Connecticut car insurance policyholders tend to reflect on their auto insurance policies about once a year, when it's time to renew them. That's when they ask themselves if there are things they are missing that could lower their premiums. Luckily, there are a variety of ways to save money on car insurance, some of which are quick and easy; others which require you to think about car insurance more than once a year.
Mandatory Coverage And More
Liability coverage is mandatory in at least the amounts of:
- $20,000 bodily injury limit per person
- $40,000 bodily injury limit per accident
- $10,000 property damage liability per accident
Uninsured/Underinsured Motorist Coverage is required in minimum amounts of:
- $20,000 bodily injury liability per person
- $40,000 bodily injury liability per accident
Other options you have include:
- Collision Coverage: This provides physical damage coverage for your vehicle if you are involved in an at-fault accident.
- Comprehensive Coverage: This provides physical damage for your vehicle in case of loss of damage by perils beyond your control, like fire, theft, animal collision and others.
- Medical Payments, Towing and Labor and Rental Reimbursement are also very popular types of car insurance coverage that Connecticut drivers carry.
Tips On Getting Lower Connecticut car insurance rates
Saving on your car insurance is very easy. By following a few guidelines, you should be able to save yourself a significant amount of money. Hartford is the insurance capital of the U.S. and is host to the Connecticut Insurance Department, where you can research insurers doing business in that state.
- Get multiple car insurance rate quotes so you can compare prices. They vary fairly widely from company to company.
- Ask for discounts. Many companies offer discounts if you are a safe driver, put low mileage on your car yearly and if you, or another driver of your vehicle, are a good student. Senior discounts and group membership discounts are also common.
- Your credit score affects your auto insurance premium because insurers now check credit as a regular part of car insurance rate quotes. If you find that your score is not as good as you want it to be, you can consult your credit report via Equifax, and etc. to find out what is affecting it. You can improve your credit score by repairing errors.
- Piggyback your auto policy onto homeowner's insurance. This typically gives you a multi-line insurance discount on both your auto and homeowner's.
- Raise deductibles in order to lower your premium. Just be sure it's a reasonable amount that you can afford if you actually need to make a claim.
- Improve your driving record by taking a defensive driving or other type of course to erase a minor citation.
- Make wise choices in how you drive, where you live and the kind of car you buy in order to keep your premiums as low as possible, they all affect the cost.
Finding affordable Connecticut car insurance, rated the 10th most expensive state for auto insurance in the country, is not an easy task. However, with perseverance, valuable knowledge and some shopping around, you will succeed in finding cheap car insurance that will meet your needs.