Cheapest Auto Insurance Quotes for Drivers with Bad Credit in Vermont

Our content editors always give us grief that when writing about car insurance, the words cheap or affordable should never appear as a descriptor for car insurance rates. Please forgive the oxymoron, but cheap auto insurance for drivers with bad credit is almost non-existent. Don’t let that discourage you, because there may be ways you can quote and buy car insurance that doesn’t cost an arm and a leg.

One of the many considerations that affect insurance cost is where your home is located. Cities that have higher claim levels or more people like West Brattleboro, Brattleboro, and Springfield are more likely to pay higher prices, whereas areas with lower crime rates and fewer weather claims generally benefit from lower car insurance rates.

The information below sorts the most costly cities in Vermont for drivers with bad credit in which to buy car insurance.

Premium amounts are approximated as the specific Vermont residence address can affect prices noticeably.

Determining which companies offer the lowest-priced auto insurance rates for drivers with bad credit will involve a tad more effort than just picking a company at random.

Each auto insurance company has a different formula for determining rates in each state, so we need to take a look at the overall cheapest auto insurance companies in Vermont.

Best Insurance Companies with Bad Credit

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Safeco normally has some of the best car insurance rates in Vermont at around $477 each year. California Casualty, USAA, The Hartford, and Travelers also rank well as some of the most economical Vermont auto insurance companies.

In the rate table above, if you are insured with California Casualty and switched to Safeco, you could earn annual savings of around $37. Vermont drivers with USAA may save as much as $149 a year, and The Hartford policyholders might lower prices by up to $162 a year.

It’s important to note that these premium estimates are averages across all types of insureds and vehicles and do not take into consideration a price increase for drivers with bad credit. So the car insurance company that is best for you may not even be featured in the rate chart shown above. That’s why you need to compare prices as often as possible using your own individual information.

The vehicle you are buying coverage for is one of the largest considerations that determines if you can find the cheapest car insurance for drivers with bad credit in Vermont. Vehicles with limited top-end speed, an excellent safety record, or a low likelihood of having liability claims will cost much less to insure than high performance models.

The information below features coverage prices for a selection of the most economical vehicles to insure in Vermont.

Table data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Vermont minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Rate information does not factor in specific Vermont garaging location which can revise insurance rates substantially.

Based on these rates, you can assume that makes and models like the Honda Accord, Ford Escape, Hyundai Tucson, and Jeep Wrangler are a few of the less-costly vehicles to insure for people with poor credit. Car insurance rates will be higher anyway just because there is more risk for drivers with bad credit, but generally speaking those vehicles will tend to have the cheapest rates that you are likely to find.

Progressive vs Allstate vs State Farm vs Geico

If you’re looking for the cheapest car insurance for people with poor credit in Vermont, four companies to definitely compare rates with are Progressive, Allstate, State Farm, and Geico. The next table compares and contrasts some of the different features that you can purchase from each one.