Cheapest Car Insurance In Connecticut (2024) (original) (raw)

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10/18/2024 08:01 AM

Connecticut drivers should compare policy options to find the most affordable coverage due to the increasing costs of car insurance. Our reviews team has researched the best car insurance companies nationwide. We carefully examined how each provider is seen by people, how satisfied customers are, the types of coverage available, and the average amount of money people pay for premiums.

In this article, we will discuss the most effective methods to save money on insurance and where you can find the most affordable car insurance in Connecticut tailored to your driving background.

Key Points

• GEICO is the cheapest car insurance company in Connecticut overall, with an average rate of $51 per month for minimum coverage and $122 per month for full coverage.
• USAA and Kemper also offer affordable car insurance rates for many driver profiles.
• If you’re under 25 or have traffic violations on your record, you can expect car insurance rates that are higher than the average.
• You can save on car insurance by opting for minimum coverage, looking for discounts, increasing your deductible, and bundling your auto insurance with other policies.

Cheap Car Insurance Connecticut

Different car insurance companies have varying ways of assessing driver profiles, which means the provider that offers the lowest price for one driver may not be the most affordable for you. For instance, below is a summary of the least expensive auto insurance companies in Connecticut and their rates based on different driver profiles.

*Unless stated otherwise, average costs are minimum-coverage rates for single male drivers between the ages of 25 and 35 with a clean driving history.

What Is The Cheapest Car Insurance Company In Connecticut?

In general, our research showed that GEICO has the most affordable car insurance in Connecticut for most types of drivers. The following sections will cover the average monthly costs of both minimum- and full-coverage car insurance from the cheapest companies in Connecticut.

These rates are for drivers in Connecticut who are different ages, live in different places, and have different driving experiences. The cheapest companies are organized by minimum coverage costs.

Cheapest Minimum Coverage In Connecticut: GEICO

Drivers looking for the most affordable coverage that just meets Connecticut state minimum requirements may find it at GEICO for about $51 per month or $613 per year on average.

Cheapest Full Coverage In Connecticut: GEICO

If you want better coverage for the lowest cost, GEICO is the best option. The provider offers full-coverage insurance for an average of $122 per month.

Full-coverage insurance policies in Connecticut generally include liability insurance, uninsured/underinsured motorist coverage, collision coverage, and comprehensive insurance.

Cheapest Car Insurance In Connecticut: Age

Below, you’ll find average insurance costs for Connecticut drivers ages 16 to 55 as well as the top five cheapest car insurance companies for each age group. Drivers who are 30 to 55 years old usually receive the lowest auto insurance rates because they have more road experience. Additionally, they are statistically less prone to getting into car accidents in comparison to younger drivers.

Average Car Insurance Rates By Age

Cheapest Connecticut Car Insurance: Young Drivers

As mentioned, teenage drivers and early 20s typically pay the most expensive car insurance rates. That’s mostly because these drivers don’t have much experience driving and are more likely to break traffic rules and have car crashes.

In fact, the fatal crash rate per mile driven for teen drivers was nearly three times the rate for drivers 20 years old and older in 2021, according to the Insurance Institute for Highway Safety.

Cheapest Connecticut Car Insurance For 16-Year-Olds: GEICO

If you’re a teen driver or the parent of one, GEICO may be your best bet for finding the most affordable car insurance in Connecticut.

The company’s cheapest average rates for 16-year-old drivers are $213 per month or $2,551 per year, which is relatively affordable compared to other states. If you’re looking for full coverage, the average is $583 per month or $6,996 per year from GEICO.

Cheapest Connecticut Car Insurance For 25-Year-Olds: GEICO

Car insurance rates for young drivers in their 20s are much lower than what teenagers pay. However, the rates can still be expensive for this age group depending on the insurance company you pick.

GEICO provides the cheapest car insurance costs on average at $54 per month or $644 per year for minimum coverage. GEICO costs $131 per month or $1,571 per year for full coverage.

Cheapest Connecticut Car Insurance: Adult Drivers

Individuals who are in their forties generally pay the least amount for car insurance. You can compare average rates of drivers in their 30s, 40s, and 50s from the top five cheapest companies for each age group below.

Cheapest Connecticut Car Insurance For 35-Year-Olds: GEICO

Drivers in their mid-30s may insure their cars at the cheapest cost by getting a minimum coverage car insurance policy from GEICO. The company offers average minimum-coverage costs of $49 per month or $583 per year. For full coverage, GEICO’s rates average $113 monthly or $1,351 annually.

Cheapest Connecticut Car Insurance For 45-Year-Olds: GEICO

Forty-five-year-old drivers may find the most affordable minimum coverage from GEICO, with average rates of $51 per month or $613 per year. The cheapest full coverage comes from GEICO at $129 per month or $1,553 per year.

Cheapest Connecticut Car Insurance For 55-Year-Olds: USAA

USAA usually offers the most affordable car insurance rates in Connecticut for drivers who are in their 50s. The insurer’s average premiums are $53 monthly or $638 annually for minimum coverage. The cheapest full coverage option is from GEICO, costing $129 monthly or $1,553 annually

Cheapest Car Insurance In Connecticut: High-Risk Drivers

Aside from the kind of coverage you choose and the age of your car, how safe you drive has a major impact on the cost of your car insurance. Auto insurers typically determine if you’re a high-risk driver by looking at how many infractions are on your driving record, including speeding citations, at-fault accidents, and DUI convictions.

Average Car Insurance Rates For High-Risk Drivers

Drivers who are more likely to have accidents or break traffic rules have to pay car insurance rates that are higher than what most people pay, because of the many times they have broken the rules. On average, Connecticut motorists who are deemed high-risk may find the most affordable rates from State Farm for minimum coverage or Progressive for full coverage.

Cheapest Connecticut Car Insurance For Drivers With A Speeding Ticket: GEICO

Drivers with a speeding citation on their record can generally find the most affordable coverage from GEICO, with average rates of $64 per month or $768 per year for minimum coverage and $149 per month or $1,791 per year for full coverage.

Cheapest Connecticut Car Insurance For Drivers With An At-Fault Accident: GEICO

Getting into a car accident in Connecticut can also make your car insurance rates go up. GEICO tends to offer the most affordable rates on average at about $77 per month or $920 per year for minimum coverage and $178 per month or $178 per year for full coverage.

Cheapest Connecticut Car Insurance For Drivers With A DUI: State Farm

If you’re a motorist with a drunk driving conviction, you may find the cheapest minimum car insurance in Connecticut from State Farm for $100 per month or $1,204 per year on average. They also have rates of $264 monthly or $3,163 annually for full coverage.

Cheapest Connecticut Car Insurance For Drivers With Poor Credit: GEICO

People who have bad credit pay more money for car insurance. Those who don’t have the best credit history may want to check out GEICO, which has an average minimum-coverage rate of $82 per month or $984 per year and an average full-coverage rate of $192 per month or $2,302 per year.

Average Cost Of Car Insurance In 10 Connecticut Cities

Where your location is in Connecticut also affects the cost of your car insurance. Auto insurance companies consider drivers riskier to cover in areas with:

• Larger numbers of people
• There are a greater number of cars driving on the road.
• More frequent car crashes
• More traffic violations being committed at a greater frequency
• More incidents of car theft and slashed tires
• Extreme weather conditions

Certain factors that make car insurance costs higher are more common in big cities. This is why drivers in busy cities have to pay the most for minimum coverage. On the other hand, drivers in rural areas with less crime and a smaller population tend to get cheaper rates.

Top 5 Car Insurance Companies In Connecticut

We have looked at more than 40 insurance companies, not just their prices, but also what they cover, how good their service is, and how reliable they are. We have done this to find out which are the best five insurance companies for people living in Connecticut. Based on our research, we found GEICO to be the best provider for most drivers in Connecticut. Here are the ratings we have given to our top recommendations.

*The overall and category ratings above are based on nationwide factors.

How To Get The Cheapest Car Insurance In Connecticut

In Connecticut, you have a few options for reducing your car insurance expenses. These include:

• Opting for minimum coverage: If you just get the least amount of coverage that your state demands, you’ll pay the lowest price for car insurance.
• Seeking out discounts: Most insurance companies have multiple discounts that can help cut down on premium costs, from military and good student discounts to discounts for drivers that remain accident free for five years.
• Raising your deductible: A higher deductible will lower your premium costs, but you’ll have to pay more out of pocket if you file a claim.
• Bundling your auto insurance: You can often bundle your auto insurance with a homeowners insurance policy or other type of coverage to earn a discount.
• Comparing quotes: Getting price estimates from several companies can help you understand which provider is likely to give you the most favorable offer.

Many insurance companies offer usage-based insurance programs as a good way to save money. These programs use telematics to monitor your driving habits–from your speed and braking to the time of day you drive. If you drive safely, you may be eligible for a significant discount. However, certain programs might increase your rates if you engage in risky driving behaviors.

Some companies also offer diminishing deductibles and accident forgiveness. A diminishing deductible option decreases your deductible amount each time you renew your policy. Accident forgiveness ensures that your rates won’t increase after your first accident with the company.

What Does Connecticut Require For Car Insurance?

Drivers in Connecticut must meet minimum insurance requirements as outlined by state law, which include basic liability insurance and uninsured/underinsured motorist (UM/UIM) coverage:

• $50,000 bodily injury liability per accident
• $25,000 bodily injury liability per person
• $25,000 property damage liability per accident
• $50,000 underinsured/uninsured motorist bodily injury coverage per accident
• $25,000 underinsured/uninsured motorist bodily injury coverage per person

Liability coverage only takes care of other parties’ injuries and property damages in an accident that you cause. UM/UIM covers your injuries and property damages, but only in the case that the at-fault driver has little to no auto insurance.

Getting comprehensive insurance will ensure that your car is covered if stolen, vandalized, or damaged by floods, fire, animals, or other natural disasters. Collision insurance covers your car repairs after an accident.

Our Take: Best Cheap Car Insurance In Connecticut

When it comes to both minimum and full coverage, GEICO is the best and cheapest auto insurance company for most drivers in Connecticut. While the above costs can give you an idea of what you’d pay for car insurance in Connecticut, seeking an individualized rate will help give you a more accurate picture of what you’ll pay.

Many companies offer quick and free tools online that help you get a price quote. Alternatively, you can directly contact an insurance agent or representative at the company. Once you have gathered quotes from at least three providers, compare them to find the best option for you.

Best Cheap Car Insurance In Connecticut: FAQ

Here are some frequently asked questions about car insurance in Connecticut:

How much is car insurance per month in Connecticut?

The average cost of minimum-coverage car insurance in Connecticut is $93 per month or $1,121 per year. For full coverage, the average is $213 per month or $2,554 per year.

Is Connecticut Car Insurance Cheaper?

Connecticut auto insurance is typically more expensive than the national average. Nationwide, the average cost of minimum-coverage insurance is 670peryear,whiletheaverageinConnecticutis∗∗670 per year, while the average in Connecticut is 670peryear,whiletheaverageinConnecticutis∗∗1,121 per year. For full coverage, residents of Connecticut pay about $2,554 per year on average, which is more than the national average of $2,216 per year.

How We Rate Insurers

Our review process aims to deliver consistent and unbiased assessments of car insurance providers. While there are multiple qualities that make a car insurance company successful, our review team focuses on those we believe are the most important for consumers:

• Cost: Cost can be difficult to compare between insurers because so many factors impact annual premiums. The cheapest insurer for one driver may not be the cheapest for another. To determine our cost score, we look at insurance rate estimates generated by Quadrant Information Services, discount opportunities, and consumer reports.
• Coverage: To determine our coverage score, we look at the number of coverage options available as well as coverage limits and deductible options. Our ratings also take into account additional services and benefits like roadside assistance.
• Reliability: It’s important that an auto insurer is able to meet its claims obligations. Companies with a strong financial strength rating from AM Best score best in this category. Established insurers with a long history of reliable service also receive positive marks.
• Service: We comb through customer reviews on sites like the Better Business Bureau (BBB) to learn about customer experiences. Insurers with a low volume of complaints score well in this area. We also consider the claims process, giving higher ratings to car insurance providers that offer easy-to-use claims apps.

*Data accurate at time of publication.