How Much Is Car Insurance in Connecticut? (July 2024)

Drivers in Connecticut pay an average of $1,789 yearly for full coverage car insurance. For a minimum coverage policy, the annual cost averages $925.

Your car insurance premium depends on factors like age, coverage level, where you live, driving record and credit history. These factors help insurance companies decide how much you pay. Affordable plans are available, but prices can change based on personal details.

The average cost of full coverage car insurance in Connecticut is $1,789 yearly or $149 monthly. You can find better rates by comparing car insurance quotes.

The table below shows a breakdown of the average cost of auto insurance in Connecticut, whether you're looking for minimum coverage or more comprehensive full coverage.

Car insurance in Connecticut is on the expensive side. The average annual premium for state minimum coverage is $925, which breaks down to approximately $77 monthly. Comparatively, the national average cost of car insurance for the same level of coverage is around $595 annually or about $50 monthly. Connecticut's rates for full coverage with a $1,000 deductible are also higher, costing about $1,789 yearly or $149 per month, while the national average is notably lower at $1,244 annually or $104 monthly.

Factors contributing to Connecticut's higher car insurance rates include its dense population, the high cost of living, higher than average per capita income which can lead to more expensive vehicles on the road, and the likelihood of costly claims due to severe weather events like harsh winters. Also, state laws and insuranceelcome to requirements can affect how much drivers pay for coverage.

Car insurance premiums vary from company to company, even in the same state. For example, in Connecticut, GEICO offers the cheapest full coverage annually at $948, while Hanover presents the most expensive average premium at $4,571.

When looking for the cheapest car insurance in Connecticut, it's better to compare quotes from different providers to ensure you are getting the most affordable rate for your coverage needs.

The cost of car insurance in Connecticut is also impacted by the coverage level an individual selects. For instance, the monthly cost for minimum coverage stands at $77, while a more comprehensive policy, officially termed 100/300/100 full coverage with a $1,000 deductible, is priced at $149. Given the broader protection it affords, it's recommended to opt for a full coverage policy, safeguarding against a wide range of eventualities despite its higher cost.

While including comprehensive and collision coverages will increase your premium, selecting higher deductibles can make these additions more affordable. Each comprehensive and collision coverage comes with its own deductible, offering a way to manage potential out-of-pocket costs.

Connecticut's minimum car insurance requirements include $25,000 for bodily injury per person, $50,000 per accident, $25,000 for property damage and matching uninsured/underinsured motorist coverage.

Your location down to the city can impact car insurance premiums significantly. Stamford's affordable $1,374 full coverage contrasts with New Haven's pricier $1,847 for the same policy.

Car insurance costs in Connecticut vary due to several key factors, including your driving record, the type of car you drive and even your credit history. Where you park your car and how much you drive also influence premiums.

Age does impact car insurance costs in Connecticut. Young drivers aged 22 to 29 typically pay the most, with an annual average of $2,280 for full coverage. As motorists mature, rates tend to decrease. Adults between 30 and 59 see average rates around $1,789.

Those over 60 have a slight uptick in premiums to an average of $1,839 annually. Thus, car insurance tends to be more affordable as drivers gain experience before slightly increasing for senior drivers.

Age and gender affect car insurance rates in Connecticut, with 16-year-old male drivers experiencing some of the highest premiums. On average, adding a male teen of this age to a family car insurance policy costs $2,746 annually, marking a steeper price point when compared to other demographics.

Teens under 18 usually need a parent or guardian to co-sign for car insurance, and if a 16-year-old male opts for an individual policy, the premium skyrockets to $7,752.

The average annual cost of full coverage insurance for a 2012 car model is $1,063, a stark contrast to the $1,223 needed for a 2022 model. Newer models often bear higher premiums due to their increased actual cash value, pricier repair costs and a greater risk of theft.

Experts recommend that those with newer vehicles consider investing in comprehensive and collision coverage, ensuring protection against a wide array of potential mishaps, ranging from accidents to theft and natural disasters.

Drivers in Connecticut can expect their car insurance rates to be impacted by their driving records. Here are the average costs based on different violations:

• With a ticket: $2,138 per year; $178 per month
• With an at-fault accident: $2,694 per year; $224 per month
• With a DUI: $5,693 per year; $474 per month

The more severe the violation, the higher the premium will be in Connecticut. Violations will influence your premiums as long as they're on your record, with the duration varying by state. For example, a DUI in Connecticut can influence your insurance rates for a considerable length of time, often resulting in increased premiums.

While a DUI offense generally results in the highest insurance premiums, sometimes other violations may result in unexpectedly high rates depending on the insurance company and state-specific regulations.

Explore the table to find out how different coverage and age groups affect the average cost of car insurance in Connecticut for each type of driving record.

In Connecticut, the average annual cost of car insurance can vary significantly based on your credit score, ranging from $840 for those with excellent credit to $1,582 for drivers with poor credit. Your credit score plays an important role in determining car insurance rates in Connecticut.

A good credit score is considered to be within the range of 670 to 739, while excellent credit is 740 and above. Conversely, a score below 670 may lead to higher insurance costs.

There are several key factors that shape car insurance rates in Connecticut. Here are some of them:

• Driving Record: A clean driving record can net you lower premiums, while traffic violations or accidents indicate a higher risk, leading to increased rates. Safe driving saves money.

• Age and Gender: Younger drivers often face higher costs due to inexperience, while age typically brings lower rates. Gender can also influence premiums, based on statistical risk assessments.

• Location: Urban areas with higher traffic density and theft rates can elevate insurance costs. Conversely, living in quieter, rural areas may result in more favorable rates.

• Type of Car: High-performance or luxury cars cost more to insure because of potentially higher repair costs and theft rates, compared to more modest, safety-rated vehicles.

• Credit History: In Connecticut, a solid credit history might help you achieve lower insurance premiums, reflecting financial reliability and reduced risk for insurers.

• Coverage Level: Opting for state minimum coverage may lower your cost initially, but adding collision insurance or comprehensive insurance offers more protection, which may be more cost-effective in the long run.

• Annual Mileage: Less time on the road means lower exposure to accidents, which can reduce your insurance rates. High annual mileage can result in higher premiums.

• Discounts: Take advantage of discounts for multiple policies, defensive driving courses or safety and anti-theft features. Insurers reward measures that reduce your risk profile.

To secure affordable car insurance in Connecticut, compare rates, increase your deductible and utilize all eligible discounts for immediate savings on minimum coverage plans.

Understanding the average cost of car insurance in Connecticut is essential for budgeting purposes. Factors such as driving history, vehicle type and coverage options play a significant role in shaping these expenses.

Our FAQ aims to equip you with clear information on what to expect financially when insuring your vehicle in the Constitution State. It's tailored to help you make informed decisions without the guesswork.