New London, CT Car Insurance

Drivers in New London pay, on average, $90 a month for their car insurance. To learn more about what you're likely to pay in the New London area, read our guide below.
How do rates in New London measure up compared to neighboring areas, including Connecticut as a whole? What should residents of New London expect to pay for their car insurance? Discover the factors that go into calculating the average cost in our writeups and charts below:  

How much is car insurance in New London?

Area Average Monthly Car Insurance Premium
New London$90
CT$114
United States$81

Compared to the rest of the Connecticut, coverage in New London is about $24 a month cheaper.

On the flip side, New London residents should prepare to pay higher rates for coverage than the rest of the country. It's around $9 more expensive for coverage in New London than the average rates seen in the rest of the U.S.

Although these are the average car insurance rates in New London, you could end up paying something different. There are a variety of factors that car insurance companies assess when determining how much to charge you to get your vehicle insured. The bill you'll see each month is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.

Don't sweat it however, we've broken down average rates for New London residents based on several different factors so that you can get a more accurate idea of what it might cost to insure your vehicle. If you think you might be overpaying for insurance in your area, enter your ZIP below and find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$191
25-34$79
35-44$96
45-54$67
55-64$62
65+$77

It makes sense that older drivers would have more experience behind the wheel. When it comes to your monthly premium, that experience can really pay off. As you can see, 18-24-year-olds pay $114 more than drivers 65 and older.

For every 10 years, you can expect to see a drop in your monthly premium. Once you hit retirement, however, you may see your rates rise again in New London.

Average Car Insurance Rates by Gender

Gender Average
Male$84
Female$96

Although women typically pay less than men do for auto insurance, this is not the case in New London, where female drivers pay around $96 per month while male drivers pay about $84.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$140
Multiple Accidents$136
1 Ticket$113
Multiple Tickets$174

Your driving record can have a tremendous impact on your car insurance rates. Drivers with clean records will pay significantly lower rates than those with accidents or violations. Drivers in New London with one accident will pay around $140 a month. Similarly, drivers with one ticket will typically pay around $113 on average.

Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. So, if you want the cheapest rates, drive carefully and try to maintain a clean driving record.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$125
2-3 Years$64
4-5 Years$48
6-7 Years$106
8-10 Years$97
11-14 Years$90
15 Years or Older$87

If you look at the first table above, the cheapest vehicles to insure in New London are typically trucks and vans, at $73 per month.

SUV drivers will see rates of about $104, while the rates for car owners average out to about $86 a month.

Depending on how old your vehicle is, you can also expect to see slightly different rates. Generally, the most expensive vehicles to insure are going to be newer ones. However, if your car is about 5 years old, you can expect to see your rates start dropping back down. In New London, vehicles less than one year old are the most expensive to insure.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$93
Married$90
Divorced$54

Generally speaking, those who are currently married will pay slightly less for auto insurance coverage. This oftentimes is a result of owning multiple vehicles that are on the same policy, something that will often get you a discount.

Although married couples normally pay less than single drivers to insure their vehicles, the rates for both groups in New London are about the same.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$94
Rent$87
Live with parents$199

Another factor taken into consideration is your living situation. Renters can expect to pay around $7 a month less than those who own their own home in New London. But those who live at home with their parents can expect to pay significantly more.

That being said, many companies will offer you a discount if you bundle your homeowners or rental insurance policy with your auto insurance.

Car Insurance Companies in New London, CT

Recent trends in car insurance for New London drivers

Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.

In New London, car insurance rates increased from 2017-2018, before leveling out in 2019. Policy premiums finished up in 2022, at $77 per month

How does New London compare to neighboring areas?

Why are car insurance rates in New London different from other areas?

There are numerous factors car insurance companies will consider when figuring out how much to charge for a monthly rate. Where you live will also have a significant impact on your personal policy. This may include things like:

  • Regional regulations
  • Number of drivers in the region
  • Road Safety (total number of local car accidents)
  • Off-street parking access
  • Regional crime rates

You'll be hard pressed to change any of these factors yourself, but they're worth considering when thinking about the purchase of a new policy or a move. Realizing that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your corner of the world.

How can I find the cheapest car insurance in New London?

While knowing what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Luckily, Compare.com does all of that work for you. Just put in your ZIP Code below, answer a few questions about you and your car, and you'll be comparing the cheapest quotes from dozens of car insurance companies providing coverage in New London.

Compare the cheapest quotes from dozens of insurance companies

New London Insurance FAQs

What factors affect car insurance quotes in New London?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, but also factors like your vehicle's make and model, year, driving record, credit score, as well as your marital status and address.

Why is the cost of car insurance in New London different from other neighboring cities?

Auto insurance companies consider regional factors, such as local laws, crime rates, and parking situations into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.

Which car insurance company will offer me the cheapest rate in New London?

There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.

Do I need to change my insurance if I move to New London?

Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to New London or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.

Find your best rate in just a few minutes