Alabama drivers can expect an annual minimum cost of car insurance of $492 and full coverage costs $1,656 respectively. When shopping around and taking advantage of discounts available to them, drivers can often find more affordable rates by comparing options and taking advantage of discounts such as age, driving history and credit scores influencing prices as well as by changing coverage amounts and types as well as lowering deductibles; bundling car and home policies together as well as receiving good student, safe driver or veteran discounts could help to reduce premium costs further. Insurers adjust rates depending on local risk factors; accordingly you may pay more or less depending on which county your insurers decides on pricing compared with neighboring counties depending on localized risk factors than elsewhere in Alabama.
Age is one of the primary determining factors when it comes to car insurance premiums, especially among younger drivers who tend to pay more due to less experience and having higher accident rates than older drivers. But as they mature and become safer drivers, their premiums tend to decrease with age. Alabama follows this trend; drivers aged 30-60 experience lower average auto insurance costs while teen drivers have some of the highest car insurance premiums in the state. Teen drivers are four times more likely to get into an accident than adults, which makes insurers view them as high-risk group to insure. However, as teens transition out of this high-risk category and out of the high-risk category altogether, their rates can begin to decrease as rates become more affordable with insurance providers offering discounts to attract younger drivers to sign up – COUNTRY Financial and USAA have the lowest average rates in Alabama for teenage drivers.
Drivers’ past accidents and traffic violations have an immense effect on car insurance prices; the exact degree varies by insurer as each assesses risk differently based on data they possess as well as feedback provided from policy buyers. Typically, more at-fault accidents or traffic violations a driver has on their record will lead to higher premiums than otherwise.
While Alabama law permits drivers with only liability coverage to drive, experts strongly advise purchasing more than the minimum state requirement. Additional coverage could help cover repairs and medical bills after an accident that you cause as well as providing uninsured/underinsured motorist protections.
Insurance carriers charge different premiums for different policy types, deductibles and coverage levels. To compare rates and select the ideal car insurance plan for you, Insurify’s tool lets you get quotes from top companies in your area based on your unique driver profile – location, vehicle model and driving history are just a few details that go into creating quotes tailored specifically to you.
When shopping for car insurance, make sure you compare rates based on a similar coverage level and deductible. Your quotes should reflect a 2015 Honda Civic EX with minimum coverage and a $500 deductible, according to Insurify’s top picks in Alabama – State Farm, USAA and Auto-Owners have earned themselves some of the lowest minimum-coverage rates within their states, boasting high IQ scores as well as above-average JD Power ratings – some of the most affordable insurers out there