New Milford, CT Car Insurance

On average, New Milford drivers pay around $95 a month for their car insurance. To learn more about policy rates and coverage in the New Milford area, continue reading our guide below.
How much can residents of New Milford expect to pay for their car insurance? Are rates in New Milford higher or lower than those in neighboring areas? How do they compare to the rest of Connecticut? Discover the factors that go into calculating the average cost in our writeups and charts below:  

How much is car insurance in New Milford?

Area Average Monthly Car Insurance Premium
New Milford$95
CT$114
United States$81

Based on the above chart, auto insurance policies in New Milford are about $19 a month cheaper than in the rest of Connecticut.

That being said New Milford residents will likely pay higher rates for their insurance policy than the rest of the country. It's about $14 more for coverage in New Milford than in the rest of the U.S.

Keep in mind that while these are the average car insurance rates for New Milford, it isn't guaranteed that it's what you'll pay. Insurance companies take in a variety of factors when determining how much to charge you for your car insurance. Your monthly premium is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.

Don't worry, we've done the work for you and broken down average rates for New Milford to help you get a more accurate idea of what you'll be charged for your policy. And if you're not sure if you're getting the cheapest rate for your area, simply 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$189
25-34$80
35-44$87
45-54$70
55-64$72
65+$70

Generally, the older you are, the more experienced you are on the roads. That experience can lead to some serious savings when it comes to auto insurance premiums. According to the table above, you can see that 18-24-year-olds pay two times the price that someone who is at retirement age.

For every 10 years, you can expect to see a decrease in your monthly premium. You may see your rates begin to increase again once you hit retirement in New Milford.

Average Car Insurance Rates by Gender

Gender Average
Male$104
Female$91

Car insurance rates for women are generally cheaper than they are for men. In New Milford, this difference shakes out to about $13 a month. As you can see in the table above, male drivers in the area typically pay $104 on average, while female drivers typically pay $91 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$94
Multiple AccidentsNot Enough Data
1 Ticket$74
Multiple Tickets$329

Rates can vary wildly depending on your driving record. Those with fewer accidents and tickets will pay significantly less than those with multiple infractions, while those with clean driving records will obviously pay the least. Drivers in New Milford with a single accident will pay around $94 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $74.

Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. That's why it's important to drive safely and keep your record clean so you can keep your rates as low as possible.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$51
2-3 Years$68
4-5 Years$75
6-7 Years$111
8-10 Years$66
11-14 Years$97
15 Years or Older$117

If you look at the first table above, you'll see that trucks and vans are by and large the cheapest vehicles to insure in New Milford, with drivers paying around $71 per month to insure their vehicle.

Car owners, on the other hand, typically pay around $96 per month, while SUV drivers can expect to pay about $107 a month for insurance coverage.

In addition to vehicle type, you can also expect to see slightly different rates based on how old your vehicle is. Generally, newer vehicles are going to cost the most to insure. However, once your car is close to 5 years old, you might start to see your rates slide back down slightly. In New Milford, vehicles fifteen years and older are the most expensive to insure.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$99
Married$66
Divorced$68

Overall, those who are currently married will pay slightly less for car 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.

According to the table above, the difference in rates based on relationship status in New Milford can be as much as $33 a month, so it's worth taking into consideration.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$66
Rent$108
Live with parents$75

One other element taken into consideration is your housing status. In New Milford, homeowners can expect to pay around $42 a month less than those who rent. But if you live with your parents, your rates will be significantly higher.

Bundling your home or rental insurance with your auto insurance can oftentimes reduce your average costs, depending on your insurance company.

Car Insurance Companies in New Milford, CT

Recent trends in car insurance for New Milford drivers

Since average rates are constantly changing, it's a smart move to research the local trends in your area before picking an insurance policy.

The cost of car insurance coverage in New Milford have been mixed as of late, it declined in 2017, increased in 2019, and dropped again in 2021, before finishing at $91 in 2022.

How does New Milford compare to neighboring areas?

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

Car insurance companies take in a number of factors when choosing how much individual insurance policies will cost. While we've discussed the ones that affect your personal policy, others are based around your home address. These include things like:

  • Amount of drivers
  • Crime levels
  • Amount of off-street parking
  • Road Safety (frequency of car accidents)
  • Local laws

A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. Get started with a guide like this to get familiar with the average rates of your area.

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

Arming yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for 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, and you'll be comparing the cheapest quotes from many of the car insurance companies offering policies in New Milford.

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New Milford Insurance FAQs

What factors affect car insurance quotes in New Milford?

Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your credit score, address, marital status and driving record.

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

Auto insurance companies consider regional factors, such as crime rates, local laws, 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 Milford?

Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible by using sites like Compare.com to compare multiple quotes at once.

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

Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.

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

No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to New Milford or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes