Connecticut is home to more than 2.6 million licensed drivers, for which car insurance is a legal requirement to legally operate a vehicle in the state. In New Haven, the average annual cost of car insurance is $2,324 for full coverage and $1,088 for minimum coverage.
To find the best cheap car insurance in New Haven, Bankrate evaluated some of the largest providers by market share on the basis of factors like price, coverage options and discounts. We also looked into each company’s financial strength rating from AM Best, as well as their J.D. Power scores for overall customer satisfaction. Depending on your priorities, this comparison may be helpful in your car insurance shopping experience.
Best car insurance companies in New Haven
Among Bankrate’s review of the best car insurance companies in Connecticut, our evaluation determined that the best cheap car insurance companies include Amica, State Farm, Geico and Progressive. We chose these companies because they offer affordable coverage, generous discounts and strong third-party ratings. Rates in this review reflect 2021 quoted annual premiums from Quadrant Information Services.
|Insurance company||J.D. Power score||Average annual premium for minimum coverage||Average annual premium for full coverage|
Amica is one of the highest rated insurance companies in New Haven. In J.D. Power’s 2021 U.S. Auto Insurance Study, Amica ranked as the top insurer for overall customer satisfaction in the New England region out of 12 popular providers.
Amica is a well-respected insurance company all around, with low rates, great discounts and comprehensive coverage.
State Farm was the second runner up in J.D. Power’s most recent auto insurance study. The company insures more drivers than any other company, and it also offers numerous car insurance discounts for drivers of all ages and life circumstances. However, the coverage options are fairly limited compared to other companies we reviewed.
For cheaper rates, New Haven’s safety-conscious drivers can enroll in one of State Farm’s safe driver reward programs, Steer Clear for drivers under 25 and Drive Safe & Save for drivers over 25. State Farm also offers a variety of traditional auto insurance discounts, which provide even more opportunities to secure savings.
If you are looking for the cheapest car insurance, Geico is a popular company to consider. Based on our quoted annual premiums, Geico offers some of the lowest rates in New Haven. Plus, you can save even more money by taking advantage of Geico’s discounts, which include those for military personnel, federal employees, going on emergency deployment, good students, taking a defensive driving course and having a safe vehicle. A possible downside for drivers who prefer more robust coverage, Geico offers limited add-on coverage options.
In New Haven, Progressive’s car insurance rates are more expensive than average, compared to other companies in the area. However, the company offers more than a dozen discounts, and most drivers will likely be able to qualify for several in order to get a lower rate.
Progressive has discounts for policyholders with continuous insurance, bundling policies, being a homeowner, being a smart student (based on a minimum GPA) and even enrolling in paperless statements. Plus, Progressive has a few endorsements you can add to customize your financial protection.
Cheapest car insurance in New Haven
The average cost of car insurance in New Haven is significantly more expensive than the average rate in Connecticut, and the national average. The annual average in Connecticut is $1,845 a year for full coverage and nationally, the average rate is $1,674 for full coverage insurance. In comparison, New Haven’s average annual rate is $2,324 a year for full coverage.
However, every driver pays a different rate for car insurance based on their history and unique life circumstances. Premiums are personalized based on factors like age and credit score, among other things. For the purposes of comparison, we provided the cheapest car insurance rates in New Haven from the most popular carriers based on market share:
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
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.
For instance, USAA has very low rates, but the company only sells insurance to military personnel and their family members. Geico also offers cheap policies, but endorsements to choose from are limited in comparison to other companies. If you want a provider with great customer service, Amica or State Farm will probably be the best options on our list, despite the fact that their rates are slightly higher, on average. Because of these factors, the best cheap company will differ by each driver.
New Haven insurance requirements
In New Haven, drivers are required to carry a minimum amount of car insurance in order to legally drive. The minimum coverage limits are abbreviated as 25/50/25, for personal liability. Uninsured/underinsured motorist (UM/UIM) coverage is also required:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $25,000 property damage liability per accident
- $25,000 uninsured motorist bodily injury per person
- $50,000 uninsured motorist bodily injury per accident
- $25,000 underinsured motorist bodily injury per person
- $50,000 underinsured motorist bodily injury per accident
A minimum coverage policy is sufficient in order to meet the state’s car insurance laws. However, opting for the cheapest amount of insurance may not be possible if your vehicle is financed, as lenders typically require comprehensive and collision coverages to protect their financial investment.
Additionally, there’s no guarantee that a minimum coverage policy will provide enough protection in the event of an at-fault accident. Having higher coverage limits or expanding coverage to your own vehicle is typically recommended by experts. Speak with a licensed agent to determine what coverage level might be best for your situation.
Car insurance discounts in New Haven
If you want to lower insurance costs on full or minimum coverage policies, look for insurers that offer discounts for which you may qualify. Most providers offer savings opportunities, but the specific discounts vary between providers. Here are some of the common discounts you can find in New Haven:
- New car discount: Some insurance providers offer a discount if you insure a car that is two model years old or newer.
- Pay in full discount: Drivers who pay their annual premium in full can often qualify for a slightly lower rate.
- Claim-free discount: If you have no recent insurance claims or accidents on your record, ask your insurance company if it offers a claim-free discount.
- Vehicle safety features discount: If your vehicle is equipped with safety features, like anti-lock brakes, airbags or an anti-theft device, you might be able to save money just for these features.
When it comes to car insurance discounts, one thing to keep in mind is that the actual savings will depend on the specific discount. For example, a claim-free discount may have a greater savings potential than a pay in full discount, and a bundling discount will save on your auto and home policies. In addition, certain insurance companies offer bigger savings than others for the same type of discount.
Frequently asked questions
What is the best car insurance company?
The best car insurance company depends on every driver’s unique insurance needs. To find the best provider for you, shop around and compare providers using your personal criteria. Then, get quotes from a few companies to see which insurer can offer the lowest rate for the type and amount of coverage you need.
How much does car insurance in New Haven cost?
The average driver in New Haven pays $1,088 for minimum coverage insurance and $2,324 for full coverage insurance annually. However, car insurance rates are personalized. You might pay more or less than the citywide average rate based on factors like your age, claim history, driving record, deductible and the type of car you drive.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.