Cheap Auto Insurance for Seniors in Connecticut

Wouldn’t it be great if we knew the single best car insurance company that has the cheapest car insurance rates for seniors? It’s not that easy, however, as there are a lot of unknown aspects such as any prior driving offenses, whether you need higher levels of liability coverage, the crash test ratings of your vehicle, and if you have ever had a gap in coverage, that all impact the cost of your policy. The content below covers the best ways to pay less and will hopefully give the reader a good start in finding the cheapest car insurance.

Finding reliable, cheap car insurance is difficult, and figuring out which company offers the most affordable insurance rates for seniors calls for even more shopping around. Rates will more than likely be a little bit better than the average policy in Connecticut due to the potentially lower risk that goes along with selling insurance for senior citizens. Reasonably-priced coverage should be easily found with minimal effort.
Each auto insurance company has a unique approach for setting rates, so to begin we’ll rank the overall cheapest insurance companies in Connecticut.

Keep in mind that Connecticut insurance rates are impacted by many factors which can substantially decrease or increase the price you pay. Things like getting older, having a teen driver, or getting a reckless driving citation may prompt premium changes that can make some companies affordable when they were higher priced.

Find the Best Cheap Insurance for Mature Drivers

Get a Free Quote and Save

google.charts.setOnLoadCallback(drawCTT5qcibChart);function drawCTT5qcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }], [‘Utica National’, 965, ‘#33CF8F’], [‘Travelers’, 1137, ‘#2AAC77’], [‘Amica’, 1207, ‘#238F63’], [‘USAA’, 1234, ‘#1D7752’], [‘Nationwide’, 1383, ‘#186344’]]);var options = {title: ‘Top Five Low-Priced Auto Insurance Companies in Connecticut’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1483,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibt5cic’));chart.draw(view, options);}

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 most economical Connecticut auto insurance companies.

In this example, if you currently have a policy with Travelers and switched to Utica National, you could earn a yearly savings of about $172. Customers with Amica might save as much as $242 a year, and USAA insureds might lower prices by up to $269 a year.

Be aware that those premiums are averages across all types of drivers and the different vehicles they drive and and are not calculated with a price decrease for seniors. So the car insurance company that fits you best may not even be featured in the above rate chart. That illustrates why you need to compare rates from multiple companies using your own specific driver information and vehicle.

The make and model of vehicle needing coverage is one of the biggest factors when consumers are trying to find the best cheap coverage for seniors. Vehicles with average performance, a great safety record, or a low likelihood of liability claims will cost much less to insure than fast, unsafe models.

The next list estimates car insurance premiums for some of the more afforable vehicles to buy insurance for.

Price data assumes married male driver age 60, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Connecticut minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Premium costs do not factor in garaging location in Connecticut which can decrease or increase price quotes considerably.

Based on these rates, vehicles like the Honda CR-V, Ford Escape, Chevrolet Traverse, and Toyota Prius should be the most affordable vehicles to insure for senior citizens.

The information below demonstrates how choosing different deductibles can affect premium costs when researching cheap insurance for seniors. The premium estimates are based on a married male driver, comprehensive and collision coverage, and no discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3999,3641,3249,2879],[‘Age 30’, 2091,1903,1687,1479],[‘Age 40’, 2003,1831,1633,1445],[‘Age 50’, 1833,1677,1499,1327],[‘Age 60’, 1801,1647,1471,1303],[‘Age 70’, 2067,1901,1713,1535]]);var options = {title: ‘Impact of Higher Deductibles on Insurance Premiums in Connecticut’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},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);}

The data above shows that a 40-year-old driver could cut expenses by $334 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $506 by choosing a $1,000 deductible. Even younger insureds, like the age 20 example, could save up to $1,120 every year by using higher deductibles when buying full coverage. If you do make the decision to raise your deductibles, it is essential to have additional funds in a savings account to allow you to cover the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.

Buying coverage from a high-quality company can be difficult considering how many companies sell coverage in Connecticut. The ranking information listed below could help you decide which auto insurance companies to look at when insurance shopping for seniors. The rankings below include insurance companies that insure vehicles in the majority of U.S. states, so companies that may only write in Connecticut are not taken into consideration for this list.

Top 10 Major Auto Insurance Companies in Connecticut Ranked by A.M. Best Rating

1. GEICO – A++
2. Travelers – A++
3. State Farm – A++
4. USAA – A++
5. Allstate – A+
6. Nationwide – A+
7. Esurance – A+
8. Progressive – A+
9. The Hartford – A+
10. The General – A-

Top 10 Major Auto Insurance Companies in Connecticut Ranked by Customer Service

1. The Hartford
2. American Family
3. Progressive
4. GEICO
5. USAA
6. State Farm
7. Travelers
8. Farmers Insurance
9. Allstate
10. Safeco Insurance

Allstate, Progressive, State Farm, or Geico: Who is best?

If you want the best car insurance for senior citizens in Connecticut, four of the best places to start are Allstate, Progressive, State Farm, and Geico. The table below ranks price and claims rank as well as some different options offered by each company.