Best Cheap Car Insurance After a Speeding Ticket in Connecticut

Wouldn’t this article be short if we could tell you instantly the single company that has the best rates after a speeding ticket? That is not the case, however, as there are a whole slew of unknown aspects such as your credit rating, whether or not you own a home, the miles you drive each year, and the likelihood of vehicle theft where you live, that all help calculate your car insurance rates. Car insurance is kind of a dry topic, but this article will explain the causes of high insurance rates and will hopefully give you a good beginning to your quest for cheaper car insurance.

When shopping for the cheapest car insurance after a few driving violations, one of the many criteria that is looked at to help calculate the cost of insurance is where you normally keep your vehicle in Connecticut. Densely populated urban areas like Hartford, New Haven, and East Haven tend to pay slightly more, whereas areas with lower crime rates and fewer weather claims profit from lower rates.

The table below displays the most expensive cities in Connecticut after a speeding ticket in which to purchase auto insurance.

Annual rates are approximated as the specific Connecticut residence address can raise or lower prices noticeably.

Finding out which company quotes the lowest-priced car insurance rates after a speeding ticket will take more work than just quoting one company’s rates. Each insurance company uses different criteria for setting rates, so let’s examine the car insurance companies that tend to be cheaper in Connecticut.

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Utica National may have some of the best car insurance rates in Connecticut at around $1,005 a year. Travelers, Amica, USAA, and Nationwide would also be considered some of the lowest-priced Connecticut car insurance companies.

As shown in the table above, if you currently buy coverage from Nationwide and switched to Travelers, you could see an annual premium reduction of around $212. Policyholders with State Farm may save as much as $388 a year, and Unitrin insureds might lower prices by $409 a year.

To get a quick, customized rate comparison, click here to begin a quote or quote rates from the companies below.

Be aware that those estimates are averaged across all types of insureds and vehicles and do not factor in a rate discount after a speeding ticket. So the insurer that has the lowest price for you may not even be shown in the company chart above. That points out the importance of why you need to get quotes using your own personalized driver profile and vehicle information.

Do you need full coverage?

Finding the best cheap auto insurance after a speeding ticket in Connecticut is probably important to most drivers, and an effective way to reduce the cost of insurance is to only buy liability coverage. The diagram below shows the comparison of premium costs with full physical damage coverage compared to only buying liability only. The prices are based on a clean driving record, no claims, $250 deductibles, drivers are not married, and no discounts are factored in.

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If the expense is averaged for all age categories, physical damage coverage costs $2,003 per year over and above liability coverage. That is a large expense which might make you wonder if full coverage is worth the money. There is no specific rule to eliminate physical damage insurance, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is more than around 10% of the settlement you would receive from your company, then you may need to consider dropping full coverage.

There are a few cases where dropping full coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not remove full coverage.

The information below illustrates how your choice of deductibles can increase or decrease insurance costs when searching for cheap insurance after a speeding ticket. The price estimates are based on a single female driver, full physical damage coverage, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 2759,2539,2293,2065],[‘Age 30’, 1917,1755,1571,1391],[‘Age 40’, 1777,1629,1465,1305],[‘Age 50’, 1555,1425,1279,1139],[‘Age 60’, 1499,1377,1237,1103],[‘Age 70’, 1743,1603,1449,1301]]);var options = {title: ‘Impact of Deductibles on Car Insurance Prices in Connecticut’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

A 50-year-old driver could lower their car insurance rates by $276 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $416 by switching to a $1,000 deductible. Even younger drivers, like the 20-year-old example, could drop their prices as much as $694 or even more just by choosing higher deductibles when buying full coverage. When increasing deductibles, it is a good idea to have emergency funds available to allow you to cover the extra out-of-pocket expense that deters many people from opting for higher deductibles.

How to find the best cheap auto insurance after a speeding ticket in Connecticut

It is possible to find better rates, and here are many money-saving solutions that can help Connecticut drivers quote more affordable car insurance.

• Pay less by remaining claim-free
• Increase your credit rating
• Do not get traffic citations
• Drive a car with a high safety rating
• At-fault accidents will increase rates
• Compare price quotes at least once a year

The last suggestion is remarkably crucial, as we discussed in the article above. Prices charged by companies in Connecticut can change considerably in a year, so don’t be afraid to buy a policy from a new company if a more affordable price is available.

Having a favorite company is great, but we do not recommend it if that stubbornness costs you lots of hard earned cash every month. Now is a great time to compare prices to find cheaper insurance after a speeding ticket.

Who has the cheapest insurance quotes after a few driving violations?

Thanks to technology, drivers have a lot of ways to shop around for car insurance in Connecticut, but the most prevalent ways are through an exclusive insurance agency like Allstate or Liberty Mutual, an independent or non-exclusive agent, or from a direct company like Progressive or Geico. They all have the same basic principle, but it’s important to point out the distinctions in how they price policies.

Independent insurance agents write business for many companies and can compare rates with each one. These agents are usually affiliated with several companies and can give you more rates, which can give you the best idea of how your rates compare. If cheaper coverage is found, your policy can be easily switched to a different company without having to get a different agent.

Exclusive agencies are only able to give prices for just one company, two examples being Allstate or State Farm agents. Exclusive agents generally are unable to place coverage with different providers, so smart shoppers will want to get additional comparison quotes.

Buying from a direct company means forego an independent or exclusive agent and instead shop direct online or over the phone from a company like Esurance or Progressive. Shopping direct may be the best choice people who do not have a need for a risk management assessment and have a good understanding of what car insurance covers.

So comparing independent agents, exclusive agents, and direct, which one works best to buy the best cheap auto insurance after a speeding ticket in Connecticut? Most people assume that buying direct results in the best prices since it doesn’t require paying agent commissions, but unfortunately, it’s not that cut and dried. An argument could also be made that using an independent agent guarantees the cheapest rates because they can quote many companies, but again, it’s not necessarily true. In some circumstances, exclusive agents have very competitive rates that other companies cannot beat.

Since car insurance prices vary so much, the best method to ensure you are not overpaying for car insurance is to compare, compare, and compare some more. To find the best rates, be sure to get prices from all three types to give yourself the best selection. For a list of companies with online discounts, click here to view.