwide$1,583
JerichoState Farm$1,114
Concord Group$1,321
Nationwide$1,515
JohnsonConcord Group$1,263
State Farm$1,279
Nationwide$1,583
LyndonState Farm$1,171
Concord Group$1,362
Nationwide$1,516
ManchesterState Farm$1,194
Concord Group$1,330
Nationwide$1,585
MiltonState Farm$1,055
Concord Group$1,321
Nationwide$1,515
MontpelierState Farm$1,114
Concord Group$1,210
Nationwide$1,526
NewportState Farm$1,153
Concord Group$1,273
Nationwide$1,516
NorthfieldState Farm$1,234
Concord Group$1,263
Nationwide$1,583
NorwichState Farm$1,170
Concord Group$1,303
Nationwide$1,544
PittsfordState Farm$1,223
Concord Group$1,366
Nationwide$1,585
PoultneyState Farm$1,161
Concord Group$1,373
Nationwide$1,585
PownalConcord Group$1,165
State Farm$1,198
Nationwide$1,585
RandolphState Farm$1,196
Concord Group$1,350
Nationwide$1,544
RichmondState Farm$1,108
Concord Group$1,261
Nationwide$1,515
RutlandState Farm$1,084
Concord Group$1,420
Nationwide$1,632
ShaftsburyState Farm$1,190
Concord Group$1,305
Nationwide$1,585
ShelburneState Farm$1,079
Concord Group$1,278
Nationwide$1,525
South BurlingtonState Farm$1,093
Concord Group$1,286
Nationwide$1,525
SpringfieldState Farm$1,208
Concord Group$1,239
Nationwide$1,544
St. AlbansState Farm$1,055
Concord Group$1,276
Nationwide$1,515
St. JohnsburyState Farm$1,146
Concord Group$1,254
Nationwide$1,516
StoweConcord Group$1,289
State Farm$1,301
Nationwide$1,583
SwantonState Farm$1,073
Concord Group$1,370
Nationwide$1,515
UnderhillState Farm$1,143
Concord Group$1,333
Nationwide$1,515
WaterburyConcord Group$1,197
State Farm$1,213
Nationwide$1,583
WestminsterConcord Group$1,261
State Farm$1,263
Nationwide$1,544
WillistonState Farm$1,110
Concord Group$1,247
Nationwide$1,525
WindsorState Farm$1,208
Concord Group$1,242
Nationwide$1,544
WinooskiState Farm$1,070
Concord Group$1,277
Nationwide$1,525
WoodstockState Farm$1,212
Concord Group$1,284
Nationwide$1,544

To get the cheapest quote, we always recommend drivers compare at least three quotes from insurers. To help you find good auto rates in Vermont, we identified the cheapest insurers for a full-coverage policy in:

Cheap car insurance in Burlington, Vermont

  • Average annual auto insurance quote in Burlington = $1,743
  • 1% cheaper than Vermont average

A year's worth of full-coverage car insurance in Burlington was just slightly cheaper than the Vermont average. For cheap auto insurance quotes in Burlington, we recommend State Farm, Concord Group and Nationwide, which on average, quoted $1,359 per year, or 22% less than the Burlington mean.

Cheap car insurance in South Burlington, Vermont

  • Average annual auto insurance quote in South Burlington = $1,701
  • 4% cheaper than Vermont average

Among Vermont's five largest cities, South Burlington offered some of the cheapest rates. Yet it's still important to compare quotes as the most expensive insurer offered quotes 2.7 times the cost of that of the cheapest.

Cheap car insurance in Colchester, Vermont

  • Average annual auto insurance quote in Colchester = $1,770
  • Comparable to Vermont average

Car insurance costs in Colchester were in line with the Vermont state average, though motorists can still benefit from comparing rates. The most expensive insurer in our analysis, Allstate ($3,084), cost $2,018 more per year than the cheapest carrier, State Farm ($1,067).

Cheap car insurance in Rutland, Vermont

  • Average annual auto insurance quote in Rutland = $1,756
  • 1% cheaper than Vermont average

Choosing a policy from the cheapest auto insurer in Rutland, State Farm ($1,084), could save you more than $600 annually relative to the city average. Remember to get multiple quotes, as rates offered could differ depending on your specific driver profile.

Cheap car insurance in Bennington, Vermont

  • Average annual auto insurance quote in Bennington = $1,762
  • Similar to Vermont average

The cost of insuring our benchmark driver in Bennington was nearly equivalent to the Vermont average. For the cheapest coverage, we still recommend that drivers compare quotes. The three most expensive insurers cost 37% more than the Bennington average, while the three cheapest offered a 24% discount.

Average cost of car insurance in Vermont

The average cost of full-coverage car insurance in Vermont is $1,769 per year, or $147 per month.

The cheapest cities in Vermont for full coverage are:

  • Winooski
  • South Burlington
  • Springfield

The most expensive Vermont cities for full coverage are:

  • Randolph
  • Lyndon
  • Derby

Where you live is a major factor in determining average auto insurance rates. Vermont cities are ranked from those with the cheapest auto insurance rates to the most expensive per year.

RankCityAverage annual car insurance quote
1Winooski$1,697
2South Burlington$1,701
3Springfield$1,726
4Windsor$1,726
5Chester$1,730
6Jericho$1,733
7Milton$1,735
8Burlington$1,743
9Montpelier$1,746
10St. Albans$1,746
11Pownal$1,749
12Barre$1,750
13Highgate$1,750
14Fairfax$1,755
15Rutland$1,756
16Bennington$1,762
17Brattleboro$1,762
18Swanton$1,762
19Johnson$1,764
20Castleton$1,765
21Bradford$1,766
22Hyde Park$1,767
23Shelburne$1,767
24Waterbury$1,767
25Williston$1,767
26Shaftsbury$1,768
27Poultney$1,769
28Stowe$1,769
29Colchester$1,770
30Westminster$1,770
31Manchester$1,772
32St. Johnsbury$1,772
33Hartland$1,773
34Brandon$1,775
35Pittsford$1,777
36Ferrisburgh$1,778
37Northfield$1,778
38Richmond$1,778
39Norwich$1,779
40Woodstock$1,782
41Hinesburg$1,783
42Charlotte$1,784
43Bristol$1,788
44Hardwick$1,791
45Underhill$1,791
46Newport$1,795
47Cambridge$1,796
48Derby$1,797
49Lyndon$1,811
50Randolph$1,822

Methodology

We collected auto insurance quotes for Vermont cities from seven auto insurance companies.

Our sample driver was a 30-year-old man who drives a 2015 Honda Civic EX. He had no credit history, which makes him comparable to drivers with below-average credit, according to our data source, Quadrant Information Services.

Unless otherwise noted, our sample driver held full-coverage car insurance with the following limits:

Coverage typeStudy limits
Bodily liability$50,000 per person/$100,000 per accident
Property damage$25,000 per accident
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Comprehensive and collision$500 deductible

For a minimum-coverage policy, our sample driver had coverage equivalent to the minimum state legal requirements in Vermont.

Average premiums are for illustrative purposes, as individual quotes will differ based on driving history, ZIP code, vehicle type, coverage limits and other factors.

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.

Mark is a Senior Research Analyst for ValuePenguin focusing on the insurance industry, primarily auto insurance. He previously worked in financial risk management at State Street Corporation.

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.