Vermont is one of the cheapest states in the nation for full coverage car insurance, on average. According to 2021 data from Bankrate.com, full coverage car insurance for drivers in Vermont costs an average of $1,207 per year. That’s over $400 less than the national average for full coverage auto insurance, which is $1,674 per year.
When looking for auto insurance in the state of Vermont, you may want to consider more than just each company’s average premium. To find the best car insurance for you, it may be helpful to consider the J.D. Power customer satisfaction score, AM Best financial strength score, policy offerings and available discount options. Through an objective analysis of these categories, we found the best car insurance companies in Vermont to be State Farm, Geico, Allstate and USAA.
The 4 Best Car Insurance Companies in Vermont
- Allstate: Best for Discounts
- Geico: Best for Cheap Rates
- State Farm: Best for Customer Service
- USAA: Best for Military-Centric Options
| Average Price for State Minimum* | Average Price for Full Coverage* | AM Best Financial Strength AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. | J.D. Power Customer Satisfaction** J.D. Power scores are based on surveys for customer satisfaction and product quality. | ||
|---|---|---|---|---|---|
| Pin Allstate | $447 | $1,893 | A+ (Superior) | 810/1,000 | |
| Pin Geico | $211 | $968 | A++ (Superior) | 841/1,000 | |
| Pin State Farm | $366 | $1,129 | A++ (Superior) | 855/1,000 | |
| Pin USAA*** | $195 | $807 | A++ (Superior) | 887/1,000 |
Information accurate as of March 2022
*Data provided by Bankrate.com
**J.D. Power 2021 Auto Insurance Satisfaction Study rating for the New England region.
***USAA does not technically qualify for ranking, since membership is restricted to U.S. service members, veterans and qualifying family members.
Best for Discounts
WHY WE CHOSE IT
Why we chose it
Pros
- Many available discounts
- High financial strength score
- Easy-to-use online resources
- Highly-rated mobile app
Cons
- Below-average customer satisfaction score from J.D. Power
- More than average complaints filed with the NAIC
- Highest average premiums on our list
TYPES OF COVERAGE OFFERED
- Collision
- Comprehensive
- Liability
- Medical payments
- Uninsured & underinsured motorist
- Custom equipment
- Roadside assistance
- Personal injury protection
- Personal umbrella
- Rental reimbursement
- Classic car insurance
- Mexico car insurance
DISCOUNTS AVAILABLE
- Vehicle safety
- Multi-policy
- Early signing
- Responsible payer
- Smart student
- New car
- Auto-pay
- Paperless billing
- Pay in full
- Safe driving
Best for Cheap Rates
WHY WE CHOSE IT
Why we chose it
Pros
- Low average monthly premiums
- High financial strength score
- High customer satisfaction score
Cons
- No gap coverage option
- More than average complaints filed with the NAIC
TYPES OF COVERAGE OFFERED
- Comprehensive
- Liability
- Rideshare
- Rental car
- Medical
- Uninsured motorist
- Collision
- Mechanical breakdown
- Emergency roadside assistance
DISCOUNTS AVAILABLE
- Car safety features
- Anti-theft system
- New vehicle
- Good driver
- Seat belt use
- Defensive driving
- Driver education course
- Good student
- Emergency deployment
- Federal employee
- Membership & employee
- Military
- Multi-vehicle
- Multi-policy
Best for Customer Service
WHY WE CHOSE IT
Why we chose it
Pros
- Highest possible financial strength score
- Above-average customer satisfaction score
- 24/7 roadside assistance
Cons
- More complaints filed with the National Association of Insurance Commissioners (NAIC) than average.
- Does not offer gap coverage
TYPES OF COVERAGE OFFERED
- Collision
- Comprehensive
- Liability
- Rental and travel expense
- Uninsured & underinsured motorist
- Medical payments
- Roadside assistance
- Rideshare driver
DISCOUNTS AVAILABLE
- Collision
- Comprehensive
- Liability
- Rental and travel expense
- Uninsured & underinsured motorist
- Medical payments
- Roadside assistance
- Rideshare driver
Best for Military-Centric Options
WHY WE CHOSE IT
Why we chose it
Pros
- Low average annual premiums
- Excellent customer satisfaction score from J.D. Power
- Offers coverage options and services tailored to military families
Cons
- Only available to U.S. Military service members, veterans and their eligible families
TYPES OF COVERAGE OFFERED
- Collision
- Comprehensive
- Liability
- Uninsured & underinsured motorist
- Roadside assistance
- Rental reimbursement
DISCOUNT AVAILABLE
- Garaging your car on a military base
- Bundling
- Anti-theft
- Safe driver
- Good student
- New vehicle
- Multi-vehicle
- Annual mileage
- Family discount
The Average Cost of Car Insurance in Vermont
The average cost of full coverage car insurance in Vermont is $1,207 per year, making it one of the cheapest states for car insurance, according to 2021 data from Bankrate.com. The national average cost of full coverage car insurance is $1,674 per year, over $400 more that what the average driver pays in Vermont. While these averages may be useful for the sake of comparison, keep in mind that the price you pay for your auto insurance depends on personal factors such as your driving record, claims history and the type of vehicle you drive.
Drivers with a clean driving record, a clean claims history and a vehicle with low crash rates may pay less for their insurance. Insurance companies use different underwriting formulas to determine your premium, so you may want to get quotes from multiple providers to see which option is the cheapest for you.
Top 3 Cheapest Car Insurance Companies in Vermont
| Company | Average Annual Full Coverage Premium* |
| USAA | $807 |
| Geico | $968 |
| Nationwide | $984 |
* Data provided by Bankrate.com
Top 3 Most Expensive Car Insurance Companies in Vermont
| Company | Average Annual Full Coverage Premium* |
| Allstate | $1,893 |
| Union Mutual | $1,488 |
| State Farm | $1,129 |
* Data provided by Bankrate.com
Top 3 Cheapest Cities for Car Insurance in Vermont
| City | Average Annual Full Coverage Premium* |
| Essex Junction | $1,111 |
| South Burlington | $1,114 |
| Winooski | $1,119 |
* Data provided by Bankrate.com
Top 3 Most Expensive Cities for Car Insurance in Vermont
| City | Average Annual Full Coverage Premium* |
| Belvidere Center | $1,240 |
| Jeffersonville | $1,240 |
| Eden | $1,239 |
* Data provided by Bankrate.com
Guide to Vermont Car Insurance
In Vermont, motorists are required to have certain insurance coverage types. According to Vermont state statute 23 V.S.A. § 800, drivers must purchase bodily injury & property damage liability insurance. Drivers are also required to have uninsured motorist coverage as well as uninsured property damage coverage.
Key Takeaways
- If you can’t provide proof of valid car insurance, you may be fined for up to $500. You have 20 days to show the proof of coverage or your driver’s license will be suspended until you present the document.
- Vermont residents can request the DMV to re-examine neighbors, friends or family members they consider unsafe drivers.
- Underage drivers may receive a “junior license” with certain restrictions.
Car Insurance Add-Ons That May Further Protect You
- Add-on Medical Payments: In the event an accident results in bodily injury to either yourself or the other person involved, medical payments coverage will reimburse you for any medical expenses incurred, up to your policy’s limits.
- Add-on Roadside Assistance: Vermont is known for its harsh winters and muddy springtime weather, so it’s a good idea to consider roadside assistance coverage in case you get stuck on the side of the road.
- Add-on Towing & Labor Cost: In the event you need a car towed, towing and labor cost coverage will reimburse you for costs associated with transporting your vehicle to your home or auto shop.
- Add-on Collision: There are many dirt roads in Vermont, as well as oversized tractors and commercial trucks traveling down the road, so adding collision coverage is a great idea for state residents.
Vermont Minimum Insurance Requirements
Vermont requires motorists to have a minimum amount of bodily injury liability coverage per person and per accident. The state also mandates a specific dollar amount for property damage liability coverage. In addition, Vermont drivers are required to have uninsured motorist and uninsured property damage coverage.
Minimum requirements in the state of Vermont is divided as follows:
- $25,000 bodily injury liability coverage per person
- $50,000 bodily injury liability coverage per accident
- $10,000 for property damage
- $50,000 uninsured motorist bodily injury per person
- $100,000 uninsured motorist bodily injury per accident
- $10,000 uninsured motorist property damage per accident
Vermont Auto Insurance FAQ
Methodology
Reviews.com reviews products, services, and companies based on five criteria to help readers understand how companies compare based on similar metrics. For the best car insurance companies, our editorial team compared affordability, customer support, coverage options, customer satisfaction scores, and online resources from each company to determine top providers.
As for average pricing, we used Bankrate.com’s 2021 data of car insurance in Vermont, based on the profiles of a 40-year male and female. For full coverage, the details used were the following:
- $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 2019 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.
About the Authors
Carly Severino is a writer for Reviews.com with over 15 years of experience. Over the last four months, she has covered homeowners insurance, auto insurance, internet providers, and more. She writes about insurance and personal finance and her work has been featured in publications such as Bankrate, The Simple Dollar and Coverage.com. The Best Internet Providers of 2020 is Carly’s favorite story on Reviews.com.
