Average Cost of Car Insurance In Connecticut

Connecticut has beautiful scenery and curvy roads that make driving pleasant. The Average Cost of Car Insurance in Connecticut is another important factor for drivers to consider. Travelers can enjoy a captivating environment, from the gentle slopes of Litchfield County to the captivating views along Long Island Sound.

However, amidst this tranquility, exploring the roads of Connecticut also comes with the responsibility of securing affordable car insurance coverage with the cheapest rates. As the various factors influence the average car insurance price in Connecticut, it’s essential to know how those will affect your pocket. 

This article will explore how various elements impact insurance rates and the primary considerations when choosing car insurance in Connecticut. Let’s start the drive on the road in Connecticut without worries!  

Connecticut Car Insurance Rates by City

Car insurance rates in Connecticut vary greatly depending on the city you live in. Cities with larger populations and more traffic tend to have higher premiums due to increased accident and theft risks. For example, Bridgeport, New Haven, and Hartford usually have higher rates than other cities. Understanding this can help you make informed decisions about your coverage.

In some cities, like Waterford, Taftville, and Falls Village, drivers enjoy lower average monthly premiums, ranging from $176 to $187. These cities offer savings of up to 17% compared to the state average. On the other hand, cities like New Haven and Bridgeport have higher premiums, with monthly rates reaching $275 and $279, respectively. This means drivers in these cities pay 27% and 29% higher premiums than the state average. Knowing how your city’s rates compare can help you budget for car insurance more effectively.

Here is the list of Connecticut car insurance rates by city:

City	Avg. monthly full coverage premium	Avg. annual full coverage premium
Waterford	$176	$2,110
Taftville	$182	$2,189
Falls Village	$187	$2,244
East Hampton	$188	$2,253
Kent	$192	$2,309
Woodbury	$193	$2,320
Bridgewater	$194	$2,333
Cheshire	$201	$2,413
Wethersfield	$201	$2,410
Norwalk	$203	$2,440
North Branford	$208	$2,490
Shelton	$210	$2,515
Stamford	$212	$2,542
New Haven	$275	$3,300
Bridgeport	$279	$3,353

Average Car Insurance Costs By Age And Gender In Connecticut

Car insurance costs in Connecticut vary by age and gender. Younger drivers, especially teenagers, tend to pay the highest rates. For instance, a male teenager might pay around $5,000 per year for full coverage, while a female teenager might pay slightly less, around $4,800 per year. This is because younger drivers are considered at higher risk due to their inexperience.

As drivers get older, insurance rates typically decrease. For example, a male in his 30s might pay about $1,500 per year, while a female of the same age might pay around $1,400 yearly. Rates continue to drop for drivers in their 40s and 50s. However, rates may increase again for drivers over 65, as they are considered at higher risk due to age-related factors. 

Age	Full Coverage Premium (Annual)	Minimum Coverage Premium (Annual)
16	$5,396	$2,155
18	$8,364	$3,458
20	$5,800	$2,201
25	$3,345	$1,243
30	$2,721	$1,007
40	$2,516	$968
50	$2,357	$928
60	$2,301	$915
70	$2,636	$1,085

Average Car Insurance Premiums in Connecticut by Age of Female

Age	Full Coverage Premium (Annual)	Minimum Coverage Premium (Annual)
16	$4,971	$2,000
18	$7,765	$3,163
20	$5,222	$2,032
25	$3,149	$1,215
30	$2,667	$1,013
40	$2,495	$984
50	$2,236	$936
60	$2,243	$902
70	$2,607	$1,093

Car Insurance Rates In Connecticut By Credit Score

Car insurance prices in Connecticut change depending on your credit score. If your credit is poor, you’ll likely pay more than the average. Average credit means higher premiums, while good credit can keep costs in line with the state average. Excellent credit scores usually mean lower premiums, sometimes even below the state average. So, your credit score can significantly affect how much you pay for car insurance in Connecticut.

Credit Tier	Avg. Annual Premium
Poor	$4,837
Average	$3,209
Good	$2,506
Excellent	$1,764

Cheapest Car Insurance Companies In Connecticut

In Connecticut, finding the cheapest car insurance depends on your needs and what each company offers. Some prioritize low rates, while others specialize in high-risk coverage. GEICO, Amica, USAA, State Farm, and Nationwide are among Connecticut’s top choices for affordable car insurance. 

GEICO is known for competitive rates, while Amica often stands out for customer service. USAA primarily caters to military members and their families, offering discounts and specialized coverage options. State Farm and Nationwide are renowned for their extensive networks and various coverage choices.

Each company has its perks and considerations, so comparing quotes and policies is essential to finding the best fit for your budget and coverage needs. Beem is one of the best marketplaces where you can compare quotes from various car insurance providers in Connecticut. You can find Connecticut’s cheapest car insurance company that meets your requirements by comparing these options.

Also Read: Should You Bundle Car Insurance with Renters or Life Insurance?

Cost for Driving Record in Connecticut

Driving record plays a crucial role in determining car insurance costs in Connecticut. Various violations can lead to increased premiums, impacting drivers financially.

At-Fault Accident

Being involved in an at-fault accident can significantly raise insurance premiums in Connecticut. On average, drivers with an at-fault accident on their record can expect to pay $2,583 per year, translating to approximately $215 per month. This increase reflects the higher risk associated with drivers with a history of causing accidents.

Speeding Ticket

Receiving a speeding ticket can also result in higher insurance costs for drivers in Connecticut. On average, drivers with a speeding ticket can expect to pay around $2,054 per year or about $171 monthly. Speeding violations indicate a propensity for risky driving behavior, prompting insurers to adjust premiums accordingly.

DUI

Driving under the influence (DUI) is one of the most serious violations in terms of insurance consequences. In Connecticut, drivers with a DUI conviction can expect a substantial increase in insurance premiums. The annual cost for car insurance after a DUI is $5,359, amounting to approximately $447 monthly. This steep increase reflects the heightened risk associated with impaired driving.

How Much Is The Auto Insurance For Good And Poor Credit Scores in Connecticut 

In Connecticut, the difference in annual car insurance premiums between drivers with good and poor credit scores can be significant. On average, drivers with poor credit scores can expect to pay around $1,667 more per year for car insurance than those with excellent credit scores.

This translates to a difference of over 100% in insurance rates. If you have a poor credit score, you could end up paying double the premium that a driver with good credit would pay for car insurance in Connecticut. 

Also Read: Can Paying Car Insurance Monthly Hurt Your Finances

Conclusion

In Connecticut, car insurance costs depend on factors such as your driving record, credit score, and where you live. While the average rate is higher than national averages, your credit score and clean records must affect your selection of the cheapest rate.

Comparing quotes from multiple insurance providers and exploring potential discounts can help drivers find the most affordable options that meet their needs.

For reliable and budget-friendly car insurance in Connecticut, consider Beem’s personalized car insurance quotes. Beem’s Car Insurance options aim to offer drivers peace of mind while driving with fair prices and customized coverage choices. You can get the best quotes to ensure you’re safe on the road without breaking the bank.

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