- Average cost of car insurance in Vermont
- Best car insurance companies in Vermont: Auto-Owners
- Cheapest car insurance companies in Vermont: Progressive
- Vermont car insurance requirements
- Cheapest car insurance companies for minimum liability coverage in Vermont
- Cheapest car insurance cost in Vermont by age
- Cheapest car insurance companies in Vermont by driver profile
- Compare auto insurance rates by city in Vermont
- Car insurance premium trends in Vermont
- Methodology
- Compare Vermont car insurance rates with other states
Average cost of car insurance in Vermont
The average car insurance rate in Vermont is $1,319 a year or $110 monthly 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 $306.
Best car insurance companies in Vermont: Auto-Owners
Auto-Owners is the best car insurance company in Vermont, based on an analysis by Insurance.com, with an overall rating of 3.88. State Farm 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.
| Company | AM Best | JD Power | NAIC | Insurance.com score | Average annual premium |
|---|---|---|---|---|---|
| Auto-Owners | A++ | 840 | 0.5 | 3.88 | $992 |
| State Farm | A++ | 829 | 0.7 | 3.35 | $1,139 |
| Progressive | A+ | 802 | 0.65 | 3.29 | $926 |
| Nationwide | A+ | 810 | 0.64 | 3.29 | $935 |
| Geico | A++ | 836 | 0.91 | 3.04 | $1,276 |
| Allstate | A+ | 816 | 0.65 | 2.8 | $1,733 |
| Farmers | A | 821 | 0.8 | 2.23 | $2,333 |
USAA offers car insurance only to military members, veterans and their families.
Cheapest car insurance companies in Vermont: Progressive
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 $803 annually or $67 a month, on average, for full coverage. Progressive is the cheapest company overall, and is open to all drivers, with an average annual rate of $926 for full coverage in Vermont.
| Company | State minimum liability | 50/100/50 liability | 100/300/100 liability with $500 deductible |
|---|---|---|---|
| USAA | $168 | $184 | $803 |
| Progressive | $344 | $373 | $926 |
| Nationwide | $382 | $381 | $935 |
| Auto-Owners | $232 | $264 | $992 |
| State Farm | $264 | $308 | $1,139 |
| Geico | $286 | $317 | $1,276 |
| Vermont Mutual | $301 | $301 | $1,413 |
| Co-operative Insurance | $383 | $399 | $1,640 |
| Allstate | $234 | $257 | $1,733 |
| Farmers | $466 | $456 | $2,333 |
*USAA offers car insurance only to military members, veterans and their families.
Auto insurance calculator
Most & least expensive ZIP codes for auto insurance in Vermont
Most Expensive
| ZIP code | City | Highest rate |
|---|---|---|
| 05073 | Taftsville | $124 |
| 05034 | Bridgewater | $123 |
| 05041 | East Randolph | $123 |
| 05045 | Fairlee | $123 |
Least Expensive
| ZIP code | City | Lowest rate |
|---|---|---|
| 54460 | Colchester | $112 |
| 54520 | Essex Junction | $112 |
| 54820 | Shelburne | $113 |
| 54030 | South Burlington | $113 |
The Vermont Department of Financial Regulation says...
If you have any change in the makeup of your household or other factors which may entitle you to a discount, call your agent as soon the change occurs. For example, if you join a carpool, or if you remove a young driver from your policy, this could prove a significant saving.
- The Vermont Department of Financial RegulationVermont car insurance requirements
You need car insurance with minimum coverage levels of 25/50/10 in Vermont, which costs $306 each year or $26 each month.
Minimum liability insurance requirements for Vermont:
- Bodily injury liability (BI): $25,000 per person, $50,000 per accident
- Property damage liability (PD): $10,000 per accident
- Uninsured/underinsured motorist property damage coverage: $10,000 per accident (subject to a $150 deductible)
- Uninsured/underinsured motorist bodily injury coverage: $50,000 per person, $100,000 per accident
Cheapest car insurance companies for minimum liability coverage in Vermont
According to Insurance.com, Allstate has the cheapest state minimum liability coverage, at $237 per year or $20 each month. USAA offers cheaper rates but is available only to military veterans and their families.
Here are the most affordable car insurance companies for state minimum coverage in Vermont.
| Company | Liability insurance premium | Monthly liability insurance premium |
|---|---|---|
| USAA* | $166 | $14 |
| Allstate | $237 | $20 |
| Auto-Owners | $243 | $20 |
| State Farm | $264 | $22 |
| Geico | $298 | $25 |
| Vermont Mutual | $301 | $25 |
| Progressive | $335 | $28 |
| Nationwide | $379 | $32 |
| Co-operative Insurance | $383 | $32 |
| Farmers | $457 | $38 |
*USAA offers coverage only to military veterans and their family
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 $2,179 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 $906 per year and $917 per year, respectively, unless they are eligible for USAA.
Compare car insurance rates by age
Select your age group and age below to see the insurance company and its
average annual and average monthly premium rates.
| Auto-Owners | $2,473 | $206 |
| Nationwide | $3,212 | $268 |
| Progressive | $3,455 | $288 |
| State Farm | $4,091 | $341 |
| USAA | $4,604 | $384 |
| Geico | $4,954 | $413 |
| Vermont Mutual | $5,556 | $463 |
| Allstate | $6,126 | $511 |
| Co-operative Insurance | $6,471 | $539 |
| Farmers | $13,109 | $1,092 |
*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 | Speeding ticket |
|---|---|---|---|
| USAA | $803 | $1,173 | $921 |
| Auto-Owners | $992 | $1,498 | $1,137 |
| State Farm | $1,139 | $1,302 | $1,206 |
| Progressive | $926 | $1,570 | $1,223 |
| Nationwide | $935 | $1,385 | $1,354 |
| Geico | $1,276 | $2,103 | $1,413 |
| Vermont Mutual | $1,413 | $1,718 | $1,870 |
| Allstate | $1,733 | $2,419 | $2,007 |
| Farmers | $2,333 | $3,185 | $3,146 |
*USAA offers car insurance only to military members, veterans and their families.
Compare auto insurance rates by city in Vermont
Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in Vermont.
| City | Annual insurance premium |
|---|---|
Burlington | $1,270 |
Rutland | $1,286 |
South Burlington | $1,251 |
Car insurance premium trends in Vermont
Car insurance average rates increase most years and various factors contribute to these changes, including shifts in economic conditions, changes in state laws, and the number and severity of insurance claims.
That's why it's important to keep track of car insurance premiums to make better decisions. The graph below shows how insurance rates in Vermont have increased or decreased from 2020 to 2023.
Whether you're planning to renew your policy with your current insurer or looking for a new one, this analysis is invaluable for making informed insurance choices.
Methodology
Insurance.com commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 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.
Compare Vermont car insurance rates with other states
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