Discounts are available about 32.6% of the time to Connecticut residents, one of the most out of any state in the US!
Car insurance can be expensive, especially if you live in Connecticut. Did you know that Connecticut has the 12th most expensive auto insurance in the nation? The average Connecticut resident spends $1694 per year on car insurance, which is almost $800 more than the average American. However, there are unique and effective ways in which you can save the money that you spend on your auto insurance.
One substantial way you can save more money on car insurance is through discounts. There are 3 primary types of insurance discounts: driver, vehicle and policy discounts.
Driver discounts are based on driving history, student status, professional organizations, age, and how and when drivers use their cars. Some examples of driver discounts are based on academic success, auto clubs, and low-risk occupations.
Vehicle discounts are the insurance companies way of rewarding you for having features that reduce their risk by offering you a break in your premium. These features can include hybrid vehicles, safety equipment, and anti-theft protection devices.
Policy discounts include multiple vehicles, pull payment and bundling. These factors typically make the writing process easier, giving insurance companies more incentive to offer you a discount. So be sure to ask your agent about these types to help you save more on car insurance in Connecticut.
Now that you know the 3 primary types of insurance, let’s get into which discounts could save you the most on your policy.
1. Education (Up to 16% discount)
If you are pursuing a college degree or higher, you are eligible for some benefit on your car insurance premiums. To be eligible for this discount, most insurance companies require you maintain a 2.8+ GPA.
2. Annual Mileage (Up to 12.5% discount)
Most companies offer discounts to car owners who drive only small distance every day, and the yearly total is below 13,500 miles.
3. Homeowners Bundle (Up to 12% discount)
4. Use of Car (Up to 10% discount)
Though uncommon in Connecticut, if you use your primarily vehicle for farming or agricultural reason, as opposed to business or pleasure you may be eligible for a substantial discount. This counts for some who drives his or her truck around the farm and not on main roads.
5. Paying Bill Upfront (Up to 9% discount)
6. Early Renewal (Up to 8% discount)
7. Taking a Driver Course (Up to 7% discount)
8. Customer Loyalty (Up to 7% discount)