For drivers with bad credit in Connecticut, it's important that you evaluate all of your potential insurance options to ensure you are finding the best rate. Comparing the right insurance companies will allow you to get the best possible insurance rate for drivers with bad credit.
To simplify comparing companies, Insurify has analyzed rates from top insurance providers in Connecticut. The following are the best insurance rates from carriers that offer car insurance for drivers with bad credit in Connecticut.
A poor credit score can negatively impact your financial well-being, especially when you need to borrow money for a car or house. Bad credit can also raise your insurance rates. A few states prohibit car insurance companies from using a driver's credit history as a factor in determining their rate. Unfortunately, Connecticut is not one of those states. Most companies will run your credit if you try to get coverage.
While a poor credit score won't prevent you from getting coverage like it might a loan, you should expect to pay a higher insurance premium.
Insurify's comparison tool will help you make sure you're getting the best possible quote even with a bad credit rating. You can have peace of mind you're not paying any more than need to, and customers save $48 per month on average.
Drivers with bad credit pay almost 19 percent more than average for car insurance in Connecticut. Credit scores are just one factor companies look at when determining car insurance rates, however. According to the Insurance Information Institute, companies will review your driving record and claims history along with your total debt and payment history when they set your rate. Insurers use your credit score to figure out your risk level and likelihood that you'll file a claim in the future.
It is possible to get car insurance without a credit check in Connecticut. There's a catch, however. Car insurance companies that don't check credit scores often charge higher premiums. Insurance companies that run credit checks do so to calculate how much risk comes with covering a driver. Without that check, the risk calculation is incomplete, and companies will charge more for coverage to compensate for that.
You may not want to go through a credit check, but it might be worth it to see if you can pay less for coverage with a standard car insurance company in Connecticut.
Having excellent credit is important for a number of reasons. It's especially critical in Connecticut, however, because the average monthly cost for insurance for drivers with excellent credit is still a bit high, at $216. Premium costs only go up from there; even Connecticut drivers in the "good" credit tier pay an average of $275 a month for car insurance. Poor credit can result in a monthly insurance bill of $300 or more.
A poor credit score will be costly for drivers seeking car insurance in a handful of Connecticut cities. Norwich is one of the few cities where Connecticut drivers with bad credit can expect a monthly payment of less than $300. Meanwhile, drivers in Waterbury, Hartford, and New Haven are looking at a $400 per month car insurance bill if they have bad credit.
Insurance prices and policies can vary significantly between companies, and a state like Connecticut draws a wide variety of choices when factoring insurance rates for drivers with bad credit.
Insurify's rate comparison tool will help you make sure you're getting the best possible quote based on your needs and location. You can have peace of mind you're not paying any more than you need to, and customers save $585 per year on average.
Use Insurify for all of your car insurance comparison needs! Compare and connect directly with the top insurance companies to find the best rates as well as the most personalized discounts and coverage options.
Insurify’s network includes over 200 insurance companies throughout the U.S. who can work with you to get you the right auto insurance policy at the cheapest price.
The car insurance quotes, statistics, and data visualizations on this page are derived from Insurify’s proprietary database of over 4 million car insurance applications from ZIP codes across the United States. Insurify’s data science team performs a comprehensive analysis of the various factors car insurance providers take into account while setting rates to provide readers insight into how car insurance quotes are priced.