Cheapest car insurance companies in Bessemer
After an in-depth analysis, Insurance.com found that Nationwide and Travelers are the cheapest car insurance companies in Bessemer for 2023.
Nationwide offers the cheapest car insurance premium for Bessemer drivers at an annual rate of $1,340 a year, on average.
When it comes to car insurance costs in Bessemer, several factors come into play. Your location, driving record, coverage level, and the insurance company you choose can all affect the price you’ll pay. Make sure you shop around and compare policies apples to apples to get a good deal on your insurance policy.
| Companies | Average annual rates |
|---|---|
| Nationwide | $1,340 |
| Travelers | $1,503 |
| USAA | $1,517 |
| Geico | $1,809 |
| Country Financial | $1,825 |
| State Farm | $2,009 |
| Auto-Owners | $2,210 |
| Allstate | $2,260 |
| Progressive | $2,648 |
| Farmers | $2,842 |
Cheapest car insurance cost in Bessemer by Age Group
Country Financial offers the cheapest full coverage car insurance for teenage drivers in Bessemer, with an average annual cost of $3,685 per year. Insurance companies deem teenagers as "high-risk" drivers due to their inexperience and statistically higher accident rates. This elevated risk profile translates to significantly higher car insurance costs for young drivers compared to their older counterparts.
However, teen drivers can keep their insurance rates low by taking advantage of the good student discount or by staying on their parent's car insurance policy for as long as possible.
Nationwide is the cheapest car insurance company for young adults. It offers full coverage auto insurance for young drivers in Bessemer at about $2,281 per year.
Drivers in Bessemer stepping into their 30s can expect a substantial drop in car insurance costs compared to their younger counterparts. Nationwide has the cheapest car insurance rates for a full coverage policy for adult drivers, averaging $1,327 a year.
Nationwide is the cheapest option for senior drivers in Bessemer, with an average premium of $1,244 a year, significantly lower than most competitors, based on Insurance.com's in-depth data analysis.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Country Financial | $3,685 | $2,613 | $1,853 | $1,726 |
| USAA | $4,364 | $2,408 | $1,563 | $1,595 |
| Travelers | $4,851 | $2,372 | $1,536 | $1,563 |
| Nationwide | $4,921 | $2,281 | $1,327 | $1,244 |
| Geico | $4,952 | $2,595 | $1,798 | $1,769 |
| State Farm | $5,775 | $3,345 | $2,023 | $1,952 |
| Auto-Owners | $6,291 | $3,832 | $2,251 | $2,347 |
| Allstate | $8,091 | $3,303 | $2,245 | $2,365 |
| Progressive | $11,907 | $4,325 | $2,654 | $2,649 |
| Farmers | $12,322 | $3,598 | $2,691 | $2,952 |
Cheapest car insurance companies in Bessemer by driver profile
Driver profile is one of the many factors that insurers take into account to determine car insurance premiums in Bessemer. Drivers with a history of accidents or traffic citations on their record can expect significantly higher costs than those with a clean driving record.
To find the cheapest car insurance company in Bessemer, it's important to compare auto insurance rates from multiple providers. This way, you can find the best deal that meets your needs and budget.
Based on data analysis by Insurance.com's experts, these are the cheapest car insurance companies for Bessemer drivers based on driver profile.
- Cheapest for a driver with poor credit: Nationwide
- Cheapest for a driver with a speeding ticket: USAA
- Cheapest for accident: Nationwide
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Nationwide
Nationwide has the cheapest rates for Bessemer drivers with poor credit looking for affordable auto insurance. At an annual cost of $1,502, Nationwide offers substantial savings among the insurers analyzed.
Below is a list of carriers that offer car insurance at an affordable rate for drivers with poor or less-than-perfect credit scores.
| Company | Average annual rates |
|---|---|
| Nationwide | $1,502 |
| Geico | $2,060 |
| USAA | $2,156 |
| Travelers | $2,398 |
| Allstate | $2,778 |
| Farmers | $3,742 |
| Progressive | $3,923 |
| State Farm | $6,151 |
Cheapest for drivers with a speeding ticket: USAA
Based on recent data analysis, 30-year-old drivers in Bessemer with speeding tickets on their driving record can get the cheapest car insurance rates from USAA at an annual cost of $1,450.
Finding the cheapest car insurance isn't a one-size-fits-all scenario. What may be the most cost-effective option for you might not be the same for someone else. That's why you should compare car insurance quotes from multiple carriers.
| Company | Average annual premium |
|---|---|
| USAA | $1,450 |
| Nationwide | $1,498 |
| Allstate | $1,888 |
| Travelers | $2,034 |
| State Farm | $2,072 |
| Geico | $2,417 |
| Progressive | $3,041 |
| Farmers | $3,140 |
Cheapest auto insurance after an at-fault accident: Nationwide
Finding affordable car insurance rates after an at-fault accident isn't easy, but if you compare quotes, you might find a policy that fits your budget.
In a recent data analysis, Insurance.com found that Nationwide offers the cheapest car insurance rates for Bessemer drivers with at-fault accidents. It provides coverage at an average annual cost of $1,761.
| Company | Average annual rates |
|---|---|
| Nationwide | $1,761 |
| Travelers | $2,141 |
| USAA | $2,177 |
| State Farm | $2,310 |
| Geico | $2,675 |
| Allstate | $2,839 |
| Farmers | $3,649 |
| Progressive | $4,192 |
Cheapest auto insurance after a DUI: State Farm
In Bessemer, 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 $2,072 a year.
Drivers convicted of a DUI offense face substantial increases in their car insurance rates. To get affordable premiums, you should compare quotes from different insurance carriers.
| Company | Average annual rates |
|---|---|
| State Farm | $2,072 |
| Nationwide | $2,415 |
| Allstate | $2,516 |
| Travelers | $2,599 |
| USAA | $2,774 |
| Geico | $3,260 |
| Progressive | $3,361 |
| Farmers | $3,785 |
Average car insurance cost in Bessemer
In Bessemer, the average annual cost for full coverage car insurance is around $1,996, which breaks down to approximately $166 per month. These rates are based on coverage levels of 100/300/100. On the other hand, the average yearly rate for state minimum coverage in Bessemer is about $500.
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 |
|---|---|
| $1,996 | $500 |
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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