Reader’s Question:

I heard that in Connecticut, there is what is called as the “sequential analysis method? How is this defined? If I have a previous driving violation in Danbury CT, do I need more car insurance coverage?

Cecille

Danbury, CT

A legislation in the state of Connecticut (CT) was established in 2003 that gave greater weight, in decreasing order of importance, to a driver’s safety record, the number of miles driven annually, the number of years of driving experience, and other factors, rather than place of residence. This is called the sequential analysis method which is used for calculating rates for auto insurance policies.

With this legislation, car insurers are required to use a sequential analysis method for establishing insurance rates where territorial classifications are given the least importance. Therefore residence is not used or has the lowest on the sequence of weights toward an insurance rate calculation. To better determine your rates, I would suggest contacting Connecticut Department of Insurance since they could tell you more about the sequential analysis method and factors that auto insurance providers can use.

It is your choice if you will need more car insurance coverage than what you currently have. Normally, you should be notified by your state if you need to obtain more insurance after having previous driving or moving violations. But bear in mind that you should always buy what you can afford. You can place physical damage coverages of collision and comprehensive on your policy if you want to cover your own vehicle in case of an accident claim.

Tags: automobile, car insurance, car insurance rate, traffic violation