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Connecticut is ranked the ninth-most expensive state for car insurance, according to the Insurance Information Institute, with the average driver spending about $1,168.33 per year on premiums. 

Connecticut drivers have a big opportunity to save if they’re willing to shop around. Auto insurance costs can vary widely from person to person, and there are many factors that go into them.

Things like your age, gender, and your credit score can all influence your premium, or the amount you’ll pay for coverage. Each company uses a different formula to consider these factors into your price, so you’ll want to get a few different quotes to see which company offers you the best price. 

That said, some companies offer excellent rates in Connecticut. Here are a few to help you start your search. 

The following are the most popular car insurance companies in Connecticut, based on the percentage of insured Connecticut drivers who use them:

Company Market share (%)
GEICO 18.44
Progressive 11.27
Allstate 9.72
Liberty Mutual 8.41
State Farm 7.1
Travelers 5.71
USAA* 4.77
MetLife 3.74
Amica 3.61
Nationwide 3.3
The Hartford 3.08
CSAA Insurance 2.28
The Hanover Insurance Group 1.92
Farmers 1.85
National General 1.85
American Family 1.67
Chubb 1.62
Plymouth Rock 0.96
Kemper 0.84
Utica National Insurance 0.7
Arbella Insurance 0.7

*USAA is only for active military, veterans, and their families.

Data from S&P Global Intelligence

Customer satisfaction with car insurance providers may factor into your decision. According to J.D. Power, a consumer research company that surveys customers, these are the top car insurance companies in the

ERIE, Pa., Oct. 12, 2020 /PRNewswire/ — Whether shopping for electronics, furniture or a new car, we all love getting the most bang for our buck – and insurance companies know drivers are looking for bargains when it comes to their car insurance. That’s why many insurers advertise low monthly rates to convince customers they’re getting a great deal. But in the event of an accident, that super-cheap auto insurance might leave you stuck paying out of pocket for car repairs or medical bills.

Cheap auto policies can often fall short, but there are ways to save on your premium without compromising your coverage.

Erie Insurance helps sort it out with a four ways cheap auto policies often fall short, and nine ways to save on your premium without compromising your coverage.  

What are the downsides?

  • You could pay more out of pocket later. When you’re found at-fault for an accident, you’re on the hook to pay for anything your insurance policy doesn’t cover. The cost of repairs, medical bills or legal fees from a multi-car pileup can get expensive. Even something simple like a fender bender can cost thousands of dollars in parts alone.
  • You take on more risk. If you run out of cash to pay what you’re responsible for, that could put your savings, investments or assets like your home or car at risk.
  • You get fewer perks. You typically pay a little extra in premium for features like rental car expense coverage, emergency roadside service coverage or a diminishing deductible. But you’ll be happy to have those little extras there when you need them.
  • It’s less personalized. A good insurance agent can help tailor your policy with endorsements and other optional add-ons to be just the right fit for your life. For example, customized coverage can come in handy when you drive occasionally for Uber or Lyft.
  • Ways to save with ERIE:

    Mortgage adviser: Liz Bayer, ProMortgage.

    Property type: Single-family home in Berkeley.

    Appraised value: $1.215 million.

    Loan amount: $449,000.

    Loan type: 30-year fixed.

    Rate: 2.625%.

    APR: 2.841%.

    Backstory: I have a number of clients taking advantage of historically low rates and historically high home equity to get a cash out refinance. Past clients of mine had decided that they plan to live out their days in their home but wanted to tap into their equity to make home improvements to provide features that will benefit them as they age.

    What was great is that even though they had a good rate from a previous transaction, it made all the sense in the world for them to refinance rather their mortgage taking out more than $100,000 with a new rate — which was lower than the one they had, even though this was a cashout refinance.

    Although they did have a lot of equity in their home, conventional lending did not allow for an appraisal waiver as guidelines do not allow for a waiver if the transaction is cash out. In spite of this, we were able to get their loan done in 23 days. This is a perfect time to tap into home equity for long term needs.

    Liz Bayer, ProMortgage, 415-383-3111, [email protected]

    Source Article

    When many people think of finances they mechanically think about cash. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s rating indicates the perceived stage of public sector corruption on a scale of zero – one hundred, where 0 signifies that a country is perceived as extremely corrupt and one hundred means it is perceived as very clear.

    Nigeria, which is one other nation positioned in African continent has the life expectancy of 50.9 years (2009 report) and could be traced to the poverty stage in the country. I really like ravens no matter any symbolism or lore. The nation took number 139 on the table of the 184 surveyed countries on that yr which makes it the 45th poorest country on the earth.

    However, in case you have a giant company it’s advisable to rent knowledgeable accountant especially if you don’t have the time and the talent for it. You will need to understand that there are numerous methods in keeping numerous kinds of accounts in a enterprise.

    A country which is poor usually has low economic activities that go on in it. Financial recession is observed in Africa because the cash which is to be used in promoting the financial system of the continent is shifted by our leaders to other countries which add to their own economy.

    Good or unhealthy omen I do not know, but I do love to see Ravens. First the concept titheing goes to bring a blessing is sort of like blackmailing their god into giving them a monetary blessing as a result of they’re sending her or him money. I love ravens and different black birds.…