Average Auto Insurance Rates in Connecticut

Have you ever wondered what other CT drivers are paying for car insurance, and how your rate compares? It’s always tricky to compare one individual’s rate to another’s since there are a variety of risk factors that insurance carriers consider when offering coverage and rating your policy, such as credit score, years of driving experience and driving record, just to name a few. Looking at average rates can be useful but your rate may be a lot more or a lot less, depending on your unique risk factors. With that in mind, here’s a look at the average annual auto insurance rates for drivers across the State of Connecticut.

Auto Insurance in Connecticut

The most recent insurance cost study from the National Association of Insurance Commissioners (2016) found that the average auto insurance expenditure nationwide in 2016 was $935.80. New Jersey topped the list of most expensive states for auto insurance at $1,309.29, with Connecticut coming in 10th at $1,086.17. States in New England and the Mid-Atlantic with high population density like CT tend to be the most expensive states for auto insurance. In Connecticut, policyholders spent on average $678.41 for liability, $383.38 for collision and $121.25 for comprehensive coverage.

Auto Insurance Rates Affected by Age

Although the rates come down significantly in a short period of time, premiums to insure teen drivers and new drivers are significantly higher than the average cost for car insurance. This class of drivers presents higher risk for accidents and distracted driving, so expect that if you add teen drivers to your policy, your premium will increase significantly. According to https://www.carinsurancecompanies.com/, the cost of auto insurance for a teenager can generally vary from $1,200 to $4,850 per year, with an average of $2,150 nationally. The good news is that auto insurance rates generally decrease as drivers gain experience.

Auto Insurance Rates Based on Credit Score

You may not realize it, but your credit score is a significant risk factor that most auto insurance carriers consider when determining your premium. Factors that help your credit score, like paying your bills on time and keeping your debt burden low will typically have a positive impact. Credit reporting agencies that keep electronic records of your timely payments include Equifax, Experian and Transunion. Although there are extenuating circumstances and exceptions to the rule, your credit score is correlated with auto insurance risk. Expect to pay higher than average rates in your state if your credit is poor.

Auto Insurance Rates Based on Coverage

In addition to the various risk factors that carriers use to determine your auto insurance rate, what you pay for insurance depends on the type of coverage and the limits assigned to each line of coverage. The State of Connecticut requires every driver to carry at least a minimum level of auto liability insurance as well as uninsured and underinsured motorist coverage.

Safe Ways to Reduce Auto Insurance Rates in CT

As a consumer, you have more power than you may know. You have the power to control many of the risk factors that auto insurance carriers use to determine your premium. For example, if your driving record shows that you’ve racked up moving violations and caused accidents, you can demonstrate safer driving over time. Also, you get to decide what type of car you drive and where you drive it. For tips on how to reduce your risk factors, improve your insurance score and lower your rate, consider speaking with your insurance carrier.

Best Value for Auto Insurance in Connecticut

Don’t hesitate to contact your carrier if you have questions about coverage and need professional advice. Having the right auto coverage with adequate limits will reduce your risk as a driver and give you peace of mind each time you grab the wheel.

If you’re seeking great coverage at affordable rates, consider Plymouth Rock Assurance. Plymouth Rock provides custom coverage options and experienced representatives who deliver valuable advice and exceptional customer service. Explore all the available discounts for drivers in Connecticut as well. Call Plymouth Rock today to get the best value for auto insurance in CT!

Call 855-993-4470, get a quote online, or find a local agent to learn about average auto insurance rates in Connecticut from Plymouth Rock. For more information, visit our Contact Us page.

 

Plymouth Rock Assurance® and Plymouth Rock® are brand names and service marks used by separate underwriting, managed insurance, and management companies that offer property and casualty insurance in multiple states. In Connecticut auto insurance is underwritten by Plymouth Rock Assurance Corporation and Palisades Insurance Company. Each company is a separate legal entity that is financially responsible only for its own insurance products. Actual coverage is subject to the language of the policies as issued by each separate company.