Best Cheap Insurance for Drivers with Good Credit in Alabama

The words “bargain” and “insurance” really shouldn’t be used in the same sentence, in particular when searching for the best coverage prices for drivers with good credit. Let’s learn about some things that have an effect on car insurance rates, and figure out some ideas to reduce the price of the next policy you buy.

One of the key things that car insurance companies use to determine the cost of insurance is your zip code in Alabama. Regions with larger populations or more claims like Birmingham, Bessemer, and Homewood are more likely to have higher rates, whereas areas with less people or fewer weather incidents generally benefit from lower car insurance rates.

The illustration below shows the most expensive places in Alabama for drivers with good credit to buy an auto insurance policy in.

Rates are approximated as specific Alabama garaging address can revise coverage rates considerably.

Comparing rates for budget car insurance is difficult, and deciding which insurers offer the most affordable insurance rates for drivers with good credit will require additional perseverance. Insurance prices will most likely be somewhat lower than the average price in Alabama, with the lower cost attributed to the potentially lower risk that goes along with selling insurance for financially responsible drivers. Economical insurance should be easily found from many insurers.

Every car insurance company has a different process for establishing rates, so first we will examine the insurance companies that tend to have lower prices in Alabama. It’s important that you understand Alabama insurance rates are influenced by many factors that may substantially change the price of coverage. This is why it is important to shop around with many companies when trying to get affordable auto insurance rates for drivers with good credit. Insurance rates are influenced by many risk factors and change dramatically, so the cheapest company a year ago may now be an over-priced policy.

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Travelers may have some of the most affordable car insurance rates in Alabama at around $791 per year. Cincinnati Insurance, USAA, GEICO, and Auto-Owners also make the cut as some of the lowest-priced Alabama car insurance companies.

As depicted above, if you currently have coverage with GEICO and switched to Travelers, you might realize a yearly savings of in the vicinity of $239. Alabama drivers with Auto-Owners may save as much as $379 a year, and Safeway customers might cut rates by $379 a year.

If you want to see how much you could save, click here or click through to the companies below.

Be aware that those rates are averaged across all types of drivers and the different vehicles they drive and are not factoring in a price decrease for drivers with good credit. So the car insurance company that can offer you the best rate may not even be included in the list of companies above. That points out the importance of why you need to compare rates from multiple companies using your own personal information and vehicle type.

Everyone has different tastes in autos, and the style of vehicle that is being insured is probably the biggest factor that determines the availablility of the best cheap insurance for drivers with good credit in Alabama. Vehicles with lower acceleration and performance, modern passenger safety features, or a positive history of liability claims will cost much less to insure than high performance models. The lists below ranks insurance rates for a number of the most economical automobiles to buy insurance for.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alabama minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium amounts do not factor in your specific Alabama location which can affect rates noticeably.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alabama minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Table data does not factor in zip code location which can affect coverage prices considerably.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alabama minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Estimates do not factor in zip code location which can decrease or increase coverage prices noticeably.

Get discounts on Alabama car insurance

Insurance companies that sell the best cheap insurance for drivers with good credit in Alabama could also offer price discounts that could reduce prices by as much as 40% or more if you are eligible to receive them. Large insurance companies and some of their more popular discounts are included below.

The chart below shows the comparison of yearly insurance costs with and without discounts applied. The price estimates are based on a male driver, a clean driving record, no at-fault accidents, Alabama state minimum liability limits, comp and collision included, and $1,000 deductibles.

The first bar for each age group shows the average rate with no discounts. The second shows the rates with claim-free, safe-driver, multiple vehicle, anti-theft, homeowner, and vehicle safety discounts applied. With discounts applied, the average savings per year on insurance for drivers with good credit is % or $.

Cheapest car insurance: Progressive, State Farm, Allstate, or Geico

When it comes to car insurance, four companies to take a look at are Progressive, State Farm, Allstate, and Geico. Combined they have over 48% of all policies written in the United States. All four offer physical damage and liability coverage, but each has slightly different options that you can select from. The following table breaks down price and claims rank as well as some different options .

How to find cheaper auto insurance for drivers with good credit

The list below summarizes some of the recommended money-saving solutions that can help Alabama drivers find cheaper coverage.

• Drive safely
• Buy vehicles with five-star safety ratings
• Raise deductibles to save money
• Do not pay for comprehensive and collision coverage on older vehicles
• At-fault accidents can raise rates significantly
• Clean up your credit
• Shop around once a year for cheaper rates

That final tip is remarkably crucial, as we pointed out in this article. Auto insurance prices in Alabama change constantly, so don’t be hesitant to buy a different policy if a more affordable price is available.

Many drivers have brand loyalty and that’s fine, but it isn’t a good idea if that dedication is costing money that could be used for better things. Take a couple minutes and shop around to find cheaper car insurance for drivers with good credit.

Best cheap insurance quotes for financially responsible drivers

There are many different ways to compare insurance prices in Alabama, but the most popular ways are from a non-exclusive or independent agent, a captive (or exclusive) agent like State Farm or Auto-Owners, or from a direct company like Geico or Progressive. You can use whichever method you prefer, but buyers need to know the differences in how they work.

Independent agents work with multiple companies and can do rate comparisons with all of them. These types of agents are not restricted to one company and can provide you with more rates, which can give you the best shot at cutting your rates. If premiums increase, your policy can be easily switched to a different company and you don’t have to do anything.

An agent who is captive is restricted to a single company, for example Liberty Mutual and Allstate agents. Exclusive agencies are unable to quote rates from more than one company, so if the price isn’t competitive there isn’t much they can do.

If you want to buy insurance direct, you bypass a local insurance agent and buy from a direct company like Geico. Buying insurance direct can be a good choice for families who do not need high amounts of coverage and have some degree of understanding of the limitations of their policy.

When shopping for insurance, which way works best for finding the best cheap insurance for drivers with good credit in Alabama? The quick answer would be shopping direct saves the most money because there are no middleman commissions, but unfortunately, that is not always true. A valid argument could also be made that buying from an independent agent saves the most money because they can shop around, but that assumption is also not necessarily accurate. In some circumstances, exclusive agents have really good rates that are well below what direct and independents offer.

Because there are so many factors that make up insurance rates, the only true way to get rock-bottom rates is to compare rate quotes from as many companies as possible. Money-saving experts recommend you get price quotes from independent, exclusive, and direct to have a good selection of rates to choose from. For a list of companies offering online discounts in Alabama, click here to view.