Cheap Car Insurance for a 20 Year Old Male in Alabama

Because the topic is car insurance, the word “cheap” should not be used anywhere in the article to describe car insurance rates. Please forgive the oxymoron, but cheap car insurance for 20 year old guys is almost non-existent. Don’t let that ruin your day, because we can show you some ways you can find coverage that you can afford to pay for.

For young men, one of the largest factors that determine the price you pay for insurance is where your car is garaged in Alabama. Cities with larger populations or higher claims like Birmingham, Mobile, and Montgomery tend to have higher rates, whereas areas with lower crime rates and fewer weather claims have the benefit of cheaper auto insurance prices.

The next table rates the priciest cities in Alabama for 20 year old guys to buy auto insurance in.

Information shown are approximated as the garaging address in Alabama can increase or decrease coverage rates substantially.

Comparing rates for low-cost car insurance is not most people’s favorite thing to do, and determining which company offers the lowest-priced auto insurance rates for 20 year old guys involves even more shopping around. Insurance rates may be quite a bit higher than the average policy in Alabama, with the higher price attributed to the potential for more claims associated with selling coverage for young men, but affordable insurance should be obtainable if you look hard enough. Every auto insurer has their own process to establish rates, so we need to take a look at the auto insurance companies that tend to be cheaper in Alabama.

Keep in mind that Alabama auto insurance rates are determined by lots of factors which can substantially change your annual premium. Events like a birthday, having a claim, or getting a couple of tickets can produce rate changes that can cause some rates to be more expensive than competitors.

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Cincinnati Insurance offers some of the cheapest car insurance rates in Alabama at around $812 a year. Travelers, USAA, GEICO, and Country also are some of the lowest-priced Alabama auto insurance companies.

In the above rates, if you are insured with USAA and switched to Cincinnati Insurance, you could see yearly savings of around $92. Insureds with GEICO might save as much as $207 a year, and Country customers might cut rates by $359 a year.

Remember that these prices are averaged across all types of drivers and the different vehicles they drive and do not factor in a price surcharge for 20 year old guys. So the auto insurance company that is best for you may not even be shown in the rate chart shown above. That helps illustrate why you need to compare rates from multiple companies using your own driver data and vehicle information.

The make and model of vehicle needing coverage is a large consideration that determines the availablility of cheap auto insurance for 20 year old guys in Alabama. Vehicles with lots of speed or power, poor safety features, or a track record of large liability claims will cost quite a bit more to insure than more economical and safe models.

The table below showcases auto insurance costs for the most budget-friendly automobiles to insure in Alabama.

Premium data assumes single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Alabama minimum liability limits. Discounts applied include safe-driver, and claim-free. Table data does not factor in vehicle location which can affect insurance rates significantly.

Based upon the table data, you can figure that cars like the Honda Accord, Ford Escape, Honda CR-V, and Honda Odyssey will be some of the more affordable vehicles to insure for young men. Car insurance rates will be more costly just because there is more liability risk for 20 year old guys, but generally speaking those makes and models will tend to have the least expensive rates compared to other types of vehicles.

Cost difference between full coverage and liability

Finding cheap auto insurance for 20 year old guys in Alabama is probably important to the majority of vehicle owners, and one of the easiest ways to find cheap insurance is to not buy comprehensive and collision coverage. The information below visualizes the comparison of insurance rates with liability coverage only compared to full coverage. The premium estimates are based on a clean driving record, no claims, $1,000 deductibles, marital status is single, and no discounts are taken into consideration.

As an average for all age groups, comp and collision coverage costs an additional $1,889 per year more than just buying liability only. That amount may make you wonder if buying full coverage is a good investment. There is no clear-cut formula of when to phase out physical damage insurance, but there is a general school of thought. If the yearly cost for physical damage coverage is more than around 10% of the replacement cost minus the deductible, then you might consider buying liability only.

Find cheap auto insurance for 20 year old guys in Alabama

Below you’ll find a few thrifty solutions that can help drivers quote low-cost auto insurance.

• Increase the comprehensive and collision deductibles on your policy
• Violations and traffic tickets increase rates
• Improve your credit score
• Accident-free drivers may qualify for discounts
• If your vehicles are older, consider dropping full coverage
• Safe vehicles generally have lower rates
• Shop around for cheaper rates regularly

The last item on the list is extraordinarily significant, as we noted in this write-up. Prices can change significantly in a year, so don’t be hesitant to switch to a new company if a lower price can be found.

Having brand loyalty is commendable, but is isn’t recommended if your bullheadedness ends up costing you potentially thousands of dollars a year. In just a few minutes you could compare rates to find cheaper car insurance for 20 year old guys.

Best cheap insurance quotes for young men

Due to technology, there are many ways to buy auto insurance in Alabama, but the most common are through an exclusive insurance agency such as Allstate or State Farm, an independent or non-exclusive agent, or direct either online or via phone. They all have the same basic principle, but auto insurance shoppers should know the differences in how they work.

Independent insurance agencies write business for many companies and can do rate comparisons with every one. They do not work for one specific company and can get prices from more than one company, which may provide you with the best shot at cutting your rates. If your agent finds a cheaper company, your policy can be moved and you don’t have to find a new agent.

An agent who is captive is only able to give rates for a single insurance company, two examples are State Farm and Auto-Owners agents. These guys and gals cannot compare rates from other companies, so it’s a good idea to shop around.

The last way is buying direct, which means you forego a local insurance agent and instead buy direct either online or via phone. This option may be the best choice families who have lower risk management needs and know more than average about what coverage limits and deductibles they need.

What is the best way to find cheap auto insurance for 20 year old guys in Alabama? Most people assume that shopping direct results in the best prices because you bypass the middleman, but that is not always the case. It could also be said an independent agent is the best way to go since there are more companies to choose from, but that assumption is also not necessarily accurate. In many cases, exclusive agents may have prices that are well below what direct and independents offer.

Because there are so many factors that make up auto insurance rates, the only real way to ensure you are not overpaying is to get quotes and compare the rates. It’s a good idea to get price quotes all three ways to have a good selection of rates to choose from. For a list of companies with cheap rates in Alabama, click here to view.