VANGUARD VARIABLE INSURANCE FUND
485BPOS, EX-99.BJ, 2000-12-27
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                                                                Exhibit EX-99.BJ

                       CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby  consent to the  incorporation  by  reference  in the  Prospectus  and
Statement of Additional  Information  constituting parts of this  Post-Effective
Amendment No. 18 to the registration  statement on Form N-1A (the  "Registration
Statement")  of our reports  dated  November 8, 2000,  relating to the financial
statements and financial  highlights  appearing in the September 30, 2000 Annual
Reports to Shareholders  of Vanguard  Variable  Insurance  Fund,  which are also
incorporated by reference into the  Registration  Statement.  We also consent to
the references to us under the heading "Financial  Highlights" in the Prospectus
and    under    the    headings    "Financial     Statements"    and    "Service
Providers--Independent Accountants" in the Statement of Additional Information.

PricewaterhouseCoopers LLP

Philadelphia, PA

December 22, 2000




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