Cheapest and Best Car Insurance Companies in Waterbury, CT

The cheapest auto insurance provider for you will depend on your profile and needs. Amica Mutual is the least expensive option for full coverage and drivers with an accident offense. GEICO offers the cheapest minimum coverage and is also the most affordable for teens and those with a speeding offense. State Farm is the cheapest option if you have a DUI, while USAA is the best for those with a military background.

The cheapest car insurance companies in Waterbury for a minimum coverage policy are:

• GEICO: $448 per year
• Amica Mutual: $503 per year

Hanover is the most expensive provider for minimum coverage at $1,895 per year.

GEICO also offers the cheapest car insurance in Connecticut at $338 per year for minimum coverage. The company’s rates in Waterbury are $110 higher than their average rate in Connecticut. This difference illustrates how location plays a factor in car insurance rates. Rates from the same provider may vary depending on where you live.

A minimum coverage policy in Waterbury includes the following limits required by Connecticut law:

• $25,000 bodily injury liability per person
• $50,000 bodily injury liability per accident
• $25,000 property damage liability per accident
• $25,000 uninsured/underinsured motorist per person
• $50,000 uninsured/underinsured motorist per accident

With a minimum liability policy in Waterbury, your insurer will cover you for injuries to others up to $25,000 per person and $50,000 per accident. Your policy will also pay for property damage up to $25,000. You will be responsible for paying any costs over these limits.

The cheapest auto insurance companies for a full coverage policy in Waterbury are:

• Amica Mutual: $1,007 per year
• GEICO: $1,013 per year

Hanover has the most expensive rates for a full coverage policy at $4,075 per year.

GEICO offers the cheapest full coverage car insurance in Connecticut at $730 per year. Amica Mutual, the most affordable option in Waterbury, costs $277 more at $1007 per year. Although GEICO and Amica Mutual are still the cheapest options, location impacts costs and rates in Connecticut are lower than in Waterbury on average.

Full coverage policies typically cost more since they include comprehensive and collision insurance.

• Collision Insurance: Covers damages to your vehicle caused by on-road incidents like a collision or accident with another car.
• Comprehensive Insurance: Covers damage to your vehicle caused by off-road incidents such as theft or extreme weather.

The additional cost of a full coverage policy may not be worth it if you have an older car, as the policy’s costs exceed your car's value.

The cheapest car insurance companies in Waterbury after a driving offense are:

• Speeding ticket: GEICO ($1,178 per year)
• At-fault accident: Amica Mutual ($1,266 per year)
• DUI: State Farm ($1,446 per year)

Hanover is the most expensive company for Waterbury drivers with violations at $5,199 per year for speeding, $23,554 per year for a DUI and $6,633 per year for an at-fault accident.

A bad driving record will significantly increase car insurance costs, so even the cheapest rates for drivers with bad records are more expensive than average rates for those with clean records.

When shopping for cheap car insurance with a poor driving record, the severity of your violation may impact your premium. In most cases, rates for more severe violations are higher.

In Waterbury, drivers with a DUI pay an average of $3,436 more per year for car insurance compared with rates for a clean record, but those with a speeding offense only pay $316 more.

The cheapest car insurance companies in Waterbury for teens on a family policy are:

• GEICO: $1,606 per year for female teens and Kemper at $2,078 per year for male teens
• Kemper: $1,986 per year for female teens and GEICO at $2,289 per year for male teens

Allstate and State Farm are the most expensive companies for teens, at $3,610 per year for female teens and $4,296 per year for male teens, respectively.

GEICO, the cheapest option for female teens, is more expensive for male teens by up to $700. Insurers consider male teens riskier to cover and charge them higher rates. However, this rate difference usually drops off in adulthood.

If you are looking for the cheapest car insurance for teens, adding them to a family policy is significantly cheaper than purchasing an individual teen policy. For example, an individual teen car insurance policy in Waterbury costs at least $6,862 per year and about $4,501 more than the cost of adding the teen to a family policy.

The cheapest car insurance companies in Waterbury for drivers with a military background are:

• USAA: $784 per year
• Amica Mutual: $1,007 per year

For a minimum coverage policy, USAA and GEICO are the best options for cheap military car insurance at $388 and $448 per year, respectively.

For both full coverage and minimum coverage policies, USAA is the cheapest option. Amica Mutual is the second cheapest for full coverage but is more costly than GEICO for minimum coverage.

You can get a car insurance quote online in Waterbury, but you will need to enter a lot of personal details, and the process can take up to 15 minutes or longer per insurer. Instead, MoneyGeek's car insurance calculator can give you a quick rate estimate if you simply enter your age, coverage level, type of vehicle and driving record.

The best auto insurance company in Waterbury for you may vary based on how you prioritize cost, customer service and other factors.

MoneyGeek’s research shows that the best car insurance companies in Waterbury, CT, are:

• Best overall: Amica Mutual (MoneyGeek score 86 out of 100)
• Best for service: Amica Mutual (MoneyGeek score 71 out of 100)
• Best cheap: Amica Mutual (MoneyGeek score 81 out of 100)

A company’s Moneygeek score may vary based on how different factors are weighted in each category.

Amica Mutual also ranks as the best car insurance in Connecticut with a Moneygeek score of 84 out of 100. USAA is also one of Waterbury's top auto insurance companies, with a MoneyGeek score of 85 out of 100.

The best car insurance companies in Waterbury are:

• Amica Mutual: MoneyGeek score 86 out of 100 ($1,007 per year)
• GEICO: MoneyGeek score 75 out of 100 ($1,013 per year)

Amica Mutual ranked first for customer satisfaction, claims experience and affordability out of the eight companies analyzed. Policyholders can expect a balance of good service and affordable rates from this insurer. USAA is also one of the top auto insurance companies in Waterbury with a MoneyGeek score of 85 out of 100.

MoneyGeek excluded cost as a factor and found that the best car insurance companies in Waterbury for customer service are:

• Amica Mutual: MoneyGeek score 71 out of 100 ($1,007 per year)
• Hanover: MoneyGeek score 58 out of 100 ($4,075 per year)

Amica Mutual ranked first for claims experience and customer satisfaction in the comparison group, meaning it offers the best customer experience. Amica’s rates are also the most affordable in Waterbury, so you won’t have to pay a high price for great service.

Moneygeek analyzed affordability and service quality for policies that only meet the minimum requirements in Connecticut and found that the best cheap car insurance companies in Waterbury are:

• Amica Mutual: MoneyGeek score 81 out of 100 ($503 per year)
• GEICO: MoneyGeek score 77 out of 100 ($448 per year)

If you are looking for affordable car insurance, minimum coverage policies have low rates but offer the least protection against liability costs and do not cover damages to your car.

The average cost of car insurance in Waterbury is $1,478 per year for a full coverage policy with $100,000 bodily injury liability per person, $300,000 bodily injury liability per accident and $100,000 property damage liability.

Rates in Waterbury are $37 higher than the average cost of car insurance in Connecticut, 1,441 per year as of October 2022. Drivers in Waterbury also pay an average of $176 more than the average national cost of car insurance.