Who Has the Cheapest Car Insurance Quotes for 19 Year Olds in Vermont?

Comparing rates for low-priced auto insurance is not the easiest thing to accomplish, and figuring out which insurers offer the lowest-priced auto insurance rates for 19 year olds involves a bit more work. Rates may be quite a bit more than the average policy in Vermont because of the higher likelihood of claims that goes along with selling insurance for teenage drivers, but reasonably-priced coverage may be achievable if you shop around.

Each insurance company uses their own calculation to set premium rates, so let’s take a look at the auto insurance companies with the overall cheapest rates in Vermont. It’s important that you understand Vermont auto insurance rates are impacted by many things which can substantially change the policy premium. This price variability is why Vermont drivers need to do a thorough rate comparison to find the lowest insurance quotes for 19 year olds. Insurance prices are impacted by many different factors and can change without notice, so the cheapest company six months ago may now be one of the higher cost companies.

Cheapest Insurance Rates for Teens

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Safeco offers some of the lowest car insurance rates in Vermont at around $463 per year. California Casualty, USAA, The Hartford, and Travelers also qualify as some of the lowest-priced Vermont insurance companies.

In this example, if you are currently insured with Travelers and switched to California Casualty, you might see a yearly price reduction of about $194. Insureds with Unitrin could save as much as $203 a year, and Co-Operative Insurance policyholders might lower prices by $253 a year.

To find out how much you can save, click here to get a free quote or visit any of the low-priced companies below.

It’s important to note that these premium estimates are averages for all types of insureds and vehicles and do not take into consideration a rate increase for 19 year olds. So the insurer that fits your age and vehicle best may not even be included in the list of companies shown earlier. That underscores the importance of why you need to compare rates from multiple companies using your own driver and vehicle profiles.

One of the many factors that auto insurance companies use to calculate the cost of insurance is where you keep your vehicle in Vermont. Cities with more crime and/or more people like Brattleboro, White River Junction, and Springfield tend to have more expensive car insurance rates, whereas areas that tend to be more rural can boast about having cheaper rates.

The next table shows the more expensive cities in Vermont for 19 year olds in which to buy car insurance.

Rate information is approximated as zip code location can change price quotes significantly.

Accidents and violations increase rates

The common sense way to maintain the most affordable auto insurance rates in Vermont for teenage drivers is to drive carefully and not receive tickets or have accidents. The illustration below demonstrates how citations and at-fault fender-benders can affect car insurance costs for different categories of driver ages. The premiums are based on a single female driver, comp and collision included, $100 deductibles, and no other discounts are factored in.

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The data charted above shows the average cost of an auto insurance policy in Vermont per year with no violations or accidents is $1,735. Get written up for one speeding ticket and the average cost swells to $1,965, an increase of $230 each year. Then add in one accident along with the one speeding ticket and the annual cost of auto insurance for 19 year olds jumps again to an average of $2,626. That’s an increase of $891, or $74 per month, just for not driving carefully!

How to find cheaper car insurance for 19 year olds

The list below summarizes some of the better money-saving solutions that can help Vermont drivers find low-cost coverage.

• Higher physical damage deductibles lower rates
• Speeding tickets and other violations increase rates
• Drivers with good credit often pay less
• Remove physical damage coverage on older vehicles
• Buy vehicles with good safety ratings
• Prevent price hikes by avoiding at-fault accidents
• Keep rates low by shopping around frequently

The last item on the list is highly crucial, as was emphasized in this piece. Prices charged by car insurance companies can change in a short period of time, so drivers shouldn’t hesitate to buy a policy from a new company if you can save money.

Having a favorite company is fine, but it’s not a great idea if that loyalty results in overpaying a wad of cash every year. Take a few minutes and compare rates and find cheaper car insurance for 19 year olds.

Cheap insurance quotes for teenage drivers

Consumers have many ways to find affordable auto insurance in Vermont, but the most frequently used ways are through an exclusive insurance agent like Allstate or Auto-Owners, an independent agent, or direct either online or via phone. They all have the same basic principle, but it’s good to know the differences in how they give price quotes.

Independent insurance agencies are appointed by several companies and can do rate comparisons with every one. These types of agencies are not limited to a single company and can provide you with more rates, which may give you the best chance of saving money. If you are not satisfied with one company, they simply switch companies in-house and that require little work on your part.

Exclusive agents are only able to give rates for one company, for example State Farm and Auto-Owners agents. These agents are unable to compare other company’s rates, so if rates are high, they cannot give you alternative choices.

Direct auto insurance buyers do not use the middleman (the agent) and instead buy buying direct from a company like Progressive or Esurance. This auto insurance option can be a good choice for people who do not have a need for a risk management assessment and have some degree of understanding of the limitations of their policy.

So comparing independent agents, exclusive agents, and direct, which one works best to find the cheapest car insurance for 19 year olds in Vermont? Most drivers assume that shopping direct results in the cheapest price since there isn’t an agent involved, but unfortunately, that is not always true. And we’d like to say using an independent agent is the best way due to having more companies to select from, but that is not accurate either. In many cases, exclusive agents have coverage prices that other companies cannot beat.

Because of the variability of auto insurance rates, really the only way to ensure you are not overpaying is to do a thorough rate comparison. Experts recommend getting price quotes all three ways to give yourself enough choices. For a list of companies with online discounts, click here to view.