Connecticut is home more thanThere are 2.6 million drivers licensedCar insurance is required to legally drive a vehicle in the State.New Haven’s average car insurance cost is $2,324 for full coverage, and $1,088 to cover minimum coverage.
Bankrate evaluated the market leaders in New Haven to find the most affordable car insurance. We compared coverage options, price, and discounts to determine the best deal. We also checked each company’s financial strength rating by AM Best and their J.D. Power scores for overall customer satisfaction. This comparison can be useful depending on your priorities when shopping for car insurance.
New Haven’s best car insurance companies
Bankrate’s review on theBest car insurance companies in Connecticut?Our evaluation revealed that Progressive, State Farm, Geico, and Amica are the most affordable car insurance companies.These companies offer low rates, great discounts, and excellent third-party ratings. We chose them because of their affordability. This review includes rates based on 2021 annual premiums from Quadrant Information Services.
Amica
Amica is one the most highly rated New Haven insurance companies. J.D. Power’s 2021 U.S. Auto Insurance Study, Amica was ranked as the top insurer for overall customer satisfaction in New Haven. J.D. Power’s 2021 U.S. Auto Insurance Study ranked Amica as the best insurer in terms of overall customer satisfaction, out of 12 top providers.
Amica is an insurance company that is well-respected. They offer low rates, great discounts, and extensive coverage. All policies include a rate lock guarantee, disappearing-deductible, accident forgiveness, pet insurance, and other perks at no additional cost.
State Farm
J.D. Power ranked State Farm as the second-place finisher in their auto insurance study. In J.D. Power’s latest auto insurance study, State Farm was second. Power insures more drivers that any other company and offers many car insurance discounts for all drivers, regardless of age or life circumstance. The coverage options offered by the company are limited in comparison to other companies.
New Haven’s safety-conscious drivers have the option to enroll in State Farm’s safe driver reward programs Steer Clear for drivers younger than 25 and Drive Safe & Save (for drivers older than 25). State Farm offers traditional auto insurance discounts that offer even greater savings.
Geico
If you are looking for the cheapest car insurance, Geico is a popular company to consider. Geico has some of the best rates in New Haven based on its annual premiums. Geico offers discounts that can help you save even more, including those for military personnel, federal workers, going on an emergency deployment, being a good student, taking defensive driving courses, and having a safe car. Geico only offers limited coverage options for drivers who want more comprehensive coverage.
Progressive
Progressive’s New Haven car insurance rates are higher than the average for other companies in the region. Progressive offers more than 12 discounts and most drivers will be able qualify for many to get a lower rate.
Progressive offers discounts to policyholders who have continuous insurance, bundle policies, smart students (based on a minimum grade point average) and enroll in paperless statements. Progressive offers a variety of endorsements that can be added to your financial protection.
New Haven has the lowest car insurance
The average cost of car insurance in New Haven is significantly more expensive than the average rate in Connecticut, and the national average.For full coverage, Connecticut’s average annual rate is $1845 per year. Nationally, the average rate for full coverage is $1,674. For full coverage, the average rate in New Haven is $2,324 per year.
Each driver will pay a different rate depending on their personal history and life circumstances. Premiums are based on credit scores and age. We compared the best car insurance rates in New Haven based on market share.
The providers in the table above are some of the cheapest car insurance companies in Connecticut, but by comparing quotes from car insurance companies, you will see that rates are not the only consideration important to drivers.
USAA, for example, has extremely low rates but only sells insurance for military personnel and their families. Geico offers affordable policies but has fewer endorsement options than other companies. State Farm and Amica are the best choices if you’re looking for a provider that provides great customer service. These factors will make it difficult to determine the most affordable company.
New Haven insurance requirements
New Haven requires drivers to have minimum car insurance to be able to drive legally. The minimum coverage limits are abbreviated as 25/50/25, and includes both personal liability and uninsured/underinsured motorist (UM/UIM) liability coverage:
- $25,000 per person in bodily injury or UM/UIM coverage
- $50,000 per accident in bodily injury, UM/UIM and liability coverage
- $25,000 per accident in property damage liability coverage
To meet state car insurance laws, a minimum coverage policy suffices. If your vehicle is financed, you may be unable to choose the lowest amount of insurance. Lenders typically require collision and comprehensive coverages to protect their financial investments.
There is no guarantee that a minimum coverage policy will offer enough protection in the case of an at-fault collision. Experts recommend that you have higher coverage limits or expand your coverage to your vehicle. Talk to a licensed agent about the best coverage for you.
New Haven: Car insurance discounts
Look for insurance companies that offer discounts if you are looking to reduce your insurance costs for full coverage or minimum coverage policies. While most providers offer savings options, the details of each discount will vary from one provider to another. These are some of the most common discounts that you will find in New Haven
- Discount for new cars: Insurance companies offer discounts if you insure a vehicle that is at least two years old.
- Discount for drivers who pay the full premium: Drivers who pay in full often qualify to receive a slightly lower rate.
- Insurance companies offer a claim-free discount if you don’t have any recent accidents or insurance claims.
- Discount on vehicle safety features: You might be able save money if your vehicle has safety features like anti-lock brakes or airbags.
One thing you should remember when it comes to car insurance discounts is that the actual savings will depend upon the discount. A claim-free discount might be more effective than a pay in whole discount. Bundling discounts will help you save on both your auto and home insurance policies. Certain insurance companies may offer greater savings for the same type discount than others.
Questions frequently asked
Which is the best auto insurance company?
The best car insurance company depends on every driver’s unique insurance needs. Compare providers and shop around to find the best one for you. Get quotes from several companies to find the best rate for you.
What is the cost of New Haven car insurance?
New Haven’s average driver pays $1,088 to get minimum coverage and $2,324 to get full coverage insurance. Car insurance rates can vary based on your individual needs. Based on factors such as your age, claim history and type of car, you might pay more than the average city rate.
