Connecticut Auto and Home Insurers Cut Some Rates

The state Insurance Department identified 14 auto and 16 homeowners insurers with filed rate decreases for some policyholders in October 2026.

Updated on Nov. 14, 2026 in Insurance

Connecticut Auto and Home Insurers Cut Some Rates

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The Connecticut Insurance Department identified 14 auto insurance companies and 16 homeowners insurance companies with filed rate decreases for some policyholders, announced October 16, 2026. Filings included an average auto decrease of about 14 percent by Farmers Casualty Insurance Company and about 6 percent by Liberty Mutual Personal Insurance Company.

Why it matters

For Connecticut drivers and homeowners, the filings signal that some carriers are lowering premiums even as rates vary widely by carrier and location. Because a rate decrease describes an average across a category of policies, individual bills may not fall by the same amount.

The Connecticut Insurance Department reviewed rate filings and identified 19 personal auto filings from 14 companies and 19 homeowners filings from 16 companies that include decreases for some policyholders. The department did not publish effective dates in its October announcement, so when the changes take effect remains unclear.

The players

Connecticut Insurance Department

The state agency that regulates insurance companies operating in Connecticut and reviews their rate filings for approval.

Josh Hershman

A Connecticut public official cited in the department's rate decrease announcement.

Liberty Mutual Personal Insurance Company

A subsidiary of Liberty Mutual, a large multinational insurer that sells auto and homeowners coverage across the United States.

The details

Liberty Mutual and its affiliates reduced homeowners rates by about 5 percent for more than 30,000 Connecticut policyholders, while a Liberty Mutual auto decrease of about 6 percent affected approximately 11,500 policyholders. Average monthly auto premiums vary by city, with New Haven highest at about $244, Hartford at $243, and Groton at about $163.

October 2026: Insurance Commissioner reviewed rate filings and identified the decreases.
October 16, 2026: The Connecticut Insurance Department issued its auto and home rate decrease press release.

Market Dynamics

The October 2026 filings are reported through the Connecticut Insurance Department's regular review of carrier rate submissions, which the department publishes as carrier-by-carrier changes rather than statewide averages. The decreases show individual carriers adjusting filed rates, though the filings do not establish a broader statewide premium trend on their own.

Connecticut drivers and homeowners whose carriers filed decreases may see lower premiums when those changes take effect, though the department has not published effective dates. Policyholders should compare their own renewal quotes, since average filed decreases do not guarantee a lower bill for every customer.

The takeaway

Shopping for coverage can pay off in a market where filed rates differ by carrier and location. Compare renewal quotes from several insurers before accepting a premium increase.