How Much Is Car Insurance in Connecticut? (2023)

Auto insurance prices may vary depending on age, coverage, credit rating, location and driving history. Young drivers in Connecticut pay $329 more than seniors. Moreover, Hanover offers full coverage at the most expensive rates, which are $3,515, while GEICO offers the cheapest option at $693 annually.

Connecticut's average yearly cost of car insurance is $1,305, although actual costs may change depending on a number of distinct factors. In Connecticut, drivers most likely pay the following average premiums:

• Clean record: $1,305 per year
• Speeding ticket: $1,613 per year
• Accident: $2,048 per year
• DUI: $4,286 per year

Rates for full coverage insurance are shown above. Prices for minimum coverage are anticipated to be lower.

Connecticut's average car insurance rate for full coverage is more expensive than the $1,054 national average. Due to the state's huge urban population, heavy traffic and increasing auto theft rates, you may incur high insurance rates. Other aspects like your age or driving history may also be the reasons why Connecticut's car insurance costs are expensive.

Since costs fluctuate between insurers, the average cost of car insurance may not be precise. GEICO provides the most affordable car insurance in Connecticut for minimum coverage, costing $319 annually (full coverage rates are $693). The most expensive is Hanover, where minimum coverage costs $1,834 (full coverage costs $3,515 yearly).

Liability-only insurance is affordable, but by browsing more options, you might be able to find the cheapest full coverage insurance.

Increasing liability limits will result in higher insurance prices. If collision and comprehensive insurance are added, the cost may increase. Drivers in Connecticut frequently pay $1,430 for full coverage with increased liability limits as compared to $661 for the required minimum level of coverage. You could save more on a full coverage policy if you choose a higher deductible.

The cheapest minimum coverage in Connecticut offers the lowest liability limits. Collision and comprehensive coverage are not included.

Insurance companies could offer plans with increased liability limits like 100/300/100 or 50/100/50. The following are covered under 100/300/100 liability limits:

• $100,000 for bodily injury liability per person
• $300,000 for bodily injury liability per accident
• $100,000 for property damage liability

The standard maximum liability for a company is 300/500/300. The costs of damages to you and your car are covered by comprehensive and collision insurance, but liability insurance only covers harm or injury to others. All these coverage options combined make up full coverage insurance.

When you are a new driver or a young driver, these factors impact the cost of your car insurance. The prices for full coverage in Connecticut are listed below by age:

• 22 to 29: $1,672 per year
• 30 to 59: $1,305 per year
• 60+: $1,343 per year

Individuals in their 20s commonly pay high rates, whereas rates for motorists between the ages of 30 and 59 are typically steady before they approach the age of 60. New drivers will also pay similar rates to those in their 20s due to their inexperience on the road.

Teenagers pay more for insurance than people of other ages. For a 16-year-old male, a family policy in Connecticut with full coverage has an average price of $2,746 per year, while standalone coverage costs $7,752 per year. Drivers under the age of 18 might need a parent’s consent to buy coverage.

Rates decrease as drivers age. For a 19-year-old, a family plan normally costs $2,246. For a 22-year-old, it costs $1,828. You could obtain the cheapest teen auto insurance in Connecticut by evaluating quotes from several companies.

The insurance rates in Connecticut may differ significantly depending on sex. A family policy for a 16-year-old female typically costs $2,412 per year. This is around $334 less compared to a male teen.

The typical annual insurance premium in Connecticut for a new car and full coverage is $1,223. This is 15% more expensive than the typical annual premium for an old vehicle ($1,063). The higher actual cash value (ACV) and greater maintenance costs of a new vehicle can lead to a spike in insurance rates.

Insurance companies use the ACV of your car to determine collision and comprehensive claims. Your car's coverage will be less expensive as a result since lower claims will lead to decreased insurance payouts. Consider full coverage insurance if you drive a more recent car since it covers all your liabilities for other people's injuries and damages that occur to your car.

Drivers in Connecticut with moving violations pay more for car insurance than those with clean records. Drivers with the following records can expect to pay these average rates for full coverage:

• Clean record: $1,305 per year
• Speeding ticket: $1,613 per year
• Accident: $2,048 per year
• DUI: $4,286 per year

Prices frequently increase based on how serious the violation is. A DUI will result in higher insurance costs than a speeding citation. You can locate the most inexpensive auto insurance in Connecticut for those with driving violations by comparing quotes from different companies.

Creditworthiness has a big impact on your auto insurance costs. Those with bad credit in Connecticut generally spend $1,582 yearly, compared to those with excellent credit who only pay $840. You can expect to pay the following rates for full coverage depending on your credit-based insurance score:

• Excellent: $840 per year
• Good: $1,001 per year
• Fair: $1,182 per year
• Below fair: $1,355 per year
• Poor: $1,582 per year

Considering how insurers may set prices differently on the basis of credit score, Connecticut residents with bad credit should shop around to find cheap car insurance options.

Auto insurance rates could vary based on your location. New Haven, the most expensive city in Connecticut, charges an average of $1,847, while Stamford drivers may spend $1,374 annually for full coverage.

With more people and traffic, cities like New Haven frequently have more expensive auto insurance premiums.

It could be challenging to determine the average cost of car insurance in Connecticut, so we answered frequently asked questions to assist you in your search.