State Farm offers the cheapest auto insurance at $816 per year or $68 monthly, on average. If you’re eligible, you can get cheaper rates at USAA, where the average is $788 a year. Both are below the average Vermont car insurance rate of $1,102 a year.
Cheap isn’t everything, but an Insurance.com analysis of rates, complaints, and financial stability found State Farm to be the best insurance company in Vermont.
Many factors go into your insurance premium. Insurance companies use your driving record, the type of car you drive, and the coverage you select to determine your annual car insurance cost.
Read on to compare Vermont insurance rates by company, age, and more.
Key takeaways
- State Farm is the best car insurance company in Vermont overall, with below-average rates and a low complaint ratio.
- State Farm is also the cheapest car insurance company open to all residents in Vermont at $816 per year.
- Nationwide has the cheapest car insurance rates for all adult and senior drivers in Vermont.
Average cost of car insurance in Vermont
The average car insurance rate in Vermont is $1,102 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in Vermont is $285.
Best car insurance companies in Vermont
State Farm is the best car insurance company in Vermont, based on a 2023 analysis by Insurance.com, with an overall rating of 4.66. Auto-Owners took second place.
Below is a full list of the top Vermont insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.
| Insurance company | AM Best | Average annual rate | NAIC Complaint ratio | Insurance.com score |
|---|---|---|---|---|
| State Farm | A++ | $ 816 | 0.52 | 4.66 |
| Auto-Owners | A++ | $ 978 | 0.64 | 4.46 |
| Nationwide | A+ | $ 830 | 0.66 | 4.33 |
| Geico | A++ | $ 963 | 0.77 | 4.19 |
| American Family | A | $ 914 | 0.57 | 4.11 |
| USAA | A++ | $ 788 | 0.99 | 3.95 |
| Progressive | A+ | $ 1,757 | 0.73 | 2.83 |
| Allstate | A+ | $ 1,704 | 0.95 | 2.42 |
USAA offers car insurance only to military members, veterans and their families.
Cheapest car insurance companies in Vermont
Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.
We have gathered price quotes from all the major insurance providers in Vermont and put together a list of the cheapest car insurance companies. Based on a rate analysis by Insurance.com, USAA is the cheapest auto insurance company in Vermont, but is only available to military members, veterans, and their families, at $788 annually or $66 a month, on average, for full coverage.
State Farm is the cheapest company overall, and is open to all drivers, with an average annual rate of $816 for full coverage in Vermont.
| Company | State minimum | 50/100/50 liability only | 100/300/100 liability with $500 comp/coll deductible |
|---|---|---|---|
| USAA | $ 162 | $ 177 | $ 788 |
| State Farm | $ 218 | $ 253 | $ 816 |
| Nationwide | $ 420 | $ 406 | $ 830 |
| American Family | $ 291 | $ 337 | $ 914 |
| Geico | $ 225 | $ 247 | $ 963 |
| Auto-Owners | $ 269 | $ 305 | $ 978 |
| Vermont Mutual | $ 231 | $ 285 | $ 1,172 |
| Allstate | $ 247 | $ 272 | $ 1,704 |
| Progressive | $ 504 | $ 553 | $ 1,757 |
USAA offers car insurance only to military members, veterans and their families.
Auto insurance calculator
Average auto insurance rates in AlabamaMost & least expensive ZIP codes for auto insurance in
Most Expensive
| Zip Code | City | Highest Rate |
|---|
Least Expensive
| Zip Code | City | Lowest Rate |
|---|
Cheapest car insurance cost in Vermont by age
In Vermont, car insurance rates are higher for teenagers as they’re less experienced and more likely to cause an accident.
Auto-Owners offers the cheapest car insurance for teen drivers in Vermont at $2,013 per year for a full coverage policy.
Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults.
In Vermont, Nationwide offers the cheapest full coverage car insurance for adult drivers at $831, and Geico offers the cheapest full coverage policy for senior drivers at $780 per year, respectively, unless they are eligible for USAA.
| Age (group) | Company Group | Avg. Annual Premium |
|---|---|---|
| Teens (16-19) | Auto-Owners | $ 2,013 |
| Teens (16-19) | State Farm | $ 2,399 |
| Teens (16-19) | American Family | $ 2,488 |
| Teens (16-19) | Nationwide | $ 2,697 |
| Teens (16-19) | USAA | $ 2,963 |
| Teens (16-19) | Geico | $ 2,994 |
| Teens (16-19) | Vermont Mutual | $ 4,135 |
| Teens (16-19) | Progressive | $ 4,474 |
| Teens (16-19) | Allstate | $ 4,732 |
| Young Adults (20-24) | USAA | $ 1,334 |
| Young Adults (20-24) | State Farm | $ 1,378 |
| Young Adults (20-24) | Nationwide | $ 1,380 |
| Young Adults (20-24) | Auto-Owners | $ 1,425 |
| Young Adults (20-24) | American Family | $ 1,520 |
| Young Adults (20-24) | Geico | $ 1,522 |
| Young Adults (20-24) | Progressive | $ 2,559 |
| Young Adults (20-24) | Allstate | $ 2,703 |
| Young Adults (20-24) | Vermont Mutual | $ 2,706 |
| Adults (25-55) | USAA | $ 804 |
| Adults (25-55) | Nationwide | $ 831 |
| Adults (25-55) | State Farm | $ 832 |
| Adults (25-55) | Geico | $ 897 |
| Adults (25-55) | American Family | $ 956 |
| Adults (25-55) | Auto-Owners | $ 984 |
| Adults (25-55) | Vermont Mutual | $ 1,244 |
| Adults (25-55) | Allstate | $ 1,619 |
| Adults (25-55) | Progressive | $ 1,792 |
| Seniors (60-75) | USAA | $ 767 |
| Seniors (60-75) | State Farm | $ 780 |
| Seniors (60-75) | Nationwide | $ 814 |
| Seniors (60-75) | Geico | $ 897 |
| Seniors (60-75) | Auto-Owners | $ 978 |
| Seniors (60-75) | American Family | $ 1,039 |
| Seniors (60-75) | Vermont Mutual | $ 1,221 |
| Seniors (60-75) | Allstate | $ 1,721 |
| Seniors (60-75) | Progressive | $ 1,753 |
USAA offers car insurance only to military members, veterans and their families.
Cheapest car insurance companies in Vermont by driver profile
Drivers who have accidents or tickets are considered a higher risk and face higher rates.
The severity and frequency of the incidents will also impact insurance rates. For instance, drivers with a single minor accident will see a smaller increase in their rates compared to those with multiple major accidents.
Below are average Vermont rates by company for drivers with accidents and tickets on their driving record.
| Company | Clean record | Accident | Ticket |
|---|---|---|---|
| USAA* | $ 764 | $ 1,113 | $ 875 |
| State Farm | $ 783 | $ 915 | $ 849 |
| Nationwide | $ 831 | $ 1,220 | $ 1,023 |
| American Family | $ 901 | $ 1,221 | $ 1,371 |
| Geico | $ 944 | $ 1,530 | $ 1,045 |
| Auto-Owners | $ 955 | $ 1,426 | $ 1,172 |
| Allstate | $ 1,688 | $ 2,357 | $ 1,952 |
| Progressive | $ 1,782 | $ 2,651 | $ 2,196 |
| USAA | $ 764 | $ 1,113 | $ 875 |
| State Farm | $ 783 | $ 915 | $ 849 |
*USAA offers car insurance only to military members, veterans and their families.
Compare auto insurance rates with other states
Methodology
Insurance.com commissioned Quadrant Information Services in 2022 to field rates from up to six major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving 2021 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.
The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets:
Accidents:
- 1 at-fault property damage accident over $2k
- 1 at-fault property damage accident under $2k
- At-fault bodily injury accident
- Single vehicle accident
Tickets:
- Distracted driving ticket
- Speeding ticket 1- 10 MPH over limit
- Speeding ticket 11- 29 MPH over limit
- Talking on cellphone ticket
- Texting ticket
Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.
Helpful auto insurance tools and calculators
You might also be interested in