Cheap Car Insurance in CT

How To Get Cheap Car Insurance Connecticut Without Driving Yourself Crazy

The beauty of the eastern coastline is admired by many, and some people even go so far as to move there so that they can enjoy the beauty of the ocean, the sunrise over the water, and the fresh sea air on a regular basis. Often, though, people forget to research the kind of car insurance that they will be required to get once they reach their destination and they are faced with surprise after surprise as various taxes and fees are placed on them. Before you begin to get ready to head to Connecticut, make sure that you understand all the nuances so that you can make the proper decisions and get the minimum insurance you are required to have. I will give you information about the how to find cheap car insurance in CT and general automotive insurance laws in Connecticut so that you can be completely prepared for what you will face when you get there.

Connecticut Car Insurance Laws

While the car insurance policy that is right for you depends in some ways on specifics about you and the risks you are willing to take, state law places requirements on the car insurance policy you carry. In particular, Connecticut state law requires that your policy provide certain levels of liability coverage. The benefit of this requirement is that if you are injured or if a Connecticut motorist damages your property, you will be compensated for your loss, at least to some extent, without a lawsuit and whether the motorist had adequate personal assets. While few like to pay car insurance premiums, this is much better than getting stuck with medical or repair shop bills caused by someone else.

Currently, the State of Connecticut has a minimum car insurance requirement of 25/50/25 plus Uninsured/Underinsured (UM/UIM) coverage. What this means is that:

  • $25,000 (the first number of 25) of Bodily Injury Liability per person is required
  • $50,000 (the second number of 50) of Bodily Injury per accident is required
  • $25,000 (the third number of 25) of Property Damage coverage is required
  • $25,000 per person and $50,000 per accident of UM/UIM coverage are required

The first amongst them is the liability coverage that will cover the medical expenses of the accident victim. CT sets this amount at 25,000 dollars per head. If you need to ensure for more than one person, the amount simply becomes 50,000. This is why you will often find the symbol 25/50 appearing in the charts when you visit insurance company websites. The second amongst the mandatory levels of insurance in CT is property damage liability coverage. CT sets this amount at 25,000 dollars. It takes care of damages that your car may have caused on another car or someone's property. An investment of 300 - 400 dollars makes sure that you do not have to endure expenses for paying the property owner from your pocket.

The third amongst the mandatory levels of car insurance coverage in CT includes minimum underinsurance coverage of 25,000 dollars. One of the most interesting aspects of underinsurance in CT is that the minimum you can buy is the same as bodily injury liability. Many often complain that the amount should not be as high, and be left to independent choice. However, with the right to live becoming an important issue in the context of roads, an equal coverage of bodily injury liability and underinsurance only makes sense because the latter does the same thing when the other driver is caught without any insurance. Since this is not at all impossible, the government of CT makes it a risk-free system by making an equally high investment in underinsurance mandatory.

Within each of these types of coverage, the amount, and extent of coverage can vary. That is, the amount the insurer will pay in given cases is given explicit limits and the details of the situations that can trigger an obligation from the insurer are specified.

Bodily Injury Liability

If you or another driver covered by the policy are found to be at fault in an accident resulting in injuries or fatalities, the following is covered under Bodily Injury coverage:

  • Medical expenses
  • Lost wages
  • Pain and suffering
  • Legal defense if the drivers listed on the policy are involved in a lawsuit resulting from a car accident

Property Damage

If you or another covered driver are found to be at fault in an accident, the following is covered under Property Damage coverage:

  • Damage to another person's property (e.g., fence, car, or home)
  • Legal costs associated with a damage incident

Medical Payments

Medical payments is an optional coverage that pays for medical and dental treatment, hospitalization, professional nursing services, prostheses, and funeral expenses if a covered driver and/or accompanying passengers are injured while in an insured vehicle, regardless of who is at fault in the accident. The coverage limit refers to the maximum amount that will be paid per person, per accident.

Uninsured Motorist Bodily Injury

If you're injured in an accident caused by a driver who has no insurance coverage, uninsured motorist bodily injury coverage covers the following expenses:

  • Medical
  • Lost wages
  • Other general damages
  • Injuries sustained in hit-and-run accidents

Who’s covered?

  • Policyholder
  • Other drivers covered by the policy
  • Passengers

If the other driver involved in an accident does not have enough coverage or no coverage at all, this coverage pays up to the limit you purchase. The coverage limits you see in your quote refer to the maximum amount that will be paid per person, per incident, respectively.

If you receive any money for damages related to an accident from Worker’s Compensation, disability, or from this or another insurance policy, the amount you receive will be deducted from the amount paid by this coverage.

If you choose the Conversion level of coverage, you will not be limited to the amount paid because of other compensation.

Comprehensive Coverage

Comprehensive coverage is optional in Connecticut. However, it must be included on policies that have collision coverage and it may be required if you have a loan or lease on your vehicle.

What’s covered?

  • Damage not resulting from collision. (e.g., damage from falling objects, fire, certain natural disasters, and vandalism)
  • Theft
  • Glass damage
  • Damage from hitting an animal

Collision Coverage

Collision coverage is optional in Connecticut. Collision coverage, like its name suggests, usually only pays for damage to your car that occurs when your car hits another vehicle or object.

What’s covered?

  • Repair or replacement of vehicle that has collided with other cars/objects or has rolled over
  • Towing and/or related labor

SR-22 insurance

While searching, always remember that past accidents and driving records will have an effect on your car insurance premiums. In the state of Connecticut, there is something called an SR-22 insurance that is required of anyone who is a high-risk driver. This is also known as a certificate of financial responsibility, proving that you have insurance on your vehicle. This is required because the state wants to verify that you can cover the costs of any accidents that occur since you already have a record of having many accidents or problems with driving. You can gradually change your record over time so that you will not need this particular insurance in the future.

Connecticut Car Insurance Rates

Average car insurance cost in Connecticut:

Description Price
Connecticut Minimum Car Insurance Coverage $986 - $1,175
Connecticut Minimum Full Coverage Car Insurance $1,872 - $2,064
Connecticut Minimum Car Insurance Coverage for Young Drivers $1,706 - $1,958
Connecticut Minimum Full Coverage Car Insurance for Young Drivers $2,592 - $2,846
Average car insurance in Connecticut per month $82 - $237

Car Insurance Quotes Connecticut

Average car insurance quotes for Connecticut car insurance companies

Rank Car Insurance Company Name Price
1 Progressive $829
2 GEICO $853
3 Nationwide $938
4 State Farm $1,134
5 Allstate $1,376
6 Liberty Mutual $1,765

Finding Affordable Connecticut Car Insurance

The saying "You get what you pay for" is true with car insurance. The less you pay for a policy the less coverage you are likely to have. It is also true that different car insurance companies offer essentially the same policies at different rates. The reason for this is that the calculations car insurance companies use in determining their rates are complex. They are based on numerous estimates and often involve factors specific to the company, so they are bound to yield different numbers for different companies. Car insurance is a case in which paying more doesn't always mean getting more.

Finding affordable Connecticut car insurance is not a difficult as you may think. Insurance companies do not use a magic formula in determining the rate for your policy. The primary information they use is the information you provide about yourself and your vehicle. Your habits and vehicle information will help you find an affordable CT car insurance rate.

Factors Affecting Your Rate

Here is an example at what insurance companies may look at when they are deciding on determining your rate:

  1. Past Driving History: If you have a clean driving record, at least for the past three years, the insurance companies may give you some premium discounts. It could even get better if you are a long time driver with an absolutely clean slate.
  2. Credit Scores: Most states use your credit history as one of the underwriting basis for your auto policy. In Connecticut, however, according to a proposed bill no 56 introduced by Senator Crisco of the 17th District, insurance companies must inform their policyholders if they use their credit history as part of the rating criteria for automobile and homeowners insurance (this bill was introduced in January Session, 2007). Whether your company uses your credit information, maintaining good credit will work to your benefit.
  3. Good Grades: If you have a teenager, this is a good reason to help him (or not) with his homework. With a teenager on your policy and a teenager with good grades, it will earn you a premium discount. Most insurance companies will award a discount to students who maintain a B or better average. It seems that insurance companies have found out that better students are better drivers, which means fewer claims that can blow up your premium.
  4. Age: You may qualify for a state-mandated premium discount if you are of a certain age and meet certain conditions. For example, Connecticut currently mandates a premium discount to people over a certain senior age who have taken a course on driver safety. You must contact your insurance company to find out which courses qualify and which schools are on their approved list. But before deciding on taking the course, ask your insurance company how much of a discount you will earn by taking these courses.
  5. Vehicle: One factor affecting your car insurance rate is the vehicle that you are driving. Different vehicles, even within a certain classification, may differ in their cost to insure. Some vehicles are deemed to be less of a risk to insure while others cause much higher car insurance rates to be levied (flashy sports cars are the classic example). You can choose, or change to, a vehicle that lowers your insurance premium.
  6. Deductible Level: You may be able to lower your premium through a willingness to pay a higher deductible. A deductible is a portion that you agree to pay, or equivalently, that the insurance company can deduct in the case that through an accident or another mishap an insured obligation is incurred. You should be sure that you could afford a higher deductible before agreeing to it, as you just may have to pay it. This is a way to lower the risk your car insurance company sees in insuring you. They charge you less.

Simple Tips To Get Cheap Car Insurance Connecticut

Here are a few more tips you can take to find affordable Connecticut car insurance.

  • Determine what is in your budget before buying car insurance. It is of no used to have the big policy if you can’t afford it.
  • Always check the rates before buying a car. It is pretty much senseless to buy a car you cannot afford to insure. If you can’t afford the insurance, then you cannot afford the car.
  • Always try and keep a good credit. Many insurance companies base their rates on your credit history.
  • Be a good driver. You're driving history is pretty much the number one factor insurance companies’ use when determining an insurance quote.
  • Buy minimum coverage. Minimum liability coverage will save you more money than have a large full coverage policy.
  • Raise the deductible. If you're lucky you could save 30 to 40%.
  • Ensure your car, home, boat, RV with the same insurance company. They usually give a discount to people how to have multiple insurance policies with the same company.
  • Buy insurance online. It's easy to comparison shop online and compares rates from multiple companies.
  • Ask for a discount if you are a multi-car owner.

While it is great to save money on car insurance, it is important to have adequate coverage. The cheapest insurance will likely be that which only meets the Connecticut state requirement of minimum liability coverage for bodily injury and property damage. Thus, in addition to having no coverage for their vehicles and little if any coverage for themselves, holders of the cheapest policies risk the loss of personal assets if they are successfully sued for amounts greater than the maximum coverage of their policy.

To illustrate, suppose your car insurance policy covers only $25,000 in property damage liability and, in a clumsy moment, you crash into the side of a new $500,000 Rolls Royce. You could end up owing the Rolls Royce owner $475,000 in addition to your deductible expense. Though this is an extreme and unlikely example, you do want to ensure that the amount of your coverage is adequately high.

Another consideration is that while it may be cost-effective to forego insuring a car with little resale value against repair or replacement if a collision if your car is valuable, it is prudent to pay the extra amount needed for collision coverage. This is especially the case if you rely on your car for practical reasons and would need financial assistance repairing or replacing it in the case of an accident.

Eric Gould