Cheapest Car Insurance Rates in 2023
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Cheap SR 22 Auto Insurance in Vermont: Best Companies & Quotes
Best Car Insurance Companies in Vermont
- State Farm
- Concord Group
|State Farm||Concord Group||Allstate||Geico||Nationwide||Progressive|
|AM Best Financial Strength Rating||A++||A+||A+||A++||A+||A+|
|JD Power 2019 Overall Customer Satisfaction score||5/5||N/A||3/5||3/5||3/5||3/5|
|Avg Annual Premium||$433||$468||$604||$613||$695||$793|
|Consumer Reports Reader Score||78||N/A||72||78||75||75|
Auto Insurance Statistics in Vermont
Top 10 Cheapest Car Insurance Companies in Vermont
|Rank||Company Name||Avg. Annual Premium|
|7||Union Mutual Fire Group||$1,016|
Drunk Driving Fatalities
Drinking and driving can be fatal in Vermont. Based on recent years, there was a big spike in drunk driving fatalities in 2016 but eventually declined to just under the national average in 2017.
Drunk driving fatalities in Vermont from 2013 to 2017
Teen Drinking and Driving
Teen drinking and driving in Vermont is at a rate that is lower than the national average. The data below demonstrates the level of drinking and driving taking place in Vermont when compared to other states around the country.
Teen Drinking & Driving in Vermont vs. Nationwide (2017)
SR-22 Insurance in Vermont
If you live in Vermont, you live in a state that requires drivers to provide proof of SR-22 insurance if they want to reinstate their licensees after a suspension. This form of insurance provides direct evidence that you have the minimum required insurance coverage if you are to get into an accident with another driver, or if an accident causes damage to someone else’s property.
Vermont is one of the strictest states in terms of SR-22 requirements. You will be required to have the insurance on file with the state for at least three years. If you cancel your coverage, or reduce your coverage below the state’s threshold, your license will be immediately revoked.
Make sure to compare multiple rates before you decide on a particular insurance provider. It’s the best way to guarantee you’re not overpaying for your SR-22 policy in Vermont.
Car Theft in Vermont
Car theft in Vermont occurs at a rate that is much lower than the national average. Learning about the number of car thefts in Vermont will help drivers to have a fuller understanding of the level of risk they take while driving and owning a car in the state.
Vehicle thefts by rank Nationwide vs. Vermont
Vermont ranks on top for the lowest automobile thefts when compared with other states around the country
How Vermont Ranks #1 in List of States With The Least Car Thefts (per 100,000)
Any driver operating a motor vehicle in the state of Vermont is required to have some form of insurance in the event of property damage to yourself, to others, or to vehicles during a collision. Accidents can happen even if you are a careful driver due to mistakes other motorists can make while on the road. Having the right insurance is of vital importance to ensure that you never have to pay out of pocket for the coverage you need. Cheapautoinsurance.co will provide you with the important information you need to help you make the best decision when choosing car insurance.
Types of Auto Insurance Coverage in Vermont:
- Property Damage Liability Insurance
- Bodily Injury Liability Insurance
- Uninsured/Underinsured Motorist Bodily Injury Insurance
- Uninsured Motorist Property Damage Insurance
Minimum Requirements For Car Insurance in Vermont
There are minimum requirements for car insurance in the state of Vermont. It is recommended to carry at least the minimum amount of coverage to ensure that you are fulfilling state-mandated coverage requirements. The minimum amounts for car insurance coverage in Vermont are listed below:
- Uninsured Motorist Property Damage Coverage: $10,000 of coverage with a $150 deductible amount
- Uninsured Motorist Bodily Injury Coverage: $50,000 per person as well as $100,000 for each car accident
- Bodily Injury/Death Liability of one person: $25,000
- Bodily Injury/Death Liability of two people: $50,000
- Bodily Injury Liability Insurance Coverage: $25,000 for each person and $50,000 per accident
- Property Damage Liability Coverage: $10,000
New & Teen Drivers in Vermont
Vermont has a multi-stage licensing process which allows new and teen drivers to gain exposure gradually to potentially complex driving situations. The learner’s permit and junior driver’s license are key initial stages for teen drivers.
Vermont teenagers who plan on obtaining their driver’s licenses should become aware of the various teen driving laws. Teen drivers who are under 18 years of age are required to first complete a driver’s education course as well as passing a road test. In order to obtain a learner’s permit, a teen driver in Vermont is required to be at least 15 years old and they must also complete a knowledge test. The youngest age to receive a full license is 16 years and 6 months of age.
Driving in Vermont Winters
It is essential to have adequate car insurance coverage when driving during the snowy Vermont winters. In fact, when temperatures drop overnight and conditions turn icy, accidents are likely to increase. It is essential to be well prepared by investing in snow tires which are recommended on all four wheels. Practicing safe driving methods and keeping supplies fully stocked will go a long way towards helping Vermont drivers prepare for snowy, wintry conditions. The Vermont State Police make recommendations to have sturdy snow tires on each wheel and they also allow studded tires and tire chains as needed.
Cheap Auto Insurance Discounts
At Cheap Auto Insurance, we aim to provide comprehensive information to help you choose the lowest car insurance available in Vermont. One of the ways we have found that drivers can reduce their auto insurance rates is with auto insurance discounts. Below are some of the most common discounts that can save you on the cost of monthly or yearly premiums.
- Military or Veteran discount
- Multi-car auto insurance discount
- Mature driver discount
- Good student discount
- Senior citizen discount
- Car safety features discount
- Low-mileage discount
- Defensive driving discount
- Anti-theft discount
- Infrequent usage discount
- Bundling insurance policies discount
Cheapest Car Insurance Companies in Vermont
1. Geico: Geico offers affordable coverage, and you can apply for their coverage online. On average, Geico is the cheapest policy in all major cities of Vermont. Geico’s average rate is 533 dollars per year for Vermont residents. For comparison, the average Vermont resident pays 851 dollars per year. Geico offers reliable and comprehensive coverage, and they cover a number of potential expenses that many insurers miss. For instance, they offer both property damage liability and bodily injury liability coverage. In addition, Geico has an excellent record in terms of client satisfaction. No Vermont residents have filed complaints about Geico, which is something that many other insurance providers cannot say. More than four out of five Geico clients give their coverage a 5 star rating on a 1-5 scale.
2. Co-Operative Insurance: Co-Operative Insurance offers Vermont residents an average rate of 619 dollars per year for coverage. It’s even possible to get a discount on your rates from Co-Operative Insurance if you take driver’s education classes. Co-Operative Insurance is exclusively geared towards residents of Vermont and New Hampshire, and the coverage they offer is quite comprehensive. It’s also quite easy to make claims with Co-Operative Insurance, and claims can be made 24/7 by telephone. Claims can also be made online. When claims are reported online, you will get a response the next day.
3. Kemper Insurance: At the time of the study, Kemper was known as Unitrin. However, the company still offers excellent coverage. The company offered rates averaging 627 dollars per year at the time of the study. There are discounts available for those without an accident history within the past two years, people who insure multiple vehicles, cars with motorized seat belts, cars with anti-lock brakes, and cars with anti-theft devices. Kemper offers insurance for accidents that occur to a parked vehicle, which is something that many other insurers do not cover.
4. Union Mutual: Union Mutual car insurance rates average 747 dollars per year for Vermont residents, and they cover many types of damage that can occur to your vehicle. Not only will Union Mutual cover damage to your vehicle, but they will cover damage to the vehicle of another driver if you were at fault. In addition to paying for damages, Union Mutual will cover the expenses of a rental car if your car is not usable or stolen. Union Mutual also covers towing expenses that occur as a result of an accident.
5. Allstate: Allstate is a well-known provider of car insurance, and they offer affordable rates to Vermont residents. On average, Allstate clients in Vermont pay 826 dollars per year for car insurance. They offer quotes online and by phone. Allstate’s insurance plans are also comprehensive, and their clients tend to be satisfied with the coverage.
General Vermont Car Insurance
This section answers the basic questions you have about car insurance in Vermont. Use this information to help you understand more specific questions.
What is the most popular auto insurance in Vermont?
How to get an accord form for car insurance in VT?
How much should your auto insurance cover in VT?
How does car insurance work in VT?
What is required for Vermont car insurance?
How does Vermont auto liability insurance work?
What do you need to get auto insurance in Vermont?
How do I renew my auto insurance in Vermont?
What zip code to put for auto insurance in Vermont?
Who is responsible for auto insurance in VT?
How to pay car insurance in Vermont?
Vermont Car Insurance Laws
Insurance laws change state to state. We’ll answer your questions about Vermont’s car insurance laws in this section.
When do I add my teenager to my car insurance in Vermont?
In Vermont, what happens without car insurance?
What is the minimum coverage for car insurance in Vermont?
How long can you go without car insurance in Vermont after buying a new car?
What is the Vermont law for uninsured and underinsured auto insurance coverage?
For Vermont auto insurance, when do authorized drivers need to be on policy?
If I’m getting an estimate for car repair from insurance what are my rights Vermont?
In Vermont, how long to add new licensed driver to auto insurance?
When can auto insurance drop you Vermont?
What am I legally required to have car insurance Vermont?
What is the penalty for driving without insurance in Vermont?
In Vermont, for a car paid in full, what type insurance must be on vehicle?
How long can my child stay on my car insurance in Vermont?
How long do I have to file a car accident insurance injury claim in Vermont?
Vermont Car Insurance Prices
It’s never fun when you pay too much for car insurance. We’ll answer some of the most popular questions about car insurance prices in Vermont in this section.
What are auto insurance rates in Vermont?
How much is car insurance in VT?
How much does car insurance typically cost in Vermont?
How much will my car insurance increase after a speeding violation in VT?
Who has the best high risk car insurance in VT?
How much do you pay car insurance in Vermont per year?
How much do you pay car insurance in Vermont per month?
Who has the cheapest auto insurance in Vermont?
Who has the best car insurance rates in Vermont?
How much the car insurance per month in Vermont?
How much to add a 16-year-old to car insurance Vermont?
How much is general auto insurance in Vermont?
How to get cheap car insurance in Vermont?
How does Vermont car insurance compare to other states such as Ohio?
Is classic car insurance cheaper in Vermont?
Vermont Car Insurance Claims and Coverage
If you need to use your car insurance coverage, then it’s important to understand how it works. We’ll answer questions about Vermont car insurance claims and coverage in this section.
In Vermont your insurance company is legally liable to pay up to how much of the other person's car?
Car accident in Vermont without cops - how do you claim insurance?
What is the insurance law for totaling a car in Vermont?
What happens when an insurance company totals a car Vermont?
In Vermont, who is liable for a car without insurance?
Other Vermont Car Insurance Questions
This section covers questions about Vermont car insurance that don’t fit into our other categories. Use this section if you can’t find your questions anywhere else.