MoneyGeek ranked car insurance companies in New Haven with great service and affordable rates. To help you find the best rates, we analyzed policies using varying coverage amounts and driving records. The average car insurance rate in New Haven is $1,469 annually, 1.9% higher than Connecticut’s average. The insurer with the cheapest rate is GEICO, at roughly $879 per year.
bestauto insuranceNew Haven2021The Cheapest and Best Car Insurance in New Haven
The Cheapest Car Insurance Companies in New Haven
After comparing the average cost of policies from the best car insurance companies in New Haven, you can get the most affordable premiums from:
- GEICO: $879 per year
- USAA: $885 per year (available only to former and current military members)
There’s a wide range of policy prices from different car insurance companies in New Haven. For example, MetLife offers a policy with similar coverages for an annual rate of $2,260. That is 157.1% higher than GEICO’s price.
MoneyGeek used a full coverage policy, which includes liability, comprehension and collision insurance for a 40-year-old driver, to determine prices in New Haven.
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- CompanyAmountper year
- 1.$879
- 2.$885
- 3.$1,290
- 4.$1,313
- 5.$1,361
Average Cost of Car Insurance in New Haven
New Haven$1,469
CT$1,442
U.S.$1,424
The average rate of car insurance in New Haven is more expensive than the state and national averages.
Although drivers in Connecticut pay an average of $1,442 per year, those in New Haven spend a little more. With the average price of car insurance in New Haven costing $1,469 per year, it’s 1.9% higher than Connecticut’s average rate. The variance between the city average and the nation's is bigger. The national average is $1,424 per year, meaning that New Haven’s average rate is 3.2% higher.
The Best Car Insurance Companies in New Haven
MoneyGeek evaluated several carriers, and the ones offering the best car insurance in New Haven balancing high-quality service at affordable rates are:
- State Farm: MoneyGeek score of 92.5 out of 100
- GEICO: MoneyGeek score of 92.5 out of 100
USAA ranked highest, but since it’s only available to former and current military members, it may not be the best option for all drivers in New Haven.
The unique rating system used by MoneyGeek uses several parameters, including J.D. Power’s user satisfaction, financial strength and affordability.
1
USAA
Score:100
2
State Farm
Score:93
3
GEICO
Score:93
4
Allstate
Score:88
5
Nationwide
Score:85
6
Progressive
Score:83
7
Travelers
Score:80
8
Hanover
Score:78
9
MetLife
Score:78
10
Liberty Mutual
Score:75
11
MAPFRE Insurance
Score:75
12
Safety Group
Score:75
13
Arbella Insurance Group
Score:73
14
Plymouth Rock Assurance
Score:73
15
Safeco
Score:73
Personalized Quotes to Get You the Cheapest Car Insurance in New Haven
Different car insurance companies in New Haven have different rates. Factors like your car’s make and model, annual mileage and driving history also affect your policy’s premium. Drivers are encouraged to compare personalized quotes regularly since you never know when you might be eligible for rebates or a discount.
Shopping around for car insurance in New Haven could save you $590, which is enough to buy:
197Cups of Coffee
45Months of Your Favorite Streaming Service
Cheapest Car Insurance in New Haven by Coverage Amount
Of the various elements carriers use to calculate car insurance rates in New Haven, the amount of coverage you purchase has the most impact. Increased coverage limits result in higher premiums. For example, policies that meet Connecticut’s minimum insurance requirements cost $901 per year, while a full coverage policy with 100/300/100 limits is priced at $1,469 annually. That’s a difference of $568.
Connecticut Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.
- Uninsured Motorist$25,000 per person and $50,000 per incident. The minimum coverage may not be enough if you're in a serious accident.
Liability-only coverage is generally cheaper than full coverage, but it only protects damages to others if you cause an accident. Additionally, having 50/100/50 coverage means your policy covers costs of damages up to $50,000 for a person’s medical bills, $100,000 per accident and $50,000 for property damage.
GEICO offers an affordable car insurance policy for $521 per year for a state minimum liability-only coverage. Increasing your liability limits to 50/100/50 costs $81 more.
A full coverage policy with the same limits offers better protection for your assets. You can purchase one from GEICO’s for $722 per year. For extra protection, you could opt for a 100/300/100 limit policy for an additional $157.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1.$440$521
- 2.$462$525
- 3.$739$851
- 4.$689$834
- 5.$954$1,038
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1.$722$879
- 2.$824$885
- 3.$1,176$1,290
- 4.$1,199$1,361
- 5.$1,197$1,313
Cheapest Car Insurance in New Haven if You Have Driving Violations
With an average yearly premium of $879 for a policy with GEICO, drivers with clean driving records pay less for car insurance in New Haven compared to those who have infractions. A minor violation, such as a speeding ticket, may increase your GEICO premium by $1,085. An at-fault accident could raise your rates by $387. The most significant difference in car insurance quotes in New Haven, however, comes from having a DUI on your record. It can add $1,846 to your annual rate.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1.$1,012$1,229$1,847
- 2.$1,404$1,404$1,404
- 3.$1,964$1,266$2,725
- 4.$1,690$2,427$1,567
- 5.$2,025$1,646$2,643
Average Cost of Car Insurance by Postal Code
What part of the city you reside in affects the price of car insurance in New Haven. Postal codes help insurers determine the risk level of your neighborhood. You can even use ZIP codes to compare car insurance rates in Connecticut.
In New Haven, however, there is no difference in rates between ZIP codes. Regardless of whether you’re in the 06511 area or 06513, in New Haven, the average rate of car insurance is $1,469 per year.
- Zip CodeState Minimumper year
- 06511$1,469
- 06513$1,469
Insurance Providers That Serve New Haven
Factors That Impact Insurance Costs in New Haven
In addition to individual driver needs and history, location-specific factors like the rate of fatal accidents and the percentage of uninsured motorists also contribute to car insurance rates in New Haven. How New Haven ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for New Haven are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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