10+ years writing on personal finance topics
Host of the Mental Health and Wealth podcast
Melanie is a blogger, author, and speaker specializing in personal finance and debt management. She’s also the author of the blog and book “Dear Debt.”
Featured in
3+ years producing insurance and personal finance content
Main architect of the Insurify Quality Score
Courtney’s deep personal finance knowledge extends beyond insurance to credit cards, consumer lending, and banking. She thrives on creating actionable content.
Featured in
Updated November 21, 2024
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Table of contents
Waterbury’s growing population and proximity to Connecticut’s capital can increase the city’s average car insurance rates.[1] The overall average cost of car insurance in Waterbury is $357 per month, based on Insurify data.
This is more expensive than the national average, which is $154 per month, and the state average of $302 per month.
Here’s what you need to know about comparing rates and coverage options in Waterbury to find the best and cheapest car insurance for you.
The average cost of car insurance in Waterbury is $275 per month for liability coverage and $439 per month for full coverage.
State Farm, GEICO, and USAA offer the cheapest liability-only policies in Connecticut.
Insurance companies in Connecticut can consider drivers’ credit histories when underwriting new auto insurance policies.[2]
3 of the cheapest car insurance companies in Waterbury
The best car insurance for you will match your budget and provide all the coverage you’re looking for based on your driving history and individual needs. While many insurance companies offer coverage, here are the top three options for cheap car insurance in Waterbury.
Insurance Company ▲▼ | IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. ▲▼ | Full Coverage ▲▼ | Liability Only ▲▼ | Best for ▲▼ |
---|---|---|---|---|
State Farm | 9.3 | $94 | $94 | Bundling |
GEICO | 9.0 | $115 | $115 | Discounts |
USAA | 9.4 | $128 | $128 | Military members and veterans |
Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.
We rate each company on a 1 to 10 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.
- Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
- Customer satisfaction: To calculate this score, Insurify analyzed more than 28,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
- Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
- Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
- Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.
Best insurer for bundling: State Farm
User Reviews | 4.2 |
---|---|
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 9.3 /10 |
Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $66/mo |
Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $111/mo |
Drivers appreciate the helpful local agents and initial service but dislike the high prices and frequent rate increases.
Drivers appreciate the helpful local agents and initial service but dislike the high prices and frequent rate increases.
Charles
November 19, 2024
New Car Price
Ronald
November 19, 2024
State Farm Experience: 35 Years+
David
November 19, 2024
Too expensive
Close to 44% of residents in Waterbury are homeowners, according to U.S. Census data.[1] State Farm offers home insurance and auto insurance, and when you bundle both, you could get an average savings of $1,073, according to the company website.
If you’re looking for cheap car insurance in Waterbury, State Farm has low rates and provides even more savings when you bundle it with a home insurance policy.
Savings of up to 23% when you bundle insurance products
Multiple teen-driver discounts
Online quotes not available
Gap insurance not available
Best insurer for discounts: GEICO
User Reviews | 4.0 |
---|---|
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 9.0 /10 |
Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $82/mo |
Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $137/mo |
Drivers appreciate the excellent customer service and initial low prices but dislike the frequent price increases.
Drivers appreciate the excellent customer service and initial low prices but dislike the frequent price increases.
George
November 19, 2024
Service
James
November 19, 2024
Unsatisfactory Experience with Geico
Edward
November 18, 2024
Experience with Geico
The annual incomes in Waterbury are lower than average incomes in the state, and 21.9% of Waterbury residents live in poverty.[1] When financial means are limited, any discounts and savings can make a huge difference.
GEICO has some of the most affordable rates for Waterbury drivers and offers many discounts for safe driving, being a good student, or certain member affiliations. You can explore GEICO’s long list of discounts to see how it may help you save on car insurance.
Offers many discounts
No. 1 in J.D. Power’s customer satisfaction study for the New England region[3]
Limited agents in Connecticut
Doesn’t offer gap insurance
Best insurer for military members and veterans: USAA
User Reviews | 4.9 |
---|---|
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 9.4 /10 |
Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $91/mo |
Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $152/mo |
Drivers appreciate the ease of working with the carrier, competitive rates, and responsive service but dislike the price increases and lack of rideshare add-ons in some areas.
Drivers appreciate the ease of working with the carrier, competitive rates, and responsive service but dislike the price increases and lack of rideshare add-ons in some areas.
Gloria
November 15, 2024
Not Good for Claims
Martin
November 11, 2024
Price Shopping
Rena Sabine
November 8, 2024
Disappointing and inflexible service
Waterbury is home to around 3,500 veterans, a Veterans Affairs (VA) clinic, and the National Guard.[1] Military members, veterans, and their families have unique circumstances and can benefit from car insurance savings. USAA is a car insurance company that caters exclusively to the military and veteran community and provides affordable coverage.
Military-specific discounts
Above-average J.D. Power customer satisfaction rating in New England[3]
Gap insurance not available
Restrictive membership requirements
How to get the cheapest car insurance in Waterbury
Car insurance rates depend on different personal factors, including your driving history, age, ZIP code, and credit history. Here’s what you can do to find cheap car insurance in Waterbury:
Bundle multiple policies. Insurance companies usually offer savings if you bundle multiple insurance products. In addition to getting auto insurance coverage with a company, you may also get home insurance, condo insurance, renters insurance, life insurance, or business insurance.
Look for discounts. Insurers offer different types of discounts like teen driver discounts, military affiliation discounts, good driver discounts, and more. See which ones you qualify for and compare the savings.
Improve your credit. Having a low credit score may cause you to have more expensive rates. Practice good credit habits, like paying bills on time, reducing your credit utilization ratio, and limiting the new credit accounts you apply for.
Cheapest liability-only car insurance in Waterbury: State Farm
Liability-only car insurance is the minimum coverage that Connecticut law mandates. Waterbury drivers must comply and purchase minimum limits to cover bodily liability and property liability, which pay for the other parties’ injuries and damages in a car accident you cause.
Because this coverage is limited to only injuries and damages you cause others, you’re responsible for your own losses. Liability coverage is usually the cheapest car insurance you can get. Waterbury drivers pay an average of $275 per month for liability insurance, but the cheapest company is State Farm.
Here are other affordable liability insurance options in the city.
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
State Farm | $66 |
GEICO | $82 |
USAA | $91 |
Progressive | $125 |
Travelers | $134 |
CSAA | $136 |
Nationwide | $147 |
Allstate | $155 |
Bristol West | $288 |
Foremost | $294 |
Cheapest full-coverage car insurance in Waterbury: State Farm
Full-coverage car insurance is a mix of multiple insurances. In general, it’s the state-mandated liability coverage plus collision coverage and comprehensive coverage. These added coverages provide more protection on the road and can cover your own vehicle damages, regardless of fault.
Connecticut drivers who want to maximize their coverage options and stay protected in many scenarios should look into full-coverage car insurance. It’s usually more expensive than liability insurance: The average cost is $439 per month in Waterbury, but the cheapest full-coverage rates are through State Farm.
If you want full coverage, here are the options for the cheapest car insurance in Waterbury.
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
State Farm | $111 |
GEICO | $137 |
USAA | $152 |
CSAA | $196 |
Progressive | $210 |
Travelers | $225 |
Nationwide | $246 |
Allstate | $260 |
Foremost | $322 |
Bristol West | $480 |
Cheapest recent rates near Waterbury, Connecticut
Drivers in and around Waterbury, Connecticut have found policies from Direct Auto, National General, Progressive, and more, through Insurify in the last few days.
*Quotes generated for Insurify users in and around Waterbury, Connecticut within the last 10 days. Last updated on November 21, 2024
*Quotes generated for Insurify users in and around Waterbury, Connecticut within the last 10 days. Last updated on November 21, 2024
Car insurance requirements in Connecticut
Connecticut is an at-fault — or tort — state. This means the at-fault driver in a car accident is responsible for paying for other parties’ damages and injuries, which their liability insurance can cover.
Connecticut drivers must purchase minimum coverage, also referred to as liability insurance, that meets 25/50/25 limits. Here’s what those numbers mean:[4]
Coverage ▲▼ | Minimum Requirements ▲▼ |
---|---|
Bodily injury liability | $25,000 per person / $50,000 per accident |
Property damage liability | $25,000 per accident |
Uninsured/underinsured motorist | $25,000 per person / $50,000 per accident |
In addition to the minimum coverage, you can purchase add-ons that increase your protection. While liability-only insurance may save you money, adding other insurance policies may be worth it, depending on your individual needs.
These are some common optional insurance coverages:
Comprehensive coverage
Comprehensive coverage pays for vehicle damages from non-collision events, like severe weather, falling objects, theft, vandalism, and more.
Collision coverage
If you hit a stationary object or another car, collision coverage will kick in and pay for your vehicle damages.
Personal injury protection coverage
Personal injury protection (PIP) coverage reimburses you for medical expenses if you or your passengers sustain injuries in an accident, regardless of fault.
Rental car reimbursement coverage
Rental reimbursement coverage pays for a rental car while your vehicle is in the shop for repairs under a covered claim.
Gap coverage
Gap insurance covers the difference between your insurance settlement and remaining auto loan balance after a total loss.
Cheapest car insurance for drivers with an incident
A speeding ticket, driving under the influence (DUI) conviction, an at-fault accident, or other moving violation on your driving record can increase your rates.
These incidents signal to insurers that you’re at a higher risk of filing a claim, and they’ll increase your premiums to offset that risk. For example, in 2023, Waterbury reported more than 3,800 car crashes, and drivers with at-fault accidents in the city pay an average of $384 per month for liability insurance.[5]
But more serious violations can increase your rates even more. Drivers in Waterbury with DUIs pay an average of $439 per month for liability coverage.
Here are the cheapest insurance companies for drivers, by their driving record.
Insurance Company ▲▼ | Clean Driving Record ▲▼ | With Speeding Ticket ▲▼ | With At-Fault Accident ▲▼ | With DUI ▲▼ |
---|---|---|---|---|
State Farm | $66 | $85 | $87 | $107 |
GEICO | $82 | $107 | $110 | $133 |
USAA | $91 | $118 | $121 | $148 |
Progressive | $125 | $161 | $168 | $203 |
Travelers | $134 | $176 | $180 | $217 |
CSAA | $136 | $180 | $188 | $198 |
Nationwide | $147 | $193 | $198 | $238 |
Allstate | $155 | $201 | $207 | $251 |
Bristol West | $288 | $377 | $384 | $467 |
Foremost | $294 | $411 | $418 | $477 |
Average cost of car insurance by age
Age is a major risk factor that insurance companies look at when setting rates. The average liability car insurance cost for teens and young adults in Waterbury, Connecticut, is $488 per month, which is much higher than what experienced drivers pay.
Premiums decline around age 35 with older drivers paying less, thanks to experience and other low-risk characteristics. But around age 70, premiums rise as senior drivers may experience coordination and vision declines that affect driving abilities.
Here’s how car insurance rates in Waterbury change based on driver age.
Age ▲▼ | Average Monthly Quote ▲▼ |
---|---|
Teens | $769 |
20s | $503 |
30s | $395 |
40s | $379 |
50s | $330 |
60s | $297 |
70s | $302 |
Waterbury car insurance quotes by credit tier
Insurance companies in Connecticut can use drivers’ credit histories when underwriting new policies. But when renewing policies, insurance companies can only use them if the driver requests or if it’ll reduce insurance premiums.[2]
Insurance companies consider drivers with poor credit scores as higher risk and charge more for insurance coverage. On the other hand, drivers with good or excellent credit usually pay cheaper rates.
Here’s how credit tiers affect Waterbury car insurance quotes.
Rates by Credit Tier
Waterbury car insurance FAQs
Here’s what you need to know about six- and 12-month insurance policies. Also, check out the answers to common questions about auto coverage in Waterbury below.
How much is car insurance in Waterbury?
The average cost of car insurance in Waterbury is $275 per month for liability coverage and $439 per month for full coverage.
What are the cheapest car insurance companies in Waterbury?
State Farm, GEICO, and USAA are the cheapest car insurance companies in Waterbury, with liability rates of $66, $82, and $91 per month, respectively.
But the cheapest company for someone else may not be the cheapest for you. It’s important to compare rates from multiple companies to find the one that offers you the best deal. You can also use a quote-comparison website to help you look at multiple rates in one place.
What are the best car insurance companies in Waterbury?
Some of the best car insurance companies in Waterbury include GEICO, State Farm, and USAA. These insurers offer relatively cheap average rates, advertise plenty of coverage options, and have high Insurify Quality (IQ) Scores.
Methodology
Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.
Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).
Liability-only premium averages correspond to policies with the following coverage limits:
- Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
- Property damage limits between $10,000 and $50,000
- No additional coverage
- Comprehensive coverage with a $1,000 deductible
- Collision coverage with a $1,000 deductible
Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.
Related articles
More cities in Connecticut
Sources
- U.S. Census Bureau. "QuickFacts: Waterbury city, Connecticut."
- Connecticut General Assembly. "The Use of Financial History Measurement Programs in Automobile Insurance Underwriting or Rating."
- J.D. Power. "2023 U.S. Auto Insurance Study."
- Connecticut Insurance Department. "Auto Insurance Coverage Information."
- Connecticut Crash Data Repository. "CAST Dashboards: Last 3 years."
Melanie Lockert is the founder of the blog and author of the book, "Dear Debt." Through her blog, she chronicled her journey out of $81,000 in student loan debt. Her work has appeared on Allure, Business Insider, Credit Karma, Fortune, and more. She is also the co-founder of the Lola Retreat and host of the Mental Health and Wealth show podcast. She lives in Los Angeles and enjoys jazz music, traveling, coffee, and spending time with her two cats and partner.
3+ years producing insurance and personal finance content
Main architect of the Insurify Quality Score
Courtney’s deep personal finance knowledge extends beyond insurance to credit cards, consumer lending, and banking. She thrives on creating actionable content.
Featured in