Waterford, CT Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Waterford, CT, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
What is the Average Cost of Car Insurance in Waterford, CT?
The average cost of car insurance in Waterford, CT, is $1,578. This is lower than the average cost of insurance in nearby locations like Niantic and East Lyme but slightly higher than other locations like Long Hill, Groton, and New London. The average cost of auto insurance depends on numerous factors ranging from the vehicle’s make and model to the driver’s age. Below is an analysis by Zimlon on factors that influence the average cost of car insurance in Waterford, CT.
Neighborhood:
The neighborhood one lives in Waterford, CT, can influence the cost of auto insurance. Zimlon offers the option of keying in one’s zip code to get accurate auto insurance quotes from multiple auto insurance companies. The average auto insurance cost can vary depending on several factors like the vehicle’s make and model and the rate of auto thefts in the neighborhood. Below is an analysis by Zimlon showing the average cost of car insurance for different locations in Connecticut.
Deductibles:
This is one of the most common factors influencing the cost of auto insurance in Waterford, CT. A low deductible ($500) usually increases auto insurance value, whereas a high deductible ($1,000) lowers it. For example, the average cost of auto insurance in Waterford, CT, on a deductible of $500 is $980, and it decreases to $827 when the deductible is $1,000.
Credit Score:
Having an “excellent” or “good” credit score will also influence the cost of car insurance in Waterford, CT. Several auto insurance companies provide discounts to car owners that have a higher positive credit score.
Zimlon’s analysis found that the average auto insurance cost for a car owner with an ‘exceptional’ credit score of 800-850 is $1,354 in Waterford, CT. Car owners with an ‘excellent’ credit score of 740-799 can also get car insurance at an average cost of $1,545. On the other hand, a lower credit score between 580-669 or 300-579 can influence the average cost of car insurance to increase more than $2000 in Waterford, CT.
Age of the Driver:
According to Zimlon’s analysis, teenagers in Waterford, CT, pays a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
In Waterford, CT, the average cost of car insurance for teenagers is $5,120, and for a 20-year-old driver, the average cost of car insurance is $2,028. Whereas drivers between the age of 30 to 60 have to pay less than $1600 in Waterford, CT. Many auto insurance companies in Connecticut offers Good Student discount for B+ average score. Young car drivers in Waterford, CT, can use such discounts to reduce their average cost of car insurance.
Factors that can influence the cost of car insurance in Waterford, CT are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Waterford, CT Auto Insurance Rates
- Waterford, CT Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Waterford, CT
- Multi Vehicle Insurance Savings in Waterford, CT
- How Credit Score Affects Car Insurance Rates in Waterford, CT
- How DUI Affects Auto Insurance Premiums in Waterford, CT
- Top Auto Insurance Agents Near Waterford, CT
- How Driving Violations Affect Auto Insurance Rates in Waterford, CT
- Waterford, CT Auto Insurance Discounts on Anti Theft Feature
Waterford, CT Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Waterford, CT with that of other cities in and around Waterford.
| Waterford | Long Hill | Groton | Niantic | East Lyme | New London | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,578 | $1,508 | $1,283 | $1,595 | $1,606 | $1,533 |
Waterford, CT Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Waterford, CT based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Waterford | $980 | $827 |
| New London | $2,914 | $2,461 |
| Niantic | $1,885 | $1,592 |
| East Lyme | $998 | $843 |
| Long Hill | $1,617 | $1,366 |
| Conning Towers Nautilus Park | $1,364 | $1,152 |
| Gales Ferry | $1,713 | $1,447 |
| Groton | $1,199 | $1,013 |
Waterford, CT Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Waterford, CT usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $5,120 |
| 20 Years | $2,028 |
| 30 Years | $1,562 |
| 40 Years | $1,503 |
| 50 Years | $1,391 |
| 60 Years | $1,411 |
| 70 Years | $1,642 |
Waterford, CT Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Waterford, CT can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $2,746 | $410 |
| 3 Vehicles | $4,119 | $615 |
| 4 Vehicles | $5,491 | $821 |
Savings on 2 Vehicles bundle:$410
Savings on 3 Vehicles bundle:$615
Savings on 4 Vehicles bundle:$821
Waterford, CT Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Waterford, CT.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Waterford | $1,578 | $2,971 |
| New London | $1,533 | $2,887 |
| Niantic | $1,595 | $3,003 |
| East Lyme | $1,606 | $3,024 |
| Long Hill | $1,508 | $2,839 |
| Conning Towers Nautilus Park | $1,560 | $2,937 |
| Gales Ferry | $1,574 | $2,964 |
| Groton | $1,283 | $2,416 |
Waterford, CT Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,354 |
| Excellent (740-799) | $1,545 |
| Good (670-739) | $1,644 |
| Average (580-669) | $2,145 |
| Poor (300-579) | $2,574 |
Waterford, CT Auto Insurance Agents | Back to Top
Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.
| Agent Name | Company | Agent Address | Contact Details |
|---|---|---|---|
| The Reardon Agency Inc. | Liberty Mutual Independent | 26 Clark Lane , Waterford, 6385 | (860)266-2956 |
| Bailey Agencies Inc | Travelers | 15 Thames Street Suite 100, Groton, 6340 | (860)266-2721 |
| Paulette Thibodeau-Baker | Allstate | 766 Broad Street Ext, Waterford, 6385 | (860) 439-0885 |
| Robert Johnson | Liberty Mutual | 95 Glastonbury Blvd. Ste 204, Glastonbury, 6033 | 1-860-659-4111 |
| Hughes Agency | Travelers | 60 WATERBURY RD STE 2, PROSPECT, 6712 | 203-758-6647 |
| Birarelli Agency Llc | Liberty Mutual Independent | 55 CHERRY ST, MILFORD, 6460 | (203) 877-8980 |
| Nicholson Associates Inc | Liberty Mutual Independent | 395 NEW HAVEN AVE, MILFORD, 6460 | 203-877-2741 |
| Margaret M. Kramer | Nationwide | 2643 Whitney Ave, Hamden, 06518-2916 | (203) 287-1178 |
| Grover Insurance Llc | Liberty Mutual Independent | 3 Gravel Street 3 Gravel Street, mystic, 6355 | None |
| Kevin Piscitelli | State Farm | 380 Boston Post Rd, Orange, 06477-3524 | 203-799-9900 |
| Jesse L Pasker | Travelers | 272 CASTLEWOOD DR, BLOOMFIELD, 6002 | 860-796-7239 |
| Lynn Dobrowsky | State Farm | 150 Poquonock Ave, Windsor, 06095-2429 | 860-640-6777 |
Waterford, CT Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$69 | $1,647 |
| Driver's Failure In Showing Documents | +$153 | $1,731 |
| Driving With An Expired Registration | +$163 | $1,741 |
| Driving At A Considerably Slow Pace | +$342 | $1,920 |
| Using A Cellphone While Driving | +$361 | $1,939 |
| Running A Red Light | +$368 | $1,946 |
| Speeding | +$387 | $1,965 |
| Driving A Vehicle Without The Required Permission | +$491 | $2,069 |
| Driving With An Expired/Suspended License | +$1,064 | $2,642 |
Waterford, CT Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,515 |
| Active Disabling Device | $1,515 |
| Tracking Device | $1,483 |
| Passive Disabling Device | $1,468 |