Vermont Mutual insurance review 2024

Vermont Mutual car insurance cost

Full coverage car insurance from Vermont Mutual Insurance costs an average of $1,809 per year while minimum coverage costs $306 per year, according to Bankrate’s analysis of annual premiums sourced from Quadrant Information Services. For comparison, the national average cost of car insurance is $2,458 per year for full coverage and $678 per year for minimum coverage. However, individual insurance rates are based on numerous factors and will vary per situation, especially if you are looking for cheap car insurance. The table below compares Vermont Mutual’s average annual full coverage premiums to the national average based on a variety of scenarios to give you a better starting point in your search.

How much is Vermont Mutual car insurance?

Driving record plays an integral role in determining car insurance rates, which is why car insurance costs can vary from driver to driver. Receiving a speeding ticket or being involved in an at-fault accident could significantly raise rates for years to come. Receiving a DUI citation is one of the most serious driving infractions you can receive, and although these average car insurance rates have been included, there is no guarantee Vermont Mutual will accept drivers with a DUI. If you have a DUI conviction, you may need to contact Vermont Mutual directly to see if you are able to get a car insurance quote.

Vermont Mutual car insurance quotes by age

A driver’s age and years of driving experience can also influence car insurance rates. Teen drivers and newly licensed drivers may be more likely to get into accidents compared to older drivers due to their lack of experience, and as such, typically face higher car insurance rates than other age groups.

Keep in mind that in Massachusetts — one of the states served by Vermont Mutual — insurers are not allowed to use your age as a factor in determining your car insurance rate. Years of driving experience, however, are allowed to be used, so younger drivers may not see much savings compared to other states.

Compare Vermont Mutual car insurance rates

Car insurance rates can vary significantly based on a number of factors, including the insurer, the coverage options selected and the driver's personal profile. Vermont Mutual offers competitive rates that may be favorable when compared to other major insurers, particularly for both full and minimum coverage options. This section introduces a table that compares Vermont Mutual insurance rates against those of other well-known insurance companies, providing a clear picture of where it stands in the market for auto insurance costs.

Vermont Mutual customer satisfaction

Insurance companies are often rated by third-party agencies, such as J.D. Power, for customer satisfaction and experience. As a smaller insurer, Vermont Mutual may not be as well-studied as some larger carriers. However, it received an A+ (Superior) rating from AM Best for financial strength, which indicates the company’s past ability to meet financial obligations, including claims.

Vermont Mutual auto insurance customer complaints

Vermont Mutual car insurance discounts

Vermont Mutual offers some standard discount opportunities, although not all are listed on its website. Some common auto insurance savings are available, but a local Vermont Mutual auto insurance agent may be able to help you identify a full list of available discounts.

• Safety/security equipment discount: If your vehicle is equipped with specific safety features like anti-theft devices and airbags, you might earn a discount on your auto insurance policy. You might ask your insurance agent if adding other security features to your car could increase your discount. 
• Multiple vehicle discount: If you insure more than one vehicle with Vermont Mutual, you may be able to get a discount on each policy. 
• Multiple policy discount: Customers who bundle their home and auto insurance policies with the company may save. However, this discount is limited to states where Vermont Mutual writes both auto and home policies: Massachusetts, Maine, New Hampshire and Vermont.

Vermont Mutual home insurance cost

On average, Vermont Mutual home insurance costs $827 per year for a policy with $300,000 in dwelling coverage. In comparison, the national average cost of home insurance is $2,304 per year for the same amount of coverage. The size of your home, its location and other features could cause your home insurance rates to vary from these estimates below, especially if you are looking for cheap home insurance. That said, budget-minded homeowners may be attracted to Vermont Mutual’s low average rates:

Compare Vermont Mutual homeowners insurance rates

Homeowners insurance rates can differ widely depending on the insurance company, with each insurer using its own criteria to determine premiums. Vermont Mutual's rates are positioned to be competitive when measured against other major insurers and are compared in the following table to help illustrate how these rates stack up against the national average. This comparison can help provide homeowners with a clearer understanding of how Vermont Mutual might fit into their budgetary and coverage needs.

Vermont Mutual customer satisfaction

Understanding customer satisfaction through third-party ratings is crucial when evaluating insurance companies. While Vermont Mutual is not rated by J.D. Power, which is known for its detailed customer satisfaction surveys across various interactions with insurance providers, other measures of reputation and service quality can be considered. These include financial stability ratings from agencies like AM Best, customer reviews and complaint ratios from the NAIC, which together provide a broad picture of customer experiences and the insurer's ability to meet claims obligations.

Vermont Mutual home insurance customer complaints

Vermont Mutual home insurance discounts

Unfortunately, Vermont Mutual does not list any home insurance discounts on its website. Local agents will likely have more information about the discounts offered — if any — in your area. In order to get a better picture of what discounts are available, you will need to contact an agent.