Connecticut Car Insurance Quote
The minimally required car insurance coverage regulations are mandated by the state in which the policies are issued. In the state of Connecticut, motorists are required to obtain Bodily Injury Liability coverage of $20,000 per injured person up to a total of $40,000 per accident. Property Damage Liability coverage is also required, with the minimum amount of coverage being $10,000. This type of car insurance coverage is often referred to as 20/40/10 coverage. In addition, UnInsured/UnderInsured car motorist coverage of $20,000 per person, up to $40,000 per accident for any bodily injury caused by an uninsured driver is also required. This coverage helps to protect the driver and their passengers from damages caused by an uninsured or underinsured driver.
In the state of Connecticut, UnInsured/UnderInsured auto insurance coverage is very important, not only to ensure compliance with state regulations, but because the state of Connecticut follows the Tort system. The Tort system requires that the person found to be the cause of the accident, or at fault', and their insurance company, be held responsible for all damages associated with the accident. If you are involved in a car accident and the other driver is found to be at fault yet is uninsured or underinsured, UnInsured/UnderInsured car insurance coverage will serve to protect you and your passengers from incurring excessive medical bills associated with the injuries resulting from the accident. Personal Injury Protection coverage, often referred to as PIP, is not required by the state of Connecticut, but most car insurance companies offer PIP coverage which provides additional coverage of reasonable and necessary medical expenses for the driver and their passengers and helps to make certain you and your passengers receive the funding necessary to obtain appropriate medical treatment if you become involved in a car accident with an uninsured or underinsured driver, or if you are found to be at fault in the accident.
In 1999, motorists who resided in Connecticut were paying an average of approximately $952 for their car insurance. Between 1999 and 2003, car insurance rates in Connecticut increased almost 14.29%! However, insurance rates are predicted to decrease in 2007, with the possibility of a .5% to 1% decrease from 2006 rates. This will be the first time car insurance rates have decreased in Connecticut since 1999. This decrease in car insurance rates is, in part, due to the ability of the car insurance consumer population to utilize the assistance and guidance provided by the advanced technological tools and educational resources offered by Quotecarinsurance.com to obtain free car insurance quotes and secure the best car insurance policy at the lowest rate. As the car insurance companies compete to win the business of the educated consumer, car insurance rates are expected to decrease.
The national average for car insurance premiums in 2003 was $914, yet insured drivers in the state of Connecticut paid an average of $1088 in insurance premiums in 2003. Although the minimally required car insurance coverage is mandated by the state, the premium charges for this coverage, applicable discounts and additional coverage options is determined by individual insurance companies. Quotecarinsurance.com has helped the residents of Connecticut save money on their car insurance by providing a convenient way to compare the car insurance rates charged for similar or identical car insurance coverage by various leading car insurance companies and continues to strive to serve the best interests of drivers in Connecticut and throughout the country.