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Best car insurance in Vermont for 2024

Updated Jun 01, 2024
Bankrate's research indicates that Geico, State Farm, USAA, Nationwide and Allstate are writing the best car insurance in Vermont.
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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Best car insurance companies in Vermont

Vermont drivers pay an average rate of $298 per year for the state-mandated minimum coverage car insurance and $1,377 per year on average for full coverage car insurance, which typically includes collision and comprehensive coverage. Although this is lower than the national average cost of insurance, these insurance prices may still place strain on Vermont drivers’ budgets.

Bankrate uses a multi-step process to help find you the best auto insurance in Vermont. In addition to analyzing average rate data from Quadrant Information Services, we also weigh independent rating agencies, including J.D. Power, AM Best and Moody’s, to approximate carriers’ financial strength and customer satisfaction. We give each company a Bankrate Score, which is generated through careful analysis across the following categories: customer experience, average quoted rates, online resources, mobile app accessibility, financial stability and policy management options. With that, we determined the best car insurance companies in Vermont include Geico, State Farm, USAA, Nationwide and Allstate.

Insurance company
Bankrate Score
Info
Average full coverage rate Average min coverage rate
4.4
Rating: 4.4 stars out of 5
$1,270
$301
4.3
Rating: 4.3 stars out of 5
$1,120
$250
4.2
Rating: 4.2 stars out of 5
$931
$180
4.0
Rating: 4 stars out of 5
$1,206
$438
3.9
Rating: 3.9 stars out of 5
$2,541
$371

Geico

Geico

4.4

Rating: 4.4 stars out of 5

Avg. full coverage premium

$106/mo

Avg. full coverage premium

$1,270/yr

Customer satisfaction

Not rated

State Farm

State Farm

4.3

Rating: 4.3 stars out of 5

Avg. full coverage premium

$93/mo

Avg. full coverage premium

$1,120/yr

Customer satisfaction

829/1,000

USAA

USAA

4.2

Rating: 4.2 stars out of 5

Avg. full coverage premium

$78/mo

Avg. full coverage premium

$931/yr

Customer satisfaction

Not rated

Nationwide

Nationwide

4

Rating: 4 stars out of 5

Avg. full coverage premium

$100/mo

Avg. full coverage premium

$1,206/yr

Customer satisfaction

Not rated

Allstate

Allstate

3.9

Rating: 3.9 stars out of 5

Avg. full coverage premium

$212/mo

Avg. full coverage premium

$2,541/yr

Customer satisfaction

Not rated

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How Bankrate chose the best car insurance companies in Vermont

Bankrate weighs multiple factors in order to determine the best auto insurance companies in Vermont. Average rates are one factor, but are not the only variable. Our insurance editorial team also looks at third-party rankings and ratings for financial health and customer service, along with coverage options, discount opportunities, online tools and other factors, to offer useful insights to Vermont drivers and help them make the most informed decisions for their insurance needs. When all the data is compiled, each carrier is assigned a Bankrate Score of between 0.0 and 5.0 to help you determine the best company for your own needs.

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Why you can trust Bankrate

Read our full methodology

To help Vermont drivers find the best car insurance, Bankrate’s insurance editorial team reviewed some of the largest insurers by market share. We based our picks on a well-rounded analysis of several metrics related to each company.

46

years of industry expertise

122

carriers reviewed

34.5K

ZIP codes examined

1.2M

quotes analyzed

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Advertising disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

How to find the best car insurance in Vermont

Finding the best auto insurance in Vermont may take some time and research, but having the right car insurance policy in place can protect you from significant financial losses if you are involved in a costly at-fault accident. If you’re looking for the best car insurance policy as a driver in Vermont, it may be helpful to:

Related content:

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Advertising disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

How much is car insurance in Vermont?

Vermont drivers pay an average of $1,377 per year for full coverage car insurance and $298 per year for minimum coverage. This is considerably less than the national average cost of car insurance, which is $2,311 per year for full coverage and $640 per year for minimum coverage. It's also less than what some neighboring states pay. In the nearby state of New Hampshire, for example, the average cost of car insurance is $1,663 per year for full coverage car insurance and $456 per year for minimum coverage. The average driver in the neighboring state of Massachusetts pays $1,734 per year for full coverage and $469 per year for minimum coverage.

The lower average cost of car insurance may be due, in part, to the fact that Vermont is home to just 564,894 licensed drivers and its roads and bridges are in good condition, two factors that help make insurance premiums in the state especially cheap. The state is also largely rural with few congested urban areas where accidents are typically more frequent. That means insurance companies take on less risk overall when insuring Vermont drivers, leading to lower average rates for policyholders in the state.

City Avg. annual full coverage premium Avg. savings vs. state average

Estimate your car insurance cost in Vermont

Although your exact premium will vary depending on the company you choose and other factors unique to you, Bankrate's handy calculator can help provide a benchmark figure of what you'll likely pay for your policy. Just answer a few short questions and you will have a potential starting point as you begin your own search for the best auto insurance in Vermont.

Calculate your monthly car insurance payment

Get a quick estimate to make sure you're not overpaying.

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Why we're asking
Methodology

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze the latest rates in June 2024 for ZIP codes and carriers in all 50 states and Washington, D.C. Rates include the most recent approved rate changes filed by insurance companies that affect our profile. These revised rates are then weighted based on the population density in each geographic region so that policyholders can see the impact rates have in their areas. 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 coverage that meets each state’s requirements. Our base profile drivers own a 2022 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

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46
years of industry expertise
Search
122
carriers reviewed
Location
34.5K
ZIP codes examined
Dollar Coin
1.2M
quotes analyzed
Written by
Mary Van Keuren
Contributor, Insurance

Mary Van Keuren has written for insurance domains such as Bankrate, Coverage.com, and The Simple Dollar for the past five years, specializing in home and auto insurance. She has also written extensively for consumer websites including Reviews.com and Slumber Yard. Prior to that, she worked as a writer in academia for several decades.

Edited by Editor, Insurance
Reviewed by Director of corporate communications, Insurance Information Institute