Some Connecticut drivers and homeowners could see lower insurance rates under recent company filings, the Connecticut Insurance Department announced Friday, October 16.
The department identified 19 personal-auto filings from 14 companies and 19 homeowners filings from 16 companies that included decreases for certain consumers. These are filings, not a count of distinct insurers across both categories.
For auto insurance, two State Farm affiliates reported an overall average decrease of about 8.4%. Farmers Casualty reported an average decrease of about 14%. Liberty Mutual Personal reported about 6%, affecting roughly 11,500 policyholders.
For homeowners insurance, Liberty Mutual and affiliated companies reported decreases of approximately 5% across more than 30,000 policies.
Those averages do not promise the same savings for every customer. The department says rates vary by insurer, coverage and other rating factors; not everyone will see a lower premium. Its announcement does not supply individual effective dates or policy-level reductions.
Before renewing, ask the company or agent how the filing affects your specific policy. CID’s consumer guides recommend reviewing coverage, asking about available discounts and comparing options.
Consumers seeking help resolving an insurance issue can contact CID’s Consumer Affairs Division at 860-297-3900 or 800-203-3447.