Cheapest auto insurance in Vermont for 2021

 Vermont has over 500,000 licenced drivers, and every resident who owns a vehicle registered in the state must have car insurance. Car insurance is less expensive in Vermont because the state is smaller and has a lower population density. The average Vermont driver pays $1,207 per year for full coverage car insurance and $292 per year for minimum coverage car insurance.

Cheapest auto insurance in Vermont for 2021

Vermont car insurance policies are less expensive than the national average. Each insurance company, however, charges a different rate. Based on price and market share, the table below includes the cheapest auto insurance in Vermont from the most popular companies in the country:

USAA

Military members, veterans, and certain immediate family members can purchase car insurance through USAA. It is widely regarded as one of the best insurance companies on the market, with the highest overall customer satisfaction rating.

A full coverage policy from USAA costs an average Vermont driver $807 per year, while a minimum coverage policy costs only $195 per year. Drivers can also take advantage of discounts to lower their insurance premiums. Savings opportunities are available through USAA for good students, taking a defensive driving course, insuring a new vehicle, parking a vehicle on a military base, and having a clean driving record.

Geico

Geico's low car insurance rates are difficult to beat for the average Vermont driver. The average Geico full coverage insurance policy costs $968 per year, while the average Geico minimum coverage policy costs $211 per year.

Geico also provides a variety of discounts to its policyholders. Savings for good students, military members, federal employees, emergency deployment, employee/membership groups, having a car with safety features, wearing a seatbelt, and more are available.

Nationwide

Vermont drivers who have Nationwide insurance can take advantage of strong endorsements, helpful online resources, and low-cost coverage. A full coverage policy from Allstate will cost the average Vermont driver $984 per year, while a minimum coverage policy will cost $337 per year.

Nationwide provides common discounts such as taking a defensive driving course, being a safe driver, signing up for paperless billing statements, and not being involved in an accident. Drivers can also benefit from the vanishing deductible programme, which reduces the policy's deductible by $100 for each subsequent year of no claims, up to $500.

State Farm

State Farm is the largest auto insurance company in the United States, accounting for more than 16% of the total market share. One of the reasons State Farm is so popular is because of its low rates. In Vermont, the average driver pays $1,129 per year for a full coverage policy from State Farm and $366 per year for a minimum coverage policy.

Vermont drivers can further reduce their rates by taking advantage of discounts. State Farm has two safe driver reward programmes: Drive Safe & Save for drivers over the age of 25 and Steer Clear for drivers under the age of 25. State Farm also offers discounts for claim-free drivers, intelligent students, students away at school, insuring two or more vehicles, and taking a driver training course.

Allstate

Allstate is a well-known insurance company. Although its full coverage rates are higher than those of the other companies on our list, its minimum coverage rates are competitive. Allstate's average full coverage policy costs $1,893 per year, while the average minimum coverage policy costs $447 per year.

Vermont drivers can take advantage of a variety of discounts in addition to a wide range of coverage options from Allstate. Savings are available for insuring a new car, bundling policies, smart students, signing a policy at least one week before it goes into effect, paying in full, and enrolling in the Drivewise safe driver programme.