There were3,433 crashesAccording to University of Connecticut data, there were ten fatalities on Stamford roads in 2020. Drivers need solid auto insurance to protect themselves financially in the event of a collision.Average car insurance costs in Stamford are $843 per year for Connecticut state minimum coverage and $1,938 per year for full coverage which includes collision and comprehensive.
Find theBest car insuranceBankrate in Stamford analyzed Quadrant Information Service rates to determine the average annual premium Stamford insurers charge. We also looked at other indicators of quality of car insurance companies, such as the availability of optional coverages and discounts that could lower premium rates.According to our findings, Amica, Geico and Nationwide are the most affordable car insurance providers in Stamford. State Farm, State Farm, USAA, and Geico were the top choices.
Stamford’s best car insurance companies
In doing our research on the best car insurance in Stamford, we noted who offers the cheapest policies in the region, as well as the companies’ J.D. Power Customer Satisfaction Index Ranking for New England, which assesses the companies on the basis of positive customer relations. Our review also considers optional coverages offered by each company, as well its discount list. To see how easy it is for customers to conduct business online, we also took into account feedback from policyholders about the company’s mobile apps and websites.
Amica ranks at the top of the J.D. The company is ranked first in the J.D. Power survey for New England. This means that customers will likely receive prompt and efficient service when they file a claim or manage their policy business. It also has one of the lowest average rates in our review.
Amica offers a wide range of optional coverages including rental reimbursement and accident forgiveness. There are also 18 discounts that can be used to lower the cost of your car insurance. A dividend option can be purchased, which will allow you to get back as much as 20% of your annual premium.
Geico’s rates were very low with minimum coverage being nearly $400 lower than the Stamford average. It does not score as well as the other options with J.D. It still scores above the New England average with an 841 score out of 1000.
Geico provides all types of liability insurance in Connecticut. However, there is a limited amount of optional coverage. These include rental reimbursement, emergency road service and mechanical breakdown. However, Geico does stand out in the number of discounts it offers and the amount of potential savings they may net policyholders; some of the discounts can save you more than 20% off your premium.
All over the country
Nationwide rates are much lower than Stamford averages and it doesn’t rank in J.D. Power’s regional study shows that it scores well in customer service. It received 886 points out of 1,000 in the 2020 Overall Property Claims Satisfaction Study.
Nationwide offers optional coverages that can help you save money over the long-term, such as accident forgiveness or a total loss waiver deductible waiver. A vanishing deductible is another option that can be used to reduce your deductible up to $500 for each year you do not file a claim. SmartRide rewards driving skills and can save you up to 25% on your premium.
The largest car insurance company in the U.S. by market share, and holding the second spot on J.D. Power was listed. State Farm is a popular choice for Stamford drivers. The website is user-friendly and features a blog as well as all the tools needed to manage your policy online.
Although State Farm’s annual rates for Stamford drivers were higher that some of the other companies we reviewed, their quoted premiums are still lower than the regional average. State Farm also offers discounts that will lower your rates and help you save money on your car insurance.
J.D. scores USAA very high with J.D. The insurer scores very high with J.D. USAA might be worth looking into if you fall within one of these categories.
In our review, USAA’s rates were on average in line with those of other companies that offer the best Stamford car insurance. This insurer also offers a handful of discounts, including some that are specific to military lifestyle needs. Garaging your vehicle at base can help you save 15% on your comprehensive insurance coverage. You can save up to 60% on your premium if you’re deployed.
Stamford has the lowest car insurance
Not surprisingly, since availability (by market share) and price are big factors on both lists, our top companies offering the cheapest car insurance overlaps our list of the best car insurance companies in Stamford. The lowest feature average rates were rated by providers as having lower rates than the regional averages, which is $843 for minimum coverage and $1,938 to cover full coverage.
Stamform’s average is slightly higher than the average for Connecticut as a whole, which is $1,845 for full coverage, and is also higher than the national average of $1,674. You may be able find a lower rate because premiums are different for each person.
It is a good idea to get quotes from several providers if cost is your main concern. Discounts and your particular circumstances may result in different rates. Bankrate determined that Geico, Amica, and USAA were the most affordable for minimum coverage based on their annual premiums. Full coverage rates for Geico, Nationwide and USAA offer more comprehensive coverage.
These premiums are based on 12 months of coverage. These rates are useful in demonstrating variance between providers. However, your rates may differ depending on your individual circumstances.
Insurance requirements for Stamford
Like almost every state in the U.S., Connecticut has laws indicating how much car insurance is required for drivers to legally operate a vehicle. Those legal minimums for the state are often written 25/50/25. This is what it means:
- $25,000 bodily injury liability per individual
- $50k bodily injury liability per accident
- $25,000 per accident property damage liability
- $25,000 bodily injury to a motorist who is not covered by insurance
- $50,000 bodily injury to an uninsured motorist per accident
- $25,000 bodily injury to a motorist who is not covered by insurance.
- $50,000 bodily injury to a motorist who is not covered by insurance.
Your lender may also require that you carry collision and comprehensive insurance if you lease a car or take out a loan.
It is worth noting that the legal limits are set low, and if you can afford it, most licensed agents recommend you purchase additional liability coverage, along with optional coverages such as uninsured motorist insurance, as the cost of a collision can quickly exceed minimum limits. Talk to a licensed agent about the best limits for your financial priorities.
Stamford car insurance discount
Discounts can prove to be very beneficial for drivers who are looking for cheap Stamford car insurance. Nearly all insurance companies offer discounts, and most of them are very easy to get. These are some of the most common insurance policies in Stamford.
- Bundling: Purchase all of your insurance (auto, homeowners, or renters) from one company to get a discount on both.
- For a safe driver, discounts may be available to help you avoid claims for a long time.
- Companies that reward drivers who go green may offer savings by allowing you to pay online, in full, and electronically deliver your documents.
- Usage-based: Some insurers may permit you to use telematics applications to track your driving and make real-time reports. Participating insurers will reduce your premium if your driving record shows that you have good driving habits.
- Safety features: Some companies may offer discounts for common safety features like anti-lock brakes or airbags.
Questions frequently asked
Which is the best auto insurance company?
The best car insurance company will vary for every driver.Bankrate’s 2021 review included Amica, Geico and Nationwide as well as State Farm, State Farm, USAA, and other providers.Connecticut. For Connecticut, click hereBest car insurance companyFor you, it is a good idea to compare coverage and quotes from several providers.
What is the cost of car insurance in Stamford?
Stamford’s average car insurance cost is $843 per year for minimum coverage and $1,938 for full coverage.You may find a lower price by simply shopping around.
What amount of car insurance do you need in Stamford
Connecticut requires that Connecticut have 25/50/25 liability coverage. Experts recommend that you buy higher rates of liability if you can afford it. This will ensure that you are covered even in the case of multiple injuries or serious accidents.