The annual average car insurance quote in Connecticut is $1,442, slightly more than the national average of $1,424. Connecticut rated 39th in cost nationwide when computing averages for multiple companies and locations for one sample driver, with number one being the cheapest. MoneyGeek calculated averages based on coverage level, age, driving history, credit score and location.
How Much Is Car Insurance in Connecticut? Rates by Coverage Level, Age, Driving History and Location
The average car insurance cost in Connecticut is $1,442, calculated for a 40-year-old driver with a full coverage policy and clean driving record. The same 40-year-old driver would pay an average of $884 per year for a state minimum car insurance policy in Connecticut.
However, pricing can vary greatly based on your driver profile. A teenage driver pays on average $3,471 per year for full coverage. That’s about $2,030 more than a 40-year old driver’s average quote for the same coverage.
MoneyGeek has broken down Connecticut’s average insurance costs across various determinants to help you understand how these rates change.
Average Cost of Car Insurance in Connecticut: Summary
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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Why are Car Insurance Rates Average 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
Minimum vs. Full Coverage Car Insurance Costs 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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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
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
- Below Fair$2,109
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
Frequently Asked Questions About Connecticut Car Insurance Rates
Here are the answers to some of your questions regarding auto insurance costs in Connecticut.
MoneyGeek collected vehicle insurance quotes in collaboration with Quadrant Information Services for this analysis. All plans analyzed were for a 40-year-old driver in Connecticut with a clean driving record and full coverage, unless modified by the previously listed factors, such as coverage levels, age, driving offenses and credit score. The specific limits of the full coverage policy are described on our methodology page.
MoneyGeek also acquired the following statistics on traffic density, uninsured motorists, urban population percentage and vehicle theft:
- Highway traffic density was calculated with 2019 data from the Federal Highway Administration.
- Data on uninsured motorists was drawn from 2019 data from the Insurance Research Council.
- Urban share of the population was calculated using the latest data from the U.S. Census Bureau.
- Data on motor vehicle theft rate was drawn from the FBI Crime in the United States Report for 2019.
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