Cheapest Auto Insurance Quotes in Vermont (2022)

Cheapest Auto Insurance Quotes in Vermont (2022)

State Farm has the best cheap car insurance quotes in Vermont, at $282 per year, or $24 per month, for minimum liability coverage.

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In Vermont, there is a difference of $553 per year between the most expensive and least expensive insurer for average minimum coverage, and $1,416 per year for full coverage. We recommend comparing quotes from multiple companies to get the best rate.

Cheapest car insurance quotes in Vermont: State Farm

State Farm has the cheapest minimum-coverage insurance rates in Vermont. At only $282 per year, or $24 per month, a policy from State Farm is 41% less expensive than the state average.

Active duty military members, veterans and their families can take advantage of even better quotes from USAA — $247 per year.

Cheapest car insurance companies in Vermont

Find Cheap Auto Insurance Quotes in Vermont

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The average cost of car insurance in Vermont is $474 per year, or $40 per month, for minimum liability.

Company
Annual rate
Monthly rate
State Farm$282$24
Concord$417$35
Allstate$447$37
Geico$447$37
Nationwide$680$57
Progressive$800$67
USAA$247$21

USAA is only available to current and former military members and their families.

Unlike a full-coverage insurance policy, minimum coverage doesn't include comprehensive and collision coverage. Collision and comprehensive coverage offer protection for damage as a result of a collision, theft, vandalism or natural disaster — regardless of who's at fault.

Although minimum-coverage insurance usually costs less, purchasing lower liability coverage limits and opting out of comprehensive and collision coverage put you at risk financially if you're involved in an expensive accident.

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Cheapest full-coverage car insurance in Vermont: State Farm

State Farm also offers the most affordable full-coverage quotes in Vermont — $729 per year, and 46% cheaper than the state average.

Company
Annual rate
Monthly rate
State Farm$729$61
Concord$1,005$84
Geico$1,274$106
Nationwide$1,467$122
Allstate$2,041$170
Progressive$2,145$179
USAA$863$72

USAA is only available to current and former military members and their families.

The average price of a full-coverage policy in Vermont is almost three times the cost of the average minimum liability policy. Although full coverage is $74 per month more expensive, on average, having higher limits could save you money in the long run if you're involved in an expensive accident.

Cheap car insurance quotes for drivers with prior incidents

Accidents and traffic citations can significantly increase your auto insurance rates. Drivers with a history of driving under the influence (DUI) or speeding are considered high-risk because they're more likely to be involved in an accident, making them more expensive for insurers to cover.

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Cheapest car insurance after a speeding ticket: State Farm

Drivers with a recent speeding ticket can find the best quotes with State Farm. A full-coverage policy costs $797 per year — 50% cheaper than the state average.

Company
Annual rate
Monthly rate
State Farm$797$66
Concord$1,175$98
Geico$1,563$130
Nationwide$1,775$148
Allstate$2,319$193
Progressive$2,582$215
USAA$988$82

USAA is only available to current and former military members and their families.

On average, Vermont drivers can expect an 18% rate increase after receiving a single speeding ticket. However, the amount varies based on your insurer. While State Farm only increases rates by 9%, drivers insured with Geico pay 23% more after an infraction.

Cheapest car insurance after an accident: State Farm

Vermont drivers with an accident on their driving record can to find cheap full-coverage car insurance quotes from State Farm. Its annual rate is $865, which is 57% cheaper than the state average.

Company
Annual rate
Monthly rate
State Farm$865$72
Concord$1,527$127
Nationwide$2,171$181
Geico$2,294$191
Allstate$2,856$238
Progressive$3,170$264
USAA$1,208$101

USAA is only available to current and former military members and their families.

Drivers with an accident history in Vermont pay $653 more on average for full-coverage insurance than drivers with a clean record — a 48% increase in premium.

Cheapest car insurance after a DUI: Concord

Concord offers the most affordable full-coverage insurance for Vermont drivers with a DUI citation, at $1,697 per year — 30% cheaper than the state average.

DUIs are serious offenses that come with a significant increase in your car insurance cost. On average, insurance quotes in Vermont go up by 78% after a DUI charge.

Company
Annual rate
Monthly rate
Concord$1,697$141
State Farm$2,005$167
Progressive$2,534$211
Allstate$2,764$230
Nationwide$2,788$232
Geico$3,419$285
USAA$1,766$147

USAA is only available to current and former military members and their families.

Cheapest car insurance for drivers with poor credit: Concord

Concord offers the best quotes for Vermont drivers with a low credit score. The state average is $2,026 per year, but the average rate from Concord is 32% cheaper, at $1,384 per year.

Company
Annual rate
Monthly rate
Concord$1,384$115
Geico$1,563$130
Nationwide$1,760$147
State Farm$2,008$167
Allstate$2,574$215
Progressive$3,269$272
USAA$1,622$135

USAA is only available to current and former military members and their families.

Cheapest car insurance for married drivers: State Farm

Married drivers can find the most affordable car insurance quotes from State Farm, where a full-coverage policy costs $729 per year.

Married drivers often get cheaper insurance quotes than unmarried drivers because they are less likely to be involved in an accident. In Vermont, car insurance for married drivers costs 10% less than insurance for single drivers. However, some companies do not have any price difference between their single and married drivers. For instance, married drivers insured by State Farm pay the same rate as single drivers.

Company
Annual rate
Monthly rate
State Farm$729$61
Concord$846$71
Geico$1,209$101
Nationwide$1,347$112
Progressive$1,802$150
Allstate$1,872$156
USAA$754$63

USAA is only available to current and former military members and their families.

Cheapest car insurance quotes for young drivers in Vermont: Concord

Concord offers the cheapest rates to young drivers in Vermont. The average 18-year-old driver insured with Concord pays $825 per year for minimum coverage and $1,911 for full coverage.

Drivers who are eligible for USAA can take advantage of even more affordable minimum-coverage rates. At $600 per year, a policy with USAA is $225 cheaper than Concord and $718 less than the state average.

Company
Liability only
Full coverage
Concord$825$1,911
State Farm$894$2,283
Allstate$897$5,364
Geico$1,634$4,831
Progressive$1,849$4,582
Nationwide$2,529$5,470
USAA$600$2,006

USAA is only available to current and former military members and their families.

Young drivers typically have only a few years of driving experience under their belts. As a result, drivers in their teens and early 20s tend to pay higher car insurance rates than older drivers.

In Vermont, an 18-year-old driver pays nearly three times as much for car insurance than a 30-year-old driver.

We recommend younger drivers share a policy with a parent or other older driver, if possible, which often results in more affordable rates.

Cheapest car insurance for teen drivers after a speeding ticket: Concord

Young drivers in Vermont with a recent speeding ticket can find the cheapest car insurance rates at Concord. A minimum-coverage policy for an 18-year-old costs $964 per year, which is 33% less than the state average.

Young drivers can expect a 9% increase in their insurance quotes after a single speeding ticket.

Company
Annual rate
Monthly rate
Concord$964$80
State Farm$990$83
Allstate$995$83
Geico$1,720$143
Progressive$2,045$170
Nationwide$2,712$226
USAA$645$54

USAA is only available to current and former military members and their families.

Cheapest car insurance for young drivers after an accident: State Farm

If you, as an 18-year-old, have an accident on your record, State Farm has the best rates in Vermont. The average cost of the company's minimum-coverage policy is $1,086 — 32% less than the state average.

Company
Annual rate
Monthly rate
State Farm$1,086$91
Concord$1,230$103
Allstate$1,379$115
Geico$1,806$151
Progressive$2,241$187
Nationwide$2,773$231
USAA$719$60

*USAA is only available to current and former military members and their families.

On average, young drivers pay 22% more for insurance after an at-fault accident in Vermont. Not all insurers raise rates by the same amount, though. Although Nationwide's rates are the most expensive, the company has the lowest rate increase, at 10%. On the other hand, Allstate premiums with Allstate go up by 54% after an accident.

Best car insurance companies in Vermont

USAA is our pick for the best car insurance company in Vermont. It earned high marks from our editors, a best-in-class J.D. Power customer satisfaction score and the best financial stability rating.

Drivers who are not eligible for USAA should consider State Farm. It also received excellent scores in all categories, and offers very affordable quotes for most Vermont drivers.

Company
Editor's rating
JD Power
AM Best
State Farm
855A++
Geico
841A++
Nationwide
823A+
Progressive
840A+
Allstate
810A+
USAA
887A++
ConcordNRNRA

Our editor's rating is determined by analyzing each company's rates in relation to its competitors, the policy coverages it offers and customer satisfaction scores.

J.D. Power's Auto Claims Satisfaction Study is an annual nationwide survey that polls insurance customers about their experience filing claims with their insurer. Higher scores are better, and the best possible rating is 1,000.

A.M. Best's Financial Strength Rating is a letter grade that describes the overall financial health of an insurance company and its ability to pay out claims. The best score available is "A++". All of the companies we considered have a Financial Strength Rating from A.M. Best of "A" or better, meaning they have an "Excellent" or "Superior" ability to pay out claims, even in difficult economic times.

Average car insurance quotes in Vermont by city

Drivers in Corinth and Tunbridge pay the cheapest full-coverage car insurance rates in Vermont, while those in Taftsville have the highest quotes.

Where you live can impact your auto insurance rates as much as your driving history. However, car insurance rates in Vermont don't fluctuate significantly from city to city. There is only a $85-a-year difference between the most and least expensive locations.

City
Average annual rate
Percent from average
Adamant$1,3540%
Albany$1,3751%
Alburgh$1,349-1%
Arlington$1,3711%
Ascutney$1,3832%
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Minimum auto insurance requirements in Vermont

Vermont, like most states, requires drivers to have a minimum amount of car insurance in order to drive legally in the state. These minimum insurance limits pay for injuries sustained by another driver and damage to their vehicle. They also cover your own losses if you're involved in an accident with a driver who does not have insurance, or whose policy doesn't offer sufficient coverage.

Coverage
Limit
Bodily injury liability$25,000 per person/$50,000 per accident
Property damage liability$10,000 per accident
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Uninsured/underinsured motorist property damage$10,000 per accident

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 against any damage caused to your car.

Recap of the cheapest car insurance in Vermont

  • Minimum coverage: State Farm
  • Full coverage: State Farm
  • After a speeding ticket: State Farm
  • After an at-fault accident: State Farm
  • After a DUI: Concord
  • Poor credit history: Concord
  • Married drivers: State Farm
  • Young drivers: Concord
  • Young drivers after a ticket: Concord
  • Young drivers after an accident: State Farm

Frequently asked questions

What is the average cost of car insurance in Vermont?

The average cost of car insurance in Vermont is $40 per month, or $474 per year, for a minimum coverage policy. The average cost for a full coverage policy is $114 per month, or $1,368 per year.

Is car insurance expensive in Vermont?

Car insurance in Vermont is not expensive compared to the rest of the country. Our analysis found that Vermont is the eighth cheapest state for a minimum coverage policy, with an average rate of $474 per year. One reason car insurance is so cheap in Vermont is that the state has few major cities and a low percentage of uninsured drivers.

Who has the cheapest car insurance in Vermont?

State Farm has the cheapest auto insurance in Vermont. The company offers minimum-coverage insurance for $282 per year and full-coverage insurance for $729 per year.

Who has the best car insurance in Vermont?

USAA is our recommendation for best insurer in Vermont based on its high rating from our editors. State Farm is a great alternative for drivers who aren't eligible for USAA.

How much is car insurance in Burlington?

Drivers in Burlington pay $1,373 per year for full-coverage insurance, on average. Those who reside in South Burlington pay slightly less for car insurance — $1,350 per year.

average car insurance vermont

Methodology

We collected thousands of rates from ZIP codes across Vermont for the largest insurers in the state. We used a sample driver with the following profile:

  • 30-year-old male
  • Drives a 2015 Honda Civic EX
  • Average credit

The base policy for the study was a full-coverage policy with the following limits:

Coverage type
Study limits
Bodily injury liability$50,000 per person/$100,000 per accident
Property damage liability$25,000 per accident
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Uninsured/underinsured motorist property damage$10,000 per accident
Comprehensive and collision$500 deductible

For our minimum-coverage policy, we quoted a policy with the minimum required limits in Vermont. Young driver quotes were gathered based on minimum-coverage limits.

For other rates analyses (credit score, accident history and marital status) the base policy listed above was alternated to reflect the new driver.

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.

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.