Cheapest car insurance in Vermont for 2021 Bankrate 2 hrs ago © Eduardo Fonseca Arraes/Getty Images Long stretch of road in the Vermont countryside. Vermont has over 500,000 licensed drivers, and every resident with a vehicle registered in the state is required to have car insurance. Because Vermont is a smaller state with below average population density, car insurance is more affordable. The average driver in Vermont pays $1,207 annually for full coverage car insurance and $292 annually for minimum coverage car insurance. The cheapest car insurance in Vermont Car insurance policies in ...