Car insurance rates in Connecticut tend to cost more than their national counterpart, yet various factors can help drivers secure lower premiums. Of particular significance are age and driving record of drivers; other aspects like credit scores, location and coverage level can all have an effect. Many carriers offer competitive rates to accommodate drivers of various profiles – shopping around could save you lots of money!
Geico and State Farm tend to be among the least expensive insurers in Connecticut, though premiums can depend on your individual profile. Other companies can also provide competitive quotes at reduced costs such as local insurers Amica Mutual and Hanover Insurance as well as national carriers like Allstate and State Farm; generally speaking local insurers tend to provide lower premiums than large national ones and regional ones may even offer even cheaper rates.
While minimum liability coverage is the more cost-effective choice, many drivers opt for full coverage as it can prove invaluable in an accident or theft scenario. Full coverage typically provides collision and comprehensive protection in addition to personal injury protection and medical expense benefits – in addition to rental car reimbursement and roadside assistance services.
Be mindful that full coverage policies cost significantly more than minimum policies, with exact costs depending on your driving history and vehicle type. Drivers with no accidents or traffic violations could find relatively economical policies while those who have had more serious incidents or violations could incur higher premiums.
Your vehicle’s make and model play an integral role in determining its premium cost, with some models more prone to being stolen or involved in accidents than others. Furthermore, some makes of cars tend to cost more when repaired compared to others; MoneyGeek research found that having poor credit will often result in two times more expensive premium increases when compared with drivers with excellent scores.
Your state establishes the per-person limit, or coverage you will provide per accident victim, in an accident. Each carrier uses different factors when estimating rates; as a result, final estimates may differ between quotes.
Drivers with low mileage can often save by switching to a usage-based car insurance plan. These plans monitor driving habits and reward low mileage drivers with discounted rates for keeping mileage at a minimum. Plus, some even cover your deductible costs unlike conventional policies would typically do!
Overall, Connecticut auto insurance prices rank among the highest nationwide. By comparing quotes and shopping around for discounts you may be able to secure more competitive deals. The chart below details average premiums for different coverage levels offered by Connecticut’s major carriers based on an ideal driver profile of a 30-year-old with excellent driving record and average credit history.