Cheapest car insurance companies in Altoona
A recent data analysis by Insurance.com found the cheapest car insurance companies are Travelers and State Farm in Altoona for 2023.
In Altoona, Travelers provides the cheapest auto insurance rates to drivers at an average annual premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods. of $1,075 annually.
Car insurance costs may vary in Altoona based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Altoona.
| Companies | Average annual rates |
|---|---|
| Travelers | $1,075 |
| USAA | $1,116 |
| State Farm | $1,186 |
| West Bend Mutual | $1,196 |
| Auto-Owners | $1,346 |
| IMT Insurance | $1,377 |
| Progressive | $1,385 |
| Geico | $1,403 |
| Iowa Farm Bureau | $1,508 |
| Allstate | $1,985 |
| Grinnell Mutual | $2,275 |
Cheapest car insurance cost in Altoona by Age Group
IMT Insurance stands out as Altoona's cheapest auto insurance company for teen drivers at an average annual of $2,780. Insurance providers classify teenagers as high-risk drivers, and that's why they typically face increased insurance costs compared to other age groups.
However, teen drivers who maintain good grades or stay on their parent's policy can qualify for significant insurance discounts.
Among the carriers analyzed, Travelers is the cheapest car insurance option for young drivers in Altoona, at $1,743 a year for a full coverage policy.
For Altoona drivers entering their 30s, car insurance becomes significantly more affordable compared to their younger years. Travelers provides the cheapest car insurance premiums, offering full coverage policies at $1,100 annually.
If you are a senior driver in Altoona and looking for a cheap car insurance company, then consider buying insurance from USAA. It is the cheapest auto insurance company for senior drivers, with an average premium of $1,091 per year.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| IMT Insurance | $2,780 | $2,029 | $1,393 | $1,318 |
| USAA | $3,151 | $1,843 | $1,143 | $1,091 |
| State Farm | $3,426 | $1,985 | $1,191 | $1,125 |
| Travelers | $3,674 | $1,743 | $1,100 | $1,101 |
| Auto-Owners | $3,675 | $2,397 | $1,349 | $1,300 |
| Geico | $3,762 | $2,209 | $1,411 | $1,312 |
| Iowa Farm Bureau | $4,361 | $2,467 | $1,428 | $1,368 |
| West Bend Mutual | $4,466 | $2,250 | $1,192 | $1,217 |
| Progressive | $4,695 | $2,388 | $1,419 | $1,239 |
| Grinnell Mutual | $5,378 | $3,508 | $2,225 | $1,924 |
| Allstate | $7,153 | $3,131 | $2,052 | $1,960 |
Cheapest car insurance companies in Altoona by driver profile
Insurers in Altoona consider various factors, including driver profile, to calculate car insurance premiums. You can expect to pay significantly higher rates if you have a history of accidents or traffic citations on your driving record. On the other hand, those with a clean driving record enjoy more affordable coverage.
It's important to compare insurance quotes from at least three carriers to find the cheapest insurance company in Altoona that suits your budget.
Here's a list of car insurance companies that offer cheap insurance rates in Altoona based on driver profile.
- Cheapest for a driver with poor credit: Nationwide
- Cheapest for a driver with a speeding ticket: State Farm
- Cheapest for accident: State Farm
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Nationwide
If you're a Altoona driver with poor credit, Nationwide is the cheapest car insurance company for you, based on Insurance.com's in-depth data analysis. It offers a full-coverage car insurance policy at an average cost of $1,196 annually.
Drivers with poor or bad credit scores in Altoona can consider the following car insurance companies to get the affordable car insurance coverage.
| Company | Average annual rates |
|---|---|
| Nationwide | $1,196 |
| Geico | $1,379 |
| Travelers | $1,581 |
| USAA | $1,712 |
| State Farm | $2,114 |
| Farmers | $2,139 |
| Allstate | $2,280 |
| Progressive | $3,037 |
Cheapest for drivers with a speeding ticket: State Farm
State Farm offers the cheapest auto insurance rates for drivers with a speeding ticket in Altoona. It offers full coverage car insurance for drivers aged 30 at about $902 per year.
Finding the right car insurance company is all about individual needs. Take the time to compare quotes from different carriers and secure the best deal. With careful analysis, you can find an insurance company that provides the best rates and coverage tailored to your specific needs.
| Company | Average annual premium |
|---|---|
| State Farm | $902 |
| USAA | $1,274 |
| Nationwide | $1,305 |
| Travelers | $1,478 |
| Geico | $1,568 |
| Allstate | $1,706 |
| Farmers | $1,951 |
| Progressive | $2,320 |
Cheapest auto insurance after an at-fault accident: State Farm
State Farm is the cheapest auto insurance provider for drivers with a history of accidents. Its average annual rate for a driver with an at-fault accident in Altoona is $968. If you've had an accident in the past, it's important to find a provider that offers rates that are affordable and won't hurt your pocket.
| Company | Average annual rates |
|---|---|
| State Farm | $968 |
| Nationwide | $1,485 |
| Travelers | $1,507 |
| USAA | $1,704 |
| Geico | $1,715 |
| Farmers | $2,257 |
| Allstate | $2,323 |
| Progressive | $2,993 |
Cheapest auto insurance after a DUI: State Farm
In Altoona, State Farm has the cheapest car insurance rates for individuals with DUI on their record. The company provides a full coverage policy at an average cost of $902 a year.
A DUI conviction can significantly affect your auto insurance rates. However, to keep your coverage rates low, it is important to compare quotes from various insurers before renewing or purchasing a new policy. Doing so ensures you get the most competitive rate for your situation.
| Company | Average annual rates |
|---|---|
| State Farm | $902 |
| Travelers | $1,846 |
| USAA | $1,846 |
| Geico | $1,860 |
| Nationwide | $2,111 |
| Farmers | $2,320 |
| Progressive | $2,345 |
| Allstate | $2,446 |
Average car insurance cost in Altoona
In Altoona, the annual cost of car insurance for the coverage level of 100/300/100 is $1,441 or around $120 per month. However, the average yearly rate for state minimum coverage in Altoona is $300.
Choosing full coverage insurance may mean a higher policy cost compared to the state minimum, but it offers better protection. It provides liability coverage as well as
| Average annual Rates | State minimum average |
|---|---|
| $1,441 | $300 |
Methodology
Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:
- 40-year-old male driver
- Honda Accord LX
- 12-mile daily commute, 10,000 annual miles
- Good credit
- Clean record
While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage per accident
- $500 comprehensive and collision deductible
Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.
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