Cheap Car Insurance in Vermont for 2023

State Farm offers the cheapest car insurance in Vermont, with an average monthly rate of $71 for full coverage.
Ben Moore
By Ben Moore  
Updated

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Auto insurance is an important purchase, but finding cheap car insurance in Vermont isn’t always easy. The best way to find cheap car insurance is to compare rates from multiple insurers.

The cheapest car insurance company in Vermont is State Farm at $849 per year on average, or $71 per month, according to the most recent NerdWallet analysis of full coverage car insurance rates in Vermont. Meanwhile, the average cost of full coverage car insurance in Vermont is $1,376 per year, or about $115 per month.

Minimum coverage in Vermont is $361 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 $171 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

How we chose the cheapest companies in Vermont

NerdWallet’s editorial team analyzed car insurance rates from 13 auto insurers in Vermont and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 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.

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 Vermont 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.

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: $1,580 per year, or about $132 per month.
  2. Main Street America: $2,008 per year, or about $167 per month.
  3. State Farm: $2,034 per year, or about $170 per month.
  4. Progressive: $2,578 per year, or about $215 per month.
  5. Geico: $2,936 per year, or about $245 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. Concord Group: $562 per year, or about $47 per month.
  2. State Farm: $580 per year, or about $48 per month.
  3. Patriot Insurance: $612 per year, or about $51 per month.
  4. Vermont Mutual: $734 per year, or about $61 per month.
  5. Main Street America: $785 per year, or about $65 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. Concord Group: $803 per year, or about $67 per month.
  2. Allstate: $1,017 per year, or about $85 per month.
  3. Patriot Insurance: $1,088 per year, or about $91 per month.
  4. Geico: $1,295 per year, or about $108 per month.
  5. Progressive: $1,475 per year, or about $123 per month.

Cheapest auto insurance in Vermont for 20-year-old drivers with one speeding ticket

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

  1. Concord Group: $641 per year, or about $53 per month.
  2. State Farm: $649 per year, or about $54 per month.
  3. Patriot Insurance: $671 per year, or about $56 per month.
  4. Vermont Mutual: $801 per year, or about $67 per month.
  5. Union Mutual: $829 per year, or about $69 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. State Farm: $728 per year, or about $61 per month.
  2. Patriot Insurance: $735 per year, or about $61 per month.
  3. Concord Group: $826 per year, or about $69 per month.
  4. Union Mutual: $891 per year, or about $74 per month.
  5. Vermont Mutual: $911 per year, or about $76 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. State Farm: $851 per year, or about $71 per month.
  2. Concord Group: $929 per year, or about $77 per month.
  3. Progressive: $1,028 per year, or about $86 per month.
  4. Allstate: $1,150 per year, or about $96 per month.
  5. Union Mutual: $1,162 per year, or about $97 per month.

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

  1. State Farm: $868 per year, or about $72 per month.
  2. Concord Group: $1,023 per year, or about $85 per month.
  3. Main Street America: $1,084 per year, or about $90 per month.
  4. Vermont Mutual: $1,137 per year, or about $95 per month.
  5. Union Mutual: $1,217 per year, or about $101 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: $171 per year, or about $14 per month.
  2. Patriot Insurance: $196 per year, or about $16 per month.
  3. State Farm: $241 per year, or about $20 per month.
  4. Vermont Mutual: $260 per year, or about $22 per month.
  5. Concord Group: $337 per year, or about $28 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. Concord Group: $1,454 per year, or about $121 per month.
  2. Nationwide: $2,093 per year, or about $174 per month.
  3. Union Mutual: $2,204 per year, or about $184 per month.
  4. Co-Operative: $2,210 per year, or about $184 per month.
  5. Progressive: $2,251 per year, or about $188 per month.

Cheapest auto insurance in Vermont for 30-year-old drivers with one speeding ticket

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

  1. Union Mutual: $171 per year, or about $14 per month.
  2. Patriot Insurance: $213 per year, or about $18 per month.
  3. State Farm: $270 per year, or about $22 per month.
  4. Vermont Mutual: $328 per year, or about $27 per month.
  5. Concord Group: $382 per year, or about $32 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: $1,077 per year, or about $90 per month.
  2. Main Street America: $1,451 per year, or about $121 per month.
  3. Vermont Mutual: $1,468 per year, or about $122 per month.
  4. Concord Group: $1,529 per year, or about $127 per month.
  5. Union Mutual: $1,556 per year, or about $130 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: $1,251 per year, or about $104 per month.
  2. Progressive: $1,519 per year, or about $127 per month.
  3. Concord Group: $1,710 per year, or about $142 per month.
  4. Main Street America: $2,370 per year, or about $197 per month.
  5. Nationwide: $2,931 per year, or about $244 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. State Farm: $840 per year, or about $70 per month.
  2. Concord Group: $910 per year, or about $76 per month.
  3. Main Street America: $1,005 per year, or about $84 per month.
  4. Vermont Mutual: $1,026 per year, or about $86 per month.
  5. Co-Operative: $1,104 per year, or about $92 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: $171 per year, or about $14 per month.
  2. Patriot Insurance: $180 per year, or about $15 per month.
  3. Vermont Mutual: $237 per year, or about $20 per month.
  4. State Farm: $244 per year, or about $20 per month.
  5. Concord Group: $285 per year, or about $24 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. Concord Group: $1,286 per year, or about $107 per month.
  2. Co-Operative: $1,862 per year, or about $155 per month.
  3. Nationwide: $2,030 per year, or about $169 per month.
  4. Progressive: $2,031 per year, or about $169 per month.
  5. Patriot Insurance: $2,095 per year, or about $175 per month.

Cheapest auto insurance in Vermont for 40-year-old drivers with one speeding ticket

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

  1. Union Mutual: $171 per year, or about $14 per month.
  2. Patriot Insurance: $195 per year, or about $16 per month.
  3. State Farm: $273 per year, or about $23 per month.
  4. Vermont Mutual: $305 per year, or about $25 per month.
  5. Concord Group: $321 per year, or about $27 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: $1,042 per year, or about $87 per month.
  2. Concord Group: $1,354 per year, or about $113 per month.
  3. Vermont Mutual: $1,357 per year, or about $113 per month.
  4. Main Street America: $1,363 per year, or about $114 per month.
  5. Patriot Insurance: $1,445 per year, or about $120 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: $1,209 per year, or about $101 per month.
  2. Progressive: $1,378 per year, or about $115 per month.
  3. Concord Group: $1,516 per year, or about $126 per month.
  4. Main Street America: $2,187 per year, or about $182 per month.
  5. Nationwide: $2,881 per year, or about $240 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. State Farm: $815 per year, or about $68 per month.
  2. Concord Group: $871 per year, or about $73 per month.
  3. Vermont Mutual: $916 per year, or about $76 per month.
  4. Co-Operative: $965 per year, or about $80 per month.
  5. Main Street America: $995 per year, or about $83 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: $149 per year, or about $12 per month.
  2. Patriot Insurance: $163 per year, or about $14 per month.
  3. Vermont Mutual: $215 per year, or about $18 per month.
  4. State Farm: $241 per year, or about $20 per month.
  5. Concord Group: $269 per year, or about $22 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. Concord Group: $1,228 per year, or about $102 per month.
  2. Co-Operative: $1,628 per year, or about $136 per month.
  3. Progressive: $1,816 per year, or about $151 per month.
  4. Union Mutual: $1,835 per year, or about $153 per month.
  5. Nationwide: $1,870 per year, or about $156 per month.

Cheapest auto insurance in Vermont for 50-year-old drivers with one speeding ticket

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

  1. Union Mutual: $149 per year, or about $12 per month.
  2. Patriot Insurance: $177 per year, or about $15 per month.
  3. State Farm: $269 per year, or about $22 per month.
  4. Vermont Mutual: $282 per year, or about $24 per month.
  5. Co-Operative: $291 per year, or about $24 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: $1,011 per year, or about $84 per month.
  2. Vermont Mutual: $1,247 per year, or about $104 per month.
  3. Concord Group: $1,294 per year, or about $108 per month.
  4. Patriot Insurance: $1,297 per year, or about $108 per month.
  5. Union Mutual: $1,352 per year, or about $113 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: $1,174 per year, or about $98 per month.
  2. Progressive: $1,256 per year, or about $105 per month.
  3. Concord Group: $1,449 per year, or about $121 per month.
  4. Main Street America: $2,163 per year, or about $180 per month.
  5. Nationwide: $2,747 per year, or about $229 per month.

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. State Farm: $757 per year, or about $63 per month.
  2. Concord Group: $880 per year, or about $73 per month.
  3. Vermont Mutual: $916 per year, or about $76 per month.
  4. Co-Operative: $965 per year, or about $80 per month.
  5. Progressive: $993 per year, or about $83 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: $149 per year, or about $12 per month.
  2. Patriot Insurance: $163 per year, or about $14 per month.
  3. Vermont Mutual: $215 per year, or about $18 per month.
  4. State Farm: $225 per year, or about $19 per month.
  5. Concord Group: $274 per year, or about $23 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. Concord Group: $1,241 per year, or about $103 per month.
  2. Co-Operative: $1,628 per year, or about $136 per month.
  3. Nationwide: $1,706 per year, or about $142 per month.
  4. Progressive: $1,743 per year, or about $145 per month.
  5. Union Mutual: $1,835 per year, or about $153 per month.

Cheapest auto insurance in Vermont for 60-year-old drivers with one speeding ticket

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

  1. Union Mutual: $149 per year, or about $12 per month.
  2. Patriot Insurance: $177 per year, or about $15 per month.
  3. State Farm: $252 per year, or about $21 per month.
  4. Vermont Mutual: $282 per year, or about $24 per month.
  5. Co-Operative: $291 per year, or about $24 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: $940 per year, or about $78 per month.
  2. Vermont Mutual: $1,247 per year, or about $104 per month.
  3. Patriot Insurance: $1,303 per year, or about $109 per month.
  4. Concord Group: $1,307 per year, or about $109 per month.
  5. Union Mutual: $1,352 per year, or about $113 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: $1,091 per year, or about $91 per month.
  2. Progressive: $1,213 per year, or about $101 per month.
  3. Concord Group: $1,464 per year, or about $122 per month.
  4. Main Street America: $2,197 per year, or about $183 per month.
  5. Nationwide: $2,611 per year, or about $218 per month.

Cheapest for 70-year-old drivers

Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.

Cheapest full coverage car insurance in Vermont for 70-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. State Farm: $804 per year, or about $67 per month.
  2. Concord Group: $939 per year, or about $78 per month.
  3. Vermont Mutual: $1,026 per year, or about $86 per month.
  4. Co-Operative: $1,035 per year, or about $86 per month.
  5. Progressive: $1,146 per year, or about $95 per month.

Cheapest minimum coverage car insurance in Vermont for 70-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: $171 per year, or about $14 per month.
  2. Patriot Insurance: $212 per year, or about $18 per month.
  3. Vermont Mutual: $237 per year, or about $20 per month.
  4. State Farm: $240 per year, or about $20 per month.
  5. Concord Group: $302 per year, or about $25 per month.

Cheapest auto insurance in Vermont for 70-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. Concord Group: $1,330 per year, or about $111 per month.
  2. Co-Operative: $1,745 per year, or about $145 per month.
  3. Progressive: $2,002 per year, or about $167 per month.
  4. Nationwide: $2,002 per year, or about $167 per month.
  5. Patriot Insurance: $2,169 per year, or about $181 per month.

Cheapest auto insurance in Vermont for 70-year-old drivers with one speeding ticket

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

  1. Union Mutual: $171 per year, or about $14 per month.
  2. Patriot Insurance: $231 per year, or about $19 per month.
  3. State Farm: $269 per year, or about $22 per month.
  4. Vermont Mutual: $305 per year, or about $25 per month.
  5. Co-Operative: $309 per year, or about $26 per month.

Cheapest auto insurance in Vermont for 70-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: $1,002 per year, or about $83 per month.
  2. Vermont Mutual: $1,357 per year, or about $113 per month.
  3. Concord Group: $1,400 per year, or about $117 per month.
  4. Patriot Insurance: $1,466 per year, or about $122 per month.
  5. Union Mutual: $1,556 per year, or about $130 per month.

Cheapest auto insurance in Vermont for 70-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: $1,165 per year, or about $97 per month.
  2. Progressive: $1,562 per year, or about $130 per month.
  3. Concord Group: $1,566 per year, or about $131 per month.
  4. Main Street America: $2,534 per year, or about $211 per month.
  5. Nationwide: $2,866 per year, or about $239 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 69 of the 70 driver profiles we examined.

» MORE: Best car insurance for veterans and military

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 2020 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.

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. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.

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