Did you know that the United States has more than 6,000,000 car-related crashes each year? These statistics are overwhelming and you should be prepared for anything. Connecticut’s car insurance regulations are similar to those in other states. These regulations were created to ensure that drivers have insurance coverage in the event of an accident. It is very unfortunate that so many people don’t fully understand the importance and value of an auto insurance policy. People should be required to have auto insurance so that they are protected in case of an accident.
Car Insurance Laws In Connecticut
Connecticut law requires that drivers have an insurance policy that covers at least $20,000 for bodily injury liability and $40,000 for accidents. The auto insurance must cover $10,000 in property damage per accident. The state recommends that drivers have $20,000 worth of insurance coverage to protect themselves against uninsured or underinsured drivers. Take note of these Connecticut car insurance laws.
Minimum Protection
Although the law states that you must have minimum coverage for car insurance, this does not mean you cannot get a better policy. It is a good idea to get insurance that provides better coverage as the cost of property damage can often exceed the minimum coverage in car accidents. Your well-being should always be a top priority, even if it means paying more premiums.
Affordable Insurance Coverage
Higher protection auto insurance comes with higher premiums. This is to be expected. However, affordable Connecticut car insurance can still be found that provides the same level of service and coverage as those with higher premiums. This is where the key lies: take advantage of insurance companies’ discounts. Here are some ways to lower your insurance costs.
Tips to Lower Your Insurance Cost
Multi-car insurance policies are a common way for insurance companies to reduce their rates. Multi-car insurance policies are for multiple cars. These policies can be applied for to receive discounts of up to 10 percent. If you choose to change to a regular policy, the premiums could rise.
Multi-purpose policies are another way to reduce the cost of Connecticut car insurance. Many companies offer insurance for cars. However, they also offer policies that cover your life, health, and house. You can make a claim to get lower premiums if you have multiple policies with the same company. It is a perk to be a loyal customer.
If you own a new car, you may be eligible for the higher deductible discount. This can save you a lot of money over the long-term. While the initial cost may be higher, monthly premiums will be lower.
All in All
You need to insure your property and your well-being in Connecticut in case of an accident. You should choose the policy that is most affordable and offers the best protection. You now have a better understanding of Connecticut’s car insurance laws.
