Who Has the Cheapest Car Insurance Quotes for High School Students in Vermont?

You’ve seen the ads from auto insurance companies like Liberty Mutual, Allstate, and State Farm claiming the cheapest rates. So you should just select the one with the best jingle, right?

That is not the case, however, as there are a whole bunch of unknown aspects such as if you own your home, the area where you live, how high your deductibles should be, and whether you are a new or experienced driver. In this article, we will teach you about the different ways to avoid overpaying and also should give you a good beginning to your search for cheaper coverage.

When buying insurance for teenagers, one of the key factors that insurance companies use to determine auto insurance rates is your address. Cities with larger populations or higher claims like Manchester Center, Springfield, and Swanton will most likely have higher rates, whereas areas that are not as densely populated benefit from lower rates.

The table below ranks the more expensive cities in Vermont for high school students in which to buy car insurance.

Prices are approximated as the specific zip code location can impact auto insurance rates greatly.

The cost and performance of the vehicle needing coverage is a significant factor that determines whether or not you can buy economical car insurance for high school students. Vehicles with lower performance, excellent safety ratings, or a low likelihood of liability claims will cost substantially less to insure than adrenaline junky models. The tables below presents insurance costs for a selection of the most budget-friendly vehicles to insure.

Table data represents single male driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and Vermont minimum liability limits. Discounts applied include claim-free, and safe-driver. Table data does not factor in specific Vermont garaging location which can decrease or increase premium rates significantly.

Prices above based on single male driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and Vermont minimum liability limits. Discounts applied include claim-free, and safe-driver. Table data does not factor in specific garaging location which can lower or raise prices substantially.

Prices above based on single male driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and Vermont minimum liability limits. Discounts applied include safe-driver, and claim-free. Price information does not factor in specific location information which can decrease or increase price quotes substantially.

Deciding which companies have the cheapest auto insurance rates for high school students will require a little more effort than just picking a company at random. Every auto insurer uses their own method to set their prices, so let’s take a look at the auto insurance companies with the most affordable rates in Vermont.

It’s a good idea to know that Vermont auto insurance rates are influenced by many factors which can significantly increase or decrease the cost of a policy. Simply turning a year older, buying a home, or having an at-fault accident can trigger rate changes that can cause some rates to be more affordable than before.

Best Cheap Insurance Rates for Students

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Safeco may offer some of the most affordable car insurance rates in Vermont at around $477 each year. California Casualty, The Hartford, USAA, and Travelers also are some of the cheapest Vermont car insurance companies.

As the rates illustrate above, if you currently have coverage with The Hartford and switched to Safeco, you could realize annual savings of about $143. Insureds with USAA could save as much as $168 a year, and Travelers insureds might reduce rates by $238 a year.

To see how much you can save, click here to start your custom quote or feel free to get quotes from the companies below.

Be aware that those prices are averaged across all ages of drivers and types of vehicles and do not factor in a price surcharge for high school students. So the car insurance company that can offer you the best price may not even be included in the list above. That point stresses why you need to compare prices as often as possible using your own specific driver and vehicle information.

What is the best auto insurance company in Vermont?

Picking the best insurance company is hard considering how many different insurance companies sell coverage in Vermont. The ranking data displayed below can help you pick which insurers to look at comparing price quotes from.

These rankings include major nationwide insurance companies, so smaller regional companies are not taken into consideration for these rankings. If you’d like to compare prices from these and other companies in Vermont, simply click here.

Top 10 Major Car Insurance Companies in Vermont Ranked by Value

1. The General
2. The Hartford
3. Farmers Insurance
4. Safeco Insurance
5. AAA Insurance
6. 21st Century
7. Travelers
8. State Farm
9. Progressive
10. American Family

Top 10 Major Car Insurance Companies in Vermont Ranked by Customer Service

1. The Hartford
2. American Family
3. Progressive
4. GEICO
5. USAA
6. State Farm
7. Travelers
8. Farmers Insurance
9. Allstate
10. Safeco Insurance

Cheap insurance quotes for teenagers

Due to technology, there are many ways to buy auto insurance in Vermont, but the most prevalent are through a non-exclusive or independent agent, a captive (or exclusive) agent such as State Farm or Allstate, or direct online or over the phone from a company like Geico or Progressive. They all have the same end result, but it’s important to point out the distinctions in how they give price quotes.

Independent agencies write for multiple companies and can compare coverage rates with all of them. These types of agencies are appointed with more than one company and can provide you with more rate quotes, which can give you the best shot at cutting your rates. If you want to switch companies, your agent can just switch to a different company which prevents you from having to find a new agency.

An exlusive, or captive, agency is ‘exlusive’ to just one company like Allstate or State Farm agents. They generally cannot shop your coverage around, so you will not be able to compare other companys’ rates.

The third popular method of shopping for auto insurance is direct, which means you forego a local insurance agent and instead buy buying direct from a company like Esurance or Progressive. Buying direct is good for drivers who have lower risk management needs and understand the exclusions of a policy.

Out of those three methods, which one works best to buy the cheapest car insurance for high school students in Vermont? One answer would be shopping direct results in the cheapest price since it doesn’t require paying agent commissions, but unfortunately, it’s not that simple. It could also be said going through an independent agent guarantees the best prices because they can shop around, but that idea is not necessarily true either. In the right set of circumstances, exclusive agencies have very competitive rates that are well below what direct and independents offer.

Because there is so much variation in auto insurance prices, the only real way to get rock-bottom rates is to do a thorough rate comparison. Take some time and get price quotes from independent, exclusive, and direct to get an idea of which is cheapest. For a list of companies offering online discounts in Vermont, click here to view.