$100,000 per person/$300,000 maximum per accident for bodily injury; $100,000 for property damage; comprehensive and collision coverage with $500 deductible. Driving without insurance is a misdemeanor in Alabama, and if caught, you could face fines, lose your license and vehicle, and serve jail time. : Companies that offer a variety of choices for insurance coverage are more likely to meet consumer needs. Compare and move forward with as many offers as you want from a list of trusted carriers. High-risk drivers will pay about $861 more than the state average for insurance. Geico is one of the cheapest car insurance options on average for Alabama drivers across multiple categories. Your actual quoted rate may vary greatly and may be subject to adjustment based on verification of your self-reported data. These hypothetical drivers have clean records and good credit. Car insurance rates vary by city in Alabama for a number of reasons. We analyzed 5,000,736 records, 1,467 ZIP codes and 212 insurance companies. BBB rating: A+. Cheapest Car Insurance for You in Alabama, $25,000 bodily injury liability coverage, with a cap of $50,000 for any one incident for bodily damage. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. We highlight the complete list of cheapest full coverage options for auto insurance in the state below. Age Avg monthly rate; 16 - 20 : $218.19 : 20s : $137. Performance & security by Cloudflare. How Much Does Car Insurance Cost in Alabama? Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The action you just performed triggered the security solution. Experts recommend that drivers purchase full coverage insurance with the highest liability limits they can afford to stay protected against unexpected events. Your specific needs, as well as your rating factors, will determine which company best suits your needs. The average car insurance cost in Alabama is also affected by gender, with males tending to pay more than females, especially at younger ages. Bankrate.com is an independent, advertising-supported publisher and comparison service. Carriers associate your credit score with your ability to pay your premium, so the better yours is, the lower your rate becomes. Click to reveal Alabama drivers on average pay $207 a month for car insurance, according to our research. Full coverage car insurance policies are the most expensive but provide much more protection, covering your own vehicles from accidents, theft, natural disasters and animal strikes. On average, Alabama car insurance rates are lower than the national average. The average annual rate for an auto insurance policy in Alabama is $1,424. The cheapest car insurance company for those who have a speeding ticket is Geico, with an average annual rate of $1,384. Based on our cost research, USAA provides the cheapest full coverage car insurance in Alabama on average, costing $82 per month and $987 per year. . How much is car insurance . Some drivers are willing to pay a bit more for outstanding customer service, some want the lowest rates, others prefer carriers who can handle claims and payments through mobile apps and some prefer agents. Single-car drivers in Mount Olive pay an average of $3,625 annually for car insurance. However, your rate increase also depends on the state laws, your insurance company and your driving record. Privacy Notice, and 2023 Bankrate, LLC. J.D. Liability pays for injuries/damage you cause others. The company offers many coverage options, including new car replacement, Our research found that the average estimate for full coverage car insurance in Alabama is, , based on the profile of a 35-year-old driver with good credit and a clean driving record. All Rights Reserved. Age, driving history and a persons credit scores can have a huge impact on the cost of car insurance in Alabama. Your actual quoted rate may vary greatly and may be subject to adjustment based on verification of your self-reported data. In this article, we reviewed the cheapest auto insurance companies, coverage and rates in the state of Alabama. Alabama drivers pay an average of $1,843 per year for full coverage car insurance, compared to $2,014 per year nationally. That's about $140 per month to insure your car. updated May 30, 2023 State Farm has the best and cheapest car insurance in Alabama at $450 per year, or $37 per month for minimum liability coverage. : This score is based on volume of complaints reported by the NAIC and customer satisfaction ratings reported by J.D. The cheapest car insurance in Wichita, Kan., starts as low as $25 per month from Geico. Geico tends to offer the cheapest car insurance in Alabama for 16-year-old drivers, with an average estimate of $3,835 per year, or $320 per month. U.S. News 360 Reviews takes an unbiased approach to our recommendations. Bankrate has answers. AM Best financial strength score: A++ While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Our data shows a minimum coverage auto insurance policy in Sacramento, Calif., costs $56 per month or $678 per year on average. Different vehicles have different prices to repair, different accident statistics and different safety features. Our content is backed byCoverage.comLLC, a licensed entity (NPN: 19966249). Thats around, For minimum liability coverage, the average estimate in Alabama is, based on that same driver profile. A better rate is around the corner. Shop around for a good deal that provides peace of mind when hitting the open road in Alabama. In Alabama, drivers pay an average of $120 monthly for full coverage car insurance, based on a 2023 rate analysis by CarInsurance.com. For more information, please see our, Average car insurance costs by age and gender in Alabama. On average, premiums for full coverage car insurance in Alabama costs around $1,442 per year for the limits of 100/300/100 - $1,00,000 in bodily injury coverage, $3,00,000 in bodily injury coverage per accident and $1,00,000 in property damage coverage. Your own rate will depend on your personal factors and vehicle. Rates by credit score tend to vary a lot in states where insurers are allowed to use it as a rating factor because, statistically speaking, drivers with lower credit ratings are more likely to file claims. Olive, Alabama, with a population of 4,079, is a suburb of Birmingham and one of the 50 wealthiest communities in the state. Our rate estimates show Travelers is an affordable choice for coverage, especially for young drivers in Alabama. Find Insurers It's free, simple and secure. The license can also be suspended for 90 days if the fine isnt paid within 15 days of receiving notice and wont be reinstated until all fines are paid. See how much youll pay for car insurance for your specific make and model in 2023 in Alabama. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. Alabama car insurance rates in this study are based on our analysis of data and information from the Alabama Department of Insurance and Quadrant Information Services. Below is a breakdown of car insurance companies in Alabama and their average annual premiums. Learn more about what are the minimum liability car insurance requirements by state. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Drivers who are married and 60 years old tend to have the lowest car insurance rates in Alabama, with women paying $1,195 per year on average and men paying an average of $1,245 per year. The average cost of car insurance in Alabama varies considerably based on the drivers age. If youve been arrested for driving under the influence (DUI), your insurance rate will increase. The average car insurance payment in Alabama is $101 per month, according to a study by The Zebra. For assistance, reach out us via contact-us page. Car insurance rates in Alabama by credit score, Alabama car insurance rates by vehicle type, Estimate your car insurance cost in Alabama. CarInsurance.com commissioned Quadrant Information Services to pull rates for a 40-year-old male driving a 2021 Honda Accord LX with a good insurance score and no violation on record for a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductible. Drivers with poor credit pay $2,138 on average for car insurance in Alabama each year. Fran Majidi May 1, 2023 . The company has the highest-rated customer service in the Southeast region, according to the, J.D. This is 61% higher than the average estimate in the state. The cost of auto insurance premiums varies based on the driver profile and the amount of coverage chosen. On the expensive end of the scale, MetLife offers a similar policy for an annual rate of roughly $971. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Military members, veterans and their families should strongly consider USAA coverage for car insurance in Alabama. Sometimes, car insurance rates in Alabama also vary depending on where you live. Our mission is to help you make educated insurance decisions with confidence. Car insurance quotes in Alabama vary greatly depending on various factors, including the type of coverage you choose, coverage limits, your address and personal factors. Below are the Alabama car insurance costs for three different coverage levels. Car insurance costs in Huntsville may be lower than in other cities because the number of losses that result in claims in specific areas can affect auto insurance premiums, according to Dusty Smith, manager of the Consumer Services Division for the Alabama Department . However, Alabama currently ranks 7th overall for the highest number of uninsured drivers, with over 19 percent of the residents driving uninsured. Your IP: While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. To help you determine how much you might pay for car insurance in Alabama, our insurance editorial team which includes three licensed insurance agents analyzed average premium data from Quadrant Information Services for a range of driver profiles. The rate you receive will also depend on your insurance provider. Compare rates and save on auto insurance today! In addition to basic liability coverage, it also provides protection to your automobile. Weve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. The average estimate for 18-year-old Alabama drivers is. The most expensive company is Auto-Owners Group, with an annual average rate of $2,990. What car insurance is required in Alabama? The average cost of car insurance in Alabama is $1,843 per year for full coverage and $441 per year for minimum coverage, which is less than the national average. The most expensive insurance company is Farmers, with an average annual rate of $1,938. Military members, veterans and their families should strongly consider USAA coverage for car insurance in Alabama. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. The second-best option available is, Geico, offering insurance at an average per month cost of $93. Drive with peace of mind when you compare insurance carriers and find the policy thats right for you. A liability coverage of 50/100/50, for instance, includes: On the other hand, comprehensive and collision coverage is included in a full coverage policy. While the average cost of car insurance in Alabama is $1,221 per year, those who have a minimum coverage policy will only pay roughly $613 per year. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Auto insurance rates in Alabama can differ based on the coverage limit. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually. Skip to Content. AM Best financial strength score: A+ Laura is an award-winning editor with experience in content and communications covering auto insurance and personal finance. (2023 Averages) The average cost of car insurance in Alabama is $1,221 per year. . And Nationwide is the best option for Alabama drivers who need a full-coverage insurance policy providing quotes at $1,599. Below are the overall and cost ratings for each provider. We gathered full coverage car insurance quotes from several key players in the state for a 40-year-old driver with a spotless record driving a 2018 Honda Accord. Several factors contribute to this. Just enter your ZIP code into our free tool to see how much you can save. Insurance rates vary greatly across cities, with the lowest rates being found in Dothan, Madison, Decatur, and Huntsville, averaging $1,350 per year and lower. Driver's residing here shell out an average of $1,236 every year for car insurance. Age and gender rates were calculated by evaluating our base profile for males and females with the ages 16-80 (base: 40 years) applied. Insurance Institute for Highway Safety. Typically, youll pay more for three years. It also doesnt cover any of your medical bills if you cause an accident. While it usually is less expensive than a full coverage plan, liability-only insurance does not protect against an accident or theft of the insured vehicle. Few factors impact the price of Alabama auto insurance as much as having a bad credit score. Here is how much your car insurance rate increases in Alabama after driving incidents: But even with a traffic ticket, comparison shopping can save you money. Geico and Auto-Owners Insurance can also be affordable options for motorists. All providers discussed on our site are vetted based on the value they provide. The average car insurance cost in Alabama is $120 per month or $1,442 per year. Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to formulate our rankings of the best car insurance companies. Thats $165 less than the average annual rate of $1,607 in the United States. Keep reading: Nationwide insurance review, J.D. Since all of these factors hold a different weight with each carrier, it is even more important to compare multiple carriers to ensure you are getting the best rate for your financial situation. But averages don't tell the whole story car insurance rates can vary widely from driver to driver and company to company. Nationwide is the cheapest company for seniors, with an average annual rate of $967 for a woman and $1,052 for a man. See the average rates by age group below: Check out our detailed guide on average car insurance rates by age. While Vernon car insurance costs on average $112-$168, Jerry drivers only pay $98. Car insurance costs an average of $147 per month or $1,759 per year At $114 a month, USAA is the cheapest insurance provider on average On average, drivers aged 50-59 pay the least for car insurance The average rate increase for an at-fault accident is about $56 per month North Carolina Ohio Vermont Idaho Maine Florida Louisiana Kentucky Average annual rates for single 25-year-old females are $1,648, while average rates for males the same age are $1,744 per year. Auto-Owners offers the cheapest annual rates for full coverage car insurance in Alabama at $1,601 per year. Ensure you're getting the best rate for your auto insurance. Cloudflare Ray ID: 7d6516e72ea068b6 Being added to your parents insurance is a cheap car insurance option for young drivers. No, Alabama is an at-fault state, where drivers are required to pay for the damages of any accidents they are found to be at fault for. Compensation may impact where the Sponsors appear on this website (including the order in which they appear). The table below shows the average rates for the 25 most populated towns and cities in Alabama. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. . The cheapest car insurance company for 25-year-olds is Geico, with average annual rates of $1,218 for men and women. insurance companies. As you might expect, a moving vehicle violation, such as a speeding ticket or accident, leads to an increase in premiums in Alabama. for full coverage much higher than the rate for good drivers with a clean driving record. Ensure you're getting the best rate. The average cost of car insurance in Alabama is $1,276 per year for full coverage policies and $584 for state-minimum liability insurance. The make and model of your vehicle is one of the biggest drivers of your car insurance premium. However, whats best for someone else might not be best for you. Bankrate follows a stricteditorial policy, so you can trust that were putting your interests first. Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Alabama Rates are weighted based on the population density in each geographic region. What's the Cheapest Car Insurance in Alabama? In Alabama, car insurance costs $7,768 per year for a 16-year-old driver, but only $1,193 per year for a driver aged between 50 and 59. Our research found that the average estimate for full coverage car insurance in Alabama is $1,479 per year, or $123 per month, based on the profile of a 35-year-old driver with good credit and a clean driving record. This is cheaper than the national average of $144 per month, or $1,730 per year. The companys strong financial strength rating shows that its able to reliably cover claims, while its above-average score in the J.D. Better Business Bureau (BBB) rating: A+. The average car insurance rate for a 16-year-old on their own policy is $7,625 a year for full coverage. Bankrates editorial team writes on behalf of YOU the reader. Boost your business with rewards, perks and more. Below are the five largest cities in Alabama by population, along with their average annual premium for full coverage and how it compares to the state average. Youll have to shop around to find providers offering cheap car insurance for drivers with bad driving records. Cheapest car insurance in Alabama for 2023 Geico, Allstate and Travelers offer low average car insurance rates in Alabama, according to our research. Learn more about getting car insurance in Alabama, including coverage requirements and minimums. Below youll see the average annual car insurance cost of major cities in Alabama. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout lifes financial journey. For example, drivers in Birmingham pay an average of $118 per month for car . This is why drivers are required to carry liability insurance in Alabama. Insurers must offer you the coverage but you can decline in writing if you dont want it. In 2020-2021, the average cost of a Progressive liability-only auto policy (single driver/single car) in Alabama was $83 per month. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits: To determine minimum coverage limits, Bankrate used minimum coverage that meets each states requirements. If you are just beginning to drive, prepare to dig deep to pay for car insurance. The most expensive car insurance company is Farmers, with average annual rates of $2,940. Alabama: $1,809 : $497 : 25/50/25 . 18-year-old males have the highest average premium of any age and gender we analyzed, at $6,752 per year for full coverage. How much is insurance in the Yellowhammer State? The cheapest car insurance company for high coverage is Nationwide, with an average annual rate of $1,175. : Auto insurance rate estimates generated by Quadrant Information Services and discount opportunities were both taken into consideration. What is the cheapest car insurance company in Alabama? How credit affects insurance premiums. Accessed January 2023. We only ask for info that can impact your rate so we can share accurate and personalized offers. If you have a teen driver, for example, the cheapest company for you may be different from someone without the added risk. The information on this site does not modify any insurance policy terms in any way. Editorial Integrity - Why you should trust us? We calculated rates using data for up to six large carriers. The average annual cost is $1,007 while the average cost per month is $84. Get a quick estimate to make sure you're not overpaying. Motorists who get caught going too fast in the Yellowhammer State pay an average rate of. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions. Typically, as you get older, your premiums can decrease, as you can see with these average full coverage premiums. Depending on where you live, your car insurance premium may be higher or lower than Alabamas annual average of $1,221. For those who are eligible, USAA tends to offer the cheapest full coverage insurance for 17-year-old drivers in Alabama at an estimated $2,804 per year, or $234 per month. The company has the highest-rated customer service in the Southeast region, according to the J.D. Get a quote online today. State Farm has the cheapest car insurance in Dallas with rates from $42 per month for minimum coverage. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. The cost of full . Whether youre new to the state and looking for auto insurance coverage, or youve lived in Alabama for years and want to find how much car insurance costs in Alabama, you can find the information you need here. BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. However, whats best for someone else might not be best for you. There are several ways to save on car insurance in Alabama, some of which require little to no time or effort to access the savings. The average rate estimate for 16-year-old drivers in Alabama is $6,425 per year, or $535 per month. Get free personalized quotes with one simple form. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations. Required liability coverage to drive legally in your state; some states mandate additional coverage, such as personal injury protection, uninsured motorist, underinsured motorist. The MarketWatch Guides Team is committed to providing reliable information to help you make the best decision possible about insuring your vehicle. Teen drivers have some of the highest rates on average in Alabama. Insurance companies research each areas risks and then use that knowledge to determine what they can charge for premiums. Texas is the second most expensive state for homeowners insurance after Oklahoma, with the average cost being $3,875 per year, or about $323 per month, according to NerdWallet. Average Car Insurance Costs in Alabama . We collected data on dozens of auto insurance providers to grade the companies on a wide range of ranking factors. This way you can tell if your quotes are too high and if you should keep shopping for a lower rate. than the average rate estimate in the state. If you purchase a state minimum liability-only plan, itll cost you roughly $613 per year. The table below shows the average full coverage premium for each of these incidents, as well as how much the premium increases from the states average rate with a clean driving record. This status comes with significantly higher premiums, which reach an average of $2,287 per year in Alabama. AutoInsureSavings.org licensed experts reviewed the top insurance providers in Alabama and found Travelers provides the cheapest car insurance for minimum coverage at $465 annually or $39 per month. Compare Rates Ensure you're getting the best rate. Power regional rating: 843/1,000 46.105.121.29 rates from multiple providers to see which one offers the best coverage and prices. We reduce industry jargon so you get the clearest form of information possible. She also focuses on ensuring that Bankrates insurance content represents and adheres to the Bankrate brand. Nationwide and Geico also offer affordable car insurance options for Alabama motorists. If you purchase a full coverage policy from Nationwide, the most expensive insurer for full coverage in Alabama, itll cost you $1,814 on average. Advertised example rates are returned based on the driver's self-reported data, by comparing their current reported premium against their new policy premium, and the driver meeting certain criteria. According to the Alabama Department of Insurance, insurance is required in the amount of: An uninsured motorist policy isnt required but can protect you if youre in a collision with someone who doesnt have insurance and theyre found to be at fault. AM Best financial strength score: A++ You have money questions. Its best to know how much drivers with a similar profile pay on average for car insurance in Alabama. In that case, you need at least $30,000 in bodily injury coverage per person per accident, $60,000 in bodily injury to more than one person per accident and $25,000 in property damage per accident. To cover these situations, consider adding: can all be great options for car insurance in Alabama. The difference could be as much as $1,839. Cheap Auto Insurance in Alabama: The Bottom Line. One area might have a higher risk of accidents or higher cost of living, which raises rates, while another area might have a lower risk of accidents or lower cost of living, which results in lower rates. Car insurance in Alabama costs around $120 a month on average for a full coverage policy with limits of 100/300/100. But state minimum coverage isnt much protection for drivers. Luckily, there are ways for high-risk drivers to reduce the amount they must pay for premiums. Coverage.com may not offer insurance coverage in all states or scenarios. Cookie Notice. The offers that appear on this site are from companies that compensate us. This website is using a security service to protect itself from online attacks. Car insurance for first-time drivers may also be more expensive since providers also look at experience behind the wheel.
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