In the state of Connecticut, there are certain automobile liability coverage options owners of registered vehicles are required to provide by law. In that regard, Connecticut is like most states. Many individuals will try to save money on their automobile insurance by skimping on liability limits (both bodily injury and property damage) but this is a mistake. There are other ways to lower automobile insurance costs that won’t put you or your family at grave financial risk in the event of an accident.

The best way to keep auto insurance rates low is to stay out of accidents and avoid moving violations. While it’s never a sure thing to avoid accidents (hence calling them accidents), safe driving can help mitigate this hazard and taking precautions such as wearing a seatbelt can help reduce liability and/or medical costs in the event of a collision. When it comes to safety, be sure to check with your insurer to see if they offer any discount programs. Typically, young drivers can obtain a discount on their insurance for completing certain state or insurance company sanctioned safe driving courses. Many insurance companies will also provide discounts to drivers who are over the age of sixty-two and participate in an annual safe driving course that typically lasts only a few hours.

One of the most consistent ways to save money on auto insurance is to adjust your deductible. A deductible represents the amount of risk you’re willing to take on. If you or anyone else covered by your policy suffer a loss, you will pay the deductible amount and then your insurance company will cover the rest if the loss is covered by your policy. The higher the deductible you choose, the lower your premium will be. Just be sure that the amount of your deductible is easily accessible so that if you incur a loss, you won’t have difficulty covering your side of the cost.

Another way to save money on auto insurance that is often overlooked is to share a policy with an entire household. Typically you’ll be asked or required to divulge information about other potential drivers in your household. Why not share a policy and get a multi-car discount? Companies in Connecticut that are well known for low rates include GEICO and Esurance, both of which can be applied for over the internet. Remember, sacrificing important coverage for cost isn’t necessary to lower your premiums.