Connecticut Auto Insurance
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Connecticut Auto Insurance Requirements
Connecticut is a scenic and historic state that’s home to several colleges and many large and small employers. With so much for tourists and residents to see and do, it’s no wonder its Connecticut roads are always busy. That’s why Connecticut, along with most other states, requires drivers to have liability Connecticut auto insurance.
Connecticut Bodily Injury Liability
Bodily injury liability covers such things as lost wages, medical expenses, pain and suffering, and funeral expenses if the accident results in death. Property damage liability pays to repair or replace the other driver’s vehicle, and also for the repair/replacement of property damaged in the accident, including buildings, guardrails, fences, etc.
Connecticut Minimum Liability Limits
The minimum liability limits Connecticut allows is 20/40/10 meaning that the insurer pays bodily injury claims up to $20,000 in an accident involving a single person and up to $40,000 per accident when two or more people are involved. The 10 represents $10,000 which is the most the insurer pays towards property damage, assuming minimum liability limits are selected.
That’s all Connecticut requires. But remember, without the state required minimums, you’ll be driving illegally. Something else to remember is that the costs associated with accidents are high. If you have assets to protect, seriously consider purchasing more coverage than the required minimums.
Connecticut Collision Coverage Pays the Repair/Replacement Costs
Optional Collision coverage pays the repair/replacement costs for the insured’s vehicle when the insured is found at fault. Comprehensive pays the repair/replacement costs for the insured’s vehicle when it is damaged due to reasons beyond the insured’s control; things like the weather, acts of vandalism, and encounters with animals.
The insurer will only repair the vehicle when repair costs don’t exceed the vehicle’s actual cash value. If they do, the insurer will declare the vehicle totaled. It will then send the insured a check equal to the vehicle’s value. If the amount is insufficient to pay off the vehicle’s loan or lease, optional Gap coverage will pay the difference.
Connecticut Department of Insurance
For the latest on Connecticut auto insurance laws, visit the Connecticut Department of Insurance website at http://www.ct.gov/cid/site/default.asp or call -860-297-3800.