Auto Insurance: Keeping Your Original Policy In Ct

In Connecticut, drivers are required by law to have car insurance. The minimum requirements are liability insurance, as well as uninsured and underinsured motorist coverage. All drivers must carry proof of insurance and present it if requested by law enforcement officials. The minimum liability coverage requirements are $25,000 in bodily injury per person, $50,000 in total bodily injury per accident, and $25,000 in property damage per accident. Uninsured/underinsured motorist coverage requirements are $25,000 in bodily injury per person and $50,000 per accident.

Maintaining continuous insurance coverage on a registered vehicle

Connecticut Insurance Requirements

Connecticut requires drivers to maintain liability insurance, as well as mandatory uninsured and underinsured motorist coverage. Liability insurance covers injuries to other people and their property damage if you or someone driving your car causes an accident. The minimum requirements for liability insurance in Connecticut are:

• $25,000 per person for bodily injury and $50,000 per accident.
• $25,000 per accident for property damage.

Uninsured/underinsured motorist coverage is also mandatory in Connecticut. This covers you if you are injured by a driver who does not have insurance or has insufficient insurance. The minimum requirements for this coverage are:

• $25,000 bodily injury per person and $50,000 per accident.
• $25,000 property damage per accident.

Continuous Coverage

Connecticut state law requires continuous insurance coverage on any registered vehicle. If you do not maintain insurance, you may receive a warning notice from the DMV. Failure to maintain insurance coverage can result in fines and other penalties.

Cancelling Insurance

If you cancel your vehicle liability insurance, you must first surrender your license plate to your local DMV agency to avoid penalties. If you do not surrender your license plate before cancelling your insurance, you may be subject to a civil penalty of up to $150, depending on the number of prior lapses.

Changing Insurance Companies

When changing insurance companies, it is important to avoid a lapse in coverage. Purchase your new policy before cancelling your old one, and have your agent notify the DMV of the change to avoid any issues.

Compliance Issues

To check for insurance compliance issues, individuals can use the DMV's online tools with their driver's license or ID number. Organisations will need their Secretary of State number.

Resolving Lapses in Coverage

If you have had a lapse in insurance coverage, you may need to pay a fine and provide proof of insurance to the DMV's Insurance Compliance Unit. The fine is typically $200, and you may need to provide a signed consent agreement, a copy of your current insurance card, and a check or money order for the fine amount.

Connecticut's mandatory insurance limits

In the state of Connecticut, drivers are required to maintain liability insurance, as well as mandatory uninsured and underinsured motorist coverage. All drivers must also be able to show proof of insurance when requested by law enforcement officials.

• Minimum Liability Coverage: 25/50/25
• Uninsured/Underinsured Motorist Coverage (bodily injury): $25,000 per person, $50,000 per accident, and $25,000 property damage per accident

Here's a more detailed breakdown of what these limits cover:

Minimum Liability Coverage

The minimum liability coverage limits in Connecticut are set at 25/50/25. This means that in the event of a car accident, your insurance will cover:

• $25,000 for bodily injury per person
• $50,000 for total bodily injuries per accident, regardless of the number of people injured
• $25,000 for property damage per accident

Uninsured/Underinsured Motorist Coverage

Connecticut also requires drivers to have uninsured/underinsured motorist coverage. This type of coverage protects you if you are injured by a driver who does not have insurance or has insufficient insurance to cover the costs of the accident. The limits for this coverage are:

• $25,000 bodily injury per person
• $50,000 bodily injury per accident

It's important to note that these limits can be increased for an additional premium, providing you with more protection in the event of an accident.

Collision coverage

The cost of collision coverage depends on the deductible you choose. A higher deductible means you will pay more of the repair cost when your vehicle is damaged, but your monthly premium will be lower. On the other hand, a lower deductible will result in a higher monthly premium but lower out-of-pocket expenses when repairs are needed.

In Connecticut, it is mandatory to have liability insurance as well as uninsured and underinsured motorist coverage. Liability insurance covers injuries to other people and their property if you or someone driving your car causes an accident. Uninsured/underinsured motorist coverage protects you if you are injured by a driver who does not have insurance or has insufficient insurance.

Comprehensive coverage

In the state of Connecticut, it is mandatory to have car insurance. The minimum insurance requirements include auto liability coverage with limits of at least $25,000 in bodily injury per person and $50,000 in total bodily injury per accident, as well as $25,000 in property damage per accident. Connecticut also requires uninsured/underinsured motorist coverage with minimum limits of $25,000 per person and $50,000 per accident. These coverages are designed to protect you financially in the event of an accident, whether it's your fault or someone else's.

Now, let's delve into comprehensive coverage in more detail:

When deciding on comprehensive coverage, consider the potential risks your vehicle may face and the financial implications if something unexpected happens. While it may increase your overall insurance cost, it can provide valuable protection and save you money in the long run if you need to repair or replace your vehicle due to covered events.

To summarise, comprehensive coverage is a valuable addition to your auto insurance policy in Connecticut, offering protection against a range of non-collision-related damages. It ensures that you have the financial resources to repair or replace your vehicle in unforeseen circumstances, giving you extra peace of mind.

Underinsured motorist conversion coverage

In a standard UIM scenario, if your damages exceed the at-fault driver's insurance coverage, you can only recover up to the limits of your UIM policy. The at-fault driver's insurance contributes to your UIM policy, but you are left with any remaining uncovered losses.

For example, let's say you have $300,000 in uninsured/underinsured coverage and are involved in an accident where you incur $400,000 in personal injury damages. The at-fault driver only has $200,000 in bodily injury liability insurance. With standard UIM coverage, you would only be able to collect a total of $300,000 ($200,000 from the at-fault driver's insurance plus $100,000 from your own UIM coverage), leaving you with $100,000 in uncovered losses. However, with underinsured motorist conversion coverage, you can combine your $300,000 policy with the at-fault driver's $200,000, resulting in a total of $500,000 to cover your damages.

This type of coverage is highly beneficial as it ensures that you are not left with any financial gaps and provides better reimbursement for your losses. It is important for motorists to understand the terms of their insurance policies and consider adding underinsured motorist conversion coverage for enhanced financial protection.

Frequently asked questions