Allstate vs. Vermont Mutual: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, Vermont Mutual offers less expensive premiums than Allstate
• Allstate offers more affordable prices for drivers with a DUI charge on their record
• Vermont Mutual offers more affordable average rates for policyholders who may not have much of a commute

Allstate vs. Vermont Mutual: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? With so many ads from all sorts of companies offering large discounts, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to Allstate or Vermont Mutual for your next policy, but between the two, which carrier will offer you cheaper prices?

As you can see, Vermont Mutual has average rates that are about 13% per month more affordable than those from Allstate when looking at the national average rates for car insurance.

That being said, Vermont Mutual may not be the most affordable or best option for each driver out there. After all, auto insurance companies can offer drastically different rates to each driver depending on rating factors like your age, where you call home, your driving record, or even your credit score (among other things), so premiums could vary drastically from person to person.

So, if you want to find out which of Allstate or Vermont Mutual is really the best for you, keep reading to see average prices for each carrier broken down by lots of different rate factors.

Allstate or Vermont Mutual: Average Car Insurance Rates by State

Allstate and Vermont Mutual compete against each other in four states, with Allstate offering less expensive premiums to the average driver in all of them. Vermont has the most noticable difference, where Allstate rates are over 40% cheaper than insurance premiums at Vermont Mutual.

But there's more to car insurance than just where you live. As we mentioned above, there's a lot of things that go into how auto insurance carriers calculate your prices. Keep reading to learn more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers usually pay a lot more for insurance than any other group of drivers out there on the road. Typically, that's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But that doesn't mean teen drivers can't still save money on their car insurance. For example, 18-year-old drivers pay an average of more than $100 less a month by choosing Vermont Mutual over Allstate.

Even so, with both companies, you'll see your rates reduce significantly by the time drivers turn 25. For example, average premiums for Allstate policyholders lower nearly 65% and Vermont Mutual's prices decrease over 50% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age normally enjoy some of the lowest insurance rates you'll ever find. After all, they've likely been driving for quite some time, which generally decreases their chances of accidents and other infractions that can increase prices.

But who has the best premiums for retired drivers between Allstate and Vermont Mutual? Vermont Mutual gets the edge, with rates for drivers 65 and older almost 15% more affordable than the national average for Allstate.

Which is the Best Company for Married Drivers?

Did you know that auto insurance premiums are typically less expensive for married couples than they are for single policyholders? That's generally because married policyholders tend to own and insure more than one car, which can often earn you a discount.

When it comes to relationship status, Vermont Mutual is the clear winner for those who are single, with rates around $33 per month cheaper than Allstate, on average. The advantage for married drivers with Vermont Mutual is also obvious, where drivers save more than 10% a month.

Allstate vs. Vermont Mutual: Average Rates by Gender

Because men are more likely to get into collisions and get tickets, they have a higher chance of filing a claim with insurance. Therefore, insurance carriers will often charge men more than women.

On average, men see prices about 4% per month higher with Allstate, and nearly 10% with Vermont Mutual.

When it comes to the cheapest premiums for each gender, Vermont Mutual offers the lowest average prices for both men and women. On average, women save about $28 a month and men save around $23 with Vermont Mutual compared to the average Allstate policyholder.

Allstate or Vermont Mutual: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

It's no secret that insurance can be pretty complicated. There are so many different terms and limits that it can make it pretty confusing to find the right policy.

However, most policies end up falling into two different types of coverage -- liability only (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to liability coverage).

If you're looking for state minimum liability insurance, Vermont Mutual usually offers less expensive rates of $85 compared to Allstate's $108. When it comes to full coverage policies with similar limits, Vermont Mutual again has the edge, with policies about $30 per month more affordable than Allstate, on average.

Is Allstate or Vermont Mutual Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from auto insurance companies offering great premiums for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

You'll probably end up paying more with collisions and tickets on your record, but which of these two carriers offers the cheapest prices to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Allstate policyholders can expect their rates to go up an average of $27 a month if they get a ticket, while Vermont Mutual normally raises premiums around $7 per month, on average.

But Vermont Mutual is generally the cheaper option for both drivers who have a recent speeding ticket and those with clean records. Drivers with a clean record can save about $39 a month and drivers with a ticket can save around $59 per month with Vermont Mutual.

Which Company is Best for Drivers After an Accident?

Both companies will raise prices pretty significantly if you get into an at-fault accident with Allstate increasing by just under $75. Vermont Mutual has a less extreme raise, but you can still expect to pay over $25 more than you were prior to your first collision.

Overall, drivers who use Vermont Mutual end up with the cheaper prices after an accident, with monthly rates averaging $144 compared to Allstate's $229.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or speeding ticket when it comes to your car insurance bill. For example, Vermont Mutual increases average prices by nearly $200 a month -- that's over a 60% increase.

If you have a DUI on your record and are looking for more affordable rates, Allstate tends to be the much more affordable option with average premiums of $227 per month compared to $307 from Vermont Mutual.

How does Credit Score Impact Allstate and Vermont Mutual Rates?

Often times, your credit score can be used as one of the factors to determine your monthly auto insurance rates. Certain states and carriers do not allow for credit score to be used as a rating factor, but it does affect several drivers out there.

Insurance companies argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with cheaper premiums.

Looking specifically at Allstate and Vermont Mutual, which one has the best prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, you'll usually find a better deal with Vermont Mutual. Policyholders with "excellent" credit can save just under 30% compared to Allstate, and those with "good" scores can also expect to see savings -- about $51 or 30% less expensive every month.

Which Company is Best for Drivers with Bad Credit?

If you have less-than-stellar credit, it can be somewhat of a toss-up as far as which company offers you the best rates. Drivers with "fair" credit pay around $41 less with Vermont Mutual than Allstate, but those whose credit is considered "poor" have it flipped -- saving about $15 per month with Allstate.

Is Allstate or Vermont Mutual Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in how much car insurance carriers will charge for coverage. That's because the more miles you put on your car each year, the more likely you are to get into a collision and cause an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Vermont Mutual charges. However, there's a small difference in monthly premiums for Allstate, with policyholders who drive 6,000 miles annually paying around $3 less each month compared to those who drive 12,000 miles every year. Still, Vermont Mutual is the more affordable option for drivers in both categories.

Allstate vs. Vermont Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a sizable impact on your monthly auto insurance payment. Usually, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders due to the small number of vehicles that are on the roads in those areas.

Vermont Mutual boasts the lowest average rates for drivers in all areas, regardless of if they're urban, suburban, or rural.

Drivers in rural ZIP codes see the most affordable prices from both companies, but Vermont Mutual comes out on top with average premiums about $152 a month. Vermont Mutual also has less expensive average prices for policyholders in urban and suburban ZIP codes -- a $23 and $30 a month respective difference when compared to Allstate drivers in similar areas.

Allstate vs. Vermont Mutual Discounts

Regardless of why you might be in the market for a new insurance policy, you're always going to want to save as much money as possible. That's where car insurance discounts comes into play.

But with what seems like a million different discounts out there, it can be challenging to find all the ones you're eligible for or to nail down the carrier that has the most discounts for your unique driver profile.

In the section below, we've broken down all of the different discounts offered by both Allstate and Vermont Mutual so that you can see which company can save you the most money each month.

Allstate knocks Vermont Mutual out of the park when it comes to the sheer number of discounts available, offering 26 more discounts than Vermont Mutual.

Both carriers offer quite a few of the same discounts -- like advance quote discounts, anti-theft discounts, distant student discounts, and mature driver discounts -- but Allstate also offers agency transfer discounts, alert driving discounts, COVID-19 relief discount, and more that Vermont Mutual does not.

On the flip side, Vermont Mutual has a unique discount of its own -- a experienced operator discounts.

Final Thoughts: Is Allstate or Vermont Mutual Best for You?

So, we've broken down the average premiums for many of the variables insurance companies look at, and we've shown you all the discounts each company offers. But, when it comes down to it, is Allstate or Vermont Mutual the right carrier for you and your specific needs?

Vermont Mutual might be best for you if....

• You've received a ticket for speeding recently and don't want to see your rates climb.
• You want basic auto insurance coverage at the state minimum limits.
• You're married and plan to have both of your names on the vehicle's car insurance policy.

Allstate might be best for you if...

• You value the experience that comes with a large national auto insurance carrier.
• You have a DUI charge on your record.
• You care about discounts (Allstate offers the most).

We hope this guide helps you get a good idea of the differences between Allstate and Vermont Mutual and that you can now make a more informed decision when it comes to your car insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple carriers, not just Allstate and Vermont Mutual. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple quotes from some of the best auto insurance companies in your area, all for free.

Allstate vs. Vermont Mutual FAQs

Is Allstate or Vermont Mutual cheaper?

Looking just at the national average premiums, Vermont Mutual is the cheaper of the two carriers, offering average rates of $173 per month compared to $199 for Allstate. That being said, Vermont Mutual won't necessarily be the cheapest company for each driver, since there are a variety of different factors that come into play when it comes to your insurance cost.

Who is better, Allstate or Vermont Mutual?

Sadly, the only answer we can give you is "it depends.". No one carrier is necessarily "better" for every driver -- it all depends on the makeup of your unique car insurance profile. For example, Vermont Mutual offers more affordable prices for policyholders with an at-fault collision on their record, while Allstate is less expensive for drivers who have less-than-stellar credit scores.

Why do Allstate and Vermont Mutual offer me different rates?

Auto insurance companies take a look at a lot of different variables when calculating the rates they charge drivers. Things like your driving record, gender, age, where you call home, and sometimes even things like your credit score can all be taken into consideration. Both Allstate and Vermont Mutual use different formulas, so each one will most likely offer different premiums. The only real way to see which company is the lowest for you is by comparing personalized quotes from multiple different carriers.

How do I know if Allstate or Vermont Mutual is right for me?

The only way to find the insurance carrier that's right for you is by getting quotes from a handful of companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code and you'll get free quotes from dozens of the best car insurance carriers in your area. That way, you can guarantee you're getting the best premium. And who knows, the best company for you might not be Allstate or Vermont Mutual at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.