Vermont Auto Insurance Requirements
In the auto insurance industry, Vermont is considered to be a “Tort” state, which means that every licensed driver in the state is financially responsible for any and all property damages and personal injuries caused by an accident for which they are at fault.
Vermont’s laws for the minimum levels of auto insurance are as follows:
- Liability insurance with limits of 25/50/10 (see the chart below).
- Uninsured and underinsured motorist coverage with limits of 50/100/10 (see the chart below). This policy helps cover expenses in the event that you are struck by a motorist with inadequate liability insurance or no liability insurance at all.
Please note that these levels are the minimums.
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You may want to consider purchasing limits of coverage higher than those required by law to protect your assets or property, as you may be personally responsible for any damages above the policy limits.
For added protection, Vermont drivers may purchase one or more optional add-ons to their policy, such as collision, comprehensive, or medical payments coverage.
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Auto Insurance for Leased Vehicles in Vermont (VT)
Most leasing companies in Vermont typically require drivers to maintain insurance coverage which exceeds the minimums set by Vermont state law. This is to protect you financially, as well as your leasing company, should they be held partly responsible. Most leasing companies will recommend the following amounts of insurance coverage:
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Vermont Department of Motor Vehicles
120 State Street
Montpelier, VT 05603-0001
www.aot.state.vt.us/dmv/dmvhp.htm |
State of Vermont: Insurance Division
89 Main St., Drawer 20
Montpelier, VT 05620-3101
www.bishca.state.vt.us/InsurDiv/insur_index.htm |
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Last Updated: February 14, 2008
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