Cheapest Auto Insurance in Montpelier, VT – 2024 Rates and Quotes

• For the cheapest car insurance in Montpelier, small SUVs like the Kia Soul, Chevrolet Trailblazer, and Nissan Kicks have some of the best rates.
• Models with the lowest cost auto insurance in Montpelier for their segment include the Acura RDX (compact luxury SUV), Nissan Titan (full-size pickup), Hyundai Ioniq 6 (midsize car), and Toyota GR Corolla (compact car).

Cheapest car insurance in Montpelier, Vermont

The models with the most affordable insurance quotes in Montpelier tend to be crossovers and small SUVs like the Chevrolet Trailblazer, Subaru Crosstrek, Buick Envision, and Toyota Corolla Cross.

Average insurance prices for the models ranking in the top 10 cost $98 or less per month to get full coverage.

Examples of other vehicles that have low-cost car insurance quotes in our auto insurance price comparison are the Kia Niro, Honda CR-V, Volkswagen Taos, and Volkswagen Tiguan.

The average cost is a little bit more for those models than the crossovers and compact SUVs at the top of the rankings, but they still have an average cost of $1,236 or less per year, or $103 per month.

The next table ranks the top 30 cheapest vehicles to insure in Montpelier, ordered starting with the cheapest.

Other models ranked in the top 30 table above include the Nissan Leaf, the Lexus NX 250, the Honda HR-V, the Volkswagen Atlas, and the Honda Civic. Auto insurance rates for those models cost between $1,236 and $1,284 per year.

As a comparison, a few models that have much higher car insurance rates include the Jeep Grand Wagoneer at $140 per month, the Audi S3 at an average of $135, and the Infiniti Q50 at $136.

Average cost of car insurance in Montpelier

In Montpelier, average auto insurance cost is $1,444 per year, which is 26.4% less than the U.S. overall average rate of $1,883. Per month, Montpelier drivers can expect to pay an average of $120 for full coverage.

The average car insurance cost in Vermont is $1,432 per year, so drivers in Montpelier pay an average of $12 more per year than the Vermont state-wide rate.

When compared to other cities in Vermont, the cost of auto insurance in Montpelier is $32 per year more expensive than in Rutland and $16 per year more expensive than in Burlington.

The chart below shows additional data for the 20 to 60-year-old age groups by including rates for three different comprehensive and collision deductibles. This helps visualize how auto insurance cost increases with lower deductibles, and decreases with higher deductibles.

The average cost of car insurance per month in Montpelier is $120, with policy prices ranging from $84 to $281 for the data shown in the chart above.

Car insurance rates can have a very wide price range and can also be significantly different between companies. This amount of variability increases the need for accurate auto insurance quotes when shopping around for the cheapest auto insurance policy.

Driver age has a big impact on the cost of auto insurance, so the list below illustrates these differences by breaking out average car insurance rates for driver ages from 16 to 60.

Average cost of car insurance in Montpelier, VT, for drivers age 16 to 60

• 16-year-old driver – $5,138 per year or $428 per month
• 17-year-old driver – $4,979 per year or $415 per month
• 18-year-old driver – $4,461 per year or $372 per month
• 19-year-old driver – $4,065 per year or $339 per month
• 20-year-old driver – $2,900 per year or $242 per month
• 30-year-old driver – $1,540 per year or $128 per month
• 40-year-old driver – $1,444 per year or $120 per month
• 50-year-old driver – $1,280 per year or $107 per month
• 60-year-old driver – $1,198 per year or $100 per month

The previous rates shown for insuring teen drivers age 16 to 19 were based on a male driver. The chart below breaks out car insurance cost for teens by gender. Teenage females tend to have cheaper auto insurance rates than their male counterparts.

Car insurance for a female 16-year-old driver in Montpelier costs an average of $340 less per year than male drivers, while at age 19, the cost difference is less but males still pay an average of $629 more per year.

How to get the best price on car insurance

There are a lot of ways to save on car insurance, but you may not know that some of the items listed below can impact the rate you pay.

• Being a safe driver saves money. Causing too many accidents will raise rates, potentially by an additional $2,060 per year for a 20-year-old driver and as much as $350 per year for a 60-year-old driver. So be safe and save.
• Get cheaper rates by avoiding traffic tickets. In order to have affordable car insurance in Montpelier, it pays to avoid traffic tickets. A few minor incidents on your driving report can potentially raise policy cost by at least $382 per year. Serious citations such as failing to stop at the scene of an accident could raise rates by an additional $1,338 or more.
• More discounts equals more savings. Discounted rates may be available if the insureds are senior citizens, choose electronic billing, are loyal customers, drive a vehicle with safety or anti-theft features, are claim-free, or many other policy discounts which could save the average Montpelier driver as much as $246 per year on their insurance cost.
• Buy vehicles that are cheaper to insure. The vehicle you drive has a huge impact on the price you pay for car insurance. For example, a Subaru Crosstrek costs $1,704 less per year to insure in Montpelier than a BMW i8. Lower performance vehicles cost less to insure.
• Increase deductibles to save money. Boosting your deductibles from $500 to $1,000 could save around $300 per year for a 40-year-old driver and $588 per year for a 20-year-old driver.