How Much is Auto Insurance with Multiple Speeding Tickets in Connecticut?

Cost and performance of the vehicle you are seeking coverage for is one of the primary factors when quoting the most affordable car insurance with multiple speeding tickets. Vehicles with higher performance characteristics, poor safety ratings, or an increased likelihood of liability claims will cost more to insure than safer models. The lists below illustrates auto insurance costs for a handful of the cheaper vehicles to buy insurance for.

Cost estimates assume married male driver age 30, two speeding tickets, no at-fault accidents, $500 deductibles, and Connecticut minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, and homeowner. Estimates do not factor in your specific Connecticut location which can impact coverage prices substantially.

Data based on married male driver age 30, two speeding tickets, no at-fault accidents, $500 deductibles, and Connecticut minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, and multi-vehicle. Table data does not factor in specific garaging location which can impact rates considerably.

Data assumes married male driver age 30, two speeding tickets, no at-fault accidents, $500 deductibles, and Connecticut minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, and homeowner. Price information does not factor in vehicle location which can affect premium rates significantly.

One of the key components that determine the price you pay for insurance is where you call home in Connecticut. More densely populated places like Hartford, New Haven, and West Haven tend to pay higher rates, whereas areas with fewer weather claims and lower vehicle theft rates benefit from lower rates.

The illustration below ranks the highest-priced places in Connecticut with multiple speeding tickets in which to purchase auto insurance.

Information shown are comparative as the specific Connecticut residence address can lower or raise premiums considerably.

Determining which companies have the cheapest insurance rates with multiple speeding tickets will require more work than just quoting one company’s rates. Every insurance company has a unique formula to set policy rates, so let’s take a look at the insurance companies with the overall cheapest rates in Connecticut.

It’s important that you understand Connecticut insurance rates are calculated based on many things that will increase or decrease the price of coverage. Turning one year older, getting married, or getting a DUI may cause policy rate changes that can make some companies cheaper than competitors.

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Utica National normally has some of the lowest car insurance rates in Connecticut at around $995 per year. Travelers, Amica, USAA, and Nationwide also rank well as some of the best Connecticut insurance companies.

As the rates illustrate above, if you have coverage with USAA and switched to Utica National, you might achieve an annual premium reduction of in the vicinity of $276. Policyholders with Nationwide could save as much as $430 a year, and Unitrin policyholders might reduce prices by as much as $539 a year.

To get a fast rate comparison, click here or visit any of the low-priced companies below.

Remember that these rates are averaged across all types of drivers and the different vehicles they drive and do not take into consideration a rate discount with multiple speeding tickets. So the insurer that fits your age and vehicle best may not even be in the chart above. That is why you need to quote rates from many companies using your own specific driver and vehicle information.

Rate comparison of full coverage and liability-only

Finding cheap auto insurance with multiple speeding tickets in Connecticut is probably important to most vehicle owners, and one of the fastest ways to pay less for insurance is to not buy comprehensive and collision coverage. The diagram below visualizes the comparison of premium costs with full coverage compared to only the Connecticut minimum liability coverage. The premium estimates are based on no accidents, no driving violations, $100 deductibles, marital status is single, and no other discounts are factored in.

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If we average all the age groups together, comprehensive and collision coverage on your policy costs $2,648 per year more than buying just liability insurance. Lot’s of drivers question if it’s worth it to buy full coverage. There is no set guideline of when to exclude physical damage insurance, but there is a general convention. If the annual cost of your full coverage insurance is more than 10% of any settlement you would receive from your insurance company, then it could be time to drop full coverage.

For example, let’s assume your vehicle’s replacement cost is $7,500 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would receive is $6,500 after paying your policy deductible. If you are currently paying more than $650 annually to have full coverage, then you may need to consider dropping full coverage.

There are some situations where eliminating full coverage is not in your best interest. If you haven’t satisfied your loan, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.

Get discount Connecticut insurance rates

Car insurance companies that offer cheap auto insurance with multiple speeding tickets in Connecticut may also offer policy discounts that can lower rates by as much as 40% or more if you meet the requirements. Companies and their offered discounts are:

• State Farm offers premium reductions for multiple autos, good driver, defensive driving training, accident-free, and student away at school.
• GEICO may include discounts for anti-theft, anti-lock brakes, daytime running lights, air bags, defensive driver, emergency military deployment, and five-year accident-free.
• Liberty Mutual policyholders can earn discounts including exclusive group savings, good student, hybrid vehicle, newly retired, and new vehicle discount.
• The Hartford has savings for vehicle fuel type, defensive driver, bundle, air bag, and good student.
• MetLife includes discounts for defensive driver, good driver, multi-policy, claim-free, and good student.
• Progressive has discounts for online quote discount, multi-policy, good student, online signing, multi-vehicle, and continuous coverage.

The illustration below compares insurance rates with and without discounts being applied to the rates. The costs are based on a male driver, no accidents and three traffic tickets, Connecticut state minimum liability limits, comp and collision included, and $500 deductibles.

The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with multiple vehicle, paperless filing, multiple policy, homeowner, passive restraint, and anti-theft discounts applied. When drivers qualify for the discounts, the the average yearly reduction on insurance with multiple speeding tickets is 28% or $924.

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