Cheap Car Insurance in Vermont for April 2024

Union Mutual offers the cheapest car insurance in Vermont, with an average annual rate of $676 for full coverage.
Ben Moore
By Ben Moore  
Updated

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Table of Contents

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 Union Mutual at $676 per year on average, or $56 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 $1,251 per year, or about $104 per month.

Minimum coverage in Vermont is $380 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 $193 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 12 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. Allstate: $7,160 per year, or about $597 per month.
  2. Geico: $3,372 per year, or about $281 per month.
  3. Nationwide: $3,323 per year, or about $277 per month.
  4. Progressive: $2,650 per year, or about $221 per month.
  5. State Farm: $2,208 per year, or about $184 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. Allstate: $911 per year, or about $76 per month.
  2. Geico: $981 per year, or about $82 per month.
  3. Nationwide: $1,231 per year, or about $103 per month.
  4. Progressive: $892 per year, or about $74 per month.
  5. State Farm: $569 per year, or about $47 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. Allstate: $976 per year, or about $81 per month.
  2. Geico: $1,267 per year, or about $106 per month.
  3. Nationwide: $1,669 per year, or about $139 per month.
  4. Progressive: $1,458 per year, or about $122 per month.
  5. State Farm: $2,003 per year, or about $167 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. Allstate: $959 per year, or about $80 per month.
  2. Geico: $1,204 per year, or about $100 per month.
  3. Nationwide: $1,368 per year, or about $114 per month.
  4. Progressive: $1,061 per year, or about $88 per month.
  5. State Farm: $634 per year, or about $53 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. Allstate: $1,088 per year, or about $91 per month.
  2. Geico: $1,303 per year, or about $109 per month.
  3. Nationwide: $1,414 per year, or about $118 per month.
  4. Progressive: $1,202 per year, or about $100 per month.
  5. State Farm: $729 per year, or about $61 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. Allstate: $1,115 per year, or about $93 per month.
  2. Geico: $1,789 per year, or about $149 per month.
  3. Nationwide: $1,643 per year, or about $137 per month.
  4. Progressive: $989 per year, or about $82 per month.
  5. State Farm: $845 per year, or about $70 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. Geico: $1,319 per year, or about $110 per month.
  2. Nationwide: $1,484 per year, or about $124 per month.
  3. Progressive: $1,272 per year, or about $106 per month.
  4. State Farm: $982 per year, or about $82 per month.
  5. Patriot Insurance: $1,351 per year, or about $113 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. Allstate: $547 per year, or about $46 per month.
  2. Geico: $412 per year, or about $34 per month.
  3. Nationwide: $542 per year, or about $45 per month.
  4. Progressive: $475 per year, or about $40 per month.
  5. State Farm: $247 per year, or about $21 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. Allstate: $4,005 per year, or about $334 per month.
  2. Geico: $1,887 per year, or about $157 per month.
  3. Nationwide: $2,048 per year, or about $171 per month.
  4. Progressive: $2,222 per year, or about $185 per month.
  5. State Farm: $3,433 per year, or about $286 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. Allstate: $586 per year, or about $49 per month.
  2. Geico: $532 per year, or about $44 per month.
  3. Nationwide: $655 per year, or about $55 per month.
  4. Progressive: $613 per year, or about $51 per month.
  5. State Farm: $277 per year, or about $23 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. Allstate: $4,063 per year, or about $339 per month.
  2. Geico: $2,659 per year, or about $222 per month.
  3. Nationwide: $2,206 per year, or about $184 per month.
  4. Progressive: $2,037 per year, or about $170 per month.
  5. State Farm: $1,219 per year, or about $102 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. Allstate: $4,111 per year, or about $343 per month.
  2. Geico: $4,523 per year, or about $377 per month.
  3. Nationwide: $2,840 per year, or about $237 per month.
  4. Progressive: $1,468 per year, or about $122 per month.
  5. State Farm: $1,418 per year, or about $118 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. Geico: $1,319 per year, or about $110 per month.
  2. Nationwide: $1,422 per year, or about $119 per month.
  3. Progressive: $1,144 per year, or about $95 per month.
  4. State Farm: $947 per year, or about $79 per month.
  5. Concord Group: $996 per year, or about $83 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. Allstate: $547 per year, or about $46 per month.
  2. Geico: $412 per year, or about $34 per month.
  3. Nationwide: $533 per year, or about $44 per month.
  4. Progressive: $446 per year, or about $37 per month.
  5. State Farm: $250 per year, or about $21 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. Allstate: $4,005 per year, or about $334 per month.
  2. Geico: $1,887 per year, or about $157 per month.
  3. Nationwide: $1,961 per year, or about $163 per month.
  4. Progressive: $2,010 per year, or about $167 per month.
  5. State Farm: $3,307 per year, or about $276 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. Allstate: $586 per year, or about $49 per month.
  2. Geico: $532 per year, or about $44 per month.
  3. Nationwide: $646 per year, or about $54 per month.
  4. Progressive: $583 per year, or about $49 per month.
  5. State Farm: $280 per year, or about $23 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. Allstate: $4,063 per year, or about $339 per month.
  2. Geico: $2,659 per year, or about $222 per month.
  3. Nationwide: $2,142 per year, or about $179 per month.
  4. Progressive: $1,889 per year, or about $157 per month.
  5. State Farm: $1,176 per year, or about $98 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. Allstate: $4,111 per year, or about $343 per month.
  2. Geico: $4,523 per year, or about $377 per month.
  3. Nationwide: $2,775 per year, or about $231 per month.
  4. Progressive: $1,334 per year, or about $111 per month.
  5. State Farm: $1,367 per year, or about $114 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. Geico: $1,422 per year, or about $119 per month.
  2. Nationwide: $1,325 per year, or about $110 per month.
  3. Progressive: $1,020 per year, or about $85 per month.
  4. State Farm: $918 per year, or about $77 per month.
  5. Union Mutual: $569 per year, or about $47 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. Allstate: $488 per year, or about $41 per month.
  2. Geico: $436 per year, or about $36 per month.
  3. Nationwide: $499 per year, or about $42 per month.
  4. Progressive: $408 per year, or about $34 per month.
  5. State Farm: $247 per year, or about $21 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. Allstate: $3,465 per year, or about $289 per month.
  2. Geico: $2,034 per year, or about $170 per month.
  3. Nationwide: $1,818 per year, or about $152 per month.
  4. Progressive: $1,796 per year, or about $150 per month.
  5. State Farm: $3,201 per year, or about $267 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. Allstate: $524 per year, or about $44 per month.
  2. Geico: $563 per year, or about $47 per month.
  3. Nationwide: $607 per year, or about $51 per month.
  4. Progressive: $555 per year, or about $46 per month.
  5. State Farm: $276 per year, or about $23 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. Allstate: $3,520 per year, or about $293 per month.
  2. Geico: $2,769 per year, or about $231 per month.
  3. Nationwide: $2,035 per year, or about $170 per month.
  4. Progressive: $1,787 per year, or about $149 per month.
  5. State Farm: $1,140 per year, or about $95 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. Allstate: $3,597 per year, or about $300 per month.
  2. Geico: $4,654 per year, or about $388 per month.
  3. Nationwide: $2,681 per year, or about $223 per month.
  4. Progressive: $1,218 per year, or about $101 per month.
  5. State Farm: $1,326 per year, or about $111 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. Geico: $1,422 per year, or about $119 per month.
  2. Nationwide: $1,201 per year, or about $100 per month.
  3. Progressive: $983 per year, or about $82 per month.
  4. State Farm: $853 per year, or about $71 per month.
  5. Patriot Insurance: $1,119 per year, or about $93 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. Allstate: $493 per year, or about $41 per month.
  2. Geico: $436 per year, or about $36 per month.
  3. Nationwide: $459 per year, or about $38 per month.
  4. Progressive: $395 per year, or about $33 per month.
  5. State Farm: $231 per year, or about $19 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. Allstate: $3,467 per year, or about $289 per month.
  2. Geico: $2,034 per year, or about $170 per month.
  3. Nationwide: $1,648 per year, or about $137 per month.
  4. Progressive: $1,727 per year, or about $144 per month.
  5. State Farm: $2,967 per year, or about $247 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. Allstate: $530 per year, or about $44 per month.
  2. Geico: $563 per year, or about $47 per month.
  3. Nationwide: $572 per year, or about $48 per month.
  4. Progressive: $541 per year, or about $45 per month.
  5. State Farm: $259 per year, or about $22 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. Allstate: $3,537 per year, or about $295 per month.
  2. Geico: $2,769 per year, or about $231 per month.
  3. Nationwide: $1,885 per year, or about $157 per month.
  4. Progressive: $1,749 per year, or about $146 per month.
  5. State Farm: $1,060 per year, or about $88 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. Allstate: $3,601 per year, or about $300 per month.
  2. Geico: $4,654 per year, or about $388 per month.
  3. Nationwide: $2,522 per year, or about $210 per month.
  4. Progressive: $1,179 per year, or about $98 per month.
  5. State Farm: $1,232 per year, or about $103 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. Geico: $1,643 per year, or about $137 per month.
  2. Nationwide: $1,438 per year, or about $120 per month.
  3. Progressive: $1,132 per year, or about $94 per month.
  4. State Farm: $907 per year, or about $76 per month.
  5. Concord Group: $1,031 per year, or about $86 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. Allstate: $478 per year, or about $40 per month.
  2. Geico: $502 per year, or about $42 per month.
  3. Nationwide: $559 per year, or about $47 per month.
  4. Progressive: $449 per year, or about $37 per month.
  5. State Farm: $247 per year, or about $21 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. Allstate: $3,379 per year, or about $282 per month.
  2. Geico: $2,350 per year, or about $196 per month.
  3. Nationwide: $1,977 per year, or about $165 per month.
  4. Progressive: $1,979 per year, or about $165 per month.
  5. State Farm: $3,159 per year, or about $263 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. Allstate: $512 per year, or about $43 per month.
  2. Geico: $648 per year, or about $54 per month.
  3. Nationwide: $668 per year, or about $56 per month.
  4. Progressive: $677 per year, or about $56 per month.
  5. State Farm: $276 per year, or about $23 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. Allstate: $3,439 per year, or about $287 per month.
  2. Geico: $3,199 per year, or about $267 per month.
  3. Nationwide: $2,153 per year, or about $179 per month.
  4. Progressive: $2,156 per year, or about $180 per month.
  5. State Farm: $1,129 per year, or about $94 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. Allstate: $3,520 per year, or about $293 per month.
  2. Geico: $5,474 per year, or about $456 per month.
  3. Nationwide: $2,794 per year, or about $233 per month.
  4. Progressive: $1,516 per year, or about $126 per month.
  5. State Farm: $1,316 per year, or about $110 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 2021 Toyota Camry LE 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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