In Vermont, the average annual cost for full coverage car insurance is $799, while minimum coverage averages at $317. These rates mean you save $497 and $278, respectively, compared to the national average — making car insurance more affordable in the Green Mountain State.
Average Cost of Car Insurance in Vermont
Updated: January 14, 2025
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Key Takeaways
Drivers in Vermont pay 38% less for full coverage car insurance compared to the national average.
For minimum coverage, Vermont drivers pay 47% less than the national average.
The average cost of car insurance in Vermont is $317 for minimum coverage and $799 for full coverage, making it one of the most affordable states.
How Much Is Car Insurance in Vermont?
| Full Coverage | $799 | $1,296 | -38% |
| State Minimum Liability Only | $317 | $595 | -47% |
Read More: Average Cost of Car Insurance
Vermont Car Insurance Rates by Coverage Level
Your choice of coverage level changes your car insurance cost in the Green Mountain State. Opting for higher liability limits and full coverage ups your rate, while a higher deductible might lower your bill. Below you'll find average rates for state minimum and full coverage policies with various deductibles in Vermont.
| 300/500/300 | Full Coverage | $933 | $500 |
| 100/300/100 | Full Coverage | $890 | $0 |
| 300/500/300 | Full Coverage | $852 | $1,500 |
| 300/500/300 | Full Coverage | $842 | $1,000 |
| State Minimum | Full Coverage | $835 | $500 |
| 100/300/100 | Full Coverage | $809 | $1,500 |
| 100/300/100 | Full Coverage | $799 | $1,000 |
| State Minimum | Full Coverage | $754 | $1,500 |
| State Minimum | Full Coverage | $744 | $1,000 |
| 300/500/300 | Liability Only | $473 | $0 |
| 100/300/100 | Liability Only | $386 | $0 |
| State Minimum | Liability Only | $317 | $0 |
Read More: Liability vs. Full Coverage Car Insurance
Average Vermont Car Insurance Cost by Age
In Vermont, your age can change how much you pay for car insurance. Young drivers are seen as riskier, so they pay more. For example, 25-year-olds pay 23% more for full coverage and 29% more for state minimum coverage than 40-year-olds. Compared to 65-year-olds, they pay even more — 34% and 31% extra, respectively.
| 25 | $1,032 | $408 |
| 40 | $799 | $317 |
| 65 | $771 | $312 |
In most places, how old you are can change your car insurance cost. But in California, Massachusetts and Hawaii, your age doesn't affect the price of minimum coverage.
Car Insurance Costs in Vermont for Young Drivers by Gender
In Vermont, young drivers face higher car insurance costs due to a greater risk from increased accident rates. Drivers aged 18 to 25 pay about $1,034 per year when added to a family policy, which is 40% cheaper than an individual policy at $1,443.
Gender also plays a role in car insurance rates for young Vermont drivers. Female drivers aged 18 to 25 pay around $968 annually, which is less compared to male drivers who pay $1,101. Below, you'll find the average car insurance costs for young drivers in Vermont, broken down by gender and policy type.
Car Insurance Costs in Vermont for Young Females
For an 18-year-old female in Vermont, the average annual cost for full coverage is $1,211 when added to a family car insurance plan. For an individual policy, the rate rises to $2,099.
| 18 | $2,099 | $1,211 | -42% |
| 19 | $1,769 | $1,245 | -30% |
| 20 | $1,560 | $1,105 | -29% |
| 21 | $1,217 | $863 | -29% |
| 22 | $1,147 | $939 | -18% |
| 23 | $1,025 | $855 | -17% |
| 24 | $966 | $807 | -17% |
| 25 | $858 | $723 | -16% |
Car Insurance Costs in Vermont for Young Males
An 18-year-old male in Vermont pays about $2,542 for individual full coverage car insurance. By joining a family policy, cost can be reduced to $1,400 annually.
| 18 | $2,542 | $1,400 | -45% |
| 19 | $2,177 | $1,441 | -34% |
| 20 | $1,826 | $1,230 | -33% |
| 21 | $1,418 | $955 | -33% |
| 22 | $1,300 | $1,089 | -16% |
| 23 | $1,155 | $974 | -16% |
| 24 | $1,092 | $918 | -16% |
| 25 | $946 | $797 | -16% |
Average Vermont Car Insurance Cost by Driving Record
In Vermont, traffic offenses might mean paying less for car insurance than the state's yearly average, with variations based on the offense. Below, we compare rates for drivers with at-fault accidents, DUIs and tickets to those with a spotless driving record.
| At-Fault Accident | $1,157 | -39% | $454 | -59% |
| DUI | $1,622 | -15% | $595 | -46% |
| Ticket | $977 | -49% | $380 | -65% |
Read More: High-Risk Car Insurance in Vermont
Average Vermont Car Insurance Cost by Credit Score
Your credit-based insurance score matters a lot when insurers set car insurance prices in Vermont. On average, drivers with excellent credit may pay around $734 a year for full coverage, while those with poor credit could face up to $1,503.
| Excellent | $734 | -62% | $216 | -80% |
| Good | $851 | -55% | $251 | -77% |
| Fair | $1,021 | -46% | $299 | -73% |
| Below Fair | $1,198 | -37% | $349 | -68% |
| Poor | $1,503 | -21% | $432 | -61% |
CREDIT SCORES AND YOUR PREMIUM
A credit score from 670 to 739 signifies financial dependability and can result in reduced insurance premiums for Vermont residents. In Hawaii, Massachusetts, Maryland, California and Michigan, insurers are prohibited from using credit-based scores for pricing. Meanwhile, North Carolina, Oregon, Washington, Utah and Nevada permit the use of credit data only under specific conditions.
Average Vermont Car Insurance Cost by Company
Car insurance rates can differ a lot between companies in the same area. In Vermont, Vermont Mutual has the cheapest average yearly full coverage cost at $538. On the other hand, Nationwide's average is $916, making it 26% more than the state's average.
| Vermont Mutual | $538 | $236 |
| State Farm | $591 | $218 |
| Concord Group | $808 | $340 |
| Allstate | $826 | $283 |
| American Family | $837 | $265 |
| Progressive | $850 | $349 |
| Nationwide | $916 | $402 |
| GEICO | $1,027 | $446 |
Read More: Cheapest Car Insurance Companies in Vermont
Average Vermont Car Insurance Cost by Vehicle Age
In Vermont, the latest cars cost more to insure, with full coverage averaging $903 a year. Older models, like those 10 years old, are cheaper to insure at about $699 annually.
| 10-Year-Old Vehicle | $699 | $285 |
| New Model Vehicle | $903 | $271 |
ACTUAL CASH VALUE
The actual cash value (ACV) of your car is the pre-damage worth determined by your insurer. In comprehensive or collision claims, the ACV helps set the maximum payout for repairs or replacement, minus any deductible. This ensures the claim aligns with the car's fair market value.
Read More: Used Car Insurance
Vermont Car Insurance Rates Explained
In Vermont, car insurance rates often differ from the national average. Factors like your credit-based insurance score and the type of car you drive impact the cost for full coverage and state minimum plans.
Is Car Insurance Expensive in Vermont?
Car insurance in Vermont is affordable, with an average full coverage cost of $67 per month. It's 38% cheaper than the national average for a full coverage policy.
Read More: Why Car Insurance is So Expensive
Car Insurance Costs in Vermont vs. National Average
National Average Cost
Full Coverage Car Insurance
$108
Vermont Average Cost
Full Coverage Car Insurance
$67VT Car Insurance Is Expensive:$41 saved
This is 38% less expensive.
Why Are Car Insurance Rates Expensive in Vermont?
Vermont's car insurance rates can be high due to harsh winters and frequent storms, which lead to more claims. Strict legal demands for state minimum coverage also push up prices. Understanding these factors helps residents find affordable plans.
Read More: Car Insurance Rates by State
Estimating Your Car Insurance Costs in Vermont
While Vermont's average car insurance rates reflect overall trends, your personal cost depends on your own details. To estimate your car insurance, consider your driving record, car model, and coverage choices like state minimum or more.
Driving Record
A clean driving record can lower insurance premiums. Avoiding traffic violations and accidents shows insurers that you're a low-risk driver.
Age and Gender
Younger drivers and males often face higher rates. If you fall into these categories, look for discounts or consider a policy that rewards safe driving.
Credit History
Insurers often use credit scores to assess risk. A higher credit score can lead to better rates. Pay bills on time and reduce debt to improve your score.
Vehicle Type
For better insurance rates, opt for a vehicle with a strong safety record and lower repair costs.
Location
Living in areas with lower crime and accident rates can positively impact insurance costs. If you move to such an area in Hawaii, inform your insurer.
Coverage Level
A higher deductible can lower your premium, but ensure you can afford it in case of a claim. Tailor your coverage to your needs and risk tolerance.
Marital Status
Married policyholders often receive lower rates due to perceived stability. Notify your insurer of a change in marital status to potentially lower your premiums.
State Law
Vermont's insurance laws can affect rates. Ensure you have the required minimum coverage and understand any factors that may impact your insurance costs.
Read More: Vermont Car Insurance Calculator
Minimum Car Insurance in Vermont
Vermont's average minimum car insurance costs $317, lower than the national average of $595. Below is a table outlining the state's minimum insurance requirements.
Vermont Car Insurance Requirements
In Vermont, drivers must have minimum coverage auto insurance. It includes $25,000 for bodily injury per person, $50,000 per accident and $10,000 for property damage. You also need uninsured motorist coverage of $50,000 per person and $100,000 per accident, plus $10,000 for property damage.
Liability Limits | Description |
|---|---|
$25,000 for bodily injury liability per person | Medical expenses if you cause an accident |
$50,000 for bodily injury liability per accident | Coverage for multiple injured parties |
$10,000 for property damage liability per accident | Cost of repairs to another person's property |
$50,000 uninsured motorist bodily injury per person | Cost of protection against drivers without insurance |
$100,000 uninsured motorist bodily injury per accident | Coverage per accident to cover all injured parties |
$10,000 uninsured/Underinsured property damage coverage | Cost of repairs if the at-fault driver lacks adequate insurance |
How to Lower Car Insurance Costs in Vermont
- 1
Compare Multiple Quotes
Reviewing quotes from different insurers helps you find affordable car insurance, potentially saving you hundreds of dollars each year.
- 2
Lower Your Risk Profile
Clean driving records with no at-fault accidents or moving violations can significantly reduce premiums, as insurers consider you a lower risk.
- 3
Adjust Your Coverage
Assessing your coverage needs ensures you pay only for necessary protection, such as choosing higher deductibles or usage-based policies for reduced mileage.
- 4
Ask for Discounts
Inquire about discounts for safe driving, good grades, anti-theft devices, defensive driving courses and policy bundling to lower your premiums.
- 5
Consider the Car You Drive
Choosing a vehicle with high safety ratings and lower repair costs can reduce car insurance rates.
Auto Insurance Rates in Vermont: Bottom Line
In Vermont, the average annual cost for full coverage car insurance is $799, making it more affordable than the national average. Factors like your driving record, car model, and coverage amount affect rates. Overall, car insurance in Vermont is more affordable than in other places.
Vermont Car Insurance Rates: FAQ
Get answers about what impacts the average cost of car insurance in Hawaii and how to find affordable rates.
What are the minimum car insurance requirements in Vermont?
Vermont's minimum car insurance requirements include $25,000 for bodily injury per person, $50,000 bodily injury per accident and $10,000 for property damage liability. Additionally, Vermont drivers are required to carry uninsured/underinsured motorist coverage of $50,000 per person and $100,000 per accident, with $10,000 for property damage.
What is the average cost of full coverage and minimum coverage auto insurance in Vermont?
The average cost for full coverage auto insurance in Vermont is $799, while state minimum coverage averages at $317 annually. These rates are below the national averages for comparable coverage levels.
What is the average cost of car insurance for a 25-year-old in Vermont?
A 25-year-old in Vermont can expect to pay around $1,032 for full coverage car insurance annually, which is slightly below the state average. For minimum coverage, the annual cost is around $408, also lower than the state's average.
What are the cheapest car insurance companies in Vermont?
Vermont Mutual offers the most affordable car insurance in Vermont, with full coverage at an average annual premium of $538 ($45 monthly) and minimum coverage at $236 annually ($20 monthly). While saving costs is important, ensure your policy adequately protects against significant financial losses.
Vermont Auto Insurance Cost: How We Determine Average Rates
We used a sample driver profile with the following attributes to determine average car insurance rates in Vermont:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
We modified this driver profile by age, vehicle, credit score and driving record to determine averages for different driver profiles and needs.
Coverage Levels and Deductibles
Unless otherwise noted, average rates on this page are for a full coverage policy with comprehensive and collision coverage, a $1,000 deductible for each and the following liability limits (100/300/100):
- $100,000 in bodily injury liability per person
- $300,000 in bodily injury liability per accident
- $100,000 in property damage liability per accident
When minimum coverage is specified, we used the following minimum liability-only limits as mandated by Vermont:
- $25,000 for bodily injury liability per person
- $50,000 for bodily injury liability per accident
- $10,000 for property damage liability per accident
- $50,000 uninsured motorist bodily injury per person
- $100,000 uninsured motorist bodily injury per accident
- $10,000 uninsured/Underinsured property damage coverage
Learn more about MoneyGeek's car insurance methodology.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.