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According to Insurance Information Institutethe average Vermont driver will pay $778 per year for
. Compared to the national average of $935 per year, car insurance in Vermont is affordable in the United States.
Car insurance companies consider your location, age, gender, and driving record to calculate premium rates. Other factors such as credit score, marital status, type of vehicle, previous coverage, and miles driven can all play a role in how much you’ll pay for coverage.
There are opportunities to save by shopping around and comparing coverage beyond the premium or the amount you will pay for coverage.
Minimum Automobile Liability Insurance Requirements in Vermont
In the United States, drivers must have liability coverage. If you are involved in an accident, liability insurance covers the damage you cause to the other vehicle, driver and passengers. If you finance or lease your car, your lender probably requires comprehensive coverage and collision coverage.
The two main components of liability insurance are bodily injury and property damage, which most states require. Liability insurance also includes coverage for uninsured motorists and underinsured motorists. This policy protects you when an at-fault driver hits you and they have no or insufficient coverage.
According to data from the III, Vermont requires bodily, property, uninsured and underinsured coverage. Vermont’s minimum liability requirements are 25/50/10 – up to $25,000 injury protection for each person involved in an accident, up to $50,000 injury per incident and up to $10,000 property damage per incident.
Best Cheap Car Insurance in Vermont Based on Credit Score
consumer reports has compiled a list of all auto insurance rate plans from all companies in every state. He used an average single adult driver to find the best price in each state and found that three companies came out on top for three different levels of credit. Here are the top three companies and their average cover price:
*USAA is only available to military members, veterans and their families
Vermont auto insurance rates by city
Where you live affects your premium. Those in urban areas pay more than those in rural areas. Below is the estimated average annual premium of
policies per household in Vermont’s most populated cities:
Data from S&P Global Market Intelligence
Best auto insurance in Vermont based on customer satisfaction
Customer satisfaction with car insurance providers may be a factor in your decision. Five factors make up customer satisfaction: billing process and policy information, claims, interaction, policy offers, and price. According to a 2021 survey by JD Powera consumer research firm that surveys customers, here are the top auto insurance companies in the New England region (which includes Vermont):
The Most Popular Car Insurance Companies in Vermont Based on Market Share
Here are the most popular car insurance companies in Vermont, based on the percentage of Vermont insured drivers who use them:
* USAA is restricted to active military members, veterans and their families.
Data from S&P Global Market Intelligence
Who gets the best car insurance in Vermont?
The drivers who get the best car insurance rates will be the ones with the best credit. Several other factors can affect how an insurance company will price your premium, including your age, gender, type of car you drive, and where in Vermont you live.
Another way to save is to shop around. Each insurance company prices their policies differently and no two policies are the same. Prices vary greatly depending on whether you have liability, comprehensive or collision coverage.
Consider the amount of coverage and types of coverage listed on your quote. Remember that you are looking for the best coverage for your money. Don’t forget to look at the deductible or the amount you will pay out of pocket if you have an accident.