New Bill Could Increase Auto Insurance Minimum for Connecticut Residents

There are around 2.5 million drivers in Connecticut, some who could be paying more for car insurance.

Currently, your car insurance must cover at least $20,000 per person, $40,000 per accident for bodily injury, and $10,000 per accident for property damage.

But, there is a movement at the state's capitol building to increase those minimums to $25,000 per person, $50,000 per accident for bodily injury and $25,000 per accident for property damage.

"They've been the same since 1971, so for 46 years. Medical costs have risen dramatically, over a thousand percent, wages have increased, car costs have increased dramatically, and the minimum limits currently don't provide any meaningful form of fair compensation for injuries," said Mike D'Amico of the Connecticut Trial Lawyers Association, which said it wants the increase in order to make you more whole when you are in an accident.

Opponents of the idea, including insurance companies, said they are concerned that many drivers will simply drop coverage if minimums go up. They said it's likely the greater the coverage, the higher the premium.

"The bill will unfortunately raise rates for those who can least afford it because the people who are really carrying minimum coverage right now are those who can't afford policies that have increased coverages," said Eric George of the Insurance Association of Connecticut.

The insurance committee voted the increase up to the general assembly, so now it's in the hands of your state lawmakers.

Contact Us