Auto Insurance Coverage in Connecticut

Peaceful driving conditions here reduce risks of accidents and in turn, allow the residents to find affordable car insurance rates. Average prices for both liability only and full coverage policies are below the country average but full coverage is a lot cheaper than the US average. Relatively modest auto theft and vandalism crime figures may be helpful in keeping premiums low too. The Nutmeg State is one of the wealthiest in the country. That should make already reasonable premiums look even lower as it chips away a smaller portion of spendable income.

Number of uninsured drivers is one of the lowest in the US. This is due to driver awareness and strict laws regulating and penalizing driving without coverage. The state has 2.5 million licensed drivers.

Collection of Images from Connecticut

Considering much of the southern and western parts of the state along with the majority of the population is part of the New York metropolitan area, average car insurance rates in Connecticut are still low because New York state premiums are about twice higher across most types of policies. This goes to show how important your zip code is in influencing your premiums.

Connecticut Laws and Requirements

Minimum liability vehicle insurance coverage requirements are;

  • $20,000 for bodily injury or death per person.
  • $40,000 total for bodily injury or death per accident.
  • $10,000 for property damage.

You can check the Department of Motor Vehicles website for any other questions concerning the laws and rules.

It has a multi-stage licensing. For the first six months after getting a full license new drivers can only have their parents, guardians or instructors as passengers. Also, they are not allowed to travel between 11 pm and 5 am. This is a very sensible approach based on statistical data. For example, teenagers are four times more likely to crash when they have a couple of young passengers with them.

Connecticut Average Auto Insurance Premiums

The average cost of state required minimum liability only policy costs $620 and it is only $2 cheaper than the US average. The average full coverage car insurance costs $1,533 and that is $481 less than the national average. This makes full coverage policies with Liability, Collision and Comprehensive relatively cheaper considering how much more coverage you get. That is why motorists are advised to get quotes for each policy type when they cannot decide which one to choose and see if the additional coverage is worth the cost.

Most Affordable Vehicle Insurance Companies in Connecticut

It has many small cities like Bridgeport, Hartford, New Haven, Stamford and Cheshire that still provide peaceful living. This may help in keeping rates low. Still, you should get a few quotes, including from below cheapest auto insurers, to see if you can save some money. There is no other way of knowing your current carrier is applying all the discounts you qualify for, offering lower rates and not taking advantage of your loyalty.

  1. GEICO, $769
  2. Hartford, $842
  3. Grange, $968

As usual, premiums can vary depending on where you live in the state. For example, you may have to pay around 30% more than the average in the most expensive cities; New Haven, Bridgeport and Hartford. Remember that every company sets their own rates and regularly changes them. That is why you should keep checking prices at least once a year.