Cheapest Car Insurance Quotes for Veterans in Connecticut

The vehicle model on the policy is a large factor when trying to find the cheapest auto insurance for veterans in Connecticut. Vehicles with more horsepower, poor safety features, or high incidents of liability claims will cost much more to insure than safer, lower-performance models. The next tables shows coverage costs for the cheaper automobiles to insure in Connecticut.

Prices above based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Connecticut minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Premium costs do not factor in garaging location in Connecticut which can increase or decrease price quotes substantially.

Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Connecticut minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Price estimates do not factor in specific garaging location which can revise rates significantly.

Data rating is based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Connecticut minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Price information does not factor in your specific Connecticut location which can alter premium rates substantially.

Determining which companies quote the most affordable auto insurance rates for veterans may require more work in order to find the lowest price quote.

Each insurer used slightly different criteria for establishing rates, so let’s take a look at the auto insurance companies that tend to be cheaper in Connecticut.

Best Car Insurance Prices for Vets

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Utica National has some of the cheapest car insurance rates in Connecticut at around $965 annually. Travelers, Amica, USAA, and Nationwide also qualify as some of the cheapest Connecticut auto insurance companies.

In the above rates, if you are a customer of Nationwide and switched to Travelers, you may see yearly savings of around $302. Customers with State Farm might save as much as $422 a year, and Unitrin customers might reduce rates by $427 a year.

To discover how much you can save, click here or click through to the companies below.

Be aware that those premiums are averaged across all types of drivers and the different vehicles they drive and and are not figured with a rate discount for veterans. So the auto insurance company that fits you best may not even be included in the list of companies shown earlier. That is why you need to quote rates from many companies using your own driver information and specific vehicle type.

One of the key factors that influence rate quotes is the neighborhood you call home in Connecticut. Areas with more people like Hartford, Bridgeport, and West Haven tend to pay more, whereas areas with less traffic congestion and claims have the luxury of the cheapest auto insurance for veterans in Connecticut.

The information below displays the priciest cities in Connecticut for veterans to buy car insurance in.

Premium amounts are comparative as the garaging address in Connecticut can modify prices greatly.

How much more does full coverage cost?

Finding the cheapest auto insurance for veterans in Connecticut is probably important to most vehicle owners, and one of the fastest ways to lower the cost of insurance is to not insure for full coverage. The example below shows the comparison of premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rates are based on a clean driving record, no claims, $1,000 deductibles, marital status is single, and no discounts are factored in.

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As an average for all age groups, physical damage coverage costs an additional $1,931 per year over and above liability only. That proposes the question if buying full coverage is a good investment. There is no exact rule for phasing out comp and collision coverage, but there is a general guideline you can use. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.

There are some conditions where only buying liability is not recommended. If you haven’t satisfied your loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

The information below illustrates how your deductible choice can influence yearly insurance costs when quoting cheap insurance for veterans. The premium estimates are based on a single male driver, comprehensive and collision coverage, and no policy discounts are applied.

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In the chart above, a 40-year-old driver could pocket $284 a year by increasing from a $100 deductible up to a $500 deductible, or save $428 by using a $1,000 deductible. Younger drivers, like the 20-year-old example, could shave $930 each year by selecting a higher deductible. When insureds make the decision to increase the deductibles on their policy, it will be important to have enough spare savings to enable you to cover the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.

Who has the cheapest insurance quotes for veterans?

There are many ways to comparison shop for auto insurance in Connecticut, but the most common are through an exclusive insurance agency like Auto-Owners or State Farm, an independent or non-exclusive agent, or buying direct from a company like Progressive or Geico. You can use whichever method you prefer, but auto insurance shoppers should know the differences in how they function.

Independent insurance agents write for multiple companies and can do rate comparisons with every one. They do not sell for just one brand and can compare multiple rates, which can give you a better chance of saving money. If your agent finds better pricing, they simply move the coverage in-house without having to get a different agent.

Exclusive agencies are only able to write with a single company like an Auto-Owners or Allstate agent. Exclusive agents are unable to compare rates from other companies, so you need to shop around if the rates are high.

Consumers who buy auto insurance direct bypass an agent and buy direct from companies such as Geico or Progressive. Buying direct is a good choice for consumers who do not need high levels of coverage and understand how auto insurance works and possible exclusions.

So which method is best for finding the cheapest auto insurance for veterans in Connecticut? We would first guess that buying from a direct company saves money because there is no agent involved, but unfortunately, that is not always true. A good argument could also be made that buying auto insurance from an independent agent results in the cheapest rates since they have access to many companies, but that is not necessarily true either. And sometimes, the exclusive agents have price quotes well below independent agents AND direct companies.

Since auto insurance companies use so many rating factors, the one way to ensure you are not overpaying is to do a thorough rate comparison. Industry experts recommend getting rate quotes from independent agents, exclusive agents, and direct companies in order to have the best selection to choose from. We compiled a list of companies with some of the cheapest online rates that you can click here to view.

Ideas for buying economical auto insurance for veterans

It is possible to find better rates, and here are some of the recommended penny-pinching suggestions that can help Connecticut drivers buy cheap auto insurance.

• Vehicles with safetly features generally cost less to insure
• Avoid preventable accidents
• Be a safe driver
• Pay less by remaining claim-free
• Buy your homeowners policy from the same company as your auto insurance
• Compare price quotes at least once a year

The last tip is certainly crucial, as was affirmed in this piece. Coverage rates in Connecticut adjust often, so don’t be hesitant to switch to a new company if a more affordable price is available. Staying with the same car insurance company is fine, but it isn’t a good idea if that stubbornness costs you money that could be spent on other things. It only takes a couple minutes to compare prices to find cheaper auto insurance for veterans.