Find Cheaper Vermont Car Insurance Rates in 2024
Enter your Vermont zip code below to view companies that have cheap auto insurance rates.
Estimated insurance rates in Vermont for 2024 are $962 a year for full coverage. Comprehensive, collision, and liability cost approximately $214, $390, and $248, respectively. Northfield and Newport average the highest auto insurance rates, and the two companies who insure the most vehicles in Vermont are Progressive and Geico.
Average rate for full coverage: $962
Premium estimates by individual coverage type:
40-year-old driver, full coverage with $500 deductibles, and good driving record
Price Range of Auto Insurance in Vermont
Using a 40-year-old driver as an example, insurance rates go from the low end price of $294 for just liability insurance to a high of $2,076 for a policy for a high-risk driver.
These rate differences show why it is important to get quotes using their specific location, instead of depending on rates averaged for all U.S. states.
Use the form below to get accurate rates for your location.
Enter your Vermont zip code below to view companies that have cheap auto insurance rates.
Recommended Companies for Cheap Vermont Insurance
Chart shows Vermont auto insurance prices for different risks and coverage choices. The cheapest discount price is $554. Drivers choosing higher $1,000 deductibles will pay $824. The average price for a middle-aged driver with a clean driving record using $500 deductibles is $962. Choosing low $100 deductibles for comprehensive and collision insurance could cause an increase to $1,228. If you have multiple accidents and violations you could be charged up to $2,076. The cost for full coverage insurance for a teenager can get as high as $3,532.
Insurance rates in Vermont also have a wide range based on the type of vehicle you drive, how you drive, and physical damage deductibles and liability limits.
If you have a few violations or you caused an accident, you could be paying anywhere from $1,100 to $1,600 extra annually, depending on your age. A high-risk auto insurance policy ranges from 45% to 128% more than the average rate. View High Risk Driver Rates
Opting for high physical damage deductibles can save as much as $410 annually, while buying higher liability limits will push prices upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $223 more per year. View Rates by Deductible or Liability Limit
The company you buy your policy from has an impact on price. Each company has a different rate structure, and prices can change based upon different risk factors. In Vermont, car insurance prices range from $472 with Safeco to as much as $2,017 with Union Mutual. Companies like California Casualty, USAA, and The Hartford generally fall somewhere towards the middle.
Those most likely are not the prices you would have to pay, as your location, your driving history, and the vehicle you are insuring all influence the price.| Rank | Company | Market Share | Average Rate |
|---|---|---|---|
| 1 | Progressive | 15.78% | $1,223 |
| 2 | Geico | 14.01% | $901 |
| 3 | Liberty Mutual | 8.76% | $1,366 |
| 4 | State Farm | 8.21% | $1,289 |
| 5 | Allstate | 6.52% | $1,552 |
| 6 | Concord | 4.96% | $874 |
| 7 | USAA | 4.33% | $632 |
| 8 | The Hartford | 4.30% | $633 |
| 9 | Vermont Mutual | 4.10% | $1,533 |
| 10 | Travelers | 3.95% | $722 |
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Source: National Association of Insurance Commissioners (NAIC) 2015 Market Share Report and The Zebra
Older drivers with a clean driving record and higher comprehensive and collision deductibles may pay as low as $900 annually on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records can expect to pay in the ballpark of $3,500 a year. View Rates by Age
The make and model of vehicle you drive is a large factor when calculating the price you pay for insurance in Vermont. Buying a more affordable and safer model will be cheaper to insure due to cheaper repair costs and lower severity of accident injuries.
This table shows car insurance premium estimates for the best selling vehicles in Vermont.
| Make and Model | Premium | % to Avg |
|---|---|---|
| Chevrolet Silverado | $1,016 | 5.3% |
| Dodge Ram | $1,044 | 7.9% |
| Ford Escape | $800 | -20.3% |
| Ford Focus | $930 | -3.4% |
| Ford Fusion | $1,022 | 5.9% |
| Ford F-150 | $904 | -6.4% |
| GMC Acadia | $886 | -8.6% |
| GMC Sierra | $1,000 | 3.8% |
| Honda Accord | $898 | -7.1% |
| Honda Civic | $1,052 | 8.6% |
| Honda CR-V | $778 | -23.7% |
| Honda Pilot | $914 | -5.3% |
| Hyundai Sonata | $978 | 1.6% |
| Kia Optima | $996 | 3.4% |
| Nissan Altima | $990 | 2.8% |
| Nissan Rogue | $968 | 0.6% |
| Toyota Camry | $980 | 1.8% |
| Toyota Corolla | $958 | -0.4% |
| Toyota Prius | $892 | -7.8% |
| Toyota RAV4 | $908 | -5.9% |
| Get Rates for Your Vehicle Quote Now | ||
Annual estimated premium for full coverage, $500 deductibles, driver age 40 with clean driving record.
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Where you choose to live in Vermont plays a big part in determining prices for auto insurance prices. Areas with less traffic congestion might see rates around $700 a year, whereas some neighorhoods in Northfield and Newport may have prices as high as $1,100. Geographically different areas with close proximity in the same city can have significantly different rates.
These price discrepancies demonstrate the significance of getting rates for your specific Vermont zip code.
With so much difference in prices, the only way to know which insurance company is cheapest is to get quotes from multiple companies. Each auto insurer utilizes a different rate formula, so the rates will be substantially different.
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $3,532 |
| 20 | $2,220 |
| 30 | $1,004 |
| 40 | $962 |
| 50 | $878 |
| 60 | $860 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,228 |
| $250 | $1,104 |
| $500 | $962 |
| $1,000 | $824 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $962 |
| 50/100 | $1,012 |
| 100/300 | $1,074 |
| 250/500 | $1,235 |
| 100 CSL | $1,036 |
| 300 CSL | $1,173 |
| 500 CSL | $1,272 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $5,050 |
| 20 | $3,522 |
| 30 | $2,126 |
| 40 | $2,076 |
| 50 | $1,980 |
| 60 | $1,960 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $51 |
| Multi-vehicle | $49 |
| Homeowner | $13 |
| 5-yr Accident Free | $72 |
| 5-yr Claim Free | $62 |
| Paid in Full/EFT | $45 |
| Advance Quote | $48 |
| Online Quote | $68 |
| Total Discounts | $408 |
Discounts are estimated and may not be available from every company or in every state.
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