Best car insurance in Vermont for 2021

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Vermont has just 560,247 licensed drivers, one of the lowest numbers in the country. Perhaps that is one reason why the average cost of car insurance in Vermont is among the least expensive in the country.

When looking for a new auto policy, drivers are shopping for the cheapest Vermont car insurance possible while still guaranteeing quality coverage for the months to come. With these tips, you can find not just the best insurance companies but also the cheapest car insurance in Vermont for you.

Best car insurance companies in Vermont

Car insurance company Average annual premium for full coverage J.D. Power customer satisfaction score
Allstate $1,707 807/1000
Geico $950 841/1000
MetLife $1,775 807/1000
State Farm $1,110 855/1000
USAA $827 895/1000

Allstate

Allstate offers great coverage options like sound system insurance, roadside assistance, personal injury protection (PIP) and rental car insurance. There are also great ways to save with exclusive savings programs like the Allstate eSmart® discount, EZ pay plan discount, FullPay® discount and the safe driving club. Plus, there are local agents available to help you tweak your policy or manage a claim.

Geico

Geico has some of the least expensive rates and several discounts to lower rates even more. It also has several add-ons, such as Mexico car insurance and coverage for special vehicles like RV insurance, motorcycle insurance, boat insurance and commercial vehicle insurance.

MetLife

MetLife will offer protections where most insurance providers won’t, offering optional protection for towing coverage, new car replacement, major parts replacement and gap insurance coverage. Identity protection comes standard with the basic policy, and there are extra discounts for tons of groups, employers and associations. Policyholders especially enjoy access to the online MyDirect portal, which gives you complete control over your car insurance policy.

State Farm

State Farm is well-known for its above-average customer satisfaction scores. There’s comprehensive car insurance with the option to bundle homeowners insurance or renters insurance. State Farm also has additional programs to save, such as its Drive Safe & SaveTM, Steer Clear® and Good Student Rewards. There are local agents available to help and excellent mobile tools for the tech-savvy.

USAA

USAA only services active military and veteran members and their families. Coverage is extensive and includes key protections like accident forgiveness, roadside assistance and rental car insurance. USAA offers some of the lowest car insurance rates on the market and consistently receives top ratings for customer satisfaction across the nation.

Average car insurance cost in Vermont

Car insurance in Vermont is almost half the price annually of the policy for the average American, making it much cheaper to drive here than in most places. While the average cost of car insurance in the U.S. is $1,738 per year, it costs less than $1,000 per year for the average cost of car insurance in Vermont.

Average annual premium for minimum coverage in Vermont Average annual premium for full coverage in Vermont
$256 $975

How to get the best car insurance

When shopping for car insurance, consider these tips.

  • Evaluate your needs: Car insurance is a highly customized experience, with car insurance companies tailoring each quote to your specific needs and characteristics as a driver. Each company will consider specific rate factors, such as the car you drive, where you live, your credit score, accident history and whether you have a teen driver on your policy.
  • Consider state factors: Vermont requires drivers to carry a minimum liability insurance per accident of $25,000 bodily injury liability per person, $50,000 bodily injury liability per crash, and $10,000 for property damage per crash. Uninsured/underinsured coverage is also mandatory with $50,000 motorist bodily injury per person, $100,000 for bodily injury per crash, and $10,000 motorist property damage per crash. The state also offers a conditional opt-out policy to help people save.

Car insurance discounts in Vermont

Many companies offer special auto insurance discounts you can apply to your policy, and these exclusive savings can make a huge difference in your annual premium.

Discount Allstate Geico MetLife State Farm USAA
Anti-lock brakes X X X X
Anti-theft devices X X X X
Automatic payment/paperless billing X X
Defensive driving course X X X X
Early signing X X
Full payment X
Good student X X X X X
Green vehicle
Loyalty X X
Low annual mileage X X X
Military X X
Multiple policies X X X X X
Multiple vehicles X X X X
Occupational or organizations X X
Safe driver/accident free X X X X X
Safety features X X X

Frequently asked questions

What is the cheapest car insurance in Vermont?

The cheapest car insurance in Vermont depends on what you are looking for. For example, USAA would not be the cheapest car insurance for you if you are not a military member. Each company also has its own strengths and weaknesses that may not work for you, depending on what you find most important.

What information is needed to get car insurance in Vermont?

To open a new auto policy, you will need to know all of your vehicle information, including the year, make, model and vehicle identification number (VIN). Personal information is required, too, such as your social security number, driver’s license number, bank information and address. Ask your insurance company what they require.

Does Vermont require car insurance?

Vermont does require its residents to carry a minimum of liability coverage. The exception to this rule requires that a driver submit an SR-22 form and pay a substantial deposit in case of future damage. Drivers may opt out of a car insurance policy if they pay a deposit to and complete an SR-22 form that assumes fiscal responsibility for incidents where you were driving, no matter the vehicle.

How can I lower my insurance rate?

There are many ways to lower your premium. Many insurance companies will offer discounted policies if you complete a driver safety and education course. There are also discounts if you bundle your car and homeowners insurance or have multiple vehicles on your policy. You can also benefit from rewards for paying in full or extending your plan before the end of the term.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.