Connecticut Auto Insurance
Auto Insurance Information for the State of Connecticut
Having car insurance in Connecticut is mandatory like many states within the nation. A major responsibility as a driver is to not put others at risk when on the road. If accidents do occur (which do often happen), covering the costs of damages could be detrimental to your finances if you are not insured.
Minimum Requirements for Auto Insurance:
- $20,000 for bodily injury liability per person per one accident
- $40,000 for bodily injury liability per one accident
- $10,000 for property damage per one accident
- $20,000/$40,000 for uninsured/underinsured motorist bodily injury
Although these are the required minimum amounts for auto insurance for Connecticut, it is still highly recommended that you purchase more if possible. Collisions can add up and be incredibly costly, so the higher coverage amounts you have in your insurance plan, the less you will have to worry.
Also note that when and if you decide to void your auto insurance plan, that the providers will notify the Department of Motor Vehicles (DMV) immediately of the cancelled policies. If and when you are stopped by a law enforcement officer and are asked to show proof of insurance, and you cannot provide it to them then you will be facing fines and possible suspension of license and registration.
Types of Auto Insurance in Connecticut
Liability Insurance:
- Bodily Injury Insurance: provides protection for accidents where you were at fault. Such expenses include medical costs, lost wages, and pain and suffering
- Property Damage Liability: provides protection for physical damages that were caused by your car. Such expenses include vehicle damage, property such as walls, fences, and equipment
Property Damage Insurance:
- Collision Coverage: provides protection against damages against your vehicle colliding with another
- Comprehensive Coverage: provides protection against damages on your vehicle due to all other causes including theft, fire, severe weather, vandalism, floors, and animal impacts
Connecticut runs on a Tort Insurance System, which means that in an accident, the person that was at fault is responsible for covering all the costs of the damages accrued, this also includes other expenses such as medical fees, work loss and pain and suffering. That is why it is suggested that residents of Connecticut purchase more than the minimum required amounts for auto insurance.
Auto insurance companies vary in coverage policies, so determining what type of coverage you want or need in your plan is crucial to choosing the right provider. Also, knowing what you want can help with reducing costs to your premium.
As you can see from the chart above, the rates change in price every month, thus noticing a trend can determine when is best to buy. Also, the average monthly premium for Connecticut is significantly higher than the national average, partly due to the high rate of underage drinking and driving.
If you are planning on switching insurance providers or looking for a different coverage policy, then start by acquiring insurance quotes from the most popular companies. Because discounts and savings vary between each insurer, it is best to gather several quotes and compare the policies to see which provides the best plan at the most affordable price.
All you have to do to start is to enter your zip code below. After a few questions, you could see how much more money in only a matter of minutes! Good luck with the search.
