The Cheapest Car Insurance in Vermont for 2022

NerdWallet analyzed auto insurance rates to find you the cheapest car insurance in Vermont for a variety of ages and driving histories.
Dec 10, 2021

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Auto insurance is an important purchase, but finding cheap car insurance in Vermont isn’t always easy. That’s why it’s important to compare rates from multiple insurers.

The average cost of full coverage car insurance in Vermont is $1,108 per year, or about $92 per month, according to NerdWallet’s analysis. Minimum coverage in Vermont is $353 per year on average, but we found you can likely get a cheaper policy. For example, Union Mutual offers the cheapest rates in Vermont at $182 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

Why you can trust NerdWallet: Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which include rates from every locale in the country where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.

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Cheapest car insurance company overall in Vermont

Union Mutual

$46/month

Not yet rated.

Cheapest for minimum coverage

Union Mutual

$15/month

Not yet rated.

Cheapest for young drivers

Concord Group

$117/month

Not yet rated.

Cheapest for drivers with poor credit

Union Mutual

$46/month

Not yet rated.

How we chose the cheapest companies in Vermont

NerdWallet’s editorial team analyzed car insurance rates from nine auto insurers in Vermont and found the five cheapest options for drivers in several age brackets and with different histories, all driving a 2019 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Vermont. For full coverage, we used the below 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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

Cheapest for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

Cheapest full coverage car insurance in Vermont for 20-year-olds

Drivers in Vermont with clean driving records may want to consider the following companies, which had the lowest average rates:

  1. Concord Group: $1,405 per year, or about $117 per month.

  2. Nationwide: $1,577 per year, or about $131 per month.

  3. State Farm: $1,676 per year, or about $140 per month.

  4. Geico: $1,752 per year, or about $146 per month.

  5. Progressive: $3,047 per year, or about $254 per month.

Cheapest minimum coverage car insurance in Vermont for 20-year-olds

Drivers in Vermont who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. Geico: $435 per year, or about $36 per month.

  2. Concord Group: $505 per year, or about $42 per month.

  3. State Farm: $509 per year, or about $42 per month.

  4. Nationwide: $752 per year, or about $63 per month.

  5. Allstate: $759 per year, or about $63 per month.

Cheapest auto insurance in Vermont for 20-year-olds with poor credit

Drivers with poor credit in Vermont should look at the following insurers with the lowest average rates for minimum coverage:

  1. Geico: $524 per year, or about $44 per month.

  2. Concord Group: $722 per year, or about $60 per month.

  3. Allstate: $843 per year, or about $70 per month.

  4. Nationwide: $1,008 per year, or about $84 per month.

  5. Progressive: $1,659 per year, or about $138 per month.

Cheapest auto insurance in Vermont for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Vermont, here are the companies with the lowest average rates for minimum coverage:

  1. Geico: $518 per year, or about $43 per month.

  2. State Farm: $670 per year, or about $56 per month.

  3. Concord Group: $745 per year, or about $62 per month.

  4. Nationwide: $854 per year, or about $71 per month.

  5. Allstate: $881 per year, or about $73 per month.

Cheapest auto insurance in Vermont for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.

  1. Geico: $673 per year, or about $56 per month.

  2. State Farm: $800 per year, or about $67 per month.

  3. Concord Group: $840 per year, or about $70 per month.

  4. Allstate: $921 per year, or about $77 per month.

  5. Nationwide: $983 per year, or about $82 per month.

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Cheapest for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Vermont for 30-year-olds

Drivers in Vermont with clean driving records may get the lowest rates from these companies:

  1. Union Mutual: $555 per year, or about $46 per month.

  2. Nationwide: $777 per year, or about $65 per month.

  3. State Farm: $798 per year, or about $66 per month.

  4. Geico: $875 per year, or about $73 per month.

  5. Concord Group: $889 per year, or about $74 per month.

Cheapest minimum coverage car insurance in Vermont for 30-year-olds

Drivers in Vermont who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

  1. Union Mutual: $182 per year, or about $15 per month.

  2. Geico: $216 per year, or about $18 per month.

  3. State Farm: $244 per year, or about $20 per month.

  4. Concord Group: $301 per year, or about $25 per month.

  5. Nationwide: $353 per year, or about $29 per month.

Cheapest auto insurance in Vermont for 30-year-olds with poor credit

Drivers with poor credit in Vermont should consider the following companies with the lowest average rates for full coverage:

  1. Union Mutual: $1,007 per year, or about $84 per month.

  2. Geico: $1,038 per year, or about $86 per month.

  3. Nationwide: $1,053 per year, or about $88 per month.

  4. Concord Group: $1,279 per year, or about $107 per month.

  5. Allstate: $2,214 per year, or about $184 per month.

Cheapest auto insurance in Vermont for 30-year-old drivers with one at-fault crash

For drivers in Vermont with a recent accident, here are the lowest average rate options for full coverage:

  1. State Farm: $1,034 per year, or about $86 per month.

  2. Nationwide: $1,121 per year, or about $93 per month.

  3. Union Mutual: $1,189 per year, or about $99 per month.

  4. Concord Group: $1,339 per year, or about $112 per month.

  5. Geico: $1,339 per year, or about $112 per month.

Cheapest auto insurance in Vermont for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

  1. State Farm: $1,221 per year, or about $102 per month.

  2. Nationwide: $1,403 per year, or about $117 per month.

  3. Concord Group: $1,492 per year, or about $124 per month.

  4. Progressive: $1,808 per year, or about $151 per month.

  5. Geico: $1,852 per year, or about $154 per month.

Cheapest for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Vermont for 40-year-olds

Drivers in Vermont with clean driving records may want to think about the following companies, which had the lowest average rates:

  1. Union Mutual: $555 per year, or about $46 per month.

  2. Nationwide: $761 per year, or about $63 per month.

  3. State Farm: $780 per year, or about $65 per month.

  4. Concord Group: $783 per year, or about $65 per month.

  5. Geico: $848 per year, or about $71 per month.

Cheapest minimum coverage car insurance in Vermont for 40-year-olds

Drivers in Vermont who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  1. Union Mutual: $182 per year, or about $15 per month.

  2. Geico: $215 per year, or about $18 per month.

  3. State Farm: $246 per year, or about $20 per month.

  4. Concord Group: $252 per year, or about $21 per month.

  5. Nationwide: $351 per year, or about $29 per month.

Cheapest auto insurance in Vermont for 40-year-olds with poor credit

Drivers with poor credit in Vermont can check out the following insurers with the lowest average rates for full coverage:

  1. Union Mutual: $1,007 per year, or about $84 per month.

  2. Geico: $1,010 per year, or about $84 per month.

  3. Nationwide: $1,029 per year, or about $86 per month.

  4. Concord Group: $1,122 per year, or about $94 per month.

  5. Allstate: $2,214 per year, or about $184 per month.

Cheapest auto insurance in Vermont for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Vermont, here are the companies with the lowest average rates for full coverage:

  1. State Farm: $1,010 per year, or about $84 per month.

  2. Nationwide: $1,102 per year, or about $92 per month.

  3. Concord Group: $1,175 per year, or about $98 per month.

  4. Union Mutual: $1,189 per year, or about $99 per month.

  5. Geico: $1,306 per year, or about $109 per month.

Cheapest auto insurance in Vermont for 40-year-old drivers after a DUI

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

  1. State Farm: $1,191 per year, or about $99 per month.

  2. Concord Group: $1,311 per year, or about $109 per month.

  3. Nationwide: $1,384 per year, or about $115 per month.

  4. Progressive: $1,676 per year, or about $140 per month.

  5. Geico: $1,819 per year, or about $152 per month.

Cheapest for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.

Cheapest full coverage car insurance in Vermont for 50-year-olds

Drivers in Vermont with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

  1. Union Mutual: $468 per year, or about $39 per month.

  2. Nationwide: $725 per year, or about $60 per month.

  3. Concord Group: $747 per year, or about $62 per month.

  4. State Farm: $764 per year, or about $64 per month.

  5. Geico: $784 per year, or about $65 per month.

Cheapest minimum coverage car insurance in Vermont for 50-year-olds

Drivers in Vermont who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

  1. Union Mutual: $158 per year, or about $13 per month.

  2. Geico: $197 per year, or about $16 per month.

  3. Concord Group: $237 per year, or about $20 per month.

  4. State Farm: $244 per year, or about $20 per month.

  5. Nationwide: $334 per year, or about $28 per month.

Cheapest auto insurance in Vermont for 50-year-olds with poor credit

Drivers with poor credit in Vermont can check with the following companies, which showed the lowest average rates for full coverage:

  1. Union Mutual: $849 per year, or about $71 per month.

  2. Geico: $958 per year, or about $80 per month.

  3. Nationwide: $978 per year, or about $82 per month.

  4. Concord Group: $1,068 per year, or about $89 per month.

  5. Allstate: $1,947 per year, or about $162 per month.

Cheapest auto insurance in Vermont for 50-year-old drivers with one at-fault crash

For drivers living in Vermont with a recent accident, here are the insurers with the lowest average full coverage rates:

  1. State Farm: $990 per year, or about $82 per month.

  2. Union Mutual: $1,042 per year, or about $87 per month.

  3. Nationwide: $1,063 per year, or about $89 per month.

  4. Concord Group: $1,118 per year, or about $93 per month.

  5. Geico: $1,240 per year, or about $103 per month.

Cheapest auto insurance in Vermont for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

  1. State Farm: $1,169 per year, or about $97 per month.

  2. Concord Group: $1,248 per year, or about $104 per month.

  3. Nationwide: $1,351 per year, or about $113 per month.

  4. Progressive: $1,572 per year, or about $131 per month.

  5. Geico: $1,766 per year, or about $147 per month.

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Cheapest for 60-year-old drivers

Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Vermont for 60-year-olds

Drivers in Vermont with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. Union Mutual: $468 per year, or about $39 per month.

  2. Nationwide: $677 per year, or about $56 per month.

  3. State Farm: $723 per year, or about $60 per month.

  4. Concord Group: $754 per year, or about $63 per month.

  5. Geico: $779 per year, or about $65 per month.

Cheapest minimum coverage car insurance in Vermont for 60-year-olds

Drivers in Vermont who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. Union Mutual: $158 per year, or about $13 per month.

  2. Geico: $197 per year, or about $16 per month.

  3. State Farm: $233 per year, or about $19 per month.

  4. Concord Group: $241 per year, or about $20 per month.

  5. Nationwide: $313 per year, or about $26 per month.

Cheapest auto insurance in Vermont for 60-year-olds with poor credit

Drivers with poor credit in Vermont can look at the following companies with the lowest average rates for full coverage:

  1. Union Mutual: $849 per year, or about $71 per month.

  2. Nationwide: $911 per year, or about $76 per month.

  3. Geico: $953 per year, or about $79 per month.

  4. Concord Group: $1,080 per year, or about $90 per month.

  5. Allstate: $1,946 per year, or about $162 per month.

Cheapest auto insurance in Vermont for 60-year-old drivers with one at-fault crash

For drivers with a recent accident living in Vermont, here are the companies with the lowest average rates for full coverage:

  1. State Farm: $937 per year, or about $78 per month.

  2. Nationwide: $1,005 per year, or about $84 per month.

  3. Union Mutual: $1,042 per year, or about $87 per month.

  4. Concord Group: $1,131 per year, or about $94 per month.

  5. Geico: $1,235 per year, or about $103 per month.

Cheapest auto insurance in Vermont for 60-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. State Farm: $1,106 per year, or about $92 per month.

  2. Concord Group: $1,262 per year, or about $105 per month.

  3. Nationwide: $1,293 per year, or about $108 per month.

  4. Progressive: $1,538 per year, or about $128 per month.

  5. Geico: $1,760 per year, or about $147 per month.

Cheapest car insurance for military families

If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.

Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest three auto insurance options for 30 of the 48 driver profiles we examined.

Minimum car insurance requirements in Vermont

Vermont auto policies must include liability insurance and uninsured/underinsured motorist coverage with the following minimum limits:

  • $25,000 bodily injury liability per person.

  • $50,000 bodily injury liability per crash.

  • $10,000 property damage liability per crash.

  • $50,000 uninsured/underinsured motorist bodily injury per person.

  • $100,000 uninsured/underinsured motorist bodily injury per crash.

  • $10,000 uninsured/underinsured motorist property damage per crash.

It’s wise to consider buying more than the legal minimum, as those amounts may not be enough to fully cover car accidents. For instance, causing a crash could easily leave you owing more than $10,000 in property damage. You’d have to pay the remaining balance if that’s where your limit ends.

Check out NerdWallet's guide to minimum car insurance requirements by state for more help planning your Vermont auto policy.

Alternative car insurance in Vermont

Drivers with poor credit, DUIs or other red flags could have trouble getting auto coverage on the voluntary market. As an alternative, you can apply for coverage through the Vermont Automobile Insurance Plan.

For more help finding cheap car insurance in Vermont, try NerdWallet's easy-to-use car insurance comparison tool.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following 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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

We used a 2019 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 60 years old in ten-year increments.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.

  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.

  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.

These are rates generated through Quadrant Information Services. Your own rates will be different.

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