Alabama drivers typically pay an average estimate for full coverage car insurance at $1,479 annually or approximately $123/month; that’s 15% lower than the national average of $1,730 annually. Minimum liability coverage typically costs an average of $472 annually or approximately $40 monthly compared to national figures of $635 annual premiums.
Not only can your driving history and claims record impact the cost of Alabama auto insurance premiums; other factors can have an effect as well, including your age, gender, credit history, marital status, annual mileage driven and type of vehicle used. A good credit score can help secure lower premiums; poorer scores tend to result in higher premiums. Furthermore, certain vehicles such as luxury cars typically come with greater replacement and repair costs that necessitate additional protection; leading to an increase in premium.
Drivers can save by shopping around for car insurance rates from top providers and taking advantage of available discounts. Good drivers may qualify for safe driver discounts, student discounts, military discounts, senior discounts or even home ownership discounts – other ways include lowering coverage limits, choosing cheaper vehicles and cutting down annual mileage driven. Drivers should also avoid incurring more costs by maintaining continuous coverage without letting their policy lapse!
WalletHub compares the car insurance rates of major insurers in Alabama for different driver profiles to determine who offers the best car insurance deals. Rankings take into account factors like likelihood of at-fault accidents or traffic violations, credit rating and driving record to rank these policies accordingly. Country Financial offers cheaper auto insurance for mature drivers in Alabama while Direct Auto & Family offers cheaper policies for young drivers. Married couples generally pay less for coverage in Alabama than single individuals and those over 55 can often save hundreds by shopping around for prices.
Liability coverage in Alabama provides compensation for medical costs and property damages to other drivers involved in an accident; however, coverage limits only go as high as $50,000 per person and $25,000 per vehicle involved in an incident. If you want additional protection, comprehensive and collision insurance provides that will cover damages from car accidents, theft and natural disasters. However, comprehensive coverage costs more – as evidenced by its 161% higher price in Alabama than liability-only. Still, many drivers value having comprehensive and collision coverage to give themselves peace of mind. Before making your choice, it’s essential that you shop around and evaluate all available policies before selecting one. Our car insurance calculator above can help with this by showing Alabama’s top providers’ rates against your own and helping you select a policy with one that best meets your needs.