The Basics of Insurance in Connecticut

Throughout its long tenure as a state in the US, Connecticut has offered so much to the world. For one, there are so many insurance companies in CT that it has earned the nickname, “Insurance Capital of the World.” With so many choices available to the average Connecticuter, it is a good idea to understand some of the basics before diving in head first.

Insure Your Car

There’s nothing like driving on the open road in this New England state, but with great fun, comes great responsibility. It’s important to know that you are required, by state law, to have what is known as liability insurance. You also need the following minimum limits:

  • $20,000 for bodily injury (per person)
  • $40,000 for bodily injury (total per accident)
  • $10,000 for property damage (per accident)

Perhaps you are driving every day to work, in which case you might want more coverage. Just be sure to consult an expert before making such a decision.

Insure Your Home

When it comes to homeowners insurance, most people start with personal liability, which will cover all those unpredictable injuries and damages that come with living in your very own home. A lot of people purchase coverage of up to $100,000, but if you happen to think that there is more risk in your home, then you can consider raising the limit.

No matter what kind of coverage you end up needing, it is important to reach out to one of the many insurance companies in CT. There’s no reason to go through this alone.

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