Alabama Auto Insurance

Auto insurance can be an expensive budget item but there are some things you can do to reduce this cost.

One thing you can do in the state of Alabama is maintain a good credit score.  Alabama allows insurance companies to look at your credit history when determining your risk factors for premium rates.  The insurance companies see a good credit rating as a sign of responsibility.  They use this information to determine how often you can pay your premiums and how much your premiums will be.  Your payment options can be monthly, quarterly, or semi-annually.  If your credit rating isn’t good, you may be asked to pay the for either six months or a year of insurance up front.  On the other hand, if your credit rating is good, you will have more payment options and your premiums will be lower.

Another method of reducing the cost of your auto insurance involves the type of vehicle you drive.  Vehicle with high safety ratings and family vehicles are cheaper to insure than sports cars or vehicles with poor safety ratings.  The age of the driver, their gender and marital status will also have an affect on premiums.  If you have teenage drivers, putting them through an approved driver training course and seeing that they maintain good grades will help to reduce auto insurance premiums.

Your driving record will also affect your auto insurance premiums.  Speeding tickets and reckless driving citations mark you as a high risk to insurance companies.  Past accidents are also red flags to auto insurance companies.  Maintaining a clean driving record can reduce your premiums.  Furthermore, the area where you live and work, and the miles you put on your car each year along with the volume of traffic in your driving area will also play a factor in your premiums.

Proof of prior insurance coverage can also reduce your premiums.  Of course this will only help if you left that company in good standing.  If you are a first time car owner, the prior insurance issue should not be a factor when seeking auto insurance for the first time.  Something else to consider when buying liability insurance is to purchase more than the minimum required by the state.  Auto insurance companies may give you a premium break for this.

There are several insurance companies which have been approved and licensed in the state of Alabama.  The average car insurance premium is around $684.00.  Alabama has the 37th highest premium rates in the nation.  Sixteen major auto insurance companies operate in the state of Alabama.  Their rates vary according to age, marital status, and gender.  For example, a 60 year old, married, female will have the lowest premiums while the 18 to 21 year old, single, males will have the highest premiums.

The major auto insurance companies in the state of Alabama are Alpha Mutual General Insurance Company, Alpha Mutual Insurance Company, Allstate Property and Casualty Insurance Company, Farmers Insurance Exchange, Garrison Property and Casualty Insurance Company, Mid-Century Insurance, Nationwide General Insurance Company, Progressive Direct Insurance Company, Progressive Specialty Insurance Company, State Farm Fire and Casualty Company, State Farm Mutual Automobile Insurance Company, Travelers Commercial Insurance Company, Travelers Home and Marine Insurance Company, United Services Automotive Association, USAA Casualty Insurance Company, and USAA General Indemnity Company.

The table below shows a sampling of auto insurance premiums for the Camden, Alabama area by age group and gender for each company listed.  The prices are estimates of cost before any discounts are applied.

AUTO INSURANCE PREMIUMS ESTIMATE, CAMDEN, ALABAMA

Company                 F:  S:  60   M: M: 30   F: S: 18   F: 21:  21   F:  S:  48     M: S: 18     M: S: 21
Alfa Mutual General Ins. Co.$306.53   $452.29   $1018.46   $819.40     $659.36     $1503.10     $1067.12
Alfa Mutual Ins. Co.       $306.53   $452.29   $1018.46   $791.41     $659.36     $1503.10     $1030.32
Allstate Property &          $232.66   $340.53     $939.59   $1159.47     $495.93     $1192.21     $1396.90
Casualty Ins. Co.
Farmers Insurance Co.      $637.66   $733.30   $3250.00   $2466.20     $2073.10     $5435.90     $4783.30
Garrison Property &        $2254.27   $327.49   $1050.58   $692.35       $650.35     $1231.69     $805.64
Casualty Ins. Co.
Mid-Century Insurance     $693.80   $821.60   $1670.60   $1591.80     $1007.80     $2697.80       $3357.60
National General           $512.90   $4656.40   $2585.20   $2003.40     $920.70     $3302.30       $2295.30
Insurance Co.
Progressive Direct         $349.00   $400.00   $2555.00   $1429.00     $1038.00     $3192.00       $1820.00
Insurance Co.
Progressive Specialty       $436 .00   $531.00   $2446.00   $1545.00     $1248.00     $2861.00       $1897.00
Ins. Co.
State Farm Fire &          $322.92   $558.26   $1466.68   $1764.58     $866.65     $1958.80       $2138.49
Casualty Ins. Co.
State Farm Mutual         $295.30   $512.60   $1129.58   $900.91     $790.30     $1510.39       $1099.87
Automobile Ins. Co.
Travelers Commercial       $490.00   $589.00   $2120.00   $1690.00     $1442.00     $3183.00       $2352.00
Ins. Co.
Travelers Home &          $511.00   $615.00   $2229.00   $1776.00     $1516.00   $3348.00       $2471.00
Marine Ins. Co.
United Services             $235.06   $290.73   $875.45   $602.54     $589.67     $1025.11       $700.15
Automotive Association
USAA Casualty             $232.86   $297.76   $958.92   $627.27     $594.55     $1122.03       $727.85
Ins. Co.
USAA General             $342.63   $425.28   $1501.72   $994.11     $902.68     $1761.39       $1155.88
Indemnity Co.