Drivers in Connecticut, like those in the majority of states, are required by law to have car insurance. Car insurance can help protect your finances if you cause an accident in addition to making you legally compliant. Auto insurance is an essential component of your financial planning. Connecticut drivers pay an average of $1,845 per year for full coverage insurance and $794 per year for minimum coverage. In 2015, Connecticut had over 2.8 million registered vehicles, and the state had 2,608,061 licenced drivers in 2019.
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Car insurance in Connecticut is more expensive on average than it is nationwide, and many drivers are likely looking for the cheapest car insurance possible without sacrificing coverage. Bankrate examined the average premiums for the top 25 car insurance carriers in Connecticut based on market share to determine which company offers the cheapest car insurance in Connecticut.
Cheapest auto insurance in Connecticut
Nationally, full coverage costs $1,674 per year, while minimum coverage costs $565 per year, which is less than what Connecticut drivers pay.
We determined that the following five companies offer cheap car insurance in Connecticut with good customer service, coverage options, and financial stability, based on sources such as J.D. Power and AM Best, after reviewing the average premiums for the largest companies according to data obtained from Quadrant Information Services. You may want to request quotes from these companies as you look for car insurance coverage.
Geico
Geico is Connecticut's cheapest car insurance company for both minimum and full coverage. In addition to its already low premiums, Geico provides a slew of discounts to help policyholders save even more. If you're looking for mobile tools, Geico might be a good option. Its mobile app has over 2.7 million reviews and a rating of 4.8 out of 5.0 on the App Store.
Geico received a high score of 841 out of 1,000 in the 2021 J.D. Power auto insurance study in the New England region. According to the National Association of Insurance Commissioners, Geico has fewer complaints than the national average for its personal auto product (NAIC). A score of 1.00 indicates that the number of complaints is typical for the industry. Geico's auto insurance product received a score of 0.64, indicating that it received fewer complaints than the industry standard.
Amica
Amica is a carrier based in Rhode Island that provides service in Connecticut. Amica's optional dividend policies are one of its most distinguishing features. If you choose this policy type from Amica, you may be eligible to receive up to 20% of your annual auto insurance premiums back. In the 2021 J.D. Power study, Amica was also ranked first in the New England region.
Despite the fact that Amica's premiums are already lower than the state average, it offers a number of discounts. You may be able to save money if you have no claims, are a homeowner, a loyal customer, take a driver training course, are a good student or a student away at school, or have a parent who is also an Amica policyholder.
USAA
USAA does not insure all drivers; the company only insures past and present military members, as well as select family members. If you are eligible, USAA may be a good option for your insurance. Despite the fact that it is not technically eligible for ranking due to eligibility restrictions, USAA consistently receives high J.D. Power ratings.
USAA provides a wide range of insurance products, including auto, home, life, and umbrella coverage. If you have multiple policies, you may be able to save money by bundling them all with USAA. You can also get discounts for being a good driver, parking your car on a military base, and driving fewer miles per year.
State Farm
State Farm is the largest auto insurance company in the United States, accounting for slightly more than 9% of the market. Despite the fact that its full coverage premium is the highest on our list, State Farm offers several discounts that may help you keep your premium low. Drive Safe & Save for adults and Steer Clear for teen drivers are two safe driver programmes that can help drivers get rewarded for good habits.
In the 2020 J.D. Power Auto Claims Satisfaction Study, State Farm received an above-average score, indicating that policyholders are generally satisfied with its claims service. The NAIC also gave the personal auto product a lower-than-average complaint index score of 0.69.
Nationwide
Nationwide has been in operation for nearly a century. Its auto insurance provides Connecticut drivers with lower-than-average premiums as well as a wide range of coverage options. Drivers can select standard auto insurance coverages, but they can also tailor their policies with features such as a vanishing deductible, gap insurance, and accident forgiveness.
Nationwide also offers a variety of discounts. Its two telematics programmes, SmartRide and SmartMiles, are noteworthy. These programmes may assist you in saving money on insurance by charging you a more personalised rate based on your driving habits or the frequency and distance you drive.
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