Vermont variant. This is a Vermont-specific version of the Auto Insurance Premium Estimator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Auto Insurance Premium Estimator.
Vermont's average annual auto insurance premium is $1,063 - well below the national average. Rates reflect state regulation, traffic density, weather, and uninsured-driver rates.
Why Vermont auto premiums look the way they do
At $1,063/year ($89/month), Vermont premiums are shaped by minimum-coverage laws, litigation environment, repair costs, and theft/accident frequency.
Your individual rate depends on driving record, vehicle, credit (where allowed), and coverage limits. The estimator above lets you adjust these to localize the Vermont average.
About taxes and housing in Vermont
Vermont uses a graduated income tax with a top marginal rate near 8.75%.
Vermont has a relatively high effective property tax rate around 1.78%, with median home values near $380,000.
Vermont's economy is rooted in agriculture and dairy, tourism and skiing, and small-scale specialty manufacturing.
Worked example: monthly budget in Vermont
The $1,063 state average works out to $89/month. A clean record and higher deductible can pull you below this; a recent claim or young driver pushes above it.
Quick reference
- State income tax: 3.35-8.75% across 4 brackets
- State sales tax: 6% (plus 0.36% avg local)
- Median home value: $380,000
- Median household income: $74,014
- Effective property tax rate: 1.78%
- Avg auto insurance: $1,063/yr
Frequently Asked Questions
What is the average car insurance cost in Vermont?
About $1,063 per year, or $89 per month.
How can I lower my Vermont premium?
Raise your deductible, bundle policies, maintain a clean record, and compare quotes - rates vary widely between insurers in Vermont.