How Much Is Car Insurance in Connecticut? (2023 Averages)
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Your policy and driver background significantly affect the cost of your car insurance. The average cost of car insurance in Connecticut is $1,442 per year. However, the average cost of a minimum coverage policy is only $884 per year. If you have a violation on your driving record or add a young driver, the cost of your insurance will increase to $1,809 or $3,471 per year, respectively.
Another factor that influences the price of your car insurance is your lender. For example, a full coverage policy costs $925 per year with GEICO but $2,295 per year with MetLife. Therefore, it’s important to compare providers’ rates and choose the lender that offers the best option for you.
The Average Cost of Car Insurance in Connecticut
MoneyGeek studied the average car insurance costs in Connecticut based on factors that directly impact insurance premiums. As a result, your age and credit score were identified to be the two main factors influencing average car insurance rates in the state.
Learn more about the average cost of auto insurance for a given driver profile.
Average Costs of Car Insurance in Connecticut
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- DriverAverage Annual PremiumAverage Monthly Premium
- The Average Driver$1,442$120
- Drivers Buying Minimum Coverage$884$74
- Adding a Young Driver$3,471$289
- Drivers With a Violation$1,809$151
- Drivers With Poor Credit$2,511$209
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Why are Car Insurance Rates Reasonable in Connecticut?
According to MoneyGeek's analysis, Connecticut falls into the category of states with moderate car insurance premiums. Because 88 percent of its drivers live in cities, the state’s roads experience significant traffic congestion and drivers are at a high risk of accidents. In fact, Connecticut ranks sixth in the country for highway traffic density.
Regardless, the state has a low rate of uninsured drivers and an average rate of vehicle theft; plus it’s less vulnerable to natural disasters than many other states nationwide. These factors help maintain the state's average vehicle insurance rate at a moderate level, despite its high rate of urban drivers and highway traffic. Still, your personal quote may be higher if any of these factors (like vehicle theft, for instance) are rated high in your neighborhood.
Average Cost of Car Insurance in Connecticut: Full Coverage vs. Minimum Coverage
According to MoneyGeek, a state minimum car insurance policy in Connecticut costs an average of $884 per year, while a full-coverage policy costs an average of $1,442 per year. The difference between the two premiums is $558 yearly.
Your average car insurance rate in Connecticut is mainly dependent on the amount of coverage you buy. Auto insurance companies provide a variety of insurance coverages. The state minimum coverage is typically liability-only coverage. If you opt for a car insurance policy with more features, you’re going to pay more for it.
For example, comprehensive, collision and liability coverages are included in a full coverage insurance policy. This is why full coverage is more expensive than a state minimum insurance policy.
Average Cost of Car Insurance in Connecticut by Coverage Level
If you’re looking for the cheapest car insurance, you can opt for a state-minimum policy in Connecticut.
For an additional cost, you can increase your liability insurance to 50/100/50 or 100/300/100. These numbers refer to the liability coverage levels. For instance, a liability insurance of 50/100/50 includes the following coverages:
- $50,000 in bodily injury liability insurance per person
- $100,000 in bodily injury liability insurance per accident
- $50,000 in property damage liability insurance per accident
Minimum coverage policies do not fully cover the expenses that you may incur through a claim. A full coverage policy, on the other hand, provides comprehensive and collision insurance, and covers damages through reimbursement.
Average Cost of Car Insurance in Connecticut By Company
Each insurance company provides different quotes regardless of the factors affecting the cost. As a result, the insurance company you select will have a major influence on your auto insurance premium. For drivers in Connecticut, GEICO offers the cheapest quote for a full coverage insurance policy. It is also the cheapest company for a state minimum liability-only plan, on average.
Although USAA is the most cost-effective choice for both insurance types, their insurance policies are only accessible to current and retired military members, as well as their families.
MetLife has the most expensive policies on average for both state minimum liability-only plans and full coverage plans.
Average Annual Costs of Car Insurance in Connecticut - By Company
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- CompanyMinimum CoverageFull Coverage
- $425$847
- $470$925
- $835$1,167
- $747$1,324
- $708$1,375
How Much Is Car Insurance in Connecticut by Age?
Your age also influences your Connecticut car insurance rates. Young drivers are considered high-risk drivers due to their inexperience. As a result, insurers charge them very high insurance prices. Being added to a parent's auto insurance policy is the best method for young drivers to save money on insurance premiums.
According to MoneyGeek, the average price difference between a 40-year-old driver’s and a 16-year-old driver’s full coverage insurance in Connecticut is $2,030 per year. Remember too that new or first-time drivers of any age are regarded as hazardous as young drivers and may face insurance prices comparable to those of teens.
Average Costs of Full Coverage Car Insurance in Connecticut - By Age
How Does Driving History Affect Car Insurance Costs in Connecticut?
People who’ve had car accidents or with multiple traffic tickets on their record are considered high-risk by insurance companies and will have to pay a lot of money on insurance costs. They may, however, find reasonable rates in Connecticut if they shop around, regardless of their bad driving history.
According to MoneyGeek, obtaining a speeding ticket might cost you $368 more in your premiums each year than someone with a clean driving record. The cost difference rises based on the gravity of the violation.
Average Costs of Full Coverage Car Insurance in Connecticut - By Driving History
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- Driving ViolationAnnual Premium
- Safe Driver$1,442
- Speeding Ticket$1,809
- At-Fault Accident$2,202
- DUI$2,809
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Credit Scores and the Cost of Car Insurance in Connecticut
In Connecticut, your credit score is used by insurers to estimate your likelihood of filing a claim. You can save quite a bit on insurance premiums if you have a good or excellent credit score. While having a low credit score may demand a higher cost, you may still find many affordable quotes from insurers in Connecticut.
Drivers with bad credit scores pay around $1,081 more each year in Connecticut than those with good scores, as per MoneyGeek's study. In comparison, if you have an excellent credit score, you’ll pay $208 less per year than those with a good credit score.
Average Costs of Full Coverage Car Insurance in Connecticut - By Credit Score
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- Credit ScoreAnnual Premium
- Excellent$1,221
- Good$1,429
- Fair$1,782
- Below Fair$2,109
- Poor$2,511
How Much Is Car Insurance in Your City?
Where you live is another determining factor in how much your car insurance costs. According to MoneyGeek's study, auto insurance costs differ significantly between states and even within Connecticut. Stamford, for example, has the cheapest average car insurance policy in the state, while Hartford has the most expensive. Compared to the state average of $1,442, Hartford's annual average premium is $41 higher, and Stamford's is $318 lower.
Your insurance premium will be more if you live in a highly-populated area with an increased risk of road accidents and congestion in highway traffic or an area prone to natural disasters. Additionally, if your neighborhood has a steep car theft rate, you can expect insurance rates above the state average.
Average Costs of Full Coverage Car Insurance in Connecticut - By City
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- CityAnnual Premium
- $1,442
- $1,483
- $1,469
- $1,124
- $1,339
Frequently Asked Questions About Connecticut Car Insurance Rates
Here are the answers to some of your questions regarding auto insurance costs in Connecticut.
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