Vermont Auto Insurance Policy Requirements

Q: What is in a basic Vermont auto insurance policy?
A: The principal kinds of auto insurance coverage that your Vermont auto insurance policy can include are:

  1. Liability Coverage
    1. Liability insurance is made up of two types, so that damage to property and injuries to people are addressed separately:
      1. Bodily Injury Liability Coverage
      2. Property Damage Liability Coverage
    2. Vermont law calls for mandatory liability coverage for all drivers. Vermont residents must obtain liability coverage in their auto insurance policies:
      1. 25/50/10” (Vermont’s minimum auto insurance requirement)
      2. $25,000 for the injury or death of one person.
      3. $50,000 for the injury/death of more than one person.
      4. $10,000 for the damage of property.
    3. Leased vehicles have different liability minimum requirements.
  2. Collision Coverage is required only if you are still paying off your vehicle, but is otherwise not required in your Vermont auto insurance policy.
  3. Comprehensive Coverage, similar to collision, is required only if you are still paying off your vehicle. If the vehicle has been fully financed, and is therefore paid off, comprehensive is not required in your Vermont auto insurance policy.
  4. Medical Payments Coverage is not mandatory, though it is recommended, for your policy.
  5. Uninsured (and Underinsured) Motorist Coverage is a mandatory part of your insurance policy in Vermont.
  6. Personal Injury Protection (PIP) Coverage is not a mandatory part of your Vermont auto insurance policy.
  7. Other Options
    1. Towing Coverage
    2. Rental Coverage
    3. Loan/Lease Gap Coverage
Q: Is Vermont a No-Fault state?
A: No, Vermont is not a no-fault state.

Q: How can I get a discount on a Vermont auto insurance policy?
A: See if you can save money on your auto insurance policy by checking our list of auto insurance discounts for more information.

Q: Where can I find more information about Vermont auto insurance?
A: Please see the following authoritative sources of Vermont insurance information:
  1. Vermont Insurance Resources
    1. The Vermont Department of Motor Vehicles (DMV) oversees the operations of driver services such as registering a vehicle and obtaining a driver’s license. Their site includes information on financial responsibility and insurance requirements.
    2. The Vermont Department of Insurance regulated most kinds of insurance for the state of Vermont. They are responsible for providing the public with pertinent insurance information, such as their “Consumer Guide to Auto Insurance“.
  2. National Insurance Resources

CLICKinsure can gladly assist residents of Vermont with the process of choosing an auto insurance plan. Whether you reside with a view of Lake Champlain, nestled in the Green Mountains, or down in the lush Champlain Valley, CLICKinsure helps you find coverage in all of Vermont’s 14 counties, including the cities and towns of Montpelier, Burlington, Rutland, South Burlington, Essex, and Colchester. Choose CLICKinsure as your broker for any questions you may have about locating the best insurance.

 

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