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Get Cheap Car Insurance in Exchange Place, Waterbury, CT
We monitor insurance prices, helping the average driver in Exchange Place save up to 29.9% on car insurance.
The Cheapest Minimum Coverage in Exchange Place
The chart below shows the cheapest car insurance company in Exchange Place for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Kemper, followed by State Farm, Safeco Insurance, and Travelers.
| Exchange Place Insurer | Monthly Cost |
|---|---|
| Kemper | $89 |
| State Farm | $102 |
| Safeco Insurance | $103 |
| Travelers | $103 |
Savings for Every Kind of Exchange Place Driver
Based on our extensive insurance data, we know the average Exchange Place driver will save about 29% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $731 per year by choosing the right vehicle insurance company. Some Exchange Place residents are paying out over $2,494 extra every year for auto insurance in Exchange Place. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Exchange Place, Waterbury, CT Savings / Yr. |
|---|---|
$731 |
|
$1,013 |
|
$704 |
|
$1,176 |
|
$2,766 |
|
$663 |
|
$1,114 |
Exchange Place Car Insurance vs. Waterbury
People living in Exchange Place pay an average of 28.90% more than the typical driver in the state. The average driver in Exchange Place can expect to pay about $1,708 per year, or $2,494 for full coverage.
Based on our analysis, Kemper will be the cheapest provider in Exchange Place for most people.
Car Insurance Prices by Exchange Place Neighborhood
Insurance Prices
Where is insurance cheapest within Exchange Place?
The map shows insurance prices in and around Exchange Place, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $354 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,699 to a low of $2,345. Insurance prices tend to be higher for those living in the Central area, and lower for those with homes in the South parts of Exchange Place.Pick the Best Car Insurance Company for You in Exchange Place
The best car insurance provider for most drivers in Exchange Place
For drivers with clean driving records and no major strikes, Kemper is the best option, with annual savings of $731 over the average Exchange Place car insurance company.
The best car insurance provider for Exchange Place drivers with accidents on their records
In our analysis, Kemper saved the average person who had been in an accident the most, with annual savings averaging $1,013 over the competition.
The best car insurance company for Exchange Place drivers with speeding tickets
>Kemper gave the average person with a speeding ticket the most savings, averaging $704 better than other car insurance companies.
The best auto insurance for Exchange Place drivers with a DUI conviction
Getting a quote from Travelers may cost the average person with a DUI about $1,176 less each year.
The least expensive car insurance company for new and young drivers in Exchange Place
In Exchange Place, State Farm costs young drivers $2,766 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Exchange Place
State Farm gave the largest car insurance discounts to married couples, averaging $663 saved each year compared to an average Exchange Place couple's premiums.
The cheapest car insurance in Exchange Place for drivers with bad credit
The best Exchange Place car insurance company for customer service
Recent price drops
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The cheapest large national provider in Exchange Place
For customers who prefer to work with large national providers, we recommend Travelers for pricing. The average Exchange Place driver can expect to pay about $120 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Exchange Place, USAA has the best prices for drivers with accidents, married couples, drivers with bad credit, drivers with speeding tickets, good drivers, young drivers, and drivers with a DUI conviction.Auto Insurance Prices in and Around Exchange Place
What Influences the Cost of Car Insurance in Exchange Place?
On average, car insurance in Exchange Place is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:
- The average commute time in Exchange Place is 32 minutes, which is a little more than average for a driver in the city.
- Connecticut state insurance regulations may require higher prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Exchange Place are among the lowest in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are moderate, with a Vehicle Theft Crime Grade of D+ according to CrimeGrade.org.
- Exchange Place is one of the least populated areas in the state. The neighborhood’s density could result in a price decrease for drivers.
As a result of these and other factors, the average cost of car insurance in Exchange Place is $142 per month for minimum coverage and $208 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Neighborhoods
- Cass Gilbert: Insurance costs 1.72% less
- Walnut Orange Walsh: Insurance costs 0.56% less
- North Square: Insurance costs 3.21% less
- Federal Hill Historic District: Insurance costs 15.16% less
- Hamden Plains: Insurance costs 6.46% less
- Spring Glen: Insurance costs 17.36% less
- Pine Rock: Insurance costs 5.33% less
- Downtown New Britain: Insurance costs 10.26% less
- City Hall Monument District: Insurance costs 8.58% less
- Amity: Insurance costs 0.28% less
Neighborhoods with Similar Populations
- Victory: Insurance costs 24.18% less
- Chadwick Manor: Insurance costs 17.12% less
- Dam Neck Naval Air Station: Insurance costs 51.40% less
- East Shore: Insurance costs 15.44% less
- El Miradero: Insurance costs 2.29% more
- Fairlane: Insurance costs 12.43% less
- Far Northeast-Huffman: Insurance costs 30.79% less
- Fern Bluff: Insurance costs 30.79% less
- Forest Ridge-Quail Hollow: Insurance costs 52.73% less
- Frenchtown: Insurance costs 59.26% less